Youves uUSD (UUSD) is a crypto-backed US dollar stablecoin. It has about $1.1M in circulation, ranking #218 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
UUSD price
$0.9879
Slightly off peg Circulating supply
$1.1M
30-day change
+0.6%
Price
$0.9879
Blockchains
1
Tracked since
Aug 2022
What is UUSD?
Youves uUSD (UUSD) is a crypto-backed US dollar stablecoin. It has about $1.1M in circulation, ranking #218 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
In the issuer's words: uUSD is stablecoin pegged to USD on Tezos. It is fungible by design and backed by tez collateral.
UUSD supply history
$12.9M$0
Oct 8, 2025Oct 8, 2026
$13.0M$0
Aug 18, 2022Oct 8, 2026
UUSD supply grew 0.6% over the past 30 days, to $1.1M. Its peak was $14.3M in March 2023, and supply is 92% below that high.
Is UUSD holding its peg?
Last price
$0.9879
Target
1.0000 USD
Status
Slightly off pegUUSD is trading 0.5–2% from its target. Small coins often drift like this on thin markets. A gap that persists usually reflects redemption friction or doubts about the backing.
Where UUSD lives: supply by blockchain
Supply is concentrated: Tezos holds 100% of all UUSD. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How UUSD is backed
UUSD 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: Using the youves app, users mint uUSD by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back uUSD is burned.
Reserve reports and audits: github.com
UUSD 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 $1.1M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.
Currently off peg
At the last update UUSD traded at $0.9879 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.
UUSD vs USDT and USDC
Similar crypto-backed stablecoins
See all →
UUSD in the news
UUSD FAQ
What is UUSD?
Youves uUSD (UUSD) is a crypto-backed US dollar stablecoin. It has about $1.1M in circulation, ranking #218 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
Is UUSD pegged 1:1 to the US dollar?
UUSD targets 1 USD. At the last update it traded at $0.9879, a deviation of -1.21%, which we classify as "slightly off peg".
What backs UUSD?
UUSD is a crypto-backed stablecoin. UUSD 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 UUSD on?
UUSD is live on 1 blockchain. The largest by supply are Tezos ($1.1M).
How much UUSD is in circulation?
About $1.1M of UUSD was in circulation at the last update, +0.6% over 30 days. That makes it the #218 stablecoin by supply among those we track.
Is UUSD safe?
No stablecoin is risk-free. As a crypto-backed design, UUSD'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 "slightly off peg" on our peg monitor. This page is information, not investment advice.