Rubric v0.3.6. Ranked by V score; coins without a score are listed last.
| Coin | Issuer | V score | Band | Data coverage | Data as of | Caveats |
|---|
| EURC | Circle Internet Financial Europe SAS | 75 | Strong | 60% | 2026-08-31 | Provisional |
| USDC | Circle | 75 | Strong | 100% | 2026-08-31 | |
| GHO | Aave DAO (facilitator-minted) | 72 | Strong | 65% | 2026-10-21 | Provisional; 11.49% of debt with unknown collateral; debt_to_supply_ratio_pct 100.0 (informational, no penalty until explained) |
| PYUSD | Paxos for PayPal | 72 | Strong | 100% | 2026-08-31 | |
| SOFID | SoFi Bank, N.A. | 68 | Moderate | 68% | 2026-08-31 | Provisional |
| USDG | Paxos (Global Dollar Network) | 68 | Moderate | 100% | 2026-08-31 | |
| USD1 | World Liberty Financial / BitGo | 64 | Moderate | 100% | 2026-08-31 | |
| USDGO | Anchorage Digital Bank, N.A. | 62 | Moderate | 72% | 2026-08-31 | Provisional |
| RLUSD | Ripple | 58 | Moderate | 100% | 2026-08-31 | |
| DAI | Sky | 53 | Limited | 90% | 2026-10-21 | 0.0% of debt with unknown collateral; group_totals cross-check: Σ row debt 11,524,806,246 vs Σ group_totals debt 10,708,176,690 (+7.63%); group_totals not scored; debt_to_supply_ratio_pct 101.35 (informational, no penalty until explained) |
| USDS | Sky | 53 | Limited | 90% | 2026-10-21 | 0.0% of debt with unknown collateral; group_totals cross-check: Σ row debt 11,524,806,246 vs Σ group_totals debt 10,708,176,690 (+7.63%); group_totals not scored; debt_to_supply_ratio_pct 101.35 (informational, no penalty until explained) |
| USDTB | Ethena (issued via Anchorage Digital Bank) | 40 | Limited | 72% | 2026-08-31 | Provisional |
| USDT | Tether | 38 | Weak | 100% | 2026-06-30 | attestation firm changed within the BDO network (BDO Italia S.p.A. → BDO Advisory Services S.r.l.); no G8 penalty (v0.3.2); latest attestation as of 2026-06-30 is 113 days old (>60) |
| APXUSD | Apyx | 33 | Weak | 78% | 2026-09-30 | Provisional |
| REUSD | Re Protocol (Resilience) | 10 | Critical | 66% | 2025-10-31 | Provisional; attestation 355 days old (> 60) |
| U | United Stables Limited (BVI) | 10 | Critical | 60% | 2026-09-30 | Provisional |
| CASH | Bridge Building Inc. (Bridge/Stripe, with Phantom) | 4 | Critical | 52% | 2026-10-21 | Provisional |
| USDD | TRON DAO Reserve | — | — | 90% | 2026-07-31 | Held for review: indicative 37; 70.71% of debt with unknown collateral; multi-chain dataset ['tron', 'ethereum', 'bsc'] (rows carry chain / chain:ILK names); debt_to_supply_ratio_pct 114.45 (informational, no penalty until explained); latest self-reported reserve report as of 2026-07-31 is 82 days old (>60) |
| USDe | Ethena | — | — | 30% | 2026-09-27 | Insufficient data; funding-rate exposure (flag only, not scored in V) |
| Band | Range | Meaning |
|---|
| Critical | 0–24 | An outsider can't confirm most of the backing. Publisher caps the overall score at 45. |
| Weak | 25–39 | Some third-party evidence, but stale, coarse, or largely unverifiable. Publisher caps the overall score at 65. |
| Limited | 40–54 | A regular third-party attestation exists, but independent verifiability is limited. |
| Moderate | 55–69 | Regular reasonable-assurance attestations with good detail; a few gaps. |
| Strong | 70–84 | Frequent high-quality attestation with position-level detail and named custody, or mostly on-chain collateral. |
| Very strong | 85–100 | Backing is almost entirely verifiable in real time on-chain, or equivalent. |