- USD′ is a stablecoin on Solana backed 100% by U.S. Treasury bonds and issued by U.S.-licensed Brale.
- It complies with the newly passed GENIUS Act and supports confidential transfers, ACH, and wire integrations.
Perena, the team behind a stablecoin protocol on Solana, has unveiled plans for USD′ (pronounced "USD Prime"), a next-generation stablecoin fully backed by U.S. Treasury bonds.
The move aligns with the recent passage of the U.S. GENIUS Act, which sets clear legal standards for stablecoin issuance.
USD′ will be issued by Brale, a U.S.-licensed entity, and is designed to maintain a 1:1 peg with the U.S. Dollar.
It will launch natively on the Solana blockchain and will support swaps with over 20 stablecoins, including USDC.
GENIUS Act Compliance and Institutional Focus
The GENIUS Act, passed on July 19, 2025, has reignited interest in stablecoins from banks and major corporations. In response, USD′ has been developed as a fully compliant digital asset that blends transparency and privacy.
It features confidential transfers, enabling private yet verifiable transactions. Brale’s integration of ACH and wire transfers further supports seamless movement between fiat and digital assets.
USD′ is positioned as the cornerstone of Perena’s broader financial infrastructure. It will power the Stablebank Network and act as the settlement currency for the upcoming Numéraire V2, a hybrid platform combining stablecoin utility with foreign exchange liquidity.
With a design focused on regulatory alignment and interoperability, Perena aims to establish USD′ as a reliable stablecoin tailored for financial institutions.
According to the company, this offering goes beyond simple stablecoin functionality and sets the foundation for institutional on-chain finance.
USD′ is being framed as “USD on Solana that can be used safely by financial institutions,” and is expected to play a key role in building a compliant and scalable ecosystem for digital assets in the U.S. regulatory landscape.
Edited by Annette George
