Reserves REFERENCE · issuer transparency pages · as of 2026-10-26
Reserves are not real-time. We show assurance type and link the latest publication; supply is live. No reserve figure is presented as live.
| Issuer | Tokens | Live supply | Assurance | Composition (per issuer) | Evidence |
|---|---|---|---|---|---|
 Ripple | RLUSD | $2.44B | Verified Attested monthly by an independent US CPA firm (latest reports: Deloitte & Touche LLP; earlier: BPM LLP), per NYDFS June 2022 guidance | Cash deposits, government money-market funds, short-term US T-bills, overnight reverse repo (per docs.ripple.com; Deloitte named in Feb–Mar 2026 reports) | open ↗ |
 Tether | USDT | $182.37B | Insufficient Evidence Quarterly attestation by BDO (not a full audit) | ~80% US Treasuries + repo, cash, gold (>146 t), BTC, secured loans, other (per Tether) | open ↗ |
 Circle | USDC, EURC | $71.97B | Insufficient Evidence Monthly attestation by Deloitte & Touche LLP | Circle Reserve Fund (USDXX: T-bills, repo) + cash at banks (per Circle) | open ↗ |
 Paxos | PYUSD, USDG | $6.17B | Insufficient Evidence Monthly attestation by KPMG LLP (since 28 Feb 2025; previously WithumSmith+Brown) | Cash, US T-bills, overnight reverse repo (per Paxos) | open ↗ |
 World Liberty Financial | USD1 | $3.94B | Insufficient Evidence Monthly attestation (KPMG LLP for Aug 2026; Crowe LLP for Apr 2026) | Cash, T-bills (per BitGo reserve report) | open ↗ |
 Sky (formerly MakerDAO) | USDS, DAI | $14.53B | Partial On-chain (real-time collateral) | Crypto collateral, RWA vaults, PSM stablecoins | open ↗ |
 Ethena | USDE | $4.58B | Insufficient Evidence Custodian attestations + on-chain proof (per Ethena) | Crypto collateral hedged with perps, stablecoins | open ↗ |
 First Digital | FDUSD | $303.7M | Insufficient Evidence Monthly attestation (AOGB CPA from Jan 2026; previously Prescient Assurance) | T-bills, cash (per issuer) | open ↗ |
 Gemini | GUSD | $36.3M | Insufficient Evidence Monthly attestation by BPM LLP | Cash, US T-bills | open ↗ |
 USDD DAO | USDD | $1.78B | Insufficient Evidence Issuer-reported | Crypto collateral (per issuer) | open ↗ |
 Techteryx | TUSD | $493.7M | Insufficient Evidence Issuer-reported real-time feed | Per issuer | open ↗ |
 Frax | FRAX | $217.5M | Partial On-chain | Protocol collateral | open ↗ |
 Usual | USD0 | $540.8M | Partial On-chain | Tokenized T-bills | open ↗ |
 Aave | GHO | $697.9M | Partial On-chain | Aave collateral | open ↗ |
 Curve | CRVUSD | $194.8M | Partial On-chain | LLAMMA collateral | open ↗ |
 Liquity | LUSD | $25.8M | Partial On-chain | ETH | open ↗ |
 Stasis | EURS | $6.6M | Insufficient Evidence Issuer-reported | EUR (per issuer) | open ↗ |