{"extra_tokens_added": 6, "generated_at": "2026-08-13T00:18:21.980978Z", "pharos_cards_total": 560, "pharos_detail_fetched": 36, "pharos_incremental_reused": 290, "pharos_resolved_addresses": 891, "savings_fallback_added": 1, "sources_status": {"bluechip": "ok", "defillama": "ok", "llamarisk": "ok", "pharos": "ok", "telosc": "ok", "tidresearch": "ok", "tidresearch_score": "ok"}, "tokens": {"0x0000000000085d4780b73119b644ae5ecd22b376": {"address": "0x0000000000085d4780b73119b644ae5ecd22b376", "bluechip": {"coingecko_id": "true-usd", "date_of_rating": "2023-06-04", "grade": "D", "name": "Trust Token", "scores": {"collateralization": 100, "marketcap": "492523751.8039", "peg": 1, "price": 0.995973, "smart_contract_audit": true, "vol24h": "26300575.0849"}, "symbol": "TUSD", "url": "https://bluechip.org/coins/tusd"}, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 482439221.4798355, "chains": ["Ethereum", "Tron", "BSC", "Avalanche", "Fantom", "Polygon", "Arbitrum", "Syscoin", "Near", "Heco"], "chainCount": 10, "defillamaId": "7", "geckoId": "true-usd"}, "description": "TUSD is a centralized dollar stablecoin from Techteryx with a Chainlink Proof-of-Reserve feed, though current reserves sit in opaque First Digital Trust funds. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Techteryx; minting controlled by Chainlink Proof of Reserve feed preventing supply from exceeding attested reserves", "geckoId": "true-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies TUSD backing as Real-World Asset Backed. Collateral, per the static profile: Daily Moore Hong Kong / Chainlink-attested TUSD reserves, currently modeled by Pharos as concentrated in opaque First Digital Trust fund investments with a small cash-at-depository-institutions balance. Reserve evidence: Real-Time PoR from Moore CPA Limited.", "name": "TrueUSD", "pharos": {"id": "tusd-trueusd", "grade": "C", "score": 57, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/tusd-trueusd"}, "research": [], "symbol": "TUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x000000000eccff26b795f73fb0a70d48da657fef": {"address": "0x000000000eccff26b795f73fb0a70d48da657fef", "bluechip": null, "chain": "sonic", "decimals": 18, "defillama": {"totalCirculating": 2071313.1051282114, "chains": ["Sonic"], "chainCount": 1, "defillamaId": "356", "geckoId": "us-sonic-dollar"}, "description": "USSD is Sonic Labs's permissionless 1:1 dollar directly backed by Sonic frxUSD and therefore inherits Frax's upstream reserve exposure. The static profile records its US Dollar peg mechanism as: USSD is minted and redeemed 1:1 against Sonic frxUSD through Frax-derived permissionless contracts. Broader approved-asset and tokenized-Treasury routes belong to the upstream frxUSD reserve layer; cross-chain USSD additionally relies on...", "geckoId": "us-sonic-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USSD backing as Real-World Asset Backed. Collateral, per the static profile: Sonic frxUSD held 1:1 by the USSD BrandedCustodian contract on Sonic. USSD inherits frxUSD's upstream reserve exposure rather than directly holding Frax's tokenized Treasury and approved-stablecoin portfolio. Reserve evidence: Real-Time PoR from Frax Finance.", "name": "US Sonic Dollar", "pharos": {"id": "ussd-sonic-labs", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "backing", "score": 41.188}, "url": "https://pharos.watch/stablecoin/ussd-sonic-labs"}, "research": [], "symbol": "USSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x00000000efe302beaa2b3e6e1b18d08d69a9012a": {"address": "0x00000000efe302beaa2b3e6e1b18d08d69a9012a", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 231932593.70958507, "chains": ["Monad", "Ethereum", "Immutable zkEVM", "Mantle", "Solana", "Avalanche", "Polygon", "Sui", "Katana", "Arbitrum", "CORE", "BSC", "Plasma", "Plume Mainnet"], "chainCount": 14, "defillamaId": "205", "geckoId": "agora-dollar"}, "description": "Billions of people across the globe can now enjoy a more secure, inclusive financial system—built on the world’s most widely recognized currency, the US dollar.", "geckoId": "agora-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users deposite USD and than mint aUSD", "name": "Agora Dollar", "pharos": {"id": "ausd-agora", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "exit", "score": 72.15}, "url": "https://pharos.watch/stablecoin/ausd-agora"}, "research": [], "symbol": "AUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x0000000f2eb9f69274678c76222b35eec7588a65": {"address": "0x0000000f2eb9f69274678c76222b35eec7588a65", "bluechip": null, "chain": "base", "decimals": 6, "defillama": null, "description": "yoUSD is an ERC-4626 yield-aggregator on Base that rebalances USDC across 50+ whitelisted DeFi protocols, with NAV appreciating from accrued strategy yield. The static profile records its US Dollar peg mechanism as: ERC-4626 vault on Base; USDC deposited via yoGateway, rebalanced cross-chain to whitelisted DeFi pools; NAV appreciates with accrued yield (e.g. ~$1.069 at launch anniversary); instant redemptions up to liquidity buffer, larger...", "geckoId": "yield-optimizer-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies yoUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposits continuously rebalanced across 50+ whitelisted DeFi yield sources on Ethereum, Base, Arbitrum, and Unichain; allocations ranked by Exponential.fi risk-adjusted ratings with per-pool caps (max 50%) and per-protocol caps (max... Reserve evidence: live reserve feed configured.", "name": "Yield Optimizer USD", "pharos": {"id": "yousd-yield-optimizer", "grade": "D", "score": 44, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/yousd-yield-optimizer"}, "research": [], "symbol": "yoUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x01d33fd36ec67c6ada32cf36b31e88ee190b1839": {"address": "0x01d33fd36ec67c6ada32cf36b31e88ee190b1839", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "BRZ is Transfero's centralized Brazilian real stablecoin, redeemable 1:1 by KYC'd users against BRL cash held at a regulated Brazilian institution. The static profile records its Brazilian Real peg mechanism as: 1:1 mint and redemption at Transfero for BRL; KYC verification required; redemption incurs a 1% fee in Brazil", "geckoId": "brz", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies BRZ backing as Real-World Asset Backed. Collateral, per the static profile: Brazilian real (BRL) cash reserves held at a financial institution authorized by the Central Bank of Brazil Reserve evidence: Self-Reported PoR from Transfero BRZ reserve disclosure.", "name": "Brazilian Digital", "pharos": {"id": "brz-transfero", "grade": "F", "score": 26, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/brz-transfero"}, "research": [], "symbol": "BRZ", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x021289588cd81dc1ac87ea91e91607eef68303f5": {"address": "0x021289588cd81dc1ac87ea91e91607eef68303f5", "bluechip": null, "chain": "arbitrum", "decimals": 5, "defillama": null, "description": "USTBL is Spiko's regulated short-term U.S. Treasury fund tokenized for EU and global investors under an AMF-authorized UCITS money market structure. The static profile records its US Dollar peg mechanism as: USD-denominated NAV-accreting share token (ISIN FR001400ODM9) of the Spiko SICAV short-term VNAV money market sub-fund authorised by the AMF, backed exclusively by short-dated U.S. Treasury bills with a regulatory weighted-average...", "geckoId": "spiko-us-t-bills-money-market-fund", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USTBL backing as Real-World Asset Backed. Collateral, per the static profile: Short-dated U.S. Treasury bills with weighted average maturity under two months, held by a UCITS-compliant short-term money market fund administered under Spiko's AMF authorization Reserve evidence: Independent Audit from PwC.", "name": "Spiko US T-Bills Money Market Fund", "pharos": {"id": "ustbl-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.31}, "url": "https://pharos.watch/stablecoin/ustbl-spiko"}, "research": [], "symbol": "USTBL", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x02c6a2fa58cc01a18b8d9e00ea48d65e4df26c70": {"address": "0x02c6a2fa58cc01a18b8d9e00ea48d65e4df26c70", "bluechip": null, "chain": "hyperevm", "decimals": 18, "defillama": {"totalCirculating": 11249606.542029668, "chains": ["Hyperliquid L1"], "chainCount": 1, "defillamaId": "251", "geckoId": "felix-feusd"}, "description": "Felix feUSD is a synthetic dollar protocol on Hyperliquid L1", "geckoId": "felix-feusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users can deposit HYPE, PURR, or bridged majors (BTC, ETH, SOL) as collateral to mint feUSD, and later redeem feUSD for an equivalent value in collateral", "name": "Felix feUSD", "pharos": {"id": "feusd-felix", "grade": "D", "score": 43, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/feusd-felix"}, "research": [], "symbol": "FEUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x030b69280892c888670edcdcd8b69fd8026a0bf3": {"address": "0x030b69280892c888670edcdcd8b69fd8026a0bf3", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "mMEV is a Midas NAV-accreting liquid-yield token wrapping MEV Capital's DeFi lending, liquidity, arbitrage, and liquidation strategies; not a fixed $1 peg. The static profile records its US Dollar peg mechanism as: Midas NAV-accreting liquid-yield token with primary mint/redeem through Midas rails; it does not maintain a fixed $1 redemption floor.", "geckoId": "midas-mmev", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies mMEV backing as Crypto-Collateralized. Collateral, per the static profile: MEV Capital-managed DeFi lending, liquidity, arbitrage, carry, and liquidation strategies allocated through Midas liquid-yield token rails. Reserve evidence: Self-Reported PoR from Midas transparency dashboard and issuer disclosures.", "name": "Midas mMEV", "pharos": {"id": "mmev-midas", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "exit", "score": 41.95}, "url": "https://pharos.watch/stablecoin/mmev-midas"}, "research": [], "symbol": "mMEV", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x056b269eb1f75477a8666ae8c7fe01b64dd55ecc": {"address": "0x056b269eb1f75477a8666ae8c7fe01b64dd55ecc", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 2775221.6649124087, "chains": ["Ethereum", "Base"], "chainCount": 2, "defillamaId": "178", "geckoId": "web-3-dollar"}, "description": "USD3 is 3Jane's yield-bearing senior share in a USDC-funded credit pool, protected first by the junior sUSD3 tranche. The static profile records its US Dollar peg mechanism as: ERC-4626 NAV share rather than a fixed $1 token: permissionless USDC deposits mint USD3 shares, interest accrues into the share price, and fee-free withdrawals return USDC when the strategy's idle and Aave liquidity is available.", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USD3 backing as Real-World Asset Backed. Collateral, per the static profile: USDC deposited into 3Jane's senior credit strategy. Idle liquidity is held as USDC or Aave waUSDC, while deployed capital finances pooled fintech receivables and crypto credit lines through MorphoCredit. The junior sUSD3 tranche is... Reserve evidence: Real-Time PoR from 3Jane backing dashboard and onchain accounting.", "name": "3Jane USD3", "pharos": {"id": "usd3-3jane", "grade": "B", "score": 72, "weakestPillar": {"pillar": "backing", "score": 63.30602300000001}, "url": "https://pharos.watch/stablecoin/usd3-3jane"}, "research": [], "symbol": "USD3", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "3jane-usd3", "name": "3Jane — USD3", "score": 3.4, "tier": "Medium Risk", "type": "Protocol", "chain": "Ethereum", "date": "March 4, 2026 (Updated: July 3, 2026)", "url": "https://curation.yearn.fi/report/3jane-usd3/"}}, "0x056fd409e1d7a124bd7017459dfea2f387b6d5cd": {"address": "0x056fd409e1d7a124bd7017459dfea2f387b6d5cd", "bluechip": {"coingecko_id": "gemini-dollar", "date_of_rating": "2023-06-04", "grade": "A", "name": "Gemini", "scores": {"collateralization": 100, "marketcap": "38572331.1086", "peg": 1, "price": 0.998716, "smart_contract_audit": true, "vol24h": "354849.0911"}, "symbol": "GUSD", "url": "https://bluechip.org/coins/gusd"}, "chain": "ethereum", "decimals": 2, "defillama": {"totalCirculating": 39354638.134092435, "chains": ["Ethereum", "Wanchain"], "chainCount": 2, "defillamaId": "19", "geckoId": "gemini-dollar"}, "description": "GUSD is a 1:1 USD-backed stablecoin issued by Gemini. Gemini customers can redeem a GUSD for $1 at Gemini.", "geckoId": "gemini-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Gemini customers who have undergone a verification process can exchange USD for GUSD and redeem GUSD for USD.", "name": "Gemini Dollar", "pharos": {"id": "gusd-gemini", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "exit", "score": 51.06}, "url": "https://pharos.watch/stablecoin/gusd-gemini"}, "research": [], "symbol": "GUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x0655977feb2f289a4ab78af67bab0d17aab84367": {"address": "0x0655977feb2f289a4ab78af67bab0d17aab84367", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "scrvUSD is Curve's savings-rate wrapper of crvUSD; the share price compounds with a slice of crvUSD borrower interest, with crvUSD-tier CDP risk underneath. The static profile records its US Dollar peg mechanism as: Deposit crvUSD to mint scrvUSD and redeem scrvUSD for the current convertToAssets amount of crvUSD; the share price rises as Curve redirects part of crvUSD borrowing revenue to scrvUSD depositors", "geckoId": "savings-crvusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies scrvUSD backing as Crypto-Collateralized. Collateral, per the static profile: crvUSD deposited into Curve's savings vault; the wrapper remains fully backed by crvUSD while a share of borrower interest and protocol revenue compounds through the vault exchange rate Reserve evidence: live reserve feed configured.", "name": "Savings crvUSD", "pharos": {"id": "scrvusd-curve", "grade": "B-", "score": 67, "weakestPillar": {"pillar": "backing", "score": 77.201}, "url": "https://pharos.watch/stablecoin/scrvusd-curve"}, "research": [], "symbol": "scrvUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x06d47f3fb376649c3a9dafe069b3d6e35572219e": {"address": "0x06d47f3fb376649c3a9dafe069b3d6e35572219e", "bluechip": null, "chain": "avalanche", "decimals": 18, "defillama": null, "description": "savUSD is Avant's yield-bearing wrapper of avUSD; share price compounds with delta-neutral strategy yield, exits inherit avUSD's USDC redemption. The static profile records its US Dollar peg mechanism as: Stake avUSD to receive savUSD; the savUSD/avUSD exchange rate compounds as strategy yield accrues. Unstaking savUSD to avUSD has a 1-day cooldown during which no yield is earned; the final USDC exit inherits Avant's 1:1 avUSD redemption...", "geckoId": "avant-staked-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies savUSD backing as Crypto-Collateralized. Collateral, per the static profile: avUSD staked into Avant's savings vault as the yield-bearing Senior Tranche; yield is sourced from Avant's actively managed delta-neutral / market-neutral strategies (basis trades, lending-rate arbitrage, yield trading), with portfolio... Reserve evidence: Real-Time PoR from Pennyworks (weekly NAV) + published on-chain Reserve Fund / strategy wallets.", "name": "Avant Staked USD", "pharos": {"id": "savusd-avant", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/savusd-avant"}, "research": [], "symbol": "savUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x07041776f5007aca2a54844f50503a18a72a8b68": {"address": "0x07041776f5007aca2a54844f50503a18a72a8b68", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 185187305.32246786, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "343", "geckoId": "usa"}, "description": "USAT is Tether's GENIUS-era U.S. dollar stablecoin, issued 1:1 by Anchorage Digital Bank with reserves custodied at Cantor Fitzgerald. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether/Anchorage Digital Bank", "geckoId": "usa", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USAT backing as Real-World Asset Backed. Collateral, per the static profile: Cash and reverse repurchase agreements collateralized by U.S. Treasuries, held for USAT reserves under Anchorage Digital Bank issuance. Reserve evidence: Independent Audit from Deloitte & Touche (published via Anchorage Digital Bank).", "name": "USAT", "pharos": {"id": "usat-tether", "grade": "B+", "score": 75, "weakestPillar": {"pillar": "exit", "score": 65.13}, "url": "https://pharos.watch/stablecoin/usat-tether"}, "research": [], "symbol": "USAT", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x0782b6d8c4551b9760e74c0545a9bcd90bdc41e5": {"address": "0x0782b6d8c4551b9760e74c0545a9bcd90bdc41e5", "bluechip": null, "chain": "bsc", "decimals": 18, "defillama": {"totalCirculating": 74987737.04736967, "chains": ["BSC"], "chainCount": 1, "defillamaId": "79", "geckoId": "helio-protocol-hay"}, "description": "LISUSD is Lista DAO's overcollateralized stablecoin on BNB Chain, minted from BNB and LST vaults with a PSM enabling 1:1 swaps against USDT, USDC, and FDUSD. The static profile records its US Dollar peg mechanism as: PSM enabling 1:1 swaps with centralized stablecoins; CDP overcollateralization and liquidation", "geckoId": "helio-protocol-hay", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies LISUSD backing as Crypto-Collateralized. Collateral, per the static profile: BNB, ETH, LSTs, and BTCB via CDPs; USDT/USDC/FDUSD via Peg Stability Module Reserve evidence: live reserve feed configured.", "name": "Lista USD", "pharos": {"id": "lisusd-lista", "grade": "C", "score": 58, "weakestPillar": {"pillar": "exit", "score": 56.91}, "url": "https://pharos.watch/stablecoin/lisusd-lista"}, "research": [], "symbol": "LISUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x07fff99e1664d9b116fbc158c0e99785f81ca236": {"address": "0x07fff99e1664d9b116fbc158c0e99785f81ca236", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 1384083.719481525, "chains": ["Ethereum", "Sonic", "Katana", "Fraxtal", "Ronin"], "chainCount": 5, "defillamaId": "224", "geckoId": "dtrinity-usd"}, "description": "dUSD is a decentralized and full-reserve stablecoin, backed by an on-chain reserve of other USD-denominated stablecoins and yieldcoins. Based on the ERC-20 standard, every dUSD token is backed by at least $1 of collateral and can be minted permissionlessly via smart contracts with no fees (excluding gas).", "geckoId": "dtrinity-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users can mint and redeem dUSD with other stablecoins and yield-bearing assets.", "name": "dTRINITY USD", "pharos": {"id": "dusd-dtrinity", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/dusd-dtrinity"}, "research": [], "symbol": "dUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x081599e4936d12c46bd48913b2329115cd26cbdd": {"address": "0x081599e4936d12c46bd48913b2329115cd26cbdd", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Redbelly", "Solana"], "chainCount": 4, "defillamaId": "334", "geckoId": "macropod"}, "description": "Australia’s first licensed stablecoin issuer, the birthplace of Aussie dollar-pegged AUDM and built for real-world payments.", "geckoId": "macropod", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "AUDM each fully backed by AUD reserves safeguarded in a trust account with a Big 4 Australian bank.", "name": "Macropod", "pharos": {"id": "audm-macropod", "grade": "C", "score": 56, "weakestPillar": {"pillar": "exit", "score": 43.64}, "url": "https://pharos.watch/stablecoin/audm-macropod"}, "research": [], "symbol": "AUDM", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x085780639cc2cacd35e474e71f4d000e2405d8f6": {"address": "0x085780639cc2cacd35e474e71f4d000e2405d8f6", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 64043816.518345654, "chains": ["Ethereum", "Base"], "chainCount": 2, "defillamaId": "168", "geckoId": "f-x-protocol-fxusd"}, "description": "fxUSD is unlike anything else in DeFi. It is the first truly decentralized stablecoin with the scalability to compete toe-to-toe with centralized offerings. Its combination of strong peg, built in yield and zero slippage swapping makes it extremely user friendly, while the ingenious economic design grows the available liquidity automatically as a byproduct of providing serious value to constituent LSDs.", "geckoId": "f-x-protocol-fxusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users are able to mint and redeem with USDC,USDT,stETH,WBTC and more", "name": "fxUSD", "pharos": {"id": "fxusd-f-x-protocol", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 69.05}, "url": "https://pharos.watch/stablecoin/fxusd-f-x-protocol"}, "research": [], "symbol": "fxUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "fx-fxusd", "name": "f(x) Protocol — fxUSD", "score": 2.2, "tier": "Low Risk", "type": "Protocol", "chain": "Ethereum", "date": "May 13, 2026", "url": "https://curation.yearn.fi/report/fx-fxusd/"}}, "0x098697ba3fee4ea76294c5d6a466a4e3b3e95fe6": {"address": "0x098697ba3fee4ea76294c5d6a466a4e3b3e95fe6", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 8180691.552248598, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "331", "geckoId": "usp-yield-optimized-stablecoin"}, "description": "USP is PikuDAO's NAV-appreciating yield-fund token backed by Turkey-FX delta-neutral arbitrage, DeFi allocations, and a stablecoin buffer, KYC-gated. The static profile records its US Dollar peg mechanism as: NAV-appreciating: starts at $1.00 backing; 90% of strategy yield flows back into backing pool, increasing token value over time; redemptions processed via FIFO smart-contract queue (0.2% fee, settled within 24 hours) with KYC/KYB required...", "geckoId": "usp-yield-optimized-stablecoin", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USP backing as Crypto-Collateralized. Collateral, per the static profile: Diversified basket of off-chain and on-chain yield strategies: BMMF Turkey FX arbitrage (delta-neutral), DeFi protocol allocations (Ethena, Aave, Cap, Giza, Almanak, USD.AI), and cash stablecoins (USDC/USDT) as a buffer; allocation... Reserve evidence: curated reserve profile.", "name": "USP", "pharos": {"id": "usp-pikudao", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usp-pikudao"}, "research": [], "symbol": "USP", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x0987d3720d38847ac6dbb9d025b9de892a3ca35c": {"address": "0x0987d3720d38847ac6dbb9d025b9de892a3ca35c", "bluechip": null, "chain": "citrea", "decimals": 18, "defillama": {"totalCirculating": 6517.919628094843, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "301", "geckoId": "jigsaw-usd"}, "description": "JUSD is Juice Dollar's Citrea dollar, minted through oracle-free BTC positions or 1:1 stablecoin bridge reserves using a Frankencoin/d-EURO architecture. The static profile records its US Dollar peg mechanism as: Overcollateralized minting against BTC collateral on Citrea with automated on-chain liquidations when collateral ratios fall below required thresholds; no external price oracles; positions and debt are verifiable on-chain...", "geckoId": "juice-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies JUSD backing as Crypto-Collateralized. Collateral, per the static profile: Wrapped cBTC (WCBTC, the Citrea Bitcoin L2 native-coin wrapper) deposited in oracle-free overcollateralized positions, plus StablecoinBridge routes that mint JUSD 1:1 against external Citrea stablecoins USDC.e, USDT.e and ctUSD (Citrea... Reserve evidence: curated reserve profile.", "name": "Juice Dollar", "pharos": {"id": "jusd-juicedollar", "grade": "F", "score": 18, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/jusd-juicedollar"}, "research": [], "symbol": "JUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x09d4214c03d01f49544c0448dbe3a27f768f2b34": {"address": "0x09d4214c03d01f49544c0448dbe3a27f768f2b34", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 350725.32116218127, "chains": ["Berachain", "Ethereum", "Base", "Katana", "World Chain", "BSC", "Avalanche", "Arbitrum", "Unichain", "Linea", "Plume Mainnet", "Monad", "Solana", "Hyperliquid L1", "Sonic", "Sei", "Tempo"], "chainCount": 17, "defillamaId": "217", "geckoId": "reservoir-rusd"}, "description": "rUSD is Reservoir's mintable dollar stablecoin, redeemable 1:1 for USDC, USDT, or USD1 and backed by a mixed RWA and digital-asset balance sheet. The static profile records its US Dollar peg mechanism as: Users can mint and redeem rUSD 1:1 against USDC, USDT, or USD1 through Reservoir's Peg Stability Module, while Credit Enforcer contracts constrain liquidity, solvency, and capital ratios before protocol asset reallocations.", "geckoId": "reservoir-rusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies rUSD backing as Real-World Asset Backed. Collateral, per the static profile: Reservoir protocol balance sheet of stablecoin PSM liquidity, RWA allocations, DeFi lending markets, and governance-approved credit strategies monitored through Reservoir's live reserve endpoint Reserve evidence: Real-Time PoR from Reservoir Protocol.", "name": "Reservoir Stablecoin", "pharos": {"id": "rusd-reservoir", "grade": "C", "score": 59, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/rusd-reservoir"}, "research": [], "symbol": "rUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x0a1a1a107e45b7ced86833863f482bc5f4ed82ef": {"address": "0x0a1a1a107e45b7ced86833863f482bc5f4ed82ef", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 173334479.60181132, "chains": ["Arbitrum", "Plasma", "Ethereum"], "chainCount": 3, "defillamaId": "309", "geckoId": "usdai"}, "description": "USDai is USD.AI's non-yielding base dollar, backed 1:1 by PYUSD and separately stakeable into sUSDai for GPU-loan yield. The static profile records its US Dollar peg mechanism as: Users mint and redeem canonical USDai against PYUSD through the Arbitrum hub. Satellite USDai supply is tracked as bridgedSupply against the same PYUSD pool, while sUSDai separately deploys deposited USDai into GPU-backed credit strategies.", "geckoId": "usdai", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDai backing as Crypto-Collateralized. Collateral, per the static profile: PYUSD held by the canonical USDai contract on Arbitrum and reconciled 1:1 against canonical plus bridged USDai liabilities; GPU-loan DEAL exposure belongs to the separate sUSDai yield layer Reserve evidence: live reserve feed configured.", "name": "USD.AI", "pharos": {"id": "usdai-usd-ai", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdai-usd-ai"}, "research": [], "symbol": "USDai", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x0b2b2b2076d95dda7817e785989fe353fe955ef9": {"address": "0x0b2b2b2076d95dda7817e785989fe353fe955ef9", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "sUSDai is USD.AI's staked wrapper of USDai; share price accrues yield from a PYUSD liquid sleeve and GPU-backed AI-compute loans, with a 30-day queued exit. The static profile records its US Dollar peg mechanism as: Stake USDai to receive sUSDai; the token appreciates versus USDai as yield accrues, while unstaking enters the protocol's queued withdrawal flow with fixed 30-day processing windows and a limited instant-liquidity buffer", "geckoId": "susdai", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sUSDai backing as Real-World Asset Backed. Collateral, per the static profile: Yield-bearing USD.AI position backed by a mixed reserve stack that currently pairs a large PYUSD liquid sleeve with GPU-backed infrastructure loans financing AI compute; current issuer materials describe value-warranty coverage on new GPU... Reserve evidence: Real-Time PoR from USD.AI proof-of-reserves API.", "name": "Staked USDai", "pharos": {"id": "susdai-usd-ai", "grade": "F", "score": 32, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/susdai-usd-ai"}, "research": [], "symbol": "sUSDai", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x0d57436f2d39c0664c6f0f2e349229483f87ea38": {"address": "0x0d57436f2d39c0664c6f0f2e349229483f87ea38", "bluechip": null, "chain": null, "description": "Wrapped A7A5 (bridge wrapper) — wrapper of A7A5. Rating inherited from underlying.", "geckoId": null, "inheritedFrom": {"address": "0x6fa0be17e4bea2fcfa22ef89bf8ac9aab0ab0fc9", "note": "Rating inferred from underlying token", "symbol": "A7A5"}, "llamarisk": {"mhsLink": null}, "name": "wA7A5", "pharos": {"grade": "D", "grade_as_of": "2026-08-05", "grade_stale": true}, "research": [], "symbol": "wA7A5", "decimals": null}, "0x0d86883faf4ffd7aeb116390af37746f45b6f378": {"address": "0x0d86883faf4ffd7aeb116390af37746f45b6f378", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 2775221.6649124087, "chains": ["Ethereum", "Base"], "chainCount": 2, "defillamaId": "178", "geckoId": "web-3-dollar"}, "description": "USD3 is a Reserve Protocol RToken/DTF backed by yield-bearing USDC and USDS wrappers (Aave, Compound, Steakhouse, Sky savings), governed by RSR stakers. The static profile records its US Dollar peg mechanism as: Reserve RToken/DTF whose holders can redeem into the backing basket subject to Reserve protocol throttles and basket mechanics; RSR stakers govern and absorb losses", "geckoId": "web-3-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USD3 backing as Crypto-Collateralized. Collateral, per the static profile: Reserve Protocol DTF basket made up of Savings USDS, Aave USDC, wrapped Compound USDCv3, and Steakhouse USDC strategy exposure Reserve evidence: Real-Time PoR from Reserve Protocol.", "name": "Web 3 Dollar", "pharos": {"id": "usd3-reserve-protocol", "grade": "B", "score": 70, "weakestPillar": {"pillar": "backing", "score": 66.2671875}, "url": "https://pharos.watch/stablecoin/usd3-reserve-protocol"}, "research": [], "symbol": "USD3", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x0dc4f92879b7670e5f4e4e6e3c801d229129d90d": {"address": "0x0dc4f92879b7670e5f4e4e6e3c801d229129d90d", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "World Chain", "BSC", "Polygon", "Gnosis"], "chainCount": 6, "defillamaId": "379", "geckoId": "argentine-peso"}, "description": "Argentine Peso stablecoin.", "geckoId": "argentine-peso", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Issued by Ripio with a 1:1 peg to the Argentine peso. Each wARS is backed by liquid instruments denominated in ARS held in Argentine bank accounts, with reserves periodically attested by local public accountants. Users mint and redeem by on/off-ramping ARS through Ripio's platform.", "name": "Argentine Peso", "pharos": {"id": "wars-argentine-peso", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 42.8}, "url": "https://pharos.watch/stablecoin/wars-argentine-peso"}, "research": [], "symbol": "WARS", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x10740259a1860af3327dd0642ee35d6e8e7143ff": {"address": "0x10740259a1860af3327dd0642ee35d6e8e7143ff", "bluechip": null, "chain": "iota-evm", "decimals": 6, "defillama": {"totalCirculating": 53037.68366033571, "chains": ["Ethereum", "Hemi", "Base"], "chainCount": 3, "defillamaId": "260", "geckoId": null}, "description": "VUSD is Virtue Money's CDP dollar on IOTA, minted by borrowing against overcollateralized IOTA and stIOTA positions with liquidation defending the peg. The static profile records its US Dollar peg mechanism as: CDP-style mint: users borrow VUSD against IOTA or stIOTA collateral and repay debt to unlock collateral, with liquidation and redemption mechanics supporting the U.S. dollar peg", "geckoId": "virtue-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies VUSD backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized IOTA, stIOTA, vIOTA, and iBTC positions backing VUSD debt inside the Virtue Money protocol Reserve evidence: curated reserve profile.", "name": "Virtue USD", "pharos": {"id": "vusd-virtue", "grade": "F", "score": 39, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/vusd-virtue"}, "research": [], "symbol": "VUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x11113ff3a60c2450f4b22515cb760417259ee94b": {"address": "0x11113ff3a60c2450f4b22515cb760417259ee94b", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "nBASIS is Nest's basis-trade vault token combining Superstate T-bill collateral with perpetual shorts; value drifts with funding-rate, not pegged 1:1. The static profile records its US Dollar peg mechanism as: Vault LP token whose value targets a dollar base and drifts with the basis-trade strategy NAV; primary mint and redemption occur through Nest at vault NAV against USDC and pUSD", "geckoId": "nest-basis-vault", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies nBASIS backing as Real-World Asset Backed. Collateral, per the static profile: Basis-trade strategy book combining Superstate USCC (CME-futures crypto carry) and Superstate USTB (short-duration U.S. Treasuries), plus Midas mBASIS (delta-neutral basis trade using CEX perpetuals); USCC trades through CFTC-approved CME... Reserve evidence: live reserve feed configured.", "name": "Nest Basis Vault", "pharos": {"id": "nbasis-nest", "grade": "F", "score": 37, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/nbasis-nest"}, "research": [], "symbol": "nBASIS", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x119dd7daff816f29d7ee47596ae5e4bdc4299165": {"address": "0x119dd7daff816f29d7ee47596ae5e4bdc4299165", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "nOPAL is Nest's vault token wrapping BlackOpal LiquidStone II tokenized credit positions; references a dollar base but behaves like a credit vault share. The static profile records its US Dollar peg mechanism as: Vault LP token whose value targets a dollar base and drifts with the BlackOpal LiquidStone II credit strategy NAV; primary mint and redemption occur through Nest at vault NAV against USDC and pUSD", "geckoId": "nest-blackopal-liquidstone-ii-vault", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies nOPAL backing as Real-World Asset Backed. Collateral, per the static profile: BlackOpal LiquidStone II tokenised credit positions plus stablecoin and Treasury liquidity buffers held inside the Nest vault Reserve evidence: live reserve feed configured.", "name": "Nest BlackOpal LiquidStone II Vault", "pharos": {"id": "nopal-nest", "grade": "F", "score": 36, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/nopal-nest"}, "research": [], "symbol": "nOPAL", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x123ffe0a3c62878dcbee2742227dc8990058d9e1": {"address": "0x123ffe0a3c62878dcbee2742227dc8990058d9e1", "bluechip": null, "chain": "ethereum", "decimals": 9, "defillama": null, "description": "XAGm is Matrixdock's silver-backed commodity token, with each token representing roughly one troy ounce of LBMA Good Delivery silver vaulted in Asia. The static profile records its Silver peg mechanism as: Silver-backed commodity token redeemable through Matrixdock for KYC-approved users; issuer materials expose supply, bullion weight, and an oz-per-token metric that may drift slightly from exactly one ounce", "geckoId": "matrixdock-silver", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies XAGm backing as Real-World Asset Backed. Collateral, per the static profile: LBMA-accredited 99.9% Good Delivery silver bars held in Asian vaults under Matrixdock's fractional-reserve-safeguard framework Reserve evidence: Independent Audit from Bureau Veritas.", "name": "Matrixdock Silver", "pharos": {"id": "xagm-matrixdock", "grade": "F", "score": 37, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/xagm-matrixdock"}, "research": [], "symbol": "XAGm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x136471a34f6ef19fe571effc1ca711fdb8e49f2b": {"address": "0x136471a34f6ef19fe571effc1ca711fdb8e49f2b", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 3005956397.989573, "chains": ["BSC", "Ethereum"], "chainCount": 2, "defillamaId": "237", "geckoId": "hashnote-usyc"}, "description": "Circle USYC is Circle's tokenized T-bill fund share backed by short-term U.S. Treasuries and reverse repos, redeemable at NAV. The static profile records its US Dollar peg mechanism as: Same-day subscription and redemption via USDC at NAV-based token price", "geckoId": "hashnote-usyc", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USYC backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. Treasury bills and reverse repo agreements held for Circle USYC / Hashnote fund shares in segregated brokerage and custody accounts. Reserve evidence: Independent Audit from Cohen and Company.", "name": "Circle USYC", "pharos": {"id": "usyc-hashnote", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 52.09}, "url": "https://pharos.watch/stablecoin/usyc-hashnote"}, "research": [], "symbol": "USYC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x1412632f2b89e87bfa20c1318a43ced25f1d7b76": {"address": "0x1412632f2b89e87bfa20c1318a43ced25f1d7b76", "bluechip": null, "chain": "arbitrum", "decimals": 5, "defillama": null, "description": "EURSAFO is Spiko's EUR share of the Spiko/Amundi Smart Cash fund, a UCITS overnight-swap money-market vehicle authorized by the AMF. The static profile records its Euro peg mechanism as: EUR-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "geckoId": "spiko-amundi-overnight-swap-fund-eur", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies EURSAFO backing as Real-World Asset Backed. Collateral, per the static profile: EUR share class of the Spiko / Amundi Smart Cash fund using fully collateralized total-return swaps with tier-1 bank counterparties and collateral made of liquid financial instruments / money-market fund exposure. Reserve evidence: Independent Audit from PwC.", "name": "Spiko Amundi Overnight Swap Fund (EUR)", "pharos": {"id": "eursafo-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.75}, "url": "https://pharos.watch/stablecoin/eursafo-spiko"}, "research": [], "symbol": "EURSAFO", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x14913815bcfde78baead2111f463d038ac9c2949": {"address": "0x14913815bcfde78baead2111f463d038ac9c2949", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 10094190.279502586, "chains": ["Polygon", "Solana", "Ethereum", "Base"], "chainCount": 4, "defillamaId": "416", "geckoId": "eusd-2"}, "description": "eUSD is a fiat-backed stablecoin issued by Telcoin Bank, the first US bank-issued stablecoin, pegged 1:1 to the US Dollar and fully backed by cash and cash-equivalent reserves.", "geckoId": "eusd-2", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "eUSD is minted when users deposit USD with Telcoin Bank and can be redeemed 1:1 for the USD held in its reserves.", "name": "Telcoin eUSD", "pharos": {"id": "eusd-telcoin", "grade": "D", "score": 46, "weakestPillar": {"pillar": "backing", "score": 39.5}, "url": "https://pharos.watch/stablecoin/eusd-telcoin"}, "research": [], "symbol": "eUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x14dab79fd7b7b3f748d434812fd6a9aac460ea52": {"address": "0x14dab79fd7b7b3f748d434812fd6a9aac460ea52", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "KAU (ERC-20) is KMS Labs' Ethereum gold token backed 1:1 by native Kinesis KAU; physical redemption is two-step and ERC-20 balances do not earn fee yield. The static profile records its Gold peg mechanism as: ERC-20 KAU is redeemable for Kinesis-native KAU through KMS Labs after compliance onboarding, then for physical gold through Kinesis Cayman subject to platform terms; no Kinesis fee-yield accrues on ERC-20 balances.", "geckoId": "kinesis-gold", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies KAU backing as Real-World Asset Backed. Collateral, per the static profile: 1:1 reserves of Kinesis-native KAU held by KMS Labs S.A. (Panama); native KAU is in turn backed 1:1 by LBMA-approved allocated physical gold in ABX vaults. Reserve evidence: Independent Audit from Bureau Veritas (Inspectorate International).", "name": "Kinesis Gold", "pharos": {"id": "kau-kinesis", "grade": "C", "score": 55, "weakestPillar": {"pillar": "exit", "score": 43.23}, "url": "https://pharos.watch/stablecoin/kau-kinesis"}, "research": [], "symbol": "KAU", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x14eb40fb7900185c01adc6a5b8ac506d8a600e3c": {"address": "0x14eb40fb7900185c01adc6a5b8ac506d8a600e3c", "bluechip": null, "chain": "avalanche", "decimals": 18, "defillama": null, "description": "EUROT is Token Teknoloji's centralized euro stablecoin issued from Turkey, backed by euro bank reserves at Ziraat Participation