pathUSD

PATHUSD Price

About pathUSD (pathUSD)

pathUSD is a US Dollar-denominated stablecoin that serves as the primary quote asset and fallback gas token for the Tempo blockchain.

• Serves as the root quote token for the Tempo network's enshrined decentralized exchange (DEX).
• Functions as a fallback gas token on the Tempo Layer 1 blockchain when no other fee asset is specified.
• Maintained as a neutral infrastructure asset to ensure interoperability between various stablecoin issuers.

What Is pathUSD

pathUSD is the core liquidity infrastructure for the Tempo ecosystem, a purpose-built Layer 1 blockchain—a standalone network that handles its own security and transactions—designed for payments at scale. It was the first stablecoin deployed on the network and acts as the "root" in a tree-structured liquidity graph. This architecture ensures that every US Dollar-denominated stablecoin on the network has a single, deterministic path to any other token, which minimizes liquidity fragmentation and simplifies routing.

The token is primarily "put to work" as a routing mechanism within Tempo's native DEX. By pairing other stablecoins against pathUSD, the protocol enables atomic, multi-hop swaps in a single transaction. As the Tempo ecosystem grows and more stablecoin issuers join the network, pathUSD's role as the central routing hub scales to support increased transaction volume and cross-issuer settlement.

What Makes pathUSD Unique

• Root Quote Token: Unlike traditional blockchains where liquidity is often fragmented across multiple pairs, pathUSD serves as the central hub for a tree-structured quote system.
• Stablecoin-Native Gas: pathUSD is integrated into the protocol level as a fallback gas token, allowing users to pay for network transactions directly in a stable asset rather than a volatile native coin.
• Issuer Neutrality: It is designed not to compete with consumer-facing stablecoins but to provide a neutral base that any issuer can pair against without granting a privileged position to any single entity.

What Can You Use pathUSD for?

pathUSD is pegged to the US Dollar.

1. Value retention: Users can hold pathUSD as a digital representation of the US Dollar on the Tempo network, which is backed 1:1 by high-quality USD-denominated reserves to reduce exposure to crypto-market volatility.
2. Yield generation: The source does not specify native yield or sovereign debt-related yield options for pathUSD holders.
3. Cross-border settlement / value transfer: It facilitates international remittances and global trade by serving as the underlying routing asset for cross-stablecoin payments on the Tempo network.
4. Collateralization: The source does not specify pathUSD's use as collateral for borrowing or lending protocols.

How Does pathUSD Work?

pathUSD is a pre-deployed TIP-20 token that exists at the protocol's genesis. It operates within Tempo's enshrined DEX, which uses an on-chain orderbook to manage liquidity. When a user sends a payment in one stablecoin to a recipient who prefers another, the network atomically routes the value through pathUSD.

As the native gas token of the Tempo network, pathUSD is accepted by validators to cover protocol service fees. This eliminates the need for users to hold a separate, volatile network token to execute transactions, simplifying the accounting and user experience for payment-focused applications.

Team Info and Investors

Tempo, the network powering pathUSD, was incubated by Paradigm and Stripe. The protocol has been developed in partnership with a broad group of financial institutions and technology companies, including Visa, Mastercard, Deutsche Bank, and OpenAI. pathUSD itself is issued by Bridge and is backed by reserves managed according to their transparency and allocation practices. It can be minted by depositing USDC and redeemed through the Bridge platform.

Where can you buy pathUSD?

PATHUSD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade pathUSD is Tempo Stablecoin DEX, where the most active trading pair PATHUSD/USDC.E has a trading volume of $3,670.99 in the last 24 hours.

What is the daily trading volume of pathUSD (PATHUSD)?

The trading volume of pathUSD (PATHUSD) is $4,482.92 in the last 24 hours, representing a -39.40% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for pathUSD (PATHUSD)?

pathUSD (PATHUSD) reached an all-time high of $1.07 and an all-time low of $0.8244. It’s now trading -6.30% below that peak and 21.90% above its lowest price.

What is the market cap of pathUSD (PATHUSD)?

Market capitalization of pathUSD (PATHUSD) is $36,516,078 and is ranked #622 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of PATHUSD tokens (37 Million tokens are tradable on the market today).

What is the fully diluted valuation of pathUSD (PATHUSD)?

The fully diluted valuation (FDV) of pathUSD (PATHUSD) is $0.00. This is a statistical representation of the maximum market cap, assuming total number of 37 Million ETH tokens are in circulation today.

How does the price performance of pathUSD compare against its peers?

With a price increase of 0.30% in the last 7 days, pathUSD (PATHUSD) is underperforming the global cryptocurrency market which is up 4.00%, while underperforming when compared to similar Stablecoins cryptocurrencies which are up 0.80%.