Plume USD (pUSD) stablecoin analytics
pUSD is Plume's dollar stablecoin minted 1:1 against USDC in a Nucleus BoringVault; zero-fee redemption on Ethereum or Plume Chain with OFAC compliance checks.
Static Profile
Static stablecoin profile
Plume USD (pUSD) static profile: governance model Centralized (CeFi); backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Jun 3, 2026
A USDC wrapper that routes through a Nucleus BoringVault with OFAC checks — extra trust layers on top of an asset that was already perfectly functional. Plume's pUSD takes USDC, routes it through a Nucleus BoringVault with OFAC compliance checks, and issues a wrapped token on...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- 1:1 backed by USDC and USDT deposited into a Nucleus BoringVault; USD1 and AUSD also approved as collateral
- Peg Mechanism
- Zero-fee mint/redeem at 1:1 for USDC on Ethereum or Plume Chain; reserves managed by Nucleus BoringVault contracts with OFAC compliance checks
- Jurisdiction
- Cayman Islands
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is pUSD safe?
Pharos does not mark pUSD as absolutely safe. Static metadata says Plume USD uses a Centralized (CeFi) governance model and Crypto-Collateralized backing, with live reserve feed configured; 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.
Next Actions
Exact bot target: /subscribe dews,depeg,safety pusd-plume
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 Jun 3, 2026.
pUSD quick answers
What is Plume USD (pUSD)?
pUSD is Plume's dollar stablecoin minted 1:1 against USDC in a Nucleus BoringVault; zero-fee redemption on Ethereum or Plume Chain with OFAC compliance checks. The static profile records its US Dollar peg mechanism as: Zero-fee mint/redeem at 1:1 for USDC on Ethereum or Plume Chain; reserves managed by Nucleus BoringVault contracts with OFAC compliance checks
What backs pUSD?
Pharos classifies pUSD backing as Crypto-Collateralized. Collateral, per the static profile: 1:1 backed by USDC and USDT deposited into a Nucleus BoringVault; USD1 and AUSD also approved as collateral Reserve evidence: live reserve feed configured.
Can pUSD 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 pUSD, when applicable, appear in the dossier below.