HeLa USD (HLUSD) quarantined stablecoin record
Live tracking temporarily paused
No tracked contract exists on any supported chain, so no on-chain supply path can be probed, and the CoinGecko row has been stale since 2026-08-14, when Biconomy suspended HLUSD trading. Re-source a native-HeLa supply reader or an issuer supply feed.
Effective 2026-09-24; review due 2026-10-24; Biconomy announcement on the suspension of HLUSD trading
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?
HeLa USD is not in Pharos's active universe. No tracked contract exists on any supported chain, so no on-chain supply path can be probed, and the CoinGecko row has been stale since 2026-08-14, when Biconomy suspended HLUSD trading. Re-source a native-HeLa supply reader or an issuer supply feed.
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
This record preserves static and historical context; live actions are available only for active assets.
Source: checked-in StablecoinMeta profile fields. This inactive record does not participate in current live monitoring; 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?
HeLa USD is not in Pharos's active universe. No tracked contract exists on any supported chain, so no on-chain supply path can be probed, and the CoinGecko row has been stale since 2026-08-14, when Biconomy suspended HLUSD trading. Re-source a native-HeLa supply reader or an issuer supply feed.
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. HLUSD is outside active monitoring; this static record preserves the reviewed control context.