BlackHartBlackHart
Scores/Circle CCTP/Provenance/Cascade Exposure
D12

Cascade Exposure

Extrinsic systemic risk: upstream dependency failures that propagate into this protocol, and downstream blast radius if this protocol fails.

Weight 5%58% confidence
60
Moderate
info

How This Score Is Built

Extrinsic systemic risk: upstream dependency failures that propagate into this protocol, and downstream blast radius if this protocol fails.

+23Strong positive
+12Positive
+5Slight positive
−15Strong negative
−8Negative
−3Slight negative

Scoring Tree

BRI Formula
300 + 700 × ∏(Dᵢ/100)^wᵢ
680
Current BRI
D12Cascade Exposure
Weight 5%
60
(60/100)^0.05 = 0.9748
Contributing Factors
+15CCTP is the canonical native-USDC cross-chain rail used by major aggregators/wallets (LI.FI, across, etc.) and is integrated on 13+ chains — a forged-mint or prolonged pause would disrupt native-USDC movement ecosystem-wide
+15Scored 60 (more isolated than the issuer's 30): CCTP failure does NOT directly depeg spot USDC on the canonical chain; blast radius is the cross-chain transfer layer and destination-chain USDC supply integrity, not every DeFi position holding mainnet USDC
+15Analyst judgment — circle-cctp is not yet in cross_protocol_composition.json
+15ACTION FOR REVIEWER: add circle-cctp to cross_protocol_composition.json (downstream: bridge aggregators / multi-chain USDC integrations)
Evidence Sources
blackhart_analysisMay 30sha256:1ca265998fd0....

Score Composition

+15

CCTP is the canonical native-USDC cross-chain rail used by major aggregators/wallets (LI.FI, across, etc.) and is integrated on 13+ chains — a forged-mint or prolonged pause would disrupt native-USDC movement ecosystem-wide

Positive
+15

Scored 60 (more isolated than the issuer's 30): CCTP failure does NOT directly depeg spot USDC on the canonical chain; blast radius is the cross-chain transfer layer and destination-chain USDC supply integrity, not every DeFi position holding mainnet USDC

Positive
+15

Analyst judgment — circle-cctp is not yet in cross_protocol_composition.json

Positive
+15

ACTION FOR REVIEWER: add circle-cctp to cross_protocol_composition.json (downstream: bridge aggregators / multi-chain USDC integrations)

Positive

Evidence Chain (1 files)

Cascade AnalysisMay 30, 2026, 05:10 AM
chains involved: 13+ (native USDC chains)
downstream protocols: high (bridge aggregators, multi-chain wallets, cross-chain DeFi)
dependency clusters: null
sha256:1ca265998fd0...

Score History

No dimension-level score changes recorded yet.

Methodology: 2.1Formula: 1.1Weights: 1.1