Convert Wrapped USDR WUSDR to Steakhouse USDC (Base) Morpho Vault STEAKUSDC
WUSDR to STEAKUSDC: 1 Wrapped USDR converts to 0.4178 STEAKUSDC
About WUSDR and STEAKUSDC
Wrapped USDR is falling, while Steakhouse USDC (Base) Morpho Vault is climbing this week. The current WUSDR to STEAKUSDC conversion rate is 0.4178. Inversely, this means that if you convert 1 STEAKUSDC you will get 2.39 WUSDR. The conversion rate of WUSDR/STEAKUSDC has decreased by 0% in the last hour (STEAKUSDC/WUSDR increased by 0%). In the last 24 hours, WUSDR/STEAKUSDC shrunk by 1.41%, while STEAKUSDC/WUSDR grew by the same amount.
The exchange rate of Wrapped USDR is increasing. The current value of 1 WUSDR is 0.4178 STEAKUSDC. In other words, to buy 5 Wrapped USDR, it would cost you 2.089 STEAKUSDC. Inversely, 1 STEAKUSDC would allow you to trade for 2.39 WUSDR while 50 STEAKUSDC would convert to 119.67 WUSDR, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.01%. Meanwhile, in the last 24 hours, the rate has changed by 0.25%, which means that the highest exchange rate of 1 WUSDR to STEAKUSDC was 0.4178 STEAKUSDC and the lowest 24 hour value was 1 WUSDR for 0.4109 STEAKUSDC. Last month, 1 WUSDR was worth 0.4263 STEAKUSDC. Today, it's down 2.04%. Looking back a year, Wrapped USDR has changed by 0.1171 STEAKUSDC. That means that in a single year, the value of Wrapped USDR has grown by 71.97%.
Wrapped USDR Market Stats
wUSDR is a wrapped version of USDR. USDR is the world’s first stablecoin collateralized by tokenized, yield-producing real estate. USDR has its own value accrual system built into its design, differentiating it from other currencies. Using a consistent stream of dependable yield derived from rental revenue, USDR will deliver a native real yield to stakers through a daily rebase, projected to range between 10 - 20% APY. As an asset class, real estate is inflation-proof and wealth generating, making it an ideal backing for a stablecoin. While the dollar has lost over 80% of its purchasing power over the past 50 years, the price of single-family home has gone up by 14x in countries like the United States. So a real estate backed stablecoin not only works as a hedge against the volatility of crypto markets, it also protects holders from the impacts of ongoing currency debasement. USDR is minted using DAI and can always be redeemed 1:1 for DAI. Treasury DAI is used to purchase and tokenize income-generating real estate, which is added to the treasury and serves as the primary source of protocol yield. As the value of the tokenized real estate appreciates over time, USDR becomes overcollateralized. Tokenized real world assets are the path to meaningfully grow the market cap of crypto and DeFi, reaching the next billion users in the process. Bringing RWAs on-chain allows for transparent, trust-minimized and efficient access to categories like the ~$330T global real estate market. Without the need for a mortgage or a downpayment, it’s now possible for anyone with a phone to access many of the benefits of real estate though USDR.
Steakhouse USDC (Base) Morpho Vault Market Stats
Steakhouse vaults aims to optimize yields by lending deposited assets against blue chip crypto and real world asset (RWA) collateral markets, depending on market conditions. We call this the "dual engine." Morpho Vaults are curated lending vaults that can allocate deposits to any number of Morpho Markets. Each vault is customizable and has a different risk profile. Curators are independent, third-party risk experts who use their expertise to offer various Morpho Vaults.
Conversion tables
WUSDR to STEAKUSDC values from Today at 5:18 pm
0.5 WUSDR = 0.2089 STEAKUSDC |
1 WUSDR = 0.4178 STEAKUSDC |
5 WUSDR = 2.09 STEAKUSDC |
10 WUSDR = 4.18 STEAKUSDC |
50 WUSDR = 20.89 STEAKUSDC |
100 WUSDR = 41.78 STEAKUSDC |
500 WUSDR = 208.90 STEAKUSDC |
1,000 WUSDR = 417.80 STEAKUSDC |
STEAKUSDC to WUSDR values from Today at 5:19 pm
0.5 STEAKUSDC = 1.20 WUSDR |
1 STEAKUSDC = 2.39 WUSDR |
5 STEAKUSDC = 11.97 WUSDR |
10 STEAKUSDC = 23.93 WUSDR |
50 STEAKUSDC = 119.67 WUSDR |
100 STEAKUSDC = 239.35 WUSDR |
500 STEAKUSDC = 1,196.75 WUSDR |
1,000 STEAKUSDC = 2,393.49 WUSDR |
WUSDR to STEAKUSDC over time
WUSDR | Today | 24H 0.25% | 1M -2.04% | 1Y 71.97% |
|---|---|---|---|---|
0.5 WUSDR | 0.2089 STEAKUSDC | 0.2084 STEAKUSDC | 0.2132 STEAKUSDC | 0.05855 STEAKUSDC |
1 WUSDR | 0.4178 STEAKUSDC | 0.4167 STEAKUSDC | 0.4263 STEAKUSDC | 0.1171 STEAKUSDC |
5 WUSDR | 2.09 STEAKUSDC | 2.08 STEAKUSDC | 2.13 STEAKUSDC | 0.5855 STEAKUSDC |
10 WUSDR | 4.18 STEAKUSDC | 4.17 STEAKUSDC | 4.26 STEAKUSDC | 1.17 STEAKUSDC |
50 WUSDR | 20.89 STEAKUSDC | 20.84 STEAKUSDC | 21.32 STEAKUSDC | 5.85 STEAKUSDC |
100 WUSDR | 41.78 STEAKUSDC | 41.67 STEAKUSDC | 42.63 STEAKUSDC | 11.71 STEAKUSDC |
500 WUSDR | 208.90 STEAKUSDC | 208.37 STEAKUSDC | 213.15 STEAKUSDC | 58.55 STEAKUSDC |
1,000 WUSDR | 417.80 STEAKUSDC | 416.74 STEAKUSDC | 426.31 STEAKUSDC | 117.10 STEAKUSDC |
Frequently asked questions
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.