> For the complete documentation index, see [llms.txt](https://documents.velo.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://documents.velo.org/base-concepts/setup-stable-credit.md).

# Setup stable credit

In the DRS, Trusted Partners follow the specified workflow to create new types of stable credit that can are pegged to a fiat currency. Stable credits are tied to and controlled by the original issuing Trusted Partner.

The information required is: 

1\. The name of the stable credit 

2\. The fiat currency which the digital credit is pegged to 

3\. The pegged value of the stable credit to the fiat currency 

4\. The collateral asset

## Workflow

![](/files/-MHzEGimSA4ODOyUfHI3)