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).

Logo of Threshold USD

Threshold USD(THUSD)

Market Cap$539,903

Price—

Total Circulating539,902.5

200m

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

NameBridge
0.00%<0.0001%<0.0001%<0.0001%539,902.5

Stablecoins by market cap

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