SOYA is a grain-backed stablecoin: each token represents one tonne of soybeans delivered to certified storage in Argentina or Brazil, evidenced by grain receipts in Agrotoken's infrastructure. Farmers mint tokens against harvested grain and spend them with agricultural merchants or post them as collateral. Santander accepts SOYA against loans. Over 230,000 tonnes of grain have moved through the SOYA/CORA/WHEA system. Listed for discovery: circulation runs through the issuer's network, so Prism shows the listing without an on-chain route.
One tonne of soybeans in certified storage, as a stablecoin.
Prism analyst note
SOYA turns a tonne of soybeans into money a farmer can spend: mint against grain in certified storage, pay merchants, or borrow against it at Santander. It is one of the most production-proven RWA systems anywhere, with hundreds of thousands of tonnes tokenized, and also one of the most closed: value moves inside the issuer's network, so Prism lists it to be researched, not routed. Priced here at CBOT spot per tonne.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- One tonne of soybeans in certified storage per token.
- Legal structure
- Token = claim on one tonne of soybeans via certified grain receipts
- Jurisdiction
- Argentina / Brazil
- Custodian
- Certified grain storage facilities; receipts in Agrotoken infrastructure
- Administrator
- Agrotoken
- Reserve information
- Backing is a certified storage receipt per tonne, with the grain held at licensed facilities. Prism verified the platform, the Santander collateral program and the published tokenized-volume figures; the storage receipts themselves are the issuer's records.
- Transfer restrictions
- Circulates within Agrotoken's merchant, exchange and lending network with issuer onboarding; not a freely-listed DEX asset.
- Investor eligibility
- Open / permissionless
- KYC required
- Yes
- Launched
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers.
Documents & disclosures
Frequently asked
Is this a stablecoin?+
It is grain-stable, dollar-volatile: one token is always a tonne of soy, so the dollar price moves with CBOT soybeans.
Who actually uses it?+
Farmers in Argentina and Brazil, to pay for inputs, machinery and services, and as bank collateral. Santander lends against it.
Can I buy it on Prism?+
The listing is for discovery. Minting and spending run through Agrotoken's network with local onboarding.
