Historical bad-debt events

Circle USYC's assessment for RD-F-067 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

No lending market means no bad-debt mechanism. PD-024: lending-only factor. USYC has no lending positions, no liquidations, and no socialized-loss mechanism.

Sources #

Internal
PD-024 not_applicable - lending-only factorPD-024 lending-only designation; data cache borrow.present: false; USYC protocol_type evm_rwa with no lending marketretrieved 2026-05-15

Methodology #

Count and sum (USD) the number of documented bad-debt events where the protocol socialized losses across depositors.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol circle-usyc factor RD-F-067 score not_applicable collected_at 2026-05-15 21:56:43