USDH Stablecoin: Peg, Supply & Chains

#	Chain	Supply	Share	Trend			Distribution
1	Hyperliquid L1	$13.00M	100.13%		−$17.95M	1.01%	x

Stats

Circulating$12.98M

Price$0.9987

Peg Δ0.13%

Chains1

MechanismFiat-backed

Top chainHyperliquid L1 100%

How USDH is minted & redeemed

USDH is fully reserved by cash, short-term U.S. Treasuries, repo agreements, treasury-focused funds (e.g., BlackRock TTTXX), and tokenized treasury products (e.g., BlackRock BUIDL, Superstate USTB).

Supply flow

Net change—

Net mint—

Net redeem—

USDH circulating supply was roughly flat over the last 24 hours.

About USDH

USDH is a fiat-backed digital dollar built natively for Hyperliquid. Designed by Native Markets and issued by Bridge Building Inc, it delivers a credible, ecosystem-aligned, and native dollar solution for Hyperliquid.

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USDH Stablecoin (USDH) Stablecoin Analytics

USDH Stablecoin (USDH) Stablecoin Analytics