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USD3

$2M market cap

Issued by Reserve Protocol · reviewed 11 October 2026

Market cap: $2M +0.62% 7d
30-day trend
Volume / market cap: 0.0%
Peg drift, 30 days: 12.00%

Market data as of 11 October 2026, the same daily snapshot the tracker publishes. Peg drift is the largest single-day distance from par over the last 30 days, for USD-pegged tokens only.

USD3 is a USD-pegged Reserve Protocol token introduced in 2024. Reserve forum materials describe it as an overcollateralized, yield-bearing stablecoin backed by on-chain DeFi strategies.

01

Instrument facts

Symbol	USD3
Peg	USD
Backing	Crypto backed
Status	Active
Launched	2024
Networks	L1 EVM Ethereum
Specifications	Backing Four core USDC-based DeFi strategies, each approximately 25% of the basket Redemption Reserve documentation states that DTF tokens can be redeemed permissionlessly for their underlying collateral through the application or smart contracts, without custodians or order books. KYC required No
Use cases	DeFi collateral

02

Supply by chain

1 chains · $2M total

Chain	Supply
Ethereum	$2M

Chains holding at least $1M of this token, from the daily cross-chain compilation. The total may differ from the market capitalization above, which is a separate measurement.

03

Contract addresses

2 chains

Chain	Address
Base	`0xefb97aaf77993922ac4be4da8fbc9a2425322677`
Ethereum	`0x0d86883faf4ffd7aeb116390af37746f45b6f378`

Addresses as recorded for this token. Verify against the issuer's own published address before sending funds.

Official site

04

Background

Overview

USD3 is a USD-pegged Reserve Protocol token introduced in 2024. Reserve forum materials describe it as an overcollateralized, yield-bearing stablecoin backed by on-chain DeFi strategies.

Key Features

Reserve Yield DTF structure
Holder yield through net asset value appreciation
Permissionless minting and redemption for underlying collateral
RSR staking can provide overcollateralization and first-loss protection

Reserve Backing

Four core USDC-based DeFi strategies, each approximately 25% of the basket.

Supported Networks

Available on Ethereum.

05

Frequently asked questions

What is USD3?

USD3 is a USD-pegged Reserve Protocol token introduced in 2024. Reserve forum materials describe it as an overcollateralized, yield-bearing stablecoin backed by on-chain DeFi strategies.

How is USD3 backed?

Four core USDC-based DeFi strategies, each approximately 25% of the basket

Which networks carry USD3?

USD3 is recorded on 1 network, Ethereum.

What is the market capitalization of USD3?

USD3 has a market capitalization of $2M as of 11 October 2026.

06

Other US dollar stablecoins

Compiled from issuer disclosures, on-chain data and market data. All issuers · Methodology