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View ChartPalm USD (PUSD) is a USD-pegged digital token issued to support cross-border settlement, treasury operations, and institutional payment use cases. It is an institutional-grade stablecoin providing digital dollar infrastructure. The project positions itself as Shariah-compliant payment and settlement infrastructure for enterprises, financial institutions, and sovereign entities involved in cross-border treasury operations. Palm USD is distinct from Palm Network's art and cultural industry stablecoin concept.
Palm USD (PUSD) is a specialized stablecoin that brings the efficiency of digital dollars to institutional settlement and treasury operations.
| Item | Details |
|---|---|
| Name (Ticker) | Palm USD (PUSD) |
| Alternative Names | PUSD Stablecoin |
| Consensus Mechanism | Inherited from host chains (Ethereum, Solana, BNB Chain, TRON, ADI Chain); PUSD is a token, not a standalone chain |
| Smart Contracts | Yes (Ethereum Virtual Machine - EVM compatible) |
| Category | Stablecoin, Institutional Settlement |
| Block Reward | N/A (Stablecoin) |
| Max Supply | 28,600,000,000 PUSD (some data providers list total/max supply as approximately 29B) |
| TPS | High (Leverages host chain efficiency) |
| Scaling Solution | Ethereum (native deployment); also deployed on Solana, BNB Chain, TRON, and ADI Chain |
| Blockchain | Ethereum (native deployment); also deployed on Solana, BNB Chain, TRON, and ADI Chain |
| Token Standard | ERC-20 on Ethereum; each deployment uses 6 decimals |
| Contract Address (Ethereum) | 0xfaf0...9a3d78 (partial display; verify the full address on the official website) |
| Contract Explorer | etherscan.io |
PUSD is issued by Palm Azgar Finance Company through its British Virgin Islands affiliate. The team is described as a senior team across treasury, smart-contract engineering, payments compliance, and Shariah finance, hubbed in Dubai and Riyadh.
PUSD operates as a fully-backed, regulated stablecoin. Each PUSD targets a stable value of $1.0000. It is fully backed by reserves held in USD-pegged Gulf Cooperation Council (GCC) currencies, primarily the Saudi Riyal (SAR) and the UAE Dirham (AED), through regulated Islamic financial institutions. Reserve assets consist of cash and cash-equivalent instruments, including short-duration, low-risk investments and Shariah-compliant sukuk, and are subject to monthly third-party audits. The technical process works as follows:
This model combines the transparency and programmability of blockchain with the stability and regulatory oversight of traditional finance.
Issuance is fully collateralized: each PUSD is minted only after fiat funds are received by authorized counterparties. Reserves are held separately from operating accounts and are not used for proprietary trading or lending. Reserves are subject to monthly third-party audits, and regular third-party attestations verify reserve balances and reconciliation with circulating supply.
Total supply is 28.6B PUSD. Self-reported circulating supply is 501.05M PUSD, while some data providers list circulating supply as 0; figures vary by source.
PUSD's value proposition is tied to its institutional focus and its compliance design.
PUSD supports cross-border settlement, treasury operations, institutional payments, and Shariah-compliant payment and settlement infrastructure for enterprises and financial institutions.
At the smart-contract level, PUSD is designed without administrative freeze, seizure, or blacklist functions. Once issued, tokens cannot be unilaterally frozen or revoked by the issuer. Compliance controls are applied at the participant, issuance, and redemption layers rather than through token-level restrictions.
Stablecoins can depeg from their target value. Reserve custody and regulatory treatment vary by jurisdiction. PUSD is available on several exchanges; check official project channels for supported venues and verify contract addresses on the official website before transacting. This article is for informational purposes only and does not constitute investment advice.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for PUSD are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Palm USD (PUSD) is $0.998878. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated PUSD to USD rate at the top of BTCC’s price page. In terms of market scope, Palm USD records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $500.492625M. Its current circulating supply stands at -- out of a maximum supply cap of 28.6B.
The price volatility of Palm USD (PUSD) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (28.6B), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Palm USD (PUSD) hit an all-time high (ATH) of $3.998684 on 2025-12-23 19:05, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.997419 on 2026-02-04 21:30. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading PUSD futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s PUSDUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Palm USD, simply log into your BTCC account with USDT margin available, navigate to the PUSDUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for PUSDUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.998878), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for PUSDUSDT with zero financial risk.
Trading Palm USD (PUSD) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for PUSDUSDT, and review its live price ($0.998878) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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