Hamilton Overview

The Carry Trade Dollar

Hamilton is the world’s first carry trade dollar, a reserve-backed, permissionless digital dollar that channels global sovereign yield into a transparent and programmable form of money.

At its core, Hamilton connects two systems:

  • The global credit system, where countries borrow and lend at different interest rates, creating vast yield differentials.

  • The onchain economy, where stablecoins made the dollar borderless, but not productive.

It is a digital reserve system, built to reflect the real-world performance of sovereign debt markets, with complete transparency and verifiable reserves through

  • USDh: A stable digital dollar, backed by reserves across short-term sovereign and money-market instruments in emerging economies.

  • sUSDh: A staked counterpart that represents participation in Hamilton’s global reserve framework, designed to reflect cumulative system performance over time.

Users can acquire USDh, stake it to receive sUSDh, and redeem at any time, benefiting from transparent accounting, independent audits, and onchain proof of reserves.

Hamilton’s redefines what a dollar can be — The Carry Trade Dollar for the Global Economy.

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