Record sog_issuer_bridge

Bridge

Stablecoin infrastructure and issuance organization identified as the issuer-side provider for USDH.

Category
Digital-asset service or infrastructure provider
Regulatory character
Regulated digital-asset service provider
Jurisdiction
United States
Scope: Country or territory
Connected assets
4
Relationships
4 current
0 historical

Reviewed identity

Organization summary

The primary category, regulatory character, jurisdiction, asset count, relationship count, and Evidence count are already shown above.

Stablecoin infrastructure and issuance organization identified as the issuer-side provider for USDH.

Legal form
Not recorded in canonical data
Functional roles
Legal issuer
Official website
https://www.bridge.xyz/
Record confidence
Medium
Last reviewed
2026-06-26

Connected assets

Relationships

Current, ended, and unknown relationships remain separate. Primary display is navigation only.
StablecoinRolePeriodStateLifecycle
MetaMask USDPrimary displayLegal issuer2025-09-15Not yet recordedActive relationshipActive
MGUSDPrimary displayLegal issuer2026-06-02Not yet recordedActive relationshipActive
Sui DollarPrimary displayLegal issuer2026-03-04Not yet recordedActive relationshipActive
USDHPrimary displayLegal issuerNot yet recordedNot yet recordedActive relationshipRestricted

MetaMask USD

Primary

Legal issuer

2025-09-15 – Present / not recorded

MGUSD

Primary

Legal issuer

2026-06-02 – Present / not recorded

Sui Dollar

Primary

Legal issuer

2026-03-04 – Present / not recorded

USDH

Primary

Legal issuer

Start not recorded – Present / not recorded

Material history

Events

The five latest typed events are shown first. Control actions remain linked to evidence.
DateEventTypeEffect
2026-06-02MoneyGram launches MGUSD on StellarLaunchLaunch and introductionRemained active
2026-03-04USDsui launches on Sui mainnetLaunchLaunch and introductionRemained active
2025-09-15MetaMask USD becomes availableLaunchLaunch and introductionRemained active
Not yet recordedUSDH enters migration periodMigrationMigration and rebrandRestricted or impaired

Provenance

Evidence

The first ten source records are shown initially. Source identity, publication date, reliability, and archive state remain separate.
8 source identities · 8 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
About USDH
Published Not yet recorded
USDHOfficial documentation or product page
Canonical: Official Documentation
Subject-controlled sourcePrimary sourceIdentity, Issuer, Operator, Product, Identity Issuer and OperatorArchive index or wildcardHigh
USDH reserves
Published Not yet recorded
USDHOfficial documentation or product page
Canonical: Official Documentation
Subject-controlled sourcePrimary sourceReserve, Attestation, Income Allocation, Backing, Reserve Composition Attestations and Income AllocationArchive index or wildcardHigh
USDH overview
Published Not yet recorded
USDHOfficial documentation or product page
Canonical: Official Documentation
Subject-controlled sourcePrimary sourceProduct, Backing, Issuer Role, Operator Role, Product Backing and Ecosystem RolesArchive index or wildcardHigh
USDH minting and redeeming
Published Not yet recorded
USDHOfficial documentation or product page
Canonical: Official Documentation
Subject-controlled sourcePrimary sourceMint, Redemption, Access, Settlement, Minting Redemption and AccessArchive index or wildcardHigh
USDH migration
Published Not yet recorded
USDHOfficial documentation or product page
Canonical: Official Documentation
Subject-controlled sourcePrimary sourceMigration, Lifecycle, Liquidity Transition, Support Status, Migration Lifecycle and Liquidity TransitionArchive index or wildcardHigh
MoneyGram Launches MGUSD, a Stablecoin to Power Its Own Global Network
Published 2026-06-02
MoneyGramOfficial statement or announcement
Canonical: Official Announcement
Subject-controlled sourcePrimary sourceIdentity, Issuer, Launch, Reference Asset, Deployment, Infrastructure, Mgusd Identity Launch Bridge Issuer Stellar M0 FireblocksArchive index or wildcardHigh
Sui Dollar launches with Bridge
Published 2026-03-04
SuiOfficial statement or announcement
Canonical: Official Announcement
Subject-controlled sourcePrimary sourceIdentity, Issuer, Launch, Reference Asset, Deployment, Usdsui Identity Bridge Issuer Sui Mainnet LaunchArchive index or wildcardHigh
Introducing MetaMask USD, our new stablecoin
Published 2025-09-15
MetaMaskOfficial statement or announcement
Canonical: Official Announcement
Subject-controlled sourcePrimary sourceIdentity, Issuer, Launch, Backing, Redemption, Deployment, Musd Identity Bridge Issuer Launch Treasury Backing Ethereum LineaArchive index or wildcardHigh
Official documentation or product page

