pathUSD (PATHUSD)

pathUSD is a claim pegged to USD. It is a representation of a currency, not a cryptocurrency, so it is listed here rather than counted among assets.

TypeStablecoin
ClassFiat-pegged Stablecoin
BackingIOU
Pegged toUSD
CustodyCustodial — an issuer holds the backing
Market capitalisation$37M
Price$0.9974
Circulating supply36,716,795 PATHUSD
Issued on1 chain

Figures as of 25 September 2026, from the six-hourly snapshot.

Where it lives

It is issued on one chain. Linked names are chains that are themselves cryptocurrencies with a page here.

Tempo

Why it is not in the asset count

CoinSpectrum counts an asset once. Its value is another asset, and that asset is already in the ranking. Counting both counts the same thing twice, which is how other rankings arrive at totals in the thousands. The methodology states the rule, and the argument for it is set out in full.

Listed, not hidden. The point is that it is measured as what it is.