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Dinari is a real-world-asset provider: depositing USDC mints USD+, a non-rebasing, yield-bearing stablecoin backed by short-term Treasury instruments, cash, and equivalents. yield.xyz exposes this as a real_world_asset yield on Ethereum, Base, and Arbitrum, one yield per network.

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Availability

kycRequired is false: there is no onboarding flow, and there is no KYC handoff before entering. List Dinari yields enabled for your project with GET /v1/yields filtered by providers=dinari.
USD+ is permissionless to mint and hold (kycRequired: false). The yield’s kyc.eligibility metadata sets usPersonAllowed: false with geo-blocking enforced, and the yield screens addresses against USD+‘s on-chain deny-list rather than running a KYC check. A restricted address fails the yield’s GET /v1/yields/{yieldId}/kyc/status check with a rejected result even though kycRequired is false. See KYC for how the status check behaves for permissionless RWA yields.

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Entering

The enter argument is amount, in USDC, with an optional receiverAddress to mint USD+ to an address other than the signer. yield.xyz’s minter contract checks both the signer and the receiver against USD+‘s on-chain deny-list before building the transaction; a blocked address fails before a transaction is returned. When the current USDC allowance is insufficient, an APPROVAL step precedes the mint. Minting is atomic and settles in the same transaction as any other enter action.

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Exiting

Exiting does not return USDC directly. The exit argument is amount (or useMaxAmount for the full USD+ balance) and an optional receiverAddress for the USDC payout; submitting it calls the redeemer contract’s requestRedeem and queues a redemption ticket rather than swapping instantly. An APPROVAL step precedes the request when the USD+ allowance is insufficient.
Redemption is asynchronous. Dinari’s operator settles the queued ticket within a cooldown of 3 days (cooldownPeriod), and there is no separate claim transaction: the USDC payout lands directly in the receiver’s address once the operator fulfills the ticket.

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Position and balances

While holding USD+, your address reports an active balance in USDC terms at a 1:1 price per share; USD+ does not rebase, and yield is credited off-chain and reflected in the token’s value rather than in a growing balance. Reward claiming is automatic; there is no manual claim step for accrued yield. A redemption in flight after requestRedeem reports as an exiting balance until the operator settles it, at which point it drops out of the balance response and the USDC arrives in the receiver’s wallet.

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Next steps

Asset coverage

Compare Dinari’s USD+ with other tokenized RWA products.

Action lifecycle

Request, sign, and submit enter and exit actions.