U, issued by United Stables Limited, is a USD-pegged stablecoin that maintains a value approximately equivalent to one U.S. dollar (USD) and serves as a liquidity, payments, and settlement layer across supported public blockchain networks. [S1] [S2]

U references the U.S. dollar (USD) at a target value of approximately USD 1.00, though United Stables does not guarantee the market value will ever equal USD 1.00. [S1] [S2] Each token is backed 1:1 by reserves consisting of cash, U.S. Treasury bills, and fiat-referenced stablecoins including USDT and USDC. [S1] [S3] The token bears no yield and promises no interest or returns to holders. [S1] Holding and transferring tokens incur no issuer fees, though blockchain network fees apply. [S1]

United Stables Limited is incorporated in the British Virgin Islands (BVI), registration #2193253, governed by BVI law with exclusive jurisdiction in BVI courts. [S1] [S2] It discloses no regulatory license under MiCA, the Hong Kong Stablecoins Ordinance, the U.S. GENIUS Act of 2025, or any securities or stablecoin regime. [S1] [S4] Tokens are not deposits, securities, commodities, or derivatives, confer no security interest or proprietary claim on reserves, and are not held in trust. [S1] Direct minting and redemption are reserved for approved Mint Users completing AML, beneficial-ownership, and whitelisted-wallet verification; Holding Users cannot redeem directly. [S1] [S5]

U is natively deployed on chains including BNB Chain and Ethereum, with the issuer determining supported blockchains at its discretion. [S5] [S4] [S2] Approved Mint Users transfer Eligible Assets such as USD, USDT, or USDC from whitelisted wallets and receive an equivalent amount of U; redemption reverses the process for Eligible Assets of equivalent notional value. [S1] Supply has no fixed maximum and adjusts with reserves. [S3]

<Sources
  retrievedAt="2026-06-23"
  items={[
    { id: "S1", url: "https://u.tech/terms/" },
    { id: "S2", url: "https://u.tech/#about-us" },
    { id: "S3", url: "https://u.tech/terms/" },
    { id: "S4", url: "https://u.tech/whats-on/" },
    { id: "S5", url: "https://u.tech/" },
  ]}
/>


# Asset Price methodology

## 1. Overview

Asset price represents the closing USD value of a tokenized asset at the end of each day. Daily prices are recorded to facilitate the valuation of on-chain activity and the calculation of market capitalization. Each price point reflects the market value at the conclusion of the UTC day.

## 2. Data sources

- **Asset metadata**: Token contract addresses, ticker identifiers, and on-chain launch timestamps
- **External data**: End-of-day price feeds and exchange rate feeds from market data providers
- **Blockchain data**: Data covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others) and non-EVM chains such as Solana, Aptos, and Near

## 3. Step-by-step calculation

### Component A: Market data retrieval

- **Purpose**: Collect raw daily price information
- **Logic**: Daily price data is retrieved from external market data providers. For assets pegged to specific currencies, prices are calculated using a multiplier and daily exchange rates. For assets traded on traditional exchanges where data is unavailable on certain days, such as weekends or holidays, missing values are filled with the last available closing price.

### Component B: Timestamp normalization

- **Purpose**: Align price data with daily reporting periods
- **Logic**: Timestamps are truncated to the daily grain. To accurately reflect the closing value, prices recorded at the start of a day (00:00:00 UTC) are assigned to the preceding calendar day.

### Component C: Asset mapping and deduplication

- **Purpose**: Associate prices with unique assets and resolve data overlaps
- **Logic**: Prices are mapped to assets using unique identifiers for EVM-compatible and non-EVM chains. To ensure data integrity, price records are filtered to include only those occurring on or after the asset's on-chain launch date. In instances where price data for a single asset is available from multiple sources, the data is deduplicated by selecting the record with the highest priority to ensure a single, consistent closing price.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Asset price

Stablecoins

United Stables mints $U against fiat USD and high-quality stablecoin deposits held in segregated, auditable custody, deploying the token on Ethereum, BNB Smart Chain, and Tron.

United Stables (u.tech) issues $U, a USD-pegged stablecoin backed 1:1 by fiat USD and high-quality stablecoins in segregated custody. $U is built as a multi-chain liquidity layer for trading, payments, DeFi, and AI-agent settlement.

United Stables is the issuer behind the $U stablecoin, focused on a stablecoin liquidity layer for trading, payments, DeFi, and AI-agent settlement.

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Stablecoin issuers

United Stables

United Stables (U) is a U.S. dollar stablecoin issued by United Stables through United Stables Limited.

Each token is redeemable one-for-one for U.S. dollars and is a direct claim on the issuer.

Reserves are held in bank deposits, crypto assets, and other assets, in accounts segregated from the issuer's own funds.

Institutions can mint and redeem directly with United Stables in USD, USDC, and USDT after completing KYC, and holders have a contractual right to redeem at par.

United Stables Limited is incorporated in the British Virgin Islands.

Holder terms are governed by the law of the British Virgin Islands.

U has been issued on public blockchains since December 2025 and is native to BNB Chain, Ethereum, Tron, and Robinhood Chain.

United StablesU