StandX DUSD (DUSD) is a crypto-backed US dollar stablecoin. It has about $52.8M in circulation, ranking #69 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
What is DUSD?
StandX DUSD (DUSD) is a crypto-backed US dollar stablecoin. It has about $52.8M in circulation, ranking #69 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
DUSD supply fell 3.9% over the past 30 days, to $52.8M. Its peak was $212M in November 2025, and supply is 75% below that high.
Is DUSD holding its peg?
DUSD is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where DUSD lives: supply by blockchain
Supply is concentrated: BSC holds 87% of all DUSD. Moving it to another chain means bridging, or a mint and redeem through the issuer.
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
A sharp crash in the crypto collateral can outrun liquidations and leave the system under-backed.
Bugs, governance attacks or bad price feeds can drain collateral or trigger wrongful liquidations.
Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.
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
Similar crypto-backed stablecoins
See all →DUSD in the news
Binance adds five equity-linked TradFi perpetuals
DUSD FAQ
What is DUSD?
StandX DUSD (DUSD) is a crypto-backed US dollar stablecoin. It has about $52.8M in circulation, ranking #69 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 ($45.9M), Solana ($7.0M).
How much DUSD is in circulation?
About $52.8M of DUSD was in circulation at the last update, -3.9% over 30 days. That makes it the #69 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. It currently shows "on peg" on our peg monitor. This page is information, not investment advice.
