Checked against Arc

The ledger is Merit's account of what Merit settled. This page is the audit of that account, run against chain state — so the honesty claim stops depending on us.

Does the chain back what we published?

Every settlement Merit published with a real transaction hash is re-read from Arc: did it succeed, did USDC of exactly that size move, and do Arc's two USDC log streams — the 18-decimal native system emitter (EIP-7708) and the 6-decimal ERC-20 contract — tell the same story? The second stream is an independent witness, not a restatement of the first.

Did anything leave without a receipt?

The opposite failure, and the one ledger-side checking structurally cannot see. Merit scans outbound USDC from its own settlement wallet and flags every transfer the published ledger does not explain.

Read the memo inside a payment

Merit's payouts go through Arc's predeployed Memo contract, so the verdict travels inside the transaction rather than beside it. Paste a payout's transaction hash — or a memoId to find it from chain logs alone — and this reads Arc directly, then re-derives every claim the memo makes about itself.