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Record sog_st_sbc

SBCSBC

Also recorded as SBC, Brale SBC

Active

Lifecycle: Active
Issuance: Restricted
Reference target: US dollar
Primary organization: Brale
No additional recorded relationship
Launch: Not yet recorded
Redemption: Unknown
Backing: Unknown
Stabilization: Unknown
Last review: 2026-08-30
Evidence: 1 source record

Reviewed assessment

Identity and current state

This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.

Brale-issued U.S.-dollar-backed stablecoin natively supported on Canton and reviewed by Visa for institutional settlement use cases.

Name	SBC
Symbol	SBC
Aliases	SBC, Brale SBC
Asset class	Stablecoin
Lifecycle status	Active
Issuance status	Restricted
Canonical record ID	`sog_st_sbc`
Route slug	`brale-sbc`
Record confidence	High
Last reviewed	2026-08-30

Name: SBC
Symbol: SBC
Aliases: SBC, Brale SBC
Asset class: Stablecoin
Lifecycle status: Active
Issuance status: Restricted
Canonical record ID: sog_st_sbc
Route slug: brale-sbc
Record confidence: High
Last reviewed: 2026-08-30

Record coverage

Section	Entries
Organizations	1
Sources	1
Reserve reports	0
Reserve components	1
Model-history events	0
Regulatory notes	0
Deployments	1
Issuer-control actions	0
Open questions	1
Events	1

Material concerns

What the reviewed record does not let you assume

Active status and verified evidence are not safety endorsements. Unknown means the reviewed record does not support a stronger conclusion.

Reserve verification: Not independently evidenced in the registry
Redemption clarity: Unresolved
Material known unknowns: 1 open

Organizations and control

Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.

Governance: Centralized
Primary display organization: Brale
Primary display role: Legal issuer
Relationship coverage: 1 recorded relationship

Control and relationship coverage

Display selection mode: Deterministic Policy
Current relationships: 1
Ended relationships: 0
Unknown relationship state: 0
Freeze capability: 0 recorded yes · 0 recorded no · 1 not recorded
Blacklist capability: 0 recorded yes · 0 recorded no · 1 not recorded
Deployment control-event references: 1
Observed issuer-control events: 0

All current, ended, and unknown-state organization relationships
Organization	Organization category	Regulatory character	Jurisdiction	Role	Display priority	From	Until	Relationship status
Brale	Unknown or not yet classified	Unknown or unresolved	United States	Legal issuer	Primary display	Not yet recorded	Not yet recorded	Active relationship

Unknown or not yet classified

Brale

Primary display

Functional role: Legal issuer
Relationship status: Active relationship
Regulatory character: Unknown or unresolved
Jurisdiction: United States
From: Not recorded
Until: Not recorded

Mechanism

How the asset works

Primary operating facts are shown first. Classification and methodology details remain available below.

Reference target: US dollar
Public backing model: Unknown
Primary stabilization mechanism: Unknown
Redemption / exit model: Unknown
Valuation source: Public information is incomplete
Yield / rebase profile: No recorded change · Accrual: No recorded change

Classification and mechanism details

Reference kind: Fiat
Comparison category: US dollar
Target value: 1
Reference methodology: Visa describes SBC as a U.S.-dollar-backed stablecoin.
Canonical backing types: Unknown
Reserve component categories: Unknown
Recorded model description: USD Backed Structure Details Under Review
Classification notes: Brale issuance and Canton support are established; reserve and direct-redemption mechanics remain unknown.

Reserve and redemption

Recorded components, disclosures, reports, and redemption conditions remain explicit.

Reserve components

Exact reserve composition not established in the reviewed Visa sourceUnknown after review · Explicit unknown-state component; U.S.-dollar backing is established but allocation, custody and assurance are not inferred.

Reserve profile

Disclosure status	Reserve Details Not Established In Reviewed Visa Source
Backing types	Unknown after review
Summary	Visa establishes that SBC is U.S.-dollar-backed but does not establish reserve composition, allocation, custody or assurance reporting.
As of	2026-06-04
Profile confidence	High

Disclosure status: Reserve Details Not Established In Reviewed Visa Source
Backing types: Unknown after review
Summary: Visa establishes that SBC is U.S.-dollar-backed but does not establish reserve composition, allocation, custody or assurance reporting.
As of: 2026-06-04
Profile confidence: High

Redemption profile

Current status	Unknown after review
Settlement asset	Unknown after review
Eligible parties	Direct holder redemption eligibility is not established in the reviewed Visa source.
Retail access	Unknown after review
Institutional access	institutional settlement proof-of-concept context only
Minimum amount	Unknown after review
Fee	Unknown after review
Settlement time	Unknown after review
Regional limits	Product Access and Redemption Terms Require Primary Brale Review

