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Pharos

Indigo iUSD (iUSD) stablecoin analytics

iUSD is Indigo Protocol's decentralized synthetic dollar on Cardano, minted against overcollateralized CDP vaults of Cardano-native assets.

Static Profile

Static stablecoin profile

Indigo iUSD (iUSD) static profile: governance model Decentralized (DeFi); backing model Crypto-Collateralized; peg US Dollar.

AI summary / Updated May 15, 2026

Cardano-native synthetic dollar minted from overcollateralized Cardano-asset CDPs; Cardano supply remains curated rather than live-verified. Indigo iUSD is a Cardano synthetic dollar minted against overcollateralized positions in Indigo Protocol. Its risk profile is a classic...

AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026

Collateral
Overcollateralized Indigo Protocol CDP vaults using ADA or DAO-whitelisted Cardano native tokens, plus stablecoins deposited through governed iUSD peg-stability modules
Peg Mechanism
Overcollateralized multi-collateral CDP synthetic dollar with per-iAsset Stability Pools, collateral redemptions, DAO-set interest and collateral parameters, and governed peg-stability modules that can mint or redeem iUSD against approved stablecoins
Jurisdiction
Not disclosed in the static profile.
Proof Of Reserves
No proof-of-reserves entry in the static profile.
Contracts
1 deployment tracked across Cardano.

Snippet Answer

Is iUSD safe?

Pharos does not mark iUSD as absolutely safe. Static metadata says Indigo iUSD uses a Decentralized (DeFi) governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. 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 iusd-indigo-protocol

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.

iUSD quick answers

What is Indigo iUSD (iUSD)?

iUSD is Indigo Protocol's decentralized synthetic dollar on Cardano, minted against overcollateralized CDP vaults of Cardano-native assets. The static profile records its US Dollar peg mechanism as: Overcollateralized multi-collateral CDP synthetic dollar with per-iAsset Stability Pools, collateral redemptions, DAO-set interest and collateral parameters, and governed peg-stability modules that can mint or redeem iUSD against approved...

Is iUSD safe?

Pharos does not mark iUSD as absolutely safe. Static metadata says Indigo iUSD uses a Decentralized (DeFi) governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

What backs iUSD?

Pharos classifies iUSD backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized Indigo Protocol CDP vaults using ADA or DAO-whitelisted Cardano native tokens, plus stablecoins deposited through governed iUSD peg-stability modules Reserve evidence: curated reserve profile.

Can iUSD be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, freeze or administrative control exposure is possible but not fully confirmed. Live freeze and blacklist events for iUSD, when applicable, appear in the dossier below.