Launched in September 2023, USD Token (USDOT) is an asset-backed token redeemable 1:1 for 1 US dollar. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by US dollar on the blockchain at a 1:1 ratio and indexed to the price of USD. For every USDOT created, an equivalent amount of USD is held as collateral in the company's reserves.