Quick Access: Issue ssUSD | Redeem for USD | Check Reserves | View Attestations

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🪙 What is StateSet USD (ssUSD)?

StateSet USD (ssUSD) will be a fully-backed, regulatory-compliant stablecoin designed for instant global commerce. ssUSD combines the stability of the US dollar with the efficiency of blockchain technology.

1:1 USD Backing

Every ssUSD is backed by $1 in secure, audited reserves

Instant Settlement

Sub-second finality on StateSet, instant bridging to other chains

Full Compliance

GENIUS Act compliance with monthly attestations and criminal penalties for misreporting

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💰 Reserve Composition

Our conservative reserve structure ensures ssUSD stability and liquidity:
Asset TypeAllocationDescriptionRisk Level
U.S. Dollar Cash10%FDIC-insured deposits at regulated banks● Minimal
Treasury Bills70%U.S. T-Bills with ≤93 days maturity● Minimal
Government MMFs15%Government-only money market funds● Minimal
Overnight Repos5%Tri-party repo agreements● Low

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🔑 Key Features

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📊 API Capabilities

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Core Operations

Issue ssUSD

Mint new ssUSD tokens upon receipt of USD. Requires issuer permissions.
POST /v1/stablecoin/issue

Redeem for USD

Burn ssUSD and receive USD via ACH/wire. T+1 settlement.
POST /v1/stablecoin/redeem

Transfer ssUSD

Send ssUSD between addresses. Supports single and batch transfers.
POST /v1/stablecoin/transfer

Check Balance

Query ssUSD balance for any address across all supported chains.
GET /v1/stablecoin/balance/{address}

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Analytics & Compliance

View Reserves

Real-time reserve composition and historical data
GET /v1/stablecoin/reserves

Attestations

Access monthly CPA-signed reserve reports
GET /v1/stablecoin/attestations

Transaction History

Query transaction history with advanced filtering
GET /v1/stablecoin/transactions

Analytics

Supply metrics, velocity, and usage statistics
GET /v1/stablecoin/analytics

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🚀 Quick Start Example

import { StateSet } from '@stateset/sdk';

const stateset = new StateSet({
  apiKey: 'sk_test_...'
});

// Check ssUSD balance
const balance = await stateset.stablecoin.balance({
  address: 'stateset1abc...'
});

// Transfer ssUSD
const transfer = await stateset.stablecoin.transfer({
  to: 'stateset1xyz...',
  amount: '100.00',
  memo: 'Payment for invoice #123'
});

// View current reserves
const reserves = await stateset.stablecoin.reserves();
console.log(`Total reserves: $${reserves.total_usd}`);

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💡 Use Cases

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Online Payments

  • Accept ssUSD for instant settlement
  • No chargebacks or payment reversals
  • Lower fees than credit cards
  • Global reach without currency conversion
// Accept payment
const payment = await stateset.payments.create({
  amount: 99.99,
  currency: 'ssusd',
  description: 'Premium subscription'
});

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🔒 Security & Compliance

All ssUSD operations require proper authentication and may be subject to compliance checks based on amount and jurisdiction.

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Security Features

  • Multi-signature wallets for large transactions
  • Hardware security module (HSM) key storage
  • Rate limiting and fraud detection
  • Webhook signatures for secure notifications

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Compliance Requirements

  • KYC/AML verification for issuance/redemption
  • Transaction monitoring for suspicious activity
  • Sanctions screening via Chainalysis
  • Tax reporting (1099 forms for US entities)

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📈 Performance

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< 1 second

Transaction finality

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10,000+ TPS

Network capacity

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$0.01

Average tx cost

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🆘 Support & Resources

Integration Guide

Step-by-step guide to integrate ssUSD

GitHub Examples

Sample code and reference implementations

API Status

Real-time API status and uptime

Contact Sales

Enterprise support and custom solutions