Collateralization under stress

Usual (USD0 / bUSD0 / USUAL)'s assessment for RD-F-068 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Not_applicable per PD-024 (lending-only factor — collateralization ratio < 110% under stress scenario for lending protocol LTV). USD0 has a collateral dimension (100% T-bill backed) but the factor definition targets lending-protocol collateralization (net collateral vs. outstanding borrows under stress). Usual has no borrows. The RWA backing integrity of USD0 is assessed under RD-F-069.

Sources #

Internal
Taxonomy PD-024 — lending-only factor classificationTaxonomy §Category 4 PD-024 — RD-F-068 classified as lending-only; not_applicable for non-lending protocolsretrieved 2026-05-17

Methodology #

Determine whether under curator-defined stress scenario (top-3 collateral assets drop 50%), protocol net collateralization falls below 110%.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol usual factor RD-F-068 score not_applicable collected_at 2026-05-16 20:39:44