AP USDA (USDA) is a fiat-backed US dollar stablecoin. It has about $78.5M in circulation, ranking #59 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
What is USDA?
AP USDA (USDA) is a fiat-backed US dollar stablecoin. It has about $78.5M in circulation, ranking #59 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
In the issuer's words: USDA is a compliant, cross-chain stablecoin issued by the AP Web3 ecosystem, anchored 1:1 to the US Dollar and designed as secure digital payment and asset settlement infrastructure for global users.
USDA supply history
USDA supply was flat over the past 30 days. Its peak was $87.0M in October 2026, and supply is 10% below that high.
Is USDA holding its peg?
USDA is trading more than 2% below its target, so treat it as depegged. Check the issuer's announcements and redemption status before acting.
Where USDA lives: supply by blockchain
Supply is concentrated: BSC holds 100% of all USDA. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How USDA is backed
Each USDA is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Minting and redemption: USDA is minted when users deposit USD with the issuer, and it can be redeemed 1:1 for the USD held in its reserves.
USDA risks
Your claim is on the issuer and the banks or funds holding its reserves. A failure or freeze there can break the peg, as USDC briefly did in March 2023.
Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.
At the last update USDA traded at $0.9027 against a target of 1.
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
USDA vs USDT and USDC
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USDA FAQ
What is USDA?
AP USDA (USDA) is a fiat-backed US dollar stablecoin. It has about $78.5M in circulation, ranking #59 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
Is USDA pegged 1:1 to the US dollar?
USDA targets 1 USD. At the last update it traded at $0.9027, a deviation of -9.73%, which we classify as "depegged".
What backs USDA?
USDA is a fiat-backed stablecoin. Each USDA is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Which blockchains is USDA on?
USDA is live on 1 blockchain. The largest by supply are BSC ($87.0M).
How much USDA is in circulation?
About $78.5M of USDA was in circulation at the last update, 0.0% over 30 days. That makes it the #59 stablecoin by supply among those we track.
Is USDA safe?
No stablecoin is risk-free. As a fiat-backed design, USDA's main risks are reliance on the issuer and its banks or custodians, how transparent the reserves are, the issuer's ability to freeze tokens, and regulatory action. It currently shows "depegged" on our peg monitor. This page is information, not investment advice.