PUSD, issued by Pleasing Gold, is a U.S. dollar-pegged stablecoin that represents a redeemable claim intended to maintain a one-to-one value against the U.S. dollar (USD) through issuer-maintained reserves and collateral mechanisms.

Holders of PUSD hold a token referencing the U.S. dollar (USD) at a one-to-one peg, with each token stated by the issuer to be redeemable for one USD. The economic value tracks the U.S. dollar rather than any yield-bearing instrument, and the token does not represent an equity, debt, or fund interest. Reserve and collateral arrangements support the peg according to the issuer's product record.

Pleasing Gold issues PUSD and maintains the reserve and collateral mechanisms that support the token's one-to-one redeemability against the U.S. dollar (USD). The issuer's product record characterizes PUSD as a stablecoin backed by reserves, with each token presented as redeemable for one USD. The reserve composition, custodian, attestation provider, jurisdiction of formation, applicable regulator, eligibility and offering restrictions, the precise legal form of the tokenholder claim, and the specific redemption procedure and any minimums are recorded among the unavailable fields below rather than asserted in this description.

PUSD is issued onchain as a U.S. dollar-pegged stablecoin redeemable for one U.S. dollar (USD) per token according to the issuer's product record. The token standard, the specific supported blockchain networks, the mint and burn mechanics, settlement timing, and any reserve attestation or oracle publication mechanism are recorded among the unavailable fields below.

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Stablecoins

Pleasing Gold issues tokenized gold (PGOLD) and USD stablecoin (PUSD) on Arbitrum, providing digital representations of physical gold and fiat currency backed by reserves.

A digital asset issuer providing tokenized gold and USD stablecoin products on the Arbitrum blockchain for secure, transparent value storage and transfers.

Investors seeking exposure to tokenized gold and stablecoin products on blockchain networks.

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Stablecoin issuers

Pleasing Gold

Pleasing USD (PUSD) is a U.S. dollar stablecoin issued by Pleasing Gold.

Holders can mint and redeem directly with Pleasing Gold in USDT after completing KYC.

PUSD has been issued on Arbitrum One as an ERC-20 token since October 2025.

Pleasing USDPUSD

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