Total Treasury Position
$4.68M
Fiat + Stablecoin · USD equivalent
Fiat 89%
Stablecoin 11%
Fiat Cash Balances
$4.18M
4 entities · SGD, USD, EUR, VND
🇸🇬 SG · 🇺🇸 US · 🇫🇷 FR · 🇻🇳 VN
Stablecoin Holdings
$500,000
USDC · USAT · USDT
⚠ $100K USDT non-compliant
GENIUS Act Compliant
$400,000
80% of stablecoin portfolio
✓ USDC + USAT · Rotate USDT → USDC
Days Cash on Hand
Total liquid assets (fiat + stablecoin) ÷ average daily cash burn. Answers: how many days can Brightfield operate without any new inflows? >60 days is healthy for an SME.
—
Total liquid / daily operational burn
—
Working Capital Ratio
Current assets ÷ current liabilities (14-day obligations). A ratio above 2× means Brightfield can cover all near-term payables twice over. Below 1.5× signals liquidity pressure.
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Liquid assets / 14-day obligations
>3.0x = healthy · <1.5x = watch
FX Exposure
Total non-USD fiat holdings in USD equivalent. A 1% simultaneous adverse move across all currencies reduces treasury value by the amount shown. Use FX forwards to hedge positions over $200K equivalent.
— currencies
Non-USD fiat positions
1% FX move ≈ —
—
total non-USD exposure
Payment Flow · 14-Day
Total Inflows
—
Total Outflows
—
Net Position
—
Live Peg Monitor
Stablecoin Prices · Real-Time
Auto-alerts on deviation >0.5%. Source: CoinGecko. Refresh: 60s.
USDC
$—
—
● Fetching…
USDT
$—
—
● Fetching…
USDY
$—
—
● Fetching…
CoinGecko
Fetching…
Auto-refresh 60s
Active Alerts
Checking…
Computing from live data…
Issuer Concentration
Holdings by Issuer
Compliance Scores
By Issuer
USDC
95/100
Full T-bill/cash reserves · Deloitte · BlackRock
USAT
80/100
OCC-chartered · Early stage · Cantor Fitzgerald
USDT
15/100
BTC+gold reserves · Not US-licensed · CFTC history
USDY
40/100
Treasury-backed · Yield-bearing · Restricted to non-US investors
Global Stablecoin Market · Mar 2026 · Total: $248.3B
90-Day Market Cap Trend
■ USDC
■ USDT
Loading…
Market Share & Trends
Key Signal: Capital rotating from USDT → USDC for first time since FTX collapse (2022). Driver: GENIUS Act regulatory clarity forcing institutional reallocation. Source: CoinDesk / DeFiLlama.
On-Chain Flow by Network
Stablecoin TVL by Chain
🔴 Tron
$95.5B · USDT dominant
🔵 Ethereum
$69.8B · USDC + USDT
🟣 Solana
$22.0B · USDC growing
⬛ BSC
$8.2B · Mixed
⚪ Other chains
$8.7B
BRIGHTFIELD IMPLICATION
SGD→VND payments ride Solana (growing, USDC-dominant, sub-cent fees).
USD→EUR payments settle on Ethereum (deepest institutional liquidity).
Tron avoided for US-entity payments — USDT-dominant, GENIUS non-compliant.
Global Cash Positions · Brightfield HQ
Cash Balances by Entity & Currency
Operating accounts across Brightfield's four markets. FX converted to USD at live ECB rates.
Total Fiat (USD eq.)
~$4.2M
Stablecoins
$500,000
Total Treasury
~$4.7M
FX Rate Source
ECB via Frankfurter
| Entity | Country | Currency | Local Balance | USD Equiv. | Bank | Account Type | Status |
|---|---|---|---|---|---|---|---|
| Loading cash positions… | |||||||
FX Exposure: SGD, VND, and EUR positions create mark-to-market FX risk on a USD-reporting basis. Stablecoin rails for SGD→VND and USD→EUR payments eliminate FX conversion cost (~0.5% drag) on those corridors.
FX Risk Monitor · Brightfield Group
All non-USD fiat positions and their sensitivity to exchange rate moves. The 1% impact column shows P&L effect of a 1% adverse FX move — useful input for hedging decisions.
Non-USD Currency Exposure · Live ECB Rates
TOTAL FX EXPOSURE
—
at live ECB rates
| Currency | Entity | Local Balance | USD Equiv. | % of Treasury | Spot Rate | FX Sensitivity | Risk |
|---|---|---|---|---|---|---|---|
| Loading FX data… | |||||||
Wallet Balances · All Custodians
Live Position
| Custodian | Token | Network | Balance | % of Total | Last Sync | Status |
|---|---|---|---|---|---|---|
| Coinbase Custody | USDC | Ethereum | $150,000 | 30% |
— | Active |
| Coinbase Custody | USDC | Solana | $150,000 | 30% |
— | Active |
| Anchorage Digital | USAT | Ethereum | $100,000 | 20% |
— | Active |
| Kraken Custody | USDT | Tron | $100,000 | 20% |
— | ⚠ Non-PPSI |
Liquidity Coverage · Today
Ratio of total liquid assets to 14-day scheduled outflows. Above 1× means Brightfield can cover all near-term obligations. Used by CFOs to assess short-term solvency risk.
