There were no significant developments for Re Protocol reUSD in the past 7 days.
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reUSD Expands to Solana via Chainlink CCIP
In August 2026, reUSD went live on Solana, bridgeable from Ethereum mainnet through Chainlink CCIP, which serves as Re's exclusive crosschain infrastructure 1. Markets for reUSD are already live on Kamino and Jupiter Lend, giving holders access to Solana's lending, trading, and liquidity protocols 1. This matters because Solana hosts roughly $3.7 billion in onchain tokenized real-world assets, making it the third-largest blockchain for RWAs, and the integration introduces a real-world reinsurance exposure — a $510.5 million underwriting portfolio spread across 49 U.S. states with low catastrophe risk — that is largely uncorrelated with the broader crypto market 2.
Steakhouse Onboards reUSD as Collateral on Kamino
Steakhouse added reUSD as collateral exposure for its USDC and USDG High Yield vaults via a new reUSD market on Kamino that went live on August 13, 2026, letting reUSD holders borrow USDC or USDG against their position 3. The initial 1 million reUSD collateral cap filled within 76 minutes and was raised to 5 million, with the market now exceeding $8.5 million in size 3. This is notable because reUSD — Re's senior reinsurance-backed token with roughly $196 million in deposits and a 6% APY — provides onchain access to a traditional insurance yield source, and the rapid fill signals strong borrower demand for RWA-backed credit 3.
Sherlock Audit of Re's NAV Oracle Stack
Sherlock conducted an independent audit of Re's NAV oracle stack — the onchain pricing mechanism for reUSD and reUSDe — from July 15–18, 2026, finding zero High-severity issues, one Medium, and five Low/Informational findings, all of which were remediated before the final audited commit 4. The Medium finding involved a misalignment between the built-in price-rise speed limit and reality, where splitting large moves into smaller updates could push the price slightly above the intended limit; this has been corrected 4. The review reinforces Re's "bounded trust" design principle, ensuring the oracle cannot be fooled by a single compromised signing key, and complements prior audits by Hacken and Certora 4.
Biggest Stories of 2025
Savings reUSD (sreUSD) launched, a savings-oriented stablecoin on the Resupply platform allowing users to stake sreUSD to earn yield, driving reUSD demand and integration. (September 4, 2025) 5
sreUSD proposal discussed on the Resupply governance forum, outlining an ERC-4626 staking vault with auto-compounding reUSD yield, a peg-based dynamic interest rate, and revised revenue splits (70% staked RSUP, 15% sreUSD, 10% Insurance Pool, 5% Treasury). (July 17, 2025) 6
Phase 2 of the Resupply Recovery Plan implemented following approval of Proposal 10, advancing the longer-term user retention strategy for insurance pool participants. (July 17, 2025) 7
Phase 1 of the Resupply Recovery Plan implemented following approval of Proposal 8, addressing immediate governance actions to resolve bad debt. (July 2, 2025) 8
Resupply Recovery Plan proposed, outlining a two-phase approach to address 10 million reUSD in bad debt following an exploit — including a 6 million reUSD Insurance Pool burn and a retention program funded by 2.5 million RSUP over 52 weeks. (June 29, 2025) 9
Note: The project profile for Re Protocol reUSD contained no descriptive content, so this update relies on the available event and news records. No items were identified within the past 7 days.