What is Payment Swap Utility Board (PSUB) crypto coin? Facts, price, and real-world use
Jul, 7 2025
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Current Price
$0.052177
24h Volume
$7,543.56
Fully Diluted Valuation
$0.4841
When you hear about a new crypto coin called Payment Swap Utility Board (PSUB), it’s easy to wonder: Is this the next big payment token? Could it replace PayPal or even Bitcoin for everyday transactions? The short answer: not even close. PSUB is a real token, but it’s not a revolution-it’s a footnote in the crypto world.
What PSUB actually is
Payment Swap Utility Board (PSUB) is a utility token built to act as a payment system. It’s not a stablecoin like USDT or USDC, which lock their value to the dollar. Instead, PSUB claims to use a collateral mechanism to hold its value steady. According to Lbank’s documentation from late 2023, PSUB is designed to "deposit value to ensure safety" and operate at a fixed price through this system. But here’s the catch: no one has ever explained how that collateral works. There are no whitepapers, no technical diagrams, no blockchain explorer links. Just a vague promise. The total supply of PSUB is fixed at 2.8 billion tokens. That’s a lot. But unlike Bitcoin, which has a clear mining schedule and halving events, PSUB’s emission plan is invisible. Are all 2.8 billion tokens already in circulation? Are they locked? Are they being released slowly? No one knows. That’s a red flag.Price and market data
As of October 2023, PSUB was trading at around $0.052177. That’s less than six cents. Its 24-hour trading volume? Just $7,543.56. For context, Bitcoin trades over $15 billion in a single day. PSUB’s volume is 0.000015% of that. You could buy more PSUB tokens in a single transaction than the entire daily market moves. CoinGecko lists an all-time high of BTC 0.053844 and an all-time low of BTC 0.091490. Wait-that doesn’t make sense. The low is higher than the high. That’s either a data glitch or a sign that the price feed is unreliable. Either way, it’s not a good look. The fully diluted valuation (FDV) is listed at BTC 0.4841. That sounds impressive until you realize FDV assumes every single one of those 2.8 billion tokens is already out there and trading. In reality, most of them are probably locked up, unused, or sitting in wallets no one has touched since 2023.Where you can buy PSUB
You can buy PSUB on Binance’s Web3 Wallet platform. That’s it. That’s the only exchange listed on CoinGecko. No Coinbase. No Kraken. No KuCoin. Just one exchange, and even there, it’s buried under hundreds of other tokens. Buying PSUB isn’t hard if you already use Binance. You connect your wallet, swap some ETH or BNB, and you’re done. But what happens after? Can you pay for coffee with it? Can you send it to a merchant? Is there a PSUB debit card? No. There’s zero evidence of real-world use.
How PSUB compares to real payment coins
Let’s be honest: PSUB has no chance against the big players. - XRP is used by banks for cross-border payments. It settles transactions in 3-5 seconds. - Stellar (XLM) partners with financial institutions and handles micropayments for remittances in Africa and Latin America. - USDT moves over $50 billion a day. PSUB? No institutional partnerships. No merchant adoption. No transaction speed specs. No developer docs. No API. No wallet integrations beyond Binance Web3. It doesn’t even have a public GitHub repo. It’s not just behind-it’s not even on the same field.No community, no trust
There are no Reddit threads about PSUB. No Telegram groups with 1,000 members. No Twitter account with verified status. No Discord server. No YouTube tutorials. No user reviews on CoinGecko or CryptoRank. That’s not normal. Even the worst crypto projects have at least a few die-hard fans shouting into the void. PSUB has silence. That’s louder than any hype. If no one is talking about it, no one is using it. And if no one is using it, why should you care?
Is PSUB a scam?
It’s not officially labeled a scam. But it ticks every box for a low-effort, low-risk project:- No team name or LinkedIn profiles
- No roadmap or development updates since 2023
- No technical documentation
- No community
- Extremely low liquidity
- Price data that contradicts itself
Amanda Cheyne
November 23, 2025 AT 15:55They’re not just hiding the collateral-they’re hiding who even created this thing. I’ve seen this script before. Same fake whitepaper vibes, same ghost team, same zero community. They list it on Binance Web3 because it’s the easiest loophole to slip through. You think they care about payments? Nah. They care about pumping and dumping before the SEC even notices. And trust me, they’re already gone.
Check the blockchain. No transfers since Q1 2023. Wallets are frozen. The price data glitch? That’s not a bug. That’s a cover-up. Someone’s still holding the keys and laughing.
I’ve got a friend who bought PSUB on a whim last year. Said it was ‘undervalued.’ He lost $300. Now he won’t even say its name out loud. I told him to screenshot the CoinGecko page and send it to the FBI. He didn’t reply.
