BlockDAG will begin minting BDAGUSD, the stablecoin created for its buyback distributions, on October 14, one day before the presale closes on Thursday, October 15. Direct BDAG is priced at $0.0000000007, and every qualifying purchase made before the deadline enters the priority distribution queue behind existing holders who bought using the code BUYBACKNOW. The schedule was announced in a company statement on October 13.

The announcement comes amid broader market pressure. Bitcoin is holding above $83,000 as of October 13, 2026, spot ETF outflows are weighing on the sector, and the CoinDesk 20 index has dropped 2.20%. BlockDAG, however, says the buyback programme is driven by verified balances rather than macro conditions.

BDAGUSD Minting Begins October 14

BlockDAG has spent weeks building the legal and technical infrastructure to move the buyback programme from dashboard balances into live distributions. For holders, minting is the step that changes what a buyback balance actually is: until now, entitlements have existed as figures on a dashboard; once BDAGUSD is minted, they become tokens credited to registered wallets that can be held and checked on-chain. The company stressed that the sequence below is confirmed rather than projected, and that execution begins October 14. According to BlockDAG, the process runs in a specific order:

1. Balance reconciliation. BlockDAG will reconcile and correct eligible buyback balances across all dashboards, starting with BUYBACKNOW holders. Missing or incorrect figures will be updated as verification is completed.
2. Verification. Eligible purchases, registered wallets, and buyback values will be verified against on-chain records.
3. Minting. BDAGUSD will be minted on the BlockDAG network using the official deployed contract.
4. First distribution batch. Verified BUYBACKNOW purchases will enter the first batch and receive BDAGUSD credited automatically to their wallets.
5. Wider rollout. All remaining eligible holders will follow in subsequent batches according to the published distribution schedule.

Dashboard corrections, minting, and the first priority distribution are all set to start on October 14.

Contract Details Due Within 48 Hours

The full technical details — including the official BDAGUSD contract address, the BlockDAG network and chain identifier, the updated issuing company and jurisdiction, snapshot and distribution times, reserve and redemption terms, and a public explorer link for verifying minting — will be published across official BlockDAG channels within 48 hours.

Until the official contract address is live, BlockDAG advises holders not to interact with unofficial BDAGUSD tokens, third-party links, or wallets claiming to process buyback distributions. That caution pairs with the disclosure itself: once the official contract address and the public explorer link are live, holders have an on-chain way to verify minting directly rather than depending on unofficial sources.

Legal Restructuring Cleared the Path

The original BDAGUSD rollout was delayed because legal and regulatory requirements prevented issuance under the structure initially proposed. BlockDAG's legal, compliance, and technical teams have since restructured the entire issuance and distribution process. BDAGUSD will now be issued through a different legal entity and jurisdiction, operating under the applicable regulatory framework for that structure. The updated issuer, company, jurisdiction, and operating details will be published within 48 hours.

The company says the restructuring matters beyond paperwork: a buyback programme that cuts corners on legal structure creates risk for every holder in the distribution queue. BlockDAG said it chose to delay and rebuild the structure correctly before executing, so the programme can distribute at scale, across multiple batches, without encountering the same obstacles again. The stablecoin being minted on October 14 is the product of that rebuilt structure rather than the original proposal.

BlockDAG also noted that BDAGUSD distributions operate independently of Bitcoin's short-term price action, as they are driven by verified buyback balances rather than moves in the CoinDesk 20.

Presale Closes October 15; BUYBACKNOW Sets the Queue

With minting beginning on October 14 and the presale closing on October 15, the window for entering the priority distribution queue is now measured in hours. Direct BDAG is priced at $0.0000000007.

The code BUYBACKNOW serves one function: it places qualifying purchases at the front of the distribution line, ahead of all other eligible buyback holders. The distribution order is fixed — BUYBACKNOW holders first, all remaining eligible holders second, and subsequent batches continuing according to the published schedule.

Purchases completed before the presale closes will continue to enter the priority queue, but that window shuts on October 15. After that date, the queue is set and no new purchases can enter it. For buyers waiting to see whether distributions would actually begin, October 14 provides the answer: minting starts, dashboard corrections occur, and the first batch moves.

Conclusion

BlockDAG is entering its final 48 hours before the presale closes, with BDAGUSD minting set to begin on October 14 — a step the company describes as the most significant development in the programme's history. Dashboard balances will be corrected, BUYBACKNOW holders will enter the first distribution batch, and all remaining eligible holders will follow in subsequent rounds.

The legal restructuring that delayed the original rollout is the same work that makes the upcoming execution possible: the compliance requirements are met, the structure is in place, and contract details go public within 48 hours. With the presale closing on October 15 at $0.0000000007, the final window for priority distribution access closes on Thursday. After that, the queue is locked and distributions begin.

Presale:

Website:

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: