The Re platform, focusing on decentralized insurance, has introduced two new products—reUSD and reUSDe—along with the Re Points Program.
New Products on the Market
Re introduces two new products: reUSD (Basis-Plus) and reUSDe (Insurance Alpha). These offerings aim to connect global capital allocators with the economics of regulated insurance. Unlike traditional insurance, where capital backs policies, Re moves this process on-chain, ensuring complete collateralization of obligations.
The Importance of This Trend
Insurance-linked securities combine predictable cash flows with low correlation to traditional equities and crypto volatility. The platform utilizes Avalanche’s network for more efficient processing of data and settlements compared to legacy systems.
Re Points Program
The Re Points Program rewards participants for engaging with the ecosystem, helping to grow liquidity in decentralized insurance markets. This additionally incentivizes institutional investors to participate in DeFi.
The decentralized insurance market is evolving with innovative products such as reUSD and reUSDe, aimed at improving access and transparency in insurance services.
