Blog

Treasury Beta

2 min read
Ben Milne | Brale
Jared Dellitt | Brale
Michael McAllister | Brale
Kenny Miesner | Brale
Chase Merlin | Brale
Keenan Randolph | Brale
Ramin Wright | Brale
Nixon Wegulo | Brale
Cody Lambert | Brale
Matt Franczak | Brale
Graham McBain | Brale
Brale Treasury Beta | Brale Blog

After months of feedback in Alpha, we're happy to announce that Treasury is now in Beta for eligible businesses. Using Treasury as infrastructure, you can issue a custom fiat-backed stablecoin in less than a day.

We've learned from many projects that building the regulatory structure, treasury management, and reporting practices to support a stablecoin from scratch is a challenge. It can take over a year and significant investment to bring a new stablecoin to market.

Treasury was designed from first principles to streamline the regulatory and operational barriers to issuing a new stablecoin in the United States.

Issue regulated stablecoins backed by Treasury

Stablecoins backed by Treasury can now be issued on Ethereum, Avalanche, Polygon, Celo, Base, Optimism, and Stellar Network. By supporting many ecosystems, we give projects the flexibility to leverage the blockchains best suited for their use cases.

Fund stablecoins with off-chain or on-chain assets while making them available for others to purchase. Stablecoins can also be minted to your platform, third-party custodian, or on-chain protocols to make them available in the ecosystem.

Brale's Treasury Stack

Stablecoins are fully backed by cash, cash equivalents, and short-term US government bonds held in U.S. financial institutions. Reserves are highly liquid, supporting typical redemptions being completed within a day and ample liquidity to process redemptions.

Diagram showing Brale's treasury breakdown of cash, cash equivalents, and US
Treasuries that back our
stablecoins

Reserves are reviewed against outstanding supply daily, following best practices in financial reporting. Public self attestations of all stablecoins are published monthly. To add further trust, Brale has engaged with independent accounting firms to conduct third-party reserve audits in 2024.

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Contributors

  • Ben Milne | Brale
    Ben Milne
    CEO
  • Jared Dellitt | Brale
    Jared Dellitt
    CTO
  • Michael McAllister | Brale
    Michael McAllister
    Sr Software Engineer
  • Kenny Miesner | Brale
    Kenny Miesner
    Sr Designer
  • Chase Merlin | Brale
    Chase Merlin
    Sr Product Manager
  • Keenan Randolph | Brale
    Keenan Randolph
    Operations Analyst
  • Ramin Wright | Brale
    Ramin Wright
    Head of Operations
  • Nixon Wegulo | Brale
    Nixon Wegulo
    Head of Risk
  • Cody Lambert | Brale
    Cody Lambert
    Software Engineer
  • Matt Franczak | Brale
    Matt Franczak
    Staff Software Engineer
  • Graham McBain | Brale
    Graham McBain
    Ecosystem