Profile
WUSD profile facts
Worldwide USD (WUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
- Collateral
- Cash, cash equivalents, and short-term U.S. Treasury bills under WSPN's reserve policy; the whitepaper describes a 6% buffer on non-cash reserves as a long-term goal, not a verified current balance
- Peg mechanism
- WSPN documents direct 1:1 conversion for verified corporate customers, with minting and burning following fiat deposits and withdrawals; current redemption availability is unverified after the advertised mainnet portal failed DNS on October 19, 2026. No dated reserve-liability report was located in the reviewed public disclosures
- Jurisdiction
- British Virgin Islands / FinCEN (USA) / MSB registration (USA); VASP license application (BVI)
- Proof of reserves
- No proof-of-reserves entry in the static profile.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
WUSD quick answers
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What is Worldwide USD (WUSD)?
WUSD is WSPN's centralized dollar stablecoin backed under its cash and Treasury reserve policy; advertised corporate redemption is currently unverified. The static profile records its US Dollar peg mechanism as: WSPN documents direct 1:1 conversion for verified corporate customers, with minting and burning following fiat deposits and withdrawals; current redemption availability is unverified after the advertised mainnet portal failed DNS on October 19, 2026.
Is WUSD safe?
As of Oct 24, 2026, Pharos grades WUSD D (46/100) 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, and direct redemption is limited to customers the issuer has verified. 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 WUSD?
Pharos records WUSD's reserves in its review of Jul 30, 2026 as 100% Cash, cash equivalents, and short-term Treasury bills. Reserve evidence: live reserve feed configured. Pharos classifies the backing as Real-World Asset Backed.
Can WUSD 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 WUSD?
Under the route Pharos reviewed on Aug 19, 2026, customers the issuer has verified can redeem WUSD 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.
