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SBC

Stable Coin

Buy SBC
Total Supply
$0
Contracts

Overview

SBC is a digital dollar stablecoin issued by Brale. It is redeemable one-to-one for U.S. dollars and was created as an example of combining the best of centralized finance with decentralized protocols.

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Type

Fiat-backed. Redeemable one-to-one for US dollars.

Summary

Stable Coin (SBC) is a fiat collateralized stablecoin designed to keep backing assets safe and maintain liquidity for redemptions.

SBC was created to serve as an example of leveraging decentralized protocols to extend functionality in the existing financial system. It emphasizes redeem-ability, regulatory compliance, and transparency in line with established central finance practices. SBC is currently in closed alpha.

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Attestations

Brale asserts that the balance of treasury assets is equal to or greater than the tokens issued, as of the following dates and as detailed below.

Monthly Attestations

Balance as of August 31, 2023