USDB (USDB): What It Is, Uses and Risks

USDB is a token tracked under the stablecoin category, and the data available for this page lists it as issued on the Blast network. It is not a native token of any blockchain. Its market data shows a price near one US dollar, which is what you would expect from a stablecoin, but public sources provided do not confirm the details that matter most for a stablecoin: who issues it, what reserves stand behind it, how redemption works, and whether those reserves are independently audited. Because of this gap, treat the name and category as a starting point rather than proof of how the token is designed. Several unrelated projects also use the USDB name, so check the contract address and issuer before you rely on any claim about a specific USDB.

The category label suggests USDB is meant to be used as a dollar-linked unit for trading, moving value between apps, or holding value without the price swings of volatile crypto assets. Stablecoins in general are often used on decentralised exchanges, in lending markets and as a parking place between trades. Public sources for this page do not name a specific dApp, lending market or payment use for this USDB, so I cannot say which of these uses apply here. If you want to know how the token is actually used, look for a named issuer, published documentation and on-chain activity that you can inspect yourself. Be careful with any source that promises yield or rewards for holding it, since those promises are not covered by the public information available here.

At the time of writing, as of 2026-10-30, the market data shows a price of about $0.95, a market capitalisation of about $8.2 million, and a circulating supply of roughly 8.6 million tokens. The total supply is similar, and no maximum supply is listed. The 24-hour trading volume is not available in the data. Over the past week the price has moved about minus 3.5 percent, and over the past year about minus 3.5 percent as well. The all-time high of about $1.22 was recorded on 2026-10-29, and the all-time low of about $0.83 was recorded on 2025-10-10. Some search snippets show a much larger supply figure, so supply numbers vary between sources. These figures change constantly and are shown only as a snapshot, not as a forecast.

The token is listed as issued on Blast, which is a layer 2 network built on Ethereum. It has no native-token role on any chain in the data. Some older descriptions say USDB moved to Blast to support smart contracts in a way similar to how ETH moved to the same network, but those descriptions are secondhand and not confirmed by a primary source here. Other projects with similar names describe USDB as a dollar-backed asset on Bitcoin's base layer or as a business-focused stablecoin backed one-to-one by US dollar reserves. Those are separate tokens. When you look up USDB, confirm the chain, the contract address and the issuer, because a name match alone does not tell you which token you are looking at.

Stablecoins carry risks that differ from those of volatile tokens. The main risks are the issuer failing to hold the reserves it claims, the peg breaking during market stress, smart contract bugs on the chain, bridge failures when moving tokens between networks, and thin liquidity that makes large trades move the price. The current price sitting below one dollar is a reminder that the peg is not guaranteed. To check a holding, confirm the contract address on the chain it claims, read the issuer's documents on reserves and redemption, and look for independent attestations. Store tokens in a wallet you control, keep your recovery phrase offline, and never share it. Do not send funds to anyone who contacts you about USDB unprompted. This page is for research and is not financial advice.