Virtue USD (VUSD) quarantined stablecoin record
Live tracking temporarily paused
Native VUSD is an IOTA Move coin no configured supply-probe family can read, and reviewed aggregates refuse a partial roster; the IOTA EVM leg is not a defensible circulating figure. CoinGecko stale since 2026-08-15; re-source a native-IOTA supply reader.
Effective 2026-09-24; review due 2026-10-24; CoinGecko page for Virtue USD (last updated 2026-08-15)
Answer First
What is Virtue USD (VUSD)?
VUSD is Virtue Money's CDP dollar on IOTA, minted by borrowing against overcollateralized IOTA and stIOTA positions with liquidation defending the peg. The static profile records its US Dollar peg mechanism as: CDP-style mint: users borrow VUSD against IOTA or stIOTA collateral and repay debt to unlock collateral, with liquidation and redemption mechanics supporting the U.S. dollar peg
Is VUSD safe?
Virtue USD is not in Pharos's active universe. Native VUSD is an IOTA Move coin no configured supply-probe family can read, and reviewed aggregates refuse a partial roster; the IOTA EVM leg is not a defensible circulating figure. CoinGecko stale since 2026-08-15; re-source a native-IOTA supply reader.
Static Profile
Static stablecoin profile
Virtue USD (VUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 7, 2026
Virtue USD is a CDP dollar on IOTA Rebased, minted by borrowing against overcollateralized IOTA-family positions with liquidation as peg defense, and a canonical wrapped copy on IOTA EVM through the network's native bridge. Pharos now reads the vaults directly: at the July 2026 capture, stIOTA made up roughly 97% of collateral, with small IOTA, vIOTA, and iBTC slices, so peg defense rests almost entirely on one liquid-staking derivative of a volatile Layer-1 and on single Pyth price feeds with no fallback. The...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Overcollateralized IOTA, stIOTA, vIOTA, and iBTC positions backing VUSD debt inside the Virtue Money protocol
- Peg Mechanism
- CDP-style mint: users borrow VUSD against IOTA or stIOTA collateral and repay debt to unlock collateral, with liquidation and redemption mechanics supporting the U.S. dollar peg
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Next Actions
This record preserves static and historical context; live actions are available only for active assets.
Source: checked-in StablecoinMeta profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated Sep 7, 2026.
VUSD quick answers
What is Virtue USD (VUSD)?
VUSD is Virtue Money's CDP dollar on IOTA, minted by borrowing against overcollateralized IOTA and stIOTA positions with liquidation defending the peg. The static profile records its US Dollar peg mechanism as: CDP-style mint: users borrow VUSD against IOTA or stIOTA collateral and repay debt to unlock collateral, with liquidation and redemption mechanics supporting the U.S. dollar peg
Is VUSD safe?
Virtue USD is not in Pharos's active universe. Native VUSD is an IOTA Move coin no configured supply-probe family can read, and reviewed aggregates refuse a partial roster; the IOTA EVM leg is not a defensible circulating figure. CoinGecko stale since 2026-08-15; re-source a native-IOTA supply reader.
What backs VUSD?
Pharos classifies VUSD backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized IOTA, stIOTA, vIOTA, and iBTC positions backing VUSD debt inside the Virtue Money protocol Reserve evidence: curated reserve profile.
Can VUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, no direct freeze-control signal is recorded. VUSD is outside active monitoring; this static record preserves the reviewed control context.