Wise Telecom Nodes USDC(wtnUSDC)Onchain Marketcap$958,065
Onchain Marketcap by chain
Ethereum$829,532
Arbitrum$118,995
Base$9,538
Key Metrics
Active Marketcap$947,010
Ethereum$827,511
Arbitrum$109,961
Base$9,538
$0
wtnUSDC Price$1
Chains3
Token Properties
Classification
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
IssuerWiseSoft, LLC
Registry InformationWiseSoft, LLC, formed January 2021 per the issuer's own documentation, operating publicly as WISE Token and Wise Lending. Founder and chief executive named publicly as Peter Girr. State of formation, company registration number and registered address are not disclosed anywhere in the issuer's documentation and could not be located in registry or trademark records, so jurisdiction is treated as unknown. The WISE LENDING trademark, serial 98811807, is registered to WiseSoft LLC. No money transmitter, e-money, VASP or other financial licence was located. World Mobile publicly confirmed Wise Lending as a Distribution Partner in its partner programme announcement dated January 2025, which establishes the commercial relationship but not any World Mobile obligation to token holders. Contracts are verified as WiseTelecomNodesDiamond compiled with solc 0.8.36. No audit of these contracts exists. The only audit in the WISE ecosystem covers the unrelated 2020 WISE staking token.
Sourcehttps://docs.wisetoken.net/wise-token/wise-ethereum/introduction/wisesoft-llc
Notes
- wtnUSDC is a deposit vault token issued by WiseSoft LLC under the WISE Token brand and marketed as exposure to World Mobile AirNode telecom infrastructure. World Mobile has publicly confirmed a distribution partnership with Wise Lending, but World Mobile is not the issuer and no public document establishes any World Mobile obligation to token holders. World Mobile documentation states that AirNodes cannot be fractionally operated and require a single registered owner, so holders do not hold title to node hardware. The instrument functions as an unsecured claim on WiseSoft that accrues a fixed rate set by the operator. The contract stores an interest rate of twenty percent annualized, reconfigurable by the admin up to a two hundred percent ceiling, and no contract logic reads node revenue. Interest accrues to a separate ledger rather than to the token balance, so the balance does not rebase and holders claim or compound separately. There is no issuer redemption function. The only exit is a peer funded sell order queue in which the seller sets a discount and another depositor fills the order. Deposits are forwarded off chain to a third party address rather than retained by the contract, and measured underlying held on chain is a small fraction of outstanding supply. Supply provenance reconciles to a one to one migration from a predecessor forward vault that has since been fully drained. 27 tokens on Ethereum across 91 holders and approximately 119,023.19 tokens on Arbitrum. The underlying deposit asset is USDC. Supply provenance requires an important qualification. On chain event reconciliation shows that a large block of tokens was minted directly into the vault contract itself within a minute of the genesis distribution, and that block is offered for sale through the queue by a single externally owned account that never deposited any underlying. Buyers who fill those orders pay that account directly in stablecoin at par, so the queue functions as the primary market rather than as a secondary market between existing holders. The self held balance is therefore undistributed issuer inventory rather than user escrow, and it is excluded from active marketcap on that basis. The escrow mechanism itself is lock and release rather than mint and burn. Placing an order transfers tokens to the contract, leaving the queue returns them to the seller, and filling an order releases them to the buyer, with total supply unchanged throughout.