Lista USD (LISUSD) is a crypto-backed US dollar stablecoin. It has about $75.7M in circulation, ranking #60 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
What is LISUSD?
Lista USD (LISUSD) is a crypto-backed US dollar stablecoin. It has about $75.7M in circulation, ranking #60 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
In the issuer's words: HAY is a decentralized, unbiased, collateral-backed destablecoin soft-pegged to the US Dollar.
LISUSD supply history
LISUSD supply grew 0.9% over the past 30 days, to $75.7M. Its peak was $94.2M in September 2026, and supply is 20% below that high.
Is LISUSD holding its peg?
LISUSD is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where LISUSD lives: supply by blockchain
Supply is concentrated: BSC holds 100% of all LISUSD. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How LISUSD is backed
LISUSD 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: Using the Helio app, users mint HAY by depositing BNB into a vault. When the loan is repaid to retrieve the collateral, the paid back HAY is burned.
LISUSD 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.
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
LISUSD vs USDT and USDC
Similar crypto-backed stablecoins
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LISUSD FAQ
What is LISUSD?
Lista USD (LISUSD) is a crypto-backed US dollar stablecoin. It has about $75.7M in circulation, ranking #60 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
Is LISUSD pegged 1:1 to the US dollar?
LISUSD targets 1 USD. At the last update it traded at $0.9972, a deviation of -0.28%, which we classify as "on peg".
What backs LISUSD?
LISUSD is a crypto-backed stablecoin. LISUSD 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 LISUSD on?
LISUSD is live on 1 blockchain. The largest by supply are BSC ($75.9M).
How much LISUSD is in circulation?
About $75.7M of LISUSD was in circulation at the last update, +0.9% over 30 days. That makes it the #60 stablecoin by supply among those we track.
Is LISUSD safe?
No stablecoin is risk-free. As a crypto-backed design, LISUSD'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.