---
title: "Tradable LatAm Residential SSTL (PC0000089) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/pc0000089-tradable/"
description: "Build-time stablecoin profile for Tradable LatAm Residential SSTL (PC0000089). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# Tradable LatAm Residential SSTL (PC0000089)

**Peg:** US Dollar

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

A KYC-gated Tradable private-credit note carried through market-price coverage with no published yield row until reserve evidence exists.

PC0000089 follows the same treatment as the other Tradable note additions: market-price coverage is enough to display the asset, but not enough to publish a yield row. Pharos records the credit collateral and centralized control profile as an {{term:rwa}}RWA{{/term}} exposure, while withholding live reserve and {{term:redemption}}redemption{{/term}}-backstop claims until public source evidence exists.

## Collateral

On-chain exposure to a Latin American residential-lending senior secured term loan note issued by Victory Park Capital Advisors and tokenized on zkSync Era via Tradable's permissioned syndication platform (on-chain token name 'Private Credit Direct Deal0000089').

## Peg Mechanism

Contract-priced at $1.00 note par rather than a liquid secondary-market peg; investors rely on issuer servicing and note repayment.

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| United States | N/A | N/A |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| zksync | `0xfb3fccdd38a96c3f769c62e578323f22c3bfcbec` | 6 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/pc0000089-tradable.
