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



# HomeCoin (HOME)

**Peg:** US Dollar

**Backing:** Real-World Asset Backed

**Governance:** CeFi-Dependent

**Status:** active

## Overview

USD stablecoin backed by U.S. home-loan liens and property receivables; foreclosure is the recovery path, not redemption liquidity. HomeCoin is backed by U.S. home loan liens and property-backed receivables rather than cash, T-bills, or crypto collateral. That makes the asset interesting but illiquid: a foreclosure right is not the same thing as immediate redemption liquidity. Pharos tracks the Ethereum contract, self-reported collateral source, and DefiLlama provider entry while assigning high reserve risk. The real-estate lending model is documented in metadata, but HOME is not classified as yield-bearing until a holder-level yield source is verified. Reserve risk is dominated by mortgage-lien {{term:rwa}}RWA{{/term}} quality rather than cash {{term:attestation}}attestation{{/term}}, and the {{term:redemption}}redemption{{/term}} path runs through loan workouts, not an issuer window.

## Collateral

U.S. home-loan liens and property-backed receivables originated through the HomeCoin/Bacon lending process

## Peg Mechanism

Users fund property-backed loans with stablecoins; loans are secured by recorded liens and nonpayment can lead to foreclosure or sale proceeds

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| United States | N/A | N/A |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0xb8919522331c59f5c16bdfaa6a121a6e03a91f62` | 6 |

## Live Data

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