Ebisu V1

Overview

(Deprecated) Ebisu allows users to draw dollar-denominated credit against LRTs via a decentralized stablecoin. ebUSD gives users access to a stable store of value while enabling yield generation through AVS rewards and Ethereum staking rewards. User can set and adjust their interest rate any time throughout the lifecycle of the loan.

Agent Information

Regulatory Considerations

Based on our analysis, Ebisu V1 operates in the infrastructure sector with medium regulatory risk. Key considerations for APAC jurisdictions:

• Hong Kong: Generally lower regulatory burden for infrastructure services
• Singapore: May fall under PSA exemptions
• Japan: Depends on specific functionality