# Etherfuse

> Enabling Global Access to Financial Assets

Etherfuse helps users invest in tokenized government bonds from multiple countries through Stablebonds on Solana, Stellar, and Base blockchains.

Etherfuse provides retail access to tokenized government bonds through Stablebonds, enabling users to invest in sovereign debt from Mexico, UK, Brazil, USA, and Europe with minimums as low as the USDC equivalent of one peso. The platform features weekly yield rebases, regulated custodial backing through entities like INDEVAL, and operates under Mexican FinTech Law regulatory framework following a three-year sandbox process. Etherfuse also partners with Brale to issue MXNe, a Mexican peso-backed stablecoin for remittances and payments.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2022-01-01
- Profile: https://thegrid.id/profiles/Etherfuse

## Products

- [Etherfuse Stablebonds Platform](https://thegrid.id/profiles/Etherfuse): Stablebonds is a tokenized government bond platform enabling retail investors to purchase sovereign debt from Mexico, UK, Brazil, USA, and Europe. The platform features weekly yield rebases based on central bank rates, regulated custodial backing through entities like INDEVAL, and minimum investments as low as the USDC equivalent of one peso. Stablebonds operate on Solana, Stellar, and Base with a tiered fee structure ranging from 0.25% for low-yield bonds to 1.5% for high-yield bonds. (RWA Tokenisation Platform, Live, Main Product)

## Assets

- [CETES (CETES)](https://thegrid.id/profiles/Etherfuse): CETES is a tokenized security representing Mexican Federal Treasury Certificates issued by Etherfuse on Solana. It is used to provide retail investors access to short-term Mexican government bonds with fractional ownership, weekly yield rebases, and instant settlement. The token is backed 1:1 by physical CETES bonds held with regulated custodians including INDEVAL, allowing holders to earn yield based on government auction rates without traditional investment minimums. (Security)
- [GILTS (GILTS)](https://thegrid.id/profiles/Etherfuse): GILTS is a tokenized security representing UK government bonds issued by Etherfuse on Solana. It is used to claim both the nominal value of the underlying assets and the generated rewards. The token is backed by real-world assets, specifically UK Gilts issued by HM Treasury, allowing holders to earn yield through weekly rebases that reflect the interest accrued on the underlying government debt. (Security)
- [EUROB (EUROB)](https://thegrid.id/profiles/Etherfuse): EUROB is a tokenized security representing a collection of European government bonds issued by Etherfuse on Solana. It is used to provide retail investors with fractional access to European sovereign debt, earning yield as the underlying bonds accrue interest until maturity. The token automatically rebases weekly to reflect accrued returns, allowing holders to track their investment in real time while maintaining exposure to government-backed fixed-income securities. (Security)
- [USTRY (USTRY)](https://thegrid.id/profiles/Etherfuse): USTRY is a tokenized security representing US Treasury Notes issued by Etherfuse. It is used to provide exposure to short-term US government debt with weekly yield rebases that automatically update token balances to reflect accrued interest. The token operates through a single-mint process where holdings are automatically reinvested at maturity each week, allowing holders to earn yield while maintaining liquidity and the ability to trade or redeem at any time without manual rollovers. (Security)
- [TESOURO (TESOURO)](https://thegrid.id/profiles/Etherfuse): TESOURO is a tokenized security representing Brazilian Letras do Tesouro Nacional, short-term government bonds issued by the Brazilian Treasury. It is used to earn yield from the underlying bond denominated in local currency that matures weekly, and can be traded on-chain or used as collateral in DeFi applications. The token represents BB-rated zero-coupon bonds with yield accruing until maturity, allowing holders to gain exposure to Brazilian sovereign debt with automatic weekly rebases that reflect interest earned. (Security)
- [Real MXN (MXNe)](https://thegrid.id/profiles/Etherfuse): MXNe is a MXN-pegged stablecoin issued by Brale. It is used for remittances, payroll, and merchant payments. Its reserves are held in CETES, Mexican government treasury bonds tokenized by Etherfuse, backing each token 1:1 with sovereign-grade collateral. (Stablecoin)

## Links

- [Main](https://etherfuse.com)
- [Blog](https://etherfuse.com/blog)
- [Documentation](https://docs.etherfuse.com)
- [Whitepaper](https://stablebonds.s3.us-west-2.amazonaws.com/neon.pdf)
- [Terms of Service](https://app.etherfuse.com/legal/terms-and-conditions)
- [Privacy policy](https://stablebonds.s3.us-west-2.amazonaws.com/privacy.pdf)
- [Substack](https://x.com/etherfuse)
- [LinkedIn](https://www.linkedin.com/company/etherfuse)
- [Discord](https://discord.gg/eRaF8eMntU)

## Legal

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The following applies to both licensing models.
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- The Grid does not provide investment, legal, or tax advice, and
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP