// the evidence
Claims, and where each one stands.
Every claim on this page carries its evidence tier. Nothing is smoothed over, and nothing a project told me is presented as something I checked.
Homepage FAQ states Send is a non-custodial financial platform and that through the Send App and Send Canton Wallet users can hold, send, save, and manage digital assets. The same FAQ says Send currently supports those Canton products.
send.it homepage FAQThe CUSD product page states CUSD is a USD-pegged stablecoin built on Canton. The FAQ block says CUSD is issued by Brale, a regulated issuer.
send.it/product/cusd-stablecoinCUSD overview docs title the asset as a privacy-first stablecoin for Canton and call it the native stable asset of the Canton ecosystem.
info.send.it CUSD overviewThe About page lists 2025 Founding validator on Canton's confidential network, then 2025 Privacy-first wallet and stablecoin go live, and lists a team on that page.
send.it/aboutThe Send Token product page states $SEND is an ERC-20 token live on Base and bridgeable to Canton, with total supply fixed at 1 billion $SEND.
send.it/product/send-tokenCUSD FAQs state CUSD is a privacy-first, USD-backed stablecoin created by Send and issued by Brale, backed 1:1 with USD-denominated reserves, and assign Send as product owner and Brale as issuer.
info.send.it CUSD FAQsRepeated site legal copy states Send Inc. is registered with FinCEN as a Money Services Business and is registered on NMLS.
send.it legal footer / product/sendQuadrant issue 02 records Send as out of Quadrant scope because $SEND is a live tradeable token. This page confirms the live Base ERC-20 and bridgeable-to-Canton wording on send.it/product/send-token. CUSD remains a Brale-issued stablecoin, not a Send-issued token.
quadrant-record + send-token page// what would move the score
Catalysts.
Each one names what I am watching and what would prove me wrong.
send.it still states CUSD is a Canton stablecoin issued by Brale.
Falsified if: that product page drops the Brale issuer line or the Canton listing, or 404s.
The Send Token page still states a live Base ERC-20 bridgeable to Canton.
Falsified if: that page withdraws the live-token claim without a dated replacement.
// what I could not verify
Gaps.
These are findings, not omissions. I looked and state what I found.
Canton Foundation membership. No Canton Foundation member line was located on the send.it and info.send.it pages cited here.
Named leadership titles. About lists named contributors and roles but does not present a CEO, founder, or equivalent leadership title.
Named backers. No named institutional investors or backers were located on the homepage, About, CUSD, or Send Token pages.
Independent audit of Send itself. No third-party audit report for Send wallet contracts or Send-operated Canton validator software was located. CUSD reserve attestation sits with Brale.
frxUSD backing detail. The send.it and info.send.it pages describe USD-denominated reserves managed through Brale and do not name Frax frxUSD on the cited pages.
Dominant-wallet percentage. Earlier wording about serving over 30 percent of network users was not located on the Send own-surface pages and is not repeated here.
// open to the project
Sections Send can fill.
These stay empty until the project supplies them. Anything supplied is labeled as supplied, dated, and never rendered as something I verified. Declining changes nothing else on this page.
Architecture
How the product is built, in the team's own words.
Audit
Any audit, review or internal security practice not published today.
Roadmap
What ships next and when, so the catalysts above can carry real dates.
Usage figures
Published usage with a methodology, so a count can move off announced tier.
// conflicts
Position.
Position disclosure. I hold $CC and $CNTN. This page covers Send's Canton products, including CUSD, whose reserve yield Send's own documentation directs to Canton Coin buybacks. Send itself is not a holding of mine. The full conflicts register is on the disclosure page. Send has no commercial relationship with Canton Catalyst, and nothing here was requested, reviewed or paid for.
// corrections
Correction log.
No corrections recorded. First published 16 September 2026.