DigitalDollar (DUSD) is a fiat-backed US dollar stablecoin. It has about $2.9M in circulation, ranking #175 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
DUSD price
$0.9991
On peg Circulating supply
$2.9M
30-day change
0.0%
Price
$0.9991
Blockchains
1
Tracked since
Jan 2022
What is DUSD?
DigitalDollar (DUSD) is a fiat-backed US dollar stablecoin. It has about $2.9M in circulation, ranking #175 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
In the issuer's words: DUSD is a secure, transparent, democratic Digital Dollar on Arbitrum. All DUSD are 1:1 backed by real dollars.
DUSD supply history
$3.0M$2.8M
Jun 9, 2025Jun 4, 2026
$3.4M$0
Jan 10, 2022Jun 4, 2026
DUSD supply was flat over the past 30 days. Its peak was $3.3M in September 2022, and supply is 11% below that high.
Is DUSD holding its peg?
Last price
$0.9991
Target
1.0000 USD
Status
On pegDUSD is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where DUSD lives: supply by blockchain
Supply is concentrated: Arbitrum holds 100% of all DUSD. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How DUSD is backed
Each DUSD 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: Fluid customers who have undergone a verification process can exchange USD for DUSD and redeem DUSD for USD.
Reserve reports and audits: res.cloudinary.com
DUSD 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.
Small and thinly traded
With $2.9M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.
Regulation
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
DUSD vs USDT and USDC
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DUSD FAQ
What is DUSD?
DigitalDollar (DUSD) is a fiat-backed US dollar stablecoin. It has about $2.9M in circulation, ranking #175 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
Is DUSD pegged 1:1 to the US dollar?
DUSD targets 1 USD. At the last update it traded at $0.9991, a deviation of -0.09%, which we classify as "on peg".
What backs DUSD?
DUSD is a fiat-backed stablecoin. Each DUSD 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 DUSD on?
DUSD is live on 1 blockchain. The largest by supply are Arbitrum ($3.0M).
How much DUSD is in circulation?
About $2.9M of DUSD was in circulation at the last update, 0.0% over 30 days. That makes it the #175 stablecoin by supply among those we track.
Is DUSD safe?
No stablecoin is risk-free. As a fiat-backed design, DUSD'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. Its supply is small, so liquidity can be thin. It currently shows "on peg" on our peg monitor. This page is information, not investment advice.