VCRED (VCRED) delisted stablecoin record
No longer listed by Pharos
Owner-approved scope delisting: no substantiated stable-value claim or collateral/reserve evidence; owner minting only. No admissible price since 2026-09-07: CoinGecko stale, no tickers; only material pool ~$16k, below $50k floor. Not a death finding.
Effective 2026-10-22; Verified Hemi VCRED contract source
Answer first
What is VCRED?
VCRED's Hemi source declares a USD peg, but backing and redemption are unverified; its linked website describes an AI/perp-vault access product. The static profile records its US Dollar peg mechanism as: The verified source declares a U.S. dollar peg but implements only owner-controlled minting and standard ERC-20 holder/allowance burns.
Is VCRED safe?
VCRED is not in Pharos's active universe. Owner-approved scope delisting: no substantiated stable-value claim or collateral/reserve evidence; owner minting only. No admissible price since 2026-09-07: CoinGecko stale, no tickers; only material pool ~$16k, below $50k floor. Not a death finding.
Profile
VCRED profile facts
VCRED (VCRED) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Oct 19, 2026
The current Safety Score and live assessment are available on the interactive page.
AI summary · drafted by claude-opus-5-5 · facts as of Oct 19, 2026
- Collateral
- Unverified for the exact Hemi token. Neither the verified token source nor the linked product site establishes reserve assets, a credit portfolio, or a token-holder claim on the advertised AI/perp vaults.
- Peg mechanism
- The verified source declares a U.S. dollar peg but implements only owner-controlled minting and standard ERC-20 holder/allowance burns. Burns do not pay collateral or dollars, and no exact-token redemption terms or peg-maintenance mechanism were established.
- Jurisdiction
- Not disclosed in the static profile.
- Proof of reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Hemi.
Next actions
This record preserves static and historical context; live actions are available only for active assets.
Source: Pharos registry profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated Oct 19, 2026.
VCRED quick answers
What is VCRED?
VCRED's Hemi source declares a USD peg, but backing and redemption are unverified; its linked website describes an AI/perp-vault access product. The static profile records its US Dollar peg mechanism as: The verified source declares a U.S. dollar peg but implements only owner-controlled minting and standard ERC-20 holder/allowance burns.
Is VCRED safe?
VCRED is not in Pharos's active universe. Owner-approved scope delisting: no substantiated stable-value claim or collateral/reserve evidence; owner minting only. No admissible price since 2026-09-07: CoinGecko stale, no tickers; only material pool ~$16k, below $50k floor. Not a death finding.
What backs VCRED?
Pharos records VCRED's reserves in its review of Oct 2, 2026 as 100% Unverified VCRED backing. Reserve evidence: curated reserve profile. Pharos classifies the backing as Crypto-Collateralized.
Can VCRED 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. VCRED is outside active monitoring; this static record preserves the reviewed control context.