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USC is a fiat-backed stablecoin
designed for Ethereum Classic

Buy USC
Fiat-Backed
Collateralized 1:1
Regulated Issuer

Classic USD

Classic USD (USC) is the foundational fiat-backed stablecoin for the Ethereum Classic network.

Classic USD is the premiere native stablecoin for Ethereum Classic’s decentralized finance ecosystem, global payments, and on-chain fiat settlement.

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As of 2022, Ethereum Classic is the largest and most secure Proof-of-Work smart contract network in the world. Classic USD (USC) connects the ETC asset to the greater EVM blockchain ecosystem.

Classic USD

Classic USD is a multichain fiat-backed stablecoin that connects the Ethereum Classic ecosystem to the global financial world. With quick processing times, low fees, and 1:1 collateralization, Classic USD is simply the best stablecoin product on the Ethereum Classic network. Start using the USC stablecoin today!

1:1 USD

Fiat-Backed

Ethereum Classic users can mint the USC stablecoin 1:1 with U.S. Dollars or select stablecoins from other blockchain networks. USC tokens are redeemable 1:1 for U.S. dollars without the need for inefficient over-collateralization. Redemption fees are nominal to cover network fees.

Transparent

Monthly Attestation

Brale ensures automated reserve management and attestations to guarantee underlying reserves for users of USC. These attestations are provided by third-party auditors in line with US regulatory and accounting standards.

Compliant

Licensed Issuer

USC is an asset built for global acceptance. US Sanctions are built into the smart contract that powers USC and automatically updated as the lists are updated to ensure proper regulatory compliance with US Sanctions list and BSA requirements.

USC Stablecoin

Multichain Design

Stablecoins are an important primitive for blockchains. USC is built to be multi-chain in order to support new networks and emerging ecosystems.

Audited Contracts

USC’s smart contracts have been audited by third parties ensuring that the code is secure. Our audited smart contracts follow best practices to enhance trust.

Circulating Supply

USC was designed to move from one blockchain to another without duplicating supply ensuring all coins in circulation are always properly backed by the reserve held and overseen by Brale, a regulated financial institution.

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Interoperability

USC is a discoverable token within the DeFi ecosystem via Metamask, and platforms such as ETCswap.

Reserve Management

Brale ensures automated reserve management and attestations to guarantee underlying reserves for users of USC. These attestations are provided by third-party auditors in line with US regulatory and accounting standards.

Regulated Compliance

US Sanctions are built into the smart contract that powers USC and automatically updated as the lists are updated to ensure proper regulatory compliance with US Sanctions list and BSA requirements.

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ETCswap

General Public

The general public can purchase the USC stablecoin on an open decentralized exchange

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Brale

U.S. Business

U.S. Businesses can apply for a Brale account to mint and redeem the USC stablecoin

Mint USC

1Konto

Non-U.S. Entities

Non-U.S. entities can use an institutional-grade OTC desk to acquire and redeem the USC stablecoin

OTC USC

Issuance of USC Tokens


Issuance of USC tokens is processed through the Brale platform. To mint USC tokens, Brale business accounts can deposit U.S. dollars or send supported stablecoins like USDC or USDP. This process is low-latency taking no more than 5 mins to complete. Issuance fees are nominal covering network fees. USC tokens are issued at 1:1 for collateral deposited.

Redemption of USC Tokens


Redemption of USC tokens is processed through the Brale platform. To redeem USC tokens, Brale business accounts deposit USC tokens to their account. There is a delayed confirmation time for tokens received. Once the appropriate confirmations has been observed, Brale business accounts can redeem USc tokens 1:1 for U.S. dollars or supported stablecoins like USDC or USDP. This process is low-latency taking no more than 5 mins to complete. Redemption fees are nominal covering network fees. USC tokens are redeemable at 1:1 for collateral requested.