What Electronic USD is designed to do

Electronic USD (EUSD) is a fiat-backed stablecoin, currently ranked 536th by market capitalization among the assets we track. Electronic USD is a fiat-backed stablecoin: each token is meant to be redeemable for a reference currency held in reserve, so its job is to stay flat, not to appreciate. It is plumbing for the crypto economy rather than a bet on price.

Electronic USD (EUSD) is a digital currency designed to facilitate transactions and offer a stable alternative to traditional fiat currencies. It aims to combine the benefits of digital assets with the stability of the US dollar.

How the peg is meant to hold

The mechanism is straightforward in theory — one token, one unit of reserve — but it depends entirely on the issuer actually holding and honoring those reserves. Attestation quality is therefore the core risk.

Where Electronic USD sits in the market

At $1.00, Electronic USD carries a market capitalization of $27.55M. Around $140.99K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.51% of the float — on the quieter side, which can mean thinner liquidity for large orders.

Electronic USD carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. At the current $1.00, EUSD sits essentially at its record high — the riskier end of the range for fresh entries.

What the price history shows

The tape currently reads 24-hour +0.37%, 7-day +0.24%.

Volatility profile

Recent action puts Electronic USD in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.

How to evaluate a stablecoin like Electronic USD

A grounded read on EUSD comes down to three questions:

  • Reserve quality — what backs EUSD — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
  • Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
  • Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.