Maple syrupUSDC (syrupUSDC) stablecoin analytics
Answer First
What is Maple syrupUSDC (syrupUSDC)?
syrupUSDC is Maple's ERC-4626 receipt for USDC lent to institutional borrowers as overcollateralized fixed-rate loans; withdrawals served by a FIFO queue. The static profile records its USDC-denominated NAV accounting mechanism as: ERC-4626 vault; USDC deposited into Maple lending pools, NAV appreciates with accrued interest; protocol withdrawals are requested onchain and serviced through a FIFO queue as liquidity becomes available
Is syrupUSDC safe?
syrupUSDC holds a C- Safety Score grade (52/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Maple syrupUSDC uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with Independent Audit from The Network Firm (combined syrupUSDC and syrupUSDT collateral verification dashboard; last verified 2026-09-29 at 01:00 UTC, not a syrupUSDC-specific reserve-to-liability reconciliation); 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
Maple syrupUSDC (syrupUSDC) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg USDC-denominated NAV.
Variant Relationship
Maple syrupUSDC (syrupUSDC) is modeled as a strategy vault variant of USD Coin (USDC). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated Sep 7, 2026
Maple's syrupUSDC turns USDC into an ERC-4626 receipt for institutional lending, a tidy way to make private credit look like a composable stablecoin. Maple's own disclosures state the token is not backed by USDC one-to-one and carries no redemption guarantee. Deposits fund overcollateralized fixed-rate loans plus basis and liquidity strategies, value accrues through NAV, and withdrawals are served by a FIFO queue that can run to thirty days, which is why exit is comfortably the weakest pillar here.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Maple Proof of Reserves announcement and Maple syrupUSDC Product Disclosures and Disclaimers
- Collateral
- USDC deposits lent to institutional borrowers via overcollateralized, fixed-rate loans on Maple Finance
- Peg Mechanism
- ERC-4626 vault; USDC deposited into Maple lending pools, NAV appreciates with accrued interest; protocol withdrawals are requested onchain and serviced through a FIFO queue as liquidity becomes available
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Independent Audit by The Network Firm (combined syrupUSDC and syrupUSDT collateral verification dashboard; last verified 2026-09-29 at 01:00 UTC, not a syrupUSDC-specific reserve-to-liability reconciliation) Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety syrupusdc-maple
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.
syrupUSDC quick answers
What is Maple syrupUSDC (syrupUSDC)?
syrupUSDC is Maple's ERC-4626 receipt for USDC lent to institutional borrowers as overcollateralized fixed-rate loans; withdrawals served by a FIFO queue. The static profile records its USDC-denominated NAV accounting mechanism as: ERC-4626 vault; USDC deposited into Maple lending pools, NAV appreciates with accrued interest; protocol withdrawals are requested onchain and serviced through a FIFO queue as liquidity becomes available
Is syrupUSDC safe?
syrupUSDC holds a C- Safety Score grade (52/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Maple syrupUSDC uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with Independent Audit from The Network Firm (combined syrupUSDC and syrupUSDT collateral verification dashboard; last verified 2026-09-29 at 01:00 UTC, not a syrupUSDC-specific reserve-to-liability reconciliation); 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 syrupUSDC?
Pharos classifies syrupUSDC backing as Real-World Asset Backed. Collateral, per the static profile: USDC deposits lent to institutional borrowers via overcollateralized, fixed-rate loans on Maple Finance Reserve evidence: Independent Audit from The Network Firm (combined syrupUSDC and syrupUSDT collateral verification dashboard; last verified 2026-09-29 at 01:00 UTC, not a syrupUSDC-specific reserve-to-liability reconciliation).
Can syrupUSDC 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 syrupUSDC, when applicable, appear in the dossier below.
