Overview of the Natural Capital Stablecoin (NCSC)
The Natural Capital Stablecoin (NCSC) is a USD-pegged digital currency collateralized by independently certified environmental assets (natural capital) tokenized on the NCRB platform. Unlike fiat-backed or algorithmic stablecoins, NCSC is backed by a non-withdrawable on-chain treasury of RWA tokens. The total supply is programmatically maintained to equal the total USD market value of locked assets, with automatic mint/burn operations triggered if the peg deviates by more than 0.5%. While NCSC is freely tradeable on-chain, redemption for fiat currency is gated by a
redemptionEnabled flag, which is set to false by default and requires regulatory approval by the contract administrator to enable.