Classic USD
USC
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Classic USD (USC) is a functionally defunct fiat-collateralized stablecoin issued by Brale on Ethereum Classic and Ethereum. The token exhibits catastrophic functional failure: it has broken its $1.00 USD peg, trading between $0.825 and $0.883 (~17.5% depeg), while market capitalization has collapsed below $13,000 with negligible daily volume (~$5) and halted trading across tracked markets. Active development, governance updates, and third-party reserve attestations have ceased completely since its May 2024 launch, leaving holders with no transparent proof of reserve backing, no verifiable smart contract audit, and no viable redemption mechanism. A data gap was noted in Community Support due to absent community channels and search data (-1.0), which was excluded from scoring with its weight redistributed across remaining sections. With zero ongoing maintenance and total adoption failure, USC represents an extreme loss-of-capital risk.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Classic USD (USC)
Classic USD (USC) is an abandoned and functionally defunct fiat-collateralized stablecoin launched in May 2024 through a partnership between issuer Brale and EthereumClassic.com. Operating primarily on Ethereum Classic with an additional deployment on Ethereum, the token was designed to maintain a 1:1 value peg with the US dollar backed by fiat collateral.
The token's technical architecture incorporates upgradeable proxy contracts with multisignature controls and an emergency pause mechanism under the centralized control of Brale. However, the smart contracts have no documented third-party security audits, and the issuer has not published ongoing independent reserve attestations since the initial launch period to verify the backing collateral.
USC has suffered a significant depeg from its $1.00 target, trading down to approximately $0.825 (a depeg of roughly 17.5%). Active maintenance, governance proposals, and protocol upgrades have ceased, leaving the project with halted trading on tracked venues, negligible daily trading volume of approximately $5, a circulating supply of roughly 13,941 USC, and a market capitalization under $13,000.