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USC

Classic USD

About USC

Launched in 2024, Classic USD (USC) is a fiat-collateralized stablecoin issued through a partnership between Brale and EthereumClassic.com. Classic USD is the premiere native stablecoin for Ethereum Classic’s decentralized finance ecosystem, global payments, and on-chain fiat settlement. As of 2022, Ethereum Classic is the largest and most secure Proof-of-Work smart contract network in the world.

Market cap
$0 USD
Contracts
Where to buy
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Benefits of USC

An open stablecoin

USC issuance and redemption is available to businesses in supported jurisdictions through the Brale platform.

On-chain adoption

USC is supported as the premiere regulated stablecoin throughout the decentralized finance protocol stack on Ethereum Classic.

Regulated

USC is fully backed by cash and short-dated U.S. government obligations held by Brale’s regulated treasury. Brale is a licensed MSB and money transmitter in the United States.

Transparency

USC 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

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