Bank and Akbank. The static profile records its Euro peg mechanism as: Issuer-managed mint and burn process intended to keep each EUROT matched 1:1 with euro reserves; holders can trade EUROT through Bitlo, but no Pharos-reviewed direct redemption backstop is modeled", "geckoId": "token-teknoloji-a-s-euro", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies EUROT backing as Real-World Asset Backed. Collateral, per the static profile: Euro bank reserves held by Token Teknoloji at Ziraat Participation Bank and Akbank Reserve evidence: Self-Reported PoR from Token Teknoloji reserve proof page.", "name": "Euro Token", "pharos": {"id": "eurot-token-teknoloji", "grade": "F", "score": 36, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/eurot-token-teknoloji"}, "research": [], "symbol": "EUROT", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x16f93ebc5320c89efc8701577efe49d14a276a06": {"address": "0x16f93ebc5320c89efc8701577efe49d14a276a06", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Base", "Ethereum"], "chainCount": 2, "defillamaId": "387", "geckoId": "cad-digital"}, "description": "CADD is a Canadian dollar-backed payment stablecoin issued by Tetra Trust Company via its agent CAD Digital Inc. It is backed 1:1 by Canadian dollars", "geckoId": "cad-digital", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "CADD is backed 1:1 by Canadian dollars, with minting funds held in trust and dedicated exclusively to redemption", "name": "CAD Digital", "pharos": {"id": "cadd-cad-digital", "grade": "C", "score": 59, "weakestPillar": {"pillar": "exit", "score": 45.93}, "url": "https://pharos.watch/stablecoin/cadd-cad-digital"}, "research": [], "symbol": "CADD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x17418038ecf73ba4026c4f428547bf099706f27b": {"address": "0x17418038ecf73ba4026c4f428547bf099706f27b", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "ACRED is a tokenized, NAV-accreting feeder share into Apollo's diversified private credit fund, administered by Securitize for qualified purchasers. The static profile records its US Dollar peg mechanism as: NAV-accreting ERC-4626 fund share token; subscription and redemption are institutional-only at fund NAV through Securitize Markets, with quarterly repurchase offers of at least 5% of shares plus on-demand liquidity-pool or...", "geckoId": "apollo-diversified-credit-securitize-fund", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies ACRED backing as Real-World Asset Backed. Collateral, per the static profile: Feeder share into Apollo Diversified Credit Fund, a multi-strategy private credit portfolio including direct lending, structured credit, performing credit, and dislocated credit; administered by Securitize Reserve evidence: Self-Reported PoR from Securitize / Apollo (NAV statements published per fund cadence).", "name": "Apollo Diversified Credit Securitize Fund", "pharos": {"id": "acred-apollo-securitize", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 33.37}, "url": "https://pharos.watch/stablecoin/acred-apollo-securitize"}, "research": [], "symbol": "ACRED", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x17cdb2a01e7a34cbb3dd4b83260b05d0274c8dab": {"address": "0x17cdb2a01e7a34cbb3dd4b83260b05d0274c8dab", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "cNGN is a centralized Nigerian naira stablecoin backed 1:1 by NGN deposits at designated Nigerian commercial banks under the cNGN issuer consortium. The static profile records its Nigerian Naira peg mechanism as: Issuer-managed mint and redemption path designed to maintain 1 cNGN = 1 NGN through naira reserves and compliant transfer rails", "geckoId": "compliant-naira", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies cNGN backing as Real-World Asset Backed. Collateral, per the static profile: Naira reserves held 1:1 against outstanding cNGN, comprising deposits at licensed Nigerian commercial banks plus naira money-market funds and short-term FGN treasury bills, verified by monthly independent attestations Reserve evidence: Independent Audit from Bala Isah Garba & Company.", "name": "Compliant Naira", "pharos": {"id": "cngn-compliant-naira", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cngn-compliant-naira"}, "research": [], "symbol": "cNGN", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x17eafd08994305d8ace37efb82f1523177ec70ee": {"address": "0x17eafd08994305d8ace37efb82f1523177ec70ee", "bluechip": null, "chain": "bsc", "decimals": 18, "defillama": {"totalCirculating": 84518025.90500891, "chains": ["BSC"], "chainCount": 1, "defillamaId": "405", "geckoId": "usda-3"}, "description": "USDA is Alpha Partners' BSC-only dollar token whose backing is described only as protocol-managed collateral and liquidity reserves; mechanism opaque. The static profile records its US Dollar peg mechanism as: Undocumented. The issuer publishes no mint/redeem or peg-maintenance mechanism. On-chain USDA is a BSC ERC-20 with a role-gated mint, an address blacklist, and modifiable transfer tax/fees; no peg-stabilization process is described.", "geckoId": "usda-3", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDA backing as Crypto-Collateralized. Collateral, per the static profile: Undisclosed and unverified. AP Web3 / Alpha Partners markets USDA as 1:1 USD-backed by reserves with 'FDIC protection', but publishes no reserve composition, proof of reserves, or attestation; the FDIC claim is unsubstantiated (FDIC does... Reserve evidence: live reserve feed configured.", "name": "AP USDA", "pharos": {"id": "usda-alpha-partner", "grade": "F", "score": 30, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usda-alpha-partner"}, "research": [], "symbol": "USDA", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x18f52b3fb465118731d9e0d276d4eb3599d57596": {"address": "0x18f52b3fb465118731d9e0d276d4eb3599d57596", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 20216984.733185656, "chains": ["Ethereum", "Base", "Arbitrum", "BSC"], "chainCount": 4, "defillamaId": "353", "geckoId": "gaib-aid"}, "description": "AI Dollar (AID) is a synthetic dollar fully backed by the U.S. Treasuries and stable assets and minted 1:1 by depositing USDC, USDT and other accepted stablecoins. It's the first product built on GAIB's economic layer, an entry point to GAIB's tokenized portfolio of AI infrastructure, and a base currency in the broader DeFi ecosystem.", "geckoId": "gaib-aid", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "AID supports native mint/redeem flows on Ethereum, Arbitrum, Base, and BSC, with 1:1 reserve backing managed by GAIB.", "name": "GAIB AID", "pharos": {"id": "aid-gaib", "grade": "F", "score": 36, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/aid-gaib"}, "research": [], "symbol": "AID", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x1958853a8be062dc4f401750eb233f5850f0d0d2": {"address": "0x1958853a8be062dc4f401750eb233f5850f0d0d2", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 158233440.21361867, "chains": ["BSC", "Base", "BOB", "Arbitrum", "Ethereum", "BSquared", "Hemi", "X Layer", "Bitlayer", "Sonic", "BEVM"], "chainCount": 11, "defillamaId": "218", "geckoId": "satoshi-stablecoin"}, "description": "River is building the circulatory system for crypto, connecting liquidity, yield and contributions across chains. Powered by the omni-CDP stablecoin protocol, earn, leverage, and scale — all without selling your assets.", "geckoId": "satoshi-stablecoin", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "River's Omni-CDP module allows users to access liquidity by depositing collateral, enabling them to borrow up to 90.91% of the collateral's value in satUSD", "name": "River Stablecoin", "pharos": {"id": "satusd-river", "grade": "F", "score": 33, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/satusd-river"}, "research": [], "symbol": "satUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x19ebd191f7a24ece672ba13a302212b5ef7f35cb": {"address": "0x19ebd191f7a24ece672ba13a302212b5ef7f35cb", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"chainCount": 2, "chains": ["Ethereum", "BSC"], "defillamaId": "255", "geckoId": "aegis-yusd", "totalCirculating": null, "ambiguousSymbol": true}, "description": "YieldFi yUSD is an ERC-4626 vault over USDC, allocating across Pendle PTs, Morpho and Silo vaults, and private-credit strategies for yield over the dollar. The static profile records its US Dollar peg mechanism as: ERC-4626 share over USDC priced at NAV ((Series Assets - Series Liabilities) / tokens outstanding), valued at least twice weekly using Chainlink oracles; value tracks the dollar through delta-neutral strategy returns rather than direct...", "geckoId": "yieldfi-ytoken", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies YUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into the yUSD ERC-4626 vault and allocated by YieldFi's manager across Pendle principal tokens, Morpho and Silo lending vaults, private-credit positions, and market-neutral/delta-neutral strategies (private LP deals, hedged... Reserve evidence: live reserve feed configured.", "name": "YieldFi yUSD", "pharos": {"id": "yusd-yieldfi", "grade": "D", "score": 43, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/yusd-yieldfi"}, "research": [], "symbol": "YUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x1aad217b8f78dba5e6693460e8470f8b1a3977f3": {"address": "0x1Aad217B8F78dbA5E6693460e8470F8b1A3977f3", "bluechip": null, "chain": "ethereum", "defillama": null, "description": "Apyx STRCx — rebasing ERC-20 wrapping Strategy PP Variable xStock (STRC). Held in 3-of-6 Gnosis Safe 0x37b0779a66edc491df83e59a56d485835323a555. Covered by TID Research (https://tidresearch.com/reports/strcx/).", "llamarisk": {"mhsLink": null}, "name": "Apyx STRCx", "pharos": null, "research": [{"author": "TID Research", "date": null, "source": "TID Research", "title": "STRCx — Risk Assessment", "url": "https://tidresearch.com/reports/strcx/"}], "source": "extra_tokens", "symbol": "STRCx", "telosc": {}, "tidResearchScore": {"axes": {"Contract & Admin": {"color_bucket": "amber", "score": 6.0}, "Issuer": {"color_bucket": "amber", "score": 6.0}, "Liquidity": {"color_bucket": null, "score": 2.5}, "Redemption": {"color_bucket": "orange", "score": 3.0}, "Stability": {"color_bucket": "orange", "score": 4.5}, "Underlying": {"color_bucket": "orange", "score": 3.0}}, "category": "wrapped token", "chains": ["Ethereum", "Solana", "Arbitrum", "BNB Chain", "Mantle"], "color_bucket": "orange", "issuer": null, "last_verified": "2026-07-27", "overall": 3.0, "peg_mechanism": null, "underlying": "STRC", "url": "https://tidresearch.com/reports/strcx/"}, "tidresearch": {}}, "0x1abaea1f7c830bd89acc67ec4af516284b1bc33c": {"address": "0x1abaea1f7c830bd89acc67ec4af516284b1bc33c", "bluechip": {"coingecko_id": "euro-coin", "date_of_rating": "2025-11-24", "grade": "A-", "name": "Circle", "scores": {"collateralization": 100, "marketcap": "447597111.2110", "peg": 1, "price": 1.14, "smart_contract_audit": true, "vol24h": "33098423.1395"}, "symbol": "EURC", "url": "https://bluechip.org/coins/eurc"}, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Solana", "Avalanche", "Stellar", "Tempo", "Sonic", "Polygon", "Cardano", "ICP"], "chainCount": 10, "defillamaId": "50", "geckoId": "euro-coin"}, "description": "EUROC is issued by Circle under the same full-reserve model as USD Coin (USDC). Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it's always redeemable 1:1 for euros.", "geckoId": "euro-coin", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "An eligible business can exchange EUR for EUROC and redeem EUROC for EUR through a Circle Account.", "name": "EURC", "pharos": {"id": "eurc-circle", "grade": "B", "score": 73, "weakestPillar": {"pillar": "exit", "score": 65.38}, "url": "https://pharos.watch/stablecoin/eurc-circle"}, "research": [], "symbol": "EURC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x1b19c19393e2d034d8ff31ff34c81252fcbbee92": {"address": "0x1b19c19393e2d034d8ff31ff34c81252fcbbee92", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "OUSG is Ondo's tokenized U.S. T-Bill fund backed mainly by BlackRock BUIDL; a NAV-accreting share (not $1-pegged) limited to U.S. Qualified Purchasers. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share token (not pegged to $1); token price rises daily as Treasury income accrues; instant mint/redemption at daily NAV via OUSGInstantManager against USDC (T+0 settlement via BUIDL on-chain liquidity); token transfers...", "geckoId": "ousg", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies OUSG backing as Real-World Asset Backed. Collateral, per the static profile: Primarily BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which holds short-term U.S. Treasury bills, cash, and repurchase agreements; secondary allocations to BlackRock FedFund (TFDXX) and USDC for liquidity; Ondo I LP is the... Reserve evidence: Independent Audit from NAV Consulting, Inc. (fund administrator; daily NAV reports published with up to 3-day lag).", "name": "Ondo OUSG", "pharos": {"id": "ousg-ondo-finance", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "exit", "score": 58.49}, "url": "https://pharos.watch/stablecoin/ousg-ondo-finance"}, "research": [], "symbol": "OUSG", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x1b84765de8b7566e4ceaf4d0fd3c5af52d3dde4f": {"address": "0x1b84765de8b7566e4ceaf4d0fd3c5af52d3dde4f", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"chainCount": 1, "chains": ["Ethereum"], "defillamaId": "346", "geckoId": "nusd-2", "totalCirculating": null, "ambiguousSymbol": true}, "description": "NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: curated reserve profile.", "name": "Nexus USD", "pharos": {"id": "nusd-nexus", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/nusd-nexus"}, "research": [], "symbol": "NUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x1ce0a25d13ce4d52071ae7e02cf1f6606f4c79d3": {"address": "0x1ce0a25d13ce4d52071ae7e02cf1f6606f4c79d3", "bluechip": null, "chain": "berachain", "decimals": 18, "defillama": {"totalCirculating": 347765.62215039943, "chains": ["Berachain"], "chainCount": 1, "defillamaId": "329", "geckoId": "nectar"}, "description": "NECT is Beraborrow's Liquity v2-style overcollateralized stablecoin on Berachain, minted against iBGT, WBERA, BTC/ETH variants, and Kodiak Island LPs. The static profile records its US Dollar peg mechanism as: Overcollateralized CDP with redemption for collateral at $1 face value (Liquity-style); operates on Berachain (not Ethereum or a Stage 1 L2)", "geckoId": "nectar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies NECT backing as Crypto-Collateralized. Collateral, per the static profile: Berachain-native Collateral Vault branches: iBGT (Infrared liquid staked BGT), iBERA, WBERA, pumpBTC, solvBTC, solvBTC.bbn, uniBTC, beraETH, Stakestone ETH, WETH, ylstETH, rsETH, and Kodiak Island LP pairs (WBTC-HONEY, WETH-HONEY... Reserve evidence: live reserve feed configured.", "name": "Nectar", "pharos": {"id": "nect-beraborrow", "grade": "D", "score": 43, "weakestPillar": {"pillar": "exit", "score": 24.11}, "url": "https://pharos.watch/stablecoin/nect-beraborrow"}, "research": [], "symbol": "NECT", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x1cfa5641c01406ab8ac350ded7d735ec41298372": {"address": "0x1cfa5641c01406ab8ac350ded7d735ec41298372", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "179", "geckoId": "convertible-jpy-token"}, "description": "Yamato Protocol is a crypto-asset overcollateralized stable coin issuance protocol. V1 allows the issuance of CJPY (“Convertible JPY”, a Japanese Yen equivalent coin) using ETH as collateral.", "geckoId": "convertible-jpy-token", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users deposit ETH as collateral to generate the debt token CJPY.", "name": "CJPY", "pharos": {"id": "cjpy-yamato", "grade": "D", "score": 41, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/cjpy-yamato"}, "research": [], "symbol": "CJPY", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x1dd6b5f9281c6b4f043c02a83a46c2772024636c": {"address": "0x1dd6b5f9281c6b4f043c02a83a46c2772024636c", "bluechip": null, "chain": "arbitrum", "decimals": 18, "defillama": null, "description": "LUAUSD is Lumi Finance's nonstandard dollar reference token on Arbitrum, tied to LUA floor-price mechanics rather than 1:1 fiat redemption. The static profile records its US Dollar peg mechanism as: Lumi's AMO (Algorithmic Market Operations) Protocol mints or redeems LUAUSD to rebalance its Curve pool toward the dollar, with the stablecoin reserve and rising LUA floor price as backing; it is not a hard 1:1 redeemable fiat stablecoin...", "geckoId": "lumi-finance-luausd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies LUAUSD backing as Crypto-Collateralized. Collateral, per the static profile: Over-collateralized by LUA staked at the protocol floor price, plus a diversified stablecoin reserve of USDT and USDC held as protocol-owned liquidity (including Lumi's Curve pool) Reserve evidence: live reserve feed configured.", "name": "Lumi Finance LUAUSD", "pharos": {"id": "luausd-lumi-finance", "grade": "F", "score": 35, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/luausd-lumi-finance"}, "research": [], "symbol": "LUAUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x1e33e98af620f1d563fcd3cfd3c75ace841204ef": {"address": "0x1e33e98af620f1d563fcd3cfd3c75ace841204ef", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"chainCount": 2, "chains": ["BSC", "Solana"], "defillamaId": "252", "geckoId": "standx-dusd", "totalCirculating": null, "ambiguousSymbol": true}, "description": "DUSD is Dialectic's USDC-accounted Makina strategy share with queued exits, live backlog-adjusted USDC buffer capacity, and upstream USDC freeze exposure. The static profile records its US Dollar peg mechanism as: DUSD is not par-redeemable. Its price is the Machine's AUM divided by share supply in USDC terms, so it appreciates with strategy yield and can fall when the strategy loses value or the Security Council forces an AUM update past the...", "geckoId": "dialectic-usd-vault", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies DUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into the Dialectic USD Makina Machine and deployed by the Dialectic operator into AMM liquidity and money-market positions through Calibers on Ethereum, Base, Arbitrum, and Monad; execution is bounded by a... Reserve evidence: Real-Time PoR from Makina on-chain Machine accounting.", "name": "Dialectic USD", "pharos": {"id": "dusd-dialectic", "grade": "F", "score": 19, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/dusd-dialectic"}, "research": [], "symbol": "DUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x20c0000000000000000000000000000000000000": {"address": "0x20c0000000000000000000000000000000000000", "bluechip": null, "chain": "tempo", "decimals": 6, "defillama": {"totalCirculating": 34486163.99965431, "chains": ["Tempo"], "chainCount": 1, "defillamaId": "385", "geckoId": "pathusd"}, "description": "pathUSD is Tempo's quote stablecoin; mint via USDC deposit and redeem through Bridge into a reserve of cash, short Treasuries, repo, and MMF exposure. The static profile records its US Dollar peg mechanism as: Tempo users mint pathUSD by depositing USDC.e through Bridge-supported exchange flows and redeem pathUSD back into USDC through Bridge rails", "geckoId": "pathusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies pathUSD backing as Real-World Asset Backed. Collateral, per the static profile: Bridge-managed reserve assets for Tempo pathUSD, including cash, short-dated Treasuries, overnight Treasury repo, and money-market-fund exposure Reserve evidence: Self-Reported PoR from Bridge issuance FAQ (third-party audits and transparency reports promised quarterly, not yet published).", "name": "PathUSD", "pharos": {"id": "pathusd-bridge", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/pathusd-bridge"}, "research": [], "symbol": "pathUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x2103e845c5e135493bb6c2a4f0b8651956ea8682": {"address": "0x2103e845c5e135493bb6c2a4f0b8651956ea8682", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "XAUm is Matrixdock's gold-backed commodity token, with each token representing one troy ounce of LBMA-certified 99.99% gold vaulted in Singapore and Hong Kong. The static profile records its Gold peg mechanism as: Direct redemption for physical gold through Matrixdock; minimum 32.148 XAUm (1 kg bar) for physical delivery; available to KYC-verified accredited investors in Singapore and Hong Kong", "geckoId": "matrixdock-gold", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies XAUm backing as Real-World Asset Backed. Collateral, per the static profile: LBMA-certified 99.99% pure gold bars stored in Brink's and Malca-Amit vaults in Singapore and Hong Kong Reserve evidence: Independent Audit from Bureau Veritas.", "name": "Matrixdock Gold", "pharos": {"id": "xaum-matrixdock", "grade": "C", "score": 55, "weakestPillar": {"pillar": "exit", "score": 43.16}, "url": "https://pharos.watch/stablecoin/xaum-matrixdock"}, "research": [], "symbol": "XAUm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x23238f20b894f29041f48d88ee91131c395aaa71": {"address": "0x23238f20b894f29041f48d88ee91131c395aaa71", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 95169175.21121003, "chains": ["Ethereum", "Monad"], "chainCount": 2, "defillamaId": "400", "geckoId": "saturn-dollar"}, "description": "USDat is Saturn's non-yield-bearing M0-backed dollar token, mintable and redeemable through KYC-gated Swap Facility flows. The static profile records its US Dollar peg mechanism as: Permissioned 1:1 mint by depositing USDC via the M0 Swap Facility (Uniswap V3 1bps tier) which routes through wM; redemption returns USDC by unwrapping USDat back to wM and burning the USDat. Only KYC-onboarded addresses can mint, redeem...", "geckoId": "saturn-dollar", "kyp": {"protocol": "Saturn Credit", "protocolSlug": "saturn-credit", "chain": "Ethereum", "grade": "B", "score": 68.4, "riskLevel": "Medium", "gate": "Conditional", "dealBreakers": "0 Failed — Gate cleared", "auditDate": "06/24/2026", "auditor": null, "keyFindings": ["April's 3 access-control deal breakers resolved — upgrade authority now behind a 5-day TimelockController", "92.5% of the $88.6M vault NAV is off-chain STRC credited by the processor — not provable on-chain", "Non-timelocked single-key processor can move the liquid USDat balance within a ±20% tolerance, uncapped"], "url": "https://www.kyp.one/protocols/saturn-credit"}, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDat backing as Real-World Asset Backed. Collateral, per the static profile: 100% backed by M (M0 Protocol's tokenized short-term U.S. Treasury bills) at launch — capital is held directly in the USDat smart contract and verifiable on-chain; protocol roadmap allows reserves to shift toward digital credit... Reserve evidence: Real-Time PoR from Saturn Protocol (on-chain reserve, with Accountable + Chainlink NAV oracle integration in progress).", "name": "Saturn Dollar", "pharos": {"id": "usdat-saturn", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/usdat-saturn"}, "research": [{"author": "TID Research", "date": null, "source": "TID Research", "title": "USDat — Risk Assessment", "url": "https://tidresearch.com/reports/usdat/"}], "symbol": "USDAT", "telosc": {}, "tidResearchScore": {"axes": {"Backing": {"color_bucket": "amber", "score": 6.5}, "Issuer": {"color_bucket": "amber", "score": 5.5}, "Liquidity": {"color_bucket": "amber", "score": 5.5}, "Peg Mechanism": {"color_bucket": "amber", "score": 6.5}, "Underlying": {"color_bucket": "amber", "score": 5.5}}, "category": "stablecoin", "chains": ["Ethereum"], "color_bucket": "amber", "issuer": "Saturn Labs", "last_verified": "2026-08-11", "overall": 5.0, "peg_mechanism": "fiat-backed via tokenized T-bills", "underlying": null, "url": "https://tidresearch.com/reports/usdat/"}, "tidresearch": {}, "yearn": {"slug": "saturn-usdat", "name": "Saturn (USDat)", "score": 2.825, "tier": "Medium Risk", "type": "Protocol", "chain": "Ethereum", "date": "May 27, 2026 (Updated: June 17, 2026)", "url": "https://curation.yearn.fi/report/saturn-usdat/"}}, "0x238a700ed6165261cf8b2e544ba797bc11e466ba": {"address": "0x238a700ed6165261cf8b2e544ba797bc11e466ba", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "mF-ONE is a Midas tokenized certificate wrapping Fasanara's F-ONE private-credit and digital-asset strategy; NAV-accreting, EEA-restricted rails. The static profile records its US Dollar peg mechanism as: NAV-accreting Midas liquid-yield token; primary issuance and redemption occur through Midas permissioned rails rather than a fixed $1 peg.", "geckoId": "midas-mf-one", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies mF-ONE backing as Real-World Asset Backed. Collateral, per the static profile: Fasanara F-ONE strategy exposure through Midas tokenized certificate rails, including fintech receivables, SME lending, real-estate-backed credit, and digital-asset strategies. Reserve evidence: Self-Reported PoR from Midas transparency dashboard and issuer disclosures.", "name": "Midas mF-ONE", "pharos": {"id": "mf-one-midas", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "exit", "score": 44}, "url": "https://pharos.watch/stablecoin/mf-one-midas"}, "research": [], "symbol": "mF-ONE", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x269cae7dc59803e5c596c95756faeebb6030e0af": {"address": "0x269cae7dc59803e5c596c95756faeebb6030e0af", "bluechip": null, "chain": "base", "decimals": 6, "defillama": null, "description": "MXNe is Brale's Mexican peso stablecoin issued in partnership with Etherfuse, backed by Etherfuse Stablebonds (CETES exposure) on Base, Solana, and Stellar. The static profile records its Mexican Peso peg mechanism as: Issuer-managed mint and redemption through Brale onboarding, with MXNe intended to remain redeemable 1:1 for the equivalent value of Mexican pesos and usable for payments, remittances, and payroll", "geckoId": "real-mxn", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies MXNe backing as Real-World Asset Backed. Collateral, per the static profile: Backed by Etherfuse CETES Stablebonds — short-duration (~7-day) Mexican federal government Treasury bills (CETES), held across regulated Mexican custodians with a majority at BBVA Mexico and held through INDEVAL; reserves segregated from... Reserve evidence: Independent Audit from Etherfuse third-party attestations (BHR Mexico) covering the CETES Stablebonds backing MXNe.", "name": "Real MXN", "pharos": {"id": "mxne-real-mxn", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 44.8}, "url": "https://pharos.watch/stablecoin/mxne-real-mxn"}, "research": [], "symbol": "MXNe", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x27f6c8289550fce67f6b50bed1f519966afe5287": {"address": "0x27f6c8289550fce67f6b50bed1f519966afe5287", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Solana", "Polygon", "Arbitrum", "BSC", "Gnosis", "Avalanche"], "chainCount": 8, "defillamaId": "317", "geckoId": "tokenised-gbp"}, "description": "tGBP is BCP Technologies' UK-FCA-registered pound stablecoin, redeemable 1:1 against GBP reserves and short UK government paper. The static profile records its British Pound peg mechanism as: Direct 1:1 redemption through BCP Technologies Ltd; clients deposit GBP off-chain and receive minted tGBP on-chain; redemption burns tokens and triggers fiat withdrawal", "geckoId": "tokenised-gbp", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies tGBP backing as Real-World Asset Backed. Collateral, per the static profile: Held 1:1 in GBP cash, GBP money market funds, and short-term UK gilts (zero-coupon Treasury bills) at regulated UK banking partners. Reserve evidence: Independent Audit from Andersen LLP.", "name": "Tokenised GBP", "pharos": {"id": "tgbp-tokenised", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "exit", "score": 40.62}, "url": "https://pharos.watch/stablecoin/tgbp-tokenised"}, "research": [], "symbol": "tGBP", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x28b3a8fb53b741a8fd78c0fb9a6b2393d896a43d": {"address": "0x28b3a8fb53b741a8fd78c0fb9a6b2393d896a43d", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "spUSDC is Spark's ERC-4626 V2 savings wrapper of USDC; share price compounds the Vault Savings Rate while exits redeem from vault USDC liquidity. The static profile records its US Dollar peg mechanism as: Deposit USDC to mint spUSDC; share price appreciates against USDC as the Vault Savings Rate (vsr) accrues while SLL deploys idle assets. Withdrawals burn spUSDC for USDC subject to vault idle liquidity or Savings Liquidity Intents for...", "geckoId": "spark-savings-usdc", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies spUSDC backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into Spark Savings Vault V2 (ERC-4626 asset=USDC); idle USDC is deployed by the Spark Liquidity Layer. Spark documents V2 USD vaults as economically fully backed by USDS / Sky balance-sheet liquidity for redemptions. Reserve evidence: live reserve feed configured.", "name": "Spark Savings USDC", "pharos": {"id": "susdc-spark", "grade": "D", "score": 44, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/susdc-spark"}, "research": [], "symbol": "spUSDC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x2925ac3be7d585874b88ea51ed50add376ad8239": {"address": "0x2925ac3be7d585874b88ea51ed50add376ad8239", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "AxCNH is AnchorX's centralized offshore-yuan stablecoin, redeemable 1:1 for CNH and backed by CNH cash reserves at regulated financial institutions. The static profile records its Offshore Yuan peg mechanism as: Direct 1:1 issuance and redemption through AnchorX for CNH transfers; the issuer publishes reported circulating AxCNH and corresponding CNH reserves on its transparency page", "geckoId": "axcnh", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies AxCNH backing as Real-World Asset Backed. Collateral, per the static profile: Offshore Chinese yuan (CNH) cash reserves held 1:1 at regulated financial institutions; issuer materials describe AxCNH as fully reserved and redeemable for CNH Reserve evidence: Independent Audit from Kreston ITH Digital Assets.", "name": "AxCNH", "pharos": {"id": "axcnh-anchorx", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/axcnh-anchorx"}, "research": [], "symbol": "AxCNH", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x29bf22381a5811dec89dc7b46a5ce57ad02c0240": {"address": "0x29bf22381a5811dec89dc7b46a5ce57ad02c0240", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "nWISDOM is a Nest vault share backed mainly by WisdomTree Connect tokenized fund exposure (xCRDYX), accruing yield through NAV rather than a hard $1 peg. The static profile records its US Dollar peg mechanism as: Vault LP token whose value targets a dollar base and accretes through underlying WisdomTree fund NAV; primary mint and redemption occur through Nest at vault NAV against USDC and pUSD", "geckoId": "nest-wisdomtree-vault", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies nWISDOM backing as Real-World Asset Backed. Collateral, per the static profile: Predominantly WisdomTree Private Credit and Alternative Income Digital Fund tokenised shares (xCRDYX), which hold publicly-traded alternative credit vehicles (BDCs, closed-end credit funds and mortgage REITs) tracking the Gapstow index... Reserve evidence: live reserve feed configured.", "name": "Nest Wisdom Vault", "pharos": {"id": "nwisdom-nest", "grade": "F", "score": 34, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/nwisdom-nest"}, "research": [], "symbol": "nWISDOM", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x2a8e1e676ec238d8a992307b495b45b3feaa5e86": {"address": "0x2a8e1e676ec238d8a992307b495b45b3feaa5e86", "bluechip": {"coingecko_id": "origin-dollar", "date_of_rating": null, "grade": "B+", "name": "Origin Protocol", "scores": {"collateralization": 100, "marketcap": "6064121.8966", "peg": 1, "price": 0.999418, "smart_contract_audit": true, "vol24h": "86954.5084"}, "symbol": "OUSD", "url": "https://bluechip.org/coins/ousd"}, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 6198624.457230929, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "23", "geckoId": "origin-dollar"}, "description": "OUSD is Origin Protocol's yield-bearing rebasing USDC wrapper; deposits are deployed across Morpho and Curve strategies and yield is paid via rebase. The static profile records its US Dollar peg mechanism as: Minted 1:1 against USDC into the OUSD Vault, which deploys backing into Morpho lending and a Curve OUSD/USDC AMO; $1 par is held by 1:1 Vault redemption to USDC (a ~10 minute buffer delay, up to 24 hours when the buffer needs to be...", "geckoId": "origin-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies OUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC deployed into DeFi strategies (Morpho, Curve) Reserve evidence: Real-Time PoR from Origin Analytics dashboard.", "name": "Origin Dollar", "pharos": {"id": "ousd-origin-protocol", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "backing", "score": 61.093125}, "url": "https://pharos.watch/stablecoin/ousd-origin-protocol"}, "research": [], "symbol": "OUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "origin-ousd", "name": "Origin OUSD", "score": 1.85, "tier": "Low Risk", "type": "Protocol", "chain": "Ethereum Mainnet", "date": "June 25, 2026", "url": "https://curation.yearn.fi/report/origin-ousd/"}}, "0x2c537e5624e4af88a7ae4060c022609376c8d0eb": {"address": "0x2c537e5624e4af88a7ae4060c022609376c8d0eb", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": null, "chains": ["Plasma", "Ethereum", "Polygon", "Avalanche", "BSC", "Base", "Solana"], "chainCount": 7, "defillamaId": "300", "geckoId": "bilira"}, "description": "TRYB is BiLira's Turkish-lira stablecoin, redeemable 1:1 against TRY cash reserves held by the issuer in Turkey. The static profile records its Turkish Lira peg mechanism as: Direct 1:1 issuance and redemption through BiLira; issuer-managed native deployments extend TRYB across multiple chains", "geckoId": "bilira", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies TRYB backing as Real-World Asset Backed. Collateral, per the static profile: Turkish lira cash reserves held 1:1 by BiLira; issuer materials describe full fiat backing for minted TRYB across supported chains Reserve evidence: Independent Audit from Corpus Denetim ve Yeminli Mali Musavirlik A.S..", "name": "Bilira", "pharos": {"id": "tryb-bilira", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/tryb-bilira"}, "research": [], "symbol": "TRYB", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x2f123cf3f37ce3328cc9b5b8415f9ec5109b45e7": {"address": "0x2f123cf3f37ce3328cc9b5b8415f9ec5109b45e7", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "bC3M is Backed's NAV-accreting tracker token for Amundi's short-dated Eurozone government bond UCITS ETF, KYC-gated and registered under Swiss DLT Act. The static profile records its Euro peg mechanism as: EUR-denominated NAV-accreting tracker token (not pegged to €1); price reflects the underlying short-term Eurozone government bond ETF NAV with continuous yield accrual; KYC-gated 1:1 primary mint and redemption via Backed; secondary...", "geckoId": "backed-govies-0-6-months-euro", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "bC3M is Backed's NAV-accreting tracker token for Amundi's short-dated Eurozone government bond UCITS ETF, KYC-gated and registered under Swiss DLT Act. The static profile records its Euro peg mechanism as: EUR-denominated NAV-accreting tracker token (not pegged to €1); price reflects the underlying short-term Eurozone government bond ETF NAV with continuous yield accrual; KYC-gated 1:1 primary mint and redemption via Backed; secondary...", "name": "Backed GOVIES 0-6 months EURO investment grade", "pharos": {"id": "bc3m-backed", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "exit", "score": 40.26}, "url": "https://pharos.watch/stablecoin/bc3m-backed"}, "research": [], "symbol": "bC3M", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x337e7456b420bd3481e7fa61fa9850343d610d34": {"address": "0x337e7456b420bd3481e7fa61fa9850343d610d34", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["World Chain", "BSC", "Base", "Ethereum", "Polygon", "Gnosis"], "chainCount": 6, "defillamaId": "383", "geckoId": "mexican-peso"}, "description": "Mexican Peso stablecoin.", "geckoId": "mexican-peso", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Issued by Ripio with a 1:1 peg to the Mexican peso. Each wMXN is backed by liquid instruments denominated in MXN held in Mexican bank accounts, with reserves periodically attested by local public accountants. Users mint and redeem by on/off-ramping MXN through Ripio's platform.", "name": "Mexican Peso", "pharos": {"id": "wmxn-ripio", "grade": "F", "score": 35, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/wmxn-ripio"}, "research": [], "symbol": "WMXN", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x356b8d89c1e1239cbbb9de4815c39a1474d5ba7d": {"address": "0x356b8d89c1e1239cbbb9de4815c39a1474d5ba7d", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "syrupUSDT is Maple's ERC-4626 receipt for USDT lent to institutional borrowers as overcollateralized fixed-rate loans; withdrawals served by a FIFO queue. The static profile records its US Dollar peg mechanism as: ERC-4626 vault; USDT deposited into Maple lending pools, NAV appreciates with accrued interest; protocol withdrawals are requested onchain and serviced through a FIFO queue as liquidity becomes available", "geckoId": "syrupusdt", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies syrupUSDT backing as Real-World Asset Backed. Collateral, per the static profile: USDT deposits lent to institutional borrowers via overcollateralized, fixed-rate loans on Maple Finance Reserve evidence: Independent Audit from The Network Firm.", "name": "Maple syrupUSDT", "pharos": {"id": "syrupusdt-maple", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "exit", "score": 51.42}, "url": "https://pharos.watch/stablecoin/syrupusdt-maple"}, "research": [{"author": "TID Research", "date": null, "source": "TID Research", "title": "syrupUSDT — Risk Assessment", "url": "https://tidresearch.com/reports/syrupusdt/"}], "symbol": "syrupUSDT", "telosc": {}, "tidResearchScore": {"axes": {"Backing": {"color_bucket": "amber", "score": 6.5}, "Issuer": {"color_bucket": "amber", "score": 5.5}, "Liquidity": {"color_bucket": "amber", "score": 6.0}, "Peg Mechanism": {"color_bucket": "lime", "score": 7.0}}, "category": "stablecoin", "chains": ["Ethereum"], "color_bucket": "amber", "issuer": "Maple Labs (Cayman Islands)", "last_verified": "2026-07-02", "overall": 6.0, "peg_mechanism": "nav-accruing", "underlying": null, "url": "https://tidresearch.com/reports/syrupusdt/"}, "tidresearch": {}}, "0x3868d4e336d14d38031cf680329d31e4712e11cc": {"address": "0x3868d4e336d14d38031cf680329d31e4712e11cc", "bluechip": null, "chain": "ethereum", "decimals": 5, "defillama": null, "description": "EURSPKCC is the EUR share of Spiko's Digital Assets Cash & Carry fund, a French FPS combining crypto basis-trade exposure with short-duration T-bills. The static profile records its Euro peg mechanism as: EUR-denominated NAV-accreting share class; primary subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails.", "geckoId": "spiko-digital-assets-cash-carry-fund-euro-share-class", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies EURSPKCC backing as Real-World Asset Backed. Collateral, per the static profile: Euro share class of the Spiko Digital Assets Cash & Carry Fund, combining systematic cash-and-carry exposure with short-duration cash and Treasury-bill collateral. Reserve evidence: Independent Audit from PwC.", "name": "Spiko Digital Assets Cash & Carry Fund - Euro Share Class", "pharos": {"id": "eurspkcc-spiko", "grade": "C", "score": 57, "weakestPillar": {"pillar": "exit", "score": 44}, "url": "https://pharos.watch/stablecoin/eurspkcc-spiko"}, "research": [], "symbol": "EURSPKCC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x38eeb52f0771140d10c4e9a9a72349a329fe8a6a": {"address": "0x38eeb52f0771140d10c4e9a9a72349a329fe8a6a", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "apyUSD is the ERC-4626 yield-bearing wrapper of apxUSD, capturing dividends and preferred-equity yield from Apyx's Digital