The Stability Ledger
Global Transparency in Digital Value.
Tracking the world's most advanced stablecoins—where digital efficiency meets financial certainty. 24/7 Liquidity, Real-Time Auditing.
Explore Live Dashboard
Total Stablecoin Market Cap
$285.5 Billion
+1.2% (24h)
24h Stablecoin Volume
$98.2 Billion
+5.7% (High Liquidity)
Largest Stablecoin Dominance
64.3% (USDT)
-0.1% (Shifting Liquidity)
The Advanced Dashboard
Total Market Cap (12-Month Trend)
$300B
$250B
$200B
$150B
$100B
Jan
Apr
Jul
Oct
Combined Reserve Composition
100%
U.S. Treasury Bills
70%
Cash & Bank Deposits
15%
Commercial Paper
5%
Corporate Bonds / Other
10%
World-Class Stablecoin Comparison Matrix
| Metric | Tether (USDT) | USD Coin (USDC) | Dai (DAI) | Ethena (USDe) |
|---|---|---|---|---|
| Issuer Type | Centralized | Centralized/Regulated | Decentralized DAO | Hybrid (Synthetic Dollar) |
| Collateral | Fiat & Securities | 100% Cash/T-Bills | Crypto (Overcollateralized) | Delta-Hedged ETH/Lido |
| Reserve Audit | Quarterly Attestations | Monthly Attestations | Fully On-Chain | Publicly Visible Funders |
| Decentralization Score (Mock) | 2.5/10 | 4.0/10 | 9.5/10 | 6.0/10 |
| Yield Mechanism | None | Limited Programs | DSR (Dai Savings Rate) | High APY (Staking/Delta) |
| Primary Chain | Multi-chain (TRON, ETH) | Multi-chain (ETH, SOL) | Ethereum, L2s | Ethereum |
Beyond Stability: Unlocking Global Financial Utility.
Global Remittance (T+0)
Facilitate near-instant, 24/7, near-zero cost cross-border payments, bypassing traditional banking hours and fees.
Institutional Treasury
Optimizing corporate liquidity management by enabling real-time T+0 settlement and instant fund deployment.
Programmable Finance
The essential foundation for automated lending, borrowing, and synthetic asset creation via smart contracts.
