Efficiency is the cornerstone of Sound Money. To ensure that users can move capital without the typical "slippage" of traditional exchanges, Peoples Reserve utilizes two native assets: prUSD (our internal stablecoin) and prBTC (our internal wrapped Bitcoin).
prUSD: Seamless Stability
prUSD is the native stablecoin of the Peoples Reserve ecosystem, pegged 1:1 to the US Dollar. It serves as the primary currency for loan disbursements and interest payments, providing a frictionless experience for borrowers.
- Zero Exchange Spread: By using prUSD internally, you avoid the predatory spreads and conversion fees typically charged by third-party exchanges when moving between Bitcoin and fiat.
- Instant Loan Payouts: When your mortgage or line of credit is approved, funds are issued in prUSD immediately. There is no waiting for "ACH clearing" or external wire transfers to access your liquidity.
- Simplified Repayment: Use prUSD to service your loan interest directly within the platform, ensuring your payments are credited instantly without network latency.
prBTC: Wrapped Efficiency
prBTC is a 1:1 wrapped representation of Bitcoin held within the Peoples Reserve secure vaults. It allows users to maintain the value and exposure of Bitcoin while enjoying the speed of the internal ledger.
- Gas-Free Transfers: Moving Bitcoin on-chain can be expensive and slow during periods of high congestion. prBTC allows for near instant, internal movements without paying high fees.
- Optimized LTV Management: prBTC is the native collateral for our lending engine. This allows our protocol to monitor your Loan-to-Value (LTV) ratio in real-time, providing instant adjustments to your interest rates as the market moves.
- Full Backing: Every 1 prBTC is backed by exactly 1 BTC held in our bankruptcy-remote vaults. You maintain the same Sound Money security with significantly higher transaction velocity.
Native vs. External: The Efficiency Gap
The primary benefit of Peoples Reserves Native Liquidity is the elimination of the middlemen that usually siphon off a percentage of your wealth through fees.
| Metric | External Stablecoins/BTC | Native prUSD / prBTC |
|---|---|---|
| Transaction Speed | 10 mins – 24 hours | Near Instant |
| LTV Updates | Delayed by network confirmations | Real-Time / Automated |
| Network Fees | Subject to high "Gas" or Miner fees | Zero Internal Network Fees |
The Ecosystem Advantage
Having native assets contained within the platform isn't just about speed—it's about ecosystem integrity.
- Unified Auditing: Because prUSD and prBTC are managed on the Peoples Reserve internal ledger, we can provide near-instant Proof of Reserves. You can verify that the ecosystem is solvent and that your assets are where they should be at given any time.
- Reduced Counterparty Risk: When you use external stablecoins, you are at the mercy of their specific issuers and regulatory hurdles. By staying within the Peoples Reserve ecosystem you rely on the same institutional-grade security (BitGo) that protects our products.
- Seamless PRN Integration: Native assets are fully integrated with our PRN Loyalty Tiers. This means your interest rate, discounts, and yield shares are calculated automatically based on the real-time value of your prBTC and prUSD positions.