Institutional-grade USD-pegged digital settlement currency deployed on Base Mainnet. 30 trillion NVCT issued at $1:1 USD parity, backed by documented Trust assets with on-chain Proof of Reserves.
NVCT (NVC Token) is an institutional-grade USD-pegged stablecoin issued by NVC Fund Holding Trust, a Common Law Business Trust operating under American Common Law and the Uniform Commercial Code. NVCT is designed to serve as a global settlement currency bridging traditional banking infrastructure with blockchain-native operations.
30 trillion NVCT tokens have been deployed on Base Mainnet (Coinbase Layer 2), where the token maintains a strict 1:1 parity with the US Dollar. All issued tokens are backed by documented Trust assets with on-chain Proof of Reserves verification through the NVC Sovereign Attestation DEX V4 contract.
The platform integrates with five active settlement rails — Base Mainnet on-chain settlement, SWIFT/ISO 20022, ACH/RTP/Fedwire domestic USD rails, institutional multi-rail payment infrastructure, and an SCT inbound settlement endpoint — enabling T+0 global settlement across both traditional and blockchain financial systems.
The global payments system processes over $5 trillion daily through SWIFT, Fedwire, ACH, and correspondent banking channels. Despite this scale, the infrastructure carries fundamental limitations that institutional users navigate as cost-of-business:
The core gap: Existing blockchain stablecoins offer 24/7 settlement and reduced costs, but lack the institutional asset backing, regulatory positioning, and multi-rail interoperability required for institutional treasury and correspondent banking adoption.
NVCT resolves these limitations through a dual-rail architecture: on-chain settlement via Base Mainnet operates in parallel with traditional banking rails. Neither replaces the other — institutions access NVCT's blockchain efficiency while retaining ISO 20022 and SWIFT connectivity through NVC Fund Bank's settlement infrastructure.
| Parameter | Value |
|---|---|
| Token Name | NVC Token |
| Symbol | NVCT |
| Standard | ERC-20 |
| Decimals | 18 |
| Total Supply | 30,000,000,000,000 NVCT (30 Trillion) |
| Target Price | $1.00 USD (1:1 parity) |
| Primary Network | Base Mainnet (Coinbase Layer 2) |
| Collateral Type | Documented Trust assets — on-chain attested |
| Governance | Multi-sig, 4-tier hierarchy, timelocked |
| Issuer | NVC Fund Holding Trust |
All three core contracts are deployed and live on Base Mainnet. On-chain verification links are provided in the Appendix.
NVC Fund Bank operates a dual-token architecture to segregate use cases:
Both tokens derive parity from the same underlying asset backing framework and are governed by the same multi-signature authority structure.
NVCT's stability derives from documented assets held within NVC Fund Holding Trust, a court-validated Common Law Business Trust. Asset backing is verified through two independent layers:
The NVC Sovereign Attestation DEX V4 contract (deployed at 0xEce67dC59D40D37A7BbC9d1383bec19F290Bc2aa on Base Mainnet) provides trustless on-chain attestation of reserve backing. This contract:
The Trust's documented assets are maintained under institutional custody with comprehensive audit trail documentation. Asset categories include:
Collateralization policy: NVC Fund Holding Trust maintains a policy of full collateralization — total NVCT in circulation does not exceed the verified asset backing figure published on-chain at any time.
Institutions and counterparties can independently verify NVCT's reserve backing by querying the Attestation DEX V4 contract directly on Base Mainnet. No intermediary or issuer report is required for verification. The IBRC Document Repository (Institutional Banking Record Center) maintains supporting documentation available to verified institutional counterparties upon request.
NVC Fund Bank operates five active settlement rails, enabling institutions to settle in NVCT using whichever pathway is most appropriate to their operational infrastructure.
| Rail | Type | Settlement | Status |
|---|---|---|---|
| SWIFT / ISO 20022 | International wire | pacs.008 FI-to-FI credit transfer | Live |
| Fedwire | RTGS | Real-Time Gross Settlement (USD) | Live |
| ACH | Batch clearing | Automated Clearing House (USD) | Live |
| RTP | Real-time | Real-Time Payments (The Clearing House) | Live |
| SCT Inbound | Receiving endpoint | Designated SCT settlement receiver | Live |
| Rail | Network | Settlement | Status |
|---|---|---|---|
| Base Mainnet | Coinbase L2 (EVM) | NVCT ERC-20 transfer, T+0 | Live |
| Attestation DEX V4 | Base Mainnet | On-chain PoR + DEX operations | Live |
| Liquidity Pool | Base Mainnet | NVCT/USDC liquidity provisioning | Live |
NVC Fund Bank operates an institutional vault payment authorization system for high-value settlement between qualified institutional counterparties. This system provides:
While Base Mainnet is NVCT's primary deployment network, the token is interoperable across 9+ blockchain networks via bridge infrastructure. Cross-chain operations use wrapped NVCT (deNVCT) on non-primary chains.
Cross-chain bridging uses DeBridge dePort protocol for wrapped NVCT (deNVCT) creation and redemption on non-primary chains. The bridge mechanism:
NVC Fund Bank's multi-chain gas payment system allows all blockchain transactions to be paid in NVCT instead of native tokens across supported EVM and non-EVM chains. This removes the need for institutions to maintain native token balances on each chain for operational purposes.
All critical NVCT operations — token issuance, reserve attestation updates, bridge operations, liquidity management — require approval across a 4-tier governance hierarchy:
| Tier | Authority Level | Required For |
|---|---|---|
| Tier 1 | Trust Authority | Issuance above defined thresholds, reserve attestation |
| Tier 2 | Institutional Operations | Bridge operations, liquidity pool management |
| Tier 3 | Settlement Authority | Large-value settlement, Nostro account operations |
| Tier 4 | Operational Authority | Routine transactions, API authorization |
Governance changes and high-value operations are subject to timelock delays, providing a window for review and challenge before execution. This prevents rapid unilateral changes to critical protocol parameters.
The two-layer PoR architecture ensures continuous, verifiable backing of all circulating NVCT:
NVC Fund Bank implements a full ISO 20022 JSON REST API following the June 2025 ISO.org API guidelines and JSON Schema Draft 2020-12 specification. This enables institutions to interact with NVCT settlement infrastructure using standard financial messaging formats.
| Message | Type | Description |
|---|---|---|
| pain.001 | Payment Initiation | Customer credit transfer initiation |
| pacs.008 | FI-to-FI Transfer | Financial institution credit transfer (primary settlement message) |
| camt.053 | Account Statement | Bank-to-customer account statement |
Financial institutions can establish Nostro/Vostro relationships with NVC Fund Bank using NVCT as the settlement asset. NVCT's ISO 20022 compliance and SWIFT connectivity enable integration with existing correspondent banking workflows without requiring technology overhaul on the counterparty side.
Multinational enterprises managing multi-currency treasury positions can use NVCT to reduce the cost and delay of cross-border intercompany settlement. The 24/7/365 on-chain settlement capability eliminates business-hours constraints on treasury operations.
Investment managers, custodians, and prime brokers can use NVCT for T+0 settlement of security and fund transactions, reducing settlement risk and freeing up collateral that would otherwise be locked in T+1 or T+2 settlement cycles.
Development finance institutions and sovereign wealth funds can access NVC Fund Bank's settlement infrastructure for project finance disbursements, cross-border development funding, and regional liquidity management.
As an ERC-20 on Base Mainnet, NVCT is natively composable with DeFi protocols. Institutions seeking regulated, asset-backed DeFi exposure can participate through NVCT's liquidity pools and DEX infrastructure with on-chain reserve verification at every step.
NVC Fund Bank is the operational name of NVC Fund Holding Trust, a Common Law Business Trust established and operating under:
NVC Fund Holding Trust
100 Crescent Court, Suite 700
Dallas, Texas 75201
United States
Contact: fekejija@nvcfund.com | +1 (214) 532-5773
NVC Fund Bank conducts all institutional relationships through standard correspondent banking channels. Partnership inquiries, Nostro account establishment, and correspondent agreements are handled through normal institutional due diligence and onboarding processes.
NVCT represents a practical bridge between traditional institutional finance and blockchain-native settlement. With 30 trillion tokens deployed on Base Mainnet at verified $1:1 USD parity, five active settlement rails, and full ISO 20022 compliance, the infrastructure is operational and available to institutional counterparties now.