Current status: Unknown after review
Settlement asset: Unknown after review
Eligible parties: Direct holder redemption eligibility is not established in the reviewed Visa source.
Retail access: Unknown after review
Institutional access: institutional settlement proof-of-concept context only
Minimum amount: Unknown after review
Fee: Unknown after review
Settlement time: Unknown after review
Regional limits: Product Access and Redemption Terms Require Primary Brale Review

Reserve and attestation history

Date	Publisher	Type	Assets covered	Record confidence
No reserve reports have been added yet.

No reserve reports have been added yet.

Deployments and legal context

Network state, contract identity, legal notices, and value states remain separate.

Blockchain deployments

Network	Standard	Deployment type	Operational state	Contract or identifier
Canton Network	Canton asset	Issuer- or institution-supported deployment	Active	Identifier not recorded
Technical, canonicality, and control fields Network record state Specific network recorded Canonical deployment type Issuer Native Token Recorded status Active Change or proposal state No separate change state recorded Canonicality Issuer-native deployment Canonicality record state Canonicality recorded Verification state Source-linked record; identifier not recorded Contract identity state Identifier not recorded Freeze Not yet recorded Blacklist Not yet recorded Control events 1 Notes Visa states SBC is natively supported on Canton. Exact Canton instrument identifier and administrative controls are not established in the reviewed source.

Network

Canton Network

Active

Standard: Canton asset
Deployment type: Issuer- or institution-supported deployment
Contract or identifier: Identifier not recorded

Technical, canonicality, and control fields

Network record state: Specific network recorded
Canonical deployment type: Issuer Native Token
Recorded status: Active
Change or proposal state: No separate change state recorded
Canonicality: Issuer-native deployment
Canonicality record state: Canonicality recorded
Verification state: Source-linked record; identifier not recorded
Contract identity state: Identifier not recorded
Freeze: Not yet recorded
Blacklist: Not yet recorded
Control events: 1
Notes: Visa states SBC is natively supported on Canton. Exact Canton instrument identifier and administrative controls are not established in the reviewed source.

Regulatory and official notices

Date	Title	Authority / publisher	Type	Summary
No regulatory notes have been added yet.

No regulatory notes have been added yet.

Evidence

Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.

1 source identity · 1 evidence relation
Source	Publisher	Source category	Provenance	Primary or secondary	Supported claims	Archive	Reliability
Visa and Brale Explore Private Stablecoin Settlement for Institutional Payments Published 2026-06-04	Visa	Official statement or announcement Canonical: Official Announcement	Subject-controlled source	Primary source	Identity, Issuer, Backing, Deployment, Institutional Use, Sbc Identity Brale Issuer USD Backing Canton Support	Archive index or wildcard	High

Official statement or announcement

Visa and Brale Explore Private Stablecoin Settlement for Institutional Payments

High

Publisher: Visa
Published: 2026-06-04
Provenance: Subject-controlled source
Primary or secondary: Primary source
Supported claims: Identity, Issuer, Backing, Deployment, Institutional Use, Sbc Identity Brale Issuer USD Backing Canton Support
Archive: Archive index or wildcard
Reliability: High

Known unknowns

Known unknowns and coverage

Missing or disputed facts remain visible instead of being converted into certainty.

Open questions

Topic	What remains unclear	Value state	Priority	Last checked
Original Launch Reserve Redemption Holder Claim and Controls	Visa establishes SBC identity, Brale issuer role, U.S.-dollar backing and Canton support, but original launch date, reserve composition, assurance reporting, holder claim, direct redemption terms and control roles are not established here.	Unknown after review	Medium	2026-08-30

Original Launch Reserve Redemption Holder Claim and Controls

Visa establishes SBC identity, Brale issuer role, U.S.-dollar backing and Canton support, but original launch date, reserve composition, assurance reporting, holder claim, direct redemption terms and control roles are not established here.

Value state: Unknown after review
Priority: Medium
Last checked: 2026-08-30

Lifecycle

History

Current classification remains separate from dated changes and incidents.

Model and lifecycle changes

No separate model-change event is currently recorded.

Event timeline

Date	Event	Category	Subtype	Status effect	Recovery
2026-06-04	Visa and Brale announce SBC Canton settlement proof of concept	Other material event	Integration	Remained active	Not applicable

Related records and corrections

Corrections and further reading

Open connected records, methodology, machine-readable data, or report a correction.