Ember R25 Treasury mrcUSD(mrcUSD)

Onchain AUM-

Key Metrics

Active AUM-

DeFi Active TVL$0

Net Flows 7d

Net Flows 30d

mrcUSD Price$1.06

Chains1

Ember R25 Treasury mrcUSD(mrcUSD)

Onchain AUM-

Key Metrics

Active AUM-

DeFi Active TVL$0

Net Flows 7d

Net Flows 30d

mrcUSD Price$1.06

Chains1

Token properties

Asset ClassStable Yield Wrapper
TypeWrapper
RWA ClassificationProgrammable Finance
Access ModelPermissionless
Parent PlatformR25

Classification

RedeemableIndicates whether the token can be redeemed for underlying assets

TransferableIndicates whether the token can be transferred freely between on chain addresses

Self CustodyIndicates whether the token can be held in a user controlled wallet

AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing

Asset information

IssuerEmber

Registry InformationEmber operates the R25 Treasury vault on Sui (0x6013f760aa089ef027e9b92f7c09edf5fef73ef6b48fc5ecd8af62a4ef2db3d8) with R25 as strategy manager; the two appear as co-managers on the vault's sub-accounts.

Sourcehttps://www.ember.so/

Notes

  • mrcUSD (Mobile rcUSD) is the receipt coin of Ember's R25 Treasury vault on Sui. Deposits are USDC and the vault's backing is held as rcUSDp - the sub-account holds 7,456,999.92 rcUSDp, 97% of supply - so this is a wrapper over R25 paper and must not be counted alongside rcUSD/rcUSDp. Price = USDC x 1/vault rate, served by the ember coins adapter since 2025-12-18. The vault rate is admin-set (max 1% per update, 12h interval) and as of 2026-10-19 marks ~5% above the on-chain backing, implying rcUSD at $1.0536 against its stated $1 peg.

Chains

Sui

Primary