---
title: "Alpha Partner USDA (USDA) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/usda-alpha-partner/"
description: "Build-time stablecoin profile for Alpha Partner USDA (USDA). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# Alpha Partner USDA (USDA)

**Peg:** US Dollar

**Backing:** Crypto-Collateralized

**Governance:** CeFi-Dependent

**Status:** active

## Overview

a BSC-only dollar token with protocol-managed reserves and opaque mechanics, tracked at long-tail confidence. Alpha Partner USDA is a BSC-issued dollar token with protocol-managed reserves and liquidity controls. The available docs support adding it to the catalog, but they do not support a detailed collateral split, an independent {{term:redemption}}redemption{{/term}} score, or a clean {{term:custody}}custody{{/term}} story. Pharos therefore treats USDA as crypto-backed and high risk, with curated validation only checking the tracked on-chain token supply. It belongs in the long-tail cohort where metadata coverage matters but confidence remains limited.

## Collateral

Undisclosed and unverified. AP Web3 / Alpha Partners markets USDA as 1:1 USD-backed by reserves with 'FDIC protection', but publishes no reserve composition, proof of reserves, or attestation; the FDIC claim is unsubstantiated (FDIC does not insure stablecoins). Backing is opaque.

## Peg Mechanism

Undocumented. The issuer publishes no mint/redeem or peg-maintenance mechanism. On-chain USDA is a BSC ERC-20 with a role-gated mint, an address blacklist, and modifiable transfer tax/fees; no peg-stabilization process is described.

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| bsc | `0x17eafd08994305d8ace37efb82f1523177ec70ee` | 18 |

## Live Data

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