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Info

Name
United States Permissionless Dollar
Symbol
USPD
Network
Ethereum
Market Cap
$2.3B
Total Supply
1.51B
Circulating Supply
1.51B
Holders
102

About

USPD (US Permissionless Dollar) is a decentralized stablecoin protocol. Its purpose is to provide a stable, censorship-resistant digital dollar that is fully backed by on-chain collateral. Users mint USPD by depositing staked Ethereum (stETH) and in return receive a stablecoin that also earns a native, passive yield from the underlying staking rewards. The protocol's stability is maintained by a decentralized network of actors, ensuring it remains permissionless and aligned with the core principles of DeFi.

FAQ

The market capitalization of USPD is $2.3B as of May 20, 2026.

Market capitalization is calculated by multiplying the current price of USPD by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The total supply of USPD is 1.51B.

The circulating supply, which represents the number of USPD currently available in the market, is 1.51B as of May 20, 2026.

USPD can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.