Transparency
Full visibility into our reserves, operations, and governance
Backed by USD-Pegged Currency Reserves
PUSD is fully backed by reserves held in Saudi Riyal (SAR) and UAE Dirham (AED)—both currencies pegged to the U.S. dollar at fixed exchange rates. This structure provides the stability and reliability required for institutional operations while enabling seamless access to Middle Eastern financial markets.
1:1
Reserve Ratio
$2.3B
In Circulation
100%
Shariah-Compliant
Portfolio Breakdown
Our reserves are held entirely in Shariah-compliant financial instruments, ensuring full alignment with Islamic finance principles. All holdings are subject to strict eligibility criteria, concentration limits, and independent Shariah certification.
100%
Shariah-Compliant Instruments
SAR
Saudi Riyal Reserves
AED
UAE Dirham Reserves
Attestation Framework
Our reserves are subject to rigorous verification procedures conducted at multiple intervals by independent accounting and Shariah compliance firms. These attestations verify that the total value of reserves equals or exceeds the total PUSD in circulation.
Weekly Attestation
Independent verification of reserves against circulating supply published every week
Monthly Audit
Comprehensive evaluation of reserve composition, custody arrangements, and controls
Annual Report
Full financial statement audit and Shariah compliance certification in accordance with international standards
Custody and Banking
Reserve assets are held with regulated financial institutions across multiple jurisdictions, ensuring geographic diversification and counterparty risk management.
Segregated Accounts
Clear legal title and separation from operational funds
Multi-Signature
Authorization required from multiple parties for all transfers
Regulatory Compliance
Full compliance with applicable financial regulations and Shariah standards
Real-Time Monitoring
24/7 surveillance of all reserve positions and movements
Redemption Process
Retail purchasing and redemption of PUSD is available through our network of licensed partners. For institutions, we offer dedicated OTC services with personalized support to meet your specific requirements.
Retail Access
Purchase or redeem PUSD through our licensed partner network with standard verification.
Institutional OTC
Large-volume transactions with competitive pricing and dedicated relationship support.
Custom Solutions
Our team assists with tailored arrangements based on your operational requirements.
Governance and Oversight
Palm maintains a robust corporate governance framework with clear separation of duties, independent board oversight, and regular compliance reviews. Our operations are subject to regulatory supervision in applicable jurisdictions.
We engage proactively with policymakers on digital asset regulation and participate in industry working groups focused on stablecoin standards and best practices. Our compliance program includes ongoing transaction monitoring, sanctions screening, and suspicious activity reporting.
Risk Management
Our risk management framework addresses key operational, financial, and technology risks through comprehensive policies and controls.
Liquidity Risk
Daily stress testing ensures ability to meet redemptions under adverse conditions
Counterparty Risk
Strict exposure limits and diversification requirements for banking partners
Operational Risk
Redundant systems, business continuity planning, and robust controls
Technology Risk
Regular security audits, penetration testing, and incident response protocols
Access Our Reports
Monthly attestation reports and annual audits are available upon request for institutional clients and prospective partners.
Request Access