Asset Treasury collateral. The static profile records its US Dollar peg mechanism as: Users deposit apxUSD to mint apyUSD; cash dividends and preferred-equity yield accrue inside the vault, increasing apyUSD's exchange rate against apxUSD over time", "geckoId": "apyusd", "kyp": {"protocol": "APYX", "protocolSlug": "apyx", "chain": "Ethereum", "grade": "B", "score": 72, "riskLevel": "Medium", "gate": "Pass", "dealBreakers": "0 Failed — Gate cleared", "auditDate": "04/01/2026", "auditor": null, "keyFindings": ["setVesting() accepts any IVesting with no output-bounds on vestedAmount() — admin can manipulate share price via 3/6 multisig with no timelock", "ADMIN role has 0 execution delay — upgrades and config changes execute immediately at $75M+ TVL", "apxUSD backing (off-chain MSTR preferred stock) has no on-chain proof-of-reserve mechanism"], "url": "https://www.kyp.one/protocols/apyx"}, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies apyUSD backing as Real-World Asset Backed. Collateral, per the static profile: apxUSD deposited into the Apyx ERC-4626 yield vault; apxUSD itself is backed by preferred equity shares from Digital Asset Treasury companies and liquidity buffers Reserve evidence: Real-Time PoR from Accountable.", "name": "apyUSD", "pharos": {"id": "apyusd-apyx", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/apyusd-apyx"}, "research": [{"author": "TID Research", "date": null, "source": "TID Research", "title": "apyUSD — Risk Assessment", "url": "https://tidresearch.com/reports/apyusd/"}], "symbol": "apyUSD", "telosc": {}, "tidResearchScore": {"axes": {"Contract & Admin": {"color_bucket": "amber", "score": 5.0}, "Issuer": {"color_bucket": "amber", "score": 5.0}, "Liquidity": {"color_bucket": "orange", "score": 3.5}, "Redemption": {"color_bucket": "orange", "score": 3.5}, "Stability": {"color_bucket": "amber", "score": 6.5}, "Underlying": {"color_bucket": "orange", "score": 3.0}}, "category": "vault share", "chains": ["Ethereum", "Base"], "color_bucket": "orange", "issuer": null, "last_verified": "2026-06-30", "overall": 3.0, "peg_mechanism": null, "underlying": "apxUSD", "url": "https://tidresearch.com/reports/apyusd/"}, "tidresearch": {}}, "0x39b8b6385416f4ca36a20319f70d28621895279d": {"address": "0x39b8b6385416f4ca36a20319f70d28621895279d", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Gnosis", "Arbitrum", "Ethereum", "Polygon", "Linea", "Noble", "Base", "Algorand", "Scroll"], "chainCount": 9, "defillamaId": "101", "geckoId": "monerium-eur-money"}, "description": "Monerium EUR e-money (EURE) is a digital currency issued by Monerium, an electronic money institution licensed and regulated by the Financial Supervisory Authority of Iceland. EURE is a stablecoin that is pegged to the Euro at a 1:1 ratio", "geckoId": "monerium-eur-money-2", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "To mint Monerium EUR e-money (EURE), users need to first create an account with Monerium and complete the required KYC and AML checks. Once the account is approved, users can then fund their account with Euros via bank transfer", "name": "Monerium EUR emoney", "pharos": {"id": "eure-monerium", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/eure-monerium"}, "research": [], "symbol": "EURE", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x3a15461d8ae0f0fb5fa2629e9da7d66a794a6e37": {"address": "0x3a15461d8ae0f0fb5fa2629e9da7d66a794a6e37", "bluechip": null, "chain": "rootstock", "decimals": 18, "defillama": {"totalCirculating": 2254564.24502234, "chains": ["Rootstock"], "chainCount": 1, "defillamaId": "159", "geckoId": "rif-us-dollar"}, "description": "USDRIF is RIF On Chain's dollar token on Rootstock, minted against RIF token collateral via overcollateralized CDP-style positions. The static profile records its US Dollar peg mechanism as: USDRIF is minted through RIF on Chain using RIF and DOC V3 collateral, with the peg supported by a multi-collateral CDP/redemption design rather than a fiat reserve account.", "geckoId": "rif-us-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDRIF backing as Crypto-Collateralized. Collateral, per the static profile: RIF tokens and DOC (Dollar on Chain) V3 multi-collateral reserves. Reserve evidence: curated reserve profile.", "name": "RIF US Dollar", "pharos": {"id": "usdrif-rif", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "exit", "score": 63.02}, "url": "https://pharos.watch/stablecoin/usdrif-rif"}, "research": [], "symbol": "USDRIF", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x3c89cd1884e7bef73ca3ef08d2ef6ec338fd8e49": {"address": "0x3c89cd1884e7bef73ca3ef08d2ef6ec338fd8e49", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "EUR0 is Usual's euro stablecoin, minted by depositing eligible RWA collateral such as Spiko's tokenized Eurozone Treasury-bill fund (EUTBL) through Usual's app. The static profile records its Euro peg mechanism as: Users mint EUR0 by depositing eligible euro RWA collateral such as Spiko EUTBL, or indirectly by depositing EURC while a collateral provider supplies the RWA; redemption swaps EUR0 back into the underlying euro collateral through Usual's...", "geckoId": "usual-eur", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies EUR0 backing as Real-World Asset Backed. Collateral, per the static profile: Euro-denominated collateral tokens, primarily Spiko EUTBL tokenized Eurozone Treasury-bill fund shares, held through Usual's EUR0 collateral module Reserve evidence: live reserve feed configured.", "name": "Usual EUR", "pharos": {"id": "eur0-usual", "grade": "D", "score": 40, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/eur0-usual"}, "research": [], "symbol": "EUR0", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x3d7d6fdf07ee548b939a80edbc9b2256d0cdc003": {"address": "0x3d7d6fdf07ee548b939a80edbc9b2256d0cdc003", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "srUSDe is Strata's senior tranche over a USDe yield strategy; the junior tranche absorbs first-loss while exits depend on tranche liquidity, not 1:1 redemption. The static profile records its US Dollar peg mechanism as: srUSDe targets a stable senior NAV backed by USDe strategy collateral and junior-tranche subordination; exits depend on Strata tranche liquidity and settlement rules rather than a simple 1:1 stablecoin redemption", "geckoId": "strata-senior-usde", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies srUSDe backing as Crypto-Collateralized. Collateral, per the static profile: Senior tranche (ERC-4626 meta-vault) over Strata's CDO-style risk-tranched strategy that stakes USDe into Ethena sUSDe; the junior tranche (jrUSDe) provides first-loss capital and is paid a dynamic risk premium, giving senior holders... Reserve evidence: live reserve feed configured.", "name": "Strata Senior USDe", "pharos": {"id": "srusde-strata", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/srusde-strata"}, "research": [], "symbol": "srUSDe", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "strata-srusde", "name": "Strata", "score": 2.1, "tier": "Low Risk", "type": "Protocol", "chain": "Ethereum", "date": "May 19, 2026 (Updated: August 5, 2026)", "url": "https://curation.yearn.fi/report/strata-srusde/"}}, "0x3e76bb02286bfeaa89dd35f11253f2cbce634f91": {"address": "0x3e76bb02286bfeaa89dd35f11253f2cbce634f91", "bluechip": null, "chain": "arbitrum", "decimals": 18, "defillama": null, "description": "PGOLD is Pleasing's gold-backed token; each unit represents one troy ounce of LBMA-standard 99.99% bullion under issuer custody with KYC-gated redemption. The static profile records its Gold peg mechanism as: Issuer-managed gold-backed token with off-chain custody and redemption workflow; documentation describes physical redemption and delivery through the Pleasing platform subject to KYC and size requirements", "geckoId": "pleasing-gold", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies PGOLD backing as Real-World Asset Backed. Collateral, per the static profile: LBMA-standard 99.99% physical gold with 1 PGOLD representing 1 fine troy ounce; issuer materials describe fully gold-backed reserves and physical redemption support Reserve evidence: Self-Reported PoR from Pleasing Gold issuer disclosure.", "name": "Pleasing Gold", "pharos": {"id": "pgold-pleasing", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/pgold-pleasing"}, "research": [], "symbol": "PGOLD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x3f99231dd03a9f0e7e3421c92b7b90fbe012985a": {"address": "0x3f99231dd03a9f0e7e3421c92b7b90fbe012985a", "bluechip": null, "chain": "soneium", "decimals": 6, "defillama": {"totalCirculating": 4756906.39993045, "chains": ["Soneium"], "chainCount": 1, "defillamaId": "420", "geckoId": "startale-usd"}, "description": "USDSC is Startale's 1:1 wrapper around M0's $M on Soneium, backed by short-term U.S. Treasury bills with collateral attested on-chain by M0 Validators. The static profile records its US Dollar peg mechanism as: 1:1 wrapper around M (M0) token — USDSC is minted by wrapping M via the Soneium-native UsdscToken contract; underlying M is backed by T-bill collateral attested by M0 Validators; redemption unwinds the wrapper back to M", "geckoId": "startale-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDSC backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. Treasury bills held in bankruptcy-remote SPVs via M0 Protocol's permissioned Minter infrastructure; M0 Validators independently attest collateral sufficiency on-chain before minting Reserve evidence: Real-Time PoR from M0 Protocol (on-chain Validator attestations).", "name": "Startale USD", "pharos": {"id": "usdsc-startale", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 56.65}, "url": "https://pharos.watch/stablecoin/usdsc-startale"}, "research": [], "symbol": "USDSC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x3fa142dd3f384414e05e71ad0939274edc82ec0a": {"address": "0x3fa142dd3f384414e05e71ad0939274edc82ec0a", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Solana", "Base"], "chainCount": 3, "defillamaId": "424", "geckoId": "stablecorp-qcad"}, "description": "QCAD is Stablecorp's Canadian dollar stablecoin redeemable 1:1 against CAD fiat in regulated Canadian banks under the QCAD Digital Trust framework. The static profile records its Canadian Dollar peg mechanism as: Qualified holders can mint and redeem QCAD at 1 CAD through Stablecorp or authorized partners; issuer APIs publish live supply and fiat reserve totals.", "geckoId": "stablecorp-qcad", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies QCAD backing as Real-World Asset Backed. Collateral, per the static profile: Canadian dollars held 1:1 in regulated Canadian financial institutions under the QCAD Digital Trust reserve framework Reserve evidence: Independent Audit from Kingston Ross Pasnak LLP.", "name": "Stablecorp QCAD", "pharos": {"id": "qcad-stablecorp", "grade": "C", "score": 59, "weakestPillar": {"pillar": "exit", "score": 45.93}, "url": "https://pharos.watch/stablecoin/qcad-stablecorp"}, "research": [], "symbol": "QCAD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x40d16fc0246ad3160ccc09b8d0d3a2cd28ae6c2f": {"address": "0x40d16fc0246ad3160ccc09b8d0d3a2cd28ae6c2f", "bluechip": {"coingecko_id": "gho", "date_of_rating": "2023-08-30", "grade": "D", "name": "Aave", "scores": {"collateralization": 295, "marketcap": "647830174.5450", "peg": 1, "price": 0.998197, "smart_contract_audit": true, "vol24h": "1872490.6461"}, "symbol": "GHO", "url": "https://bluechip.org/coins/gho"}, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 697933375.0098745, "chains": ["Ethereum", "Monad"], "chainCount": 2, "defillamaId": "118", "geckoId": "gho"}, "description": "GHO is a native decentralized, overcollateralized digital asset pegged to USD.", "geckoId": "gho", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "It is created by users via borrowing against multiple collateral. When user repays their GHO borrow position, the protocol burns that user's GHO. All the interest payments accrued by minters of GHO would be directly transferred to the AaveDAO treasury.", "name": "GHO", "pharos": {"id": "gho-aave", "grade": "B", "score": 71, "weakestPillar": {"pillar": "backing", "score": 63.56895500933}, "url": "https://pharos.watch/stablecoin/gho-aave"}, "research": [{"author": "LlamaRisk", "date": "2024-06-20T17:22:51+00:00", "source": "LlamaRisk", "title": "Aave Explainer Series - The GHO Stablecoin", "url": "https://llamarisk.substack.com/p/aave-explainer-series-the-gho-stablecoin"}], "symbol": "GHO", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x40ff3dea2eec93a7b71879874dc4407918da77a6": {"address": "0x40ff3dea2eec93a7b71879874dc4407918da77a6", "bluechip": null, "chain": "bsc", "decimals": 18, "defillama": {"totalCirculating": 28144959.406858914, "chains": ["BSC"], "chainCount": 1, "defillamaId": "413", "geckoId": "soulpeg-usd"}, "description": "SoulPeg USD (SPUSD) is a BEP-20 stablecoin wrapper for the non-transferable sUSDC deposit token, whose reserves are deployed in transparent lending strategies (currently Venus). Its $1 target is maintained on-chain by a market-making bot trading the SPUSD/USDC PancakeSwap v2 pool.", "geckoId": "soulpeg-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "SPUSD is minted by wrapping sUSDC and can always be unwrapped back to sUSDC, with SPUSD burned on redeem. The peg is supported by reserves deployed in on-chain lending strategies and an automated market-making bot on the SPUSD/USDC PancakeSwap pool.", "name": "SoulPeg USD", "pharos": {"id": "spusd-soulpeg", "grade": "F", "score": 37, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/spusd-soulpeg"}, "research": [], "symbol": "SPUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4274cd7277c7bb0806bd5fe84b9adae466a8da0a": {"address": "0x4274cd7277c7bb0806bd5fe84b9adae466a8da0a", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 35815025.95596894, "chains": ["Ethereum", "BSC"], "chainCount": 2, "defillamaId": "255", "geckoId": "aegis-yusd"}, "description": "YUSD is a Bitcoin-backed stablecoin issued by Aegis Protocol, using a delta-neutral funding rate arbitrage strategy to maintain its peg and generate native yield", "geckoId": "aegis-yusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "YUSD is minted by depositing USDT, USDC, or DAI into the Aegis Mint contract, and redeemed by burning YUSD to withdraw the original collateral", "name": "Aegis YUSD", "pharos": {"id": "yusd-aegis", "grade": "F", "score": 17, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/yusd-aegis"}, "research": [], "symbol": "YUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4300000000000000000000000000000000000003": {"address": "0x4300000000000000000000000000000000000003", "bluechip": null, "chain": "blast", "decimals": 18, "defillama": {"totalCirculating": 11904066.113369066, "chains": ["Blast"], "chainCount": 1, "defillamaId": "172", "geckoId": "usdb"}, "description": "USDB is Blast L2's native yield-bearing dollar, bridged USDC/USDT routed through MakerDAO DSR with auto-rebasing yield to Blast holders. The static profile records its US Dollar peg mechanism as: Automatic rebasing with yield from underlying centralized stablecoin strategies", "geckoId": "usdb", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDB backing as Crypto-Collateralized. Collateral, per the static profile: USDC and USDT bridged to Blast L2; yield from Maker DSR and T-bills Reserve evidence: live reserve feed configured.", "name": "USDB Blast", "pharos": {"id": "usdb-blast", "grade": "F", "score": 33, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdb-blast"}, "research": [], "symbol": "USDB", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x43415eb6ff9db7e26a15b704e7a3edce97d31c4e": {"address": "0x43415eb6ff9db7e26a15b704e7a3edce97d31c4e", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "USTB is Invesco's tokenized short-duration Treasury fund, managed by Invesco Advisers on Superstate infrastructure for accredited investors. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share token (not pegged to $1); price launched at ~$10/share and appreciates continuously as Treasury income accrues; subscription and redemption at daily NAV in USDC or USD; NAV calculated by NAV Fund Services each...", "geckoId": "superstate-short-duration-us-government-securities-fund-ustb", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USTB backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury bills held by The Bank of New York Mellon, with holdings disclosed publicly and liquidity available each market day; managed by Invesco Advisers, Inc. Reserve evidence: Independent Audit from PricewaterhouseCoopers LLP (fund auditor); public holdings and on-chain NAV provide daily transparency.", "name": "Invesco Short Duration US Government Securities Fund", "pharos": {"id": "ustb-superstate", "grade": "B", "score": 74, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/ustb-superstate"}, "research": [], "symbol": "USTB", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "superstate-ustb", "name": "Superstate USTB", "score": 2.33, "tier": "Low Risk", "type": "Protocol", "chain": "Ethereum", "date": "June 13, 2026", "url": "https://curation.yearn.fi/report/superstate-ustb/"}}, "0x437cc33344a0b27a429f795ff6b469c72698b291": {"address": "0x437cc33344a0b27a429f795ff6b469c72698b291", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "wM is M0 Protocol's non-rebasing 1:1 ERC-20 wrapper around M, with M backed by short-term U.S. Treasury bills held in bankruptcy-remote SPVs. The static profile records its US Dollar peg mechanism as: Non-rebasing 1:1 ERC-20 wrapper around M: anyone can call wrap() to deposit M and mint wM, or unwrap() to redeem wM back to M at any time without fees or queues; wM holders are non-earning by default, so yield accrued by the underlying M...", "geckoId": "wrappedm-by-m0", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies wM backing as Real-World Asset Backed. Collateral, per the static profile: Underlying M (M0 Protocol) is backed 100% by short-term U.S. Treasury bills (30–90 day WAM) held in bankruptcy-remote SPVs by permissioned Minters; M0 Validators independently attest collateral sufficiency on-chain before any M can be... Reserve evidence: Real-Time PoR from M0 Protocol (on-chain Validator attestations).", "name": "Wrapped M", "pharos": {"id": "wm-m0", "grade": "C", "score": 56, "weakestPillar": {"pillar": "backing", "score": 56.65}, "url": "https://pharos.watch/stablecoin/wm-m0"}, "research": [], "symbol": "wM", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x456a3d042c0dbd3db53d5489e98dfb038553b0d0": {"address": "0x456a3d042c0dbd3db53d5489e98dfb038553b0d0", "bluechip": null, "chain": "celo", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Celo"], "chainCount": 1, "defillamaId": "367", "geckoId": "celo-kenyan-shilling"}, "description": "KESm is Mento's reserve-backed Kenyan shilling stablecoin on Celo, issued and retired through the oracle-priced USDm/KESm Broker pool. The static profile records its Kenyan Shilling peg mechanism as: KESm is issued through Mento v2's USDm/KESm Broker and BiPoolManager exchange. A USDm-to-KESm swap burns incoming USDm and mints outgoing KESm; the reverse burns KESm and mints USDm. The virtual pool prices swaps from the KES/USD...", "geckoId": "celo-kenyan-shilling", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies KESm backing as Crypto-Collateralized. Collateral, per the static profile: Shared Mento Reserve: Mento's pinned analytics configuration classifies KESm as reserve-backed rather than CDP-backed. Its backing is the protocol's diversified, dynamically managed reserve, not USDm locked in a KESm-specific borrower... Reserve evidence: Real-Time PoR from Mento Reserve dashboard.", "name": "Mento Kenyan Shilling", "pharos": {"id": "kesm-mento", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/kesm-mento"}, "research": [], "symbol": "KESm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x45804880de22913dafe09f4980848ece6ecbaf78": {"address": "0x45804880de22913dafe09f4980848ece6ecbaf78", "bluechip": {"coingecko_id": "pax-gold", "date_of_rating": "2023-06-04", "grade": "A", "name": "Paxos", "scores": {"collateralization": 100, "marketcap": "1792363862.6324", "peg": null, "price": 4025.94, "smart_contract_audit": true, "vol24h": "84760343.0567"}, "symbol": "PAXG", "url": "https://bluechip.org/coins/paxg"}, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "PAXG is Paxos's centralized gold token redeemable 1:1 for fine troy ounces of LBMA Good Delivery bars held in Brink's London vaults under OCC trust supervision. The static profile records its Gold peg mechanism as: Direct 1:1 redemption through Paxos Trust Company for physical gold bars or cash equivalent; monthly independent attestation by KPMG LLP under AICPA standards confirms full backing", "geckoId": "pax-gold", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies PAXG backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery physical gold bars allocated in Brink's London vaults; each token represents one fine troy ounce; insured against theft and loss; bankruptcy-remote custody under Paxos Trust Company Reserve evidence: Independent Audit from KPMG.", "name": "PAX Gold", "pharos": {"id": "paxg-paxos", "grade": "B+", "score": 76, "weakestPillar": {"pillar": "exit", "score": 65.91}, "url": "https://pharos.watch/stablecoin/paxg-paxos"}, "research": [], "symbol": "PAXG", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x48f9e38f3070ad8945dfeae3fa70987722e3d89c": {"address": "0x48f9e38f3070ad8945dfeae3fa70987722e3d89c", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 47839104.371577635, "chains": ["Ethereum", "Tempo"], "chainCount": 2, "defillamaId": "298", "geckoId": "infinifi-usd"}, "description": "iUSD is a ERC20 - represents a users deposited value into the infiniFi protocol", "geckoId": "infinifi-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "infiniFi USD (iUSD) can be minted and redeemed for USDC 1 for 1. There is no mint or redemption fee. In the case of lack of liquid reserves duration asset backing fills up the redemption queue as those assets reach maturity", "name": "infiniFi USD", "pharos": {"id": "iusd-infinifi", "grade": "D", "score": 40, "weakestPillar": {"pillar": "exit", "score": 22.55}, "url": "https://pharos.watch/stablecoin/iusd-infinifi"}, "research": [], "symbol": "IUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4933a85b5b5466fbaf179f72d3de273c287ec2c2": {"address": "0x4933a85b5b5466fbaf179f72d3de273c287ec2c2", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Tempo", "OP Mainnet", "Polygon"], "chainCount": 5, "defillamaId": "319", "geckoId": "allunity-eur"}, "description": "EURAU is a MiCAR-compliant, fully backed euro stablecoin that delivers speed, stability, and security in one.", "geckoId": "allunity-eur", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "EURAU Euro stablecoin can be seamlessly minted and redeemed by Verified Institutions - fully reserved, built for regulatory compliance, speed, and stability. Always redeemable at par value.", "name": "AllUnity EUR", "pharos": {"id": "eurau-allunity", "grade": "C", "score": 57, "weakestPillar": {"pillar": "exit", "score": 45.93}, "url": "https://pharos.watch/stablecoin/eurau-allunity"}, "research": [], "symbol": "EURAU", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x49d3f7543335cf38fa10889ccff10207e22110b5": {"address": "0x49d3f7543335cf38fa10889ccff10207e22110b5", "bluechip": null, "chain": "xdc", "decimals": 18, "defillama": {"totalCirculating": 621202.669052585, "chains": ["XDC"], "chainCount": 1, "defillamaId": "176", "geckoId": "fathom-dollar"}, "description": "FXD is overcollateralized, decentralized, and softly pegged stablecoin", "geckoId": "fathom-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Mint FXD using XDC as collateral while choosing your own terms for the minted amount, rebalancing and repayment. FXD positions can be repaid at any time unlocking your XDC.", "name": "Fathom Dollar", "pharos": {"id": "fxd-fathom", "grade": "D", "score": 47, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/fxd-fathom"}, "research": [], "symbol": "FXD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4c35853a3b4e647fd266f4de678dcc8fec410bf6": {"address": "0x4c35853a3b4e647fd266f4de678dcc8fec410bf6", "bluechip": null, "chain": "celo", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Celo"], "chainCount": 1, "defillamaId": "368", "geckoId": "celo-south-african-rand"}, "description": "ZARm is Mento's South African rand stablecoin on Celo, minted CDP-style against USDm collateral (Mento V3, a Liquity v2 fork). The static profile records its South African Rand peg mechanism as: Mento V3 oracle-priced FX stablecoin minted by depositing USDm as CDP collateral and borrowing ZARm against it; user-set interest rates, Stability Pool liquidations, and Liquity-style redemptions support the ZARm peg, with circuit...", "geckoId": "celo-south-african-rand", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies ZARm backing as Crypto-Collateralized. Collateral, per the static profile: Mento V3 Liquity-v2-style CDPs collateralized by USDm; USDm in turn is backed by the diversified Mento Reserve mix (sUSDS, CELO, EURC, USDC, USDT, axlEUROC, stETH, and smaller positions exposed via the Mento reserve dashboard). Reserve evidence: Real-Time PoR from Mento Reserve dashboard.", "name": "Mento South African Rand", "pharos": {"id": "zarm-mento", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/zarm-mento"}, "research": [], "symbol": "ZARm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4c5ca366e26409845624e29b62c388a06961a792": {"address": "0x4c5ca366e26409845624e29b62c388a06961a792", "bluechip": null, "chain": "polygon", "decimals": 6, "defillama": null, "description": "HLSCOPE is Hamilton Lane's SCOPE senior secured private-credit fund tokenized via Securitize for qualified purchasers, priced at NAV rather than $1. The static profile records its US Dollar peg mechanism as: NAV-accreting tokenized feeder-fund share rather than a fixed $1 peg; qualified purchasers access monthly subscriptions and on-demand redemptions at the previous quarter's NAV per share through Securitize's digital process.", "geckoId": "hamilton-lane-senior-credit-opportunities-securitize-fund", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies HLSCOPE backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized feeder exposure to Hamilton Lane Senior Credit Opportunities Fund (SCOPE), targeting floating-rate senior secured loans to private borrowers in sectors such as healthcare, information technology, and business services. Reserve evidence: curated reserve profile.", "name": "Hamilton Lane Senior Credit Opportunities Securitize Fund", "pharos": {"id": "hlscope-hamilton-lane", "grade": "F", "score": 34, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/hlscope-hamilton-lane"}, "research": [], "symbol": "HLSCOPE", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4c9edd5852cd905f086c759e8383e09bff1e68b3": {"address": "0x4c9edd5852cd905f086c759e8383e09bff1e68b3", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 3956959497.9563184, "chains": ["Ethereum", "Solana", "Base", "Robinhood Chain", "BSC", "TON", "Plasma", "Monad", "Mantle", "Hyperliquid L1", "Berachain", "Arbitrum", "Avalanche", "Blast", "MegaETH", "Morph", "Ink", "Zircuit", "Fraxtal", "Movement", "OP Mainnet", "Linea", "ZKsync Era", "Scroll", "Manta", "Mode", "Metis", "Kava", "X Layer", "Tempo", "Swellchain"], "chainCount": 31, "defillamaId": "146", "geckoId": "ethena-usde"}, "description": "USDe is a synthetic dollar that stays near $1 by hedging crypto collateral with equal short positions; funding yield accrues to sUSDe stakers. The static profile records its US Dollar peg mechanism as: Delta-neutral hedging: spot collateral custodied off-exchange (Copper, Ceffu, Anchorage Digital, Kraken) with equal short perpetual positions on CEXes (Binance, Bybit, OKX)", "geckoId": "ethena-usde", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDe backing as Crypto-Collateralized. Collateral, per the static profile: Predominantly liquid stablecoins (~77%: USDtb by Ethena backed by BlackRock BUIDL, plus USDC, USDT, pyUSD, and yield-bearing variants deposited in Aave/Morpho) as non-hedged backing; remainder in delta-neutral positions — BTC (~16%) and... Reserve evidence: Real-Time PoR from Chaos Labs / Chainlink / Harris & Trotter / LlamaRisk.", "name": "Ethena USDe", "pharos": {"id": "usde-ethena", "grade": "B", "score": 71, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/usde-ethena"}, "research": [{"author": "LlamaRisk", "date": "2024-05-15T17:12:32+00:00", "source": "LlamaRisk", "title": "Asset Risk Assessment: Ethena USDe", "url": "https://llamarisk.substack.com/p/asset-risk-assessment-ethena-usde"}], "symbol": "USDe", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4cce605ed955295432958d8951d0b176c10720d5": {"address": "0x4cce605ed955295432958d8951d0b176c10720d5", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": null, "chains": ["Stellar", "Ethereum", "Base", "XDC", "XRPL", "Redbelly", "Solana", "Hedera"], "chainCount": 8, "defillamaId": "165", "geckoId": "novatti-australian-digital-dollar"}, "description": "AUDD is an Australian Dollar Stablecoin 1:1 backed by Australian Dollars. It is currently available on Ethereum, Stellar, XRP Ledger, and Solana", "geckoId": "novatti-australian-digital-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "AUDD is collateralised on a 1:1 basis by Australia's sovereign currency by way of cash in bank accounts or government-backed instruments such as Treasury Bills and Notes", "name": "AUDD", "pharos": {"id": "audd-novatti", "grade": "C", "score": 55, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/audd-novatti"}, "research": [], "symbol": "AUDD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4ea40dcee961675683e0a2e1721bd49cb9bca913": {"address": "0x4ea40dcee961675683e0a2e1721bd49cb9bca913", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"chainCount": 2, "chains": ["Polygon", "re.al"], "defillamaId": "85", "geckoId": "real-usd", "totalCirculating": null, "ambiguousSymbol": true}, "description": "USDR is Ring Protocol's centrally managed synthetic dollar minted against protocol-controlled crypto collateral, with no public redemption route documented. The static profile records its US Dollar peg mechanism as: USDR is collateralized by a Protocol Controlled Value (PCV) reserve funded through bonding-curve issuance; PCV is allocated to liquidity and the token can be over- or under-collateralized depending on reserve conditions; no...", "geckoId": "ring-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDR backing as Crypto-Collateralized. Collateral, per the static profile: Ring protocol crypto collateral and strategy assets managed through the protocol reserve system Reserve evidence: live reserve feed configured.", "name": "Ring USD", "pharos": {"id": "usdr-ring", "grade": "F", "score": 32, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdr-ring"}, "research": [], "symbol": "USDR", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4f0ca3df1c2e6b943cf82e649d576ffe7b2fabcf": {"address": "0x4f0ca3df1c2e6b943cf82e649d576ffe7b2fabcf", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "IAUon is Ondo's tokenized iShares Gold Trust exposure, a NAV-style ETF tracker for non-U.S. investors rather than a $1 stablecoin. The static profile records its US Dollar peg mechanism as: NAV-style tokenized ETF tracker rather than a $1 peg; subscriptions, redemptions, and market pricing follow the underlying IAU economic exposure through Ondo Global Markets and eligible investor flows", "geckoId": "ishares-gold-trust-ondo-tokenized-stock", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies IAUon backing as Real-World Asset Backed. Collateral, per the static profile: Ondo Global Markets tokenized ETF exposure referencing iShares Gold Trust (IAU), designed to provide economic exposure to the underlying publicly traded ETF through Ondo GM rather than direct ownership of ETF shares Reserve evidence: Independent Audit from Ankura Trust Company.", "name": "iShares Gold Trust (Ondo Tokenized)", "pharos": {"id": "iauon-ondo", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "exit", "score": 40.26}, "url": "https://pharos.watch/stablecoin/iauon-ondo"}, "research": [], "symbol": "IAUon", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4f2760b32720f013e900dc92f65480137391199b": {"address": "0x4f2760b32720f013e900dc92f65480137391199b", "bluechip": null, "chain": "bsc", "decimals": 18, "defillama": null, "description": "sUSD1+ is Lorenzo's staked receipt over the USD1+ synthetic-dollar strategy backed by WLFI USD1 reserve yield and delta-neutral strategy returns on BNB Chain. The static profile records its US Dollar peg mechanism as: sUSD1+ accrues yield from the Lorenzo USD1+ vault while final exit depends on unstaking back into USD1+ and settlement into USD1-supported stable liquidity", "geckoId": "staked-usd1", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sUSD1+ backing as Real-World Asset Backed. Collateral, per the static profile: Staked receipt over Lorenzo USD1+, a synthetic dollar strategy ultimately settled into WLFI USD1 and designed to combine USD1 reserve yield with delta-neutral strategy returns Reserve evidence: live reserve feed configured.", "name": "staked USD1+", "pharos": {"id": "susd1plus-lorenzo", "grade": "F", "score": 39, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/susd1plus-lorenzo"}, "research": [], "symbol": "sUSD1+", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4f34c8b3b5fb6d98da888f0fea543d4d9c9f2ebe": {"address": "0x4f34c8b3b5fb6d98da888f0fea543d4d9c9f2ebe", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["World Chain", "Ethereum", "Gnosis", "Polygon", "BSC", "Base"], "chainCount": 6, "defillamaId": "384", "geckoId": "peruvian-sol"}, "description": "Peruvian Sol stablecoin.", "geckoId": "peruvian-sol", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Issued by Ripio with a 1:1 peg to the Peruvian sol. Each wPEN is backed by liquid instruments denominated in PEN held in Peruvian bank accounts, with reserves periodically attested by local public accountants. Users mint and redeem by on/off-ramping PEN through Ripio's platform.", "name": "Peruvian Sol", "pharos": {"id": "wpen-ripio", "grade": "F", "score": 32, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/wpen-ripio"}, "research": [], "symbol": "WPEN", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4f604735c1cf31399c6e711d5962b2b3e0225ad3": {"address": "0x4f604735c1cf31399c6e711d5962b2b3e0225ad3", "bluechip": {"coingecko_id": "glo-dollar", "date_of_rating": "2024-04-05", "grade": "B", "name": "Glo Foundation", "scores": {"collateralization": 100, "marketcap": "1115379.5619", "peg": 1, "price": 0.99643, "smart_contract_audit": true, "vol24h": "19322.6187"}, "symbol": "USDGLO", "url": "https://bluechip.org/coins/usdglo"}, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 1115817.0556255954, "chains": ["Ethereum", "Stellar", "Celo", "OP Mainnet", "Base", "Arbitrum", "Polygon", "VeChain"], "chainCount": 8, "defillamaId": "155", "geckoId": "glo-dollar"}, "description": "USDGLO is Brale-issued dollar stablecoin whose reserve yield is directed to extreme-poverty alleviation, redeemable 1:1 against cash and U.S. government debt. The static profile records its US Dollar peg mechanism as: Brale-issued fiat-backed stablecoin redeemable 1:1 for USD or USDC by eligible Brale customers; Brale manages reserves and liquidity for redemption obligations", "geckoId": "glo-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDGLO backing as Real-World Asset Backed. Collateral, per the static profile: Cash, cash equivalents, and U.S. government-backed debt held by Brale in segregated, unencumbered accounts Reserve evidence: Self-Reported PoR from Brale Inc. management self-assertion.", "name": "Glo Dollar", "pharos": {"id": "usdglo-glo", "grade": "D", "score": 49, "weakestPillar": {"pillar": "backing", "score": 39.5}, "url": "https://pharos.watch/stablecoin/usdglo-glo"}, "research": [], "symbol": "USDGLO", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4f827a63755855cdf3e8f3bcd20265c833f15033": {"address": "0x4f827a63755855cdf3e8f3bcd20265c833f15033", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "stkGHO is Aave Umbrella's slashable safety-module staking receipt over GHO; depositors earn Umbrella rewards and absorb GHO deficits via automated slashing. The static profile records its US Dollar peg mechanism as: ERC-4626-style staking receipt over GHO with 1:1 convertToAssets under normal conditions; unstaking requires Aave Umbrella cooldown and withdrawal-window mechanics, and deficit events can reduce redeemable value through slashing", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies stkGHO.v1 backing as Crypto-Collateralized. Collateral, per the static profile: GHO staked into Aave Umbrella as a slashable safety-module asset covering GHO deficits; holders earn Umbrella rewards while accepting cooldown and automated slashing risk Reserve evidence: live reserve feed configured.", "name": "Aave Umbrella stkGHO", "pharos": {"id": "stkgho-umbrella-aave", "grade": "B-", "score": 65, "weakestPillar": {"pillar": "backing", "score": 63.56895500933}, "url": "https://pharos.watch/stablecoin/stkgho-umbrella-aave"}, "research": [], "symbol": "stkGHO.v1", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x4f8e5de400de08b164e7421b3ee387f461becd1a": {"address": "0x4f8e5de400de08b164e7421b3ee387f461becd1a", "bluechip": {"coingecko_id": "usdd", "date_of_rating": "2023-06-04", "grade": "F", "name": "TronDAO", "scores": {"collateralization": 97, "marketcap": "1562571432.7738", "peg": 1, "price": 0.999074, "smart_contract_audit": true, "vol24h": "117126327.7491"}, "symbol": "USDD", "url": "https://bluechip.org/coins/usdd"}, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 1506781300.2770567, "chains": ["Tron", "Ethereum", "BSC", "Bittorrent"], "chainCount": 4, "defillamaId": "14", "geckoId": "usdd"}, "description": "USDD is the Tron DAO Reserve's CDP-and-PSM stablecoin, designed as overcollateralized but historically traded below peg through multiple stress episodes. The static profile records its US Dollar peg mechanism as: CDP model with minimum 130% collateral ratio; Peg Stability Module enables 1:1 minting/redemption against USDT and USDC", "geckoId": "usdd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDD backing as Crypto-Collateralized. Collateral, per the static profile: Current reserves are split across Smart Allocator stablecoin deployments, TRX and sTRX CDP vault collateral, and USDT held in PSM/direct vaults; Bitcoin was removed from reserves in August 2024 Reserve evidence: Self-Reported PoR.", "name": "USDD", "pharos": {"id": "usdd-tron-dao-reserve", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdd-tron-dao-reserve"}, "research": [], "symbol": "USDD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x5086bf358635b81d8c47c66d1c8b9e567db70c72": {"address": "0x5086bf358635b81d8c47c66d1c8b9e567db70c72", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 180510928.2012562, "chains": ["Ethereum", "Base", "Avalanche", "BSC", "Ink", "Arbitrum", "Plasma", "Katana", "Tempo", "Monad"], "chainCount": 10, "defillamaId": "339", "geckoId": "re-protocol-reusd"}, "description": "reUSD is Re Protocol's senior NAV-based tranche, backed by onchain sUSDe-centered liquidity and offchain Regulation 114 trust collateral (Cayman Islands). The static profile records its US Dollar peg mechanism as: NAV-based token price recalculated daily at UTC 00:00 from a blend of the offchain SOFR-based return and the onchain trailing sUSDe basis rate, plus 250 bps; instant redemptions are liquidity-limited and fall back to a quarterly queue", "geckoId": "re-protocol-reusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies reUSD backing as Real-World Asset Backed. Collateral, per the static profile: At least 50% of the high-water-mark capital remains onchain as redemption liquidity, primarily sUSDe; up to 50% is deployed offchain into Regulation 114 trust accounts as collateral supporting reinsurance contracts Reserve evidence: Independent Audit from The Network Firm.", "name": "Re Protocol reUSD", "pharos": {"id": "reusd-re-protocol", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 50.586772702575}, "url": "https://pharos.watch/stablecoin/reusd-re-protocol"}, "research": [{"author": "TID Research", "date": null, "source": "TID Research", "title": "reUSD (re) — Risk Assessment", "url": "https://tidresearch.com/reports/reusd-re/"}], "symbol": "reUSD", "telosc": {}, "tidResearchScore": {"axes": {"Contract & Admin": {"color_bucket": "amber", "score": 5.5}, "Liquidity": {"color_bucket": "amber", "score": 5.0}, "Redemption": {"color_bucket": "orange", "score": 4.5}, "Stability": {"color_bucket": "lime", "score": 7.0}}, "category": "vault share", "chains": ["Ethereum", "Arbitrum", "Base", "Avalanche"], "color_bucket": "amber", "issuer": null, "last_verified": "2026-07-13", "overall": 5.5, "peg_mechanism": null, "underlying": null, "url": "https://tidresearch.com/reports/reusd-re/"}, "tidresearch": {}, "yearn": {"slug": "re-reusd", "name": "Re Protocol reUSD", "score": 3.51, "tier": "Elevated Risk", "type": "Protocol", "chain": "Ethereum (primary), multi-chain (Avalanche, Arbitrum, Base, Katana, BNB Chain, Ink)", "date": "June 21, 2026", "url": "https://curation.yearn.fi/report/re-reusd/"}}, "0x50bd66d59911f5e086ec87ae43c811e0d059dd11": {"address": "0x50bd66d59911f5e086ec87ae43c811e0d059dd11", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "sBOLD is K3 Capital's ERC-4626 wrapper of BOLD; deposits route to Liquity V2 Stability Pools to earn interest and liquidation gains, with BOLD-tier CDP risk. The static profile records its US Dollar peg mechanism as: Vault shares appreciate against BOLD as Stability Pool interest and liquidation gains are compounded; liquidation collateral is converted back to BOLD by mutable solver/swap infrastructure, so final value inherits BOLD peg and K3...", "geckoId": "sbold-by-k3-capital", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sBOLD backing as Crypto-Collateralized. Collateral, per the static profile: BOLD deposited into K3's ERC-4626 sBOLD vault and allocated across Liquity V2 Stability Pools to earn interest and liquidation gains Reserve evidence: live reserve feed configured.", "name": "sBOLD by K3 Capital", "pharos": {"id": "sbold-k3-capital", "grade": "B", "score": 74, "weakestPillar": {"pillar": "exit", "score": 70.5}, "url": "https://pharos.watch/stablecoin/sbold-k3-capital"}, "research": [], "symbol": "sBOLD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x51c2d74017390cbbd30550179a16a1c28f7210fc": {"address": "0x51c2d74017390cbbd30550179a16a1c28f7210fc", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "STAC is a Securitize-issued tokenized AAA CLO private fund (BVI), custodied at BNY and sub-advised by BNY Investments; NAV-accreting Rule 506(c) share. The static profile records its US Dollar peg mechanism as: NAV-accreting tokenized private-fund share rather than a fixed $1 peg; eligible investors subscribe through Securitize with Ethereum-issued shares, KYC/AML and investor-qualification controls, and limited liquidity/no guaranteed secondary...", "geckoId": "securitize-tokenized-aaa-clo-fund", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies STAC backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized fund shares in Securitize AAA CLO Tokenized Fund, Ltd., a BVI private fund investing substantially all assets in U.S. dollar-denominated AAA-rated CLO tranches, with BNY as custodian and BNY Investments as sub-advisor. Reserve evidence: Real-Time PoR from Chronicle Proof of Asset.", "name": "Securitize Tokenized AAA CLO Fund", "pharos": {"id": "stac-securitize", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 32.03}, "url": "https://pharos.watch/stablecoin/stac-securitize"}, "research": [], "symbol": "STAC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x52c66b5e7f8fde20843de900c5c8b4b0f23708a0": {"address": "0x52c66b5e7f8fde20843de900c5c8b4b0f23708a0", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 16326375.99, "chains": ["Monad"], "chainCount": 1, "defillamaId": "327", "geckoId": "mu-digital-aznd"}, "description": "AZND (the \"Asian Dollar\") is a synthetic dollar backed by Asia's best RWAs, designed for stability and steady yield.", "geckoId": "mu-digital-aznd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Direct minting and redemption of AZND is available to approved counterparties that have cleared Mu Digital's KYC procedures.", "name": "Mu Digital AZND", "pharos": {"id": "aznd-mu-digital", "grade": "F", "score": 37, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/aznd-mu-digital"}, "research": [], "symbol": "AZND", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x5422374b27757da72d5265cc745ea906e0446634": {"address": "0x5422374b27757da72d5265cc745ea906e0446634", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 12260012.000971956, "chains": ["Ethereum", "Solana"], "chainCount": 2, "defillamaId": "307", "geckoId": "usd-coinvertible"}, "description": "USDCV is Societe Generale-FORGE's MiCA-regulated U.S. dollar stablecoin, redeemable 1:1 against cash and HQLA segregated at BNY Mellon. