ONED USD (ONED) stablecoin analytics
Answer First
What is ONED USD (ONED)?
ONED is a Gennius-branded dollar token backed by USDC held by Coinbase, with 1:1 conversion for eligible Coinbase accounts. The static profile records its US Dollar peg mechanism as: Eligible Coinbase accounts can deposit native ONED from external wallets and convert ONED 1:1 with USDC. New York, Canada and the European Economic Area are excluded on Coinbase.
Is ONED safe?
Pharos does not mark ONED as absolutely safe. Static metadata says ONED USD uses a Centralized (CeFi) governance model and Crypto-Collateralized backing, with Self-Reported PoR from Coinbase itemized ONED reserve and supply dashboard; no token-specific independent financial attestor identified; 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
ONED USD (ONED) static profile: governance model Centralized (CeFi); backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Oct 2, 2026
ONED is Gennius's dollar-referenced token, backed by USDC held in Coinbase custody and issued natively on Base. Eligible Coinbase accounts can deposit externally held ONED and convert it one-for-one with USDC, subject to geographic and account restrictions. Coinbase publishes itemized reserve wallets and supply, and pinned on-chain balances corroborate that snapshot. Those wallet balances do not establish beneficial reserve title, legal segregation or the absence of off-chain claims.
- Collateral
- USDC held in Coinbase custody, with itemized Base reserve wallets published by Coinbase; token-specific legal segregation and insolvency priority are unverified.
- Peg Mechanism
- Eligible Coinbase accounts can deposit native ONED from external wallets and convert ONED 1:1 with USDC. New York, Canada and the European Economic Area are excluded on Coinbase. Copies, wrapped and bridged ONED are not redeemable under native holder terms.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Self-Reported PoR by Coinbase itemized ONED reserve and supply dashboard; no token-specific independent financial attestor identified Reserve source
- Contracts
- 1 deployment tracked across Base.
Next Actions
Exact bot target: /subscribe dews,depeg,safety oned-gennius
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 Oct 2, 2026.
ONED quick answers
What is ONED USD (ONED)?
ONED is a Gennius-branded dollar token backed by USDC held by Coinbase, with 1:1 conversion for eligible Coinbase accounts. The static profile records its US Dollar peg mechanism as: Eligible Coinbase accounts can deposit native ONED from external wallets and convert ONED 1:1 with USDC. New York, Canada and the European Economic Area are excluded on Coinbase.
Is ONED safe?
Pharos does not mark ONED as absolutely safe. Static metadata says ONED USD uses a Centralized (CeFi) governance model and Crypto-Collateralized backing, with Self-Reported PoR from Coinbase itemized ONED reserve and supply dashboard; no token-specific independent financial attestor identified; 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 ONED?
Pharos classifies ONED backing as Crypto-Collateralized. Collateral, per the static profile: USDC held in Coinbase custody, with itemized Base reserve wallets published by Coinbase; token-specific legal segregation and insolvency priority are unverified. Reserve evidence: Self-Reported PoR from Coinbase itemized ONED reserve and supply dashboard; no token-specific independent financial attestor identified.
Can ONED 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 ONED, when applicable, appear in the dossier below.
