Pilot Stablecoin
The pilot stablecoin page defines a named pilot scope, restricted circulation, and evidence-linked controls for pilot issuance.
What the pilot stablecoin is
The pilot stablecoin is a restricted activation track used in a named pilot program. It is designed for allowlisted circulation, reserve-linked evidence, and issuer-controlled operating rules.
This pilot program is separate from any production token or live issuer programme. It does not upgrade in place into production reserve coverage, public redemption, or general circulation.
Pilot at a glance
- Jurisdiction
- Singapore pilot program
- Operating bank path
- Used internally for issuer reserve operations
- Activation scope
- Allowlisted pilot wallets and approved redeemers
- Reference value statement
- 1 pilot-stablecoin unit = 1 USD inside the approved pilot scope
Public demo token reference
Use the SNXU demo token record for the canonical mint, Solana inspection link, metadata, and lineage proof.
DemoUnbackedNon-redeemable
- Public token
- SNXU
- Canonical mint
F5Se1mWY6BW2MgpoJF618hSRYqno8guWnMVPBaFDm523- Truth boundary
- Demo-only and separate from any future production-value token.
Pilot scope
- Allowlisted circulation within the approved pilot cohort.
- Reserve evidence, mint approval, and redemption operate inside the published pilot workflow.
- Issuer-controlled minting, transfer, and redemption scope.
- A dedicated pilot workflow linked to the general stablecoin definition and the production program model.
Value and controls
- Allowlisted holder cohort.
- Approved redeemer cohort.
- Issuer wallet allowlist and controlled transfers.
- Evidence basis spanning reserve, reconciliation, mint approval, governance, and legal review.