Ring USD (USDR) stablecoin analytics
USDR is Ring Protocol's centrally managed synthetic dollar minted against protocol-controlled crypto collateral, with no public redemption route documented.
Static Profile
Static stablecoin profile
Ring USD (USDR) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated May 15, 2026
Ring Protocol's USDR is a small crypto-backed synthetic dollar with modest documentation; the dashboard models the reserve stack conservatively as protocol collateral and liquidity positions. Ring USD is a crypto-backed synthetic dollar from Ring Protocol. Its public footprint...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Ring protocol crypto collateral and strategy assets managed through the protocol reserve system
- Peg Mechanism
- RUSD is collateralized by a Protocol Controlled Value (PCV) reserve funded through bonding-curve issuance; PCV is allocated to liquidity and the token can be over- or under-collateralized depending on reserve conditions; no holder-exercisable redemption route is source-reviewed for Pharos backstop scoring
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Ethereum.
Snippet Answer
Is USDR safe?
Pharos does not mark USDR as absolutely safe. Static metadata says Ring USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. 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 usdr-ring
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 May 15, 2026.
USDR quick answers
What is Ring USD (USDR)?
USDR is Ring Protocol's centrally managed synthetic dollar minted against protocol-controlled crypto collateral, with no public redemption route documented. The static profile records its US Dollar peg mechanism as: RUSD is collateralized by a Protocol Controlled Value (PCV) reserve funded through bonding-curve issuance; PCV is allocated to liquidity and the token can be over- or under-collateralized depending on reserve conditions; no...
What backs USDR?
Pharos classifies USDR backing as Crypto-Collateralized. Collateral, per the static profile: Ring protocol crypto collateral and strategy assets managed through the protocol reserve system Reserve evidence: live reserve feed configured.
Can USDR be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for USDR, when applicable, appear in the dossier below.