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Record sog_st_dlusd

DLUSDDLUSD

Also recorded as DLUSD, Deel USD, Deel USD-denominated balance

Active

Lifecycle: Active
Issuance: Open
Reference target: US dollar
Primary organization: Bridge
No additional recorded relationship
Launch: 2026-06-03
Redemption: Deel Platform Exit Direct Issuer Boundary Unknown
Backing: Unknown
Stabilization: Issuer redemption
Last review: 2026-09-08
Evidence: 3 source records

Reviewed assessment

Identity and current state

This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.

USD-denominated custom stablecoin used in Deel's contractor stablecoin wallet, issued through Bridge Open Issuance and settled on Tempo.

Name	DLUSD
Symbol	DLUSD
Aliases	DLUSD, Deel USD, Deel USD-denominated balance
Asset class	Stablecoin
Lifecycle status	Active
Issuance status	Open
Canonical record ID	`sog_st_dlusd`
Route slug	`deel-dlusd`
Record confidence	High
Last reviewed	2026-09-08

Name: DLUSD
Symbol: DLUSD
Aliases: DLUSD, Deel USD, Deel USD-denominated balance
Asset class: Stablecoin
Lifecycle status: Active
Issuance status: Open
Canonical record ID: sog_st_dlusd
Route slug: deel-dlusd
Record confidence: High
Last reviewed: 2026-09-08

Record coverage

Section	Entries
Organizations	1
Sources	3
Reserve reports	0
Reserve components	1
Model-history events	0
Regulatory notes	0
Deployments	1
Issuer-control actions	0
Open questions	1
Events	1

Material concerns

What the reviewed record does not let you assume

Active status and verified evidence are not safety endorsements. Unknown means the reviewed record does not support a stronger conclusion.

Reserve verification: Not independently evidenced in the registry
Redemption clarity: Unresolved
Material known unknowns: 1 open

Organizations and control

Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.

Governance: Centralized
Primary display organization: Bridge
Primary display role: Legal issuer
Relationship coverage: 1 recorded relationship

Control and relationship coverage

Display selection mode: Deterministic Policy
Current relationships: 1
Ended relationships: 0
Unknown relationship state: 0
Freeze capability: 0 recorded yes · 0 recorded no · 1 not recorded
Blacklist capability: 0 recorded yes · 0 recorded no · 1 not recorded
Deployment control-event references: 1
Observed issuer-control events: 0

All current, ended, and unknown-state organization relationships
Organization	Organization category	Regulatory character	Jurisdiction	Role	Display priority	From	Until	Relationship status
Bridge	Digital-asset service or infrastructure provider	Regulated digital-asset service provider	United States	Legal issuer	Primary display	2026-06-03	Not yet recorded	Active relationship

Digital-asset service or infrastructure provider

Bridge

Primary display

Functional role: Legal issuer
Relationship status: Active relationship
Regulatory character: Regulated digital-asset service provider
Jurisdiction: United States
From: 2026-06-03
Until: Not recorded

Mechanism

How the asset works

Primary operating facts are shown first. Classification and methodology details remain available below.

Reference target: US dollar
Public backing model: Unknown
Primary stabilization mechanism: Issuer redemption
Redemption / exit model: Deel Platform Exit Direct Issuer Boundary Unknown
Valuation source: Public information is incomplete
Yield / rebase profile: No recorded change · Accrual: No recorded change

Classification and mechanism details

Reference kind: Fiat
Comparison category: US dollar
Target value: 1
Reference methodology: Deel describes DLUSD as a USD-denominated digital balance designed to track USD value 1:1; Stripe describes it as a US-dollar-backed custom stablecoin.
Canonical backing types: Cash, Treasuries
Reserve component categories: Other
Recorded model description: Fiat Reserve Backed
Classification notes: Bridge Open Issuance custom stablecoin used in Deel's closed product surface and settled on Tempo. Cash/Treasury backing comes from Bridge's issuance design; exact DLUSD reserve allocation is not inferred.

Reserve and redemption

Recorded components, disclosures, reports, and redemption conditions remain explicit.

