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As of Nov 12, 2026, Threshold USD (THUSD) has a market cap of $539,903 across 1 chain, most of it on Ethereum ($539,902).
Stablecoin information
Threshold USD (thUSD) is a stablecoin soft-pegged against USD and backed by ETH and tBTC as collateral, with a minimum collateral ratio of 110%.
Category:crypto-backed
Minting and Redemption
A redemption is the process of exchanging thUSD for tBTC at face value, as if 1 thUSD is exactly worth $1. That is, for x thUSD you get x Dollars worth of tBTC in return. Users can redeem their thUSD for tBTC at any time without limitations. However, a redemption fee might be charged on the redeemed amount
Audits:No
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | <0.0001% | <0.0001% | <0.0001% | 539,902.5 |