CASH is a fiat-backed US dollar stablecoin. It has about $128M in circulation, ranking #45 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
CASH price
$0.9990
On peg Circulating supply
$128M
30-day change
+2.6%
Price
$0.9990
Blockchains
1
Tracked since
Oct 2025
What is CASH?
CASH is a fiat-backed US dollar stablecoin. It has about $128M in circulation, ranking #45 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
In the issuer's words: CASH is a stablecoin issued by Bridge Building Inc. (BBI), fully backed 1:1 by U.S. dollars.
CASH supply history
$137M$70.5M
Oct 25, 2025Oct 8, 2026
$137M$70.5M
Oct 25, 2025Oct 8, 2026
CASH supply grew 2.6% over the past 30 days, to $128M. Its peak was $133M in September 2026, and supply is 4% below that high.
Is CASH holding its peg?
Last price
$0.9990
Target
1.0000 USD
Status
On pegCASH is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where CASH lives: supply by blockchain
Supply is concentrated: Solana holds 100% of all CASH. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How CASH is backed
Each CASH 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: BBI maintains a segregated reserve of liquid, high-quality assets—such as short-term U.S. Treasuries, reverse repos, money market funds, and tokenized equivalents—to support redemptions. The reserves comply with GENIUS Act standards, but holders do not have a direct claim on the underlying assets.
Reserve reports and audits: uspd.io
CASH risks
Issuer and custody
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.
Freezes and blacklists
Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.
Regulation
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
CASH vs USDT and USDC
Similar fiat-backed stablecoins
See all →
CASH in the news
Spalletta convicted as DOJ files USDC, USDT forfeiture cases
Binance adds four tokenized stocks as collateral and pairs
Solana Foundation launches institutional DvP settlement program
CASH FAQ
What is CASH?
CASH is a fiat-backed US dollar stablecoin. It has about $128M in circulation, ranking #45 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
Is CASH pegged 1:1 to the US dollar?
CASH targets 1 USD. At the last update it traded at $0.9990, a deviation of -0.10%, which we classify as "on peg".
What backs CASH?
CASH is a fiat-backed stablecoin. Each CASH 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 CASH on?
CASH is live on 1 blockchain. The largest by supply are Solana ($128M).
How much CASH is in circulation?
About $128M of CASH was in circulation at the last update, +2.6% over 30 days. That makes it the #45 stablecoin by supply among those we track.
Is CASH safe?
No stablecoin is risk-free. As a fiat-backed design, CASH'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 "on peg" on our peg monitor. This page is information, not investment advice.