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SBC

Stable Coin

About SBC

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

Market cap
$0 USD
Contracts
Where to buy
  • 1Konto logo
  • Brale logo
  • Uniswap logo
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Benefits of SBC

Regulated reserves

SBC is fully backed by cash, cash equivalents, and short duration U.S. treasuries held in Brale’s regulated treasury infrastructure.

Multi-chain

SBC is interoperable across 10+ public chains and permissioned networks. Control where SBC lives with the ability to swap between networks at any time.

Transparent

Reserves of SBC are reported daily and audited monthly by an independent third-party accounting firm.

Transparency

SBC is always redeemable 1:1 for U.S. dollars. Brale asserts that the balance of treasury assets is equal to or greater than the tokens issued, as of the following dates.

Reserves as of September 30, 2023

Monthly Reserve Reports

Monthly reports are issued by an independent accounting firm to provide assurance that the value of stablecoin reserves are equal to the amount in circulation. Reports are prepared according to the attestation standards of the American Institute of Certified Public Accountants (AICPA).

  1. 2023
    1. Oct
    2. Nov
    3. Dec
  2. 2024
    1. Jan
    2. Feb
    3. Mar
    4. Apr
    5. May
    6. Jun

SBC News

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