Fantom USD (FUSD) is a crypto-backed US dollar stablecoin. It has about $18.9M in circulation, ranking #108 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
FUSD price
$0.9991
On peg Circulating supply
$18.9M
30-day change
0.0%
Price
$0.9991
Blockchains
1
Tracked since
Dec 2020
What is FUSD?
Fantom USD (FUSD) is a crypto-backed US dollar stablecoin. It has about $18.9M in circulation, ranking #108 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
In the issuer's words: fMint is the gateway to Fantom DeFi.
FUSD supply history
$19.5M$18.2M
Jun 5, 2025Jun 4, 2026
$62.9M$0
Dec 31, 2020Jun 4, 2026
FUSD supply was flat over the past 30 days. Its peak was $61.1M in December 2021, and supply is 69% 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
Supply is concentrated: Fantom holds 100% of all FUSD. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How FUSD is backed
FUSD 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: Mint fUSD, the stablecoin on Fantom pegged 1:1 to the USD price, using your FTM. Choose the amount you want to mint and rebalance at any time by adding or removing FTM. Repay the fUSD you minted at any time, unlocking your FTM.
FUSD 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 $18.9M 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.
FUSD vs USDT and USDC
Similar crypto-backed stablecoins
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FUSD in the news
FUSD FAQ
What is FUSD?
Fantom USD (FUSD) is a crypto-backed US dollar stablecoin. It has about $18.9M in circulation, ranking #108 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
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 crypto-backed stablecoin. FUSD 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 FUSD on?
FUSD is live on 1 blockchain. The largest by supply are Fantom ($18.9M).
How much FUSD is in circulation?
About $18.9M of FUSD was in circulation at the last update, 0.0% over 30 days. That makes it the #108 stablecoin by supply among those we track.
Is FUSD safe?
No stablecoin is risk-free. As a crypto-backed design, FUSD'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.