Nexus USD (NUSD) stablecoin analytics
Answer First
What is Nexus USD (NUSD)?
NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage
Is NUSD safe?
NUSD holds a C- Safety Score grade (52/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Nexus USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Nexus USD (NUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 7, 2026
Nexus USD is a legacy Synapse bridge-liquidity stable asset backed by a pool of DAI, USDC, and USDT, closer to bridge routing infrastructure than to a standalone modern issuer. It is included because DefiLlama still returns both a current price and circulating supply. Fixed-block reads of the Ethereum nexus pool in August 2026 put USDT at more than half of the basket with DAI and USDC splitting the rest, so the upstream reserve basket gives NUSD inherited freezability and stablecoin dependency risk. The N/A...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments
- Peg Mechanism
- Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Next Actions
Exact bot target: /subscribe dews,depeg,safety nusd-nexus
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.
NUSD quick answers
What is Nexus USD (NUSD)?
NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage
Is NUSD safe?
NUSD holds a C- Safety Score grade (52/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Nexus USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs NUSD?
Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: live reserve feed configured.
Can NUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for NUSD, when applicable, appear in the dossier below.
