Algorithmic / under-collateralized stablecoin
OpenEden's assessment for RD-F-069 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
USDO is a fully-collateralized yield-bearing stablecoin backed by US Treasury bills and reverse repurchase agreements. It is NOT an algorithmic or under-collateralized stablecoin design. Peg maintained via redemption at NAV, not seigniorage mechanics. TBILL is fully backed 1:1 by T-bill pool. Per briefing §7: 'USDO is RWA-backed, NOT an algo stablecoin; TBILL is fully-backed.' PD-024 and briefing pre-mark both confirm not_applicable.
Sources #
- DocsOpenEden — USDO introduction: backed by US T-bills and reverse reposhttps://docs.openeden.com/usdo/introductionretrieved 2026-05-16
Methodology #
Classify whether the protocol is an algorithmic or under-collateralized stablecoin design per curator classification.
See the full factor methodology and distribution across all protocols →