USIG Collateral Coin

First, the Stablecoin.
Now, the Collateral Coin.     

Introducing USIG – tokenized debt backed by U.S. Treasurys, exclusively designed for wholesale financial markets.

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Use Cases

How Financial
Institutions Could Use USIG

Using USIG as a collateral coin opens markets to 24/7 liquidity, programmable capital mobility, and instant global trading. Tokenized debt as collateral supports complex, time-sensitive workflows in wholesale financial markets.

Repo Financing

01 .

Use USIG as a collateral coin to support time-sensitive secured funding.
  • Built for financing and roll/unwind cycles
  • Supports delivery-versus-payment (DvP) where applicable
  • Designed as general collateral in an always-on environment
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Securities
Lending Collateral

02.

Provide stable collateral that can move with the lending lifecycle.
  • Supports recall/return events and collateral substitution needs
  • Designed for operational readiness across lending lifecycle events
  • Stable-value collateral suited to loan-duration arrangements
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Bank Liquidity / Treasury Optimization

03.

Hold risk-aware on-chain liquidity for treasury operations and payments.

  • Designed for cash management and payment utility by wholesale institutions
  • Always-available transfers for treasury operations
  • Yield-bearing, cash-like positioning relative to typical stable-value products
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Large-Scale Opportunity

25% of collateral representing more than $36 billion from Tier-1 firms earns no return*. Excess collateral is posted to avoid a margin call. Collateral is posted too soon, often at night for the next day. Collateral coins unlock programmable, 24/7 collateral optimization, solving for one of the most critical issues in wholesale financial markets.

*Source: Nasdaq & The ValueExchange, Making the Case for Tokenized Collateral, February 2026.

Product Comparison

Structured as
Institutional Collateral

The USIG collateral coin is an investment-grade tokenized debt security built on a bankruptcy-remote, overcollateralized trust structure that represents a pool of U.S. Treasury bills with maturities of 90 days or less.  Our collateral coin is intentionally designed to serve as on-chain Treasury collateral for repos, securities lending, derivatives margining, bank liquidity, and other instances in the wholesale financial markets. USIG has a superior design in comparison to other stable value products.          

An assessment of
real-world asset risks:

Types of
Collateral
USIG
Collateral Coin
GENIUS
Stablecoin
Tokenized
Bank Deposit
Legal Framework
Federal Securities Law
GENIUS Act
OCC and FDIC
Offers Yield
Investment-Grade Rated *
Bankruptcy Remote – from parents, sponsors, counterparties
Collateral Restricted – T-bills and cash
Collateral Beneficially Owned – legally enforceable first priority claim to collateral
Structure – overcollateralized, senior position, strict approvals
Risk Control – investment-grade parties control funds, assets, minting, redemption

* The USIG collateral coin is expected to receive an investment-grade rating upon issuance.

USIG Transaction Flow

Explore the end-to-end lifecycle of a USIG transaction. For more details, hover over each box or review our available downloads.

1. Entity Setup and Roles

USIG Digital, Inc., the Sponsor, will be a DE based corporation that owns USIG, LLC, the Borrower & Issuer. USIG, LLC will be a DE based, bankruptcy remote SPV that has engaged the Sponsor as the Administrative Agent.

2. Service Provider Engagement

The Issuer will engage the Trustee for trustee, account bank and payment agent, custodial & verification services, SGAS for security placement services, SG Forge for tokenization and registrar services, the Collateral Manager for RIA and brokerage services, and the Exchange Agent for exchange services. The Trustee maintains control over the transaction accounts.

3. KYC/AML Screening and Approvals

After reviewing marketing material provided by SGAS, prospective purchasers provide required info to SGAS for KYC/AML screening. After reviewing KYC/AML info, SGAS sends approval notice to prospective purchasers, SG Forge and Trustee.

4. Wallet Setup and Allocation Conformation

After the SGAS approves the dematerialized bond token allocation, prospective purchasers either (a) provides private Wallet to SG Forge which has been approved by SGAS or (b) creates Wallet at Digital Custodian which has been approved by SGAS.

5. Subscription and Funding

Prospective purchasers send signed Purchase Agreement to SGAS and sends funds to purchase Tokens by either (a) wiring USD to Collateral Manager Account or (b) sending stablecoins to the Exchange Agent.

6. Stablecoin Conversion and Proceeds to Collateral Account

The Exchange Agent converts stablecoins into USD and wires the funds to Collateral Manager Account with notice to the Trustee. The required O/C funds are sent to the Collateral Manager Account.

7. Reserve Funding and T-Bill Purchase

Trustee notifies the Collateral Manager of amounts needed to fund the reserve account. The Collateral Manager transfers amount needed to fund reserve account and purchases T-bills subject to the Investment Guidelines.

8. Ledger Update and Reporting

SG Forge updates the controlling ledger of the dematerialized bond token (Token), sending reports to counterparties.

9. Minting and Token Delivery

Trustee notifies SGAS to mint USIG and send Tokens to the purchaser’s (Holder) Wallet.

10. Daily Reconciliation and Covenant Reporting

Trustee reconciles assets, liabilities and interest accrued for USIG holders, based on EoD reports from Payment Agent, Collateral Manager and SG Forge. After making any needed adjustments, Trustee verifies daily covenants and sends out reports.

11. Ongoing Monitoring and Holder Rights Enforcement

The Trustee monitors the Issuer’s collateral and Tokens, and enforces Holder rights in accordance with the transaction documents.

Resource Library

Download key documents and reference materials for USIG, or receive quick answers via our FAQ.

  • Download Product Specs
  • Document 2
  • Document 3
  • Document 4
  • Document 5
  • Document 6
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