Issuers

Compare every indexed stablecoin, stock, and commodity issuer by risk rating, asset breadth, and network coverage—then inspect the evidence behind each score.

How the risk index works

Zero means higher observed issuer risk; 100 means lower observed issuer risk. Higher category scores mean stronger safeguards. The index does not measure the market price of an individual token.

Beta 1.0 · reviewed Aug 27, 2026

Regulatory & legal25 pts
Strength of licensing, legal structure, jurisdictional clarity, and regulatory standing.
Backing & redemption25 pts
Strength of asset quality, segregation, custody, and practical redemption arrangements.
Transparency & assurance20 pts
Frequency, independence, and depth of reserve, audit, and product disclosures.
Operating resilience15 pts
Operating history, counterparty quality, concentration controls, and evidence of stress resilience.
Technical & network15 pts
Controls around smart contracts, bridges, admin keys, oracles, and network operations.

This is a comparative research signal, not a credit rating or investment recommendation. Limited public evidence lowers the index score, but does not prove an issuer is unsafe.

Issuer risk index

Every score is out of 100. Higher scores indicate lower observed issuer risk and stronger safeguards under the current model.

CircleCircle2EthereumSolanaBaseArbitrumAvalanche
BiLiraBiLira1EthereumAvalancheSolanaBNB ChainPolygonAlgorand
STASISSTASIS1EthereumPolygonArbitrumGnosis
StraitsXStraitsX1EthereumPolygonSolanaAvalancheArbitrumXRP LedgerHederaBaseZilliqa
TransferoTransfero1EthereumAlgorandBNB ChainPolygonAvalancheBaseStellarSolana
VNXVNX1SolanaBaseEthereumPolygon