About USDH

High
Publisher
USDH
Published
Not yet recorded
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Identity, Issuer, Operator, Product, Identity Issuer and Operator
Reliability
High
Official documentation or product page

USDH reserves

High
Publisher
USDH
Published
Not yet recorded
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Reserve, Attestation, Income Allocation, Backing, Reserve Composition Attestations and Income Allocation
Reliability
High
Official documentation or product page

USDH overview

High
Publisher
USDH
Published
Not yet recorded
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Product, Backing, Issuer Role, Operator Role, Product Backing and Ecosystem Roles
Reliability
High
Official documentation or product page

USDH minting and redeeming

High
Publisher
USDH
Published
Not yet recorded
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Mint, Redemption, Access, Settlement, Minting Redemption and Access
Reliability
High
Official documentation or product page

USDH migration

High
Publisher
USDH
Published
Not yet recorded
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Migration, Lifecycle, Liquidity Transition, Support Status, Migration Lifecycle and Liquidity Transition
Reliability
High
Official statement or announcement

Sui Dollar launches with Bridge

High
Publisher
Sui
Published
2026-03-04
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Identity, Issuer, Launch, Reference Asset, Deployment, Usdsui Identity Bridge Issuer Sui Mainnet Launch
Reliability
High
Official statement or announcement

Introducing MetaMask USD, our new stablecoin

High
Publisher
MetaMask
Published
2025-09-15
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Identity, Issuer, Launch, Backing, Redemption, Deployment, Musd Identity Bridge Issuer Launch Treasury Backing Ethereum Linea
Reliability
High
UncertaintyKnown unknowns8

Canonical Launch Date and First Mint

The exact first public launch, first mint, and first external circulation boundary remain unresolved.

Medium · last checked 2026-06-26

Launch date remains null rather than guessed.

Bridge Issuer Terms and Direct Redemption Agreement

The complete issuing-entity terms, holder claims, eligibility, fees, minimums, settlement timing, and emergency controls remain incomplete.

High · last checked 2026-06-26

Do not infer universal direct redemption.

Hypercore Hyperevm Contract and Authority Map

HyperCore token identity, linked HyperEVM contract, linking controls, deployer, mint, pause, and upgrade authorities remain incomplete.

High · last checked 2026-06-26

Deployments are recorded without unsupported identifiers.

Migration Timeline Final Support and Successor Liquidity

The migration start, treasury-deployer transition, final support date, redemption end state, and successor-liquidity boundary remain unresolved.

High · last checked 2026-06-26

Status remains limited and lifecycle winding down.

Reserve Attestation and Income Allocation Chronology

The complete reserve allocation, custodian, monthly attestation, and ecosystem-contribution income chronology remains incomplete.

Medium · last checked 2026-06-26

Reserve income is not treated as intrinsic holder yield.

Reserve Model Direct Redemption Holder Claim and Stellar Asset Identity

MoneyGram's reviewed launch announcement establishes MGUSD identity, 2026-06-02 U.S. launch, Bridge issuer role, M0 mint/burn infrastructure, Fireblocks wallet infrastructure and Stellar deployment, but reserve composition and assurance, direct issuer-redemption terms, holder claim structure, exact Stellar asset identifier and current control-role assignments are not established here.

Medium · last checked 2026-08-29

Do not infer reserve, redemption, legal or deployment identifiers beyond the reviewed primary launch source.

Reserve Direct Redemption Contract Identity and Controls

Sui launch material establishes USDsui identity, Bridge issuer role and Sui mainnet launch, but reserve composition, direct issuer-redemption terms, exact contract identity and control roles are not established here.

Medium · last checked 2026-08-30

Do not infer reserve or control details from the launch announcement.

Direct Redemption Terms Linea Identity Reserve Custody and Controls

MetaMask establishes mUSD identity, Bridge issuance, M0 infrastructure, 1:1 short-term Treasury backing and Ethereum/Linea availability, but complete direct issuer-redemption terms, Linea contract identity, reserve custody details and current control roles are not established here.

Medium · last checked 2026-08-30

Separate MetaMask rewards and Money Account yield are not treated as intrinsic mUSD yield.

Maintenance

Corrections and further reading

Report a record problem or inspect methodology and machine-readable data.