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Liquid Assets ÷ 14d Outflows
—
liquid assets
14d Outflows: —
Threshold: 1.5×
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Forward Cashflow · Stablecoin Treasury
14-Day Projection
Scheduled inflows, outflows, and projected end-of-day balance
All
Inflows
Outflows
| Date | Day | Event | Corridor | Rail | Amount | Type | Projected Balance | Variance |
|---|
Total Inflows (14d)
—
Total Outflows (14d)
—
Net Position (14d)
—
Balance at Day 14
—
Methodology: Based on confirmed supplier payment schedules (SGD→VND: weekly $50K, SGD→VND: bi-weekly $75K) and expected US client USDC settlements. Opening balance $500K. Figures in USD equivalent.
Live FX
USD/SGD—
USD/VND—
USD/EUR—
EUR/USD—
USD/IDR—
USD/MYR—
USD/AUD—
JPY/USD—
Fetching rates…
Brightfield HQ — Cross-Border Payment Optimiser
Find the Cheapest, Fastest, Compliant Route
Select a corridor, enter amount, and initiate payment directly. Rails shown are the corridor-specific options curated in this prototype, not an exhaustive list of every possible stablecoin/network combination.
Amount
$
Monthly Vol.
$
| Rail | Token / Network | Fee (this payment) | Fee % | Settlement | Recipient Gets | 24/7 | Compliance |
|---|
Savings Calculator
vs. SWIFT Baseline
$384,000
Estimated annual saving on $800K/month volume across all corridors
SWIFT annual cost
$384,000
Best stablecoin cost
$960
Annual saving
$383,040
Saving %
99.7%
Note: Estimates based on published Airwallex/Wise fee schedules (2025). Actual SWIFT costs vary by correspondent bank chain. FX spread of 3–5% not included — stablecoin rails eliminate FX spread on USD-denominated payments.
GENIUS Act · Payment Rail Compliance Advisor
Before You Send — Choose the Right Rail
Select the sending entity and corridor. The advisor compares speed, cost, reserve quality, and treasury policy fit — then points treasury to the most defensible route. Only corridor-relevant rails are shown here; this is a treasury routing shortlist rather than a full network directory.
Sending Entity
Corridor
Wallet Balances
Stablecoin Holdings by Issuer
Current treasury wallet balances across supported stablecoins, including zero-balance tokens still on the approved watchlist.
Stablecoin Total
$500K
Allocation chart
Chart includes zero-balance issuers for policy visibility.
Transaction Ledger
All stablecoin payments · filter by status · click row to view detail
Transaction History
Payment Ledger · Last 30 Days
All
Settled
Pending
| Date | Corridor | Rail / Token | Amount | Fee | Fee % | Settlement | Counterparty | Sanctions | Status |
|---|
Total Volume (30d)
$1,278,000
Total Fees Paid
$1,616.86
Effective Fee Rate
0.091%
Saved vs SWIFT
~$5,373
GENIUS Act · Signed into Law July 18, 2025
Establishes the Permitted Payment Stablecoin Issuer (PPSI) framework. Requires 1:1 qualifying reserves, monthly attestation, OCC or state licensing, AML compliance, and prohibits yield to holders.
Issuing or transacting in non-compliant stablecoins after July 18, 2028 will be prohibited in the United States.
Deadline
—
days until July 18, 2028
Brightfield Risk Exposure
$100,000
in USDT — non-PPSI issuer
→ Rotate before Q4 2026
GENIUS Act · Guiding and Establishing National Innovation for US Stablecoins
Issuer Compliance Decision Tool
Signed July 17 2025. For each issuer, this tool answers: Can Brightfield hold this stablecoin and use it for payments? — based on entity domicile and operational corridors.
Brightfield Entity
GENIUS Act Core Requirements — Status per Issuer
| Requirement | USDC | USAT | USDT | USDY |
|---|---|---|---|---|
| 1:1 Reserve Backing (cash/T-bills) | ✓ Confirmed | ✓ Confirmed | ⚠ 78% qualifying | ⚠ Yield-bearing |
| OCC / State licensing (US) | ✓ NYDFS + OCC | ✓ OCC (nat. bank) | ✗ Offshore only | ✗ SEC Reg S only |
| Monthly reserve attestation | ✓ Deloitte · Feb 14 | ✓ Big Four · Feb 28 | ✗ Quarterly only | ⚠ Irregular |
| AML / sanctions compliance | ✓ FinCEN registered | ✓ BSA compliant | ⚠ Partial (offshore) | ⚠ US persons excluded |
| Redemption at par (1:1 USD) | ✓ 24/7 via Circle | ✓ Via Anchorage | ⚠ Subject to limits | ✗ Yield-adjusted |
| Prohibits yield to holders | ✓ Compliant | ✓ Compliant | ✓ No yield | ✗ Earns ~3.5% APY |
| Bankruptcy priority (GENIUS Act §8) Holders rank above general creditors in insolvency |
✓ PPSI — priority | ✓ PPSI — priority | ✗ Offshore — unclear | ✗ Not PPSI |
OFAC Sanctions Screening · Wallet Address Checker
Screen Before You Send
Check any Ethereum (0x) or Tron (T…) wallet address against the OFAC SDN list, Chainalysis, and FATF high-risk entities before initiating a payment.
