What it shows
Each card displays one stablecoin with a horizontal bar chart of its reserve breakdown. The percentages represent the issuer’s publicly disclosed collateral composition.| Field | Description |
|---|---|
| Issuer | The entity that issues and redeems the stablecoin. |
| Type | Fiat-backed, collateralized, hybrid (algo + collateral), etc. |
| Asset bars | Each bar = one collateral category, sized by % of total reserves. |
| Descriptions | Additional notes on the asset quality (e.g. ‘T-bills < 90d’, ‘secured loans’). |
Data sources & freshness
- USDC — Circle monthly reserve attestation reports.
- USDT — Tether quarterly reserves transparency report.
- DAI — Maker Protocol collateral dashboard (on-chain, public).
- FRAX — Frax Finance AMO and collateral ratio data.
- USDP, BUSD, TUSD — Paxos attestation reports / Archblock disclosures.
Why backing matters for depeg risk
The quality and liquidity of reserves directly affects how quickly a stablecoin can honour redemptions.| Reserve type | Liquidation speed | Risk to peg |
|---|---|---|
| Cash (bank deposits) | Instant | Lowest — but bank run risk |
| T-bills < 90 days | 1–2 days | Very low |
| Longer-dated treasuries | Days | Low, but duration risk |
| Crypto collateral (ETH) | Minutes | Moderate — price volatile |
| Secured loans | Weeks–months | High — illiquid |
| Algorithmic (unbacked) | N/A | Highest — no floor |