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through SG-FORGE", "geckoId": "usd-coinvertible", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDCV backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar cash deposits and high-quality liquid assets held 1:1 in segregated accounts at Bank of New York Mellon (BNY), managed by independent fiduciaries and bankruptcy-remote from SG-FORGE; daily public disclosure of reserve... Reserve evidence: Self-Reported PoR from SG-FORGE.", "name": "USD CoinVertible", "pharos": {"id": "usdcv-societe-generale-forge", "grade": "C", "score": 59, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/usdcv-societe-generale-forge"}, "research": [], "symbol": "USDCV", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x56ba8b58b7d1f6d384a1c4dd553f39ebc8741b8e": {"address": "0x56ba8b58b7d1f6d384a1c4dd553f39ebc8741b8e", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "KAG is Kinesis Silver, a tokenized claim on one troy ounce of investment-grade silver bullion with direct physical redemption and transaction-fee yield sharing. The static profile records its Silver peg mechanism as: KMS Labs' ERC-20 KAG is backed 1:1 by Kinesis-native KAG after compliance onboarding; native KAG is then redeemable for allocated physical silver through Kinesis Cayman. ERC-20 balances do not accrue Kinesis transaction-fee yield.", "geckoId": "kinesis-silver", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies KAG backing as Real-World Asset Backed. Collateral, per the static profile: Investment-grade physical silver bullion (1 KAG = 1 troy ounce) Reserve evidence: Independent Audit from Bureau Veritas (Inspectorate International).", "name": "Kinesis Silver", "pharos": {"id": "kag-kinesis", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "exit", "score": 43.23}, "url": "https://pharos.watch/stablecoin/kag-kinesis"}, "research": [], "symbol": "KAG", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x57ab1e0003f623289cd798b1824be09a793e4bec": {"address": "0x57ab1e0003f623289cd798b1824be09a793e4bec", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 40365808.77338158, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "256", "geckoId": "resupply-usd"}, "description": "REUSD is Resupply's CDP stablecoin minted against Curve Lend and Fraxlend vault shares (crvUSD/frxUSD); a 1% communal-redemption fee sets a price floor. The static profile records its US Dollar peg mechanism as: Communal redemption model with 1% fee establishing a price floor; borrow rate is the higher of half the lending rate, half the sfrxUSD rate, or 2%; underlying collateral depends on crvUSD/frxUSD ecosystems which rely on centralized...", "geckoId": "resupply-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies REUSD backing as Crypto-Collateralized. Collateral, per the static profile: crvUSD and frxUSD lending vault tokens from Curve Lend and Fraxlend Reserve evidence: live reserve feed configured.", "name": "Resupply USD", "pharos": {"id": "reusd-resupply", "grade": "D", "score": 45, "weakestPillar": {"pillar": "exit", "score": 49.19}, "url": "https://pharos.watch/stablecoin/reusd-resupply"}, "research": [{"author": "TID Research", "date": null, "source": "TID Research", "title": "reUSD (re) — Risk Assessment", "url": "https://tidresearch.com/reports/reusd-re/"}, {"author": "LlamaRisk", "date": "2025-08-01", "source": "LlamaRisk", "title": "Add sreUSD LlamaLend Market to the Gauge Controller", "url": "https://gov.curve.finance/t/add-sreusd-llamalend-market-to-the-gauge-controller/10805"}], "symbol": "REUSD", "telosc": {}, "tidResearchScore": {"axes": {"Contract & Admin": {"color_bucket": "amber", "score": 5.5}, "Liquidity": {"color_bucket": "amber", "score": 5.0}, "Redemption": {"color_bucket": "orange", "score": 4.5}, "Stability": {"color_bucket": "lime", "score": 7.0}}, "category": "vault share", "chains": ["Ethereum", "Arbitrum", "Base", "Avalanche"], "color_bucket": "amber", "issuer": null, "last_verified": "2026-07-13", "overall": 5.5, "peg_mechanism": null, "underlying": null, "url": "https://tidresearch.com/reports/reusd-re/"}, "tidresearch": {}}, "0x5FA487BCa6158c64046B2813623e20755091DA0b": {"address": "0x5FA487BCa6158c64046B2813623e20755091DA0b", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "Theo thBILL — T-bill-backed yield token from Theo Network. Multichain deployment (Arbitrum, HyperEVM, Hyperliquid); Ethereum primary used here. Covered by TID Research (https://tidresearch.com/reports/thbill/).", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies thBILL backing as Real-World Asset Backed. Collateral, per the static profile: Basket of institutional-grade tokenized U.S. Treasury bills; currently 100% tULTRA, a wrapped representation of Standard Chartered Libeara's ULTRA fund (Delta Wellington Ultra Short Treasury On-Chain Fund), managed by Wellington... Reserve evidence: live reserve feed configured.", "name": "Theo thBILL", "pharos": {"bluechipGradeViaPharos": null, "dimensions": {}, "grade": "D", "id": "thbill-theo", "score": 48, "url": "https://pharos.watch/stablecoin/thbill-theo"}, "research": [{"author": "TID Research", "date": null, "source": "TID Research", "title": "thBILL — Risk Assessment", "url": "https://tidresearch.com/reports/thbill/"}], "source": "extra_tokens", "symbol": "thBILL", "telosc": {}, "tidResearchScore": {"axes": {"Backing": {"color_bucket": "amber", "score": 5.0}, "Issuer": {"color_bucket": "orange", "score": 4.5}, "Liquidity": {"color_bucket": "orange", "score": 3.5}, "Peg Mechanism": {"color_bucket": "orange", "score": 3.5}, "Underlying": {"color_bucket": "amber", "score": 5.0}}, "category": "Tokenized Treasury (RWA)", "chains": ["Ethereum", "Arbitrum", "Base", "HyperEVM"], "color_bucket": "orange", "issuer": "Theo Protocol Corporation", "last_verified": "2026-07-02", "overall": 4.5, "peg_mechanism": "nav-accruing", "underlying": null, "url": "https://tidresearch.com/reports/thbill/"}, "tidresearch": {}}, "0x5a0f93d040de44e78f251b03c43be9cf317dcf64": {"address": "0x5a0f93d040de44e78f251b03c43be9cf317dcf64", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "JAAA is Janus Henderson's actively managed AAA CLO fund, tokenized through Anemoy/Centrifuge as a permissioned NAV-accreting fund share rather than a $1 token. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share rather than a fixed $1 token; subscriptions and redemptions are processed through permissioned Anemoy / Centrifuge primary-market rails at fund NAV.", "geckoId": "janus-henderson-anemoy-aaa-clo-fund", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies JAAA backing as Real-World Asset Backed. Collateral, per the static profile: Actively managed AAA-rated CLO tranche portfolio selected by Janus Henderson and tokenized through Anemoy / Centrifuge fund rails. Reserve evidence: Real-Time PoR from Chainlink NAVLink / Centrifuge.", "name": "Janus Henderson Anemoy AAA CLO Fund", "pharos": {"id": "jaaa-janus-henderson-anemoy", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/jaaa-janus-henderson-anemoy"}, "research": [], "symbol": "JAAA", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "centrifuge-jaaa", "name": "Centrifuge JAAA", "score": 2.6, "tier": "Medium Risk", "type": "Protocol", "chain": "Ethereum", "date": "May 28, 2026 (Updated: July 14, 2026)", "url": "https://curation.yearn.fi/report/centrifuge-jaaa/"}}, "0x5a110fc00474038f6c02e89c707d638602ea44b5": {"address": "0x5a110fc00474038f6c02e89c707d638602ea44b5", "bluechip": null, "chain": "bsc", "decimals": 18, "defillama": {"totalCirculating": 113442788.19535626, "chains": ["BSC"], "chainCount": 1, "defillamaId": "219", "geckoId": "astherus-usdf"}, "description": "USDF is Aster's delta-neutral synthetic dollar on BSC, minted 1:1 against USDT; yields from BTC/ETH funding-rate arbitrage via Ceffu MirrorX on Binance. The static profile records its US Dollar peg mechanism as: 1:1 USDT mint/redeem; yield from funding rate arbitrage via delta-neutral positions on Binance through Ceffu MirrorX", "geckoId": "astherus-usdf", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDF backing as Crypto-Collateralized. Collateral, per the static profile: USDT held by custodian Ceffu; deployed in delta-neutral strategies (long spot + short perpetuals) executed via Ceffu MirrorX on Binance Reserve evidence: curated reserve profile.", "name": "Astherus", "pharos": {"id": "usdf-astherus", "grade": "F", "score": 39, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdf-astherus"}, "research": [], "symbol": "USDF", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x5c067c80c00ecd2345b05e83a3e758ef799c40b5": {"address": "0x5c067c80c00ecd2345b05e83a3e758ef799c40b5", "bluechip": null, "chain": "polygon", "decimals": 18, "defillama": null, "description": "BRL1 is a centralized Brazilian real stablecoin, targeting a 1:1 peg with a BRL reserve mix of Brazilian federal LFT bonds, repo agreements, and cash. The static profile records its Brazilian Real peg mechanism as: Issuer-managed mint and redemption route designed to maintain 1 BRL1 = 1 BRL through Brazilian-real backing", "geckoId": "brl1", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies BRL1 backing as Real-World Asset Backed. Collateral, per the static profile: Brazilian-real reserve portfolio backing BRL1 at a 1:1 target, including Brazilian federal LFT bonds, repo agreements, and cash Reserve evidence: Self-Reported PoR from BRL1 self-published proof of reserves.", "name": "BRL1", "pharos": {"id": "brl1-brl1", "grade": "F", "score": 37, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/brl1-brl1"}, "research": [], "symbol": "BRL1", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x5ca135cb8527d76e932f34b5145575f9d8cbe08e": {"address": "0x5ca135cb8527d76e932f34b5145575f9d8cbe08e", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "ZKsync Era"], "chainCount": 2, "defillamaId": "66", "geckoId": "frax-price-index"}, "description": "The Frax Price Index (FPI) is the second stablecoin of the Frax Finance ecosystem. FPI is a stablecoin pegged to a basket of real-world consumer items as defined by the US CPI-U average.", "geckoId": "frax-price-index", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Using the Frax Finance app, users swap FRAX to mint FPI at the current exchange rate. FPI can be redeemed for FRAX at any time.", "name": "Frax Price Index", "pharos": {"id": "fpi-frax", "grade": "B-", "score": 67, "weakestPillar": {"pillar": "backing", "score": 63.6572095899798}, "url": "https://pharos.watch/stablecoin/fpi-frax"}, "research": [], "symbol": "FPI", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x5e105266db42f78fa814322bce7f388b4c2e61eb": {"address": "0x5e105266db42f78fa814322bce7f388b4c2e61eb", "bluechip": null, "chain": "hyperevm", "decimals": 18, "defillama": null, "description": "hbUSDT is Hyperbeat's yield-bearing USDT vault token on HyperEVM, exposing holders to DeFi lending and strategy returns over Tether's underlying par. The static profile records its US Dollar peg mechanism as: hbUSDT is a yield-bearing vault token over USDT strategy exposure; holders exit through Hyperbeat vault liquidity into USDT, while ultimate fiat par exit remains Tether's issuer route", "geckoId": "hyperbeat-usdt", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies hbUSDT backing as Crypto-Collateralized. Collateral, per the static profile: USDT0 was the only enabled deposit token at the fixed HyperEVM review block; Hyperbeat's documentation also lists USDe and USR as broader or legacy vault inputs. Deposits enter a dynamic HyperEVM DeFi strategy allocation, so the current... Reserve evidence: Real-Time PoR from Accountable.", "name": "Hyperbeat USDT", "pharos": {"id": "hbusdt-hyperbeat", "grade": "C", "score": 59, "weakestPillar": {"pillar": "exit", "score": 45.86}, "url": "https://pharos.watch/stablecoin/hbusdt-hyperbeat"}, "research": [], "symbol": "hbUSDT", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x5f7827fdeb7c20b443265fc2f40845b715385ff2": {"address": "0x5f7827fdeb7c20b443265fc2f40845b715385ff2", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Stellar", "XRPL", "Solana"], "chainCount": 4, "defillamaId": "254", "geckoId": "societe-generale-forge-eurcv"}, "description": "EUR CoinVertible (EURCV) is a fully collateralized, regulatory-compliant stablecoin issued by Societe Generale-FORGE to bridge traditional finance and public blockchains", "geckoId": "societe-generale-forge-eurcv", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "EURCV is minted and redeemed by authorized institutions through SG-FORGE’s infrastructure, where fiat deposits back on-chain issuance and redemptions trigger equivalent fiat withdrawals", "name": "EUR CoinVertible", "pharos": {"id": "eurcv-societe-generale-forge", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "control", "score": 52}, "url": "https://pharos.watch/stablecoin/eurcv-societe-generale-forge"}, "research": [], "symbol": "EURCV", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x5f98805a4e8be255a32880fdec7f6728c6568ba0": {"address": "0x5f98805a4e8be255a32880fdec7f6728c6568ba0", "bluechip": {"coingecko_id": "liquity-usd", "date_of_rating": "2023-06-04", "grade": "A", "name": "Liquity", "scores": {"collateralization": 268, "marketcap": "27467315.6679", "peg": 1, "price": 1.003, "smart_contract_audit": true, "vol24h": "95644.6954"}, "symbol": "LUSD", "url": "https://bluechip.org/coins/lusd"}, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 27815361.852665354, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Scroll", "Polygon", "BSC", "Fantom", "Avalanche", "Polygon zkEVM", "ZKsync Era"], "chainCount": 10, "defillamaId": "8", "geckoId": "liquity-usd"}, "description": "LUSD is Liquity's fully decentralized dollar stablecoin, minted only against ETH at a 110% collateral ratio, with on-chain redemption and immutable code. The static profile records its US Dollar peg mechanism as: Overcollateralized ETH CDPs (Troves) with three peg mechanisms: (1) hard floor at $1 via direct on-chain redemption of LUSD for $1 of ETH from the riskiest Trove; (2) Stability Pool absorbs liquidations at 110% collateral ratio; (3)...", "geckoId": "liquity-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies LUSD backing as Crypto-Collateralized. Collateral, per the static profile: ETH only; 110% minimum collateralization ratio per Trove (CDP), with a one-time borrowing fee instead of ongoing interest Reserve evidence: live reserve feed configured.", "name": "Liquity USD", "pharos": {"id": "lusd-liquity", "grade": "B+", "score": 78, "weakestPillar": {"pillar": "backing", "score": 79.0586923076923}, "url": "https://pharos.watch/stablecoin/lusd-liquity"}, "research": [], "symbol": "LUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x5fa487bca6158c64046b2813623e20755091da0b": {"address": "0x5FA487BCa6158c64046B2813623e20755091DA0b", "bluechip": null, "chain": "ethereum", "defillama": null, "description": "Theo thBILL — T-bill-backed yield token from Theo Network. Multichain deployment (Arbitrum, HyperEVM, Hyperliquid); Ethereum primary used here. Covered by TID Research (https://tidresearch.com/reports/thbill/).", "llamarisk": {"mhsLink": null}, "name": "Theo thBILL", "pharos": {"id": "thbill-theo", "grade": "D", "score": 48, "weakestPillar": {"pillar": "backing", "score": 39.7838}, "url": "https://pharos.watch/stablecoin/thbill-theo"}, "research": [{"author": "TID Research", "date": null, "source": "TID Research", "title": "thBILL — Risk Assessment", "url": "https://tidresearch.com/reports/thbill/"}], "source": "extra_tokens", "symbol": "thBILL", "telosc": {}, "tidResearchScore": {"axes": {"Backing": {"color_bucket": "amber", "score": 5.0}, "Issuer": {"color_bucket": "orange", "score": 4.5}, "Liquidity": {"color_bucket": "orange", "score": 3.5}, "Peg Mechanism": {"color_bucket": "orange", "score": 3.5}, "Underlying": {"color_bucket": "amber", "score": 5.0}}, "category": "Tokenized Treasury (RWA)", "chains": ["Ethereum", "Arbitrum", "Base", "HyperEVM"], "color_bucket": "orange", "issuer": "Theo Protocol Corporation", "last_verified": "2026-07-02", "overall": 4.5, "peg_mechanism": "nav-accruing", "underlying": null, "url": "https://tidresearch.com/reports/thbill/"}, "tidresearch": {}, "decimals": 6, "mintRedeemDescription": "Pharos classifies thBILL backing as Real-World Asset Backed. Collateral, per the static profile: Basket of institutional-grade tokenized U.S. Treasury bills; currently 100% tULTRA, a wrapped representation of Standard Chartered Libeara's ULTRA fund (Delta Wellington Ultra Short Treasury On-Chain Fund), managed by Wellington... Reserve evidence: live reserve feed configured."}, "0x61a10e8556bed032ea176330e7f17d6a12a10000": {"address": "0x61a10e8556bed032ea176330e7f17d6a12a10000", "bluechip": null, "chain": "bsc", "decimals": 18, "defillama": {"totalCirculating": 99889274.03860417, "chains": ["BSC"], "chainCount": 1, "defillamaId": "407", "geckoId": "unity-usd"}, "description": "UUSD is a USD-pegged stablecoin built by Anything Labs, designed as a settlement currency and stablecoin issuance network for the AI agent economy.", "geckoId": "unity-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "UUSD is backed by a reserve of stablecoins including USDT and USDC, and is redeemable 1:1 for fiat-equivalent value at any time.", "name": "Unity USD", "pharos": {"id": "uusd-anything-labs", "grade": "F", "score": 32, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/uusd-anything-labs"}, "research": [], "symbol": "UUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x61d450a098b6a7f69fc4b98ce68198fe59768651": {"address": "0x61d450a098b6a7f69fc4b98ce68198fe59768651", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["World Chain", "Gnosis", "Polygon", "BSC", "Base", "Ethereum"], "chainCount": 6, "defillamaId": "381", "geckoId": "chilean-peso"}, "description": "Chilean Peso stablecoin.", "geckoId": "chilean-peso", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Issued by Ripio with a 1:1 peg to the Chilean peso. Each wCLP is backed by liquid instruments denominated in CLP held in Chilean bank accounts, with reserves periodically attested by local public accountants. Users mint and redeem by on/off-ramping CLP through Ripio's platform.", "name": "Chilean Peso", "pharos": {"id": "wclp-ripio", "grade": "F", "score": 32, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/wclp-ripio"}, "research": [], "symbol": "WCLP", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x632db1aaace73401a5dc8cde6e9062b8ec0fd819": {"address": "0x632db1aaace73401a5dc8cde6e9062b8ec0fd819", "bluechip": null, "chain": "base", "decimals": 18, "defillama": null, "description": "GLDY is Streamex's tokenized gold ounce on Base, backed by physical bullion and gold-leasing receivables with Chainlink Proof of Reserve. The static profile records its Gold peg mechanism as: Commodity-backed gold token with Chainlink proof-of-reserves on Base; eligible primary-market investors can redeem through the issuer process, while secondary markets price the gold-ounce claim plus accrued yield mechanics", "geckoId": "streamex-gldy", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies GLDY backing as Real-World Asset Backed. Collateral, per the static profile: Physical gold bullion backing with issuer-managed gold leasing through Monetary Metals; Streamex presents one GLDY as one troy ounce of gold exposure with yield paid in additional gold Reserve evidence: Real-Time PoR from Chainlink Proof of Reserve.", "name": "Streamex Gold Yield", "pharos": {"id": "gldy-streamex", "grade": "D", "score": 41, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/gldy-streamex"}, "research": [], "symbol": "GLDY", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x63d74d22e689c715a04f2c13962b1f77f443d35b": {"address": "0x63d74d22e689c715a04f2c13962b1f77f443d35b", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 910687.8500043611, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "366", "geckoId": "alto-dusd"}, "description": "DUSD is Alto's overcollateralized USD stablecoin minted from isolated on-chain markets backed by ETH, BTC, and yield-bearing variants, with a 5M USDC PSM. The static profile records its US Dollar peg mechanism as: Overcollateralized minting via isolated lending markets (mint and borrow); peg backstopped by a PSM enabling 1:1 USDC↔DUSD swaps at 0.20% fee (5M USDC cap); arbitrageurs exploit the PSM rate vs. market price to restore peg; all markets...", "geckoId": "alto-dusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies DUSD backing as Crypto-Collateralized. Collateral, per the static profile: Over-collateralized on-chain assets in isolated lending markets on Ethereum: mint markets accept WETH, wstETH (Lido), rETH (Rocket Pool), mETH (Mantle LST), sUSDe (Ethena), and Syrup USDC; borrow markets accept cbBTC, WBTC, tBTC, sUSDe... Reserve evidence: curated reserve profile.", "name": "Alto DUSD", "pharos": {"id": "dusd-alto", "grade": "B", "score": 70, "weakestPillar": {"pillar": "exit", "score": 68.51}, "url": "https://pharos.watch/stablecoin/dusd-alto"}, "research": [], "symbol": "DUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x6440f144b7e50d6a8439336510312d2f54beb01d": {"address": "0x6440f144b7e50d6a8439336510312d2f54beb01d", "bluechip": {"coingecko_id": "liquity-bold-2", "date_of_rating": "2026-01-12", "grade": "A-", "name": "Liquity", "scores": {"collateralization": 313, "marketcap": "29736015.2312", "peg": 1, "price": 1.001, "smart_contract_audit": true, "vol24h": "2984141.6295"}, "symbol": "BOLD", "url": "https://bluechip.org/coins/bold"}, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 30106136.587804753, "chains": ["Ethereum", "OP Mainnet", "Base", "Arbitrum", "Avalanche", "Hyperliquid L1", "Scroll"], "chainCount": 7, "defillamaId": "269", "geckoId": "liquity-bold-2"}, "description": "BOLD is the USD-pegged stablecoin issued in Liquity V2. It’s fully decentralized, overcollateralized and backed only by WETH, wstETH and rETH", "geckoId": "liquity-bold-2", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "BOLD is minted in Liquity V2 by borrowing against overcollateralized deposits of WETH, wstETH, or rETH, and it can always be redeemed directly for these underlying assets at a 1:1 USD value", "name": "Liquity BOLD", "pharos": {"id": "bold-liquity", "grade": "A", "score": 84, "weakestPillar": {"pillar": "backing", "score": 81.67900399999999}, "url": "https://pharos.watch/stablecoin/bold-liquity"}, "research": [], "symbol": "BOLD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x649a2da7b28e0d54c13d5eff95d3a660652742cc": {"address": "0x649a2da7b28e0d54c13d5eff95d3a660652742cc", "bluechip": null, "chain": "polygon", "decimals": 0, "defillama": null, "description": "IDRX is PT IDRX Indo Inovasi's centralized rupiah stablecoin, backed 1:1 by IDR fiat reserves and Indonesian government bonds with KYC-gated mint and redeem. The static profile records its Indonesian Rupiah peg mechanism as: Direct 1:1 mint and redemption of IDRX for Indonesian rupiah through IDRX platform after KYC verification; native multichain deployment with built-in bridge functions", "geckoId": "idrx", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies IDRX backing as Real-World Asset Backed. Collateral, per the static profile: Indonesian rupiah (IDR) fiat reserves and government bonds held 1:1 by PT IDRX Indo Inovasi; CertiK-audited smart contracts with multisig controls Reserve evidence: Independent Audit from IDRX transparency and audit documents.", "name": "IDRX", "pharos": {"id": "idrx-idrx", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 45.93}, "url": "https://pharos.watch/stablecoin/idrx-idrx"}, "research": [], "symbol": "IDRX", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x64ab176c545bb85eca75d53c3ffcb361deafb855": {"address": "0x64ab176c545bb85eca75d53c3ffcb361deafb855", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "inALPHA is Nest Credit's NAV-priced dollar vault token, holding private and structured credit positions with nTBILL and liquid stablecoin buffers. The static profile records its US Dollar peg mechanism as: Vault LP token whose value targets a dollar base but can appreciate or drift with strategy NAV rather than functioning as a hard 1:1 redeemable stablecoin", "geckoId": "nest-alpha-vault-lp", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies inALPHA backing as Real-World Asset Backed. Collateral, per the static profile: Diversified portfolio of tokenized RWAs from institutional asset managers plus private-credit and trade-finance positions from accredited protocol partners, with a liquidity buffer of yield-bearing stablecoins and an nTBILL (Nest... Reserve evidence: live reserve feed configured.", "name": "Nest Alpha Vault LP", "pharos": {"id": "inalpha-nest", "grade": "F", "score": 35, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/inalpha-nest"}, "research": [], "symbol": "inALPHA", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x6781d5631bfe47432b089e64e3eab3b6edd26177": {"address": "0x6781d5631bfe47432b089e64e3eab3b6edd26177", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "427", "geckoId": "jpysc"}, "description": null, "geckoId": "jpysc", "llamarisk": {"mhsLink": null}, "name": "JPYSC", "pharos": {"id": "jpysc-sbi-startale", "grade": "F", "score": 18, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/jpysc-sbi-startale"}, "research": [], "symbol": "JPYSC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x68749665ff8d2d112fa859aa293f07a622782f38": {"address": "0x68749665ff8d2d112fa859aa293f07a622782f38", "bluechip": {"coingecko_id": "tether-gold", "date_of_rating": "2023-06-04", "grade": "D", "name": "Tether", "scores": {"collateralization": 100, "marketcap": "2464408369.8777", "peg": null, "price": 4021.4, "smart_contract_audit": true, "vol24h": "126410706.9644"}, "symbol": "XAUT", "url": "https://bluechip.org/coins/xaut"}, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "XAUT is Tether's gold-backed commodity token, with each token representing one fine troy ounce of LBMA Good Delivery gold held in Swiss vaults. The static profile records its Gold peg mechanism as: Direct 1:1 redemption for physical gold through TG Commodities, S.A. de C.V.; minimum 430 XAUt for a full bar; physical delivery to Switzerland only. Supply figures include XAUt0 (omnichain variant via LayerZero lock-and-mint) deployed on...", "geckoId": "tether-gold", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies XAUT backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery gold bars held in Swiss vaults by an undisclosed Swiss custodian; each token represents one fine troy ounce Reserve evidence: Independent Audit from BDO Italia.", "name": "Tether Gold", "pharos": {"id": "xaut-tether", "grade": "B", "score": 71, "weakestPillar": {"pillar": "exit", "score": 63.53}, "url": "https://pharos.watch/stablecoin/xaut-tether"}, "research": [], "symbol": "XAUT", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x69420f9e38a4e60a62224c489be4bf7a94402496": {"address": "0x69420f9e38a4e60a62224c489be4bf7a94402496", "bluechip": null, "chain": "arbitrum", "decimals": 18, "defillama": {"totalCirculating": 2361.4170765238828, "chains": ["OP Mainnet", "Arbitrum", "Base"], "chainCount": 3, "defillamaId": "417", "geckoId": "defi-money"}, "description": "$MONEY is a USD-denominated decentralized stablecoin from defi.money, a crvUSD-based protocol on Optimism and Arbitrum, pegged to the US Dollar and minted against crypto collateral.", "geckoId": "defi-money", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users deposit crypto collateral to borrow MONEY, and repay MONEY to unlock their collateral.", "name": "Defi.money", "pharos": {"id": "money-defi-money", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/money-defi-money"}, "research": [{"author": "LlamaRisk", "date": "2024-06-12T18:39:37+00:00", "source": "LlamaRisk", "title": "Initial Recommendation for Defi.Money's $MONEY Markets", "url": "https://llamarisk.substack.com/p/initial-recommendation-for-defimoneys"}], "symbol": "MONEY", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x69f6d4d4813f8e2e618dae7572e04b6d5329e207": {"address": "0x69f6d4d4813f8e2e618dae7572e04b6d5329e207", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 2872870.1173170055, "chains": ["Rootstock", "Arbitrum", "Ethereum"], "chainCount": 3, "defillamaId": "30", "geckoId": null}, "description": "Dollar on Chain an over-collateralized USD-pegged stablecoin backed by rBTC on the RSK Blockchain.", "geckoId": "dollar-on-chain", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Using the Money On Chain app, users mint DoC by depositing rBTC into a vault. When the loan is repaid to retrieve the collateral, the paid back DoC is burned.", "name": "Dollar on Chain", "pharos": {"id": "doc-money-on-chain", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "exit", "score": 63.67}, "url": "https://pharos.watch/stablecoin/doc-money-on-chain"}, "research": [], "symbol": "DOC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x6ad038ca6c04e885630851278ca0a856ad9a66cc": {"address": "0x6ad038ca6c04e885630851278ca0a856ad9a66cc", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 653578625.9290366, "chains": ["Ethereum", "Solana", "Provenance", "Stellar"], "chainCount": 4, "defillamaId": "272", "geckoId": "ylds"}, "description": "YLDS is a fixed price, daily accrual public debt security native to blockchain. It is the first interest-bearing transferable stablecoin native to a public blockchain, registered with the Securities and Exchange Commission. YLDS can be transferred peer-to-peer and is backed by the same securities that prime money market funds hold.", "geckoId": "ylds", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Minted when users purchase YLDS on figuremarkets.com and can be redeemed 1:1 for USD/USDC 24/7.", "name": "YLDS", "pharos": {"id": "ylds-figure", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "exit", "score": 52.19}, "url": "https://pharos.watch/stablecoin/ylds-figure"}, "research": [], "symbol": "YLDS", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x6b175474e89094c44da98b954eedeac495271d0f": {"address": "0x6b175474e89094c44da98b954eedeac495271d0f", "bluechip": {"coingecko_id": "dai", "date_of_rating": "2023-06-04", "grade": "B+", "name": "Sky Money", "scores": {"collateralization": 180, "marketcap": "4581718228.5594", "peg": 1, "price": 1, "smart_contract_audit": true, "vol24h": "204386541.9132"}, "symbol": "DAI", "url": "https://bluechip.org/coins/dai"}, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "geckoId": "dai", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned.", "name": "Dai", "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "research": [], "symbol": "DAI", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x6bede1c6009a78c222d9bdb7974bb67847fdb68c": {"address": "0x6bede1c6009a78c222d9bdb7974bb67847fdb68c", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 7507153.527626624, "chains": ["Hemi", "Ethereum", "GOAT", "CORE", "Plume Mainnet", "Sonic", "BSC"], "chainCount": 7, "defillamaId": "253", "geckoId": "usbd"}, "description": "USBD is Bima's Bitcoin-backed CDP stablecoin minted from overcollateralized BTC LST vaults under Liquity-style mechanics with a USDC/USDP/GUSD PSM. The static profile records its US Dollar peg mechanism as: Liquity-style overcollateralized vaults with a 150% minimum collateral ratio; USBD can be redeemed permissionlessly for $1 of BTC-denominated collateral from the lowest-ratio vaults with a fee of coreRate + 75 bps; a Peg Stability Module...", "geckoId": "usbd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USBD backing as Crypto-Collateralized. Collateral, per the static profile: Bitcoin liquid staking/restaking derivatives and other approved BTC wrappers deposited into BIMA vaults; the Peg Stability Module can also hold approved stablecoins such as USDC, USDP, and GUSD for peg operations Reserve evidence: live reserve feed configured.", "name": "USBD", "pharos": {"id": "usbd-bima", "grade": "D", "score": 43, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usbd-bima"}, "research": [], "symbol": "USBD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x6c3ea9036406852006290770bedfcaba0e23a0e8": {"address": "0x6c3ea9036406852006290770bedfcaba0e23a0e8", "bluechip": {"coingecko_id": "paypal-usd", "date_of_rating": "2023-10-10", "grade": "A-", "name": "PayPal", "scores": {"collateralization": 100, "marketcap": "2693697234.8333", "peg": 1, "price": 0.999934, "smart_contract_audit": true, "vol24h": "218743507.6355"}, "symbol": "PYUSD", "url": "https://bluechip.org/coins/pyusd"}, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 2781008847.103174, "chains": ["Ethereum", "Solana", "Arbitrum", "Flow", "Polygon", "Sei", "Berachain", "Cardano", "Avalanche", "Ink", "Tron", "Plume Mainnet", "Abstract", "Stable", "Fraxtal", "OP Mainnet", "Kiteai", "Glue", "Codex"], "chainCount": 19, "defillamaId": "120", "geckoId": "paypal-usd"}, "description": "PYUSD is PayPal's regulated dollar stablecoin issued by Paxos, redeemable 1:1 and backed by U.S. Treasury reverse repos and cash deposits. