Quill USD (USDQ) stablecoin analytics
USDQ is Quill's Liquity-v2 fork on Scroll, minted from user-set interest CDPs against wETH, wstETH, weETH, and SCR collateral.
Static Profile
Static stablecoin profile
Quill USD (USDQ) static profile: governance model Decentralized (DeFi); backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated May 15, 2026
Quill's USDQ deploys Liquity V2's immutable CDP on Scroll with wETH/wstETH/weETH/SCR collateral; accepting the host chain's own token introduces a reflexivity loop. Quill Finance deploys Liquity V2's immutable CDP blueprint on Scroll, minting USDQ against wETH, wstETH, weETH...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- wETH, wstETH, weETH, and SCR in overcollateralized CDP markets on Scroll
- Peg Mechanism
- Overcollateralized CDP with user-set interest rates and direct on-chain redemption for underlying collateral; Stability Pools absorb liquidations per collateral market
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Scroll.
Snippet Answer
Is USDQ safe?
Pharos does not mark USDQ as absolutely safe. Static metadata says Quill USD uses a Decentralized (DeFi) governance model and Crypto-Collateralized backing, with live reserve feed configured; 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 usdq-quill
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.
USDQ quick answers
What is Quill USD (USDQ)?
USDQ is Quill's Liquity-v2 fork on Scroll, minted from user-set interest CDPs against wETH, wstETH, weETH, and SCR collateral. The static profile records its US Dollar peg mechanism as: Overcollateralized CDP with user-set interest rates and direct on-chain redemption for underlying collateral; Stability Pools absorb liquidations per collateral market
What backs USDQ?
Pharos classifies USDQ backing as Crypto-Collateralized. Collateral, per the static profile: wETH, wstETH, weETH, and SCR in overcollateralized CDP markets on Scroll Reserve evidence: live reserve feed configured.
Can USDQ 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 USDQ, when applicable, appear in the dossier below.