
reUSD reUSD
Stablecoin
Status
General Info
Contracts/Explorers:
Ethereum
What is reUSD?
reUSD is the proprietary token of the Re Protocol, designed to represent ownership and returns within the Insurance Capital Layer (ICL). This fungible ERC-20 token bridges the gap between traditional reinsurance and decentralized finance (DeFi), providing participants with transparent and auditable access to a historically opaque industry.
Key Features of reUSD
Tokenized Representation: Each reUSD token corresponds to a proportional claim on the assets and returns within the ICL.
Appreciation Through Returns: The value of reUSD is tied to the performance of the ICL, which includes profits from reinsurance contracts and returns from yield-bearing assets.
Composability: reUSD integrates seamlessly with DeFi platforms, enabling holders to use their tokens for lending, borrowing, staking, and other decentralized applications.
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