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USDB profile facts

USDB Blast (USDB) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.

Other coins using the USDB ticker

  • Bridge USDB (USDB) · Pre-launch · US Dollar. USDB is Bridge's closed-loop dollar stablecoin.
Collateral
DAI held through Blast's MakerDAO DSR yield manager; USDC, USDT, and DAI are supported bridge deposit inputs, while USDB withdrawals redeem to DAI.
Peg mechanism
Automatic rebasing with yield from underlying centralized stablecoin strategies
Jurisdiction
Not disclosed in the static profile.
Proof of reserves
No proof-of-reserves entry in the static profile.
Contracts
1 deployment tracked across Blast.

Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.

USDB quick answers

5
What is USDB Blast (USDB)?

USDB is Blast L2's native yield-bearing dollar, bridged USDC/USDT routed through MakerDAO DSR with auto-rebasing yield to Blast holders. The static profile records its US Dollar peg mechanism as: Automatic rebasing with yield from underlying centralized stablecoin strategies.

Is USDB safe?

As of Oct 24, 2026, Pharos grades USDB D (42/100) on its Safety Score. Pharos's reviews record that admin controls such as a pause or an upgradeable contract exist, though no power to freeze a specific holder was found, and any holder can use its reviewed redemption route. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.

What backs USDB?

Pharos records USDB's reserves as of Jul 14, 2026 as 100% MakerDAO DSR / DAI yield manager. Reserve evidence: live reserve feed configured. Pharos classifies the backing as Crypto-Collateralized.

Can USDB be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments.

How do you redeem USDB?

Under the route Pharos reviewed on May 13, 2026, any holder can redeem USDB for DAI. Settlement takes multiple days. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.