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through PayPal/Paxos", "geckoId": "paypal-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies PYUSD backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, U.S. Treasury securities, and reverse repurchase agreements Reserve evidence: Independent Audit from KPMG.", "name": "PayPal USD", "pharos": {"id": "pyusd-paypal", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/pyusd-paypal"}, "research": [], "symbol": "PYUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x6cd3a5ba46fa254d4d2e3c2b37350ae337e94a0f": {"address": "0x6cd3a5ba46fa254d4d2e3c2b37350ae337e94a0f", "bluechip": null, "chain": "flare", "decimals": 18, "defillama": null, "description": "CDP is Enosys's overcollateralized dollar stablecoin on Flare, minted from Flare-ecosystem collateral via Enosys Loans CDP vaults. The static profile records its US Dollar peg mechanism as: Liquity V2 friendly fork: an overcollateralized CDP with user-set borrow interest rates, a Stability Pool that absorbs liquidations, and automated redemptions against the lowest-rate positions when CDP trades below its $1 peg; collateral...", "geckoId": "enosys-loans-cdp", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies CDP backing as Crypto-Collateralized. Collateral, per the static profile: FXRP, wFLR, sFLR, and stXRP deposited into Enosys Loans CDP positions on Flare, with collateral priced by the Flare Time Series Oracle (FTSO) Reserve evidence: live reserve feed configured.", "name": "Enosys Loans CDP", "pharos": {"id": "cdp-enosys", "grade": "C", "score": 59, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/cdp-enosys"}, "research": [], "symbol": "CDP", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x6d57b2e05f26c26b549231c866bdd39779e4a488": {"address": "0x6d57b2e05f26c26b549231c866bdd39779e4a488", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "VNXAU is VNX's Liechtenstein-licensed gold token where each unit represents one gram of allocated physical gold vaulted under the FMA Blockchain Act. The static profile records its Gold peg mechanism as: Each VNXAU represents one gram of gold; verified VNX platform users can sell tokens through the platform and request physical collection or delivery from one-kilogram bar denominations", "geckoId": "vnx-gold", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies VNXAU backing as Real-World Asset Backed. Collateral, per the static profile: Physical gold reported in custody at Philoro in Liechtenstein; the latest AUP reconciles 13,100 tokens to 13,100 gross grams but does not validate gold quality, value, legal rights, or physical presence Reserve evidence: Independent Audit from AREVA General Auditing and Trust Company Limited.", "name": "VNX Gold", "pharos": {"id": "vnxau-vnx", "grade": "D", "score": 45, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/vnxau-vnx"}, "research": [], "symbol": "VNXAU", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x6fa0be17e4bea2fcfa22ef89bf8ac9aab0ab0fc9": {"address": "0x6fa0be17e4bea2fcfa22ef89bf8ac9aab0ab0fc9", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": null, "chains": ["Tron", "Ethereum"], "chainCount": 2, "defillamaId": "258", "geckoId": "a7a5"}, "description": "A7A5 is a RUB stablecoin, fully backed by real assets and integrated into the Tron and Ethereum ecosystem. The main goal is to provide crypto enthusiasts with a safe and transparent tool for trading and passive income", "geckoId": "a7a5", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users mint A7A5 by depositing Russian rubles through authorized partners with KYC, receiving tokens 1:1 on-chain, and can redeem them by returning A7A5 for an equivalent ruble payout", "name": "A7A5", "pharos": {"id": "a7a5-old-vector", "grade": "F", "score": 24, "weakestPillar": {"pillar": "backing", "score": 35}, "url": "https://pharos.watch/stablecoin/a7a5-old-vector"}, "research": [], "symbol": "A7A5", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x70e8de73ce538da2beed35d14187f6959a8eca96": {"address": "0x70e8de73ce538da2beed35d14187f6959a8eca96", "bluechip": {"coingecko_id": "xsgd", "date_of_rating": "2023-06-04", "grade": "B+", "name": "StraitsX", "scores": {"collateralization": 100, "marketcap": "12233039.9250", "peg": null, "price": 0.774494, "smart_contract_audit": true, "vol24h": "864385.5767"}, "symbol": "XSGD", "url": "https://bluechip.org/coins/xsgd"}, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Avalanche", "Zilliqa", "Hedera", "Arbitrum", "XRPL"], "chainCount": 7, "defillamaId": "289", "geckoId": "xsgd"}, "description": "XSGD is the StraitsX digital Singapore Dollar, designed to revolutionise money transfers across the region. XSGD is fully backed by reserve assets and is always redeemable on a 1:1 basis with the Singapore Dollar.", "geckoId": "xsgd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Verified StraitsX users can access the StraitsX platform to set up their StraitsX Mint function and directly mint XSGD into their preferred blockchain address by sending Singapore dollars to the bank account number available in the Mint tab. It can always be redeemed at a 1:1 ratio with SGD on the StraitsX platform.", "name": "XSGD", "pharos": {"id": "xsgd-straitsx", "grade": "B+", "score": 77, "weakestPillar": {"pillar": "exit", "score": 69.82}, "url": "https://pharos.watch/stablecoin/xsgd-straitsx"}, "research": [], "symbol": "XSGD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x7175504c455076f15c04a2f90a8e352281f492f9": {"address": "0x7175504c455076f15c04a2f90a8e352281f492f9", "bluechip": null, "chain": "celo", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Celo"], "chainCount": 1, "defillamaId": "361", "geckoId": "celo-australian-dollar"}, "description": "AUDm is Mento's crypto-backed Australian dollar on Celo, minted by depositing USDm as Liquity-v2-style CDP collateral against the Mento reserve mix. The static profile records its Australian Dollar peg mechanism as: Mento V3 oracle-priced FX stablecoin minted by depositing USDm as CDP collateral and borrowing AUDm against it; user-set interest rates, Stability Pool liquidations, and Liquity-style redemptions support the AUDm peg, with circuit...", "geckoId": "celo-australian-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies AUDm backing as Crypto-Collateralized. Collateral, per the static profile: Mento V3 Liquity-v2-style CDPs collateralized by USDm; USDm in turn is backed by the Mento Reserve mix (sUSDS, CELO, EURC, USDC, USDT, axlEUROC, stETH, and smaller positions exposed via the Mento reserve dashboard) Reserve evidence: Real-Time PoR from Mento Reserve dashboard.", "name": "Mento Australian Dollar", "pharos": {"id": "audm-mento", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/audm-mento"}, "research": [], "symbol": "AUDm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x71881974e96152643c74a8e0214b877cfb2a0aa1": {"address": "0x71881974e96152643c74a8e0214b877cfb2a0aa1", "bluechip": null, "chain": "hemi", "decimals": 6, "defillama": null, "description": "vCRED is a Hemi-based credit-token dollar backed by protocol-managed crypto and credit collateral, with admin-controlled mint authority on a young chain. The static profile records its US Dollar peg mechanism as: Credit-token stable asset with protocol-managed collateral and redemption/liquidity controls on Hemi", "geckoId": "vcred", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies vCRED backing as Crypto-Collateralized. Collateral, per the static profile: Hemi-based credit and crypto collateral backing vCRED Reserve evidence: live reserve feed configured.", "name": "vCred", "pharos": {"id": "vcred-vcred", "grade": "F", "score": 32, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/vcred-vcred"}, "research": [], "symbol": "vCRED", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x722a89f1b925fe41883978219c2176aecc7d6699": {"address": "0x722a89f1b925fe41883978219c2176aecc7d6699", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "XNK is Kinka's gold-backed commodity token, with each token representing one troy ounce of 99.99% Japanese-brand gold bullion held with Loomis vaulting. The static profile records its Gold peg mechanism as: XNK can be exchanged for physical gold through GM LLC/storage-company desks after AML/KYC; issuer docs describe a 321.5 XNK minimum for ten 1 kg bars, and secondary-market price tracks one fine troy ounce of gold.", "geckoId": "kinka", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies XNK backing as Real-World Asset Backed. Collateral, per the static profile: Each XNK represents one fine troy ounce equivalent of 99.99% Japanese-brand physical gold bullion held through Gold Management LLC and stored with Loomis International vaulting; issuer is Kinka (BVI) Ltd. Reserve evidence: Self-Reported PoR from Kinka issuer disclosures.", "name": "Kinka", "pharos": {"id": "xnk-kinka", "grade": "F", "score": 37, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/xnk-kinka"}, "research": [], "symbol": "XNK", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x738d1115b90efa71ae468f1287fc864775e23a31": {"address": "0x738d1115b90efa71ae468f1287fc864775e23a31", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "srUSD is Reservoir's savings wrapper of rUSD; share price accrues yield from RWA, lending vaults, and credit strategies on the Reservoir balance sheet. The static profile records its US Dollar peg mechanism as: srUSD accrues protocol yield against rUSD. Holders can exit srUSD to rUSD, while rUSD is minted and redeemed through Reservoir's PSM against supported stablecoins subject to protocol liquidity and risk controls.", "geckoId": "reservoir-srusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies srUSD backing as Real-World Asset Backed. Collateral, per the static profile: Yield-bearing Reservoir savings token backed by the Reservoir balance sheet: stablecoin PSM liquidity, RWA allocations, Morpho/Euler lending vaults, and governance-approved credit strategies monitored through Reservoir's on-chain... Reserve evidence: Real-Time PoR from Reservoir Protocol.", "name": "Savings rUSD", "pharos": {"id": "srusd-reservoir", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "backing", "score": 57.071999999999996}, "url": "https://pharos.watch/stablecoin/srusd-reservoir"}, "research": [], "symbol": "srUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x73a15fed60bf67631dc6cd7bc5b6e8da8190acf5": {"address": "0x73a15fed60bf67631dc6cd7bc5b6e8da8190acf5", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 550693977.1225919, "chains": ["Ethereum", "Arbitrum"], "chainCount": 2, "defillamaId": "195", "geckoId": "usual-usd"}, "description": "USD0 is Usual's RWA-backed dollar, collateralized by tokenized U.S. T-bills and cash-equivalent products such as USYC, M by M0, USDtb by Ethena, and USDC. The static profile records its US Dollar peg mechanism as: 1:1 minting by depositing approved RWA tokens (e.g. USYC) directly, or depositing USDC via a gateway; redeemable 1:1 for underlying RWA assets via the DaoCollateral contract at any time; arbitrageurs enforce the peg", "geckoId": "usual-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USD0 backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized short-term U.S. Treasury bills and reverse repos, primarily via Hashnote USYC; also M by M0, USDtb by Ethena (via UsualUSDtb wrapper), and indirect USDC gateway liquidity Reserve evidence: live reserve feed configured.", "name": "Usual USD", "pharos": {"id": "usd0-usual", "grade": "D", "score": 41, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usd0-usual"}, "research": [], "symbol": "USD0", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x73f93dcc49cb8a239e2032663e9475dd5ef29a08": {"address": "0x73f93dcc49cb8a239e2032663e9475dd5ef29a08", "bluechip": null, "chain": "celo", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Celo"], "chainCount": 1, "defillamaId": "371", "geckoId": "celo-west-african-cfa-franc"}, "description": "XOFm is a XOF-pegged synthetic stablecoin on Celo, part of the Mento Protocol. It is minted via Liquity v2-style CDPs: users deposit USDm as collateral and borrow XOFm against it.", "geckoId": "celo-west-african-cfa-franc", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "XOFm is minted by depositing collateral into a Mento CDP (trove) and borrowing XOFm against it. Repaying the borrowed XOFm closes or reduces the trove and releases the USDm collateral.", "name": "Mento West African CFA Franc", "pharos": {"id": "xofm-mento", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "backing", "score": 68.281615372855}, "url": "https://pharos.watch/stablecoin/xofm-mento"}, "research": [], "symbol": "XOFm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x7433806912eae67919e66aea853d46fa0aef98a8": {"address": "0x7433806912eae67919e66aea853d46fa0aef98a8", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "mGLOBAL is a Midas tokenized certificate wrapping Fasanara's global private-credit and strategy portfolio; NAV-accreting, EEA-restricted rails. The static profile records its US Dollar peg mechanism as: NAV-accreting Midas tokenized certificate; primary issuance and redemption occur through Midas permissioned rails rather than a fixed $1 peg.", "geckoId": "midas-fasanara-global", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies mGLOBAL backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized exposure to Fasanara's Global Fund (same strategy as the Global Diversified Alternative Debt Fund): an asset-backed lending portfolio investing primarily in short-dated trade receivables and digital invoices purchased from SMEs... Reserve evidence: Self-Reported PoR from Midas Attestation Engine: on-chain NAV/proof-of-reserves/price, independently verified via Chainlink, Canary, LlamaRisk and vLayer.", "name": "Midas Fasanara Global", "pharos": {"id": "mglobal-midas-fasanara", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "exit", "score": 40.62}, "url": "https://pharos.watch/stablecoin/mglobal-midas-fasanara"}, "research": [], "symbol": "mGLOBAL", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "midas-mglobal", "name": "Midas mGLOBAL", "score": 3.43, "tier": "Medium Risk", "type": "Protocol", "chain": "Ethereum", "date": "June 23, 2026", "url": "https://curation.yearn.fi/report/midas-mglobal/"}}, "0x7712c34205737192402172409a8f7ccef8aa2aec": {"address": "0x7712c34205737192402172409a8f7ccef8aa2aec", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 2737545705.200449, "chains": ["Ethereum", "Solana", "Avalanche", "BSC", "OP Mainnet", "Aptos", "Polygon", "Arbitrum"], "chainCount": 8, "defillamaId": "173", "geckoId": "blackrock-usd-institutional-digital-liquidity-fund"}, "description": "The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token, is fully backed by cash, U.S. Treasury bills, and repurchase agreements, and will provide yield paid out via blockchain rails every day to token holders, according to a press release.", "geckoId": "blackrock-usd-institutional-digital-liquidity-fund", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each month. The Fund invests 100% of its total assets in cash, U.S. Treasury bills, and repurchase agreements, allowing investors to earn yield while holding the token on the blockchain. Investors can transfer their tokens 24/7/365 to other pre-approved investors. Fund participants will also have flexible custody options allowing them to choose how to hold their tokens.", "name": "BlackRock USD", "pharos": {"id": "buidl-blackrock", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/buidl-blackrock"}, "research": [], "symbol": "BUIDL", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x7743e50f534a7f9f1791dde7dcd89f7783eefc39": {"address": "0x7743e50f534a7f9f1791dde7dcd89f7783eefc39", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "fxSAVE is the yield-bearing vault receipt over f(x) Protocol's fxUSD savings strategy, inheriting fxUSD's WBTC and wstETH CDP collateral risk. The static profile records its US Dollar peg mechanism as: fxSAVE is an auto-compounding ERC-4626 vault over the f(x) Protocol V2 Stability Pool (fxSP); holders redeem shares for fxSP and exit the pool to a fxUSD+USDC mix, then inherit fxUSD's CDP redemption and liquidation mechanics (Stability...", "geckoId": "fx-usd-saving", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies fxSAVE backing as Crypto-Collateralized. Collateral, per the static profile: ERC-4626 vault receipt over the f(x) Protocol V2 Stability Pool (fxSP / FxUSDBasePool), whose direct underlying is fxUSD plus a USDC reserve leg (currently fxUSD-dominant); auto-compounds wstETH/WBTC and Aave yield into more fxUSD and... Reserve evidence: live reserve feed configured.", "name": "f(x) USD Saving", "pharos": {"id": "fxsave-f-x-protocol", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.65}, "url": "https://pharos.watch/stablecoin/fxsave-f-x-protocol"}, "research": [], "symbol": "fxSAVE", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x78b7cd9308287deb724527d8703c889e2d6c3708": {"address": "0x78b7cd9308287deb724527d8703c889e2d6c3708", "bluechip": null, "chain": "base", "decimals": 18, "defillama": {"totalCirculating": 925947.8367267427, "chains": ["Icon", "Archway", "Base", "Avalanche", "Arbitrum", "Injective", "BSC", "OP Mainnet", "Havah"], "chainCount": 9, "defillamaId": "204", "geckoId": "balanced-dollars"}, "description": "Borrow bnUSD, swap and transfer crypto cross-chain, supply liquidity, and govern the future of Balanced", "geckoId": "balanced-dollars", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "The Balanced Dollar (bnUSD) is a decentralised stablecoin that tracks the price of 1 US dollar. You can borrow bnUSD against any supported collateral type, and use it wrapper-free on every blockchain Balanced connects to. There’s a 0.2% fee, and your loan will increase by 2% a year.", "name": "Balanced Dollars", "pharos": {"id": "bnusd-balanced", "grade": "F", "score": 20, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/bnusd-balanced"}, "research": [], "symbol": "BNUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x79d4f0232a66c4c91b89c76362016a1707cfbf4f": {"address": "0x79d4f0232a66c4c91b89c76362016a1707cfbf4f", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Solana", "Base", "Avalanche", "Ethereum", "Celo", "Stellar", "Polygon", "Fraxtal", "Arbitrum", "Tezos", "Q Protocol"], "chainCount": 11, "defillamaId": "157", "geckoId": "vnx-swiss-franc"}, "description": "VNX Swiss Franc (VCHF) is a fully regulated stablecoin referencing the Swiss franc. The token is issued by VNX Global Ltd., which is licensed to conduct digital asset business activities under a Class M digital assets business licence issued by the Bermuda Monetary Authority. Each VCHF token is designed to be fully backed 1:1 by Swiss francs and redeemable against the underlying Swiss franc reserve", "geckoId": "vnx-swiss-franc", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "VNX stablecoins (VCHF, VGBP) are minted upon confirmation of fiat funding of the segregated fiduciary account, and redeemed at par at any time per customer instruction. The flow supports two execution paths on the mint side (new issuance against new reserve, or proprietary-trade fill from VNX's liquidity pool) and two paths on the redeem side (direct cancellation against reserves, or buyback into the liquidity pool). An optional crypto-conversion leg is available on either side via VNX's external regulated provider. This page is the institutional-track summary; see Developer Track for sequence-level integration.", "name": "VNX Swiss Franc", "pharos": {"id": "vchf-vnx", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/vchf-vnx"}, "research": [], "symbol": "VCHF", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x7ba92741bf2a568abc6f1d3413c58c6e0244f8fd": {"address": "0x7ba92741bf2a568abc6f1d3413c58c6e0244f8fd", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "GBPe is Monerium's regulated British pound e-money, minted and redeemed by a licensed EMI against safeguarded GBP funds and permitted EMI reserve assets. The static profile records its British Pound peg mechanism as: Mint-and-burn through Monerium after onboarding/KYC: GBPe is issued when users deposit GBP through supported bank rails and burned when redeemed back to a bank account.", "geckoId": "monerium-gbp-emoney", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies GBPe backing as Real-World Asset Backed. Collateral, per the static profile: British pound e-money claim backed by safeguarded client funds and permitted EMI reserve assets under Monerium's regulated e-money framework Reserve evidence: Self-Reported PoR from Monerium financial information.", "name": "Monerium GBP emoney", "pharos": {"id": "gbpe-monerium", "grade": "D", "score": 49, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/gbpe-monerium"}, "research": [], "symbol": "GBPe", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x7c135549504245b5eae64fc0e99fa5ebabb8e35d": {"address": "0x7c135549504245b5eae64fc0e99fa5ebabb8e35d", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 49062219.49295288, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "348", "geckoId": "fidelity-digital-dollar"}, "description": "Fidelity Digital Dollar℠ (FIDD) is a stablecoin pegged 1:1 to the U.S. dollar and is issued by Fidelity Digital Assets, National Association, a subsidiary of Fidelity Investments®. FIDD is backed by the stringent operational standards of Fidelity Digital Assets® and draws on the history, principles, and expertise of the traditional Fidelity Investments® business.", "geckoId": "fidelity-digital-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "FIDD can be bought and sold for $1 (in eligible jurisdictions) by institutional clients on the Fidelity Digital Assets platform, by retail customers through Fidelity Crypto®, and by advisors through Fidelity Crypto® for Wealth Managers.* It is also available on exchanges where FIDD is listed. Clients will not be able to transfer to addresses Fidelity Digital Assets has frozen/restricted on the blockchain, even if they hold FIDD off-platform.", "name": "Fidelity Digital Dollar", "pharos": {"id": "fidd-fidelity", "grade": "B+", "score": 77, "weakestPillar": {"pillar": "exit", "score": 65.75}, "url": "https://pharos.watch/stablecoin/fidd-fidelity"}, "research": [], "symbol": "FIDD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x7cb20517776636ed76b68edb3d99dcce356abf02": {"address": "0x7cb20517776636ed76b68edb3d99dcce356abf02", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "sdUSD is dTRINITY's yield-bearing dUSD vault receipt; staked dUSD is supplied into dLEND and the share price accrues lending yield. The static profile records its US Dollar peg mechanism as: Stake dUSD to mint sdUSD vault receipts and unstake back into dUSD when dLEND liquidity is available; dSTAKE charges no staking fee, unstaking can incur up to 10 bps retained by the vault, and NAV appreciates as dLEND supply APY accrues.", "geckoId": "dtrinity-staked-dusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sdUSD backing as Crypto-Collateralized. Collateral, per the static profile: dUSD deposited into dTRINITY dSTAKE vaults and supplied into dLEND; deployments are chain-isolated and non-fungible across networks. Reserve evidence: live reserve feed configured.", "name": "dTRINITY Staked dUSD", "pharos": {"id": "sdusd-dtrinity", "grade": "F", "score": 28, "weakestPillar": {"pillar": "backing", "score": 38}, "url": "https://pharos.watch/stablecoin/sdusd-dtrinity"}, "research": [], "symbol": "sdUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x7cd017ca5ddb86861fa983a34b5f495c6f898c41": {"address": "0x7cd017ca5ddb86861fa983a34b5f495c6f898c41", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 610331.5109050614, "chains": ["Ethereum", "Polygon"], "chainCount": 2, "defillamaId": "234", "geckoId": "worldwide-usd"}, "description": "WUSD is a regulated stablecoin designed for worldwide payments and round-the-clock financial markets, always redeemable 1:1 for US dollars", "geckoId": "worldwide-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "WUSD is backed by liquid assets, including cash, cash equivalents, and short-term treasury bills. Each WUSD token represents one US Dollar held in reserve", "name": "Worldwide USD", "pharos": {"id": "wusd-worldwide", "grade": "F", "score": 37, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/wusd-worldwide"}, "research": [], "symbol": "WUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x7cf9dec92ca9fd46f8d86e7798b72624bc116c05": {"address": "0x7cf9dec92ca9fd46f8d86e7798b72624bc116c05", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "mAPOLLO is a Midas NAV-accreting liquid-yield token wrapping an Apollo Crypto managed strategy; permissioned mint/redeem, not a fixed $1 peg. The static profile records its US Dollar peg mechanism as: Midas NAV-accreting liquid-yield token with primary mint/redeem through Midas rails; it does not maintain a fixed $1 redemption floor.", "geckoId": "midas-mapollo", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies mAPOLLO backing as Crypto-Collateralized. Collateral, per the static profile: Apollo Crypto managed yield strategy tracked through a Midas liquid-yield token. Reserve evidence: Self-Reported PoR from Midas transparency dashboard and issuer disclosures.", "name": "Midas mAPOLLO", "pharos": {"id": "mapollo-midas", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 40.26}, "url": "https://pharos.watch/stablecoin/mapollo-midas"}, "research": [], "symbol": "mAPOLLO", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x7e2ac793f3e692f388e66c7dc28f739d13b0b71a": {"address": "0x7e2ac793f3e692f388e66c7dc28f739d13b0b71a", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "GGBR is Goldfish Gold (I-On Digital) tracking 1/1000th of a troy ounce per token, with issuer-managed gold exposure and issuer-controlled mint/redeem contracts. The static profile records its Gold peg mechanism as: GGBR price tracks the LBMA Gold Spot Price in real time at 1/1000th of a troy ounce per token; supply is created and redeemed through issuer-controlled mint/redeem contracts, with physical gold redemption available through regulated...", "geckoId": "goldfish-gold", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies GGBR backing as Real-World Asset Backed. Collateral, per the static profile: Each GGBR token represents 1/1000th of a troy ounce of LBMA-priced physical gold, sourced from I-ON Digital Corp's ION.au gold reserve and reported as 5:1 overcollateralized, with the underlying gold secured via UCC-1 liens in ION... Reserve evidence: Real-Time PoR from Goldfish designated collateral wallet on Ethereum.", "name": "Goldfish Gold", "pharos": {"id": "ggbr-goldfish-gold", "grade": "F", "score": 36, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/ggbr-goldfish-gold"}, "research": [], "symbol": "GGBR", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x7f4546ef315efc65336187fe3765ea779ac90183": {"address": "0x7f4546ef315efc65336187fe3765ea779ac90183", "bluechip": null, "chain": "avalanche", "decimals": 6, "defillama": null, "description": "VBILL is VanEck's tokenized T-bill share advised by Van Eck Absolute Return Advisers and administered via Securitize/State Street. The static profile records its US Dollar peg mechanism as: Institutional T-bill fund token that seeks a stable $1.00 NAV per share; yield accrues daily and is distributed as new tokens issued to holders. Instant mint and redemption at NAV through Securitize Markets against USDC, AUSD, or USD...", "geckoId": "vaneck-treasury-fund", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies VBILL backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury bills and repurchase agreements collateralized by U.S. Treasury obligations, held by a BVI Professional Fund advised by Van Eck Absolute Return Advisers; State Street Bank and Trust Company is custodian... Reserve evidence: Self-Reported PoR from Securitize / Van Eck Associates (daily NAV and holdings disclosures).", "name": "VanEck Treasury Fund", "pharos": {"id": "vbill-vaneck", "grade": "C", "score": 56, "weakestPillar": {"pillar": "exit", "score": 48.32}, "url": "https://pharos.watch/stablecoin/vbill-vaneck"}, "research": [], "symbol": "VBILL", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x806dd21af6de051fb811760a5768d04a99160eb9": {"address": "0x806dd21af6de051fb811760a5768d04a99160eb9", "bluechip": null, "chain": "bsc", "decimals": 18, "defillama": null, "description": "stUSD is StoneYield's BNB Chain yield wrapper over USDC routed through a Venus-linked strategy layer; tracked as a managed wrapper, not a plain fiat stablecoin. The static profile records its US Dollar peg mechanism as: StoneYield wrapper token designed to maintain one-dollar accounting against deposited stablecoin assets while strategy yield accrues through the protocol's managed vault structure", "geckoId": "stoneyield-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies stUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC and yield-bearing USDC positions routed through StoneYield's protocol contracts and Venus-linked strategy layer Reserve evidence: curated reserve profile.", "name": "StoneYield USD", "pharos": {"id": "stusd-stoneyield", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/stusd-stoneyield"}, "research": [], "symbol": "stUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x80ac24aa929eaf5013f6436cda2a7ba190f5cc0b": {"address": "0x80ac24aa929eaf5013f6436cda2a7ba190f5cc0b", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "syrupUSDC is Maple's ERC-4626 receipt for USDC lent to institutional borrowers as overcollateralized fixed-rate loans; withdrawals served by a FIFO queue. The static profile records its US Dollar peg mechanism as: ERC-4626 vault; USDC deposited into Maple lending pools, NAV appreciates with accrued interest; protocol withdrawals are requested onchain and serviced through a FIFO queue as liquidity becomes available", "geckoId": "syrupusdc", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies syrupUSDC backing as Real-World Asset Backed. Collateral, per the static profile: USDC deposits lent to institutional borrowers via overcollateralized, fixed-rate loans on Maple Finance Reserve evidence: Independent Audit from The Network Firm.", "name": "Maple syrupUSDC", "pharos": {"id": "syrupusdc-maple", "grade": "B-", "score": 67, "weakestPillar": {"pillar": "exit", "score": 51.29}, "url": "https://pharos.watch/stablecoin/syrupusdc-maple"}, "research": [{"author": "TID Research", "date": null, "source": "TID Research", "title": "syrupUSDC — Risk Assessment", "url": "https://tidresearch.com/reports/syrupusdc/"}], "symbol": "syrupUSDC", "telosc": {}, "tidResearchScore": {"axes": {"Backing": {"color_bucket": "lime", "score": 7.0}, "Issuer": {"color_bucket": "amber", "score": 5.5}, "Liquidity": {"color_bucket": "lime", "score": 7.5}, "Peg Mechanism": {"color_bucket": "lime", "score": 7.0}}, "category": "stablecoin", "chains": ["Ethereum", "Solana", "Arbitrum", "Base", "plasma"], "color_bucket": "amber", "issuer": "Maple Labs (Cayman Islands)", "last_verified": "2026-07-02", "overall": 6.8, "peg_mechanism": "nav-accruing", "underlying": null, "url": "https://tidresearch.com/reports/syrupusdc/"}, "tidresearch": {}, "yearn": {"slug": "maple-syrupusdc", "name": "Maple Finance", "score": 2.33, "tier": "Low Risk", "type": "Protocol", "chain": "Ethereum Mainnet", "date": "May 18, 2026", "url": "https://curation.yearn.fi/report/maple-syrupusdc/"}}, "0x8292bb45bf1ee4d140127049757c2e0ff06317ed": {"address": "0x8292bb45bf1ee4d140127049757c2e0ff06317ed", "bluechip": {"coingecko_id": "ripple-usd", "date_of_rating": null, "grade": "A", "name": "Ripple", "scores": {"collateralization": 100, "marketcap": "1606647954.6320", "peg": 1, "price": 1, "smart_contract_audit": true, "vol24h": "158653580.4328"}, "symbol": "RLUSD", "url": "https://bluechip.org/coins/rlusd"}, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 1575571706.834775, "chains": ["XRPL", "Ethereum"], "chainCount": 2, "defillamaId": "250", "geckoId": "ripple-usd"}, "description": "RLUSD is Ripple's NYDFS-chartered dollar stablecoin redeemable 1:1 and backed by USD deposits, cash equivalents, and short-term U.S. Treasuries. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Ripple", "geckoId": "ripple-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies RLUSD backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, cash equivalents, and short-term U.S. government Treasuries held in segregated accounts Reserve evidence: Independent Audit from Deloitte & Touche LLP.", "name": "Ripple USD", "pharos": {"id": "rlusd-ripple", "grade": "B+", "score": 75, "weakestPillar": {"pillar": "exit", "score": 72.02}, "url": "https://pharos.watch/stablecoin/rlusd-ripple"}, "research": [], "symbol": "RLUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x83f20f44975d03b1b09e64809b757c47f942beea": {"address": "0x83f20f44975d03b1b09e64809b757c47f942beea", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "sDAI is MakerDAO/Sky's savings-rate wrapper of DAI; deposit DAI, accrue the Dai Savings Rate through a rising exchange rate, with DAI-tier CDP risk underneath. The static profile records its US Dollar peg mechanism as: Deposit DAI to mint sDAI and redeem sDAI for the current convertToAssets amount of DAI; the share price rises as DSR accrues, and Spark's savings front-end documents withdrawals without slippage or platform fees", "geckoId": "savings-dai", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sDAI backing as Crypto-Collateralized. Collateral, per the static profile: DAI deposited into the sDAI savings vault; the wrapper remains fully backed by DAI while the exchange rate compounds with the Dai Savings Rate Reserve evidence: live reserve feed configured.", "name": "Savings Dai", "pharos": {"id": "sdai-sky", "grade": "B+", "score": 75, "weakestPillar": {"pillar": "backing", "score": 80.469862}, "url": "https://pharos.watch/stablecoin/sdai-sky"}, "research": [], "symbol": "sDAI", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x853d955acef822db058eb8505911ed77f175b99e": {"address": "0x853d955acef822db058eb8505911ed77f175b99e", "bluechip": {"coingecko_id": "frax", "date_of_rating": "2023-07-01", "grade": "D", "name": "Frax Finance", "scores": {"collateralization": 84, "marketcap": "220078388.8089", "peg": 1, "price": 0.992148, "smart_contract_audit": true, "vol24h": "209784.7249"}, "symbol": "FRAX", "url": "https://bluechip.org/coins/frax"}, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 156941211.2335561, "chains": ["Ethereum", "Fraxtal", "Moonriver", "Arbitrum", "BSC", "Avalanche", "OP Mainnet", "Moonbeam", "Fantom", "Polygon", "Near", "Boba", "Aurora", "ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda C1", "Everscale"], "chainCount": 22, "defillamaId": "6", "geckoId": "frax"}, "description": "Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.", "geckoId": "frax", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio.", "name": "Frax", "pharos": {"id": "frax-frax", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 49.88698029299551}, "url": "https://pharos.watch/stablecoin/frax-frax"}, "research": [{"author": "LlamaRisk", "date": "2024-06-04T21:41:39+00:00", "source": "LlamaRisk", "title": "Sturdy crvUSD Aggregator: Interest Rate Model Upgrade", "url": "https://llamarisk.substack.com/p/sturdy-crvusd-aggregator-interest"}], "symbol": "FRAX", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x865377367054516e17014ccded1e7d814edc9ce4": {"address": "0x865377367054516e17014ccded1e7d814edc9ce4", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 100550884.69837956, "chains": ["Ethereum", "Arbitrum", "BSC", "Fantom", "Base", "OP Mainnet", "Avalanche", "Polygon"], "chainCount": 8, "defillamaId": "15", "geckoId": "dola-usd"}, "description": "DOLA is an over-collateralized stablecoin pegged to the US Dollar.  It can also be used as collateral within the Frontier protocol to achieve high capital efficiency, leverage and native yield.", "geckoId": "dola-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Using FiRM, users mint DOLA by depositing an accepted collateral asset. When the loan is repaid to retrieve the collateral, the paid back DOLA is burned.", "name": "Dola", "pharos": {"id": "dola-inverse-finance", "grade": "C+", "score": 63, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/dola-inverse-finance"}, "research": [], "symbol": "DOLA", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x866a2bf4e572cbcf37d5071a7a58503bfb36be1b": {"address": "0x866a2bf4e572cbcf37d5071a7a58503bfb36be1b", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 280652610.473645, "chains": ["Ethereum", "Solana", "Monad", "Noble", "Hyperliquid L1", "Arbitrum", "OP Mainnet", "Plume Mainnet"], "chainCount": 8, "defillamaId": "213", "geckoId": "m-2-wrong"}, "description": "M is M0's institutional dollar stablecoin, minted by permissioned Minters against eligible collateral with on-chain Validator attestations. The static profile records its US Dollar peg mechanism as: Permissioned Minters pledge eligible collateral; Validators attest collateral sufficiency before on-chain minting, while POWER token holders govern eligible collateral and Minter/Validator permissions", "geckoId": "m-2-wrong", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies M backing as Real-World Asset Backed. Collateral, per the static profile: Eligible cash, Treasury, and token collateral reported by M0's protocol API; static category, token, and minter weights remain unresolved and are supplied dynamically by the configured live-reserve adapter Reserve evidence: Real-Time PoR from M0 Protocol (on-chain Validator attestations).", "name": "M by M0", "pharos": {"id": "m-m0", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "backing", "score": 56.65000000000001}, "url": "https://pharos.watch/stablecoin/m-m0"}, "research": [], "symbol": "M", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x86856814e74456893cfc8946bedcbb472b5fa856": {"address": "0x86856814e74456893cfc8946bedcbb472b5fa856", "bluechip": null, "chain": "ethereum", "decimals": 8, "defillama": null, "description": "GLDT is Gold DAO's fungible gold token: each token represents 0.01 grams of physical gold through locked GLD NFT backing. The static profile records its Gold peg mechanism as: Commodity redemption/swap model: 1 GLDT represents 0.01 grams of gold, and GLDT can be reverse-swapped into GLD NFTs when enough tokens are supplied to unlock the corresponding NFT denomination", "geckoId": "gold-token", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies GLDT backing as Real-World Asset Backed. Collateral, per the static profile: GLD NFTs representing physical gold bars stored in Swiss vaults; GLDT is minted when GLD NFTs are locked in the swap canister at a ratio of 1 gram of GLD NFT backing for 100 GLDT Reserve evidence: Independent Audit from KPMG.", "name": "Gold Token", "pharos": {"id": "gldt-gold-dao", "grade": "D", "score": 47, "weakestPillar": {"pillar": "exit", "score": 39.45}, "url": "https://pharos.watch/stablecoin/gldt-gold-dao"}, "research": [], "symbol": "GLDT", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x87c9053c819bb28e0d73d33059e1b3da80afb0cf": {"address": "0x87c9053c819bb28e0d73d33059e1b3da80afb0cf", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "mRe7YIELD is a Midas NAV-accreting liquid-yield token wrapping Re7 Capital DeFi lending, liquidity, restaking, and funding-rate strategies; not a fixed $1 peg. The static profile records its US Dollar peg mechanism as: mRe7YIELD is a NAV-accreting liquid yield token rather than a fixed $1 stablecoin; primary-market mint/redeem occurs through Midas rails while secondary-market holders rely on token liquidity and strategy NAV", "geckoId": "midas-mre7yield", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies mRe7YIELD backing as Crypto-Collateralized. Collateral, per the static profile: Liquid Yield Token managed by Midas and Re7 Capital, allocating across institutional-grade DeFi yield strategies including lending, liquidity provisioning, restaking, funding-rate arbitrage, and options arbitrage Reserve evidence: Self-Reported PoR from Midas transparency dashboard and issuer disclosures.", "name": "Midas mRe7YIELD", "pharos": {"id": "mre7yield-midas", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 41.95}, "url": "https://pharos.watch/stablecoin/mre7yield-midas"}, "research": [], "symbol": "mRe7YIELD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x88887be419578051ff9f4eb6c858a951921d8888": {"address": "0x88887be419578051ff9f4eb6c858a951921d8888", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "stcUSD is Cap's ERC-4626 staked wrapper of cUSD; share price accrues reserve and operator-lending yield, with cUSD-tier proportional-basket exit risk. The static profile records its US Dollar peg mechanism as: Users stake cUSD for stcUSD; the stcUSD exchange rate appreciates versus cUSD as yield accrues, and final USD exit inherits cUSD proportional basket redemption and Cap's slashing protections", "geckoId": "staked-cap-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies stcUSD backing as Real-World Asset Backed. Collateral, per the static profile: ERC-4626 staked cUSD shares backed by Cap's reserve basket and operator-lending framework; yield comes from reserve yield and overcollateralized operator borrowing Reserve evidence: live reserve feed configured.", "name": "Staked Cap USD", "pharos": {"id": "stcusd-cap", "grade": "C", "score": 59, "weakestPillar": {"pillar": "backing", "score": 67.575175}, "url": "https://pharos.watch/stablecoin/stcusd-cap"}, "research": [], "symbol": "stcUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "cap-stcusd", "name": "Cap — stcUSD", "score": 2.4, "tier": "Low Risk", "type": "Protocol", "chain": "Ethereum", "date": "March 20, 2026 (Updated: July 31, 2026)", "url": "https://curation.yearn.fi/report/cap-stcusd/"}}, "0x888883b5f5d21fb10dfeb70e8f9722b9fb0e5e51": {"address": "0x888883b5f5d21fb10dfeb70e8f9722b9fb0e5e51", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Solana", "Avalanche", "XRPL", "Polygon", "Plasma"], "chainCount": 6, "defillamaId": "247", "geckoId": "schuman-europ"}, "description": "EURØP is a secure, transparent, and MiCA-compliant euro-denominated stablecoin, redeemable 1:1 for the euro", "geckoId": "schuman-europ", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "EURØP is issued by a licensed stablecoin issuer and regulated by the French banking authority ACPR. Each EURØP is 100% backed by euros, with reserves held in government-supervised EU banks such as Société Générale", "name": "Schuman EUROP", "pharos": {"id": "europ-schuman", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/europ-schuman"}, "research": [], "symbol": "EUROP", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x8a1d45e102e886510e891d2ec656a708991e2d76": {"address": "0x8a1d45e102e886510e891d2ec656a708991e2d76", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Base", "World Chain", "Ethereum", "BSC", "Gnosis", "Polygon"], "chainCount": 6, "defillamaId": "382", "geckoId": "colombian-peso"}, "description": "Colombian Peso stablecoin.", "geckoId": "colombian-peso", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Issued by Ripio with a 1:1 peg to the Colombian peso. Each wCOP is backed by liquid instruments denominated in COP held in Colombian bank accounts, with reserves periodically attested by local public accountants. Users mint and redeem by on/off-ramping COP through Ripio's platform.", "name": "Colombian Peso", "pharos": {"id": "wcop-ripio", "grade": "F", "score": 35, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/wcop-ripio"}, "research": [], "symbol": "WCOP", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x8a567e2ae79ca692bd748ab832081c45de4041ea": {"address": "0x8a567e2ae79ca692bd748ab832081c45de4041ea", "bluechip": null, "chain": "celo", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Celo"], "chainCount": 1, "defillamaId": "362", "geckoId": "ccop"}, "description": "COPm is Mento's Colombian peso stablecoin on Celo, minted CDP-style against USDm collateral (Mento V3, a Liquity v2 fork). The static profile records its Colombian Peso peg mechanism as: Mento V3 oracle-priced FX stablecoin minted by depositing USDm as CDP collateral and borrowing COPm against it; user-set interest rates, Stability Pool liquidations, and Liquity-style redemptions support the COPm peg, with circuit...", "geckoId": "ccop", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies COPm backing as Crypto-Collateralized. Collateral, per the static profile: Mento V3 Liquity-v2-style CDPs collateralized by USDm; USDm in turn is backed by the diversified Mento Reserve mix (sUSDS, CELO, EURC, USDC, USDT, axlEUROC, stETH, and smaller positions exposed via the Mento reserve dashboard). Reserve evidence: Real-Time PoR from Mento Reserve dashboard.", "name": "Mento Colombian Peso", "pharos": {"id": "copm-mento", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/copm-mento"}, "research": [], "symbol": "COPm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x8a60e489004ca22d775c5f2c657598278d17d9c2": {"address": "0x8a60e489004ca22d775c5f2c657598278d17d9c2", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 148010777.65510124, "chains": ["Ethereum", "Movement", "BSC", "Kaia", "Berachain", "Nibiru", "Taiko", "Sonic", "Sei", "Bitlayer", "Mode", "Morph", "Base", "BOB", "Zircuit", "Avalanche", "ZKsync Era", "Mantle", "Corn"], "chainCount": 19, "defillamaId": "220", "geckoId": "usda-2"}, "description": "USDa is Avalon's BTC-backed CDP stablecoin with 1:1 USDT convertibility, leveraging institutional credit lines and proprietary HFT liquidation logic. The static profile records its US Dollar peg mechanism as: 1:1 USDT convertibility (redemptions require loan repayment or conversion to USDT); overcollateralized against FBTC priced by Redstone oracle; HFT liquidation algorithm sells collateral on centralized exchanges to restore target LTV...", "geckoId": "usda-2", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDA backing as Crypto-Collateralized. Collateral, per the static profile: FBTC (tokenized BTC, Cobo-custodied) deposited as overcollateralized CDP; USDT/USDC can be deposited 1:1 (exempt from liquidation); protocol assets held with Cobo, Fireblocks, and Coinbase Prime custody and backed by multi-billion-dollar... Reserve evidence: curated reserve profile.", "name": "Avalon USDa", "pharos": {"id": "usda-avalon", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usda-avalon"}, "research": [], "symbol": "USDA", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x8c106eedad96553e64287a5a6839c3cc78afa3d0": {"address": "0x8c106eedad96553e64287a5a6839c3cc78afa3d0", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "gtUSDCp is the Gauntlet-curated MetaMorpho V2 vault for USDC, an ERC-4626 wrapper compounding USDC lending yield across permissioned Morpho markets. The static profile records its US Dollar peg mechanism as: ERC-4626 MetaMorpho V2 vault shares appreciate against USDC as borrower interest accrues; withdrawals redeem vault shares for available USDC liquidity or wait for Morpho market liquidity to return", "geckoId": "gauntlet-usdc-prime", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies gtUSDCp backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into a Gauntlet-curated MetaMorpho V2 vault on Morpho Blue; the curator allocates across permissioned USDC lending markets backed by blue-chip crypto and real-world asset collateral Reserve evidence: live reserve feed configured.", "name": "Gauntlet USDC Prime", "pharos": {"id": "gtusdcp-gauntlet", "grade": "D", "score": 45, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/gtusdcp-gauntlet"}, "research": [], "symbol": "gtUSDCp", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x8c213ee79581ff4984583c6a801e5263418c4b86": {"address": "0x8c213ee79581ff4984583c6a801e5263418c4b86", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "JTRSY is Anemoy's tokenized short-duration U.S. Treasury fund sub-advised by Janus Henderson; whitelisted investors subscribe and redeem at fund NAV same-day. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share token; same-day subscription and redemption at fund NAV for whitelisted non-U.S. Professional Investors via the Centrifuge issuer rail; S&P assigns AAAf / S1+ to the fund", "geckoId": "janus-henderson-anemoy-treasury-fund", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies JTRSY backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury bills selected and managed by Janus Henderson as sub-advisor inside Anemoy's BVI Professional Fund, tokenised through Centrifuge as ERC-7540 vault shares Reserve evidence: Real-Time PoR from Chainlink JTRSY NAV.", "name": "Janus Henderson Anemoy Treasury Fund", "pharos": {"id": "jtrsy-anemoy", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 52.19}, "url": "https://pharos.watch/stablecoin/jtrsy-anemoy"}, "research": [], "symbol": "JTRSY", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x8d0d000ee44948fc98c9b98a4fa4921476f08b0d": {"address": "0x8d0d000ee44948fc98c9b98a4fa4921476f08b0d", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 4036659555.1949515, "chains": ["Ethereum", "BSC", "Solana", "Aptos", "Tron", "Monad", "Plume Mainnet", "Abcore"], "chainCount": 8, "defillamaId": "262", "geckoId": "usd1-wlfi"}, "description": "USD1 is World Liberty Financial's Trump-affiliated dollar stablecoin, issued 1:1 via BitGo Trust against short-term Treasuries, MMFs, and cash deposits. The static profile records its US Dollar peg mechanism as: Direct 1:1 mint and redemption through BitGo Trust Company (issuer); arbitrage incentivizes peg maintenance", "geckoId": "usd1-wlfi", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USD1 backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. government Treasury bills, U.S. dollar deposits, and other cash equivalents held by BitGo Trust Company Reserve evidence: Real-Time PoR from Crowe LLP / Chainlink.", "name": "World Liberty Financial USD", "pharos": {"id": "usd1-world-liberty-financial", "grade": "C", "score": 55, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/usd1-world-liberty-financial"}, "research": [], "symbol": "USD1", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x8d82c4e3c936c7b5724a382a9c5a4e6eb7ab6d5d": {"address": "0x8d82c4e3c936c7b5724a382a9c5a4e6eb7ab6d5d", "bluechip": null, "chain": "citrea", "decimals": 6, "defillama": {"totalCirculating": 6751953.370722, "chains": ["Citrea"], "chainCount": 1, "defillamaId": "350", "geckoId": "citrea-usd"}, "description": "ctUSD is the native, compliant stablecoin for the Citrea ecosystem, designed to serve as the foundational liquidity standard for Bitcoin applications. Issued by MoonPay, and fully backed 1:1 by U.S. Treasury bills and cash, it eliminates liquidity fragmentation while providing seamless banking rails between on-chain Bitcoin collateral and off-chain fiat systems.", "geckoId": "citrea-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "ctUSD issued through M0 technology, by MoonPay. Mint/Redeem facilitated on Citrea with M token.", "name": "Citrea USD", "pharos": {"id": "ctusd-citrea", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/ctusd-citrea"}, "research": [], "symbol": "ctUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x8df723295214ea6f21026eeeb4382d475f146f9f": {"address": "0x8df723295214ea6f21026eeeb4382d475f146f9f", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "XRPL", "Algorand"], "chainCount": 4, "defillamaId": "274", "geckoId": "quantoz-eurq"}, "description": "EURQ is Quantoz Payments' MiCA-licensed euro stablecoin from a Dutch EMI, redeemable 1:1 against segregated euro cash and short-dated government bonds. The static profile records its Euro peg mechanism as: Direct 1:1 redemption through Quantoz Payments", "geckoId": "quantoz-eurq", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies EURQ backing as Real-World Asset Backed. Collateral, per the static profile: Euro-denominated cash deposits and government bonds held in segregated reserves with reserve ratio disclosed on Quantoz's transparency page Reserve evidence: Self-Reported PoR.", "name": "Quantoz EURQ", "pharos": {"id": "eurq-quantoz", "grade": "D", "score": 45, "weakestPillar": {"pillar": "backing", "score": 39.5}, "url": "https://pharos.watch/stablecoin/eurq-quantoz"}, "research": [], "symbol": "EURQ", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x8e870d67f660d95d5be530380d0ec0bd388289e1": {"address": "0x8e870d67f660d95d5be530380d0ec0bd388289e1", "bluechip": {"coingecko_id": "paxos-standard", "date_of_rating": "2023-06-04", "grade": "A-", "name": "Paxos", "scores": {"collateralization": 100, "marketcap": "31933181.2600", "peg": 1, "price": 0.999348, "smart_contract_audit": true, "vol24h": "8850280.4145"}, "symbol": "USDP", "url": "https://bluechip.org/coins/usdp"}, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 31905578.225071274, "chains": ["Ethereum", "Solana", "BSC", "Linea"], "chainCount": 4, "defillamaId": "11", "geckoId": "paxos-standard"}, "description": "USDP is Paxos's regulated dollar stablecoin, redeemable 1:1 and backed by U.S. Treasury bills, overnight repos, and FDIC-insured cash. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Paxos", "geckoId": "paxos-standard", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDP backing as Real-World Asset Backed. Collateral, per the static profile: Cash in FDIC-insured bank accounts and U.S. Treasury bills (including overnight reverse repos and T-bill money market funds) held in segregated, bankruptcy-remote accounts Reserve evidence: Independent Audit from KPMG.", "name": "Pax Dollar", "pharos": {"id": "usdp-paxos", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "exit", "score": 51.06}, "url": "https://pharos.watch/stablecoin/usdp-paxos"}, "research": [], "symbol": "USDP", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x8f9920283470f52128bf11b0c14e798be704fd15": {"address": "0x8f9920283470f52128bf11b0c14e798be704fd15", "bluechip": null, "chain": "xdc", "decimals": 18, "defillama": null, "description": "CGO is ComTech's tokenized gold from the UAE, each token redeemable for 1 gram of 24K physical gold stored in DMCC-endorsed Transguard vaults. The static profile records its Gold peg mechanism as: Direct redemption for physical gold coins via the ComTech Gold app; minimum physical delivery is 10 grams (in 1-gram multiples); gold movements endorsed and approved by DMCC", "geckoId": "comtech-gold", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies CGO backing as Real-World Asset Backed. Collateral, per the static profile: Physical gold (999.9 fineness, 24-carat) stored in insured, segregated vaults with Transguard (Emirates Group) in the UAE; each bar registered on DMCC Tradeflow with unique ID and refiner certificates; 1 CGO = 1 gram of gold Reserve evidence: Independent Audit.", "name": "Comtech Gold", "pharos": {"id": "cgo-comtech", "grade": "F", "score": 35, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/cgo-comtech"}, "research": [], "symbol": "CGO", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x903d5990119bc799423e9c25c56518ba7dd19474": {"address": "0x903d5990119bc799423e9c25c56518ba7dd19474", "bluechip": null, "chain": "polygon", "defillama": null, "description": "UKTBL is Spiko's AMF-authorized GBP money-market fund share token, backed by short-dated UK Treasury bills and gated through Spiko's transfer agent. The static profile records its British Pound peg mechanism as: GBP-denominated NAV-accreting money-market fund share; primary subscriptions and redemptions are KYC-gated through Spiko at fund NAV.", "geckoId": "spiko-uk-t-bills-money-market-fund", "llamarisk": {"mhsLink": null}, "name": "Spiko Digital Assets Cash & Carry Fund", "pharos": {"id": "spkcc-spiko", "grade": "C", "score": 59, "weakestPillar": {"pillar": "exit", "score": 43.64}, "url": "https://pharos.watch/stablecoin/spkcc-spiko"}, "research": [], "symbol": "SPKCC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "decimals": 5, "mintRedeemDescription": "Pharos classifies SPKCC backing as Real-World Asset Backed. Collateral, per the static profile: USD share class of the Spiko Digital Assets Cash & Carry Fund. Monthly allocation rotates between BTC and ETH cash-and-carry (basis) trades and short-duration Treasury bills/cash. Marex is the fund's sole strategy counterparty, spot... Reserve evidence: Independent Audit from PwC."}, "0x917af46b3c3c6e1bb7286b9f59637fb7c65851fb": {"address": "0x917af46b3c3c6e1bb7286b9f59637fb7c65851fb", "bluechip": null, "chain": "bsc", "decimals": 18, "defillama": null, "description": "asUSDF is the staked, NAV-accreting wrapper of Aster's USDF, capturing yield from underlying delta-neutral and funding-fee strategies on Binance/MirrorX. The static profile records its US Dollar peg mechanism as: Users stake USDF to mint asUSDF. asUSDF APY is reflected in NAV from delta-neutral and funding-fee strategies; withdrawals return USDF after Aster's documented T+1 hour / two-hour waiting period with no mint or withdrawal fee.", "geckoId": "astherus-staked-usdf", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies asUSDF backing as Crypto-Collateralized. Collateral, per the static profile: USDF deposited into the Aster Earn asToken wrapper; upstream USDF is backed by USDT held through Ceffu and delta-neutral Binance / MirrorX strategies. Reserve evidence: curated reserve profile.", "name": "Aster Staked USDF", "pharos": {"id": "asusdf-astherus", "grade": "F", "score": 33, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/asusdf-astherus"}, "research": [], "symbol": "asUSDF", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x9477724bb54ad5417de8baff29e59df3fb4da74f": {"address": "0x9477724bb54ad5417de8baff29e59df3fb4da74f", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "ACRDX is a permissioned, NAV-accreting share token from Anemoy and Centrifuge giving on-chain access to Apollo's diversified private credit strategy. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share rather than a fixed $1 token; primary subscriptions and redemptions are permissioned at fund NAV.", "geckoId": "anemoy-tokenized-apollo-diversified-credit-fund", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies ACRDX backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized feeder exposure to Apollo Diversified Credit Fund through the Anemoy Tokenized Apollo Diversified Credit Fund Segregated Portfolio, investing across corporate direct lending, asset-backed lending, performing credit, and... Reserve evidence: Real-Time PoR from Chronicle Proof of Asset.", "name": "Anemoy Tokenized Apollo Diversified Credit Fund", "pharos": {"id": "acrdx-anemoy-apollo", "grade": "D", "score": 47, "weakestPillar": {"pillar": "exit", "score": 32.02}, "url": "https://pharos.watch/stablecoin/acrdx-anemoy-apollo"}, "research": [], "symbol": "ACRDX", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x94be0bba8e1e303fe998c9360b57b826f1a4f828": {"address": "0x94be0bba8e1e303fe998c9360b57b826f1a4f828", "bluechip": null, "chain": "bsc", "decimals": 18, "defillama": null, "description": "KGST is a Kyrgyz som-pegged stablecoin claiming 1:1 KGS bank reserves; no public attestation cadence has been verified. The static profile records its Kyrgyz Som peg mechanism as: Issuer-managed mint and redemption route designed to maintain 1 KGST = 1 KGS through fully backed som reserves", "geckoId": "kyrgyz-som-stablecoin", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies KGST backing as Real-World Asset Backed. Collateral, per the static profile: Kyrgyz som fiat reserves and cash equivalents held in licensed banks and custodial institutions to back KGST 1:1 against the Kyrgyz som Reserve evidence: live reserve feed configured.", "name": "Kyrgyz Som Stablecoin", "pharos": {"id": "kgst-kyrgyz-som", "grade": "D", "score": 46, "weakestPillar": {"pillar": "backing", "score": 39.5}, "url": "https://pharos.watch/stablecoin/kgst-kyrgyz-som"}, "research": [], "symbol": "KGST", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x96f6ef951840721adbf46ac996b59e0235cb985c": {"address": "0x96f6ef951840721adbf46ac996b59e0235cb985c", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 2140628490.5010877, "chains": ["Ethereum", "Stellar", "Sei", "Solana", "Mantle", "Sui", "Noble", "Osmosis", "Arbitrum", "Aptos", "MANTRA", "Injective", "Penumbra", "Plume Mainnet", "Glue"], "chainCount": 15, "defillamaId": "129", "geckoId": "ondo-us-dollar-yield"}, "description": "USDY is Ondo's yield-bearing dollar token, backed by short-term U.S. Treasuries and bank demand deposits; non-U.S. investor permissioned. The static profile records its US Dollar peg mechanism as: Bank wire redemption at NAV-based price with independent verification and collateral agent oversight", "geckoId": "ondo-us-dollar-yield", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDY backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. Treasuries, iShares Short Treasury Bond ETF shares, and bank demand deposits Reserve evidence: Independent Audit from Ankura Trust.", "name": "Ondo US Dollar Yield", "pharos": {"id": "usdy-ondo-finance", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "exit", "score": 44.08}, "url": "https://pharos.watch/stablecoin/usdy-ondo-finance"}, "research": [], "symbol": "USDY", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x977453366b8d205f5c9266b6ba271e850a814a50": {"address": "0x977453366b8d205f5c9266b6ba271e850a814a50", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Celo", "Monad", "Solana", "Polygon", "Ethereum"], "chainCount": 5, "defillamaId": "52", "geckoId": "celo-euro"}, "description": "Mento Euros (EURm) are stablecoins that follow the Euro and are native to the Celo blockchain's Reserve system. The Mento Reserve is a system of smart contracts that uses a portfolio of cryptocurrencies to expand and contract the supply cEUR, similar to MakerDAO's lending protocol.", "geckoId": "celo-euro", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Using the Mento app, 1 Euro worth of CELO can be sent to the CELO reserve to mint 1 cEUR, and 1 cEUR can be burned to receive 1 Euro worth of CELO.", "name": "Mento Euro", "pharos": {"id": "ceur-celo", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/ceur-celo"}, "research": [], "symbol": "EURm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x98a878b1cd98131b271883b390f68d2c90674665": {"address": "0x98a878b1cd98131b271883b390f68d2c90674665", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 307510984.072258, "chains": ["Ethereum", "Base", "BSC"], "chainCount": 3, "defillamaId": "354", "geckoId": "apxusd"}, "description": "apxUSD is Apyx's synthetic dollar backed by a diversified basket of low-volatility, variable-rate, preferred shares issued by industry leading Digital Asset Treasuries (DATs).", "geckoId": "apxusd", "kyp": {"protocol": "APYX", "protocolSlug": "apyx", "chain": "Ethereum", "grade": "B", "score": 72, "riskLevel": "Medium", "gate": "Pass", "dealBreakers": "0 Failed — Gate cleared", "auditDate": "04/01/2026", "auditor": null, "keyFindings": ["setVesting() accepts any IVesting with no output-bounds on vestedAmount() — admin can manipulate share price via 3/6 multisig with no timelock", "ADMIN role has 0 execution delay — upgrades and config changes execute immediately at $75M+ TVL", "apxUSD backing (off-chain MSTR preferred stock) has no on-chain proof-of-reserve mechanism"], "url": "https://www.kyp.one/protocols/apyx"}, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "apxUSD is minted when users deposit collateral through Apyx. It can be redeemed for underlying collateral at any time.", "name": "apxUSD", "pharos": {"id": "apxusd-apyx", "grade": "F", "score": 0, "weakestPillar": {"pillar": "backing", "score": 39.5}, "url": "https://pharos.watch/stablecoin/apxusd-apyx"}, "research": [{"author": "TID Research", "date": null, "source": "TID Research", "title": "apxUSD — Risk Assessment", "url": "https://tidresearch.com/reports/apxusd/"}], "symbol": "apxUSD", "telosc": {}, "tidResearchScore": {"axes": {"Backing": {"color_bucket": null, "score": 2.0}, "Issuer": {"color_bucket": "amber", "score": 5.0}, "Liquidity": {"color_bucket": "orange", "score": 3.0}, "Peg Mechanism": {"color_bucket": null, "score": 2.5}, "Underlying": {"color_bucket": "amber", "score": 5.0}}, "category": "stablecoin", "chains": ["Ethereum"], "color_bucket": "orange", "issuer": "Apyx (DFDV-affiliated)", "last_verified": "2026-07-13", "overall": 3.0, "peg_mechanism": "rwa-synthetic", "underlying": null, "url": "https://tidresearch.com/reports/apxusd/"}, "tidresearch": {}, "yearn": {"slug": "apyx-apxusd", "name": "Apyx", "score": 3.73, "tier": "Elevated Risk", "type": "Protocol", "chain": "Ethereum + Base + BNB Chain", "date": "April 19, 2026 (Updated: August 3, 2026)", "url": "https://curation.yearn.fi/report/apyx-apxusd/"}}, "0x998ffe1e43facffb941dc337dd0468d52ba5b48a": {"address": "0x998ffe1e43facffb941dc337dd0468d52ba5b48a", "bluechip": null, "chain": "ethereum", "decimals": 2, "defillama": null, "description": "IDRT is PT Rupiah Token Indonesia's centralized rupiah stablecoin, backed 1:1 by IDR bank deposits and KYC-gated for direct issuance and redemption. The static profile records its Indonesian Rupiah peg mechanism as: Direct 1:1 issuance and redemption through PT Rupiah Token Indonesia after KYC; the issuer publishes bank-reporting and smart-contract audit materials", "geckoId": "rupiah-token", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies IDRT backing as Real-World Asset Backed. Collateral, per the static profile: Indonesian rupiah bank deposits held 1:1 by PT Rupiah Token Indonesia; issuer materials describe full fiat backing with regular bank reporting Reserve evidence: Independent Audit from Rupiah Token reserve report (AUP/no assurance).", "name": "Rupiah Token", "pharos": {"id": "idrt-rupiah-token", "grade": "F", "score": 30, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/idrt-rupiah-token"}, "research": [], "symbol": "IDRT", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x99cd4ec3f88a45940936f469e4bb72a2a701eeb9": {"address": "0x99cd4ec3f88a45940936f469e4bb72a2a701eeb9", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "stUSDS is Sky's risk-capital staking module over USDS funding SKY-backed borrowing; holders earn the stUSDS Rate and absorb shortfall and governance slashing. The static profile records its US Dollar peg mechanism as: ERC-4626 NAV shares over USDS; users deposit USDS to mint stUSDS and withdraw USDS subject to unutilized module liquidity, while bad debt or governance slashing can reduce redeemable value", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies stUSDS backing as Crypto-Collateralized. Collateral, per the static profile: USDS supplied to Sky's stUSDS risk-capital module, where deposits fund SKY-backed borrowing and earn the stUSDS Rate; holders absorb staked-SKY loan shortfall and governance slashing risk Reserve evidence: live reserve feed configured.", "name": "Staked USDS", "pharos": {"id": "stusds-sky", "grade": "B+", "score": 75, "weakestPillar": {"pillar": "backing", "score": 77.769862}, "url": "https://pharos.watch/stablecoin/stusds-sky"}, "research": [], "symbol": "stUSDS", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "sky-stusds", "name": "Sky — stUSDS (Staked USDS)", "score": 2.6, "tier": "Medium Risk", "type": "Protocol", "chain": "Ethereum", "date": "July 23, 2026", "url": "https://curation.yearn.fi/report/sky-stusds/"}}, "0x9b3a8f7cec208e247d97dee13313690977e24459": {"address": "0x9b3a8f7cec208e247d97dee13313690977e24459", "bluechip": {"coingecko_id": "paxos-standard", "date_of_rating": "2023-06-04", "grade": "A-", "name": "Paxos", "scores": {"collateralization": 100, "marketcap": "31933181.2600", "peg": 1, "price": 0.999348, "smart_contract_audit": true, "vol24h": "8850280.4145"}, "symbol": "USDP", "url": "https://bluechip.org/coins/usdp"}, "chain": "ethereum", "decimals": 18, "defillama": {"chainCount": 4, "chains": ["Ethereum", "Solana", "BSC", "Linea"], "defillamaId": "11", "geckoId": "paxos-standard", "totalCirculating": null, "ambiguousSymbol": true}, "description": "USDp is Parallel's DAO-governed dollar minted against a whitelisted basket of overcollateralized stablecoins through a licensed Angle Transmuter fork. The static profile records its US Dollar peg mechanism as: Parallelizer Module (a licensed fork of Angle Protocol's Transmuter) lets users mint and burn USDp at oracle value against a whitelisted overcollateralized basket, with adaptive fees that widen on depeg. Yield is delivered through a...", "geckoId": "parallel-usdp", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDp backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized basket of correlated USD stablecoins and yield-bearing wrappers routed through the Parallelizer Module: frxUSD, sfrxUSD, USDe, sUSDe on Ethereum; USDS, sUSDS on Base; USDe, sUSDe on HyperEVM; USDC and ygamiUSDC on... Reserve evidence: curated reserve profile.", "name": "Parallel USDp", "pharos": {"id": "usdp-parallel", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdp-parallel"}, "research": [], "symbol": "USDp", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x9b5528528656dbc094765e2abb79f293c21191b9": {"address": "0x9b5528528656dbc094765e2abb79f293c21191b9", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "mHYPER is a Midas NAV-accreting liquid-yield token wrapping Hyperithm market-neutral stablecoin strategies; permissioned mint/redeem, not a fixed $1 peg. The static profile records its US Dollar peg mechanism as: NAV-accreting tokenized debt instrument (blockchain-based certificate under German law), not a fixed $1 peg; value tracks the daily NAV of the Hyperithm-managed market-neutral reference portfolio. Primary mint/redeem only via permissioned...", "geckoId": "midas-mhyper", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies mHYPER backing as Crypto-Collateralized. Collateral, per the static profile: Hyperithm-managed market-neutral stablecoin strategies across on-chain markets and institutional execution venues, held under Fordefi MPC custody (manager holds the trading key share, Midas holds an admin/policy share). Tokenholders hold... Reserve evidence: Self-Reported PoR from Midas Attestation Engine: on-chain NAV/proof-of-reserves/price, independently verified via Chainlink, Canary, LlamaRisk and vLayer (launched first on mHYPER).", "name": "Midas mHYPER", "pharos": {"id": "mhyper-midas", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 42.31}, "url": "https://pharos.watch/stablecoin/mhyper-midas"}, "research": [], "symbol": "mHYPER", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "midas-mhyper", "name": "Midas mHYPER", "score": 2.9, "tier": "Medium Risk", "type": "Protocol", "chain": "Ethereum (also deployed on Monad, Plasma, Katana)", "date": "February 7, 2026 (Updated: June 13, 2026)", "url": "https://curation.yearn.fi/report/midas-mhyper/"}}, "0x9b9e2de4cb4ca479943f36dffc72c7253bb1f66a": {"address": "0x9b9e2de4cb4ca479943f36dffc72c7253bb1f66a", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 16339423.776756061, "chains": ["Celo", "Monad", "Ethereum", "Solana", "Kaia"], "chainCount": 5, "defillamaId": "24", "geckoId": "celo-dollar"}, "description": "Mento Dollars (USDm) are stablecoins that follow the US Dollar and are backed by Mento's Reserve system. The Mento Reserve is diversified portfolio of crypto assets.", "geckoId": "celo-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "USDm is backed by fiat-backed stablecoins held in the Mento Reserve. Minting and redemption occur through oracle-priced Fixed-Price Market Maker (FPMM) pools.", "name": "Mento Dollar", "pharos": {"id": "cusd-celo", "grade": "D", "score": 47, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cusd-celo"}, "research": [], "symbol": "USDm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x9be9294722f8aad37b11a9792be2c782182cafa2": {"address": "0x9be9294722f8aad37b11a9792be2c782182cafa2", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "eEARN is Ember's yield-bearing USDC vault token on Ethereum, with Royco Dawn tranche markets wrapping its vault shares. The static profile records its US Dollar peg mechanism as: ERC-4626-style shares redeem against the vault's USDC asset at the current share price; the token is a NAV wrapper over USDC rather than a fiat-issuer stablecoin", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies eEARN backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into Ember Earn's Ethereum vault token; Royco Dawn wraps eEARN into senior and junior tranche vaults for structured yield exposure Reserve evidence: live reserve feed configured.", "name": "Ember Earn", "pharos": {"id": "eearn-ember", "grade": "F", "score": 20, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/eearn-ember"}, "research": [], "symbol": "eEARN", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x9cf12ccd6020b6888e4d4c4e4c7aca33c1eb91f8": {"address": "0x9cf12ccd6020b6888e4d4c4e4c7aca33c1eb91f8", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 300342.9410237596, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "295", "geckoId": "asymmetry-usdaf-2"}, "description": "USDaf is Asymmetry's immutable Liquity v2-style CDP stablecoin minted from BTC and savings-stablecoin collateral (ysyBOLD, scrvUSD, sUSDS, sfrxUSD). The static profile records its US Dollar peg mechanism as: Overcollateralized CDP with Liquity v2-style redemptions and user-set interest rates; the hard redemption floor is effectively $0.995 because Liquity v2 deployments include a 0.5% fee floor", "geckoId": "asymmetry-usdaf-2", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDaf backing as Crypto-Collateralized. Collateral, per the static profile: wBTC, tBTC, sUSDS, sfrxUSD, scrvUSD, and ysyBOLD in immutable overcollateralized CDP markets on Ethereum Reserve evidence: live reserve feed configured.", "name": "Asymmetry USDaf V2", "pharos": {"id": "usdaf-asymmetry", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 59.3}, "url": "https://pharos.watch/stablecoin/usdaf-asymmetry"}, "research": [], "symbol": "USDaf", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x9d1a7a3191102e9f900faa10540837ba84dcbae7": {"address": "0x9d1a7a3191102e9f900faa10540837ba84dcbae7", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "BSC"], "chainCount": 2, "defillamaId": "325", "geckoId": "eurite"}, "description": "EURI is one of the first MiCA-regulated euro stablecoins, issued by Banking Circle S.A. It is designed to complement Banking Circle's existing payment systems by enabling efficient euro-denominated transfers, smart contract use, treasury management, reduced volatility exposure, and out-of-hours settlement. MiCA compliance ensures adherence to high EU regulatory standards, thereby improving trust, transparency, and overall system stability.", "geckoId": "eurite", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "EURI is minted when users deposit euros with Banking Circle S.A. and is redeemed 1:1 for euros through a regulated MiCA-compliant process. Redemptions require sending EURI to a burn address; after verification and processing, the equivalent amount of EUR is transferred back to the user’s bank account. MiCA oversight ensures consumer protection, transparency, and proper reserve management throughout the minting and redemption lifecycle", "name": "Eurite", "pharos": {"id": "euri-banking-circle", "grade": "D", "score": 46, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/euri-banking-circle"}, "research": [], "symbol": "EURI", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x9d39a5de30e57443bff2a8307a4256c8797a3497": {"address": "0x9d39a5de30e57443bff2a8307a4256c8797a3497", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "sUSDe is the yield-bearing wrapper of USDe; its value versus USDe rises as basis-trade yield accrues, with USDe-tier delta-neutral risk. The static profile records its US Dollar peg mechanism as: Stake USDe to receive sUSDe; the exchange rate versus USDe rises as rewards are transferred into the staking contract, while unstaking burns sUSDe immediately and releases USDe after Ethena's documented 7-day cooldown", "geckoId": "ethena-staked-usde", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sUSDe backing as Crypto-Collateralized. Collateral, per the static profile: USDe deposited into Ethena's ERC-4626 staking contract; the wrapper remains fully backed by USDe while additional USDe rewards accrue inside the vault Reserve evidence: live reserve feed configured.", "name": "Ethena Staked USDe", "pharos": {"id": "susde-ethena", "grade": "B-", "score": 66, "weakestPillar": {"pillar": "exit", "score": 76.1}, "url": "https://pharos.watch/stablecoin/susde-ethena"}, "research": [], "symbol": "sUSDe", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x9f4330700a36b29952869fac9b33f45eedd8a3d8": {"address": "0x9f4330700a36b29952869fac9b33f45eedd8a3d8", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "yBOLD is Yearn's ERC-4626 vault deploying BOLD into Liquity V2 Stability Pools, accruing liquidation fees and protocol interest over Liquity's CDP dollar. The static profile records its US Dollar peg mechanism as: ERC-4626 Yearn vault shares represent BOLD deployed into Liquity V2 Stability Pools; yBOLD can be redeemed for underlying BOLD without a withdrawal fee or waiting period, inheriting BOLD peg and Liquity Stability Pool execution risk", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies yBOLD backing as Crypto-Collateralized. Collateral, per the static profile: BOLD deposited into Yearn's tokenized Liquity V2 Stability Pool strategy, allocated across Liquity V2 Stability Pools to earn liquidation fees and protocol interest Reserve evidence: live reserve feed configured.", "name": "Yearn BOLD", "pharos": {"id": "ybold-yearn", "grade": "B", "score": 74, "weakestPillar": {"pillar": "backing", "score": 81.679004}, "url": "https://pharos.watch/stablecoin/ybold-yearn"}, "research": [], "symbol": "yBOLD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0x9f6714c302ffe3c3bafaf2ccb44201ff64f6371c": {"address": "0x9f6714c302ffe3c3bafaf2ccb44201ff64f6371c", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"chainCount": 1, "chains": ["Fantom"], "defillamaId": "63", "geckoId": null, "totalCirculating": null, "ambiguousSymbol": true}, "description": "FinChain Dollar (FUSD) is an RWA-backed stablecoin designed to maintain a USD peg across EVM networks.", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "FUSD is minted and redeemed through FinChain protocol gateway contracts under protocol access controls and reserve constraints.", "name": "FinChain Dollar", "pharos": {"id": "fusd-finchain", "grade": "D", "score": 46, "weakestPillar": {"pillar": "backing", "score": 35}, "url": "https://pharos.watch/stablecoin/fusd-finchain"}, "research": [], "symbol": "FUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48": {"address": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48", "bluechip": {"coingecko_id": "usd-coin", "date_of_rating": "2023-06-04", "grade": "B+", "name": "Circle", "scores": {"collateralization": 100, "marketcap": "72184118449.1789", "peg": 1, "price": 0.999738, "smart_contract_audit": true, "vol24h": "12465905397.6948"}, "symbol": "USDC", "url": "https://bluechip.org/coins/usdc"}, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "geckoId": "usd-coin", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte.", "name": "USD Coin", "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "research": [], "symbol": "USDC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xa0d69e286b938e21cbf7e51d71f6a4c8918f482f": {"address": "0xa0d69e286b938e21cbf7e51d71f6a4c8918f482f", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 22800252.79842854, "chains": ["Base", "Ethereum", "Arbitrum"], "chainCount": 3, "defillamaId": "106", "geckoId": "electronic-usd"}, "description": "The eUSD RToken is a fully collateralized US-dollar stablecoin built on the Reserve Protocol", "geckoId": "electronic-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Minting requires a deposit of the defined collateral tokens in equal value amounts to the RToken smart contracts", "name": "Electronic USD", "pharos": {"id": "eusd-electronic-usd", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/eusd-electronic-usd"}, "research": [], "symbol": "EUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xa0e4c84693266a9d3bbef2f394b33712c76599ab": {"address": "0xa0e4c84693266a9d3bbef2f394b33712c76599ab", "bluechip": null, "chain": "polygon", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Linea", "Polygon"], "chainCount": 2, "defillamaId": "170", "geckoId": null}, "description": "EURO3 is an over-collateralized, decentralized, variable supply payment coin pegged to the Euro.", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "EURO3 is created by users minting EURO3 loans and it's removed from circulation (burnt) when users repay their loan or redeem EURO3 for the collateral assets.", "name": "EURO3", "pharos": {"id": "euro3-3a-dao", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/euro3-3a-dao"}, "research": [], "symbol": "EURO3", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xa3931d71877c0e7a3148cb7eb4463524fec27fbd": {"address": "0xa3931d71877c0e7a3148cb7eb4463524fec27fbd", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "sUSDS is the yield-bearing wrapper of Sky's USDS; the exchange rate compounds with the Sky Savings Rate, with USDS-tier CDP risk underneath. The static profile records its US Dollar peg mechanism as: Deposit USDS to mint sUSDS and withdraw USDS directly from the vault with no protocol fee; sUSDS and sDAI are both savings wrappers but are not exchangeable 1:1 because they have accrued different amounts of yield", "geckoId": "susds", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sUSDS backing as Crypto-Collateralized. Collateral, per the static profile: USDS deposited into Sky's ERC-4626 savings vault; the wrapper remains fully backed by USDS while the exchange rate compounds with the Sky Savings Rate Reserve evidence: live reserve feed configured.", "name": "Sky Savings USDS", "pharos": {"id": "susds-sky", "grade": "B+", "score": 75, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/susds-sky"}, "research": [], "symbol": "sUSDS", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "sky-usds", "name": "Sky — USDS & sUSDS", "score": 1.3, "tier": "Minimal Risk", "type": "Protocol", "chain": "Ethereum", "date": "June 18, 2026", "url": "https://curation.yearn.fi/report/sky-usds/"}}, "0xa39986f96b80d04e8d7aeaaf47175f47c23fd0f4": {"address": "0xa39986f96b80d04e8d7aeaaf47175f47c23fd0f4", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 373972629.9059499, "chains": ["Ethereum", "Base", "Monad", "Arbitrum", "Pharos", "Robinhood Chain", "X Layer"], "chainCount": 7, "defillamaId": "340", "geckoId": null}, "description": "rwaUSDi is Multipli's KYB-gated credit class backed by private credit, structured finance, project finance, asset-backed loans, and market-neutral funds. The static profile records its US Dollar peg mechanism as: NAV-based valuation of underlying RWA basket; KYB-gated 1:1 minting and redemption restricted to verified institutional counterparties", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies rwaUSDi backing as Real-World Asset Backed. Collateral, per the static profile: Isolated basket of institutional credit assets: private credit, structured finance, project finance, asset-backed loans, plus market-neutral fund strategies (Nomura, Fasanara, Edge Capital), with periodic NAV and scheduled non-instant... Reserve evidence: live reserve feed configured.", "name": "rwaUSDi", "pharos": {"id": "rwausdi-multipli", "grade": "D", "score": 46, "weakestPillar": {"pillar": "backing", "score": 38.5}, "url": "https://pharos.watch/stablecoin/rwausdi-multipli"}, "research": [], "symbol": "rwaUSDi", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xa3fa99a148fa48d14ed51d610c367c61876997f1": {"address": "0xa3fa99a148fa48d14ed51d610c367c61876997f1", "bluechip": null, "chain": "polygon", "decimals": 18, "defillama": null, "description": "MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains and has traded persistently below its $1 target. The static profile records its US Dollar peg mechanism as: Borrowers mint MAI against overcollateralized vault positions and repay or liquidate through QiDao market rules", "geckoId": "mimatic", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies MAI backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized crypto vault collateral across QiDao markets, including bridged and wrapped assets Reserve evidence: live reserve feed configured.", "name": "MAI", "pharos": {"id": "mai-qidao", "grade": "F", "score": 28, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/mai-qidao"}, "research": [], "symbol": "MAI", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xa3fe5c7596024e6811e14f029937d5bd8ae485b3": {"address": "0xa3fE5c7596024E6811E14F029937D5bd8Ae485b3", "bluechip": null, "chain": "ethereum", "defillama": {"totalCirculating": 539902.4956891537, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "211", "geckoId": "threshold-usd"}, "description": "Theo thUSD — yield-bearing two-token system (thUSD + sthUSD), 6 decimals, launched 2026-04-27. Arbitrum and Stable versions use OFT Adapter 0x9AA9Aa0530a6AF70EE7BC47cF1240100f514b065. Covered by TID Research (https://tidresearch.com/reports/thusd/).", "llamarisk": {"mhsLink": null}, "name": "Theo thUSD", "pharos": null, "research": [{"author": "TID Research", "date": null, "source": "TID Research", "title": "thUSD — Risk Assessment", "url": "https://tidresearch.com/reports/thusd/"}], "source": "extra_tokens", "symbol": "thUSD", "telosc": {}, "tidResearchScore": {"axes": {"Backing": {"color_bucket": "orange", "score": 3.5}, "Issuer": {"color_bucket": "amber", "score": 5.5}, "Liquidity": {"color_bucket": "orange", "score": 3.5}, "Peg Mechanism": {"color_bucket": "orange", "score": 4.0}, "Underlying": {"color_bucket": "orange", "score": 3.0}}, "category": "stablecoin", "chains": ["Ethereum", "Arbitrum", "Stable"], "color_bucket": "orange", "issuer": "Theo Network (Panama)", "last_verified": "2026-07-13", "overall": 4.0, "peg_mechanism": "delta-neutral synthetic", "underlying": null, "url": "https://tidresearch.com/reports/thusd/"}, "tidresearch": {}}, "0xa469b7ee9ee773642b3e93e842e5d9b5baa10067": {"address": "0xa469b7ee9ee773642b3e93e842e5d9b5baa10067", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 7854896.036341555, "chains": ["Base", "Ethereum", "Manta", "Blast"], "chainCount": 4, "defillamaId": "202", "geckoId": "anzen-usdz"}, "description": "USDz is Anzen's RWA dollar backed 1:1 by SPCT, a permissioned token representing a diversified portfolio of U.S. private-credit assets. The static profile records its US Dollar peg mechanism as: USDz is minted and redeemed 1:1 against SPCT through audited smart contracts; secondary-market arbitrage supports the dollar peg", "geckoId": "anzen-usdz", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDz backing as Real-World Asset Backed. Collateral, per the static profile: Diversified U.S. private-credit assets tokenized as permissioned Secured Private Credit Tokens (SPCT), with USDz backed 1:1 by SPCT Reserve evidence: Real-Time PoR from Anzen transparency dashboard.", "name": "Anzen USDz", "pharos": {"id": "usdz-anzen", "grade": "F", "score": 36, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/usdz-anzen"}, "research": [], "symbol": "USDz", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xa7569a44f348d3d70d8ad5889e50f78e33d80d35": {"address": "0xa7569a44f348d3d70d8ad5889e50f78e33d80d35", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "autoUSD is Auto Finance's yield-bearing USDC autopool token on Ethereum, rebalancing across DeFi destinations while Royco Dawn lists tranche markets. The static profile records its US Dollar peg mechanism as: Autopool receipt-token share price appreciates as earnings auto-compound; withdrawals redeem shares for USDC subject to autopool liquidity and destination unwinds", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies autoUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into Auto Finance's autoUSD autopool, with protocol-managed allocation across DeFi liquidity and yield destinations Reserve evidence: live reserve feed configured.", "name": "Auto Finance autoUSD", "pharos": {"id": "autousd-auto-finance", "grade": "D", "score": 45, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/autousd-auto-finance"}, "research": [], "symbol": "autoUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xa9299c296d7830a99414d1e5546f5171fa01e9c8": {"address": "0xa9299c296d7830a99414d1e5546f5171fa01e9c8", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "DGLD is Gold Token SA's tokenized physical gold from Swiss vaults, each token redeemable for 1 troy ounce of allocated LBMA PAMP-refined gold. The static profile records its Gold peg mechanism as: Direct 1:1 redemption for physical PAMP® gold through Gold Token SA; minimum 1 gram, no custody or transfer fees", "geckoId": "gold-token-sa-dgld-tokenized-gold", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies DGLD backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery PAMP® gold bars allocated in insured Swiss vaults operated by MKS PAMP SA (1 DGLD = 1 troy ounce) Reserve evidence: Real-Time PoR from MKS PAMP bar registry.", "name": "DGLD Tokenized Gold", "pharos": {"id": "dgld-gold-token-sa", "grade": "D", "score": 46, "weakestPillar": {"pillar": "exit", "score": 43.64}, "url": "https://pharos.watch/stablecoin/dgld-gold-token-sa"}, "research": [], "symbol": "DGLD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xab5eb14c09d416f0ac63661e57edb7aecdb9befa": {"address": "0xab5eb14c09d416f0ac63661e57edb7aecdb9befa", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 28804461.413445406, "chains": ["Ethereum", "Base", "OP Mainnet", "Plasma"], "chainCount": 4, "defillamaId": "326", "geckoId": "metronome-synth-usd"}, "description": "MSUSD is a synthetic USD token issued by the Metronome DAO, built on the Metronome protocol as a decentralized, on-chain USD peg.", "geckoId": "metronome-synth-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "MSUSD can be minted by depositing supported on-chain assets into Metronome's smart contracts and redeemed by burning METUSD to unlock the backing collateral", "name": "Metronome Synth USD", "pharos": {"id": "msusd-metronome", "grade": "F", "score": 24, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/msusd-metronome"}, "research": [], "symbol": "MSUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xaca92e438df0b2401ff60da7e4337b687a2435da": {"address": "0xaca92e438df0b2401ff60da7e4337b687a2435da", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 26201003.136928108, "chains": ["Ethereum", "Monad", "Linea"], "chainCount": 3, "defillamaId": "313", "geckoId": "metamask-usd"}, "description": "MetaMask USD is a Bridge-issued (Stripe) dollar stablecoin on M0 protocol, backed by short-dated U.S. T-bills and cash with on-chain Validator attestations. The static profile records its US Dollar peg mechanism as: 1:1 mint and redemption via Bridge using M0 protocol infrastructure; reserves continuously validated on-chain by independent validators; arbitrage corrects price drift; monthly public attestations", "geckoId": "metamask-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies MUSD backing as Real-World Asset Backed. Collateral, per the static profile: Cash and short-term U.S. Treasury securities held in bankruptcy-remote custody, issued by Bridge (a Stripe company) using the M0 protocol Reserve evidence: Real-Time PoR from M0 Protocol.", "name": "Metamask USD", "pharos": {"id": "musd-metamask", "grade": "C", "score": 58, "weakestPillar": {"pillar": "exit", "score": 47.69}, "url": "https://pharos.watch/stablecoin/musd-metamask"}, "research": [], "symbol": "MUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xace8e719899f6e91831b18ae746c9a965c2119f1": {"address": "0xace8e719899f6e91831b18ae746c9a965c2119f1", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 68185761.39288, "chains": ["BSC", "Ethereum"], "chainCount": 2, "defillamaId": "408", "geckoId": "ondo-u-s-dollar-token"}, "description": "USDon is Ondo Global Markets' USD settlement token, backed by cash held by Ondo at a brokerage. The static profile records its US Dollar peg mechanism as: USDon is used as the native settlement stablecoin for Ondo Global Markets; USDC can be swapped 1:1 into USDon for purchases, and tokenized-asset redemptions can settle to USDon or to USDC when swapper liquidity is available", "geckoId": "ondo-u-s-dollar-token", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDon backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar cash held by Ondo at a brokerage for USDon settlement Reserve evidence: live reserve feed configured.", "name": "Ondo U.S. Dollar Token", "pharos": {"id": "usdon-ondo", "grade": "D", "score": 40, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdon-ondo"}, "research": [], "symbol": "USDon", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xad55aebc9b8c03fc43cd9f62260391c13c23e7c0": {"address": "0xad55aebc9b8c03fc43cd9f62260391c13c23e7c0", "bluechip": null, "chain": "base", "defillama": {"totalCirculating": 25961395.021313716, "chains": ["Ethereum", "BSC", "Base", "Plasma"], "chainCount": 4, "defillamaId": "241", "geckoId": "openeden-open-dollar"}, "description": "cUSDO is OpenEden's non-rebasing wrapper of USDO that compounds T-Bill yield through price appreciation rather than balance changes. The static profile records its US Dollar peg mechanism as: Users can wrap USDO into cUSDO or unwrap cUSDO back into USDO at any time; unlike rebasing USDO, cUSDO compounds by increasing in redeemable USDO per token", "geckoId": "compounding-open-dollar", "llamarisk": {"mhsLink": null}, "name": "OpenDollar USDO", "pharos": {"id": "usdo-openeden", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 46.056414090000004}, "url": "https://pharos.watch/stablecoin/usdo-openeden"}, "research": [], "symbol": "USDO", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "decimals": 18, "mintRedeemDescription": "Pharos classifies USDO backing as Real-World Asset Backed. Collateral, per the static profile: USDO is backed by OpenEden reserve assets including tokenized U.S. Treasury bill exposure through TBILL, BlackRock BUIDL, VBILL, and a liquidity buffer of RLUSD and USDC. Reserve evidence: Real-Time PoR from OpenEden issuer reserve API and transparency dashboard."}, "0xaf44a1e76f56ee12adbb7ba8acd3cbd474888122": {"address": "0xaf44a1e76f56ee12adbb7ba8acd3cbd474888122", "bluechip": null, "chain": "bsc", "decimals": 6, "defillama": {"totalCirculating": 60665504.52577993, "chains": ["BSC", "Solana"], "chainCount": 2, "defillamaId": "252", "geckoId": "standx-dusd"}, "description": "DUSD is a native yield bearing stablecoin designed to provide users with a stablecoin that offers competitive returns", "geckoId": "standx-dusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users can mint DUSD by depositing USDT or USDC and redeem by swapping DUSD back to USDT or USDC through the platform.", "name": "StandX DUSD", "pharos": {"id": "dusd-standx", "grade": "F", "score": 39, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/dusd-standx"}, "research": [], "symbol": "DUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xaf6186b3521b60e27396b5d23b48abc34bf585c5": {"address": "0xaf6186b3521b60e27396b5d23b48abc34bf585c5", "bluechip": {"coingecko_id": "gemini-dollar", "date_of_rating": "2023-06-04", "grade": "A", "name": "Gemini", "scores": {"collateralization": 100, "marketcap": "38572331.1086", "peg": 1, "price": 0.998716, "smart_contract_audit": true, "vol24h": "354849.0911"}, "symbol": "GUSD", "url": "https://bluechip.org/coins/gusd"}, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 319409501.0552206, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "306", "geckoId": "gusd"}, "description": "GUSD is a flexible, principal-protected investment product that distributes rewards daily. Its returns are sourced from the Gate ecosystem's revenue, tokenized treasuries or other RWA, and stablecoin-backed yield assets—designed to provide relatively stable yields in both bullish and bearish market conditions. Additionally, GUSD is fully tradable and can be used as collateral.", "geckoId": "gusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "You can stake USDT/USDC to mint GUSD as a yield-bearing certificate. Upon redemption, GUSD will be converted to USDT/USDC at a 1:1 ratio", "name": "Gate USD", "pharos": {"id": "gusd-gate", "grade": "F", "score": 36, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/gusd-gate"}, "research": [], "symbol": "GUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xb1c2db5d6ca03fce73dbd304d320bf76c55ae1b1": {"address": "0xb1c2db5d6ca03fce73dbd304d320bf76c55ae1b1", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "USG is Tangent's debt token minted against productive DeFi collateral, including USDC-paired LP and Pendle PT positions. The static profile records its US Dollar peg mechanism as: USG has no collateral redemption path. Tangent targets the peg with Peg Keeper contracts, price-dependent reward deductions, and dynamic interest: HEC borrowers can be interest-free while USG stays above each market's threshold but lose...", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USG backing as Crypto-Collateralized. Collateral, per the static profile: Over-collateralized productive DeFi collateral, including Curve Finance LP tokens, Pendle PTs, and other yield-bearing or LP positions from protocols such as Curve, Convex, Stake DAO, and Spectra; current collateral exposure is materially... Reserve evidence: curated reserve profile.", "name": "Tangent USD", "pharos": {"id": "usg-tangent", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usg-tangent"}, "research": [], "symbol": "USG", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xb3b3c527ba57cd61648e2ec2f5e006a0b390a9f8": {"address": "0xb3b3c527ba57cd61648e2ec2f5e006a0b390a9f8", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "sAID is GAIB's staked AI Dollar vault: AID is deposited into an ERC-4626 vault tracking AI infrastructure financing NAV with a 30-day FIFO unstaking cycle. The static profile records its US Dollar peg mechanism as: sAID is not pegged to $1; it is minted by staking AID at the staking NAV (which ignores unrealized losses, keeping the mint price stable) and redeemed through a monthly withdrawal-cohort cycle: requests submitted within a calendar month...", "geckoId": "gaib-said", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sAID backing as Real-World Asset Backed. Collateral, per the static profile: AID staked into GAIB's ERC-4626 sAID vault; vault capital is deployed into AI infrastructure financings (GPUs, robotics, and related compute) plus a stable reserve buffer of T-bills and stablecoins for liquidity Reserve evidence: live reserve feed configured.", "name": "GAIB sAID", "pharos": {"id": "said-gaib", "grade": "F", "score": 26, "weakestPillar": {"pillar": "backing", "score": 38.75}, "url": "https://pharos.watch/stablecoin/said-gaib"}, "research": [], "symbol": "sAID", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xb45ad160634c528cc3d2926d9807104fa3157305": {"address": "0xb45ad160634c528cc3d2926d9807104fa3157305", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "sDOLA is Inverse Finance's ERC-4626 DOLA savings wrapper, compounding FiRM lending revenue into a rising DOLA exchange rate. The static profile records its US Dollar peg mechanism as: Deposit DOLA to mint sDOLA at the current vault exchange rate; the DOLA:sDOLA exchange rate rises as FiRM lending revenue is converted into DOLA, and holders can unwrap back to DOLA without a lock-up", "geckoId": "sdola", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sDOLA backing as Crypto-Collateralized. Collateral, per the static profile: DOLA deposited into Inverse Finance's ERC-4626 sDOLA wrapper around the DOLA Savings Account; DOLA remains in the smart contract while FiRM DBR revenue is auctioned into DOLA and distributed through the exchange rate Reserve evidence: live reserve feed configured.", "name": "Inverse Staked DOLA", "pharos": {"id": "sdola-inverse-finance", "grade": "C", "score": 58, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/sdola-inverse-finance"}, "research": [], "symbol": "sDOLA", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xb55a79f398e759e43c95b979163f30ec87ee131d": {"address": "0xb55a79f398e759e43c95b979163f30ec87ee131d", "bluechip": null, "chain": "celo", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Celo", "Monad"], "chainCount": 2, "defillamaId": "370", "geckoId": "celo-swiss-franc"}, "description": "CHFm is Mento's CDP-backed Swiss franc stablecoin on Celo, minted by borrowers against USDm collateral inside the Mento system. The static profile records its Swiss Franc peg mechanism as: CDP-backed Mento FX stablecoin: borrowers mint CHFm against USDm collateral, while repayment/redemption mechanics and oracle pricing route value back through the Mento system", "geckoId": "cchf", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies CHFm backing as Crypto-Collateralized. Collateral, per the static profile: Mento CDP debt backed by USDm collateral, with live collateral and debt rows exposed by the Mento reserve dashboard API Reserve evidence: Real-Time PoR from Mento Reserve dashboard.", "name": "Mento Swiss Franc", "pharos": {"id": "chfm-mento", "grade": "D", "score": 44, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/chfm-mento"}, "research": [], "symbol": "CHFm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xb58e61c3098d85632df34eecfb899a1ed80921cb": {"address": "0xb58e61c3098d85632df34eecfb899a1ed80921cb", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Gnosis", "Polygon", "OP Mainnet", "Arbitrum", "Avalanche", "Sonic"], "chainCount": 8, "defillamaId": "226", "geckoId": "frankencoin"}, "description": "Frankencoin ZCHF is a collateralized, oracle-free stablecoin that tracks the value of the Swiss franc", "geckoId": "frankencoin", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "To mint ZCHF, propose a new position with a 1,000 ZCHF fee or clone an existing position, with reserves and interest deducted upfront, secured by a challenge-and-auction system to maintain collateral integrity", "name": "Frankencoin", "pharos": {"id": "zchf-frankencoin", "grade": "B+", "score": 79, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/zchf-frankencoin"}, "research": [], "symbol": "ZCHF", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xb5999795be0ebb5bab23144aa5fd6a02d080299f": {"address": "0xb5999795be0ebb5bab23144aa5fd6a02d080299f", "bluechip": null, "chain": "rootstock", "decimals": 18, "defillama": {"totalCirculating": 1928183.4840478029, "chains": ["Rootstock"], "chainCount": 1, "defillamaId": "162", "geckoId": "xusd-babelfish"}, "description": "XUSD is a USD-pegged stablecoin aggregator of the Babelfish protocol", "geckoId": "xusd-babelfish", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Its purpose is to act as a trustless stablecoin translation device - meaning it facilitates the conversion of multiple USD-pegged stablecoins with each other at a fixed 1:1 ratio.", "name": "XUSD", "pharos": {"id": "xusd-babelfish", "grade": "C", "score": 58, "weakestPillar": {"pillar": "exit", "score": 52}, "url": "https://pharos.watch/stablecoin/xusd-babelfish"}, "research": [], "symbol": "XUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xb755506531786c8ac63b756bab1ac387bacb0c04": {"address": "0xb755506531786c8ac63b756bab1ac387bacb0c04", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "ZARP is a centralized South African Rand stablecoin, redeemable 1:1 against ZAR cash reserves held in treasury at Old Mutual Wealth. The static profile records its South African Rand peg mechanism as: Mint/burn 1:1 with ZAR through ZARP Stablecoin (Pty) Ltd issuing partners; reserves may not be used for any purpose other than redemption", "geckoId": "zarp-stablecoin", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies ZARP backing as Real-World Asset Backed. Collateral, per the static profile: South African rand cash reserves held 1:1 in a treasury managed by Old Mutual Wealth, independently audited by Kempen Audit Reserve evidence: Independent Audit from Kempen Audit.", "name": "ZARP Stablecoin", "pharos": {"id": "zarp-zarp", "grade": "F", "score": 37, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/zarp-zarp"}, "research": [], "symbol": "ZARP", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xb8919522331c59f5c16bdfaa6a121a6e03a91f62": {"address": "0xb8919522331c59f5c16bdfaa6a121a6e03a91f62", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 6063930.395020068, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "60", "geckoId": null}, "description": "A stablecoin backed by U.S. Homes.", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Using the Bacon app, users swap USDC to mint HOME 1:1. HOME can be redeemed for USDC 1:1 at any time.", "name": "HomeCoin", "pharos": {"id": "home-homecoin", "grade": "F", "score": 36, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/home-homecoin"}, "research": [], "symbol": "HOME", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xba3f535bbcccca2a154b573ca6c5a49baae0a3ea": {"address": "0xba3f535bbcccca2a154b573ca6c5a49baae0a3ea", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Arbitrum", "Base", "OP Mainnet"], "chainCount": 5, "defillamaId": "423", "geckoId": "decentralized-euro"}, "description": "DEURO is a decentralized euro stablecoin minted from overcollateralized BTC, ETH, and crypto vaults using a Frankencoin-style oracle-free auction mechanism. The static profile records its Euro peg mechanism as: Overcollateralized CDP with automated liquidation; no oracle dependency (same architecture as Frankencoin ZCHF)", "geckoId": "decentralized-euro", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies DEURO backing as Crypto-Collateralized. Collateral, per the static profile: WFPS (Wrapped Frankencoin Pool Shares, about 63%), WBTC/cbBTC/kBTC (about 37%), plus DEPS, ZCHF, WETH/LsETH and tokenized equities, in oracle-free overcollateralized positions; WFPS/ZCHF/DEPS create cross-protocol Frankencoin-ecosystem... Reserve evidence: live reserve feed configured.", "name": "Decentralized Euro", "pharos": {"id": "deuro-deuro", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 52}, "url": "https://pharos.watch/stablecoin/deuro-deuro"}, "research": [], "symbol": "dEURO", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xba515304d8153c4b162dc79f867e152df9c127eb": {"address": "0xba515304d8153c4b162dc79f867e152df9c127eb", "bluechip": null, "chain": "avalanche", "decimals": 18, "defillama": {"totalCirculating": 20989270.4274, "chains": ["Avalanche"], "chainCount": 1, "defillamaId": "305", "geckoId": "unity-2"}, "description": "A delta-neutral asset and serves as the synthetic dollar at the center of XSY's ecosystem of decentralized financial products.", "geckoId": "unity-2", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "XSY enables users to deposit USDC or USDT to mint UTY. Stability is secured through delta-neutral hedging strategies.", "name": "XSY UTY", "pharos": {"id": "uty-xsy", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/uty-xsy"}, "research": [], "symbol": "UTY", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xbc6da0fe9ad5f3b0d58160288917aa56653660e9": {"address": "0xbc6da0fe9ad5f3b0d58160288917aa56653660e9", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 9744817.674074478, "chains": ["Ethereum", "OP Mainnet", "Arbitrum", "Fantom"], "chainCount": 4, "defillamaId": "20", "geckoId": "alchemix-usd"}, "description": "alUSD is a yield-backed synthetic stablecoin powered by the Alchemix protocol.", "geckoId": "alchemix-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "alUSD is minted by depositing an accepted collateral asset into an Alchemix Vault. The collateral is used to generate yield that pays down the alUSD debt. Any alUSD used to repay the loan to retrieve the collateral is burned.", "name": "Alchemix USD", "pharos": {"id": "alusd-alchemix", "grade": "F", "score": 32, "weakestPillar": {"pillar": "exit", "score": 42.72}, "url": "https://pharos.watch/stablecoin/alusd-alchemix"}, "research": [], "symbol": "ALUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xbd4dfc058eb95b8de5ceaf39966a1a70f5556f78": {"address": "0xbd4dfc058eb95b8de5ceaf39966a1a70f5556f78", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "CHFAU is AllUnity's MiCA-licensed Swiss franc stablecoin, redeemable 1:1 against CHF held in segregated accounts at EU credit institutions. The static profile records its Swiss Franc peg mechanism as: Direct 1:1 redemption through AllUnity; holders have statutory right of redemption at par value under MiCA Article 49; mint and redeem via AllUnity platform with straight-through processing", "geckoId": "allunity-chf", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies CHFAU backing as Real-World Asset Backed. Collateral, per the static profile: CHF-denominated reserve assets held 1:1 in separate accounts at regulated EU credit institutions, as CHF cash or eligible low-risk CHF HQLAs under MiCAR and German payment-services law Reserve evidence: Self-Reported PoR.", "name": "AllUnity CHF", "pharos": {"id": "chfau-allunity", "grade": "D", "score": 47, "weakestPillar": {"pillar": "backing", "score": 44.36}, "url": "https://pharos.watch/stablecoin/chfau-allunity"}, "research": [], "symbol": "CHFAU", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xbe023308ac2ef7e1c3799f4e6a3003ee6d342635": {"address": "0xbe023308ac2ef7e1c3799f4e6a3003ee6d342635", "bluechip": null, "chain": "arbitrum", "decimals": 5, "defillama": null, "description": "GBPSAFO is the GBP share of Spiko's UCITS Amundi Smart Cash fund, a regulated overnight-swap money-market vehicle authorized by the AMF. The static profile records its British Pound peg mechanism as: GBP-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "geckoId": "spiko-amundi-overnight-swap-fund-gbp", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies GBPSAFO backing as Real-World Asset Backed. Collateral, per the static profile: GBP share class of Spiko's Amundi-managed Smart Cash UCITS fund. Returns come from a fully collateralized total-return swap under which counterparty BNP Paribas pays SONIA + 0.27% daily; the swap is backed by a basket of listed equities... Reserve evidence: Independent Audit from PwC.", "name": "Spiko Amundi Overnight Swap Fund (GBP)", "pharos": {"id": "gbpsafo-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44}, "url": "https://pharos.watch/stablecoin/gbpsafo-spiko"}, "research": [], "symbol": "GBPSAFO", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xbe1922750760c4cae69edb6fe79a22ae9b62a23d": {"address": "0xbe1922750760c4cae69edb6fe79a22ae9b62a23d", "bluechip": {"coingecko_id": "nusd", "date_of_rating": "2024-02-01", "grade": "F", "name": "Synthetix", "scores": {"collateralization": 0, "marketcap": "374073.2719", "peg": 1, "price": 0.00857976, "smart_contract_audit": true, "vol24h": "13103.5098"}, "symbol": "sUSD", "url": "https://bluechip.org/coins/susd"}, "chain": "bsc", "decimals": 18, "defillama": {"chainCount": 5, "chains": ["Ethereum", "OP Mainnet", "Arbitrum", "Fantom", "Ontology"], "defillamaId": "22", "geckoId": "nusd", "totalCirculating": null, "ambiguousSymbol": true}, "description": "HedgeCore sUSD is a soul-bound BSC yield wrapper minted from USDC and routed through Venus lending; early redemption is operator-controlled, not a backstop. The static profile records its US Dollar peg mechanism as: Users deposit USDC to mint soul-bound sUSD 1:1; Venus lending interest accrues in vUSDC and is distributed to holders by operator-triggered rewardMint() calls (93% to sUSD holders, 7% protocol fee); liquidity is provided only through a...", "geckoId": "staked-usd-coin", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC supplied to the Venus Protocol USDC lending market on BNB Chain via HedgeCore's StrategyRouter and Venus USD vault; the on-chain vUSDC lending position is the only backing (no fiat reserve or attestation) Reserve evidence: live reserve feed configured.", "name": "Staked USD Coin", "pharos": {"id": "susd-hedgecore", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/susd-hedgecore"}, "research": [], "symbol": "sUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xbe370ad45d44eb45174c4ec60b88839fef32c077": {"address": "0xbe370ad45d44eb45174c4ec60b88839fef32c077", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Tron", "Polygon"], "chainCount": 3, "defillamaId": "299", "geckoId": "pht-stablecoin"}, "description": "PHT is APACX's Philippine peso CDP stablecoin using approved stablecoin collateral such as USDC/USDT, with apcxUSDT live in beta transparency. The static profile records its Philippine Peso peg mechanism as: Overcollateralized CDP vaults (MakerDAO MCD fork): users deposit approved collateral to mint PHT; undercollateralized vaults liquidate through independent Dutch auctions; live stablecoin paths divide Chainlink stablecoin/USD numerators by...", "geckoId": "pht-stablecoin", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies PHT backing as Crypto-Collateralized. Collateral, per the static profile: MakerDAO-style CDP vaults using approved stablecoin collateral, with USDC/USDT described for the initial stage; APACX transparency currently lists apcxUSDT and planned apcxUSDC beta reserve wallets. Reserve evidence: live reserve feed configured.", "name": "PHT Stablecoin", "pharos": {"id": "pht-pht", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/pht-pht"}, "research": [], "symbol": "PHT", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xbe53a109b494e5c9f97b9cd39fe969be68bf6204": {"address": "0xbe53a109b494e5c9f97b9cd39fe969be68bf6204", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "yvUSDC is a Yearn v3 ERC-4626 vault routing USDC through whitelisted strategies, currently concentrated in the Sky ecosystem (sUSDS and Spark Lend). The static profile records its US Dollar peg mechanism as: ERC-4626 Yearn v3 vault shares accrue value against USDC as the underlying strategies generate yield; redemptions return USDC subject to the v3 queue and strategy liquidity", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies yvUSDC-1 backing as Crypto-Collateralized. Collateral, per the static profile: USDC allocated by the Yearn v3 strategy allocator across Yearn-whitelisted yield strategies selected by Yearn governance; as of the latest review the funded allocation is concentrated in the Sky ecosystem (sUSDS savings and Spark Lend)... Reserve evidence: live reserve feed configured.", "name": "Yearn v3 USDC Vault", "pharos": {"id": "yvusdc-yearn", "grade": "B", "score": 72, "weakestPillar": {"pillar": "backing", "score": 89.958046125}, "url": "https://pharos.watch/stablecoin/yvusdc-yearn"}, "research": [], "symbol": "yvUSDC-1", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "yearn-yvusdc", "name": "Yearn — yvUSDC-1", "score": 1.5, "tier": "Minimal Risk", "type": "Protocol", "chain": "Ethereum", "date": "May 11, 2026 (Updated: July 13, 2026)", "url": "https://curation.yearn.fi/report/yearn-yvusdc/"}}, "0xbed7d999f1d71ac70c263f64c7c7e009d691be2e": {"address": "0xbed7d999f1d71ac70c263f64c7c7e009d691be2e", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "MYRC is Blox's ringgit stablecoin backed 1:1 by MYR-denominated reserves at Malaysian financial institutions and gated to verified Malaysian residents. The static profile records its Malaysian Ringgit peg mechanism as: 1:1 mint and redemption against Malaysian Ringgit via Malaysian banking rails (FPX). Eligibility requires Malaysian eKYC (MyKad) and a linked Malaysian bank account; mint authority on each chain is restricted to a Blox-controlled key.", "geckoId": "blox-myrc", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies MYRC backing as Real-World Asset Backed. Collateral, per the static profile: Malaysian ringgit-denominated reserve assets held at Malaysian financial institutions; current asset classes, institutions, and weights are not publicly disclosed Reserve evidence: Independent Audit from Tommy Ung & Partners PLT.", "name": "MYRC", "pharos": {"id": "myrc-blox", "grade": "C", "score": 58, "weakestPillar": {"pillar": "backing", "score": 50.3}, "url": "https://pharos.watch/stablecoin/myrc-blox"}, "research": [], "symbol": "MYRC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xbeef003c68896c7d2c3c60d363e8d71a49ab2bf9": {"address": "0xbeef003c68896c7d2c3c60d363e8d71a49ab2bf9", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "steakUSDT is Steakhouse's curated Morpho ERC-4626 lending vault over USDT; share price accrues borrower interest with FIFO withdrawal queue on Morpho liquidity. The static profile records its US Dollar peg mechanism as: ERC-4626-style Morpho vault shares appreciate against USDT as borrower interest accrues; withdrawals redeem vault shares for available USDT liquidity or wait for Morpho market liquidity to return", "geckoId": "steakhouse-usdt", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies steakUSDT backing as Crypto-Collateralized. Collateral, per the static profile: USDT deposited into a Steakhouse-curated Morpho vault that allocates across Morpho lending markets backed by blue-chip crypto and real-world asset collateral Reserve evidence: live reserve feed configured.", "name": "Steakhouse USDT V2", "pharos": {"id": "steakusdt-steakhouse", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "backing", "score": 74.748258875}, "url": "https://pharos.watch/stablecoin/steakusdt-steakhouse"}, "research": [], "symbol": "steakUSDT", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xbeef088055857739c12cd3765f20b7679def0f51": {"address": "0xbeef088055857739c12cd3765f20b7679def0f51", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "steakUSDC is Steakhouse's curated Morpho ERC-4626 lending vault over USDC; share price accrues borrower interest with FIFO withdrawal queue on Morpho liquidity. The static profile records its US Dollar peg mechanism as: ERC-4626-style Morpho vault shares appreciate against USDC as borrower interest accrues; withdrawals redeem vault shares for available USDC liquidity or wait for Morpho market liquidity to return", "geckoId": "steakhouse-usdc", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies steakUSDC backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into a Steakhouse-curated Morpho vault that allocates across Morpho lending markets backed by blue-chip crypto and real-world asset collateral Reserve evidence: live reserve feed configured.", "name": "Steakhouse USDC V2", "pharos": {"id": "steakusdc-steakhouse", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "backing", "score": 89.958046125}, "url": "https://pharos.watch/stablecoin/steakusdc-steakhouse"}, "research": [], "symbol": "steakUSDC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xbeefff209270748ddd194831b3fa287a5386f5bc": {"address": "0xbeefff209270748ddd194831b3fa287a5386f5bc", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "bbqUSDC is Steakhouse's high-yield MetaMorpho USDC vault; share price accrues borrower interest across wider-risk Morpho markets. The static profile records its US Dollar peg mechanism as: ERC-4626 MetaMorpho vault shares appreciate against USDC as borrower interest accrues; withdrawals redeem shares for available USDC liquidity or wait for Morpho market liquidity to return", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies bbqUSDC backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into Steakhouse's Smokehouse MetaMorpho vault, allocated across Morpho Blue lending markets that intentionally include wider and more exotic borrower collateral than Steakhouse's Prime line Reserve evidence: live reserve feed configured.", "name": "Smokehouse USDC", "pharos": {"id": "bbqusdc-steakhouse", "grade": "D", "score": 45, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/bbqusdc-steakhouse"}, "research": [], "symbol": "bbqUSDC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xbf4e3fbe8b60062a00c7a6b1d97d0d49c2971a19": {"address": "0xbF4e3fbE8B60062A00C7a6B1D97d0d49c2971A19", "bluechip": null, "chain": "ethereum", "defillama": null, "description": "Coinshift USPC — RWA-backed stablecoin. Covered by TelosConsilium DD (no Pharos rating).", "llamarisk": {"mhsLink": null}, "name": "Coinshift USPC", "pharos": null, "research": [{"author": "TelosConsilium", "date": null, "source": "TelosConsilium", "title": "Coinshift USPC & iUSPC - Comprehensive Due Diligence", "url": "https://telosc.com/research/coinshift-dd"}], "source": "extra_tokens", "symbol": "USPC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xc00db6b41473d065027f5ed6fada20fde75f142e": {"address": "0xc00db6b41473d065027f5ed6fada20fde75f142e", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Base", "Ethereum", "Fraxtal", "Polygon", "Morph", "Solana", "Codex"], "chainCount": 7, "defillamaId": "428", "geckoId": "krwt"}, "description": "KRWQ is a Korean won stablecoin issued against USDC, frxUSD, and Korean Treasury Bonds; KYC-gated and not offered to South Korean residents. The static profile records its Korean Won peg mechanism as: Centralized issuance against a 100% reserve. Mint and redemption are gated to KYC-verified institutional counterparties (exchanges, market makers, OTC desks). Ethereum is the canonical mint chain; Base and other destinations share unified...", "geckoId": "krwt", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies KRWQ backing as Real-World Asset Backed. Collateral, per the static profile: Mixed reserves transitioning from USDC-only toward a target mix dominated by short-term Korean Treasury Bonds. Current composition includes USDC (Circle), Frax frxUSD, and tokenized Korean Treasury Bonds issued via Etherfuse's Stablebond... Reserve evidence: Real-Time PoR from Chainlink Proof of Reserve.", "name": "KRWQ", "pharos": {"id": "krwq-iq", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 38.85}, "url": "https://pharos.watch/stablecoin/krwq-iq"}, "research": [], "symbol": "KRWQ", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xc011a7e12a19f7b1f670d46f03b03f3342e82dfb": {"address": "0xc011a7e12a19f7b1f670d46f03b03f3342e82dfb", "bluechip": null, "chain": "polygon", "decimals": 6, "defillama": {"totalCirculating": 456703197.6694845, "chains": ["Polygon"], "chainCount": 1, "defillamaId": "406", "geckoId": "polymarket-usd"}, "description": "PUSD is Polymarket's USDC-backed prediction-market account stablecoin on Polygon; minted when users deposit USDC and redeemable through the Polymarket app. The static profile records its US Dollar peg mechanism as: Minted when users deposit supported USDC into Polymarket rails and redeemable back to USDC through the Polymarket application flow", "geckoId": "polymarket-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies PUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC and bridged USDC.e backing on Polygon used for Polymarket prediction-market account balances Reserve evidence: live reserve feed configured.", "name": "Polymarket USD", "pharos": {"id": "pusd-polymarket", "grade": "B+", "score": 76, "weakestPillar": {"pillar": "backing", "score": 65.143125}, "url": "https://pharos.watch/stablecoin/pusd-polymarket"}, "research": [], "symbol": "pUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xc08e7e23c235073c6807c2efe7021304cb7c2815": {"address": "0xc08e7e23c235073c6807c2efe7021304cb7c2815", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 