To provide transparency into the USDh protocol’s backing assets, we are sharing our July 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 7:00 UTC July 31, 2026, USDh supply was $1,994,097.68 per the sources below.
1,994,097.68 USDh on Stacks per the Stacks explorer link:
No funds were held within solutions offered by Copper and Ceffu as of 7:00 UTC July 31, 2026, including unrealized P&L.
At 7:00 UTC July 31, 2026, there was $8,037.52 in the Redeeming Reserve on Stacks, $1,996,626.39 in the Ethereum Settlement Wallet, $0.00 in the Mint Wallet, and $110,600.24 in the Reserve Fund.
Redeeming Reserve Stacks: SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.redeeming-reserve-v1–2
Ethereum Settlement Wallet: 0xdDf6954BA51958DB59f32369309212aa0735a60e
Mint Wallet: 0x6aA30bB7C64F43a3316d5E522ce01096557E5891
Reserve Fund: 0xB7Fc1162B65a4a01F0924dDa980D52B629fEa9a6
The 22,199.10 STRCx in the Ethereum Settlement Wallet are worth $1,988,373.39 at $89.57 per share per the Ethereum explorer link: https://etherscan.io/address/0x5f7eCD0D045c393da6cb6c933c671AC305A871BF#readContract
In summary, as of the snapshot time:
USDh supply: $1,994,097.68
Copper custodied assets: $0.00
Ceffu custodied assets: $0.00
Redeeming Reserve Stacks: $8,037.52
Ethereum Settlement Wallet: $1,996,626.39
Minting Wallet: $0.00
Total backing assets: $2,004,663.91
Reserve Fund: $110,600.24
• USDC: $100,148.12
• USDh: $10,452.12Total % of USDh: 105.00%
