Goldfish Gold (GGBR) stablecoin analytics
Answer First
What is Goldfish Gold (GGBR)?
GGBR is Goldfish Gold (I-On Digital) tracking 1/1000th of a troy ounce per token, with issuer-managed gold exposure and issuer-controlled mint/redeem contracts. The static profile records its Gold peg mechanism as: Issuer-targeted gold spot exposure at 1/1000th of a troy ounce per GGBR, supported by advertised oracle price feeds, managed liquidity and arbitrage, with physical gold redemption advertised through regulated dealers.
Is GGBR safe?
Pharos does not assess GGBR as safe: it holds a D Safety Score grade (43/100) in the latest published rating, which flags significant structural risk. Static metadata says Goldfish Gold uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from Goldfish issuer collateral disclosure and live wallet/supply comparison; the reviewed page states 1,000,000 troy ounces of in-situ Happy 2 gold but does not publish a dated token-specific reserve-to-liability engagement or the underlying geological and title reports; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Goldfish Gold (GGBR) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Gold.
AI summary / Updated Sep 7, 2026
GGBR is Goldfish Gold's gold-tracking token, priced at 1/1000 of a troy ounce against the LBMA spot price and minted and redeemed through issuer-controlled contracts on Ethereum.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- The issuer states that each GGBR represents 1/1000th of a troy ounce and that the GGBR Trust holds 1,000,000 troy ounces of in-situ Happy 2 gold in Pinal County, Arizona for token-holder beneficiaries. It claims NI 43-101 / S-K 1300 verification and roughly 40:1 coverage against 25,000,000 tokens; the underlying dated geological report, trust deed and title/lien records were not obtained from the reviewed public pages.
- Peg Mechanism
- Issuer-targeted gold spot exposure at 1/1000th of a troy ounce per GGBR, supported by advertised oracle price feeds, managed liquidity and arbitrage, with physical gold redemption advertised through regulated dealers. GGBR minting is issuer-controlled through the GoldfishTokenFactory; the deployed factory's gold-reserve verification and allocation checks are commented out, so its mint path does not enforce those reserve checks.
- Jurisdiction
- United States
- Proof Of Reserves
- Self-Reported PoR by Goldfish issuer collateral disclosure and live wallet/supply comparison; the reviewed page states 1,000,000 troy ounces of in-situ Happy 2 gold but does not publish a dated token-specific reserve-to-liability engagement or the underlying geological and title reports Reserve source
- Contracts
- 1 deployment tracked across Ethereum.
Next Actions
Exact bot target: /subscribe dews,depeg,safety ggbr-goldfish-gold
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
GGBR quick answers
What is Goldfish Gold (GGBR)?
GGBR is Goldfish Gold (I-On Digital) tracking 1/1000th of a troy ounce per token, with issuer-managed gold exposure and issuer-controlled mint/redeem contracts. The static profile records its Gold peg mechanism as: Issuer-targeted gold spot exposure at 1/1000th of a troy ounce per GGBR, supported by advertised oracle price feeds, managed liquidity and arbitrage, with physical gold redemption advertised through regulated dealers.
Is GGBR safe?
Pharos does not assess GGBR as safe: it holds a D Safety Score grade (43/100) in the latest published rating, which flags significant structural risk. Static metadata says Goldfish Gold uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from Goldfish issuer collateral disclosure and live wallet/supply comparison; the reviewed page states 1,000,000 troy ounces of in-situ Happy 2 gold but does not publish a dated token-specific reserve-to-liability engagement or the underlying geological and title reports; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs GGBR?
Pharos classifies GGBR backing as Real-World Asset Backed. Collateral, per the static profile: The issuer states that each GGBR represents 1/1000th of a troy ounce and that the GGBR Trust holds 1,000,000 troy ounces of in-situ Happy 2 gold in Pinal County, Arizona for token-holder beneficiaries. Reserve evidence: Self-Reported PoR from Goldfish issuer collateral disclosure and live wallet/supply comparison; the reviewed page states 1,000,000 troy ounces of in-situ Happy 2 gold but does not publish a dated token-specific reserve-to-liability engagement or the underlying geological and title reports.
Can GGBR be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for GGBR, when applicable, appear in the dossier below.
