Bitcoin USD (BtcUSD) stablecoin analytics
Answer First
What is Bitcoin USD (BtcUSD)?
BtcUSD is BTCfi's overcollateralized USD stablecoin minted from BTC variants (WBTC, BTCB, cbBTC, native BTC) via Liquity-style CDP vaults. The static profile records its US Dollar peg mechanism as: Overcollateralized CDP with liquidation mechanisms
Is BtcUSD safe?
Pharos does not assess BtcUSD as safe: it holds an F Safety Score grade (38/100) in the latest published rating, which flags significant structural risk. Static metadata says Bitcoin USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Bitcoin USD (BtcUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 7, 2026
BtcUSD is BTCfi's overcollateralized USD stablecoin minted from BTC variants through Liquity-style CDP vaults. The backing is all Bitcoin exposure in various wrapped or native forms: native BTC, BTCB, cbBTC, and WBTC, plus a collateral handler the protocol's own registry does not identify, which gives holders hard-money aesthetics plus every custody assumption those wrappers drag along. Its long tail of depeg episodes makes it one of the noisier CDPs per unit of market relevance. Issued natively on Bifrost, with...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Overcollateralized Bitcoin (WBTC, BTCB, cbBTC, native BTC) via CDP vaults
- Peg Mechanism
- Overcollateralized CDP with liquidation mechanisms
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 3 deployments tracked across Base, Bifrost Network, and BSC.
Next Actions
Exact bot target: /subscribe dews,depeg,safety btcusd-btcfi
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
BtcUSD quick answers
What is Bitcoin USD (BtcUSD)?
BtcUSD is BTCfi's overcollateralized USD stablecoin minted from BTC variants (WBTC, BTCB, cbBTC, native BTC) via Liquity-style CDP vaults. The static profile records its US Dollar peg mechanism as: Overcollateralized CDP with liquidation mechanisms
Is BtcUSD safe?
Pharos does not assess BtcUSD as safe: it holds an F Safety Score grade (38/100) in the latest published rating, which flags significant structural risk. Static metadata says Bitcoin USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs BtcUSD?
Pharos classifies BtcUSD backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized Bitcoin (WBTC, BTCB, cbBTC, native BTC) via CDP vaults Reserve evidence: live reserve feed configured.
Can BtcUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for BtcUSD, when applicable, appear in the dossier below.
