HUSD is a fiat-backed US dollar stablecoin. It has about $192M in circulation, ranking #38 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
HUSD price
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No market price Circulating supply
$192M
30-day change
0.0%
Price
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Blockchains
3
Tracked since
Sep 2021
What is HUSD?
HUSD is a fiat-backed US dollar stablecoin. It has about $192M in circulation, ranking #38 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
In the issuer's words: HUSD is an over-collateralized stablecoin built on the Ethereum, HECO and Tron networks.
HUSD supply history
$198M$185M
Oct 8, 2025Oct 8, 2026
$297M$154M
Sep 10, 2021Oct 8, 2026
HUSD supply was flat over the past 30 days. Its peak was $393M in June 2022, and supply is 51% below that high.
Is HUSD holding its peg?
Last price
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Target
1.0000 USD
Status
No market priceThere is no live market price for HUSD. It is not actively traded on any exchange or DEX we can see, which is common for bank-issued and permissioned stablecoins that are only minted and redeemed directly with the issuer.
Where HUSD lives: supply by blockchain
Supply is concentrated: Ethereum holds 98% of all HUSD. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How HUSD is backed
Each HUSD 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: Stable Universal customers who have undergone a verification process can exchange USD for HUSD and redeem HUSD for USD.
HUSD 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.
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.
HUSD vs USDT and USDC
Similar fiat-backed stablecoins
See all →
HUSD in the news
HUSD FAQ
What is HUSD?
HUSD is a fiat-backed US dollar stablecoin. It has about $192M in circulation, ranking #38 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
What backs HUSD?
HUSD is a fiat-backed stablecoin. Each HUSD 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 HUSD on?
HUSD is live on 3 blockchains. The largest by supply are Ethereum ($188M), Tron ($4.5M), Solana ($11K).
How much HUSD is in circulation?
About $192M of HUSD was in circulation at the last update, 0.0% over 30 days. That makes it the #38 stablecoin by supply among those we track.
Is HUSD safe?
No stablecoin is risk-free. As a fiat-backed design, HUSD'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. It currently shows "no market price" on our peg monitor. This page is information, not investment advice.