> For the complete documentation index, see [llms.txt](https://docs.lends.so/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.lends.so/products/thorfi-lending/how-are-stablecoin-loans-accounted.md).

# How are stablecoin loans accounted?

All loans are denominated in TOR - an internal stablecoin index calibrated to $1. This allows standardized accounting across assets.