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Fri, Oct 23 UTC 13:30:01 CAP $2.49T
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Reserve Watch

Stablecoin supply and backing mechanism, with links to issuer transparency. No es asesoramiento financiero.

#StablecoinEn circulaciónAnclajeMecanismoTransparencia
1 TetherTether USDT $182.51B USD Fiat Backed Certificación ↗
2 USD CoinUSD Coin USDC $72.11B USD Fiat Backed Certificación ↗
3 Sky Dollar USDS $6.88B USD Crypto Backed
4 DaiDai DAI $4.75B USD Crypto Backed
5 Ethena USDe USDe $4.60B USD Crypto Backed
6 World Liberty Financial USD USD1 $3.98B USD Fiat Backed
7 Global Dollar USDG $3.05B USD Fiat Backed
8 PayPal USD PYUSD $2.93B USD Fiat Backed
9 Ripple USD RLUSD $2.36B USD Fiat Backed
10 BlackRock USD BUIDL $2.17B USD Fiat Backed
11 USDD USDD $1.77B USD Crypto Backed
12 Falcon USD USDf $1.72B USD Crypto Backed
13 United Stables U $1.61B USD Crypto Backed
14 USDGO USDGO $1.31B USD Fiat Backed
15 Open USD OUSD $836.38M USD Fiat Backed

Source: DefiLlama + issuers. Figures are informational and not financial advice.

Why reserve transparency matters

A stablecoin’s peg is only as strong as what backs it — and only as trustworthy as the issuer’s willingness to prove it. A genuine attestation shows the reserve composition (cash, Treasuries, commercial paper, other), confirms independent audit, and is published on a regular cadence.

Qué observar

  • No public attestation at all, or one that’s months out of date.
  • Reserves partly held in the issuer’s own token rather than external assets.
  • Crypto Ruble Coins links each issuer’s own transparency page directly — verify the primary source, don’t just trust the label.