What a silver-backed token is and how the backing is checked

A silver-backed token is a digital token that is meant to be matched by silver held in reserve. Whether that is true is something you can check, not something to take on trust.

What the words mean

The token follows the price of a stated amount of silver, for example one gram. "Backed" means the issuer holds that silver, or a token that represents it, in a reserve kept apart from its own funds. A token that only follows the silver price, with nothing held behind it, is price-linked but not backed.

How to check the backing

1. Where is the reserve? A backed token should name a reserve address on a public network, so anyone can look up the balance on a block explorer.
2. Is it separate? The reserve should be used only for that token, not mixed with the issuer's operating money.
3. Do the numbers match? Compare the amount of silver held with the number of tokens sold to clients. The reserve should be at least as large.

Also ask who can move the reserve, how often figures are updated, and what happens if a figure falls short.

Where BRT stands today

BRT is the coin that pays for activity on MUZA Chain. It is designed to be priced from silver and to be backed by silver held in a separate reserve, with the reserve published so you can check it. That backing is being set up and is not in place yet, so today treat BRT as price-linked and not yet backed. This page will be updated when the reserve is live. Gold and silver tokens for clients are listed as coming on the home page.

What backing does not do

• It does not stop the silver price from falling.
• It is not a bank deposit and is not insured.
• It does not entitle you to physical delivery unless the issuer says so in writing.

Prices can move sharply and you can lose the full value of what you hold. This guide is general information, not investment, legal or tax advice. Read the risk disclosure. Last reviewed 20 October 2026.