# How to get snxUSD

$snxUSD (0xb2F30A7C980f052f02563fb518dcc39e6bf38175) is the V3 version of the Synthetix stablecoin. Until the frontend migrates to v3, you can get it at https://v3.synthetix.io -- in the future $snxUSD is expected to be renamed into $sUSD when Synthetix officially migrates to V3, which makes this nice and confusing.

The main page will look something like this:

<figure><img src="https://2784212298-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ff8xPtDNnJGPzpmL2yjns%2Fuploads%2FnwM9GMgPJDFDzY7sRO8Z%2Fimage.png?alt=media&#x26;token=b68ecd33-4afc-4b70-ab8a-f6a81d9dd7fe" alt=""><figcaption></figcaption></figure>

In Synthetix V3, each user has an NFT wallet called an "Account" created. It will be created the first time you try and interact with a pool.\
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To issue $snxUSD, you'll deposit $SNX as collateral into the pool, and be able to borrow $snxUSD:

<figure><img src="https://2784212298-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ff8xPtDNnJGPzpmL2yjns%2Fuploads%2FfWkZAPspr0GIgpS83yMD%2Fimage.png?alt=media&#x26;token=e3ce0e5c-8bf7-41ef-aa5f-a7ab38f54f4f" alt=""><figcaption></figcaption></figure>

Synthetix will let you borrow at a collateral ratio of 500% and only liquidates if the collateral ratio (C-Ratio) drops below 150%.\
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After you have done "add collateral" with your USD, you can enter the amount of $snxUSD you'd like to borrow and hit "Borrow snxUSD"
