diff --git a/CHANGELOG.md b/CHANGELOG.md
index 245b287483bb..8f059ebd001a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -39,6 +39,7 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ### Features
 
+* [\#10393](https://github.com/cosmos/cosmos-sdk/pull/10393) Add `HasSupply` method to bank keeper to ensure that input denom actually exists on chain.
 * [\#9933](https://github.com/cosmos/cosmos-sdk/pull/9933) Introduces the notion of a Cosmos "Scalar" type, which would just be simple aliases that give human-understandable meaning to the underlying type, both in Go code and in Proto definitions.
 * [\#9884](https://github.com/cosmos/cosmos-sdk/pull/9884) Provide a new gRPC query handler, `/cosmos/params/v1beta1/subspaces`, that allows the ability to query for all registered subspaces and their respective keys.
 * [\#9860](https://github.com/cosmos/cosmos-sdk/pull/9860) Emit transaction fee in ante handler fee decorator. The event type is `tx` and the attribute is `fee`.
diff --git a/x/bank/keeper/keeper.go b/x/bank/keeper/keeper.go
index 50aec230dda1..b5f80c5f6dff 100644
--- a/x/bank/keeper/keeper.go
+++ b/x/bank/keeper/keeper.go
@@ -26,6 +26,7 @@ type Keeper interface {
 	ExportGenesis(sdk.Context) *types.GenesisState
 
 	GetSupply(ctx sdk.Context, denom string) sdk.Coin
+	HasSupply(ctx sdk.Context, denom string) bool
 	GetPaginatedTotalSupply(ctx sdk.Context, pagination *query.PageRequest) (sdk.Coins, *query.PageResponse, error)
 	IterateTotalSupply(ctx sdk.Context, cb func(sdk.Coin) bool)
 	GetDenomMetaData(ctx sdk.Context, denom string) (types.Metadata, bool)
@@ -215,6 +216,13 @@ func (k BaseKeeper) GetSupply(ctx sdk.Context, denom string) sdk.Coin {
 	}
 }
 
+// HasSupply checks if the supply coin exists in store.
+func (k BaseKeeper) HasSupply(ctx sdk.Context, denom string) bool {
+	store := ctx.KVStore(k.storeKey)
+	supplyStore := prefix.NewStore(store, types.SupplyKey)
+	return supplyStore.Has([]byte(denom))
+}
+
 // GetDenomMetaData retrieves the denomination metadata. returns the metadata and true if the denom exists,
 // false otherwise.
 func (k BaseKeeper) GetDenomMetaData(ctx sdk.Context, denom string) (types.Metadata, bool) {
diff --git a/x/bank/keeper/keeper_test.go b/x/bank/keeper/keeper_test.go
index 52d0dc1338e3..63f347a6fba5 100644
--- a/x/bank/keeper/keeper_test.go
+++ b/x/bank/keeper/keeper_test.go
@@ -1119,6 +1119,7 @@ func (suite *IntegrationTestSuite) TestBalanceTrackingEvents() {
 	}
 
 	// check balance and supply tracking
+	suite.Require().True(suite.app.BankKeeper.HasSupply(suite.ctx, "utxo"))
 	savedSupply := suite.app.BankKeeper.GetSupply(suite.ctx, "utxo")
 	utxoSupply := savedSupply
 	suite.Require().Equal(utxoSupply.Amount, supply.AmountOf("utxo"))