Record sog_issuer_mainstreet_finance
MainStreet Finance
Operator of MainStreetUSD / msUSD and the separate msY yield strategy product.
- Category
- Company or corporate group
- Regulatory character
- Not recorded in canonical data
- Jurisdiction
- British Virgin Islands
Scope: Country or territory - Connected assets
- 1
- Relationships
- 1 current
0 historical - Evidence
- 5 source records
Reviewed identity
Organization summary
The primary category, regulatory character, jurisdiction, asset count, relationship count, and Evidence count are already shown above.Operator of MainStreetUSD / msUSD and the separate msY yield strategy product.
- Legal form
- Not recorded in canonical data
- Functional roles
- Protocol operator
- Official website
- https://mainstreet.finance/
- Record confidence
- Medium
- Last reviewed
- 2026-06-22
Connected assets
Relationships
Current, ended, and unknown relationships remain separate. Primary display is navigation only.| Stablecoin | Role | Period | State | Lifecycle |
|---|---|---|---|---|
| MainStreetUSDPrimary display | Protocol operator | Not yet recorded – Not yet recorded | Active relationship | Restricted |
MainStreetUSD
PrimaryProtocol operator
Start not recorded – Present / not recordedMaterial history
Events
The five latest typed events are shown first. Control actions remain linked to evidence.| Date | Event | Type | Effect |
|---|---|---|---|
| 2026-06-20 | Accountable terminates verification services for MainStreet | Reserve Verification TerminationReserve change | Restricted or impaired |
| 2026-06-20 | msUSD suffers severe market depeg | DepegDepeg and peg stress | Restricted or impaired |
Accountable terminates verification services for MainStreet
Reserve Verification Termination
Restricted or impairedmsUSD suffers severe market depeg
Depeg
Restricted or impairedProvenance
Evidence
The first ten source records are shown initially. Source identity, publication date, reliability, and archive state remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Welcome to MainStreet Published Not yet recorded | MainStreet Finance | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Identity, Claimed Usdc Backing, Claimed One to One Redemption, Msy Boundary, Identity Backing and Product Boundary | Archive index or wildcard | High |
| msUSD redemption process Published Not yet recorded | MainStreet Finance | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Kyc, Redemption, Usdc Settlement, Seven Day Cooldown, Concurrent Capacity | Archive index or wildcard | High |
| MainStreet key addresses Published Not yet recorded | MainStreet Finance | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Ethereum Contract, msUSDV2, Legacy Contract Boundary, Layerzero Oft, Deployment and Lineage | Archive index or wildcard | High |
| A single vendor termination just wiped 88% off a stablecoin that called itself institutional-grade Published 2026-06-21 | Startup Fortune | Independent news or analysis Canonical: News Report | Independent third-party source | Secondary source | Accountable Termination, Verification Standards, Depeg, Reported Intraday Low, Unconfirmed Insolvency, Verification Termination and Severe Depeg | Archive index or wildcard | Medium |
| MainStreet Finance Published Not yet recorded | MainStreet Finance | Official documentation or product page Canonical: Official Website | Subject-controlled source | Primary source | Operator Identity, Product Identity | Archive index or wildcard | High |
Welcome to MainStreet
- Publisher
- MainStreet Finance
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Identity, Claimed Usdc Backing, Claimed One to One Redemption, Msy Boundary, Identity Backing and Product Boundary
- Archive
- Archive index or wildcard
- Reliability
- High
msUSD redemption process
- Publisher
- MainStreet Finance
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Kyc, Redemption, Usdc Settlement, Seven Day Cooldown, Concurrent Capacity
- Archive
- Archive index or wildcard
- Reliability
- High
MainStreet key addresses
- Publisher
- MainStreet Finance
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Ethereum Contract, msUSDV2, Legacy Contract Boundary, Layerzero Oft, Deployment and Lineage
- Archive
- Archive index or wildcard
- Reliability
- High
A single vendor termination just wiped 88% off a stablecoin that called itself institutional-grade
- Publisher
- Startup Fortune
- Published
- 2026-06-21
- Provenance
- Independent third-party source
- Primary or secondary
- Secondary source
- Supported claims
- Accountable Termination, Verification Standards, Depeg, Reported Intraday Low, Unconfirmed Insolvency, Verification Termination and Severe Depeg
- Archive
- Archive index or wildcard
- Reliability
- Medium
MainStreet Finance
- Publisher
- MainStreet Finance
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Operator Identity, Product Identity
- Archive
- Archive index or wildcard
- Reliability
- High
UncertaintyKnown unknowns7
Exact Launch Date
The reviewed sources do not establish one day-level MainStreetUSD launch boundary.
Low · last checked 2026-06-22Keep launch date null.
Accountable Primary Post Url and Timestamp
The exact Accountable primary-post URL and timestamp for the service termination have not yet been preserved in the evidence layer.
High · last checked 2026-06-22Do not invent a primary-source URL.
Current Reserve Sufficiency
Current USDC reserve sufficiency and any reserve deficit remain unconfirmed after public verification visibility was lost.
High · last checked 2026-06-22Do not infer insolvency from market price alone.
Current Redemption Execution
Current successful redemption volume, waiting time, capacity usage, rejection rate, and settlement performance are not established.
High · last checked 2026-06-22Documented redemption rules do not prove current execution.
Issuer Incident Response
A complete issuer response addressing the verification termination, reserve status, and recovery mechanism has not been normalized.
High · last checked 2026-06-22Monitor official channels.
Sustainable Peg Recovery
A temporary price rebound does not establish sustainable recovery to the one-dollar peg.
High · last checked 2026-06-22Require sustained market and redemption evidence.
Msy and Lending Market Contagion
Realized losses, bad debt, liquidations, oracle failures, or withdrawal restrictions in msY-linked lending and vault systems are not yet established for SOG.
High · last checked 2026-06-22Downstream platform effects remain separate from the msUSD asset record.
Maintenance