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As of Nov 12, 2026, Squads USD (SQUSD) has a market cap of $70.86m across 1 chain, most of it on Solana ($70.86m).
Stablecoin information
SQUSD is a US dollar stablecoin issued on Solana through Bridge's Open Issuance platform, backed 1:1 by cash and short-dated US Treasuries held in reserve by Bridge (a Stripe company).
Category:fiat-backed
Minting and Redemption
SQUSD is minted when US dollars are deposited through Bridge's issuance APIs and burned on redemption, both 1:1. Bridge publishes live supply and reserve data at reserves.bridge.xyz.
Audits:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +5.46% | 70.86m |
