Profile
sUSD profile facts
Solayer USD (sUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
Other coins using the sUSD ticker
- sUSD (sUSD) · Frozen · US Dollar. sUSD was Synthetix's SNX-backed synthetic dollar.
- Staked USD Coin (sUSD) · Active · US Dollar. HedgeCore sUSD is the transferable BSC wrapper over hedge-locked hUSDC staking receipts.
- Collateral
- U.S. Treasury bill exposure and RWA partner products backing a Solana Token-2022 interest-bearing stablecoin
- Peg mechanism
- Users mint through Solayer workflows and balances grow through Token-2022 interest extension mechanics backed by T-bill yield
- Jurisdiction
- United States
- Proof of reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Solana.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
sUSD quick answers
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What is Solayer USD (sUSD)?
Solayer sUSD is a Solana Token-2022 interest-bearing stablecoin backed by U.S. T-bill exposure and RWA partner products; balances grow via interest extension. The static profile records its US Dollar peg mechanism as: Users mint through Solayer workflows and balances grow through Token-2022 interest extension mechanics backed by T-bill yield.
Is sUSD safe?
As of Nov 8, 2026, Pharos grades sUSD D (49/100) on its Safety Score. Pharos's reviews record that admin controls such as a pause or an upgradeable contract exist, though no power to freeze a specific holder was found. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs sUSD?
Pharos records sUSD's reserves as of Sep 21, 2026 as 100% OpenEden cUSDO tokenized U.S. Treasury bill reserve. Reserve evidence: live reserve feed configured. Pharos classifies the backing as Real-World Asset Backed.
Can sUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments.
How do you redeem sUSD?
Under the route Pharos reviewed on May 5, 2026, sUSD redeems for USDC; holder eligibility is not documented. Requests go through a redemption queue. 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.