Reserve components

U.S.-dollar value held in cash and U.S. Treasuries through Bridge Open IssuanceOther · 100% · Combined cash-and-Treasury reserve description is preserved without inventing a split. Exact current allocation, custodians and asset-specific attestation remain unresolved.

Reserve profile

Disclosure status	Issuer Structure Disclosed
Backing types	Cash, Treasuries
Summary	Bridge states Open Issuance custom stablecoins are always backed 1:1 by equivalent USD value, with reserves managed in cash and U.S. Treasuries. Exact DLUSD allocation is not published in the reviewed sources.
As of	2026-09-08
Profile confidence	High

Disclosure status: Issuer Structure Disclosed
Backing types: Cash, Treasuries
Summary: Bridge states Open Issuance custom stablecoins are always backed 1:1 by equivalent USD value, with reserves managed in cash and U.S. Treasuries. Exact DLUSD allocation is not published in the reviewed sources.
As of: 2026-09-08
Profile confidence: High

Redemption profile

Current status	Unknown after review
Settlement asset	USD
Eligible parties	Eligible Deel contractors can move their DLUSD wallet balance back to Deel balance for USD value; exact direct Bridge redemption eligibility is not established here.
Retail access	Available Within Deel Platform
Institutional access	Unknown after review
Minimum amount	not established
Fee	Deel states movement back to Deel balance is available without costs; direct Bridge redemption fees are not established here.
Settlement time	Deel describes movement back to Deel balance as instant; direct Bridge redemption timing is not established.
Regional limits	Deel Eligibility and Kyc Required, Availability Varies By Country

Current status: Unknown after review
Settlement asset: USD
Eligible parties: Eligible Deel contractors can move their DLUSD wallet balance back to Deel balance for USD value; exact direct Bridge redemption eligibility is not established here.
Retail access: Available Within Deel Platform
Institutional access: Unknown after review
Minimum amount: not established
Fee: Deel states movement back to Deel balance is available without costs; direct Bridge redemption fees are not established here.
Settlement time: Deel describes movement back to Deel balance as instant; direct Bridge redemption timing is not established.
Regional limits: Deel Eligibility and Kyc Required, Availability Varies By Country

Reserve and attestation history

Date	Publisher	Type	Assets covered	Record confidence
No reserve reports have been added yet.

No reserve reports have been added yet.

Deployments and legal context

Network state, contract identity, legal notices, and value states remain separate.

Blockchain deployments

Network	Standard	Deployment type	Operational state	Contract or identifier
Tempo	Unknown after review	Issuer- or institution-supported deployment	Active	Identifier not recorded
Technical, canonicality, and control fields Network record state Specific network recorded Canonical deployment type Issuer Native Token Recorded status Active Change or proposal state No separate change state recorded Canonicality Issuer-native deployment Canonicality record state Canonicality recorded Verification state Source-linked record; identifier not recorded Contract identity state Identifier not recorded Freeze Not yet recorded Blacklist Not yet recorded Control events 1 Notes Stripe's launch announcement states that every DLUSD transaction is conducted on Tempo. Exact contract or token identifier is not established in the reviewed primary sources.

Network

Tempo

Active

Standard: Unknown after review
Deployment type: Issuer- or institution-supported deployment
Contract or identifier: Identifier not recorded

Technical, canonicality, and control fields

Network record state: Specific network recorded
Canonical deployment type: Issuer Native Token
Recorded status: Active
Change or proposal state: No separate change state recorded
Canonicality: Issuer-native deployment
Canonicality record state: Canonicality recorded
Verification state: Source-linked record; identifier not recorded
Contract identity state: Identifier not recorded
Freeze: Not yet recorded
Blacklist: Not yet recorded
Control events: 1
Notes: Stripe's launch announcement states that every DLUSD transaction is conducted on Tempo. Exact contract or token identifier is not established in the reviewed primary sources.

Regulatory and official notices

Date	Title	Authority / publisher	Type	Summary
No regulatory notes have been added yet.

No regulatory notes have been added yet.

Evidence

Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.

