{
 "schema": "csoai.financial-measure-run/0.4",
 "axis": "distribution-integrity",
 "as_of": "2026-09-07T11:30:35Z",
 "n": 16,
 "n_unit": "issuer accounts (not bank items)",
 "status": "MEASURED",
 "risk_verdict": "UNMEASURED",
 "three_state": "PASS / FAIL / UNCHECKABLE per fact. UNREACHABLE page => UNCHECKABLE, never FAIL.",
 "producer": "scripts/grade_financial_ledgers.py",
 "honesty": "Facts MEASURED from this run's fetches. Risk/compliance/quality UNMEASURED. Not a rating, not advice, not an endorsement. No model, no accuracy, no leader. C-2026-0826-05: do not restore MEASURED-INDEX-v0.1.",
 "measured": [
  {
   "id": "RLUSD",
   "issuer": "Ripple",
   "mainnet_issuer": "rMxCKbEDwqr76QuheSUMdEGf4B9xJ8m5De",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 676949657,
    "holders": 41200,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "OUSG",
   "issuer": "Ondo Finance",
   "mainnet_issuer": "rHuiXXjHLpMP8ZE9sSQU5aADQVWDwv6h5p",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 1986128,
    "holders": 50,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "USDB",
   "issuer": "Braza Bank",
   "mainnet_issuer": "rB3y9EPnq1ZrZP3aXgfyfdXQThzdXMrLMc",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 119782236,
    "holders": 60,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "BBRL",
   "issuer": "Braza Bank",
   "mainnet_issuer": "rH5CJsqvNqZGxrMyGaqLEoMWRYcVTAPZMt",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 65399060,
    "holders": 40,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "EURCV",
   "issuer": "Société Générale-FORGE",
   "mainnet_issuer": "rUNaS5sqRuxZz6V7rBGhoSaZiVYA3ut4UL",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 10000000,
    "holders": 120,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "USD.bs",
   "issuer": "Bitstamp",
   "mainnet_issuer": "rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 8269170,
    "holders": 7314,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "EUR.bs",
   "issuer": "Bitstamp",
   "mainnet_issuer": "rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 4960396,
    "holders": 430,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "USD.gh",
   "issuer": "GateHub",
   "mainnet_issuer": "rhub8VRN55s94qWKDv6jmDy1pUykJzF3wq",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 4839276,
    "holders": 19800,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "USDC",
   "issuer": "Circle",
   "mainnet_issuer": "rGm7WCVp9gb4jZHWTEtGUr4dd74z2XuWhE",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 4133340,
    "holders": 80,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "EUR.gh",
   "issuer": "GateHub",
   "mainnet_issuer": "rhub8VRN55s94qWKDv6jmDy1pUykJzF3wq",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 1901401,
    "holders": 9400,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "EURQ",
   "issuer": "Quantoz",
   "mainnet_issuer": "rDk1xiArDMjDqnrR2yWypwQAKg4mKnQYvs",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 1000000,
    "holders": 2,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "USDQ",
   "issuer": "Quantoz",
   "mainnet_issuer": "rDk1xiArDMjDqnrR2yWypwQAKg4mKnQYvs",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 1000000,
    "holders": 1,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "EURØP",
   "issuer": "Schuman Financial",
   "mainnet_issuer": "rMkEuRii9w9uBMQDnWV5AA43gvYZR9JxVK",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 359973,
    "holders": 310,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "XAU.gh",
   "issuer": "GateHub",
   "mainnet_issuer": "rcoef87SYMJ58NAFx7fNM5frVknmvHsvJ",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 4133,
    "holders": 5600,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "GBP.gh",
   "issuer": "GateHub",
   "mainnet_issuer": "r4GN9eEoz9K4BhMQXe4H1eYNtvtkwGdt8g",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 199467,
    "holders": 2400,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  },
  {
   "id": "PSC",
   "issuer": "Republic of Palau",
   "mainnet_issuer": "rwekfW4MiS5yZjXASRBDzzPPWYKuHvKP7E",
   "distribution": {
    "classified_distributed_on_reader": "PASS",
    "reader_kind": "distributed",
    "chain_supply": 14588,
    "holders": 90,
    "represented_gt_distributed": "UNCHECKABLE",
    "represented_note": "no RWA.xyz key this run; represented supply not invented"
   }
  }
 ],
 "roster": "GET https://councilof.ai/api/xrpl",
 "tally": {
  "PASS": 16
 },
 "rubric": "reader classification + chain supply + holder count. represented>>distributed stays UNCHECKABLE.",
 "content_id": "8ffc60501b154c5de9cb649e6e7e34683715a2c17165f3eff622c7d21be2db6c"
}