Is USDS a scam?

Asked about USDS (USDS), market cap rank #13.

Short answer

USDS (USDS) is rated BB on isthiscoinascam.com. This is a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-05-19

Red flags raised

  • Team is anonymous
  • No hard cap on total token supply
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Top 10 wallets hold more than 70% of supply
  • Upgradable proxy

Positive signals

  • Over-collateralized stablecoin
  • Integration with multiple blockchains
  • Built-in savings mechanism via Sky Savings Rate (SSR)
  • Supports decentralized finance activities
  • Inherits security features from MakerDAO

Security audits

1 audit on record.

  • Cyberscope (2025-12-01) — pass

Team transparency

The USDS team is anonymous — public identities are not on record.

See the full report

Live price, contract security details, holder distribution, audit list, founder background and community ratings.

Open the full USDS report →

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