United Stables
Stablecoin Profile
United Stables (U) is a crypto-collateralised stablecoin: users mint U by locking other crypto assets as over-collateral, with $1B currently in circulation across 2 blockchain networks. The USD peg is maintained through liquidation auctions when collateral value falls below required thresholds. Price feed sourced via coingecko.
About United Stables (U)
$U is a next-generation stablecoin backed by fully fluid assets, designed to unify fragmented liquidity across trading, payments, DeFi, institutional settlement, and AI-driven autonomous systems. It is the embodiment of a "fluid" future where value flows seamlessly between humans and AI.
An eligible business can exchange USD and $USDT/USDC/USD1 for $U and redeem $U for USD and $USDT/USDC/USD1 through an United Stables Account.
Recent supply activity
United Stables (U) supply was unchanged in the last 24 hours, contracted by $5M (-0.50%) over the past week, and expanded by $290M (+40.57%) over the past 30 days.
Expansion phase: minting activity has outpaced redemptions, with circulating supply growing 40.57% over the past month.
Supply History
Network distribution
United Stables circulates across 2 blockchain networks. BSC hosts the largest share at 100.00%, followed by Ethereum at 0.00%. BSC has shown the strongest 30-day growth at +40.57%, suggesting fresh issuance or bridge inflows on that chain.
| Chain | Supply | Share | 24h Δ | 30d Δ |
|---|---|---|---|---|
| BSC | $1B | 100.00% | 0.00% | +40.57% |
| Ethereum | $10 | 0.00% | 0.00% | 0.00% |
Peg stability history
As a crypto-collateralised stablecoin, United Stables (U) maintains its 1.00 USD target by holding excess on-chain collateral and routing redemptions through automated liquidation auctions. Spot price is currently $1.0001 (+0.008%); short-term excursions are normal in this range are typically arbitraged away within hours via the protocol's open mint/redeem mechanics.
How crypto-collateralised stablecoins defend their peg
Crypto-collateralised stablecoins like this one over-collateralise positions — borrowers must lock more than $1.00 of crypto for each $1.00 of stablecoin minted. If collateral value falls below the required ratio, the position is automatically liquidated in an open Dutch auction. Arbitrageurs can always mint and redeem against the protocol's contracts, which keeps the secondary-market price tightly bounded around $1.00. The main residual risks are sudden crypto-collateral crashes that outpace the liquidation engine, and oracle failure.
Practical implications for holders
- Collateral volatility is the dominant risk: a fast drawdown in the collateral asset can outpace liquidation auctions and leave the protocol under-collateralised.
- Oracle risk: the protocol relies on price feeds (typically Chainlink or a multi-oracle setup). Oracle manipulation or delay during volatile markets has historically caused peg excursions.
- Governance risk: parameter changes (collateral types, liquidation ratios, debt ceilings) are decided by token-holder votes. Sudden governance attacks remain a tail risk.
- On-chain transparency is a major advantage — collateral is verifiable 24/7 without trusting an attestor.
- Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).
Peg-stability commentary is based on the mechanism class (crypto-collateralised) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.
Contract addresses
United Stables (U) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.
| Chain | Contract address | Verify |
|---|---|---|
| Ethereum | 0xce24439f2d9c6a2289f741120fe202248b666666 | Explorer |
Contract addresses are sourced from DeFiLlama's stablecoin profile. Some chains (Tron, Solana, Aptos, Sui) use non-EVM address formats. The "Explorer" link opens the official block explorer for the given chain; we do not link out to third-party explorers that may show altered data.
Compare United Stables to other crypto-collateralised stablecoins
Below are the largest crypto-collateralised stablecoins tracked on Mantapex alongside United Stables (U). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.
| Stablecoin | Supply | Mechanism | Chains |
|---|---|---|---|
| Sky Dollar (USDS) | $8.4B | crypto-backed | 6 |
| Ethena USDe (USDe) | $5.9B | crypto-backed | 23 |
| Dai (DAI) | $4.6B | crypto-backed | 48 |
| Falcon USD (USDf) | $1.6B | crypto-backed | 2 |
| USDD (USDD) | $1.1B | crypto-backed | 4 |
Across mechanism classes
If you're researching U as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.
Peg Stability
Chain Distribution
Resources & data sources
United Stables (U) is tracked across major crypto data providers. The links below open United Stables (U)'s pages on CoinGecko, CoinMarketCap and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.
Price feed sourced from coingecko. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.
Recent United Stables news
Latest reporting from major crypto news outlets covering United Stables.
- UToday
Binance List New Cardano (ADA), Dogecoin (DOGE) Pairs Against New Stablecoin
According to the official announcement, Binance will launch ADA/U, DOGE/U and PEPE/U spot trading pairs on Feb. 25, 2026, at 8:00 a.m. UTC. While Cardano, Dogecoin and Pepe Coin…
- UToday
Binance Lists New Cardano (ADA), Dogecoin (DOGE) Pairs With U Stablecoin
According to the official announcement, Binance will launch ADA/U, DOGE/U and PEPE/U spot trading pairs on Feb. 25, 2026, at 8:00 a.m. UTC. While Cardano, Dogecoin and Pepe Coin…
Related stablecoins
Stablecoins comparable to United Stables by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
Other crypto-backed stablecoins
Stablecoins pegged to USD
Risk Warning
Stablecoins carry risks including de-pegging, regulatory changes, and counterparty risk. Always diversify and do your own research.
