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Initia iUSD (iUSD) stablecoin analytics

iUSD is a single-chain Initia wrapper of bridged Agora AUSD; reserve yield is redirected to ecosystem incentives and redemption routes through AUSD.

Static Profile

Static stablecoin profile

Initia iUSD (iUSD) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar.

AI summary / Updated May 15, 2026

Single-chain Initia wrapper of bridged Agora AUSD; reserve yield diverted to ecosystem incentives, redemption routes back through AUSD. iUSD is the native dollar on Initia, the new Move-based Cosmos L1. Each iUSD is backed 1:1 by Agora's AUSD bridged in via LayerZero, so the...

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

Collateral
1:1 reserve in Agora AUSD bridged to Initia via LayerZero; AUSD itself is backed by short-dated U.S. Treasury bills, overnight reverse repos, and cash held in a bankruptcy-remote Delaware Statutory Trust managed by VanEck and custodied by State Street
Peg Mechanism
iUSD is a single-chain wrapper of bridged Agora AUSD on Initia. Each iUSD is minted against an equal amount of AUSD locked at the Initia LayerZero bridge endpoint; reserve yield from the underlying AUSD is redirected by Initia into ecosystem incentives (Echelon lending, liquidity programs, Cabal vaults) rather than to holders. Holder redemption ultimately depends on the AUSD bridge and Agora's direct USD redemption.
Jurisdiction
Not disclosed in the static profile.
Proof Of Reserves
No proof-of-reserves entry in the static profile.
Contracts
1 deployment tracked across Initia.

Snippet Answer

Is iUSD safe?

Pharos does not mark iUSD as absolutely safe. Static metadata says Initia iUSD uses a CeFi-Dependent governance model and Real-World Asset Backed 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 iusd-initia

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 Initia iUSD (iUSD)?

iUSD is a single-chain Initia wrapper of bridged Agora AUSD; reserve yield is redirected to ecosystem incentives and redemption routes through AUSD. The static profile records its US Dollar peg mechanism as: iUSD is a single-chain wrapper of bridged Agora AUSD on Initia. Each iUSD is minted against an equal amount of AUSD locked at the Initia LayerZero bridge endpoint; reserve yield from the underlying AUSD is redirected by Initia into...

What backs iUSD?

Pharos classifies iUSD backing as Real-World Asset Backed. Collateral, per the static profile: 1:1 reserve in Agora AUSD bridged to Initia via LayerZero; AUSD itself is backed by short-dated U.S. Treasury bills, overnight reverse repos, and cash held in a bankruptcy-remote Delaware Statutory Trust managed by VanEck and custodied by... Reserve evidence: curated reserve profile.

Can iUSD 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 iUSD, when applicable, appear in the dossier below.