NVC Fund Bank's approach is deliberately conservative: working through normal banking channels, building correspondent relationships through standard institutional processes, and disclosing capabilities incrementally as relationships are established. The goal is not to disrupt the existing financial system but to provide institutions within it with more efficient tools for cross-border settlement, treasury management, and blockchain-native operations.
All contract addresses are publicly verifiable on Base Mainnet. All reserve attestations are queryable on-chain. Institutional due diligence inquiries are welcomed through our standard channels.
DOC-NVC-001 · Confidential — Investor & Regulatory Use Only · May 2026
Formal Institutional White Paper · Document 1 of 3 · Investor & Regulatory Series
NVC Fund Holding Trust (hereinafter "NVC Fund," "the Trust," or "the Institution") is a supranational wholesale banking institution established under treaty authority and formally recognized by sovereign and multilateral bodies including the African Union and member states of the Economic Community of West African States (ECOWAS). The Trust operates as a primary-tier institutional financial entity, with its mandate rooted in the facilitation of cross-border trade, structured capital intermediation, and the provision of sovereign-grade financial services to qualified institutional counterparties worldwide.
The central assertion of this document is unambiguous: all yield generated by NVC Fund Holding Trust arises from real economic activity conducted across five core operational pillars — trade finance, structured private credit, medium-term note programs and sovereign debt instruments, correspondent banking and treasury operations, and fee-based institutional financial services. The Institution does not engage in speculative trading strategies, leverage-dependent yield enhancement, undisclosed off-balance-sheet structures, or derivative-driven income programs. Yield is, in all instances, traceable, documented, and available for independent audit verification.
NVC Fund Holding Trust is constituted as a treaty-based supranational entity, deriving its legal standing and operational authority from binding international instruments recognized under applicable public international law. The Trust operates beyond the jurisdictional confines of any single national regulatory framework, functioning as a wholesale financial institution with a mandate to serve sovereign governments, multilateral development organizations, and accredited institutional counterparties.
The Trust's balance sheet assets are reported in excess of ten trillion United States dollars (USD $10,000,000,000,000+). This asset base is composed of a diversified portfolio of sovereign instruments, trade receivables, structured credit facilities, banking reserves, and bilateral financial instruments held in trust for sovereign and institutional principals. NVC Fund maintains an extensive network of correspondent banking relationships with Tier-1 financial institutions and regional banks across multiple continents and is SWIFT-connected, enabling participation in international wire transfers, settlement instructions, and interbank messaging.
| # | Pillar | Primary Yield Source | Typical Tenor | Risk Profile |
|---|---|---|---|---|
| 1 | Trade Finance Operations | Origination fees, discount margins | 90 – 360 days | Low-to-Moderate |
| 2 | Structured Finance & Private Credit | Arrangement fees, interest spread, exit participation | 1 – 7 years | Moderate (Senior-Secured) |
| 3 | MTN Programs & Sovereign Debt | Coupon accrual, secondary spread capture | 1 – 10 years | Low (Sovereign-Linked) |
| 4 | Correspondent Banking & Treasury | Interbank lending spread, FX margins, float income | Overnight – 1 year | Low |
| 5 | Fee-Based Financial Services | Advisory, structuring, guarantee issuance fees | Transaction-based | Minimal (No Credit Exposure) |
NVC Fund structures and funds a comprehensive suite of trade finance instruments including Letters of Credit (LC), Standby Letters of Credit (SBLC), Bank Guarantees, Documentary Collections, and Trade Acceptance instruments, all structured in accordance with UCP 600 and applicable international trade finance standards. Yield arises from origination and issuance fees, discount margins applied upon acceptance of trade drafts and receivables, and the net spread between the Trust's funded cost of capital and the yield on confirmed trade receivables. Trade finance transactions are self-liquidating by design, with average tenors ranging from 90 to 360 days.
The Trust originates, structures, and participates in medium-term private credit transactions across infrastructure lending, project finance, and asset-backed lending facilities with accredited institutional borrowers. Yield is derived from arrangement and structuring fees, upfront origination fees, ongoing interest spread, and exit participation where applicable. All private credit facilities are collateralized, senior-secured, and subject to ongoing covenant monitoring, financial reporting obligations, and periodic collateral valuation reviews.
