# Palm USD

> Track Palm USD with daily standardized on-chain data. Compare Palm USD with other stablecoin issuers. See charts and datasets in one place. Updated daily.

Source: [Palm USD on Token Terminal](https://tokenterminal.com/explorer/projects/palmusd). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Stablecoin issuers
- Chains: ethereum

## About

### What it is

Palm USD (PUSD) is a USD-pegged stablecoin backed by reserves in Saudi Riyal (SAR) and UAE Dirham (AED), both currencies hard-pegged to the USD. The project positions itself as Shariah-compliant payment and settlement infrastructure for enterprises, financial institutions, and sovereign entities involved in cross-border treasury operations.

### Who uses it

Palm USD is a Shariah-compliant institutional-grade digital dollar issuer, marketed to enterprises, financial institutions, and sovereign entities in the GCC and broader cross-border treasury market.

### How it works

Palm USD mints PUSD against reserves held in Saudi Riyal (SAR) and UAE Dirham (AED) — both hard-pegged to the U.S. dollar — and earns treasury yield on the underlying reserves.

## Metrics

Token Terminal tracks these metrics for Palm USD daily. Each page has a chart with the full history.

- [Outstanding supply](https://tokenterminal.com/explorer/projects/palmusd/metrics/outstanding-supply)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/palmusd/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/palmusd/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/palmusd/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/palmusd/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/palmusd/metrics/gas-used)

## Links

- [website](https://www.palmusd.com/)
- [twitter](https://twitter.com/palmusd)