Assets · Stablecoin · issued by United Stables
United Stables U ($U) (U)New
US dollar stablecoin issued by United Stables Limited, backed one to one by fiat currency and approved stablecoins held in segregated custody; institutions mint and redeem after KYB, others buy it on exchanges. Not licensed under MiCA, Hong Kong's stablecoin ordinance or the US GENIUS Act.
- Value per token
- $1
Issued through United Stables U dollar stablecoin Live (scaled)
Classification · low confidence
- Legal form
- Stablecoin from economic tests
- Underlying
- Undisclosed · Money, Government debt
- Value behaviour
- Stable value · no income
- Ledger role
- Native
The terms (18 Dec 2025) allow reserves of cash, US Treasury bills and fiat-referenced stablecoins in proportions the issuer chooses, and give no assurance of the composition; no weighted breakdown or 2026 attestation is published, so the primary stays undisclosed (stablecoins are a third component, so the cash-residual exception does not apply). Only Mint Users can redeem, for USD or stablecoins of equal notional value.
Sourced[4]. How assets are classified: methodology.
Contracts
Addresses as published by the issuer. Check them on the explorer before relying on them. Supply per network comes from the issuing deployment's on-chain figures.
| Network | Address | Standard | Supply here | Source |
|---|---|---|---|---|
| BNB Chain | 0xcE2443…666666 ↗ | BEP-20 | ~$1.05bn | [1] |
| Ethereum | 0xcE2443…666666 ↗ | ERC-20 | ~$479.15m | [1] |
| TRON | TFNirp6P…oCoeFJ ↗ | TRC-20 | ~$55m | [1] |
| Robinhood Chain | 0xcE2443…666666 ↗ | ERC-20 | ~$30m | [1] |
Sources
- [1]Multichain | United Stables — United Stables. Accessed 22 Oct 2026. Token standard and address per network (BNB Smart Chain, Ethereum, Robinhood, TRON); full addresses read from the page HTML..B
- [2]United Stables (U) | The Stablecoin Liquidity Layer — United Stables. Accessed 22 Oct 2026.B
- [3]United Stables (U) - RWA Dashboard & Analytics - DefiLlama — DefiLlama. Accessed 22 Oct 2026. Lists U as redeemable, KYC for mint and redeem, not yield-bearing..C
- [4]Terms and Conditions | United Stables (last updated 18 December 2025) — United Stables, 18 Dec 2025. Accessed 27 Oct 2026. Issuer: United Stables Limited (BVI). Reserves are to consist of cash, US Treasury bills and/or fiat-referenced stablecoins in proportions the issuer decides, with no assurance of the exact composition; tokens give holders no right in the reserves; only Mint Users may redeem, for eligible assets (USD or stablecoins such as USDT and USDC) of equivalent notional value; other holders have no redemption right. Text is in the page HTML, readable without JavaScript..B
- [5]United Stable Proof of Reserves — United Stables. Accessed 27 Oct 2026. Shows total reserves and supply from a Chainlink Proof of Reserve feed on BNB Chain (oracle 0xFa8e834DD2200923C706e6438d9030dB029B0c18); a total only, no composition..B