US Sonic Dollar (USSD) stablecoin analytics
USSD is Sonic Labs's permissionless 1:1 dollar built on Frax's frxUSD infrastructure, backed by tokenized U.S. Treasury products and approved stablecoins.
Static Profile
Static stablecoin profile
US Sonic Dollar (USSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated May 15, 2026
Sonic Labs's USSD is a permissionless, zero-fee stablecoin backed entirely by tokenized Treasury bills, where yield flows to the Sonic ecosystem as buybacks rather than to holders. USSD is Sonic Labs' answer to why a fast EVM chain depends on Circle and Tether to denominate...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Short-duration tokenized U.S. Treasury products held by approved custodians: BlackRock BUIDL (USD Institutional Digital Liquidity Fund), Superstate USTB (Short Duration U.S. Government Securities Fund), and WisdomTree WTGXX (Government Money Market Digital Fund); supported minting collateral also includes USDC, USDT, PYUSD, and USDB
- Peg Mechanism
- 1:1 permissionless mint and redemption via non-custodial smart contracts built on Frax's frxUSD infrastructure; users mint with any approved USD asset (USDC, USDT, PYUSD, USDB, BUIDL, USTB, WTGXX) at zero fee; redeem into any supported USD asset at any time with no lockup or withdrawal delay; cross-chain via CCTP; yield from Treasury reserves flows to the Sonic ecosystem rather than to USSD holders
- Jurisdiction
- United States
- Proof Of Reserves
- Real-Time PoR by Frax Finance Reserve source
Snippet Answer
Is USSD safe?
Pharos does not mark USSD as absolutely safe. Static metadata says US Sonic Dollar uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from Frax Finance; the main caveat is that issuer or admin freeze controls are recorded. 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 ussd-sonic-labs
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.
USSD quick answers
What is US Sonic Dollar (USSD)?
USSD is Sonic Labs's permissionless 1:1 dollar built on Frax's frxUSD infrastructure, backed by tokenized U.S. Treasury products and approved stablecoins. The static profile records its US Dollar peg mechanism as: 1:1 permissionless mint and redemption via non-custodial smart contracts built on Frax's frxUSD infrastructure; users mint with any approved USD asset (USDC, USDT, PYUSD, USDB, BUIDL, USTB, WTGXX) at zero fee; redeem into any supported...
What backs USSD?
Pharos classifies USSD backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration tokenized U.S. Treasury products held by approved custodians: BlackRock BUIDL (USD Institutional Digital Liquidity Fund), Superstate USTB (Short Duration U.S. Government Securities Fund), and WisdomTree WTGXX (Government... Reserve evidence: Real-Time PoR from Frax Finance.
Can USSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for USSD, when applicable, appear in the dossier below.