USDP is a stable digital currency tethered to the US dollar system, leveraging the advantages of virtual currency technology. It serves as a secure and stable medium for exchanging fiat currencies with digital currencies, enabling free circulation between them. Issued by a foundation through debt collateral, USDP adopts a highly stable hybrid collateral model and operates on an independent blockchain network to ensure its security. USDP is subject to regulatory oversight and maintains its price stability through a robust reserve foundation. The USDP Foundation governs under principles of compliance, transparency, and regulatory supervision. It engages independent third-party accounting firms and institutions to establish standards for asset verification and conduct regular checks to confirm asset reserves, safeguarding the value of USDP and users assets.