USDMC
USD Merchant Coin
USD Merchant Coin is a fiat-backed stablecoin issued by Brale in partnership with TicketNetwork, your ticket to ecommerce transactions.
Benefits
Benefits of USDMC
Easy, secure ticket purchasing
Ticket brokers can use the industry's first stablecoin - USD Merchant Coin - to easily purchase inventory from other brokers using TicketNetwork's Mercury buying platform. Brokers now have the flexibility to buy as much as they want without the hassle of traditional ACH limits.
Reliably stable, always available
USD Merchant Coin can always be minted using Brale services through TicketNetwork's Coin Swap application at a rate of 1 USD Merchant Coin for 1 USD. USD merchant Coin can always be redeemed for cash at that same rate and deposited back to a traditional bank account.
Fully compliant, fully backed
Every dollar of USD Merchant Coin is backed by real money deposits into U.S. Treasuries in a manner fully compliant with the Genius Act. Supply and fiat balances are reconciled daily, and reserve management is audited by a third party monthly, ensuring financial institution-grade compliance.