---
title: "Re Protocol reUSD (reUSD) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/reusd-re-protocol/"
description: "Build-time stablecoin profile for Re Protocol reUSD (reUSD). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-06-03"
---



# Re Protocol reUSD (reUSD)

**Peg:** US Dollar

**Backing:** Crypto-Collateralized

**Governance:** CeFi-Dependent

**Status:** active

## Overview

A NAV-appreciating token splitting deposits 50/30/20 across ETH basis trades, T-bills, and a USDC buffer — a reinsurance float deployed across DeFi yield sources.

Re Protocol's reUSD channels deposits into a 50/30/20 split of {{term:delta-neutral}}delta-neutral{{/term}} ETH {{term:basis-trade}}basis trades{{/term}} via sUSDe, short-duration T-bills, and a USDC instant-{{term:redemption}}redemption{{/term}} buffer — a structure that reads like a reinsurance float deployed across DeFi yield sources. As a NAV-appreciating token, its C+ overall grade reflects the drag of exotic collateral quality and a deep Ethena dependency, since half the book rides on USDe and sUSDe basis trades, even as the {{term:yield-bearing}}yield-bearing{{/term}} mechanics stay competitive. Supply spans six chains, with effective DEX TVL providing genuine secondary-market depth. The queue-based redemption with 20% immediate capacity and BVI FSC licensing won't satisfy institutional compliance teams, but the Chainlink/Network Firm real-time {{term:attestation}}attestation{{/term}} layer and the genuinely uncorrelated reinsurance revenue stream make reUSD one of the more intellectually honest yield products on the market.

## Collateral

USDC, USDe, and sUSDe deployed into delta-neutral ETH basis trades or short-duration U.S. Treasury bills via the Re Protocol Insurance Capital Layer

## Peg Mechanism

NAV-based token price recalculated daily at UTC 00:00 via Chainlink price feed; yield accrues from delta-neutral ETH basis trade or T-bill returns plus 250 bps protocol spread; atomic redemptions when instant liquidity available, otherwise queue mode

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| British Virgin Islands | FSC | BVI Securities and Investment Business Act |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x5086bf358635b81d8c47c66d1c8b9e567db70c72` | 18 |
| avalanche | `0x180af87b47bf272b2df59dccf2d76a6eafa625bf` | 18 |
| arbitrum | `0x76ce01f0ef25aa66cc5f1e546a005e4a63b25609` | 18 |
| base | `0x7d214438d0f27afccc23b3d1e1a53906ace5cfea` | 18 |
| bsc | `0xba9425ec55ee0e72216d18e0ad8bbba2553bfb60` | 18 |
| ink | `0x5bcf6b008bf80b9296238546bace1797657b05d6` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/reusd-re-protocol.