pmUSD
Collateral Backing
Understanding the gold-backed foundation that powers the pmUSD stablecoin.
Reserve Transparency
and Collateralization
The chart provides a real-time visualization of the asset-collateralized structure, displaying the balance between the custodied gold reserves and the corresponding quantity of pmUSD tokens issued against these reserves.
The Gold-Backed
Foundation Powering
pmUSD
At RAAC, our mission is to deliver stable, verifiable, and future-proof digital gold tokens that bridge the gap between physical assets and the digital economy.
Central to this vision is ION.au, the innovative Asset-Backed Security (ABS) from I-ON Digital Corp, a U.S. publicly-traded company (OTCQB: IONI). IONI also holds patents on digitizing unrefined commodities onto the blockchain. ION.au serves as the robust, gold-anchored backbone for pmUSD, providing the real intrinsic value and institutional-grade trust that makes every pmUSD token truly exceptional.
Total Supply & Collateral
Understanding ION.au and
the pmUSD Stablecoin:
Institutional-Grade Collateral
pmUSD derives its robust collateral backing from a segregated portion of I-ON Digital Corp's treasury holdings of ION.au, a gold-reserve-backed security. This foundation ensures that our tokens are supported by tangible, verifiable assets while circumventing the operational complexities of direct physical gold ownership.
The underlying collateral is provided by I-ON Digital. The company adheres to a stringent regulatory framework, maintaining compliance with SEC rules and GAAP accounting standards. I-ON's ability to legally book the gold-reserve-backed digital security as a balance sheet asset is validated through comprehensive, detailed due diligence protocols and audits applied to the underlying gold reserves, guaranteeing both transparency and asset integrity.
Unparalleled Security Through 500% Over-Collateralization
The core security feature of ION.au is its 5:1 over-collateralization ratio. This means that for every ION.au token issued, the company holds five ounces of verified, in-situ gold-reserve, establishing a massive safety buffer:
Security
In-Situ Gold
Unmined, proven reserves verified by NI 43-101 reports
ION.au Treasury
Gold-backed digital security on I-ON's audited balance sheet
pmUSD
Gold-pegged stablecoin with real intrinsic value
Regulatory and Institutional
Readiness
ION.au's design is built for the highest levels of institutional engagement:
Regulatory-Grade Compliance
Recognized as a financial instrument under GAAP/IFRS and compliant with key regulations including SEC Reg AB, Rule 144A, ASC 820, IFRS 9, and ESMA guidelines, ensuring suitability for institutional and retail markets.
Institutional-Ready DesignInstitutional-Ready
Design
Structured for use as pledgeable collateral in both traditional finance (TradFi) and decentralized finance (DeFi) applications, enabling seamless liquidity and integration for pmUSD users.
Audited & Transparent Reserves
Backed by I-ON Digital Corp's fully audited balance sheet and independent NI 43-101 geological reports, every aspect of the collateral's backing is transparently verifiable.
Verifiable Trust
and Stability
I-ON Digital ensures the integrity of the underlying collateral through a rigorous, multi-layered onboarding and verification process. The reserved gold is validated using stringent, industry-standard protocols, including NI 43-101 reports, independent third-party assays, and fully audited financial reserves.
Gold Reserve and Collateral Due Diligence
The collateralization process for the pmUSD digital asset involves comprehensive review and documentation across three key areas:
Corporate
Documentation
- Certificate of Registration
- Articles of Incorporation / Operating Agreement
- Certificate of Amendments
- Certificate of Good Standing
- Most Recent Financial Statements (Balance Sheet, Income Statement, etc.)
- Credit Information (Credit Reports, D&B Filings, etc.), as available
Chain of Custody
& Legal Status
- Claim Ownership Documentation
- UCC/PPC Filing / Registration
- Corporate Resolution to Purchase Claim
- Non-Recourse Sales Agreement (if applicable)
- Legal History
- Liens & Encumbrances
- Restrictions & Easements
Geological and Asset
Documentation
- Gold Reserve Report - FO
- NI 43-101 Technical Report
- Third-Party Geological Assay(s)
- State Permits & Licenses
- Asset Digitization Agreement
- Escrow Agreement
Directions on Verifying the Collateral
The Short Version
We recognize that this patented collateralization model is novel. To ensure full transparency and facilitate your due diligence, the following steps outline the process for verifying the complete legal backing of the pmUSD token:
STEP 01
On-Chain
Reserve Verification
The initial step is to verify the on-chain sufficiency of the collateral. You must confirm that the designated Collateral Contract holds an adequate quantity of ION.au tokens relative to the total minted supply of pmUSD tokens.
COLLATERAL CONTRACT
STEP 02
Regulatory &
Financial Validation
The second step involves verifying the foundational documentation that confirms ION.au is fully backed by a reserve ratio of gold. ION.au is a product of I-ON Digital Corp. (OTCQB: IONI) and is formally pledged on I-ON's balance sheet as an Intangible Asset.
FINANCIAL AUDIT FILINGS
STEP 03
Detailed Geological and
Legal Documentation
For a deep-dive analysis, the final step allows you to verify the individual documents and legal claims for all the gold reserves that provide the over-collateralization held in-situ (in the ground) backing ION.au.
CLAIMS DOCUMENTATION PORTALDesigned by
Bankers,
Following
Financial Best
Practices
The architecture of ION.au is explicitly structured to align with traditional financial institutions and regulatory requirements, following best practices within the banking industry.
The foundational legal structure of ION.au is analogous to asset-backed securities (ABS). By placing a UCC lien on mineral claims, ION.au functions as a secured asset-backed security (ABS), comparable to the established processes used for securing a commercial mortgage.
Secured Debt Model
ION.au represents a secured obligation, recorded as debt or fair value under accounting standards (FASB ASC 860 and IFRS 9).
Collateral Enforcement
The mechanism permits the company to foreclose on the Collateral in the event of default by the Claim Owner, ensuring the asset backing is legally enforceable.
Regulatory Alignment
The token system is implemented in a manner legally compliant with all banking and securities laws.
The underlying smart contracts for pmUSD (including the pmUSD token and associated management contracts) were also subject to a security audit by Pashov Audit Group. The audit identified issues which were all successfully mitigated by the protocol team.
Conclusion
The security and reliability of ION.au are assured through a combination of institutional visibility, exhaustive collateral verification, and strict adherence to global financial and regulatory best practices.
With over-collateralization verified by geological reports and perfected legal liens, ION.au establishes a robust, auditable foundation for the pmUSD stablecoin.