Ebisu V2

Overview

Ebisu is a Stablecoin Credit Market. Using a CDP model, users are able to borrow ebUSD against BTC, ETH, and USD pegged assets at competitive, market-set interest rates. ebUSD holders can participate in these credit markets by providing liquidity to Stability Pools and DEXs, earning real yield from borrower interest and liquidation gains.

Agent Information

Regulatory Considerations

Based on our analysis, Ebisu V2 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