NVC Fund issues and participates in Medium-Term Note (MTN) programs through recognized custodial and clearing arrangements. The Trust's MTN activities encompass both the issuance of its own instruments to qualified institutional purchasers and participation in third-party MTN programs where the Trust acts as co-arranger, primary dealer, or secondary market participant. Sovereign-linked instruments constitute a significant component, encompassing regional bond issuances and multilateral debt facilities under the African Union and ECOWAS member state financing frameworks.
Through its extensive correspondent network spanning the Americas, Europe, Africa, Asia, and the Middle East, the Trust provides nostro and vostro account management, foreign exchange settlement and conversion, interbank lending facilities, and correspondent service agreements. Yield is generated through the interbank lending spread on short-duration placements, FX conversion margins, float income from intra-day and overnight settlement balances, and recurring fee income under correspondent service agreements. Treasury operations prioritize capital preservation and liquidity maintenance while generating a predictable yield floor consistent with sovereign money market benchmarks.
The fifth pillar comprises non-interest income generated through strategic financial advisory, transaction structuring and documentation, confirmation and authentication services for financial instruments, and credit enhancement services through the issuance of guarantees and letters of support. All fee-based services are contracted under formally executed service agreements. This pillar provides a stable, predictable cash flow stream that is largely independent of interest rate movements and credit cycle fluctuations — deliberately designed to provide a yield floor that remains stable during periods of market stress.
No single yield-generating stream may exceed 35% of total annual institutional yield. This concentration ceiling is monitored quarterly by the Trust's risk management committee and reported to institutional investors through the quarterly yield attribution report. Diversification across instrument type, tenor, geography, and counterparty class ensures resilience to disruption in any individual market segment.
All credit exposures are subject to a structured underwriting process involving independent credit analysis, counterparty rating assessment, collateral identification and verification, and covenant setting. Material exposures are subject to periodic independent valuation. Any exposure breaching established credit quality thresholds triggers a formal review and, where necessary, a remediation or exit strategy.
NVC Fund maintains mandatory liquidity buffers calibrated in accordance with prudential banking standards applicable to wholesale institutions of comparable systemic significance. These buffers are held in high-quality liquid assets (HQLA) and are not utilized for yield enhancement purposes. The Trust does not engage in illiquidity-driven yield strategies.
NVC Fund transacts exclusively with counterparties that have successfully completed the Trust's comprehensive onboarding and verification process. All counterparties are subject to full KYC/AML screening, sanctions screening against applicable global lists, and ongoing transaction monitoring consistent with FATF Recommendations, FinCEN guidance, and Wolfsberg Group correspondent banking principles.
Trade finance income is largely acyclical, driven by commercial transaction volumes rather than financial market valuations. Treasury income from short-duration sovereign instruments provides a predictable floor return correlated with central bank policy rates. Fee income from advisory and confirmation services is countercyclical in nature, as institutional demand for transaction support tends to increase during periods of market uncertainty. This layered resilience structure ensures that the Trust's capacity to meet yield obligations is maintained through market cycles.
"The yield generation mechanisms described herein represent the authentic, documented, and auditable operations of NVC Fund Holding Trust. This disclosure has been prepared in good faith, with full institutional authority, and is certified as accurate and complete to the best knowledge of the authorized signatories hereto."
DOC-NVC-001 · Document 1 of 3 · Issued May 2026 · NVC Fund Holding Trust
All contracts are verifiable on Base Mainnet via basescan.org. Search by contract address for live supply, reserve attestation values, and transaction history.
Disclaimer: This white paper is for informational purposes only and does not constitute financial advice, an offer to sell securities, or a solicitation to invest. NVCT operations are subject to applicable legal frameworks in relevant jurisdictions. Institutional counterparties should conduct independent due diligence. All forward-looking statements in the roadmap represent current operational intentions and are subject to change. Reserve backing figures are updated on-chain and may be verified independently by any party.
Contact: NVC Fund Holding Trust · 100 Crescent Court Suite 700, Dallas TX 75201 · fekejija@nvcfund.com · +1 (214) 532-5773
Version 3.0 · March 2026 · © 2026 NVC Fund Holding Trust. All rights reserved.