---
title: "Hyperbeat USDT (hbUSDT) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/hbusdt-hyperbeat/"
description: "Build-time stablecoin profile for Hyperbeat USDT (hbUSDT). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# Hyperbeat USDT (hbUSDT)

**Peg:** US Dollar

**Backing:** Crypto-Collateralized

**Governance:** CeFi-Dependent

**Status:** active

## Overview

USDT0 vault wrapper on HyperEVM; ultimate fiat par exit still routes through Tether. hbUSDT is a HyperEVM vault share built around USDT0, USDe, USR, and Hyperbeat strategy liquidity. Metadata and contract tracking are present, but reserve confidence remains conservative until product-scoped Hyperbeat data can separate hbUSDT from aggregate Accountable reporting. Treat hbUSDT as a {{term:yield-bearing}}yield-bearing{{/term}} wrapper whose exit depends on Hyperbeat vault liquidity and an upstream Tether {{term:redemption}}redemption{{/term}} route, with cross-chain settlement riding the USDT0 {{term:bridge}}bridge{{/term}}.

## Collateral

USDT deposited into Hyperbeat's HyperEVM yield vault, with returns sourced from HyperEVM DeFi lending and strategy allocation

## Peg Mechanism

hbUSDT is a yield-bearing vault token over USDT strategy exposure; holders exit through Hyperbeat vault liquidity into USDT, while ultimate fiat par exit remains Tether's issuer route

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| hyperevm | `0x5e105266db42f78fa814322bce7f388b4c2e61eb` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/hbusdt-hyperbeat.