To provide transparency into the USDh protocol’s backing assets, we are sharing our June 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 17:00 UTC June 30, 2026, USDh supply was $2,465,576.78 per the sources below.
2,465,576.78 USDh on Stacks per the Stacks explorer link:
$57,141.30 has been verified to be held within solutions offered by Copper as of 17:00 UTC June 30, 2026, including unrealized P&L.
At 17:00 UTC June 30, 2026, there was $101,765.77 in the Redeeming Reserve on Stacks, $2,303,829.94 in the Ethereum Settlement Wallet, $0.00 in the Mint Wallet, and $114,244.22 in the Reserve Fund.
Redeeming Reserve Stacks: SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.redeeming-reserve-v1–2
Ethereum Settlement Wallet: 0xdDf6954BA51958DB59f32369309212aa0735a60e
Mint Wallet: 0x6aA30bB7C64F43a3316d5E522ce01096557E5891
Reserve Fund: 0xB7Fc1162B65a4a01F0924dDa980D52B629fEa9a6
The 24,137 STRCx in the Ethereum Settlement Wallet are worth $2,010,088.25 at $83.28 per share with a 1.0578440 multiplier per the Ethereum explorer link: https://etherscan.io/address/0x5f7eCD0D045c393da6cb6c933c671AC305A871BF#readContract
In summary, as of the snapshot time:
USDh supply: $2,465,576.78
Copper custodied assets: $57,141.30
Ceffu custodied assets: $0.00
Redeeming Reserve Stacks: $101,765.77
Ethereum Settlement Wallet: $2,303,829.94
Minting Wallet: $0.00
Total backing assets: $2,576,981.22
Reserve Fund: $114,244.22
• USDC: $100,148.12
• USDh: $14,096.10Total % of USDh: 103.92%
Copper Attestation
