Rings scUSD (scUSD) stablecoin analytics
scUSD is Rings' wrapper minted from supported stablecoins routed through Veda BoringVault DeFi strategies; yield is activated by staking into stkscUSD.
Static Profile
Static stablecoin profile
Rings scUSD (scUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated May 15, 2026
A Sonic/Ethereum stablecoin backed by stablecoin collateral plus Veda DeFi strategy exposure; the liquid token isn't the main yield wrapper. Rings scUSD adds Sonic/Ethereum scAsset coverage with Veda-backed strategy exposure. The liquid token is not the main yield wrapper, so...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Stablecoin deposits routed through Trevee (formerly Rings) / Veda BoringVault infrastructure into curated DeFi lending strategies (e.g. Aave, Morpho); supported collateral includes USDC, USDT, DAI, GHO, and Sonic USDC.e
- Peg Mechanism
- Users deposit supported stablecoins to mint scUSD and redeem scAssets after a documented cooldown period; yield is primarily activated by staking scUSD into stkscUSD rather than by holding liquid scUSD itself.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Self-Reported PoR by Trevee / Veda backing addresses Reserve source
Snippet Answer
Is scUSD safe?
Pharos does not mark scUSD as absolutely safe. Static metadata says Rings scUSD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Self-Reported PoR from Trevee / Veda backing addresses; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. 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 scusd-rings
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 May 15, 2026.
scUSD quick answers
What is Rings scUSD (scUSD)?
scUSD is Rings' wrapper minted from supported stablecoins routed through Veda BoringVault DeFi strategies; yield is activated by staking into stkscUSD. The static profile records its US Dollar peg mechanism as: Users deposit supported stablecoins to mint scUSD and redeem scAssets after a documented cooldown period; yield is primarily activated by staking scUSD into stkscUSD rather than by holding liquid scUSD itself.
What backs scUSD?
Pharos classifies scUSD backing as Crypto-Collateralized. Collateral, per the static profile: Stablecoin deposits routed through Trevee (formerly Rings) / Veda BoringVault infrastructure into curated DeFi lending strategies (e.g. Aave, Morpho); supported collateral includes USDC, USDT, DAI, GHO, and Sonic USDC.e Reserve evidence: Self-Reported PoR from Trevee / Veda backing addresses.
Can scUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for scUSD, when applicable, appear in the dossier below.