To provide transparency into the USDh protocol’s backing assets, we are sharing our October 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 23:59 UTC October 31, 2026, USDh supply was $1,894,175.36 per the sources below.
1,894,175.36 USDh on Stacks per the Stacks explorer link:
No funds were held within solutions offered by Ceffu as of 23:59 UTC October 31, 2026, including unrealized P&L.
$812,489.98 has been verified to be held within solutions offered by Copper as of 23:59 UTC October 31, 2026, including unrealized P&L.
$502,241.24 has been verified to be held within solutions offered by Clear Street as of 23:59 UTC October 31, 2026, consisting of 5,000 STRC shares worth $495,650.00 at $99.13 per share and $6,591.24 in USD.
At 23:59 UTC October 31, there was $35,362.33 in the Redeeming Reserve on Stacks, $545,947.39 in the Ethereum Settlement Wallet, and $100,148.12 in the Reserve Fund.
Redeeming Reserve Stacks: SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.redeeming-reserve-v1–2
Ethereum Settlement Wallet: 0x1046a6AD45B60264c83A4b93F6D2c6078C73c1d5
Reserve Fund: 0xB7Fc1162B65a4a01F0924dDa980D52B629fEa9a6
The 5,003.00 STRCx in the Ethereum Settlement Wallet are worth $495,947.39 at $99.13 per share.
In summary, as of the snapshot time:
USDh supply: $1,894,175.36
Copper custodied assets: $812,489.98
Clear Street custodied assets: $502,241.24
Ceffu custodied assets: $0.00
Redeeming Reserve Stacks: $35,362.33
Ethereum Settlement Wallet: $545,947.39
Total backing assets: $1,996,189.05
Reserve Fund: $100,148.12
• USDC: $100,148.12
• USDh: $0.00Total % of USDh: 105.39%
Copper Attestation
Clear Street Attestation
