Balanced Dollar (BNUSD) stablecoin analytics
bnUSD is Balanced's decentralized dollar stablecoin on ICON, minted from overcollateralized CDPs against sICX and bridged cross-chain via xCall.
Static Profile
Static stablecoin profile
Balanced Dollar (BNUSD) static profile: governance model Decentralized (DeFi); backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated May 15, 2026
bnUSD is Balanced's decentralized dollar stablecoin on ICON, minted from overcollateralized CDPs against sICX and bridged cross-chain via xCall. BNUSD is the overcollateralized stablecoin of Balanced, a Cosmos/ICON-native lending and DEX protocol. Holders borrow it against sICX...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Overcollateralized loans on ICON against sICX (staked ICX), with cross-chain Hub collateral support for assets bridged in via Balanced's xCall infrastructure
- Peg Mechanism
- CDP-style mint: users borrow bnUSD against eligible collateral on the ICON Hub through the Balanced Loans contract, paying a 0.2% origination fee and a 2% annualised interest charge; loans must remain above the protocol's collateral ratio or are eligible for liquidation. The same bnUSD supply circulates wrapper-free across connected chains via xCall, so cross-chain balances net back to the canonical ICON issuance.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is BNUSD safe?
Pharos does not mark BNUSD as absolutely safe. Static metadata says Balanced Dollar uses a Decentralized (DeFi) governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety bnusd-balanced
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
BNUSD quick answers
What is Balanced Dollar (BNUSD)?
bnUSD is Balanced's decentralized dollar stablecoin on ICON, minted from overcollateralized CDPs against sICX and bridged cross-chain via xCall. The static profile records its US Dollar peg mechanism as: CDP-style mint: users borrow bnUSD against eligible collateral on the ICON Hub through the Balanced Loans contract, paying a 0.2% origination fee and a 2% annualised interest charge; loans must remain above the protocol's collateral ratio...
What backs BNUSD?
Pharos classifies BNUSD backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized loans on ICON against sICX (staked ICX), with cross-chain Hub collateral support for assets bridged in via Balanced's xCall infrastructure Reserve evidence: curated reserve profile.
Can BNUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for BNUSD, when applicable, appear in the dossier below.