# Real USD: how AI models rank it, November 2026

Gane Index, November 2026 Edition. Named in 1 judge label across 1 category by 1 of 14 models. Page: https://www.gane.ai/index/finance/vendors/real-usd

## Standing by category

| Category | Share | Rank | Negative rate | Labels |
|---|---|---|---|---|
| [Stablecoin platforms](https://www.gane.ai/index/finance/treasury/stablecoin-platforms/index.md) | 0% | 128 | 100% | 1 |

## And against it

- "Tangible’s USDR (Real USD) depegged in 2023 when a surge in redemptions exhausted its liquid treasury" (Gemini 3.5 Flash, Stablecoin platforms)

## By model

| Model | First choice | Alternative | Mention | Warning | Labels |
|---|---|---|---|---|---|
| Claude Haiku 4.5 | 0 | 0 | 0 | 0 | 0 |
| GPT-5.4 mini | 0 | 0 | 0 | 0 | 0 |
| Gemini 3.5 Flash | 0 | 0 | 0 | 1 | 1 |
| Perplexity Sonar | 0 | 0 | 0 | 0 | 0 |
| Grok 4.20 | 0 | 0 | 0 | 0 | 0 |
| Mistral Small | 0 | 0 | 0 | 0 | 0 |
| DeepSeek V4 Flash | 0 | 0 | 0 | 0 | 0 |
| Llama 4 Maverick | 0 | 0 | 0 | 0 | 0 |
| Qwen 3.7 Flash | 0 | 0 | 0 | 0 | 0 |
| Kimi K2 | 0 | 0 | 0 | 0 | 0 |
| GLM 4.7 FlashX | 0 | 0 | 0 | 0 | 0 |
| MiniMax M2.5 | 0 | 0 | 0 | 0 | 0 |
| GPT-6 Luna | 0 | 0 | 0 | 0 | 0 |
| Muse Glimmer 30B | 0 | 0 | 0 | 0 | 0 |

## Sources returned with these answers

The sites and pages cited by the answers that named Real USD, from 2 of the 2 answers that named it (only the models that return a source list).

### Domains cited

- bis.org: 2
- pharos.watch: 2
- stripe.com: 2
- binance.com: 1
- bpi.com: 1
- cftc.gov: 1
- chainargos.com: 1
- chainsec.io: 1
- docs.ethena.fi: 1
- federalreserve.gov: 1

### Pages cited

- https://binance.com/en/square/post/30950538660466: 1
- https://bis.org/publications/fsi-insight-57-stablecoins-regulatory-responses-their-promise-stability.pdf: 1
- https://bis.org/speeches/20261029-deposit-insurance-changing-financial-landscape: 1
- https://bpi.com/stablecoin-risks-some-warning-bells: 1
- https://cftc.gov/LearnAndProtect/AdvisoriesAndArticles/understand_risks_of_virtual_currency.html: 1
- https://cftc.gov/sites/default/files/LearnandProtect/DigitalAssetRedFlags.pdf: 1
- https://chainargos.com/risks-for-synthetic-stablecoins-ethena-labs-usde-case-study: 1
- https://chainsec.io/failed-stablecoins: 1

## Record

- Method: https://www.gane.ai/index/finance/methodology
- License: CC BY 4.0. Cite as Gane Index, November 2026 Edition, www.gane.ai/index/finance.