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Pharos

Re Protocol reUSD (reUSD) stablecoin analytics

reUSD is Re Protocol's senior NAV-based tranche, backed by onchain sUSDe-centered liquidity and offchain Regulation 114 trust collateral (Cayman Islands).

Static Profile

Static stablecoin profile

Re Protocol reUSD (reUSD) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar.

AI summary / Updated Jun 12, 2026

Re Protocol's reUSD is a NAV-appreciating token that channels deposits into ETH basis trades, short-duration T-bills, and a USDC instant-redemption buffer. The reserve split reads like reinsurance float deployed across DeFi yield sources: half the book rides on USDe and sUSDe...

AI summary · drafted by gpt-5-codex · reviewed by Codex data review on Jun 12, 2026 · facts as of Jun 12, 2026

Collateral
At least 50% of the high-water-mark capital remains onchain as redemption liquidity, primarily sUSDe; up to 50% is deployed offchain into Regulation 114 trust accounts as collateral supporting reinsurance contracts
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
Cayman Islands / Exempted Limited Guarantee Foundation Company (IC-414560)
Proof Of Reserves
Independent Audit by The Network Firm Reserve source
Contracts
9 deployments tracked across Ethereum, Avalanche, Arbitrum, and Base, plus 5 more.

Snippet Answer

Is reUSD safe?

Pharos does not mark reUSD as absolutely safe. Static metadata says Re Protocol reUSD uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with Independent Audit from The Network Firm; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

Next Actions

Exact bot target: /subscribe dews,depeg,safety reusd-re-protocol

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 Jun 12, 2026.

reUSD quick answers

What is Re Protocol reUSD (reUSD)?

reUSD is Re Protocol's senior NAV-based tranche, backed by onchain sUSDe-centered liquidity and offchain Regulation 114 trust collateral (Cayman Islands). The static profile records its US Dollar peg 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?

Pharos does not mark reUSD as absolutely safe. Static metadata says Re Protocol reUSD uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with Independent Audit from The Network Firm; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

What backs reUSD?

Pharos classifies reUSD backing as Real-World Asset Backed. Collateral, per the static profile: At least 50% of the high-water-mark capital remains onchain as redemption liquidity, primarily sUSDe; up to 50% is deployed offchain into Regulation 114 trust accounts as collateral supporting reinsurance contracts Reserve evidence: Independent Audit from The Network Firm.

Can reUSD be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, freeze or administrative control exposure is possible but not fully confirmed. Live freeze and blacklist events for reUSD, when applicable, appear in the dossier below.