Stable or Gone
Organization record
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Record sog_issuer_mainstreet_finance

MainStreet Finance

Operator of MainStreetUSD / msUSD and the separate msY yield strategy product.

Category
Company or corporate group
Regulatory character
Not recorded in canonical data
Jurisdiction
British Virgin IslandsCountry or territory
Connected assets
1
Relationships
1 current0 historical
Evidence
5 source records

Identity and taxonomy

Overview

Public classification, legal-form state, jurisdiction, roles, confidence, and review state remain explicit.
Organization categoryCompany or corporate group
Canonical organization typeFinancial Technology Company
Legal formNot recorded in canonical data
Legal-form stateNot Recorded
Regulatory characterNot recorded in canonical data
JurisdictionBritish Virgin Islands
Jurisdiction scopeCountry or territory
Functional rolesProtocol operator
Relationship statesActive relationship
Primary display relationships1
Official websitehttps://mainstreet.finance/
Record confidenceMedium
Last reviewed2026-06-22
Category
Company or corporate group
Regulatory character
Not recorded in canonical data
Jurisdiction
British Virgin Islands
Jurisdiction scope
Country or territory
Functional roles
Protocol operator
Record confidence
Medium

Connected assets

Relationships

Current, ended, and unknown relationships remain separate. Primary display is navigation only.
StablecoinSymbolFunctional roleDisplayFromUntilStateLifecycle
MainStreetUSDmsUSDProtocol operatorPrimary displayNot yet recordedNot yet recordedActive relationshipRestricted

MainStreetUSD

Primary display
Role
Protocol operator
State
Active relationship
From
Not recorded
Until
Not recorded

Material history

Events

Typed events and organization control actions remain linked to evidence.
DateEventCategorySubtypeStatus effect
2026-06-20Accountable terminates verification services for MainStreetReserve changeReserve Verification TerminationRestricted or impaired
2026-06-20msUSD suffers severe market depegDepeg and peg stressDepegRestricted or impaired

Provenance

Evidence

Source identity, publication date, reliability, archive state, and relation count remain separate.
5 source identities · 5 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
Welcome to MainStreet
Published Not yet recorded		MainStreet FinanceOfficial documentation or product page
Canonical: Official Documentation		Subject-controlled sourcePrimary sourceIdentity, Claimed Usdc Backing, Claimed One to One Redemption, Msy Boundary, Identity Backing and Product BoundaryArchive index or wildcardHigh
msUSD redemption process
Published Not yet recorded		MainStreet FinanceOfficial documentation or product page
Canonical: Official Documentation		Subject-controlled sourcePrimary sourceKyc, Redemption, Usdc Settlement, Seven Day Cooldown, Concurrent CapacityArchive index or wildcardHigh
MainStreet key addresses
Published Not yet recorded		MainStreet FinanceOfficial documentation or product page
Canonical: Official Documentation		Subject-controlled sourcePrimary sourceEthereum Contract, msUSDV2, Legacy Contract Boundary, Layerzero Oft, Deployment and LineageArchive index or wildcardHigh
A single vendor termination just wiped 88% off a stablecoin that called itself institutional-grade
Published 2026-06-21		Startup FortuneIndependent news or analysis
Canonical: News Report		Independent third-party sourceSecondary sourceAccountable Termination, Verification Standards, Depeg, Reported Intraday Low, Unconfirmed Insolvency, Verification Termination and Severe DepegArchive index or wildcardMedium
MainStreet Finance
Published Not yet recorded		MainStreet FinanceOfficial documentation or product page
Canonical: Official Website		Subject-controlled sourcePrimary sourceOperator Identity, Product IdentityArchive index or wildcardHigh

Uncertainty

Known unknowns

Reviewed gaps remain visible instead of being converted into false certainty.

exact_launch_date

The reviewed sources do not establish one day-level MainStreetUSD launch boundary.

Severity
Low
Last checked
2026-06-22

Keep launch_date null.

accountable_primary_post_url_and_timestamp

The exact Accountable primary-post URL and timestamp for the service termination have not yet been preserved in the evidence layer.

Severity
High
Last checked
2026-06-22

Do not invent a primary-source URL.

current_reserve_sufficiency

Current USDC reserve sufficiency and any reserve deficit remain unconfirmed after public verification visibility was lost.

Severity
High
Last checked
2026-06-22

Do not infer insolvency from market price alone.

current_redemption_execution

Current successful redemption volume, waiting time, capacity usage, rejection rate, and settlement performance are not established.

Severity
High
Last checked
2026-06-22

Documented redemption rules do not prove current execution.

issuer_incident_response

A complete issuer response addressing the verification termination, reserve status, and recovery mechanism has not been normalized.

Severity
High
Last checked
2026-06-22

Monitor official channels.

sustainable_peg_recovery

A temporary price rebound does not establish sustainable recovery to the one-dollar peg.

Severity
High
Last checked
2026-06-22

Require sustained market and redemption evidence.

msy_and_lending_market_contagion

Realized losses, bad debt, liquidations, oracle failures, or withdrawal restrictions in msY-linked lending and vault systems are not yet established for SOG.

Severity
High
Last checked
2026-06-22

Downstream platform effects remain separate from the msUSD asset record.

Maintenance

Corrections and further reading

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