{
  "url": "https://blockindex.ai/coin/usdb",
  "name": "USDB",
  "links": {
    "github": null,
    "website": "https://docs.blast.io/about-blast",
    "whitepaper": null
  },
  "dScore": 29,
  "market": {
    "priceUsd": 0.9974608396002084,
    "marketCapUsd": 13408705.666092597,
    "volume24hUsd": 54857.86973216,
    "priceChange7dPct": 0.13973397,
    "priceChange24hPct": 0.35262178
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 13442839.19102722,
    "circulatingPct": null
  },
  "ticker": "USDB",
  "founder": "Robby Greenfield, Evan Cheng",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:14.812112+00:00",
  "fairLaunch": false,
  "launchYear": 2019,
  "description": "USDB represents a novel approach to stablecoins within the rapidly evolving cryptocurrency landscape. Unlike traditional stablecoins pegged directly to fiat currencies, USDB is anchored by Bitcoin and employs a proof-of-burn mechanism to offer stability around the value of 1 USD. This innovative design leverages Bitcoin's scarcity through the proof-of-burn method, where part of the Bitcoin backing is permanently removed during new USDB issuance, facilitating its stablecoin attributes. It also strategically embraces arbitrage opportunities to maintain value stability within the volatile crypto environment. Furthermore, USDB is integrated into various DeFi platforms, promoting its utility across lending, borrowing, and other financial activities, thereby embedding itself within the expanding DeFi ecosystem.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "Smart Contract",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 13,
    "governance": 16,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}