StandX DUSD (DUSD)

Stablecoin #113 Crypto-backed USD peg

StandX DUSD (DUSD) is a crypto-backed US dollar stablecoin. It has about $15.1M in circulation, ranking #113 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.

· Data reviewed by Marcus Feld · Methodology
DUSD price
$0.9982
On peg
Circulating supply
$15.1M
US dollar value
30-day change
-72.7%
7d -38.6% · 24h -26.44%
Price
$0.9982
On peg
Blockchains
2
Most on BSC
Tracked since
Apr 2025
Peak $212M (Nov 2025)

What is DUSD?

StandX DUSD (DUSD) is a crypto-backed US dollar stablecoin. It has about $15.1M in circulation, ranking #113 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.

In the issuer's words: DUSD is a native yield bearing stablecoin designed to provide users with a stablecoin that offers competitive returns.

DUSD supply history

$218M$0
Oct 28, 2025Oct 28, 2026
$218M$0
Apr 9, 2025Oct 28, 2026

DUSD supply fell 72.7% over the past 30 days, to $15.1M. Its peak was $212M in November 2025, and supply is 93% below that high.

Is DUSD holding its peg?

Last price
$0.9982
Target
1.0000 USD
Status
On peg

DUSD is trading within 0.5% of its target, which is normal for a healthy stablecoin.

Where DUSD lives: supply by blockchain

  1. BSC$9.2M60.8%
  2. Solana$5.9M39.2%

DUSD is spread across several networks. The largest, BSC, holds 61% of supply. Check that the token on your chain is the issuer's official contract, not a bridged copy.

How DUSD is backed

DUSD 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: Users can mint DUSD by depositing USDT or USDC and redeem by swapping DUSD back to USDT or USDC through the platform.

Reserve reports and audits: docs.standx.com

DUSD 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 $15.1M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.

Bridged versions

Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.

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

DUSDUSDTUSDC
Supply$15.1M$181B$71.18B
30-day change-72.7%-1.3%-5.3%
TypeCrypto-backedFiat-backedFiat-backed
Issuer—TetherCircle
Pays yield—NoNo
Blockchains2103126
Peg statusOn pegOn pegOn peg

DUSD FAQ

What is DUSD?

StandX DUSD (DUSD) is a crypto-backed US dollar stablecoin. It has about $15.1M in circulation, ranking #113 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.

Is DUSD pegged 1:1 to the US dollar?

DUSD targets 1 USD. At the last update it traded at $0.9982, a deviation of -0.18%, which we classify as "on peg".

What backs DUSD?

DUSD is a crypto-backed stablecoin. DUSD 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 DUSD on?

DUSD is live on 2 blockchains. The largest by supply are BSC ($9.2M), Solana ($5.9M).

How much DUSD is in circulation?

About $15.1M of DUSD was in circulation at the last update, -72.7% over 30 days. That makes it the #113 stablecoin by supply among those we track.

Is DUSD safe?

No stablecoin is risk-free. As a crypto-backed design, DUSD'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 "on peg" on our peg monitor. This page is information, not investment advice.

Sources: supply, chain balances and price from DefiLlama, refreshed twice daily. Issuer and backing notes are checked by CoinScoop editors. . This page is information, not investment advice.