Pleasing USD
PUSD #12135 DANGER
This coin has triggered a critical safety failure. Do not buy, swap, or interact with this token.
Pleasing Golden is an RWA platform that transforms precious metals into liquid, yield-generating tokens accessible to anyone, anywhere. Pleasing Golden’s vision is to make gold ownership open, liquid, and collaborative. Through tokenization and a suite of liquidity-sharing programs—including DeFi liquidity leasing and Tokenization-as-a-Service—the brand transforms slow, closed markets into dynamic, programmable assets that can circulate instantly among builders, traders, and holders.
PUSD is Pleasing Golden’s synthetic stablecoin connecting on-chain liquidity with the physical gold ecosystem. Backed by a hybrid reserve of USDT collateral and tokenized metal exposure, PUSD enables real-time financing and settlement throughout the network.
The model connects:
- Depositors — deposit USDT, receive PUSD, and stake it into sPUSD for yield.
- Investors — traders or asset managers seeking stable liquidity with gold-linked returns.
- Operators — metals participants using PUSD to unlock working capital and accelerate settlement.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
CRITICAL DANGER: Pleasing USD has triggered a critical safety failure because it has depegged from its intended 1:1 value. It is trading around $0.0037 instead of $1, meaning redemption and value preservation are no longer reliable. Treat this stablecoin as extremely dangerous and do not assume it will recover, according to security analysis and depeg indicators.
On-chain data and market tracking show the stablecoin is far from its target peg and is behaving like an unbacked or failing asset rather than a stable $-denominated token. With a major deviation and a depeg flag present, holders face immediate value loss risk and uncertain redemption pathways.
Avoid Pleasing USD entirely. If you already hold it, do not rely on price stability or automatic peg recovery, and consider exiting to safer, well-pegged assets first.
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StreetInsider · 2025-10-29
- ✓Pleasing Golden documentation states PUSD is 1:1 redeemable to USDT and describes compliance/security checks for redemptions.
- ✓Multiple references consistently identify the Arbitrum PUSD contract address as 0xc8fb643d18f1e53698cfda5c8fdf0cdc03c1dbec.
- ✓A mainstream press release-style announcement (GlobeNewswire via StreetInsider) describes the Pleasing Golden platform launch and PUSD introduction.
- ✗Stablecoin has depegged from its target
- ✗No independently verifiable, token-scoped reserve or audit materials for PUSD were found in the web results (only broader ecosystem documentation was located).
- ✗Some third-party sites describe PUSD backing/mechanics with conflicting or unverified detail; token-scoped primary sources were limited.
Price Chart
Contract Security
0xc8fb643d18f1e53698cfda5c8fdf0cdc03c1dbec