HeLa USD (HLUSD) stablecoin analytics
Answer First
What is HeLa USD (HLUSD)?
HLUSD is the HeLa ecosystem's centralized dollar stablecoin, backed by fiat and fiat-equivalent reserves and used as the HeLa runtime settlement asset. The static profile records its US Dollar peg mechanism as: Fiat-collateralized 1:1 USD peg: HLUSD is minted against off-chain USDC reserves and redeemable at 1 HLUSD = 1 USD, with issuance and redemption controlled by HeLa's on-chain role-based mint/burn governance (MintProposer/MintVoter quorum...
Is HLUSD safe?
Pharos does not assess HLUSD as safe: it holds a D Safety Score grade (41/100) in the latest published rating, which flags significant structural risk. Static metadata says HeLa USD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with curated reserve profile; 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
HeLa USD (HLUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Sep 7, 2026
HLUSD is the HeLa ecosystem's centralized dollar stablecoin and the chain's native gas token, admitted through CoinGecko because the HeLa chain is not yet a supported Pharos contract platform. CoinGecko reports a price and market cap, but contract-level supply and issuer reserve telemetry remain outside the supported chain set. HeLa's documentation states that HLUSD is fully backed by custodial USDC held at a licensed financial institution in Australia, which it does not name, and publishes no dated attestation...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: About HLUSD (StableHodl docs) and HeLa stablecoin governance documentation
- Collateral
- Off-chain USDC reserves held with a licensed financial institution in Australia, backing HLUSD redeemable 1:1 for the U.S. dollar
- Peg Mechanism
- Fiat-collateralized 1:1 USD peg: HLUSD is minted against off-chain USDC reserves and redeemable at 1 HLUSD = 1 USD, with issuance and redemption controlled by HeLa's on-chain role-based mint/burn governance (MintProposer/MintVoter quorum and Admin). HLUSD also serves as HeLa Chain's native gas token. Pricing and market-cap coverage are sourced from CoinGecko because the native HeLa chain is not modeled in Pharos.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- No contract deployments are listed in the static profile.
Next Actions
Exact bot target: /subscribe dews,depeg,safety hlusd-hela
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.
HLUSD quick answers
What is HeLa USD (HLUSD)?
HLUSD is the HeLa ecosystem's centralized dollar stablecoin, backed by fiat and fiat-equivalent reserves and used as the HeLa runtime settlement asset. The static profile records its US Dollar peg mechanism as: Fiat-collateralized 1:1 USD peg: HLUSD is minted against off-chain USDC reserves and redeemable at 1 HLUSD = 1 USD, with issuance and redemption controlled by HeLa's on-chain role-based mint/burn governance (MintProposer/MintVoter quorum...
Is HLUSD safe?
Pharos does not assess HLUSD as safe: it holds a D Safety Score grade (41/100) in the latest published rating, which flags significant structural risk. Static metadata says HeLa USD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with curated reserve profile; 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 HLUSD?
Pharos classifies HLUSD backing as Real-World Asset Backed. Collateral, per the static profile: Off-chain USDC reserves held with a licensed financial institution in Australia, backing HLUSD redeemable 1:1 for the U.S. dollar Reserve evidence: curated reserve profile.
Can HLUSD 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 HLUSD, when applicable, appear in the dossier below.
