Palm identifies Palm Azgar Financials Ltd. in the British Virgin Islands as the PUSD issuing entity and describes its operating organization as headquartered in Riyadh. The issuer says reserves are managed through a licensed Saudi affiliate, but the exact affiliate license could not be confirmed from a regulator register.
| Product | Backing | Status | Market cap |
|---|---|---|---|
| PUSDPalm USD | Fiat Backed | Active | — |
| Founded | 2025 |
| Headquarters | Riyadh, Saudi Arabia |
| Stage | Private |
| Website | https://palmusd.com/ |
Palm identifies Palm Azgar Financials Ltd. in the British Virgin Islands as the PUSD issuing entity and describes its operating organization as headquartered in Riyadh. The issuer says reserves are managed through a licensed Saudi affiliate, but the exact affiliate license could not be confirmed from a regulator register.
Stablecoins issued by this entity: PUSD.