Profile
reUSD profile facts
Re Protocol reUSD (reUSD) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar-denominated NAV.
Other coins using the reUSD ticker
- Resupply USD (REUSD) · Active · US Dollar. REUSD is Resupply's CDP stablecoin minted against Curve Lend and Fraxlend vault shares (crvUSD/frxUSD).
- Collateral
- Onchain stablecoins and offchain reinsurance capital support the senior tranche. The instant redemption buffer is sized from 50% of the deposit high-water mark but can draw down; token holders have no direct legal claim on Section 114 trust assets and obtain offchain exposure through principal-at-risk notes.
- Peg mechanism
- NAV-based token price recalculated daily at UTC 00:00 from a blend of the offchain SOFR-based return and the onchain trailing sUSDe basis rate, plus 250 bps; instant redemptions are liquidity-limited and fall back to a quarterly queue
- Jurisdiction
- British Virgin Islands
- Proof of reserves
- Real-Time PoR by The Network Firm daily offchain reserve AUP observations published through Chainlink. The most recent full AUP covers protocol supporting assets as of 2025-10-31, is signed 2025-12-17, and excludes reUSD/reUSDe backing, token valuations and liability reconciliation; it does not attest the current live composition. Historical report: https://storage.googleapis.com/foundation-files/AUP-Report-2025.pdf Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
reUSD quick answers
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What is Re Protocol reUSD (reUSD)?
Re Protocol's senior NAV-based reinsurance tranche, issued by Resilience (BVI) Ltd with offchain exposure through principal-at-risk notes. The static profile records its US Dollar-denominated NAV accounting mechanism as: NAV-based token price recalculated daily at UTC 00:00 from a blend of the offchain SOFR-based return and the onchain trailing sUSDe basis rate, plus 250 bps; instant redemptions are liquidity-limited and fall back to a quarterly queue.
Is reUSD safe?
As of Oct 24, 2026, Pharos grades reUSD C (55/100) on its Safety Score. Pharos's reviews record that admin controls such as a pause or an upgradeable contract exist, though no power to freeze a specific holder was found, and any holder can use its reviewed redemption route. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs reUSD?
Pharos records reUSD's reserves as of Sep 30, 2026 as 73.2% Off-chain insurance / reinsurance capital, 25.9% sUSDe (delta-neutral ETH basis), 0.6% reUSD / sUSDe LP position, and 4 smaller holdings. Reserve evidence: Real-Time PoR. Pharos classifies the backing as Real-World Asset Backed.
Can reUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments.
How do you redeem reUSD?
Under the route Pharos reviewed on Oct 7, 2026, any holder can redeem reUSD for USDC, DAI, sUSDe, and 1 other assets. Requests go through a redemption queue. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
