Stable Coin (SBC) is a fiat-backed US dollar stablecoin. It has about $21.7M in circulation, ranking #105 among the stablecoins CoinScoop tracks, and runs on 6 blockchains.
What is SBC?
Stable Coin (SBC) is a fiat-backed US dollar stablecoin. It has about $21.7M in circulation, ranking #105 among the stablecoins CoinScoop tracks, and runs on 6 blockchains.
In the issuer's words: Stable Coin (SBC) is a payments-focused stablecoin issued by Brale and Stable Coin Inc. It emphasizes redeemability, regulatory compliance, and transparency, offering a reliable USD-pegged asset supported by tools that enable seamless, gasless payment integrations.
SBC supply history
SBC supply grew 110.6% over the past 30 days, to $21.7M. It is at or near its all-time high.
Is SBC holding its peg?
SBC is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where SBC lives: supply by blockchain
Supply is concentrated: Solana holds 92% of all SBC. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How SBC is backed
Each SBC is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Minting and redemption: SBC can be minted and redeemed directly through Brale’s platform under standard KYC/AML requirements. All tokens are fully backed and redeemable 1:1, ensuring transparent and compliant issuance aligned with established financial practices.
SBC risks
Your claim is on the issuer and the banks or funds holding its reserves. A failure or freeze there can break the peg, as USDC briefly did in March 2023.
Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.
With $21.7M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.
Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
SBC vs USDT and USDC
Similar fiat-backed stablecoins
See all →SBC in the news
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SBC FAQ
What is SBC?
Stable Coin (SBC) is a fiat-backed US dollar stablecoin. It has about $21.7M in circulation, ranking #105 among the stablecoins CoinScoop tracks, and runs on 6 blockchains.
Is SBC pegged 1:1 to the US dollar?
SBC targets 1 USD. At the last update it traded at $0.9991, a deviation of -0.09%, which we classify as "on peg".
What backs SBC?
SBC is a fiat-backed stablecoin. Each SBC is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Which blockchains is SBC on?
SBC is live on 6 blockchains. The largest by supply are Solana ($15.8M), Ethereum ($1.3M), Stellar ($20K).
How much SBC is in circulation?
About $21.7M of SBC was in circulation at the last update, +110.6% over 30 days. That makes it the #105 stablecoin by supply among those we track.
Is SBC safe?
No stablecoin is risk-free. As a fiat-backed design, SBC's main risks are reliance on the issuer and its banks or custodians, how transparent the reserves are, the issuer's ability to freeze tokens, and regulatory action. Its supply is small, so liquidity can be thin. It currently shows "on peg" on our peg monitor. This page is information, not investment advice.
