To provide transparency into the USDh protocol’s backing assets, we are sharing our August 2026 attestation report from all integrated custodians. The report verifies that the assets backing USDh reside off-exchange within institutional custodial solutions.
Attestation reports are released monthly to provide regular updates on the amount and location of the assets backing the protocol.
As of 14:00 UTC August 20, 2026, USDh supply was $1,999,793.84 per the sources below.
1,999,793.84 USDh on Stacks per the Stacks explorer link:

No funds were held within solutions offered by Copper and Ceffu as of 14:00 UTC August 20, 2026, including unrealized P&L.
At 14:00 UTC August 20, there was $8,036.50 in the Redeeming Reserve on Stacks, $2,002,130.54 in the Ethereum Settlement Wallet, $0.00 in the Mint Wallet, and $100,148.12 in the Reserve Fund.
Redeeming Reserve Stacks: SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.redeeming-reserve-v1–2
Ethereum Settlement Wallet: 0xdDf6954BA51958DB59f32369309212aa0735a60e
Mint Wallet: 0x6aA30bB7C64F43a3316d5E522ce01096557E5891
Reserve Fund: 0xB7Fc1162B65a4a01F0924dDa980D52B629fEa9a6
The 20,750 STRCx in the Ethereum Settlement Wallet are worth $1,984,945.00 at $95.66 per share per the Ethereum explorer link:
https://etherscan.io/address/0x5f7eCD0D045c393da6cb6c933c671AC305A871BF#readContract

In summary, as of the snapshot time:
USDh supply: $1,999,793.84
Copper custodied assets: $0.00
Ceffu custodied assets: $0.00
Redeeming Reserve Stacks: $8,036.50
Ethereum Settlement Wallet: $2,002,130.54
Minting Wallet: $0.00
Total backing assets: $2,110,315.15
Reserve Fund: $100,148.12
• USDC: $100,148.12
• USDh: $0.00Total % of USDh: 105.53%

