Stablecoin Information
reUSD is a principal-protected, yield-accruing token that tracks the higher of the risk-free rate or Ethena basis-trade yield, plus 250 bps. It earns on-chain, deploys off-chain via Surplus Notes, and provides transparent, oracle-verified collateral reporting.
Category:crypto-backed
Minting and Redemption
reUSD is minted by depositing approved stablecoins into Re Protocol’s Insurance Capital Layer smart contracts and is redeemed by burning reUSD to withdraw the underlying stablecoins.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | +2.01% | +8.71% | +23.09% | 185.89m | ||
| 0 | <0.0001% | +0.24% | -13.13% | 489,434.16 | ||
| 0 | <0.0001% | <0.0001% | -8.45% | 450,629.44 | ||
| 0 | -0.00% | -0.00% | -0.01% | 29,605.57 | ||
| 0 | -0.00% | -0.00% | -0.01% | 21,881.62 | ||
| 0 | -0.00% | -0.25% | -26.91% | 10,052.58 | ||
| LayerZero | 100% | -0.00% | -0.00% | -71.40% | 9,387.56 | |
| LayerZero | 100% | -0.01% | -0.01% | -0.01% | 2,929.68 | |
| 0 | -0.11% | -0.11% | -0.11% | 233.74 | ||
| 0 | +2.50% | 8.2 |