{ "version": "1.1.0", "reviewedAt": "2026-10-21", "scope": "Public-source research, not live reserve verification", "assets": [ { "id": "rh-stock", "name": "Robinhood Stock Tokens", "symbol": null, "type": "equity", "typeLabel": "Equity tokens", "issuer": "Robinhood Assets (Jersey) Limited", "scope": "Robinhood Chain", "scopeNote": "Asset-class record, not an individual security token", "summary": "A reading of the holder-rights structure, tokenization window and direct-participation requirements for Stock Tokens — individual assets require their applicable issuance documents", "reserve": "This record does not connect to underlying holdings or reserve proofs — it organizes published issuer rules only", "liability": "Issuance obligations, pending redemptions and offchain liabilities have not been independently verified", "rights": "Economic exposure to the underlying security without legal or beneficial rights in that security or against its issuer", "exitLabel": "Eligibility and time windows", "window": "Minting and burning operate within a specified Monday-to-Saturday window using CET / CEST — check the latest official schedule", "eligibility": "Direct subscription is restricted to authorized participants that complete KYB — holding a token does not establish direct-subscription or redemption eligibility", "fees": "Not verified in this record — confirm the specific asset, channel and applicable terms", "missing": "Underlying holdings, reserve coverage, complete liabilities and actual settlement times have not been independently verified", "verification": "Not independently verified", "reviewedAt": "2026-10-21", "routes": { "market": { "steps": [ { "title": "Check trading availability", "description": "Confirm whether the specific asset is tradable in the current session" }, { "title": "Review market conditions", "description": "Check the venue, available depth and expected slippage" }, { "title": "Sell through the market", "description": "Execution depends on available counterparties and market liquidity" } ], "note": "Onchain trading does not mean the issuer accepts redemptions around the clock or that every holder can participate in the primary market" }, "issuer": { "steps": [ { "title": "Establish your eligibility", "description": "Read authorized-participant requirements and the holder-exit arrangements in the issuance documents" }, { "title": "Check the applicable window", "description": "Minting and burning are subject to defined windows and asset-specific rules" }, { "title": "Follow the channel rules", "description": "Confirm exit rights, channel availability and settlement arrangements in the applicable documents" } ], "note": "The documentation restricts direct subscription to authorized participants — this tool does not arrange redemptions or determine an individual's eligibility" } }, "sources": [ { "title": "Robinhood Stock Tokens documentation", "url": "https://docs.robinhood.com/chain/stock-tokens/", "kind": "Issuer documentation", "covers": "Rights structure, authorized-participant eligibility, tokenization windows and trading availability" }, { "title": "Robinhood issuance documents", "url": "https://docs.robinhood.com/rhj", "kind": "Terms directory", "covers": "Entry point for the base prospectus, supplements and applicable final terms — not individually verified by this record" } ] }, { "id": "usdc", "name": "USDC", "symbol": "USDC", "type": "stablecoin", "typeLabel": "Stablecoins", "issuer": "Circle regulated issuing entities", "scope": "Cross-chain reference", "scopeNote": "Inclusion does not establish native issuance on Robinhood Chain", "summary": "A reading of issuer reserve disclosures and Circle Mint participation requirements — token ownership and direct issuer-redemption access are separate questions", "reserve": "Circle discloses cash and cash-equivalent backing and publishes monthly reserve attestations — this site has not independently verified those disclosures", "liability": "This record does not synchronize live token supply or independently reconcile reserves against issuance obligations", "rights": "Circle describes redemption at an equivalent dollar value — direct redemption remains subject to Circle Mint eligibility and applicable terms", "exitLabel": "Institutional access requirements", "window": "Banking, channel and compliance processing apply — specific settlement times have not been verified here", "eligibility": "Circle Mint serves eligible institutions and is not available to individuals or small businesses", "fees": "Confirm platform, bank and conversion-channel charges — this record does not quote a universal fee", "missing": "Live reserve coverage, current document validity, individual-channel charges and settlement times have not been independently verified", "verification": "Not