There’s a crypto coin called Payment Swap Utility Board (PSUB) - and if you’ve heard of it, you’re probably one of the few. Unlike Bitcoin or Ethereum, PSUB doesn’t show up in mainstream news, Reddit threads, or Twitter trends. It doesn’t have a big team, a public roadmap, or even a clear explanation of how it works. But it’s listed on exchanges. People are buying it. So what exactly is PSUB, and is it anything more than a quiet footnote in the crypto world?
PSUB is a utility token with a fixed supply
PSUB isn’t a blockchain. It’s a token - likely built on top of an existing chain like Ethereum or BNB Chain. Its total supply is locked at 2.8 billion tokens. That means no more will ever be created. This fixed supply is common among utility tokens, meant to create scarcity. But unlike Bitcoin’s deflationary model, PSUB’s value isn’t tied to mining or network security. Instead, its creators claim it’s designed to act as a payment token that stays stable through collateral.
According to Lbank’s documentation from late 2023, PSUB is meant to "deposit value to ensure safety" and operate at a fixed price using collateral. But here’s the problem: no one explains what that collateral is. Is it fiat? Other crypto? Real assets? There’s no whitepaper, no technical docs, no GitHub repo. Just a vague statement. That’s not how stablecoins like USDT or USDC work - they’re backed by audited reserves. PSUB’s collateral system remains a black box.
Price and trading volume tell a quiet story
As of October 2023, PSUB trades at around $0.052 per token. That’s not high, but it’s not dirt cheap either. What’s more telling is the trading volume: just $7,543.56 in 24 hours. For context, Bitcoin moves over $15 billion daily. Even small altcoins like Solana or Cardano trade hundreds of millions. PSUB’s volume is less than 0.000015% of USDT’s daily activity.
CoinGecko lists an all-time high of BTC 0.053844 and an all-time low of BTC 0.091490. That doesn’t make sense - the low is higher than the high. This suggests the data is either corrupted or misreported. Either way, it’s a red flag. Reliable price tracking requires clean data. If the platform can’t get basic numbers right, what else is wrong?
The fully diluted valuation (FDV) is listed at BTC 0.4841. That’s a theoretical number - it assumes all 2.8 billion tokens are already in circulation. But if only a fraction are out there, the real market cap is much smaller. And since no one knows how tokens are being released, the FDV is just a guess.
Where can you buy PSUB?
According to Binance’s Web3 Wallet guide from October 2023, you can buy PSUB through their decentralized platform. That means you need a crypto wallet - MetaMask, Trust Wallet, or something similar - and some BNB or ETH to swap for PSUB. There’s no direct fiat on-ramp. No credit card option. No app. You’re already deep into crypto territory before you even start.
There’s no step-by-step guide for beginners. No video tutorials. No customer support page. If you’re not comfortable with wallet addresses, gas fees, and decentralized exchanges, you’re not ready for PSUB. And if you are, you’ll quickly realize there’s no community to help you. No Discord. No Telegram. No Reddit. No Twitter account with more than a few hundred followers.
Who’s using PSUB? No one, really
There are no merchant case studies. No businesses accepting PSUB for goods or services. No payment gateways integrating it. No developers building apps on top of it. The token’s entire purpose - to be a utility payment token - exists only on paper.
Compare that to XRP, which banks use for cross-border settlements. Or Stellar (XLM), which powers remittance platforms in Africa and Latin America. Even lesser-known tokens like Polygon’s MATIC have real dApps and daily active users. PSUB has none of that. Its only use case is speculation - buying low, hoping someone else will buy higher.
And even that’s shaky. With a 24-hour volume under $8,000, selling your PSUB tokens could be hard. If you want to cash out, you might have to accept a much lower price. Liquidity is the lifeblood of any asset. PSUB is barely breathing.
No expert opinions. No team. No roadmap.
Who created PSUB? No one says. No LinkedIn profiles. No team photos. No press releases. No interviews. That’s not normal. Even the most obscure crypto projects usually have at least a pseudonymous founder or a small team with a history in tech or finance.
SwapSpace published a speculative price prediction for PSUB through 2030 - but didn’t share the numbers. Bitget warned investors to "monitor the market and be aware of risks" - which is standard boilerplate for any crypto coin. No one with real credibility has analyzed PSUB’s tech, tokenomics, or long-term viability. Not a single analyst from CoinDesk, Cointelegraph, or Messari has written about it.
There’s no roadmap. No planned upgrades. No governance votes. No treasury. No development activity on GitHub. If this project ever had a team, they’ve gone quiet. And in crypto, silence usually means the project is dead - or was never alive to begin with.
Why does PSUB even exist?
It’s possible PSUB was created as a test token - something to see if a small group could generate interest. Maybe it was a vanity project. Or a pump-and-dump scheme disguised as a payment solution. The lack of transparency, the confusing price data, the absence of community - all point to one thing: this isn’t a serious project.
It’s also possible PSUB is meant for a very specific, private use case - like an internal payment system for a company that never went public. But if that were true, why list it on a public exchange? Why allow anyone to buy it? That doesn’t add up.
What’s clear is that PSUB doesn’t compete with anything. It doesn’t offer faster transactions. Lower fees. Better security. It doesn’t integrate with any existing financial system. It doesn’t solve a problem that XRP, Stellar, or even USDC haven’t already addressed better.
Should you invest in PSUB?
If you’re looking for a long-term investment, PSUB isn’t it. There’s no evidence it will grow. No adoption. No team. No utility. Just a token with a fixed supply and a price that moves on tiny trades.
