infiniFi USD (IUSD) is a crypto-backed US dollar stablecoin. It has about $70.2M in circulation, ranking #59 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
IUSD price
$1.0001
On peg Circulating supply
$70.2M
30-day change
+55.3%
Price
$1.0001
Blockchains
2
Tracked since
Aug 2025
What is IUSD?
infiniFi USD (IUSD) is a crypto-backed US dollar stablecoin. It has about $70.2M in circulation, ranking #59 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
In the issuer's words: iUSD is a ERC20 - represents a users deposited value into the infiniFi protocol.
IUSD supply history
$196M$0
Oct 29, 2025Oct 29, 2026
$196M$0
Aug 21, 2025Oct 29, 2026
IUSD supply grew 55.3% over the past 30 days, to $70.2M. Its peak was $191M in January 2026, and supply is 63% below that high.
Is IUSD holding its peg?
Last price
$1.0001
Target
1.0000 USD
Status
On pegIUSD is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where IUSD lives: supply by blockchain
Supply is concentrated: Ethereum holds 100% of all IUSD. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How IUSD is backed
IUSD 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: infiniFi USD (iUSD) can be minted and redeemed for USDC 1 for 1. There is no mint or redemption fee. In the case of lack of liquid reserves duration asset backing fills up the redemption queue as those assets reach maturity.
Reserve reports and audits: docs.infinifi.xyz
IUSD 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.
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.
IUSD vs USDT and USDC
Similar crypto-backed stablecoins
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IUSD in the news
Solana Validators Eye Proposal to Slash Issuance and Boost Daily SOL Burns More Than 10-Fold
Wells Fargo to Launch Tokenized Deposits for Corporate Clients This Fall, Starting With USD-GBP Corridor
SoFi Confirms SoFiUSD Stablecoin Is Live on Solana, Powering Real-Time Commercial Settlements
IUSD FAQ
What is IUSD?
infiniFi USD (IUSD) is a crypto-backed US dollar stablecoin. It has about $70.2M in circulation, ranking #59 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
Is IUSD pegged 1:1 to the US dollar?
IUSD targets 1 USD. At the last update it traded at $1.0001, a deviation of +0.01%, which we classify as "on peg".
What backs IUSD?
IUSD is a crypto-backed stablecoin. IUSD 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 IUSD on?
IUSD is live on 2 blockchains. The largest by supply are Ethereum ($70.2M), Monad ($511).
How much IUSD is in circulation?
About $70.2M of IUSD was in circulation at the last update, +55.3% over 30 days. That makes it the #59 stablecoin by supply among those we track.
Is IUSD safe?
No stablecoin is risk-free. As a crypto-backed design, IUSD'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.