USDu

USDu is a yield-bearing stablecoin issued by Unitas Labs on the Solana blockchain, designed to maintain a value of one U.S. dollar. It is intended for individuals and institutions who want to hold or transact in a dollar-denominated digital asset while having the collateral independently verifiable on-chain. The project targets KYC-verified counterparties for minting and redemption, while allowing freely circulating tokens to be used across wallets, exchanges, and decentralized finance applications.

Each USDu token is issued under the SPL token standard on Solana and is fully backed by cash and short-duration U.S. Treasury instruments held in custody at regulated institutions. On-chain proof-of-reserves data allows any observer to verify that collateral levels match the circulating supply in real time. The token also exists within the BNB Chain ecosystem, suggesting it operates or bridges across more than one network.

The data provided does not include a fee stream — no protocol revenue, fee income, or yield distribution figures are stored for USDu. The yield referenced in its description as a yield-bearing stablecoin is not quantified in the stored metrics, so fee-based measures typically found on this site cannot be calculated or reported here. The circulating stablecoin supply tracked in the data stands at 257,597.14 as a point-in-time figure, which is separate from the broader market capitalization of 53,207,818 U.S. dollars, suggesting much of the supply circulates outside the tracked segment.