# Tangible’s USDR: 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/tangible-s-usdr

## Standing by category

| Category | Share | Rank | Negative rate | Labels |
|---|---|---|---|---|
| [Stablecoin platforms](https://www.gane.ai/index/finance/treasury/stablecoin-platforms/index.md) | 0% | 132 | 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 Tangible’s USDR, from 1 of the 1 answers that named it (only the models that return a source list).

### Domains cited

- binance.com: 1
- bis.org: 1
- bpi.com: 1
- chainargos.com: 1
- docs.ethena.fi: 1
- fintechfutures.com: 1
- madisondavis.com: 1
- pharos.watch: 1
- stablecoininsider.org: 1
- stripe.com: 1

### Pages cited

- https://binance.com/en/square/post/30950538660466: 1
- https://bis.org/speeches/20261029-deposit-insurance-changing-financial-landscape: 1
- https://bpi.com/stablecoin-risks-some-warning-bells: 1
- https://chainargos.com/risks-for-synthetic-stablecoins-ethena-labs-usde-case-study: 1
- https://docs.ethena.fi/protocol-overview/risks: 1
- https://fintechfutures.com/blockchain-crypto-digital-assets/white-paper-stablecoin-compliance-in-2026: 1
- https://madisondavis.com/stablecoin-risks-and-compliance: 1
- https://pharos.watch/stablecoin/usde-ethena: 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.
