Cap USD
Research notes
The peg deviation, currently negative 1.053 basis points, is the most direct indicator of whether CUSD is fulfilling its core function; sustained or widening deviation in either direction would indicate stress in the redemption or reserve mechanism. The 30-day stablecoin supply change of 21.6 percent reflects how quickly the circulating base is expanding, and whether that rate accelerates, stabilises, or reverses would speak to demand for the product. The supply pending percentage of roughly 0.30 percent represents units in the issuance pipeline but not yet circulating, so changes there can give early notice of shifts in minting activity. Downside deviation of 1.97 percent annualised over the trailing 90 days provides context for how tightly the price has tracked its peg historically, and watching it over time helps assess consistency of the peg maintenance.
Written by an AI language model from the figures listed below, on 28 Aug 2026 17:26 UTC.