uSHIB is a tokenized implementation of Shiba Inu (SHIB) designed to enable exposure to SHIB across multiple blockchains including Base, Polygon, and Arbitrum.
uSHIB is fully collateralized with 1:1 Shiba Inu (SHIB) reserves securely stored with Coinbase Prime. uSHIB can be minted by providing the Universal protocol with the underlying SHIB and can be redeemed for SHIB by burning the uSHIB ERC-20 token.