SBC, issued by Stablecoin Inc., is a fiat-backed stablecoin that is presented as exchangeable 1:1 for one U.S. dollar (USD) and is natively issued across multiple blockchain networks for payments use by developers and businesses. [S1]

Each SBC tracks the U.S. dollar (USD) at a 1:1 peg and is described as always fully backed by fiat reserves maintained at that ratio. [S1] SBC is a price-stable payment instrument, not a return-bearing one, and the issuer discloses no yield, interest pass-through, NAV accrual, or rebasing. [S1] The Terms of Service state fees may apply to certain transactions or services and will be disclosed at the time of the transaction, with users bearing applicable taxes and regulatory fees. [S2]

The issuing entity is Stablecoin Inc., operating as Stablecoin.xyz, with a U.S. presence and a California governing-law provision in its Terms of Service. [S2][S3] The Terms characterize SBC as a digital asset pegged to a stable value and provide services as is, while the homepage frames SBC as redeemable 1:1 for USD with reserve management and third-party attestations supplied by partner Brale to support U.S.-regulated backing. [S1][S2] Users must be at least 18 or the legal age in their jurisdiction, hold legal capacity, and comply with applicable laws; SBC smart contracts comply with U.S. Sanctions and BSA requirements. [S1][S2]

SBC moves across blockchains without duplicating supply, using custom multi-party computation (MPC) infrastructure for signing, minting, and burning across chains. [S1] The developer documentation references the Radius network, Radius Testnet, and a Canton Network entry, and emphasizes ERC-4337 account abstraction. [S4] A SBC Token List of multi-chain addresses is referenced. [S4]

<Sources
  retrievedAt="2026-06-23"
  items={[
    { id: "S1", url: "https://stablecoin.xyz/" },
    { id: "S2", url: "https://stablecoin.xyz/legal/terms-of-service" },
    { id: "S3", url: "https://stablecoin.xyz/legal/privacy-policy" },
    { id: "S4", url: "https://docs.stablecoin.xyz/" },
  ]}
/>


# Asset Price methodology

## 1. Overview

Asset price represents the closing USD value of a tokenized asset at the end of each day. Daily prices are recorded to facilitate the valuation of on-chain activity and the calculation of market capitalization. Each price point reflects the market value at the conclusion of the UTC day.

## 2. Data sources

- **Asset metadata**: Token contract addresses, ticker identifiers, and on-chain launch timestamps
- **External data**: End-of-day price feeds and exchange rate feeds from market data providers
- **Blockchain data**: Data covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others) and non-EVM chains such as Solana, Aptos, and Near

## 3. Step-by-step calculation

### Component A: Market data retrieval

- **Purpose**: Collect raw daily price information
- **Logic**: Daily price data is retrieved from external market data providers. For assets pegged to specific currencies, prices are calculated using a multiplier and daily exchange rates. For assets traded on traditional exchanges where data is unavailable on certain days, such as weekends or holidays, missing values are filled with the last available closing price.

### Component B: Timestamp normalization

- **Purpose**: Align price data with daily reporting periods
- **Logic**: Timestamps are truncated to the daily grain. To accurately reflect the closing value, prices recorded at the start of a day (00:00:00 UTC) are assigned to the preceding calendar day.

### Component C: Asset mapping and deduplication

- **Purpose**: Associate prices with unique assets and resolve data overlaps
- **Logic**: Prices are mapped to assets using unique identifiers for EVM-compatible and non-EVM chains. To ensure data integrity, price records are filtered to include only those occurring on or after the asset's on-chain launch date. In instances where price data for a single asset is available from multiple sources, the data is deduplicated by selecting the record with the highest priority to ensure a single, consistent closing price.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Asset price

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Stablecoin issuers

Stable Coin

Stable Coin (SBC) is a U.S. dollar stablecoin issued by Stable Coin through Brale Inc.

Institutions can mint and redeem directly with Stable Coin.

SBC has been issued on public blockchains since August 2022 and is native to 8 networks, including Avalanche, Ethereum, Polygon, Stellar, Base, and OP Mainnet, with a bridged version on one more network.

Stable CoinSBC