> For the complete documentation index, see [llms.txt](https://docs.xft.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.xft.finance/usdxt/structure.md).

# Structure

XFT Digital Dollar, USDXT, is a fully reserved payment stablecoin, minted 1:1 with U.S. dollars and other USD-denominated assets.

<table data-header-hidden><thead><tr><th width="208">Facts</th><th>--</th></tr></thead><tbody><tr><td>Eligibility</td><td>Permissionless</td></tr><tr><td>Underlying</td><td>U.S. Treasury Bills, Federal Home Loan Bank, Federal Farm Credit Bank</td></tr><tr><td>Liquidity</td><td>24/7 via USD</td></tr><tr><td>Legal Structure</td><td>Payment stablecoin</td></tr><tr><td>Use Cases</td><td>Instant minting and redemption; Global payments</td></tr><tr><td>Regulatory Compliance</td><td>1940 Act Closed-End Interval Fund</td></tr><tr><td>Issuer Domicile</td><td>Delaware, United States</td></tr><tr><td>Minimum Mint</td><td>$0, Instant Mint, 0% Fee</td></tr><tr><td>Minimum Redemption</td><td>$0, Instant Redemption, 0% Fee</td></tr><tr><td>Management Fee</td><td>0%</td></tr><tr><td>Implementation</td><td>Dollar.sol</td></tr><tr><td>Networks</td><td>Ethereum, Arbitrum, XDC Network</td></tr></tbody></table>

### Service Providers

<table data-header-hidden><thead><tr><th width="272">Service</th><th>Provider</th></tr></thead><tbody><tr><td>Principal Underwriter</td><td></td></tr><tr><td>Investment Advisor</td><td></td></tr><tr><td>Sub-Advisor</td><td></td></tr><tr><td>Distributor</td><td></td></tr><tr><td>Transfer Agent</td><td>XFT</td></tr><tr><td>Custodian</td><td></td></tr><tr><td>Administrator</td><td></td></tr><tr><td>Sub-Administrator</td><td></td></tr><tr><td>Independent Public Accountant</td><td></td></tr><tr><td>Fiat &#x3C;> Stablecoin</td><td>Visa</td></tr><tr><td>Benchmark</td><td>FTSE 3-Month U.S. Treasury Bill Index</td></tr></tbody></table>

### Minimums

| Initial Investment                     | $0.00 |
| -------------------------------------- | ----- |
| Additional Investment                  | $0.00 |
| Initial Group Retirement Investment    | $0.00 |
| Additional Group Retirement Investment | $0.00 |
| Required Balance                       | $0.00 |
| Direct Deposit                         | $0.00 |

### Fees & Expenses

| SALES CHARGE LOAD           | None |
| --------------------------- | ---- |
| PURCHASE FEE                | None |
| REINVESTED DIVIDENDS CHARGE | None |
| REDEMPTION FEE              | None |
| MANAGEMENT FEES             | None |
| PERFORMANCE FEE             | None |
| TWELVE B1 DISTRIBUTION FEE  | None |
| YIELD DISTRIBUTION FEE      | 100% |