Transparency

 

CUUSD is a U.S. dollar-denominated payment stablecoin being developed for institutional payment and settlement use cases. CUUSD is not currently authorized, issued, offered for sale, redeemable or operational. The information contained on this website reflects current planning assumptions, design objectives and anticipated program features. The content is illustrative in nature and subject to material revision, modification or withdrawal based on regulatory developments, supervisory feedback, technological considerations, operational requirements and business decisions.

No person or organization should rely on information contained on this website as a commitment, promise or guarantee regarding the future operation, availability, approval, functionality or terms of CUUSD.

CUUSD Ethereum Contract Address

CUUSD has been deployed to the Ethereum network. Its official contract address is provided below for transparency and on-chain reference. Always confirm the contract address via www.CUUSD.com before interacting with any token claiming to be CUUSD.

Network: Ethereum
Contract Address: 0x7f7bfAab710772bB29543e3d120fDaf2fC36389D

Please note that CUUSD is not yet publicly available. Additional information regarding availability, access and supported integrations will be published as the program progresses.

The existence of a blockchain smart contract does not indicate that CUUSD is available for public purchase, issuance, redemption, transfer or use. Any participation in pilot activities remains subject to applicable legal, contractual, operational and regulatory requirements.

Regulatory Status

CUUSD has been deployed on the Ethereum blockchain in connection with a limited pilot initiative. The regulatory framework governing payment stablecoins continues to evolve, including under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) and any applicable implementing regulations.

Regulatory approval to operate as a permitted payment stablecoin issuer has not been granted and is not guaranteed. We intend to seek all applicable regulatory approvals and authorizations required for future issuance, redemption, participation and operational use of CUUSD. Any broader availability or operational use of CUUSD will remain subject to applicable legal, regulatory, supervisory and program requirements.

Intended Purpose

CUUSD is being designed as a payment stablecoin intended to support institutional payment, settlement, treasury and liquidity management use cases.

CUUSD is being developed to support regulated financial institutions, including credit unions and other eligible institutional participants.

CUUSD is not intended for:

• Retail consumer use
• Peer-to-peer consumer payments
• Investment purposes
• Speculative trading activities

CUUSD is intended to function as a utility-focused payment instrument and is not being developed as an investment product.

Intended Reserve Framework

Maintaining confidence, stability and transparency is a core design objective of the CUUSD initiative.

Subject to regulatory approval and final program design, CUUSD is intended to be supported by reserve assets designed to maintain a stable value relative to the U.S. dollar.

Current design objectives include:

• Reserve-backed support for issued stablecoins
• Segregation of reserve assets from operating funds
• Liquidity-focused reserve management practices
• Transparency regarding reserve composition and issuance
• Independent review, reporting or attestation processes, as required by applicable law(s)

Reserve structures, asset composition, reporting methodologies and related policies remain subject to regulatory requirements and final program approval.

Intended Compliance Framework

CUUSD is being designed with the objective of operating within a robust compliance and risk-management framework appropriate for institutional payment systems. Subject to regulatory approval and final program design, anticipated program controls may include:

• Know-your-business (KYB) due diligence procedures
• Anti-money laundering (AML) controls
• Bank Secrecy Act (BSA) compliance measures
• OFAC and sanctions screening
• Transaction monitoring processes
• Escalation and issue-management procedures
• Fraud-prevention controls
• Recordkeeping and reporting processes required by applicable law

Descriptions of anticipated controls reflect current design objectives only and should not be interpreted as evidence of existing operational capabilities.

Intended Technology and Operational Controls

CUUSD is being designed with the objective of supporting secure, reliable and resilient digital asset operations. Current design objectives may include:

• Segregated custody arrangements
• Digital asset security controls
• Multi-party approval workflows
• Key-management procedures
• Business continuity and operational resilience measures
• Capabilities necessary to comply with lawful orders and legal process

All technology, custody and operational controls remain subject to ongoing development, regulatory requirements and final program approval.

Institutional Participation and Pilot Planning

Prior to full-scale implementation, CUUSD may be evaluated through limited pilot activities, subject to applicable legal and regulatory requirements. Organizations that express interest in CUUSD do not receive any rights, entitlements or preferential access to future participation. Any pilot activities that may occur in the future will be conducted in accordance with applicable regulatory requirements and may be modified, delayed or discontinued at any time. Expressions of interest are non-binding and are intended solely to facilitate information sharing, stakeholder engagement and program feedback.

Our Commitment to Online Security

Protecting participants and safeguarding digital assets are foundational principles of the CUUSD ecosystem. To help prevent fraud, please remember that CUUSD representatives will never contact you first through direct messages on social media platforms and will never request your seed phrase, private keys, passwords or wallet credentials. Any request for this information should be considered fraudulent and reported immediately.

Official Sources of Information

The websites and social media handles below are the official sources of news, announcements and updates regarding CUUSD.