Streamflow USD+ (USD+) is a fiat-backed US dollar stablecoin. It has about $1.6M in circulation, ranking #191 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
USD+ price
$0.9994
On peg Circulating supply
$1.6M
30-day change
+3.8%
Price
$0.9994
Blockchains
1
Tracked since
Jul 2026
What is USD+?
Streamflow USD+ (USD+) is a fiat-backed US dollar stablecoin. It has about $1.6M in circulation, ranking #191 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
In the issuer's words: USD+ is a U.S. Treasury bill-backed stablecoin on Solana, powered by the M0 universal stablecoin platform, that streams yield from underlying T-Bills directly to holders' wallets daily while maintaining a $1 peg.
USD+ supply history
$1.7M$1.5M
Jul 11, 2026Oct 8, 2026
$1.7M$1.5M
Jul 11, 2026Oct 8, 2026
USD+ supply grew 3.8% over the past 30 days, to $1.6M. It is at or near its all-time high.
Is USD+ holding its peg?
Last price
$0.9994
Target
1.0000 USD
Status
On pegUSD+ is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where USD+ lives: supply by blockchain
Supply is concentrated: Solana holds 100% of all USD+. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How USD+ is backed
Each USD+ 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: USD+ is minted 1:1 against U.S. Treasury bill reserves via the M0 platform and is redeemable 1:1 for its underlying reserves, with yield from the T-Bills streamed daily to holders and no staking or lockups required.
USD+ 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 $1.6M 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.
USD+ vs USDT and USDC
Similar fiat-backed stablecoins
See all →
USD+ in the news
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Stablecoin Yield: Live Rates and Where the Interest Comes From
USDT vs USDC: Differences, Reserves and Which to Use
USD+ FAQ
What is USD+?
Streamflow USD+ (USD+) is a fiat-backed US dollar stablecoin. It has about $1.6M in circulation, ranking #191 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
Is USD+ pegged 1:1 to the US dollar?
USD+ targets 1 USD. At the last update it traded at $0.9994, a deviation of -0.06%, which we classify as "on peg".
What backs USD+?
USD+ is a fiat-backed stablecoin. Each USD+ 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 USD+ on?
USD+ is live on 1 blockchain. The largest by supply are Solana ($1.6M).
How much USD+ is in circulation?
About $1.6M of USD+ was in circulation at the last update, +3.8% over 30 days. That makes it the #191 stablecoin by supply among those we track.
Is USD+ safe?
No stablecoin is risk-free. As a fiat-backed design, USD+'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.