pathUSD (PATHUSD): What It Is, Uses and Risks

pathUSD (PATHUSD) is a stablecoin meant to track the US dollar, so one token is intended to be worth about one dollar. The token facts list it under the Stablecoins category and as issued on the Tempo blockchain. Tempo is described as a payments-focused Layer 1 network incubated by Stripe and Paradigm. One search result describes pathUSD as a token tracked across one chain and as a TIP-20 token, a token standard on Tempo. The project does not include a project description, a launch date or a consensus mechanism, so this page does not describe the issuer, its governance or its technical design beyond what is listed here. Readers should treat the one-to-one dollar backing as a claim from a third-party search snippet, not as something verified on this page.

According to the Tempo description in public reporting, pathUSD is the default fee token on the network, which means transaction fees on Tempo can be paid in it. The same material says it is the input asset for Morpho V2 vaults available on Tempo. Morpho is a lending protocol, so depositing pathUSD into such a vault would expose a holder to that protocol's lending and smart contract risks in addition to the token's own risks. Stablecoins are generally used for payments, transfers between exchanges and wallets, and holding value in dollar terms. The project does not say how widely pathUSD is accepted by merchants or exchanges, so its real-world use is not established here.

As of 2026-11-05, the data lists a price of about 0.9973 US dollars and a market capitalization of about 36.6 million dollars, ranked 567th by market cap. Circulating supply and total supply are both about 36.7 million tokens, and no maximum supply is listed. The 24-hour trading volume in the data is about 46,000 dollars, which is small. Its all-time high in the data is about 1.11 dollars on 2026-10-24, and its all-time low is about 0.82 dollars on 2026-08-22. Other public reporting shows different figures from earlier dates, such as a circulation of about 66 million dollars and a market cap near 31 million dollars, so supply and market figures vary by source and by date. These numbers change constantly and are not a prediction of future price.

Public sources list Tempo as the only chain where pathUSD is issued, and no native token is listed for any chain. A search result says pathUSD is tracked across one chain, which matches this. The project does not mention Ethereum or other networks, so readers should not assume pathUSD exists elsewhere unless a bridge or official issuer announcement confirms it. Moving a token to the wrong network can cause loss of funds, so the network named in a wallet should match the network the token is actually on. Another search result says pathUSD is a dollar-denominated token on Tempo and suggests USDC is a better fit for holding cash, but that is one site's opinion, and this page does not recommend one stablecoin over another.

Stablecoins carry risks that are different from those of volatile crypto assets. The data shows the price falling to about 0.82 dollars at its low, which is well below its peg, and the project does not explain why. A reserve claim is only as strong as its disclosure and audit, and public information here include no attestation or reserve report. Smart contract bugs, issuer decisions, freezes, regulatory action and thin liquidity can all affect the price or the ability to sell. Low daily volume can make large sales move the price. To store pathUSD, use a wallet that supports the Tempo network and keep recovery phrases offline and private. Check the receiving address and network before every transfer, and start with a small test amount.