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MSUSD profile facts

Main Street USD (MSUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.

Other coins using the MSUSD ticker

Collateral
Main Street docs described msUSD mint/redemption against USDC and strategy assets, but third-party verification was terminated and Pharos no longer treats the reserve base as active, verified dollar backing.
Peg mechanism
Formerly redeemed by verified users through capacity-limited USDC withdrawals after a protocol cooldown. Following the June 2026 verification failure and depeg, Pharos treats msUSD as a frozen collapse case rather than an active redeemable dollar.
Jurisdiction
Not disclosed in the static profile.
Proof of reserves
No proof-of-reserves entry in the static profile.
Contracts
2 deployments tracked across Ethereum and Sonic.

Source: Pharos registry profile fields. This inactive record does not participate in current live monitoring.

MSUSD quick answers

4
What is Main Street USD (MSUSD)?

msUSD was Main Street's dollar token; Pharos freezes it after Accountable terminated reserve verification and the token permanently depegged in June 2026. The static profile records its US Dollar peg mechanism as: Formerly redeemed by verified users through capacity-limited USDC withdrawals after a protocol cooldown.

Is MSUSD safe?

Main Street USD is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a CeFi-Dependent governance model, Crypto-Collateralized backing, curated reserve profile, and notes that no direct freeze-control path sets the verdict under the reviewed deployment-materiality scope.

What backs MSUSD?

The archived Pharos profile records MSUSD's reserves as 100% Unverified Main Street redemption reserve and strategy liquidity. Reserve evidence: curated reserve profile. Pharos classifies the backing as Crypto-Collateralized.

Can MSUSD be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, no direct freeze-control path sets the verdict under the reviewed deployment-materiality scope. MSUSD is a frozen Pharos archive; the recorded history below is read-only.