Palm USD launched PUSD in 2025 as a USD-pegged stablecoin backed by reserves denominated in UAE dirhams and Saudi riyals. The issuer states that reserves are held through regulated Islamic financial institutions and are subject to monthly third-party audits.
| Symbol | PUSD |
| Peg | USD |
| Backing | Fiat backed |
| Status | Active |
| Launched | 2025 |
| Networks | L1 EVM Ethereum, BNB Chain L1 non EVM Solana, TRON |
| Specifications | Reserve reporting Monthly; issuer-stated reserve audit; issuer-stated |
| Use cases | Payments, Remittance, DeFi collateral |
| Chain | Address |
|---|---|
| Ethereum | 0xfaf0cee6b20e2aaa4b80748a6af4cd89609a3d78 |
Palm USD launched PUSD in 2025 as a USD-pegged stablecoin backed by reserves denominated in UAE dirhams and Saudi riyals. The issuer states that reserves are held through regulated Islamic financial institutions and are subject to monthly third-party audits.
Available on Ethereum, BNB Chain, Solana, TRON.
Palm USD launched PUSD in 2025 as a USD-pegged stablecoin backed by reserves denominated in UAE dirhams and Saudi riyals. The issuer states that reserves are held through regulated Islamic financial institutions and are subject to monthly third-party audits.
PUSD is recorded on 4 networks, including Ethereum, BNB Chain, Solana, TRON.