Palm USD
PUSD #285Project Safety Score: 100%
Updated 1 day, 9 hours agoPalm USD is a stablecoin project designed to provide a digital dollar infrastructure. It is fully backed by reserves in Saudi Riyal (SAR) and UAE Dirham (AED), which are currencies pegged to the US dollar.
The project primarily targets enterprises, financial institutions, and sovereign entities, positioning itself as a Shariah-compliant digital asset. Its intended use cases include global commerce, cross-border settlement, and treasury management, emphasizing security and compliance standards.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Peg stability score 68 out of 100. The asset maintains a strong peg, currently priced at $0.9997, showing minimal fluctuation. This consistency is essential for a stablecoin, especially given its market capitalization of around $101 million, placing it in a solid market cap tier. Overall, the project demonstrates a reliable peg strategy that supports its intended function as a stable digital currency.
With a coverage score of 1.0, the project has substantial informational availability. It possesses a medium confidence level, indicating a balanced understanding of the project's operational framework and stability.
The asset's presence on social platforms is verified, with channels available on Telegram and Twitter. However, follower data for these accounts is limited, restricting a full assessment of community engagement and interest.
Investing in stablecoins like Palm USD still carries inherent risks, including market volatility, regulatory challenges, and potential shifts in demand. It is important for investors to remain vigilant about these factors while evaluating the project's overall safety and viability.
- ✓Shariah-compliant stablecoin
- ✓Fully backed by SAR and AED reserves
- ✓Targets institutional clients
- ✓High security and compliance standards
Price Chart
Contract Security
0xfaf0cee6b20e2aaa4b80748a6af4cd89609a3d78On-Chain Facts
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0x1760bfb0f8461fcf4…48.41% -
0x4b3974aaabdc251b3…48.00% -
0xa1b2a2dfe6300d3f2…3.56% -
0x9935736b9966b8788…0.01% -
0x6ddcc76c76b7e7dfc…0.00% -
0xea1c5f077eb21d743…0.00% -
0xc9ae1d23bc8785441…0.00% -
0x825c836cc1918fd43…0.00% -
0x7d299fe4bc1ba504d…0.00% -
0x9e40613aaee49dc2d…0.00%
Market Stats
Recent News
Palm USD Price, PUSD Price, Live Charts, and Marketcap - Coinbase Argentina