Test addresses:
|
Reserve Monitor · GENIUS Act Attestation Standards
Reserve Health & Attestation Freshness
GENIUS Act mandates monthly attestations, 1:1 qualifying reserves (T-bills, cash, overnight repos), and public disclosure. Dates computed from today. Live fetch attempted from issuer transparency pages.
● Live computed
All Current
Reserve Composition vs GENIUS Act Qualifying Assets
Attestation Calendar · 2026 — Live Computed
| Issuer | Token | Last Published | Days Since | Next Due | GENIUS Status | Reserve Quality | Source |
|---|
Audit & Compliance Notes
For CFO / Auditor Use
GENIUS Act reserve requirements: Payment stablecoin issuers must hold 1:1 qualifying reserves — US dollar deposits, T-bills with ≤90 days maturity, repo agreements secured by T-bills, or Fed reserve accounts. Non-qualifying assets (gold, BTC, commercial paper) do not count.
Attestation standard: Monthly independent attestation required. GENIUS Act sets 35-day outer limit before a position should be flagged for compliance review.
Brightfield policy: Maximum 60% in any single issuer. USDT exposure ($100K) creates non-compliant US payment risk. Recommended rotation: USDT → USDC before the July 2028 GENIUS Act deadline.
Audit export: Click ⬇ Audit Export in the top bar to download a JSON evidence pack with all attestation dates, reserve percentages, and source links for auditor review.
Brightfield Treasury · Portfolio Compliance Simulator
Model Your Stablecoin Exposure
Enter your holdings. Select your company's priority. Get an instant compliance assessment and plain-English recommendation.
Your Company's Priority
Enter Holdings (USD)
USDC
$
USAT
$
USDT
$
USDY
$
Compliance Score Guide
How Scores Are Calculated
Weighted by dollar holdings. 80+ = safe for US corporate treasury.
USDC — 95/100
◉ Safe
100% cash/T-bill reserves · Monthly Deloitte attestation · BlackRock custody · NYSE-listed · NYDFS licensed
USAT — 80/100
◉ Safe
OCC-chartered issuer · Cantor Fitzgerald custody · Deducted: Tether history + early stage (<1yr) + limited attestation history
USDT — 15/100
◉ High Risk
BTC+gold in reserves (non-qualifying) · No US license · CFTC fine 2021 · Quarterly attestation only · BDO Italia · KPMG engaged for fuller audit historically, with KPMG now engaged for a fuller audit
USDY — 40/100
◉ Restricted
Treasury-backed · ~3.5% yield · NOT a GENIUS Act stablecoin · Restricted: non-US investors only (SEC Reg S) · Legal advice required
Score Interpretation
■ 80–100 = Safe for US corporate treasury use
■ 50–79 = Use with specific legal advice
■ Below 50 = Significant regulatory exposure
Live Preview: Enter holdings above and hit Calculate — your blended score and risk assessment will appear here and in the results panel.
Stress Scenarios
Select a Scenario
🔴 Stablecoin Depeg
USDC or USDT depegs overnight
⚫ Issuer Insolvency
Primary issuer faces bank run
⚠️ Attestation Failure
Issuer misses reserve report
⚖️ Regulatory Action
OFAC action / license revoked
📉 Fed Rate Cut
150bps cut — Circle revenue risk
Depeg Magnitude
Depeg %
2.0%
0.5% (minor)15% (severe)
Portfolio Impact
-$8,000
on $400K USDC+USDT holdings
Adjust slider to model different severity scenarios. Impact calculated on Brightfield's current USDC ($300K) + USDT ($100K) holdings.
Scenario Analysis
🔴 Stablecoin Depeg Event
Interactive model: drag the slider to set depeg magnitude. Impact is calculated on Brightfield's live portfolio holdings.
Portfolio Impact
-$8,000
At 2% depeg · $400K exposed
Time to Recovery
4–72 hrs
Based on SVB/USDC Mar 2023
Risk Level
Moderate
Temporary — issuer is solvent
Severity Reference Scale
0–1%
Normal volatility — market maker arbitrage resolves within minutes. No action needed.
1–5%
USDC/SVB territory (Mar 2023 hit $0.87). Halt non-urgent payments. Monitor issuer comms hourly.
5–15%
Systemic stress — halt all payments. Attempt redemption immediately. Escalate to CFO and legal within 1 hour.
>15%
TerraUST-level collapse. Assume total loss on affected position. Full incident protocol. Board notification required.
Historical Precedent
Recommended Mitigating Actions