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PHAROSlive stablecoin signals

VNDC (VNDC) stablecoin analytics

VNDC is Jade Labs's Vietnamese dong stablecoin redeemable 1:1 via ONUS and VNDC Hub, with self-reported reserves and no third-party attestation.

Static Profile

Static stablecoin profile

VNDC (VNDC) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Vietnamese Dong.

AI summary / Updated May 15, 2026

VNDC is Jade Labs's Vietnamese dong stablecoin redeemable 1:1 via ONUS and VNDC Hub, with self-reported reserves and no independent attestation cadence. VNDC is a Vietnamese dong-pegged stablecoin issued by Jade Labs (the company behind ONUS Finance), the only credible on-chain...

AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026

Collateral
Vietnamese dong reserves self-reported by Jade Labs (the VNDC issuer) and tracked across Polygon and BNB Smart Chain deployments; no formal independent attestation is published
Peg Mechanism
1:1 fiat-collateralized issuer mint and redemption operated by Jade Labs through the ONUS and VNDC Hub platforms with VND on/off-ramps via Vietnamese banking partners; reserve backing is self-reported by Jade Labs with no third-party attestation, audit cadence, or proof-of-reserves feed currently published
Jurisdiction
Singapore
Proof Of Reserves
Self-Reported PoR by Jade Labs / VNDC issuer disclosure Reserve source
Contracts
3 deployments tracked across Ethereum, Polygon, and BSC.

Snippet Answer

Is VNDC safe?

Pharos does not mark VNDC as absolutely safe. Static metadata says VNDC uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from Jade Labs / VNDC issuer disclosure; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. 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 vndc-jade-labs

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.

VNDC quick answers

What is VNDC (VNDC)?

VNDC is Jade Labs's Vietnamese dong stablecoin redeemable 1:1 via ONUS and VNDC Hub, with self-reported reserves and no third-party attestation. The static profile records its Vietnamese Dong peg mechanism as: 1:1 fiat-collateralized issuer mint and redemption operated by Jade Labs through the ONUS and VNDC Hub platforms with VND on/off-ramps via Vietnamese banking partners; reserve backing is self-reported by Jade Labs with no third-party...

What backs VNDC?

Pharos classifies VNDC backing as Real-World Asset Backed. Collateral, per the static profile: Vietnamese dong reserves self-reported by Jade Labs (the VNDC issuer) and tracked across Polygon and BNB Smart Chain deployments; no formal independent attestation is published Reserve evidence: Self-Reported PoR from Jade Labs / VNDC issuer disclosure.

Can VNDC be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, freeze or administrative control exposure is possible but not fully confirmed. Live freeze and blacklist events for VNDC, when applicable, appear in the dossier below.