independently verified", "reviewedAt": "2026-10-21", "routes": { "market": { "steps": [ { "title": "Choose an eligible platform", "description": "Confirm that the platform supports USDC conversion in your jurisdiction" }, { "title": "Check fees and the network", "description": "Confirm the token network, withdrawal charges and payout method" }, { "title": "Exit through the platform", "description": "Use an exchange, wallet or offramp service under its own terms" } ], "note": "Platform conversion and direct issuer redemption are different channels — prices, limits and processing times can differ" }, "issuer": { "steps": [ { "title": "Confirm institutional eligibility", "description": "Review the eligible entity types and jurisdictions for Circle Mint" }, { "title": "Complete institutional onboarding", "description": "Meet account, identity, banking and other participation requirements" }, { "title": "Request a conversion", "description": "Follow Circle Mint rules — banking and compliance processes affect settlement" } ], "note": "Circle Mint is not available to individuals or small businesses — holding USDC does not automatically qualify a holder for a Circle Mint account" } }, "sources": [ { "title": "Circle USDC product documentation", "url": "https://www.circle.com/usdc", "kind": "Issuer disclosure", "covers": "Reserve composition, institutional conversion and individual access channels" }, { "title": "Circle reserve transparency", "url": "https://www.circle.com/transparency", "kind": "Reserve disclosure directory", "covers": "Reserve disclosures and attestation resources — this site does not turn them into a live reserve conclusion" } ] }, { "id": "usdy", "name": "USDY", "symbol": "USDY", "type": "treasury", "typeLabel": "Treasury & yield assets", "issuer": "Applicable Ondo issuing entity — confirm current terms", "scope": "Cross-chain reference", "scopeNote": "Inclusion does not establish issuance on Robinhood Chain", "summary": "A reading of Treasury and bank-deposit backing disclosures, together with non-US participation and redemption requirements", "reserve": "The product page discloses short-term US Treasuries and bank deposits with reserve-report resources — not independently verified by this site", "liability": "Current outstanding debt, complete liabilities and collateral priority have not been independently verified", "rights": "Debt-holder rights depend on the issuance documents — holding USDY is not the same as directly holding the underlying Treasuries", "exitLabel": "Jurisdiction and onboarding limits", "window": "The issuer describes daily subscription and redemption arrangements — actual processing depends on the channel and applicable rules", "eligibility": "Available to eligible non-US individuals and institutions — direct participation requires issuer onboarding", "fees": "Current minimum amounts, service fees and bank charges have not been verified — review the latest rules", "missing": "Current issuance terms, live liabilities, full collateral relationships and actual redemption processing times have not been independently verified", "verification": "Not independently verified", "reviewedAt": "2026-10-21", "routes": { "market": { "steps": [ { "title": "Check jurisdiction and asset", "description": "Confirm applicable local rules, the token version and the correct network" }, { "title": "Review market liquidity", "description": "Check available venues, depth and the asset received on conversion" }, { "title": "Sell at the market price", "description": "Market execution may differ from the asset's reference value" } ], "note": "A secondary-market price is not an issuer-redemption price — a yield-bearing asset is not a bank deposit or a risk-free asset" }, "issuer": { "steps": [ { "title": "Review participation limits", "description": "Confirm non-US eligibility and jurisdiction-specific restrictions" }, { "title": "Complete issuer onboarding", "description": "Follow the issuer's identity and channel-verification requirements" }, { "title": "Request redemption under the terms", "description": "Confirm current limits, fees and timing for the applicable settlement channel" } ], "note": "The product page describes dollar redemptions by wire to non-US bank accounts — confirm all conditions in the latest applicable documents" } }, "sources": [ { "title": "Ondo USDY product documentation", "url": "https://ondo.finance/usdy", "kind": "Issuer disclosure", "covers": "Backing assets, non-US eligibility, public reserve resources and redemption channels" }, { "title": "Ondo USDY structural introduction", "url": "https://ondo.finance/blog/introducing-ondo-usd-yield-usdy", "kind": "Historical product explanation", "covers": "Background on the debt structure — historical explanations do not replace current issuance documents" } ] } ] }