Startale USD (USDSC) stablecoin analytics
USDSC is Startale's 1:1 wrapper around M0's $M on Soneium, backed by short-term U.S. Treasury bills with collateral attested on-chain by M0 Validators.
Static Profile
Static stablecoin profile
Startale USD (USDSC) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated May 15, 2026
USDSC is a Soneium-exclusive 1:1 wrapper around M0's $M with the same T-bill reserves and attestations — the bet is Sony's L2 generating enough gravity for a chain-native dollar. USDSC is what happens when a Sony-backed L2, a Singapore web3 studio, and M0's T-bill...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Short-term U.S. Treasury bills held in bankruptcy-remote SPVs via M0 Protocol's permissioned Minter infrastructure; M0 Validators independently attest collateral sufficiency on-chain before minting
- Peg Mechanism
- 1:1 wrapper around M (M0) token — USDSC is minted by wrapping M via the Soneium-native UsdscToken contract; underlying M is backed by T-bill collateral attested by M0 Validators; redemption unwinds the wrapper back to M
- Jurisdiction
- Singapore
- Proof Of Reserves
- Real-Time PoR by M0 Protocol (on-chain Validator attestations) Reserve source
- Contracts
- 1 deployment tracked across Soneium.
Snippet Answer
Is USDSC safe?
Pharos does not mark USDSC as absolutely safe. Static metadata says Startale USD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from M0 Protocol (on-chain Validator attestations); 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 usdsc-startale
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.
USDSC quick answers
What is Startale USD (USDSC)?
USDSC is Startale's 1:1 wrapper around M0's $M on Soneium, backed by short-term U.S. Treasury bills with collateral attested on-chain by M0 Validators. The static profile records its US Dollar peg mechanism as: 1:1 wrapper around M (M0) token — USDSC is minted by wrapping M via the Soneium-native UsdscToken contract; underlying M is backed by T-bill collateral attested by M0 Validators; redemption unwinds the wrapper back to M
What backs USDSC?
Pharos classifies USDSC backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. Treasury bills held in bankruptcy-remote SPVs via M0 Protocol's permissioned Minter infrastructure; M0 Validators independently attest collateral sufficiency on-chain before minting Reserve evidence: Real-Time PoR from M0 Protocol (on-chain Validator attestations).
Can USDSC 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 USDSC, when applicable, appear in the dossier below.