Stablecoin depeg >2% on shared-LP venue
BlackRock USD Institutional Digital Liquidity Fund (BUIDL)'s assessment for RD-F-104 — scored gray on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
BUIDL portfolio is US T-bills + overnight repo — no stablecoin exposure in fund assets. Circle off-ramp uses USDC; if USDC depegged, redemption path would be impaired but fund NAV unaffected. USDC depeg threshold (≥5% TVL exposure to depegging stable) not met for core architecture.
Sources #
- URLhttps://app.rwa.xyz/assets/BUIDLretrieved 2026-04-26
Methodology #
Detect whether a stablecoin in this protocol's dependency graph depegs >2% on a venue with shared liquidity.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol blackrock-buidl factor RD-F-104 score gray collected_at 2026-05-12 09:40:42