3 source identities · 3 evidence relations
Source	Publisher	Source category	Provenance	Primary or secondary	Supported claims	Archive	Reliability
Deel chooses Stripe to create a stablecoin wallet to help millions of contractors hold, earn, and spend globally Published 2026-06-03	Stripe	Official statement or announcement Canonical: Official Announcement	Subject-controlled source	Primary source	Identity, Launch, Issuer, Deployment, Backing, Distribution, Dlusd Launch Bridge Open Issuance Tempo Settlement	Archive index or wildcard	High
Deel stablecoin wallet current availability and DLUSD terms Published Not yet recorded	Deel	Official documentation or product page Canonical: Official Website	Subject-controlled source	Primary source	Identity, Current State, Redemption, Distribution, Income Boundary, Dlusd Current Live Wallet 1to1 Platform Exit and Rewards Boundary	Archive index or wildcard	High
Bridge Open Issuance overview Published Not yet recorded	Bridge	Official documentation or product page Canonical: Official Documentation	Subject-controlled source	Primary source	Issuer, Backing, Reserve, Redemption Boundary, Control, Bridge Custom Stablecoin Issuance 1to1 Backing Reserve Structure	Archive index or wildcard	High

Official statement or announcement

Deel chooses Stripe to create a stablecoin wallet to help millions of contractors hold, earn, and spend globally

High

Publisher: Stripe
Published: 2026-06-03
Provenance: Subject-controlled source
Primary or secondary: Primary source
Supported claims: Identity, Launch, Issuer, Deployment, Backing, Distribution, Dlusd Launch Bridge Open Issuance Tempo Settlement
Archive: Archive index or wildcard
Reliability: High

Official documentation or product page

Deel stablecoin wallet current availability and DLUSD terms

High

Publisher: Deel
Published: Not yet recorded
Provenance: Subject-controlled source
Primary or secondary: Primary source
Supported claims: Identity, Current State, Redemption, Distribution, Income Boundary, Dlusd Current Live Wallet 1to1 Platform Exit and Rewards Boundary
Archive: Archive index or wildcard
Reliability: High

Official documentation or product page

Bridge Open Issuance overview

High

Publisher: Bridge
Published: Not yet recorded
Provenance: Subject-controlled source
Primary or secondary: Primary source
Supported claims: Issuer, Backing, Reserve, Redemption Boundary, Control, Bridge Custom Stablecoin Issuance 1to1 Backing Reserve Structure
Archive: Archive index or wildcard
Reliability: High

Known unknowns

Known unknowns and coverage

Missing or disputed facts remain visible instead of being converted into certainty.

Open questions

Topic	What remains unclear	Value state	Priority	Last checked
Exact Issuing Affiliate Contract Reserve Allocation and Direct Redemption	Primary materials establish a live DLUSD custom stablecoin issued through Bridge Open Issuance, 1:1 USD value design, Tempo settlement and Deel-platform exit back to USD value. They do not establish the exact Bridge issuing affiliate for DLUSD, the current token contract or identifier, exact DLUSD cash/Treasury allocation, current custodians for this specific asset, holder legal claim, bankruptcy-remoteness treatment or direct Bridge redemption eligibility for ordinary Deel users.	Unknown after review	Medium	2026-09-08

Exact Issuing Affiliate Contract Reserve Allocation and Direct Redemption

Primary materials establish a live DLUSD custom stablecoin issued through Bridge Open Issuance, 1:1 USD value design, Tempo settlement and Deel-platform exit back to USD value. They do not establish the exact Bridge issuing affiliate for DLUSD, the current token contract or identifier, exact DLUSD cash/Treasury allocation, current custodians for this specific asset, holder legal claim, bankruptcy-remoteness treatment or direct Bridge redemption eligibility for ordinary Deel users.

Value state: Unknown after review
Priority: Medium
Last checked: 2026-09-08

Lifecycle

History

Current classification remains separate from dated changes and incidents.

Model and lifecycle changes

No separate model-change event is currently recorded.

Event timeline

Date	Event	Category	Subtype	Status effect	Recovery
2026-06-03	DLUSD launch and live expansion	Launch and introduction	Launch	Remained active	Not applicable

Related records and corrections

Corrections and further reading

Open connected records, methodology, machine-readable data, or report a correction.