Profile
SBC profile facts
Brale SBC (SBC) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
- Collateral
- Cash, cash equivalents, and short-duration U.S. Treasuries held in segregated accounts at regulated financial institutions
- Peg mechanism
- Direct 1:1 redemption through Brale (registered MSB and licensed U.S. money transmitter)
- Jurisdiction
- United States / FinCEN / Money Services Business / Money Transmitter
- Proof of reserves
- Independent Audit by Michael Coglianese, CPA, P.C. (MCCPA), Lincolnshire, IL (replaced Abdo before mid-2026; note the June 2026 report file bundles an examination opinion covering only 2026-05-31, signed 2026-07-13, with an unexamined management assertion for 2026-06-30 figures) Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
SBC quick answers
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What is Brale SBC (SBC)?
SBC is Brale's centralized USD stablecoin backed 1:1 by cash and short-duration U.S. Treasuries in segregated accounts at regulated financial institutions. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Brale (registered MSB and licensed U.S. money transmitter).
Is SBC safe?
As of Oct 24, 2026, Pharos grades SBC C+ (62/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs SBC?
Pharos records SBC's reserves as of Sep 30, 2026 as 93.5% Cash and cash equivalents and 6.5% U.S. government-backed debt. Reserve evidence: Independent Audit, latest period ending Sep 30, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can SBC be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem SBC?
Under the route Pharos reviewed on Mar 23, 2026, customers the issuer has verified can redeem SBC for a single stable asset, such as cash or a stablecoin. Settlement is same-day. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
