FinChain Dollar (FUSD) is a fiat-backed US dollar stablecoin. It has about $1.5M in circulation, ranking #200 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
FUSD price
$0.9991
On peg Circulating supply
$1.5M
30-day change
-22.9%
Price
$0.9991
Blockchains
2
Tracked since
May 2026
What is FUSD?
FinChain Dollar (FUSD) is a fiat-backed US dollar stablecoin. It has about $1.5M in circulation, ranking #200 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
In the issuer's words: FinChain Dollar (FUSD) is an RWA-backed stablecoin designed to maintain a USD peg across EVM networks.
FUSD supply history
$2.0M$897K
May 15, 2026Oct 8, 2026
$2.0M$897K
May 15, 2026Oct 8, 2026
FUSD supply fell 22.9% over the past 30 days, to $1.5M. Its peak was $1.9M in October 2026, and supply is 23% below that high.
Is FUSD holding its peg?
Last price
$0.9991
Target
1.0000 USD
Status
On pegFUSD is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where FUSD lives: supply by blockchain
FUSD is spread across several networks. The largest, Ethereum, holds 65% of supply. Check that the token on your chain is the issuer's official contract, not a bridged copy.
How FUSD is backed
Each FUSD 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: FUSD is minted and redeemed through FinChain protocol gateway contracts under protocol access controls and reserve constraints.
Reserve reports and audits: finchain.gitbook.io
FUSD 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 $1.5M 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.
FUSD vs USDT and USDC
Similar fiat-backed stablecoins
See all →
FUSD in the news
FUSD FAQ
What is FUSD?
FinChain Dollar (FUSD) is a fiat-backed US dollar stablecoin. It has about $1.5M in circulation, ranking #200 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
Is FUSD pegged 1:1 to the US dollar?
FUSD 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 FUSD?
FUSD is a fiat-backed stablecoin. Each FUSD 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 FUSD on?
FUSD is live on 2 blockchains. The largest by supply are Ethereum ($947K), Avalanche ($510K).
How much FUSD is in circulation?
About $1.5M of FUSD was in circulation at the last update, -22.9% over 30 days. That makes it the #200 stablecoin by supply among those we track.
Is FUSD safe?
No stablecoin is risk-free. As a fiat-backed design, FUSD'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.