YUSD Stablecoin (YUSD) is a crypto-backed US dollar stablecoin. It has about $11.8M in circulation, ranking #124 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
YUSD price
$0.9957
On peg Circulating supply
$11.8M
30-day change
0.0%
Price
$0.9957
Blockchains
1
Tracked since
Apr 2022
What is YUSD?
YUSD Stablecoin (YUSD) is a crypto-backed US dollar stablecoin. It has about $11.8M in circulation, ranking #124 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
In the issuer's words: Yeti Finance is a cross-margin lending protocol on Avalanche that allows users to borrow up to 21x against their portfolio and receive YUSD, an overcollateralized stablecoin.
YUSD supply history
$12.2M$11.4M
Oct 8, 2025Oct 8, 2026
$226M$0
Apr 28, 2022Oct 8, 2026
YUSD supply was flat over the past 30 days. Its peak was $298M in May 2022, and supply is 96% below that high.
Is YUSD holding its peg?
Last price
$0.9957
Target
1.0000 USD
Status
On pegYUSD is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where YUSD lives: supply by blockchain
Supply is concentrated: Avalanche holds 100% of all YUSD. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How YUSD is backed
YUSD 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 Yeti Finance app, users mint YUSD by depositing an accepted collateral asset into a Trove. When the loan is repaid to retrieve the collateral, the paid back YUSD is burned.
Reserve reports and audits: docs.google.com · docs.google.com · drive.google.com · docs.google.com
YUSD 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 $11.8M 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.
YUSD vs USDT and USDC
Similar crypto-backed stablecoins
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YUSD in the news
Stripe and Advent Offer $53B to Acquire PayPal at 28% Premium, PYPL Surges 15%
Velocity Raises $38M Series A to Build Enterprise Stablecoin Treasury Rails, Backed by Dragonfly and Coinbase Ventures
Aave Labs Launches Stable Vaults to Pipe Fixed Stablecoin Yields Into Fintech Apps via $50B TVL
YUSD FAQ
What is YUSD?
YUSD Stablecoin (YUSD) is a crypto-backed US dollar stablecoin. It has about $11.8M in circulation, ranking #124 among the stablecoins CoinScoop tracks, and runs on 1 blockchain.
Is YUSD pegged 1:1 to the US dollar?
YUSD targets 1 USD. At the last update it traded at $0.9957, a deviation of -0.43%, which we classify as "on peg".
What backs YUSD?
YUSD is a crypto-backed stablecoin. YUSD 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 YUSD on?
YUSD is live on 1 blockchain. The largest by supply are Avalanche ($11.8M).
How much YUSD is in circulation?
About $11.8M of YUSD was in circulation at the last update, 0.0% over 30 days. That makes it the #124 stablecoin by supply among those we track.
Is YUSD safe?
No stablecoin is risk-free. As a crypto-backed design, YUSD'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.