If you’re looking for a gamble - a small bet on something no one else cares about - then maybe you’ll buy a few tokens. But treat it like a lottery ticket. Not an investment. Put in money you’re okay losing. Don’t go all in. Don’t borrow. Don’t use savings.
And if you’re just curious? Go ahead and check the price on CoinGecko. But don’t expect to find answers. You’ll find a number. A chart. And silence.
PSUB in the bigger picture
The crypto payment space is crowded. Billions move daily through stablecoins, rails like Ripple, and decentralized networks. PSUB doesn’t add anything new. It doesn’t improve on existing tech. It doesn’t even explain why it should exist.
It’s a ghost in the machine - a token with a name, a supply, and a price, but no purpose, no people, and no future. In a market full of noise, PSUB is the quietest sound of all.
Luke Steven
PSUB is the crypto equivalent of a whisper in a hurricane. No team, no docs, no community - just a ticker and a price that looks like it was typed in by someone who fell asleep at the keyboard. It’s not a scam, exactly. It’s just… absent. Like a ghost town with a sign that says ‘Welcome to PSUB, population: nobody.’
Sophia Wade
The silence surrounding PSUB is more telling than any whitepaper. In a world where even the most absurd tokens have 17 YouTube explainers and a Discord server with 50,000 members, PSUB’s quietude feels almost poetic. It doesn’t promise innovation - it merely exists. And in crypto, existence without purpose is the most dangerous form of nihilism.
Charles Freitas
LMAO so PSUB’s all-time low is higher than its all-time high? Did the devs accidentally flip the chart upside down while drunk? Or is this just another ‘we didn’t audit the data because we’re too busy counting our BNB’ situation? Classic. 🤡
Grace Simmons
The notion that a token with zero real-world utility, no transparent backing, and no measurable adoption could be considered anything other than speculative noise is frankly embarrassing. This is not finance. This is digital folklore. And folklore doesn’t pay bills.
Aaron Heaps
Volume under $8k? FDV based on phantom supply? Price data so broken it’s a meme? This isn’t crypto. It’s a tax write-off for someone’s burner wallet. Buy it if you want to fund a mystery. Don’t call it an investment.
Tristan Bertles
Look, I get it - you’re curious. Maybe you saw PSUB on your wallet and thought, ‘Hmm, cheap, maybe it’ll pop.’ But here’s the truth: if no one’s talking about it, no one’s using it, and no one’s building on it… it’s not a coin. It’s a placeholder. And placeholders don’t appreciate. They evaporate.
Helen Pieracacos
So PSUB’s ‘collateral’ is a secret? Cool. So is my ex’s new relationship. But I don’t go around selling IOUs based on it. 🙃
Dustin Bright
Low volume = low chance of selling. Low team = low chance of fixing. Low docs = low chance of understanding. Low everything. Just don’t.
chris yusunas
Man, this PSUB thing feels like one of those old Nigerian email scams but with blockchain jargon. No team, no roadmap, just a number on a chart. I respect the art of the ghost project. But please don’t let me buy it.
Mmathapelo Ndlovu
I feel bad for whoever bought this thinking it was going to be the next XRP. No one’s talking about it because there’s nothing to talk about. It’s like buying a car with no engine and calling it ‘future mobility.’ 💔
Tyler Porter
Okay, so… no team? No docs? No use? Then why? Why? Why? Just… why? You’re not investing. You’re just… hoping. And hoping isn’t a strategy.
Rishav Ranjan
Not worth the gas fee to buy it.
Steve B
The absence of transparency in PSUB is not an oversight - it is the design. This is not a failure of governance; it is a triumph of opacity. The token is not meant to be understood - only possessed. And in that, it achieves a kind of existential purity.
Rebecca F
Anyone who buys PSUB deserves to lose it. This isn’t a crypto project - it’s a personality test. And you failed.
Ashley Lewis
The FDV calculation alone should disqualify this from any serious consideration. The data inconsistencies suggest either incompetence or malice. Neither is acceptable in a financial instrument, regardless of its blockchain pedigree.
Shubham Singh
PSUB is the crypto equivalent of a PowerPoint slide titled ‘Vision 2030’ with no speaker. The slide looks nice. The projector is on. But no one’s there to explain it. And the audience left an hour ago.
Amit Kumar
Bro, PSUB is not a coin. It’s a vibe. A vibe that says ‘I don’t care if you lose money, just make sure you’re the one who bought it first.’ I’ve seen worse - but not by much. Stay away unless you want to fund someone’s vacation in Bali.
Naman Modi
Wait, so the low is higher than the high? That’s not a glitch - that’s a metaphor. PSUB’s value is in the journey, not the destination. 🤓
Craig Fraser
It’s not even a pump-and-dump. It’s a slow leak. Like a balloon with a pinprick - no explosion, just gradual deflation. And yet, somehow, people still keep buying it. Why? Because hope is cheaper than research.
Jacob Lawrenson
PSUB? Bro, I don’t even know what that is… but I just bought 10,000 because my cousin said it’s gonna moon! 🚀💸 #PSUBtotheMoon #CryptoGang
Zavier McGuire
Why are we even talking about this? It’s garbage. End of story.
Cathy Bounchareune
There’s something haunting about PSUB. It’s not loud. It’s not flashy. It doesn’t promise revolution. It just… sits there. A quiet ghost in the machine. And maybe that’s the real story - not whether it’s a scam, but why we keep looking for meaning in things that refuse to speak.