Profile
USDV profile facts
Solomon USDv (USDV) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
Other coins using the USDV ticker
- Solomon USDv (Legacy) (USDV) · Frozen · US Dollar. USDV is Solomon Labs's synthetic dollar on Solana backed by Ceffu-custodied delta-neutral perp margin.
- Collateral
- The replacement Chancery program holds USDC and USDG reserve assets. The issuer describes additional direct short-dated U.S. Treasury exposure as prospective; this profile does not treat legacy Ceffu strategy assets as backing for the new mint.
- Peg mechanism
- Approved counterparties mint USDv against accepted reserve assets and redeem by burning USDv for an approved payout asset, subject to onboarding, liquidity, limits and processing windows. Other holders exit through on-chain markets. Rewards are distributed separately to eligible balances and do not make USDv an appreciating NAV token.
- Jurisdiction
- Not disclosed in the static profile.
- Proof of reserves
- Self-Reported PoR by Solomon reserve disclosures and public Chancery reserve accounts; the Accretion program audit is not a reserve attestation. Reserve source
- 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.
USDV quick answers
4
What is Solomon USDv (USDV)?
USDv is Solomon’s replacement Solana dollar, backed by USDC and USDG with permissioned minting and redemption. The static profile records its US Dollar peg mechanism as: Approved counterparties mint USDv against accepted reserve assets and redeem by burning USDv for an approved payout asset, subject to onboarding, liquidity, limits and processing windows. Other holders exit through on-chain markets.
Is USDV safe?
As of Oct 28, 2026, Pharos grades USDV D (42/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances. 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 USDV?
Pharos records USDV's reserves as of Oct 20, 2026 as 97.2% USDG in the Chancery reserve-authority token account and 2.8% USDC in the Chancery reserve-authority token account. Reserve evidence: Self-Reported PoR. Pharos classifies the backing as Real-World Asset Backed.
Can USDV be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
