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



# PathUSD (pathUSD)

**Peg:** US Dollar

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

Bridge-issued dollar quote token for Tempo, backed by institutional reserves and redeemable through Bridge-supported flows; matters more as a payment-chain rail than for current scale. pathUSD is the Bridge-issued dollar quote token for Tempo, backed by a conventional reserve portfolio and redeemable back through Bridge-supported {{term:redemption}}redemption{{/term}} flows. The asset matters less because of current scale than because it is native to a payment-focused chain that may become an important stablecoin rail. The risk profile is straightforward: institutional reserve assets and issuer redemption on the strong side, new-chain execution and limited independent reserve telemetry on the weak side.

## Collateral

Bridge-managed reserve assets for Tempo pathUSD, including cash, short-dated Treasuries, overnight Treasury repo, and money-market-fund exposure

## Peg Mechanism

Tempo users mint pathUSD by depositing USDC.e through Bridge-supported exchange flows and redeem pathUSD back into USDC through Bridge rails

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| United States | FinCEN | Money Services Business |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| tempo | `0x20c0000000000000000000000000000000000000` | 6 |

## Live Data

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