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Pharos

Bridge USDB (USDB) delisted stablecoin record

No longer listed by Pharos

Out of scope: Bridge documents USDB as a closed-loop stablecoin that is not traded on the public market or transferable to third parties, usable only within Bridge wallets and payment rails.

Effective 2026-10-25; Bridge issuance options

Answer first

What is Bridge USDB (USDB)?

USDB is Bridge's closed-loop dollar stablecoin, kept alongside Open USD, backed 1:1 by cash and BlackRock MMFs under an OCC trust charter. The static profile records its US Dollar peg mechanism as: Bridge-issued reserve stablecoin: USDB is always backed 1:1 by cash and short-duration BlackRock money market funds, with Bridge APIs supporting fiat and stablecoin conversions including free USDB/USDC conversion.

Is USDB safe?

Bridge USDB is not in Pharos's active universe. Out of scope: Bridge documents USDB as a closed-loop stablecoin that is not traded on the public market or transferable to third parties, usable only within Bridge wallets and payment rails.

Profile

USDB profile facts

Bridge USDB (USDB) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.

Other coins using the USDB ticker

  • USDB Blast (USDB) · Frozen · US Dollar. USDB is Blast L2's native yield-bearing dollar.

AI summary / Updated Oct 25, 2026

Bridge's USDB was Stripe's first stablecoin rail: launched in May 2025, it powered Stripe's Stablecoin Financial Accounts in 101 countries, backed 1:1 by cash and BlackRock money-market funds. Its role narrowed on September 30, 2026, when Bridge launched Open USD as its open-loop token and Stripe began listing only OUSD and USDC for stablecoin balances. Bridge's documentation now keeps USDB in its API for closed-loop use and names no sunset date.

AI summary · drafted by claude-opus-5-5 · facts as of Oct 25, 2026

Collateral
1:1 USD reserves held in cash and BlackRock money market funds; managed by Bridge (Stripe subsidiary) under conditional OCC national trust bank charter
Peg mechanism
Bridge-issued reserve stablecoin: USDB is always backed 1:1 by cash and short-duration BlackRock money market funds, with Bridge APIs supporting fiat and stablecoin conversions including free USDB/USDC conversion
Jurisdiction
United States / OCC (conditional national trust bank charter)
Proof of reserves
No proof-of-reserves entry in the static profile.
Contracts
1 deployment tracked across Tempo.

Next actions

This record preserves static and historical context; live actions are available only for active assets.

Source: Pharos registry profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated Oct 25, 2026.

USDB quick answers

What is Bridge USDB (USDB)?

USDB is Bridge's closed-loop dollar stablecoin, kept alongside Open USD, backed 1:1 by cash and BlackRock MMFs under an OCC trust charter. The static profile records its US Dollar peg mechanism as: Bridge-issued reserve stablecoin: USDB is always backed 1:1 by cash and short-duration BlackRock money market funds, with Bridge APIs supporting fiat and stablecoin conversions including free USDB/USDC conversion.

Is USDB safe?

Bridge USDB is not in Pharos's active universe. Out of scope: Bridge documents USDB as a closed-loop stablecoin that is not traded on the public market or transferable to third parties, usable only within Bridge wallets and payment rails.

What backs USDB?

USDB's collateral, per its Pharos profile: 1:1 USD reserves held in cash and BlackRock money market funds; managed by Bridge (Stripe subsidiary) under conditional OCC national trust bank charter Reserve evidence: no linked reserve proof in the static profile. Pharos classifies the backing as Real-World Asset Backed.

Can USDB be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. USDB is outside active monitoring; this static record preserves the reviewed control context.