XUSD is a crypto-backed US dollar stablecoin. It has about $1.9M in circulation, ranking #186 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
XUSD price
$0.9780
Depegged Circulating supply
$1.9M
30-day change
-6.2%
Price
$0.9780
Blockchains
1
Tracked since
Feb 2024
What is XUSD?
XUSD is a crypto-backed US dollar stablecoin. It has about $1.9M in circulation, ranking #186 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
In the issuer's words: XUSD is a USD-pegged stablecoin aggregator of the Babelfish protocol.
XUSD supply history
$2.4M$1.8M
Oct 8, 2025Oct 8, 2026
$2.9M$1.6M
Feb 22, 2024Oct 8, 2026
XUSD supply fell 6.2% over the past 30 days, to $1.9M. Its peak was $2.8M in March 2025, and supply is 33% below that high.
Is XUSD holding its peg?
Last price
$0.9780
Target
1.0000 USD
Status
DepeggedXUSD is trading more than 2% below its target, so treat it as depegged. Check the issuer's announcements and redemption status before acting.
Where XUSD lives: supply by blockchain
Supply is concentrated: Rootstock holds 100% of all XUSD. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How XUSD is backed
XUSD is minted against crypto collateral locked in smart contracts, usually worth more than the stablecoins issued, with liquidations or hedges protecting the peg.
Minting and redemption: Its purpose is to act as a trustless stablecoin translation device - meaning it facilitates the conversion of multiple USD-pegged stablecoins with each other at a fixed 1:1 ratio.
XUSD risks
Collateral and liquidations
A sharp crash in the crypto collateral can outrun liquidations and leave the system under-backed.
Smart contracts and oracles
Bugs, governance attacks or bad price feeds can drain collateral or trigger wrongful liquidations.
Small and thinly traded
With $1.9M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.
Currently off peg
At the last update XUSD traded at $0.9780 against a target of 1.
Regulation
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
XUSD vs USDT and USDC
Similar crypto-backed stablecoins
See all →
XUSD in the news
XUSD FAQ
What is XUSD?
XUSD is a crypto-backed US dollar stablecoin. It has about $1.9M in circulation, ranking #186 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
Is XUSD pegged 1:1 to the US dollar?
XUSD targets 1 USD. At the last update it traded at $0.9780, a deviation of -2.20%, which we classify as "depegged".
What backs XUSD?
XUSD is a crypto-backed stablecoin. XUSD is minted against crypto collateral locked in smart contracts, usually worth more than the stablecoins issued, with liquidations or hedges protecting the peg.
Which blockchains is XUSD on?
XUSD is live on 1 blockchain. The largest by supply are Rootstock ($1.9M).
How much XUSD is in circulation?
About $1.9M of XUSD was in circulation at the last update, -6.2% over 30 days. That makes it the #186 stablecoin by supply among those we track.
Is XUSD safe?
No stablecoin is risk-free. As a crypto-backed design, XUSD's main risks are falls in collateral value that outpace liquidations, smart-contract and oracle failures, and, for hedged designs, negative funding rates or exchange counterparty risk. Its supply is small, so liquidity can be thin. It currently shows "depegged" on our peg monitor. This page is information, not investment advice.