Electronic Dollar (EUSD) stablecoin analytics
Answer First
What is Electronic Dollar (EUSD)?
EUSD is a Reserve Protocol RToken backed by a basket of yield-bearing Aave and Compound USDC/USDT lending positions, with RSR stakers as first-loss buffer. The static profile records its US Dollar peg mechanism as: Permissionless 1:1 mint and redemption against underlying collateral basket; RSR stakers absorb first losses in case of collateral default; basket rebalances via Dutch/batch auctions
Is EUSD safe?
Pharos does not assess EUSD as safe: it holds a D Safety Score grade (42/100) in the latest published rating, which flags significant structural risk. Static metadata says Electronic Dollar uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Electronic Dollar (EUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 7, 2026
eUSD is a Reserve Protocol RToken that combines Compound V3 USDC, Aave V3 USDC, and Compound V3 USDT in equal thirds behind a permissionless basket redemption mechanism, with RSR stakers absorbing first loss: a yield-bearing basket whose machinery works better than its report card. The peg record is the strongest line on the card, stress monitoring has historically sat at the calm end of the scale, and atomic permissionless redemption keeps the exit pillar the best of the three; the long tail of historical depeg...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Diversified basket of yield-bearing stablecoin derivatives: Aave V3 USDC, Compound V3 USDC, and Compound V3 USDT; RSR stakers provide first-loss overcollateralization
- Peg Mechanism
- Permissionless 1:1 mint and redemption against underlying collateral basket; RSR stakers absorb first losses in case of collateral default; basket rebalances via Dutch/batch auctions
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Next Actions
Exact bot target: /subscribe dews,depeg,safety eusd-electronic-usd
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
EUSD quick answers
What is Electronic Dollar (EUSD)?
EUSD is a Reserve Protocol RToken backed by a basket of yield-bearing Aave and Compound USDC/USDT lending positions, with RSR stakers as first-loss buffer. The static profile records its US Dollar peg mechanism as: Permissionless 1:1 mint and redemption against underlying collateral basket; RSR stakers absorb first losses in case of collateral default; basket rebalances via Dutch/batch auctions
Is EUSD safe?
Pharos does not assess EUSD as safe: it holds a D Safety Score grade (42/100) in the latest published rating, which flags significant structural risk. Static metadata says Electronic Dollar uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs EUSD?
Pharos classifies EUSD backing as Crypto-Collateralized. Collateral, per the static profile: Diversified basket of yield-bearing stablecoin derivatives: Aave V3 USDC, Compound V3 USDC, and Compound V3 USDT; RSR stakers provide first-loss overcollateralization Reserve evidence: live reserve feed configured.
Can EUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for EUSD, when applicable, appear in the dossier below.
