United Stables
U#52U is a US dollar stablecoin issued by a British Virgin Islands company, backed mainly by other stablecoins and yield products.
- Market cap
- $1.56B
- Volume 24h
- $237.57M
- All-time high
- —
- Circulating supply
- 1.56B
Does not clear all 8 Shariah criteria. Needs caution: interest (riba), nature of the asset, excessive uncertainty (gharar), and usage. Fails: business model.
- 3 pass
- 4 caution
- 1 fail
Verdict history
- DoubtfulCurrent
First publication
Fundamentals, market picture and news will appear here.
AI Insight
Fundamentals: Weak
U grew past 1.4 billion tokens within a year, but it is an unlicensed stablecoin whose reserves sat about 65% at Binance in July 2026, against its own 25% limit, with only limited-assurance reports.
Reviewed every 3 months and on major eventsNews: Quiet
No material news in the last six weeks.
Reviewed monthly and when something material happensPrice & market
U trades inside its current zone of $0.997–1, right at its dollar peg, with almost no price movement over the past month. As a stablecoin it is built to hold $1, so the computed upside to $1.03 (+3.1%) and downside to $0.971 (−2.8%), a ratio of 1.1, describe possible deviations from the peg rather than growth. Fast growth in circulation supports use, but most reserves sit at a single exchange, the issuer is unlicensed and reports are only limited-assurance reviews. The near-term picture calls for caution over the next 2–12 weeks, because the main risk is a loss of the peg.
Doubtful verdict: check the halal analysis before any decision.
- Review level
- $0.971
AI-assisted analysis. Not investment advice.
Technical analysis
4HSection in preparation
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category
