CUSD FAQs
What is CUSD?
CUSD is a privacy-first, USD-backed stablecoin created by Send and issued by Brale, backed 1:1 with USD-denominated reserves. "Privacy-first" means the system is designed so that privacy is the default, while still supporting compliance when needed.
What are CUSD's core privacy features?
- Confidential transfers (transaction amounts and counterparties are private)
- Selective disclosure (you can share information with auditors or regulators when required)
- Privacy-preserving API access (integrations maintain confidentiality)
Who is responsible for CUSD, and what does each partner do?
- Send: Product owner and distributor; integrates CUSD across its apps.
- Brale: Regulated issuer; handles compliance, monitoring, and mint/redeem.
What backs CUSD, and how is the peg maintained?
CUSD is fully backed 1:1 by USD-denominated reserves. The peg is supported through 1:1 collateral, liquidity, and programmatic mint/redeem.
Is CUSD fully collateralized? How do I know reserves are real?
Yes. CUSD is fully collateralized 1:1 by USD-denominated reserves managed through Brale.
What makes CUSD privacy-first, and how do confidential transfers work?
CUSD supports confidential transfers (amounts and counterparties are private) and selective disclosure for compliance when needed.
How do I get, hold, or use CUSD as a retail user?
You can hold, send, and use CUSD inside Send Safe. More access points will be added as integrations expand.
What can I do with CUSD inside the Send ecosystem?
- Send App: Hold and transfer privately
- Send Safe: Enterprise multi-sig storage
- Pool Party: Confidential AMM swaps
- More integrations will be added as products roll out.
How are CUSD reserve economics used?
Reserve economics attributable to CUSD (after Brale's 10% management fee) are directed to the CUSD Treasury for $CC token repurchases and ecosystem operations. CUSD holders do not directly receive yield, interest, or distributions from reserve economics.
When do $CC buy backs happen?
$CC buy backs occur 4 times per month on the 7th, 14th, 21st, and 28th.
How frequently are reserves reported or attested?
Reserves are reported monthly. A revenue report is generated by Brale and uploaded to the Reserves Report page.
Can CUSD be integrated into other apps, wallets, or financial systems?
Yes. Integrations can be done through Brale’s issuance APIs and Send’s programmatic APIs.
How do I get support or integration assistance for CUSD?
For support, reach out through the Send app or visit our community channels. For institutional or integration inquiries, contact the team directly.
Are there jurisdictional restrictions for CUSD?
CUSD availability may be restricted in certain jurisdictions based on applicable laws and regulations. Brale, as the regulated issuer, enforces compliance requirements including KYC/AML screening. Users are responsible for ensuring that their use of CUSD complies with local laws.