The Carry Trade Dollar
Hamilton introduces a new class of digital money — the Carry Trade Dollar — designed to bridge the gap between traditional yield creation and onchain value exchange.
Most stablecoins fall into two categories:
Custodial dollars — fully backed, but static (like USDC/USDT).
Speculative yield tokens — productive, but fragile (like algorithmic or derivative-backed models).
Hamilton represents a third path:
A permissionless, reserve-backed digital dollar that channels global sovereign yield into a transparent, programmatic form.
At its core, Hamilton connects two global systems that rarely intersect:
Traditional Global Credit System
Where countries borrow and lend at different interest rates.
Complex, institutional-only, yield trapped in legacy structures.
Tokenized access to sovereign yield via reserve-backed architecture.
Onchain Economy
Where stablecoins have made dollars borderless and liquid.
Accessible but economically passive — no participation in productivity.
Integrates yield generation into programmable digital dollars.
Hamilton fuses these two worlds through verifiable, onchain reserves — a system that reflects the real-world performance of sovereign debt markets while remaining open and permissionless.
It’s not a bank, not a fund, and not an algorithmic experiment. It’s a Digital Reserve System — a framework that embodies the true economics of money.
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