---
title: "Worldwide USD (WUSD) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/wusd-worldwide/"
description: "Build-time stablecoin profile for Worldwide USD (WUSD). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-06-03"
---



# Worldwide USD (WUSD)

**Peg:** US Dollar

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

WSPN's white-label dollar pairs conservative T-bill reserves with a C+ grade and thin DEX liquidity that betrays missing on-chain demand.

WSPN's Worldwide USD pairs a conservative reserve — {{term:treasury}}T-bills{{/term}} and cash with a Basel III-inspired 6% liquidity buffer — against a C+ safety grade that reflects the gap between institutional ambition and on-chain traction. The peg itself holds clean and rarely strays from the calm end of the stress scale, but liquidity is the soft spot: the DEX float across Ethereum, Polygon, and Viction is too thin to absorb size, and a couple of shallow sub-200-bps wobbles suggest the peg holds because almost nothing tests it. The BVI domicile with FinCEN MSB registration is regulatory limbo: enough paperwork to look legitimate, not enough to satisfy institutional compliance departments shopping for USDC alternatives. WUSD's white-label infrastructure for enterprise stablecoin issuance is the real product pitch, but a payments network needs volume, and volume needs liquidity that isn't here yet — and the {{term:custody}}custody{{/term}} story alone won't fix that.

## Collateral

Cash, cash equivalents, and short-term U.S. Treasury bills held in segregated accounts; Basel III-inspired 6% liquidity buffer maintained on non-cash reserves

## Peg Mechanism

Direct 1:1 redemption through WSPN; fiat minted/burned on deposit/withdrawal with reserves verified by independent third-party audits

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| British Virgin Islands | FinCEN (USA) | MSB registration (USA); VASP license application (BVI) |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x7cd017ca5ddb86861fa983a34b5f495c6f898c41` | 18 |
| polygon | `0x7cd017ca5ddb86861fa983a34b5f495c6f898c41` | 18 |
| viction | `0xba73e59f11597c1c13b0d9114688efb6a6d430f6` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/wusd-worldwide.