Issuer Ranking SUPPLY & PEG LIVEREFERENCE · licences/attestations · as of 2026-10-26
In short: Ranking of 17 stablecoin issuers by StableRadar's Regulatory Compliance Score, built from licences (checked against official regulator registers), reserves and attestations, redemption rights, enforcement history and transparency. Algorithmic assessment from public sources; reference data as of 2026-10-26.
All tracked stablecoin issuers. Ripple is pinned as the priority issuer; others sort by the selected column. Click a row for the full due-diligence profile.
Issuers trackedLIVE
17
Combined supplyLIVE
$290.30B
With ≥1 authorised licence
7
Monthly attestation
6
| # | Issuer | Supply (live) ↓ | Coins | Peg max |dev| | Licences | Jurisdictions | Attestation | Transparency | SRS |
|---|---|---|---|---|---|---|---|---|---|
| ★ |  | $2.44B | 1 | 1.6 bps | 5 | US, AE, JP | Monthly Deloitte & Touche LLP | 81 | |
| 1 |  Tether San Salvador, El Salvador (relocated Jan 2025) | $182.37B | 1 | 6.5 bps | 1 | SV | Quarterly BDO (Italia) | 58 | |
| 2 |  Circle New York / Boston, US | $71.97B | 2 | 4.4 bps | 13 | US, EU, SG, BM, UK, AE, JP, CA | Monthly Deloitte & Touche LLP | 68 | |
| 3 |  Sky (formerly MakerDAO) Decentralized | $14.53B | 2 | 1.0 bps | 0 | — | Continuous — | 68 | |
| 4 |  Paxos New York, US | $6.17B | 2 | 0.9 bps | 4 | US, SG, EU | Monthly KPMG LLP | 69 | |
| 5 |  Ethena BVI | $4.58B | 1 | 5.5 bps | 0 | — | Weekly (per Ethena) Various (per Ethena) | 53 | |
| 6 |  World Liberty Financial US | $3.94B | 1 | 10.4 bps | 1 | US | Monthly KPMG LLP | 56 | |
| 7 |  USDD DAO No public data | $1.78B | 1 | 9.9 bps | 0 | — | No public data — | 53 | |
| 8 |  Aave Decentralized | $697.9M | 1 | 15.5 bps | 0 | — | Continuous — | 62 | |
| 9 |  Usual France | $540.8M | 1 | 18.4 bps | 0 | — | Continuous — | 57 | |
| 10 |  Techteryx No public data | $493.7M | 1 | 13.9 bps | 0 | — | No public data — | 51 | |
| 11 |  First Digital Hong Kong | $303.7M | 1 | 29.3 bps | 1 | HK | Monthly AOGB CPA Limited | 47 | |
| 12 |  Frax Decentralized | $217.5M | 1 | 84.0 bps | 0 | — | Continuous — | 49 | |
| 13 |  Curve Decentralized | $194.8M | 1 | 10.4 bps | 0 | — | Continuous — | 61 | |
| 14 |  Gemini New York, US | $36.3M | 1 | 1.2 bps | 2 | US, EU | Monthly BPM LLP | 65 | |
| 15 |  Liquity Decentralized | $25.8M | 1 | 31.3 bps | 0 | — | Continuous — | 56 | |
| 16 |  Stasis Malta | $6.6M | 1 | 6.1 bps | 0 | — | No public data — | 55 |
Licences = count of “Authorized” entries in our reference set (pending/conditional excluded). Transparency = heuristic from attestation frequency & verification. SRS is SAMPLE (see Risk → Methodology).