DescriptionLaunched in 2024, Classic USD (USC) is a fiat-collateralized stablecoin issued through a partnership between Brale and EthereumClassic.com. Classic USD is the premiere native stablecoin for Ethereum Classi's decentralized finance ecosystem, global payments, and on-chain fiat settlement. As of 2022, Ethereum Classic is the largest and most secure Proof-of-Work smart contract network in the world

Category:fiat-backed

Minting and RedemptionUSC, issued by Brale Inc., with Brale ensuring liquidity to meet redemption obligations and managing reserve allocations