Stablecoin record
Resolv USD
Crypto-native USD-pegged stablecoin from Resolv, supported by a delta-neutral collateral strategy and a separate RLP risk-absorption layer. USR entered a restricted recovery state after an unauthorized 80 million USR minting incident on 22 March 2026.
LifecycleRestricted
Events1
Sources6
| Symbol | USR |
|---|---|
| Asset class | Stablecoin |
| Reference target | Fiat |
| Redemption / exit model | Protocol Redemption |
| Valuation source | Resolv collateral accounting, oracle-priced mint and burn requests, and market price |
| Yield / rebase profile | No recorded change · Accrual: No recorded change |
| Classification notes | Restricted after the March 2026 unauthorized-mint incident. USR, RLP, stUSR, and wstUSR remain separate asset identities. |
| Lifecycle status | Restricted |
| Issuance status | Restricted |
| Peg reference | Fiat · USD |
| Backing types | Crypto Collateral, Stablecoin Collateral, Tokenized Fund, Mixed |
| Stabilization | Hybrid |
| Governance | Hybrid |
| Primary organization | Resolv |
| Primary role | Protocol Operator |
| Last reviewed | 2026-06-14 |
| Organization | Role | From | Until | Relationship status |
|---|---|---|---|---|
| Resolv | Protocol Operator | — | — | Active |
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Resolv
Protocol Company · Unknown
Event history
1 event connected to this stablecoin.
| Disclosure status | Protocol Disclosure with Incident Recovery |
|---|---|
| Backing types | Crypto Collateral, Stablecoin Collateral, Tokenized Fund, Mixed |
| Summary | Resolv documentation describes USR as overcollateralized by liquid assets allocated across delta-neutral crypto, DeFi dollar, and real-world-asset clusters, with RLP functioning as a junior first-loss or insurance layer. The March 2026 incident concerned unauthorized token minting rather than reported loss of the underlying collateral pool. |
| As of | 2026-06-14 |
| Profile confidence | High |
| Current status | Restricted |
|---|---|
| Settlement asset | USDC or USDT through approved mint/burn request infrastructure, plus incident-recovery distributions where applicable |
| Eligible parties | Whitelisted users of supported request-manager contracts and eligible holders under the post-incident recovery process. |
| Retail access | Restricted Protocol Access |
| Institutional access | Restricted Protocol Access |
| Minimum amount | Contract-, whitelist-, recovery-process-, and transaction-dependent. |
| Fee | Oracle-price, protocol, liquidity, settlement, and gas costs may apply. |
| Settlement time | Official documentation describes minting in approximately one to five blocks and normal burns within up to 24 hours; post-incident recovery timing is separate. |
| Regional limits | Mint and burn request-manager access requires whitelisting., Post-incident eligibility and process conditions apply. |
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 6 |
| Reserve reports | 0 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 2 |
| Events | 1 |
| Date | Event | Type | Detail kind | Recovered |
|---|---|---|---|---|
| 2026-03-22 | Unauthorized USR minting incident restricts Resolv operations | Security Incident | Other | No |
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| No reserve reports have been added yet. | ||||
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
| Chain | Standard | Deployment | Status | Freeze | Blacklist | Control events | Contract | Notes |
|---|---|---|---|---|---|---|---|---|
| Ethereum | — | Canonical Issuance | Restricted | Unknown | Unknown | 0 | 0x66a1e37c9b0eaddca17d3662d6c05f4decf3e110 | Canonical USR token listed in the official Resolv public contract repository. Current operational restrictions arise from incident response and do not imply that the contract address is inactive. |
| Source | Publisher | Type | Evidence scope | Reliability |
|---|---|---|---|---|
| USR overview | Resolv | Protocol Docs | Usr Overcollateralization Redemption and Rlp Layer, Usr Distinct from Stusr and Wstusr | High |
| Using USR | Resolv | Protocol Docs | Usr Collateral Asset Clusters and User Operations | High |
| USR token supply operations | Resolv | Protocol Docs | Usr Whitelisted Mint Burn Requests and Settlement Timing | High |
| Resolv deployed and verified contracts | Resolv | Code Repository | Usr Ethereum Contract Identity and Related Token Separation | High |
| Resolv Postmortem: March 22, 2026 Incident | Resolv | Official Postmortem | Usr Unauthorized Mint Containment and Recovery, Usr Collateral Pool Not Reported Lost | High |
| Resolv incident notice and current recovery context | Resolv | Protocol Page | Usr Current Incident Notice and Recovery State | High |
| Topic | What remains unclear | Priority | Last checked |
|---|---|---|---|
| Post Incident Final Recovery State | The final outcome of the March 2026 incident, including complete invalidation, compensation, protocol restart, and long-term issuance design, remains unresolved. | High | 2026-06-14 |
| Original Launch Date and Multichain Inventory | USR's original day-level launch date and a complete verified list of canonical or bridged deployments outside Ethereum have not yet been fixed. | Medium | 2026-06-14 |