# Stablecoin Reserve & Redemption Checks | StableRadar

> Reserve and redemption checks for major stablecoins.

Canonical: https://stableradar.com/compliance/checks
Generated: 2026-10-26T08:33:15.903Z (live figures are a snapshot at build time; see the canonical page for current values)

# Reserve & Redemption Checks
On-chain supply is live; reserve evidence is periodic. The gap between the two is shown explicitly — no real-time reserve verification is implied.

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| Issuer | Circulating supply | Supply timestamp | Reserve evidence | Coverage ratio | Redemption terms | Evidence gap |
| --- | --- | --- | --- | --- | --- | --- |
| Ripple | $2.48B | 1m ago | Attested monthly by an independent US CPA firm (latest reports: Deloitte & Touche LLP; earlier: BPM LLP), per NYDFS June 2022 guidance [↗](https://ripple.com/products/stablecoin/transparency/) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://ripple.com/products/stablecoin/) | Insufficient Evidence |
| Tether | $182.36B | 20s ago | Quarterly attestation by BDO (not a full audit) [↗](https://tether.io/news/tether-posts-strong-q2-performance-generates-1-5b-net-operating-profit-maintains-4-11b-reserve-buffer-and-expands-gold-holdings-to-more-than-146-tons/) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://tether.to/) | Insufficient Evidence |
| Circle | $71.96B | 1m ago | Monthly attestation by Deloitte & Touche LLP [↗](https://www.circle.com/transparency) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://www.circle.com/) | Insufficient Evidence |
| Paxos | $6.17B | 1m ago | Monthly attestation by KPMG LLP (since 28 Feb 2025; previously WithumSmith+Brown) [↗](https://www.paxos.com/pyusd-transparency) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://paxos.com/) | Insufficient Evidence |
| World Liberty Financial | $3.94B | 1m ago | Monthly attestation (KPMG LLP for Aug 2026; Crowe LLP for Apr 2026) [↗](https://www.bitgo.com/usd1/attestations/) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://www.bitgo.com/usd1/attestations/) | Insufficient Evidence |
| Sky (formerly MakerDAO) | $14.55B | 1m ago | On-chain (real-time collateral) [↗](https://info.sky.money/) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://sky.money/) | Insufficient Evidence |
| Ethena | $4.58B | 1m ago | Custodian attestations + on-chain proof (per Ethena) [↗](https://ethena.fi/transparency) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://ethena.fi/) | Insufficient Evidence |
| First Digital | $303.7M | 1m ago | Monthly attestation (AOGB CPA from Jan 2026; previously Prescient Assurance) [↗](https://www.firstdigitallabs.com/transparency) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://www.firstdigitallabs.com/) | Insufficient Evidence |
| Gemini | $36.2M | 1m ago | Monthly attestation by BPM LLP [↗](https://www.gemini.com/dollar) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://www.gemini.com/dollar) | Insufficient Evidence |
| USDD DAO | $1.77B | 1m ago | Issuer-reported [↗](https://usdd.io/) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://usdd.io/) | Insufficient Evidence |
| Techteryx | $493.8M | 1m ago | Issuer-reported real-time feed [↗](https://tusd.io/) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://tusd.io/) | Insufficient Evidence |
| Frax | $217.4M | 1m ago | On-chain [↗](https://frax.com/) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://frax.com/) | Insufficient Evidence |
| Usual | $541.0M | 1m ago | On-chain [↗](https://usual.money/) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://usual.money/) | Insufficient Evidence |
| Aave | $697.9M | 1m ago | On-chain [↗](https://aave.com/) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://aave.com/) | Insufficient Evidence |
| Curve | $194.5M | 1m ago | On-chain [↗](https://curve.fi/) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://curve.fi/) | Insufficient Evidence |
| Liquity | $25.7M | 1m ago | On-chain [↗](https://liquity.org/) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://liquity.org/) | Insufficient Evidence |
| Stasis | $6.6M | 1m ago | Issuer-reported [↗](https://stasis.net/transparency) | not calculable (no machine-readable reserve value) | [issuer terms ↗](https://stasis.net/) | Insufficient Evidence |

Last updated: 2026-10-26 · Sources: [CoinGecko](https://www.coingecko.com/), [DefiLlama](https://defillama.com/stablecoins), [Coinbase Exchange](https://exchange.coinbase.com/), [XRPL](https://xrpl.org/)