iUSD is Cardano’s first fault-tolerant and fully collateralized native stablecoin released in November of 2022 as part of Indigo Protocol v1. iUSD is pegged to the median value of USDC, TUSD, and USDT; this design allows iUSD to maintain its peg even if one of the three stablecoins (USDC, TUSD, and USDT) depegs. The Indigo Protocol is a CDP (Collateralized Debt Position) based DeFi protocol that brings capital-efficient synthetic assets to the Cardano ecosystem.
- Macro context: IUSD is part of the tokenized money market, which represents only ~0.283% of global M2 money supply today.
Data as of Sep 6, 2026
Price performance
7D
-0.49%
14D
-2.24%
30D
-0.18%
1Y
+0.26%
All-time
-6.17%
Key facts
via /coins/{id}Market Cap Rank
#1284
Circulating Supply
9.52M
Total Supply
9.52M
All-Time High
$2.16 · 2026-07-20
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