This isn’t crypto. This is digital ghostwriting. A token with no soul. No devs. No users. No future. Just a .json file on a server somewhere, counting down to deletion.
They’ll delete it quietly. No announcement. No apology. Just a 404 on Lbank. And then they’ll do it again with a new name. PSUB 2.0. PSUBX. PSUB-DAO. Same playbook. Same victims.
Don’t fall for it. Don’t even look at it. If you see it pop up in your wallet, delete it. Block it. Burn the memory card if you have to. This isn’t a coin. It’s a digital booby trap.
Anne Jackson
November 24, 2025 AT 01:01Oh please. This is why America’s crypto scene is falling apart. We let these sketchy tokens get listed because ‘freedom’ and ‘decentralization’ are just buzzwords now. Real payment systems don’t need 2.8 billion tokens floating around with no transparency. They need accountability. They need a team you can Google.
And let’s be real-anyone who buys this is either a fool or a bot. The price data is broken. The volume is laughable. Even the FDV is a fantasy. This isn’t a project. It’s a scam dressed up in blockchain jargon.
Why are we even talking about this? It’s like arguing whether a broken calculator is ‘undervalued.’ It doesn’t compute. It doesn’t work. It’s garbage. And we’re giving it airtime like it’s a startup.
Next time someone pitches you a ‘utility token,’ ask for a LinkedIn profile. If they can’t give you one, walk away. Fast. And tell your friends. This isn’t just bad crypto-it’s bad for the whole industry.
John Borwick
November 25, 2025 AT 08:39I’ve been in crypto since 2017 and I’ve seen a lot of weird stuff
But this one… this one just sits there like a ghost in the machine
No team no roadmap no GitHub no Discord no nothing
It’s like someone typed PSUB into a token generator and hit deploy then walked away
I checked the Binance Web3 trades-most of them are under $10
One guy bought 50k tokens for $2.60 and hasn’t moved them since
That’s not a market that’s alive
That’s a graveyard with a price tag
And honestly I feel bad for the people who bought this thinking it was a chance
They didn’t do their homework but they weren’t trying to be greedy
They just saw a low price and thought maybe
But no maybe here
This isn’t a hidden gem
This is a warning sign shaped like a coin
Matthew Prickett
November 26, 2025 AT 00:23Okay but what if this is a psyop?
What if the whole thing is designed to look like a scam so people dismiss it and then when it suddenly pumps 1000x they’re like wait what
I’m not saying it’s real but what if it’s a deep state crypto play
Like the government lets these tokens live so they can track who buys them
Then when they need to activate some kind of digital currency system they already have a list of all the gullible people who trusted ‘low price’ tokens
PSUB is a honeypot
They don’t need it to work
They just need you to touch it
Think about it
Why would a ‘utility token’ have zero docs and zero users but still be listed on a major exchange
That’s not incompetence
That’s strategy
And if you’re not paranoid enough to ask that question
You’re already part of the experiment
Caren Potgieter
November 26, 2025 AT 15:42Hey I’m from South Africa and we’ve seen a lot of these fake crypto things here
People get desperate when the economy is rough
They see a coin for 5 cents and think oh this is my way out
But I’ve watched friends lose everything on things like this
PSUB looks like one of those
No team no community no future
Just a number on a screen
I tell everyone here-don’t chase pennies
Chase real projects with real people
If you can’t find a single person who actually uses it
Then it’s not a coin
It’s a mirage
And mirages don’t pay your rent
But they do steal your hope
And that’s worse
Omkar Rane
November 28, 2025 AT 12:44bro i just checked the blockchain for PSUB transactions and honestly its wild
like i found one wallet that has 98% of all the tokens
and the last time it moved was 18 months ago
and the other wallets are like 20 tokens each
its like someone dumped it all in one place and forgot the password
also the coin gecko data is messed up like the all time high is lower than the all time low
that doesnt even make sense math wise
imagine if your bank app said your balance went from $100 to $50 then later said your highest was $75
youd call them and scream right
but in crypto we just shrug and say oh well
psub is the crypto equivalent of a broken vending machine that still shows a price
no one uses it
no one cares
but its still there blinking
why
just why
someone please tell me why this still exists
its not even funny anymore
its sad
Daryl Chew
November 29, 2025 AT 05:22This isn’t a token. It’s a trap. A digital landmine planted by someone who knows exactly how many people will click ‘buy’ because the price is low. They don’t need volume. They don’t need users. They just need one person to panic-sell at the wrong time so they can buy back 10x more. And then they vanish. Again. Like always.
Look at the trading history. Every spike? Exactly 24 hours after a Reddit post. CoinGecko updates? Right after a new wallet gets created. Coincidence? No. Pattern. They’re gaming the system. And we’re the algorithm.
Jane A
December 1, 2025 AT 00:57