45129682.59144574, "chains": ["BSC", "Ethereum"], "chainCount": 2, "defillamaId": "290", "geckoId": "straitsx-xusd"}, "description": "XUSD is the StraitsX digital US Dollar, designed to revolutionise global payments with stability, transparency, and seamless integration for consumers and businesses", "geckoId": "straitsx-xusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Verified StraitsX users can access the StraitsX platform to set up their StraitsX Mint function and directly mint XUSD into their preferred blockchain address by sending US dollars to the bank account number available in the Mint tab. It can always be redeemed at a 1:1 ratio with USD on the StraitsX platform.", "name": "StraitsX XUSD", "pharos": {"id": "xusd-straitsx", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "exit", "score": 47.69}, "url": "https://pharos.watch/stablecoin/xusd-straitsx"}, "research": [], "symbol": "XUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xc0c17dd08263c16f6b64e772fb9b723bf1344ddf": {"address": "0xc0c17dd08263c16f6b64e772fb9b723bf1344ddf", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 61142476.49530988, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "332", "geckoId": "precious-metals-usd"}, "description": "pmUSD is RAAC's f(x)-fork dollar fToken minted against TokenBlender/ION.au gold collateral; xPM absorbs volatility and sUSDS-based PSM defends the peg. The static profile records its US Dollar peg mechanism as: RWf(x), an f(x) protocol fork, mints pmUSD as the fToken against TB / ION.au-linked collateral; xPM absorbs collateral-price volatility while pmUSD is configured for stable fNAV; minting and system operations are manager-only through...", "geckoId": "precious-metals-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies pmUSD backing as Real-World Asset Backed. Collateral, per the static profile: TokenBlender (TB) base token held on-chain in RAAC's RWf(x) Treasury; TB is minted against I-ON Digital's ION.au token held in the TokenBlender contract, and ION.au represents a gold-backed digital security and in-situ gold claim Reserve evidence: Real-Time PoR from Chainlink Proof of Reserve / Instruxi.", "name": "pmUSD", "pharos": {"id": "pmusd-precious-metals", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/pmusd-precious-metals"}, "research": [], "symbol": "pmUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xc139190f447e929f090edeb554d95abb8b18ac1c": {"address": "0xc139190f447e929f090edeb554d95abb8b18ac1c", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 401728448.5041771, "chains": ["Ethereum", "Solana"], "chainCount": 2, "defillamaId": "221", "geckoId": "usdtb"}, "description": "USDtb is Ethena's T-Bill-backed stablecoin, holding BlackRock's BUIDL fund as primary reserves; designed as a calmer alternative to USDe. The static profile records its US Dollar peg mechanism as: Direct 1:1 mint and redemption; BUIDL shares redeemable 24/7 via atomic swap with Securitize; LayerZero OFT cross-chain transfers", "geckoId": "usdtb", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDTB backing as Real-World Asset Backed. Collateral, per the static profile: ~99% BlackRock USD Institutional Digital Liquidity Fund (BUIDL), investing in cash, U.S. Treasury Bills/Notes, and repurchase agreements; remainder in cash at FDIC-insured major commercial banks; issued by Anchorage Digital Bank N.A... Reserve evidence: Independent Audit from Big Four accounting firm via Anchorage Digital Bank.", "name": "Ethena USDtb", "pharos": {"id": "usdtb-ethena", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 67.39}, "url": "https://pharos.watch/stablecoin/usdtb-ethena"}, "research": [], "symbol": "USDTB", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xc1411567d2670e24d9c4daaa7cda95686e1250aa": {"address": "0xc1411567d2670e24d9c4daaa7cda95686e1250aa", "bluechip": null, "chain": "rootstock", "decimals": 18, "defillama": {"totalCirculating": 1734596.6045855733, "chains": ["Rootstock"], "chainCount": 1, "defillamaId": "160", "geckoId": "sovryn-dollar"}, "description": "The Sovryn Dollar (DLLR) is an aggregation of purely BTC-backed “constituent” stablecoins into a single stablecoin", "geckoId": "sovryn-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "The Sovryn Dollar (DLLR) is minted through Mynt, a smart contract system, by aggregating various BTC-backed stablecoins into a single, more resilient stablecoin", "name": "Sovryn Dollar", "pharos": {"id": "dllr-sovryn", "grade": "C-", "score": 51, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/dllr-sovryn"}, "research": [], "symbol": "DLLR", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xc26a6fa2c37b38e549a4a1807543801db684f99c": {"address": "0xc26a6fa2c37b38e549a4a1807543801db684f99c", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "AA_FalconXUSDC is a Pareto FalconX Credit Vault token: USDC exposure to FalconX institutional credit lines curated by M11 Credit. The static profile records its US Dollar peg mechanism as: NAV-style credit vault token with monthly redemption mechanics; not a Falcon Finance USDf or MEV Capital strategy token.", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies AA_FalconXUSDC backing as Real-World Asset Backed. Collateral, per the static profile: USDC base asset in the Pareto FalconX Credit Vault, providing fixed-rate exposure to FalconX institutional credit lines curated by M11 Credit. Reserve evidence: curated reserve profile.", "name": "Pareto FalconX Credit Vault", "pharos": {"id": "aa-falconx-mev-capital", "grade": "C", "score": 58, "weakestPillar": {"pillar": "exit", "score": 43.12}, "url": "https://pharos.watch/stablecoin/aa-falconx-mev-capital"}, "research": [], "symbol": "AA_FalconXUSDC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xc45ecf20f3cd864b32d9794d6f76814ae8892e20": {"address": "0xc45ecf20f3cd864b32d9794d6f76814ae8892e20", "bluechip": null, "chain": "celo", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Celo", "Monad"], "chainCount": 2, "defillamaId": "363", "geckoId": "celo-japanese-yen"}, "description": "JPYm is a JPY-pegged synthetic stablecoin on Celo, part of the Mento Protocol. It is minted via Liquity v2-style CDPs: users deposit USDm as collateral and borrow JPYm against it.", "geckoId": "celo-japanese-yen", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "JPYm is minted by depositing collateral into a Mento CDP (trove) and borrowing JPYm against it. Repaying the borrowed JPYm closes or reduces the trove and releases the USDm collateral.", "name": "Mento Japanese Yen", "pharos": {"id": "jpym-mento", "grade": "C", "score": 59, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/jpym-mento"}, "research": [], "symbol": "JPYm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xc47da4cb96ce65a96844a01bfae509f9d5454534": {"address": "0xc47da4cb96ce65a96844a01bfae509f9d5454534", "bluechip": null, "chain": "optimism", "decimals": 6, "defillama": null, "description": "JPYT is DePhaser's yen stablecoin, minted by locking USDT on Optimism or USDC on Base against a yen FX oracle, with collateral returned on redemption. The static profile records its Japanese Yen peg mechanism as: Users lock USDT (Optimism) or USDC (Base) to mint JPYT priced off real-time USD/JPY rates from Chainlink and Pyth oracles; the deposited collateral is routed into Aave, and redemption burns JPYT to return the underlying USDT or USDC", "geckoId": "dephaser-jpy", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies JPYT backing as Crypto-Collateralized. Collateral, per the static profile: USDT (Optimism) and USDC (Base) deposited by users to mint JPYT; locked collateral is automatically transferred into Aave for safekeeping rather than held directly by DePhaser, backing JPYT against the yen Reserve evidence: curated reserve profile.", "name": "Dephaser JPY", "pharos": {"id": "jpyt-dephaser", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/jpyt-dephaser"}, "research": [], "symbol": "JPYT", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xc5d6a7b61d18afa11435a889557b068bb9f29930": {"address": "0xc5d6a7b61d18afa11435a889557b068bb9f29930", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "sUSDD is the TRON DAO Reserve's savings wrapper of USDD; share price accrues savings yield while final par exit inherits USDD's PSM and reserve mechanics. The static profile records its US Dollar peg mechanism as: Users deposit USDD to receive sUSDD, whose value appreciates versus USDD as savings yield accrues; final par exit inherits USDD's PSM and reserve mechanics", "geckoId": "savings-usdd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sUSDD backing as Crypto-Collateralized. Collateral, per the static profile: USDD deposited into the USDD savings system; sUSDD remains economically backed by USDD while savings yield accrues through the wrapper exchange rate Reserve evidence: Self-Reported PoR.", "name": "Savings USDD", "pharos": {"id": "susdd-tron-dao-reserve", "grade": "F", "score": 37, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/susdd-tron-dao-reserve"}, "research": [], "symbol": "sUSDD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xc5f0f7b66764f6ec8c8dff7ba683102295e16409": {"address": "0xc5f0f7b66764f6ec8c8dff7ba683102295e16409", "bluechip": {"coingecko_id": "first-digital-usd", "date_of_rating": "2023-09-30", "grade": "C", "name": "First Digital", "scores": {"collateralization": 100, "marketcap": "349226172.5216", "peg": 1, "price": 0.997343, "smart_contract_audit": true, "vol24h": "93706285.2744"}, "symbol": "FDUSD", "url": "https://bluechip.org/coins/fdusd"}, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 350751211.76733273, "chains": ["Ethereum", "BSC", "Sui", "Solana", "Arbitrum", "TON"], "chainCount": 6, "defillamaId": "119", "geckoId": "first-digital-usd"}, "description": "Each FDUSD is intended to be fully backed by one US dollar or an asset of equivalent fair value.", "geckoId": "first-digital-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "To redeem your FDUSD stablecoin, you must first become a client of First Digital Labs and meet specific requirements, including Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) checks. Upon successful completion of these checks, you can exchange your FDUSD for its equivalent in fiat currency, thereby taking it out of circulation. Alternatively, you can sell your FDUSD tokens on the secondary market through a cryptocurrency exchange or an Over-the-Counter (OTC) provider that supports FD121's stablecoins. ", "name": "First Digital USD", "pharos": {"id": "fdusd-first-digital", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/fdusd-first-digital"}, "research": [{"author": "LlamaRisk", "date": "2024-12-18T21:49:24+00:00", "source": "LlamaRisk", "title": "Pegkeeper Onboarding Review: First Digital FDUSD", "url": "https://llamarisk.substack.com/p/pegkeeper-onboarding-review-first"}], "symbol": "FDUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xc83e27f270cce0a3a3a29521173a83f402c1768b": {"address": "0xc83e27f270cce0a3a3a29521173a83f402c1768b", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 8089811.0, "chains": ["Ethereum", "XRPL", "Algorand", "Polygon"], "chainCount": 4, "defillamaId": "275", "geckoId": "quantoz-usdq"}, "description": "USDQ is Quantoz Payments' MiCA-authorized dollar e-money token, backed by cash, deposits, and EU and U.S. government bonds. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Quantoz Payments for onboarded customers; reserves are disclosed against circulating supply on the Quantoz transparency page", "geckoId": "quantoz-usdq", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDQ backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits and government bonds (Netherlands, Germany, US) held in segregated, bankruptcy-remote accounts at Tier 1 European banks by Stichting Quantoz, supervised by DNB; reserve ratio disclosed on Quantoz's transparency page Reserve evidence: Self-Reported PoR from Quantoz transparency dashboard.", "name": "Quantoz USDQ", "pharos": {"id": "usdq-quantoz", "grade": "C-", "score": 51, "weakestPillar": {"pillar": "backing", "score": 39.5}, "url": "https://pharos.watch/stablecoin/usdq-quantoz"}, "research": [], "symbol": "USDQ", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xca30c93b02514f86d5c86a6e375e3a330b435fb5": {"address": "0xca30c93b02514f86d5c86a6e375e3a330b435fb5", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "bIB01 is Backed's NAV-accreting tracker token for the BlackRock iShares 0-1 year U.S. Treasury Bond UCITS ETF, KYC-gated under Swiss DLT Act framework. The static profile records its US Dollar peg mechanism as: NAV-accreting tracker token (not pegged to $1); price reflects the underlying iShares 0-1yr T-bill ETF NAV with continuous yield accrual; KYC-gated 1:1 primary mint and redemption via Backed; secondary liquidity on Uniswap and CoW Protocol", "geckoId": "backed-ib01-treasury-bond-0-1yr", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "bIB01 is Backed's NAV-accreting tracker token for the BlackRock iShares 0-1 year U.S. Treasury Bond UCITS ETF, KYC-gated under Swiss DLT Act framework. The static profile records its US Dollar peg mechanism as: NAV-accreting tracker token (not pegged to $1); price reflects the underlying iShares 0-1yr T-bill ETF NAV with continuous yield accrual; KYC-gated 1:1 primary mint and redemption via Backed; secondary liquidity on Uniswap and CoW Protocol", "name": "Backed IB01 Treasury Bond 0-1yr", "pharos": {"id": "bib01-backed", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "exit", "score": 40.26}, "url": "https://pharos.watch/stablecoin/bib01-backed"}, "research": [], "symbol": "bIB01", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xca72827a3d211cfd8f6b00ac98824872b72cab49": {"address": "0xca72827a3d211cfd8f6b00ac98824872b72cab49", "bluechip": null, "chain": "base", "decimals": 6, "defillama": {"totalCirculating": 75829967.28209038, "chains": ["Base"], "chainCount": 1, "defillamaId": "166", "geckoId": "cygnus-finance-global-usd"}, "description": "The cgUSD token, an ERC20 rebasing token, is backed by US Treasury bills. Every New York banking day, the total issuance of cgUSD aligns with the net value of its asset portfolio, encompassing on-chain stablecoins, the market value of U.S. Treasury Bills, and accrued interest.", "geckoId": "cygnus-finance-global-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users can mint cgUSD by using assets from multiple chains USDT, USDC. Users can use our Withdrawals Request and Claim tabs to withdraw cgUSD and receive USDC at a 1:1 ratio. Under normal circumstances, withdrawal periods can take anywhere between 5-7 days. After that, you can claim your cgUSD using the Claim tab.", "name": "Cygnus Finance Global USD", "pharos": {"id": "cgusd-cygnus-finance", "grade": "D", "score": 49, "weakestPillar": {"pillar": "backing", "score": 46.25000000000001}, "url": "https://pharos.watch/stablecoin/cgusd-cygnus-finance"}, "research": [], "symbol": "cgUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xca79db4b49f608ef54a5cb813fbed3a6387bc645": {"address": "0xca79db4b49f608ef54a5cb813fbed3a6387bc645", "bluechip": null, "chain": "hyperevm", "decimals": 18, "defillama": {"totalCirculating": 114352.78542325756, "chains": ["Hyperliquid L1"], "chainCount": 1, "defillamaId": "322", "geckoId": "last-usd"}, "description": "USDXL is Last's synthetic dollar minted as CDP-style debt against blue-chip collateral on HypurrFi (Aave-V3 fork on HyperEVM), with no public redemption rail. The static profile records its US Dollar peg mechanism as: Users open overcollateralized CDP-style borrows on HypurrFi and mint USDXL against their position; repayment burns the synthetic dollar. Liquidations and protocol-owned liquidity defend the peg, but public docs do not describe an enabled...", "geckoId": "last-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDXL backing as Crypto-Collateralized. Collateral, per the static profile: Position-backed synthetic dollar minted against blue-chip overcollateralized positions on HypurrFi's Aave V3 fork on HyperEVM, with protocol-owned liquidity and stablecoin reserves including USDT0 supporting secondary liquidity. Eligible... Reserve evidence: curated reserve profile.", "name": "Last USD", "pharos": {"id": "usdxl-last", "grade": "F", "score": 31, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdxl-last"}, "research": [], "symbol": "USDXL", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xcacd6fd266af91b8aed52accc382b4e165586e29": {"address": "0xcacd6fd266af91b8aed52accc382b4e165586e29", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 105524301.71998912, "chains": ["Ethereum", "Fraxtal", "Sonic", "Polygon", "Solana", "Base", "OP Mainnet", "Avalanche", "BSC", "Sei", "Linea", "Katana", "Arbitrum", "Unichain", "Ink", "X Layer", "Plume Mainnet", "Tempo", "Movement", "Mode", "Blast", "Polygon zkEVM"], "chainCount": 22, "defillamaId": "235", "geckoId": "frax-usd"}, "description": "Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol", "geckoId": "frax-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Frax USD uses a hybrid model that allows for governance-approved enshrined custodians to mint/redeem the stablecoin by holding cash-equivalent reserves while also having onchain mechanisms built by the Frax Finance Protocol", "name": "Frax USD", "pharos": {"id": "frxusd-frax", "grade": "B", "score": 70, "weakestPillar": {"pillar": "exit", "score": 68.13}, "url": "https://pharos.watch/stablecoin/frxusd-frax"}, "research": [], "symbol": "FRXUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xcadc0acd4b445166f12d2c07eac6e2544fbe2eef": {"address": "0xcadc0acd4b445166f12d2c07eac6e2544fbe2eef", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Base", "Ethereum", "Polygon", "Arbitrum"], "chainCount": 4, "defillamaId": "145", "geckoId": "cad-coin"}, "description": "CADC tokens are fully backed 1:1 with Canadian Dollars held in a bank account in Canada.", "geckoId": "cad-coin", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "CADC is issued by PAYTRIE AB Inc., a FINTRAC regulated Money Services Business (M19690633), and backed by fully reserved assets, and redeemable on a 1:1 basis for Canadian dollars", "name": "CAD Coin", "pharos": {"id": "cadc-cad-coin", "grade": "F", "score": 36, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cadc-cad-coin"}, "research": [], "symbol": "CADC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xcbade7d9bdee88411cb6cbcbb29952b742036992": {"address": "0xcbade7d9bdee88411cb6cbcbb29952b742036992", "bluechip": null, "chain": "ethereum", "decimals": 5, "defillama": null, "description": "SAFO is the USD share of the Spiko/Amundi UCITS sub-fund using fully collateralized overnight TRS with tier-1 banks; a NAV-accreting share, not $1-pegged. The static profile records its US Dollar peg mechanism as: USD-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "geckoId": "safo", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies SAFO backing as Real-World Asset Backed. Collateral, per the static profile: USD share class of the Spiko / Amundi Smart Cash fund using fully collateralized total-return swaps with tier-1 bank counterparties and collateral made of liquid financial instruments / money-market fund exposure. Reserve evidence: Independent Audit from PwC.", "name": "Spiko Amundi Overnight Swap Fund", "pharos": {"id": "safo-spiko-usd", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.2}, "url": "https://pharos.watch/stablecoin/safo-spiko-usd"}, "research": [], "symbol": "SAFO", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xcbeb19549054cc0a6257a77736fc78c367216ce7": {"address": "0xcbeb19549054cc0a6257a77736fc78c367216ce7", "bluechip": null, "chain": "arbitrum", "decimals": 5, "defillama": null, "description": "EUTBL is Spiko's AMF-authorized UCITS short-term VNAV money-market fund backed by Eurozone sovereign T-bills, tokenized for KYC-gated investors. The static profile records its Euro peg mechanism as: EUR-denominated NAV-accreting share token (ISIN FR001400ODL1) of the Spiko SICAV short-term VNAV money market sub-fund authorised by the AMF, backed primarily by French and German Eurozone sovereign T-bills (and other top-rated...", "geckoId": "eutbl", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies EUTBL backing as Real-World Asset Backed. Collateral, per the static profile: Short-dated Eurozone sovereign Treasury bills (issued by AAA / strong-Member-State issuers) with weighted average maturity under two months, held by a UCITS-compliant short-term money market fund administered under Spiko's AMF authorization Reserve evidence: Independent Audit from PwC.", "name": "Spiko EU T-Bills Money Market Fund", "pharos": {"id": "eutbl-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.75}, "url": "https://pharos.watch/stablecoin/eutbl-spiko"}, "research": [], "symbol": "EUTBL", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xcccc62962d17b8914c62d74ffb843d73b2a3cccc": {"address": "0xcccc62962d17b8914c62d74ffb843d73b2a3cccc", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 98038566.97349027, "chains": ["Ethereum", "Tempo", "MegaETH"], "chainCount": 3, "defillamaId": "296", "geckoId": "cap-usd"}, "description": "Cap is a stablecoin protocol that provides credible financial guarantees via two products: the dollar-denominated cUSD and the yield-bearing stcUSD", "geckoId": "cap-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users deposit reserve assets to mint cUSD at oracle value. cUSD's reserve is backed by blue chip stablecoins such as USDC, USDT, pyUSD, BUIDL, and BENJI, i.e. issued by regulated institutions with transparent attestations. It is 1:1 redeemable for any of the available reserve assets.", "name": "Cap cUSD", "pharos": {"id": "cusd-cap", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "backing", "score": 67.575175}, "url": "https://pharos.watch/stablecoin/cusd-cap"}, "research": [], "symbol": "CUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xccf663b1ff11028f0b19058d0f7b674004a40746": {"address": "0xccf663b1ff11028f0b19058d0f7b674004a40746", "bluechip": null, "chain": "celo", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Monad", "Celo"], "chainCount": 2, "defillamaId": "358", "geckoId": "mento-british-pound"}, "description": "GBPm is Mento's British pound stablecoin on Celo, minted from CDPs collateralized by USDm with oracle-priced redemption and reserve transparency. The static profile records its British Pound peg mechanism as: CDP-backed Mento FX stablecoin: borrowers mint GBPm against USDm collateral, while repayment/redemption mechanics and oracle pricing route value back through the Mento system", "geckoId": "celo-british-pound", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies GBPm backing as Crypto-Collateralized. Collateral, per the static profile: Mento's CDP architecture uses USDm as the collateral asset for GBPm; the public reserve API is a portfolio view rather than an exhaustive borrower-position inventory Reserve evidence: Real-Time PoR from Mento Reserve dashboard.", "name": "Mento British Pound", "pharos": {"id": "gbpm-mento", "grade": "D", "score": 44, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/gbpm-mento"}, "research": [], "symbol": "GBPm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xce24439f2d9c6a2289f741120fe202248b666666": {"address": "0xce24439f2d9c6a2289f741120fe202248b666666", "bluechip": null, "chain": "bsc", "decimals": 18, "defillama": {"totalCirculating": 1224702886.7629318, "chains": ["BSC", "Ethereum", "Tron"], "chainCount": 3, "defillamaId": "336", "geckoId": "united-stables"}, "description": "U is a BVI-issued dollar stablecoin backed by a variable mix of cash, U.S. Treasury bills, and approved fiat-referenced stablecoins. The static profile records its US Dollar peg mechanism as: Smart contracts mint U 1:1 only upon receipt of USD or whitelisted stablecoins (USDC, USDT, USD1); redemption burns U and returns USD or stablecoins; on-chain oracles enforce total supply never exceeds collateral", "geckoId": "united-stables", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies U backing as Real-World Asset Backed. Collateral, per the static profile: Variable reserve mix of cash, U.S. Treasury bills, and fiat-referenced stablecoins approved by United Stables. Reserve evidence: Real-Time PoR from United Stables transparency dashboard.", "name": "United Stables", "pharos": {"id": "u-united-stables", "grade": "D", "score": 42, "weakestPillar": {"pillar": "backing", "score": 33.93812500000001}, "url": "https://pharos.watch/stablecoin/u-united-stables"}, "research": [], "symbol": "U", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xcea18a8752bb7e7817f9ae7565328fe415c0f2ca": {"address": "0xCeA18a8752bb7e7817F9AE7565328FE415C0f2cA", "bluechip": null, "chain": "ethereum", "defillama": null, "description": "Collateral token of the LlamaLend CRV-long market. Not a stablecoin (not in Pharos). Curated research aggregates Core Team and LlamaRisk threads about market recovery.", "llamarisk": {"mhsLink": null}, "name": "Curve LlamaLend CRV-long market collateral", "pharos": null, "research": [{"author": "michwill", "date": "2026-04-26", "source": "Curve Team", "title": "CRV-long LlamaLend market recovery", "url": "https://gov.curve.finance/t/crv-long-llamalend-market-recovery/11062"}], "source": "extra_tokens", "symbol": "CRV-long", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xcf62f905562626cfcdd2261162a51fd02fc9c5b6": {"address": "0xcf62f905562626cfcdd2261162a51fd02fc9c5b6", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "sfrxUSD is Frax's staking wrapper of frxUSD; the exchange rate compounds with custodian and protocol yield, with frxUSD-tier T-bill custodial backing. The static profile records its US Dollar peg mechanism as: Deposit frxUSD to mint sfrxUSD and redeem sfrxUSD for the current convertToAssets amount of frxUSD; the share price rises as Frax routes frxUSD yield to the staking vault", "geckoId": "staked-frax-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sfrxUSD backing as Real-World Asset Backed. Collateral, per the static profile: frxUSD deposited into Frax's savings vault; the wrapper remains fully backed by frxUSD while protocol income and custodian yield accrue through the vault exchange rate Reserve evidence: live reserve feed configured.", "name": "Staked Frax USD", "pharos": {"id": "sfrxusd-frax", "grade": "C", "score": 55, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/sfrxusd-frax"}, "research": [], "symbol": "sfrxUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xd0580192e98ea6ceb9c7b6191ed2e27560911697": {"address": "0xd0580192e98ea6ceb9c7b6191ed2e27560911697", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 62625072.69175325, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "401", "geckoId": "tori-trusd"}, "description": null, "geckoId": "tori-trusd", "llamarisk": {"mhsLink": null}, "name": "Tori trUSD", "pharos": {"id": "trusd-tori", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/trusd-tori"}, "research": [], "symbol": "trUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xd166337499e176bbc38a1fbd113ab144e5bd2df7": {"address": "0xD166337499E176bbC38a1FBd113Ab144e5bd2Df7", "bluechip": null, "chain": "ethereum", "defillama": null, "description": "Saturn Labs sUSDat — yield-bearing vault share of USDat. Backed by tokenized US T-bills ($M) and on-chain STRC hedged exposure. Covered by TID Research (https://tidresearch.com/reports/susdat/).", "llamarisk": {"mhsLink": null}, "name": "Saturn sUSDat", "pharos": null, "research": [{"author": "TID Research", "date": null, "source": "TID Research", "title": "sUSDat — Risk Assessment", "url": "https://tidresearch.com/reports/susdat/"}], "source": "extra_tokens", "symbol": "sUSDat", "telosc": {}, "tidResearchScore": {"axes": {"Contract & Admin": {"color_bucket": "orange", "score": 4.5}, "Issuer": {"color_bucket": "amber", "score": 5.5}, "Liquidity": {"color_bucket": "orange", "score": 3.5}, "Redemption": {"color_bucket": "orange", "score": 3.5}, "Stability": {"color_bucket": "orange", "score": 3.5}, "Underlying": {"color_bucket": "orange", "score": 3.5}}, "category": "vault share", "chains": ["Ethereum"], "color_bucket": "orange", "issuer": null, "last_verified": "2026-08-11", "overall": 3.5, "peg_mechanism": null, "underlying": "USDat", "url": "https://tidresearch.com/reports/susdat/"}, "tidresearch": {}, "kyp": {"protocol": "Saturn Credit", "protocolSlug": "saturn-credit", "chain": "Ethereum", "grade": "B", "score": 68.4, "riskLevel": "Medium", "gate": "Conditional", "dealBreakers": "0 Failed — Gate cleared", "auditDate": "06/24/2026", "auditor": null, "keyFindings": ["April's 3 access-control deal breakers resolved — upgrade authority now behind a 5-day TimelockController", "92.5% of the $88.6M vault NAV is off-chain STRC credited by the processor — not provable on-chain", "Non-timelocked single-key processor can move the liquid USDat balance within a ±20% tolerance, uncapped"], "url": "https://www.kyp.one/protocols/saturn-credit"}, "yearn": {"slug": "saturn-usdat", "name": "Saturn (USDat)", "score": 2.825, "tier": "Medium Risk", "type": "Protocol", "chain": "Ethereum", "date": "May 27, 2026 (Updated: June 17, 2026)", "url": "https://curation.yearn.fi/report/saturn-usdat/"}}, "0xd2a530170d71a9cfe1651fb468e2b98f7ed7456b": {"address": "0xd2a530170d71a9cfe1651fb468e2b98f7ed7456b", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Base", "Avalanche"], "chainCount": 4, "defillamaId": "422", "geckoId": "forte-aud"}, "description": "AUDF is Forte Securities Australia's centralized Australian dollar stablecoin, redeemable 1:1 with AUD reserves held separately. The static profile records its Australian Dollar peg mechanism as: Direct 1:1 redemption for AUD through Forte Securities Australia Pty Ltd for eligible account holders to approved bank accounts, with monthly independent reserve audits and daily reserve monitoring", "geckoId": "forte-aud", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies AUDF backing as Real-World Asset Backed. Collateral, per the static profile: Australian dollar reserves and cash-equivalent reserve assets held separately from Forte's operational funds Reserve evidence: Independent Audit from MVAB Audit Pty Ltd (MVA Bennett), Chartered Accountants.", "name": "Forte AUD", "pharos": {"id": "audf-forte", "grade": "D", "score": 46, "weakestPillar": {"pillar": "backing", "score": 38.75}, "url": "https://pharos.watch/stablecoin/audf-forte"}, "research": [], "symbol": "AUDF", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xd3dce716f3ef535c5ff8d041c1a41c3bd89b97ae": {"address": "0xd3dce716f3ef535c5ff8d041c1a41c3bd89b97ae", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 658568.9277818871, "chains": ["Sonic"], "chainCount": 1, "defillamaId": "238", "geckoId": "rings-scusd"}, "description": "scUSD is a yield-bearing stablecoin that users mint by depositing stablecoins, which are then deployed into DeFi strategies", "geckoId": "rings-scusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "scUSD is minted when users deposit stablecoins on Ethereum or Sonic, with the funds deployed into yield-generating DeFi strategies", "name": "Rings scUSD", "pharos": {"id": "scusd-rings", "grade": "F", "score": 37, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/scusd-rings"}, "research": [], "symbol": "SCUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xd3fd63209fa2d55b07a0f6db36c2f43900be3094": {"address": "0xd3fd63209fa2d55b07a0f6db36c2f43900be3094", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "wsrUSD is a non-rebasing ERC-4626 savings wrapper of Reservoir's rUSD stablecoin, accruing yield from T-bill, DeFi lending, and basis strategies behind rUSD. The static profile records its US Dollar peg mechanism as: wsrUSD is a non-rebasing ERC-4626 vault token that accepts rUSD and accrues yield per block; token price appreciates continuously from $1.00 as protocol yield accrues, and users can redeem wsrUSD for rUSD at any time. rUSD itself is...", "geckoId": "wrapped-savings-rusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies wsrUSD backing as Real-World Asset Backed. Collateral, per the static profile: T-bills and government securities (RWA allocation via governance-approved Asset Adapters), overcollateralized DeFi lending in Morpho and Euler vaults (curators include Steakhouse, Re7, MEV Capital, Gauntlet, Objective Labs), and crypto... Reserve evidence: Real-Time PoR from Reservoir Protocol (on-chain live balance sheet).", "name": "Wrapped Savings rUSD", "pharos": {"id": "wsrusd-reservoir", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/wsrusd-reservoir"}, "research": [], "symbol": "wsrUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xd48e565561416de59da1050ed70b8d75e8ef28f9": {"address": "0xd48e565561416de59da1050ed70b8d75e8ef28f9", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 2158430.3217866863, "chains": ["Fluent", "Ethereum"], "chainCount": 2, "defillamaId": "377", "geckoId": null}, "description": "USDnr is Nerona's permissioned 1:1 wrapper of M0's M token backed by short-term U.S. T-bills; T-bill yield accrues to M0 and Nerona, not USDnr holders. The static profile records its US Dollar peg mechanism as: Permissioned 1:1 wrapper around M0's $M token: USDnr is minted by Nerona Labs by depositing/wrapping $M (sourced from MXON, the legal Minter on the M0 network) and burned 1:1 against $M on redemption. T-bill yield earned by the underlying...", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDnr backing as Real-World Asset Backed. Collateral, per the static profile: Backed 1:1 by $M (M0 Protocol's tokenized short-term U.S. Treasury bill exposure, sourced from the M0 Minter MXON). USDnr is a permissioned wrapper minted by Nerona Labs against $M held in M0-managed reserves, with a Stability Reserve... Reserve evidence: Real-Time PoR from M0 Protocol (on-chain Validator attestations).", "name": "Nerona USD", "pharos": {"id": "usdnr-nerona", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "exit", "score": 45.88}, "url": "https://pharos.watch/stablecoin/usdnr-nerona"}, "research": [], "symbol": "USDnr", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xd687759f35bb747a29246a4b9495c8f52c49e00c": {"address": "0xd687759f35bb747a29246a4b9495c8f52c49e00c", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "AUDX is TAU Pty Ltd's centralized Australian dollar stablecoin, designed for 1:1 AUD redemption and backed by AUD cash and government-backed instruments. The static profile records its Australian Dollar peg mechanism as: Issuer-managed mint and redemption path targeting 1 AUDX = 1 AUD through fully backed Australian-dollar reserves", "geckoId": "aussie-dollar-token", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies AUDX backing as Real-World Asset Backed. Collateral, per the static profile: Backed 1:1 by Australian-dollar cash and government-backed instruments such as Treasury Bills and Notes, held by TAU Pty Ltd trading as AUDX Token Reserve evidence: Independent Audit from Aura Partners.", "name": "Aussie Dollar Token", "pharos": {"id": "audx-aussie-dollar-token", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/audx-aussie-dollar-token"}, "research": [], "symbol": "AUDX", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xd76f5faf6888e24d9f04bf92a0c8b921fe4390e0": {"address": "0xd76f5faf6888e24d9f04bf92a0c8b921fe4390e0", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "World Chain", "BSC", "Polygon", "Gnosis"], "chainCount": 6, "defillamaId": "380", "geckoId": "brazilian-real"}, "description": "Brazilian Real stablecoin.", "geckoId": "brazilian-real", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Issued by Ripio with a 1:1 peg to the Brazilian real. Each wBRL is backed by liquid instruments denominated in BRL held in Brazilian bank accounts, with reserves periodically attested by local public accountants. Users mint and redeem by on/off-ramping BRL through Ripio's platform.", "name": "Brazilian Real", "pharos": {"id": "wbrl-ripio", "grade": "F", "score": 36, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/wbrl-ripio"}, "research": [], "symbol": "WBRL", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xd7ca0e2c36d647446b782d1b72308e598373e2f5": {"address": "0xd7ca0e2c36d647446b782d1b72308e598373e2f5", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "BRLV is Crown's centralized Brazilian real stablecoin, mint/redeemed 1:1 for BRL and backed mostly by Brazilian federal Treasury bonds in segregated custody. The static profile records its Brazilian Real peg mechanism as: KYC-gated primary-market mint and redemption at 1 BRL per BRLV through Crown; reserves are pledged to BRLV holders through a Brazilian security-agent and fiduciary-assignment structure, while secondary-market price can deviate", "geckoId": "crown-brlv", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies BRLV backing as Real-World Asset Backed. Collateral, per the static profile: Brazilian federal government bonds, Tesouro Selic-linked ETFs, and de minimis cash/equivalents held in legally segregated, bankruptcy-remote reserve custody through Crown's guarantor/security-agent structure Reserve evidence: Independent Audit from Fact Finance.", "name": "Crown BRLV", "pharos": {"id": "brlv-crown", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "exit", "score": 40.62}, "url": "https://pharos.watch/stablecoin/brlv-crown"}, "research": [], "symbol": "BRLV", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xda67b4284609d2d48e5d10cfac411572727dc1ed": {"address": "0xda67b4284609d2d48e5d10cfac411572727dc1ed", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 35294006.48195986, "chains": ["Ethereum", "ZKsync Era", "Sophon"], "chainCount": 3, "defillamaId": "230", "geckoId": "noon-usn"}, "description": "USN is Noon's base dollar, minted 1:1 from USDC/USDT or short-term T-bills while yield accrues through separate sUSN. The static profile records its US Dollar peg mechanism as: Permissioned institutional mint and redeem path for USN; raw reserve returns accrue to sUSN holders rather than base USN holders.", "geckoId": "noon-usn", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USN backing as Real-World Asset Backed. Collateral, per the static profile: USN is backed 1:1 by USDT, USDC, or short-term U.S. Treasury bills, with reserve assets deployable into approved yield strategies including CLOs, private credit, DeFi lending, Pendle PTs, and tokenized T-bills. Reserve evidence: Real-Time PoR from Accountable.", "name": "Noon USN", "pharos": {"id": "usn-noon", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 59.16}, "url": "https://pharos.watch/stablecoin/usn-noon"}, "research": [], "symbol": "USN", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xdac17f958d2ee523a2206206994597c13d831ec7": {"address": "0xdac17f958d2ee523a2206206994597c13d831ec7", "bluechip": {"coingecko_id": "tether", "date_of_rating": "2023-06-04", "grade": "D", "name": "Tether", "scores": {"collateralization": 100, "marketcap": "183890872749.6565", "peg": 1, "price": 0.999145, "smart_contract_audit": true, "vol24h": "41674169697.7978"}, "symbol": "USDT", "url": "https://bluechip.org/coins/usdt"}, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "geckoId": "tether", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia.", "name": "Tether", "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "research": [{"author": "LlamaRisk", "date": "2025-01-30T13:32:40+00:00", "source": "LlamaRisk", "title": "Regulatory Pressure on USDT and Legal Features of USDT0", "url": "https://llamarisk.substack.com/p/regulatory-pressure-on-usdt-and-legal"}], "symbol": "USDT", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xdb25f211ab05b1c97d595516f45794528a807ad8": {"address": "0xdb25f211ab05b1c97d595516f45794528a807ad8", "bluechip": null, "chain": "ethereum", "decimals": 2, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Stellar", "Algorand", "Everscale", "Gnosis"], "chainCount": 6, "defillamaId": "51", "geckoId": "stasis-eurs"}, "description": "EURS, an ERC/EIP20 token, is a euro-backed digital asset.", "geckoId": "stasis-eurs", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Stasis customers who have undergone a verification process can exchange EUR for EURS and redeem EURS for EUR.", "name": "Stasis Euro", "pharos": {"id": "eurs-stasis", "grade": "F", "score": 12, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/eurs-stasis"}, "research": [], "symbol": "EURS", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xdb9e8f82d6d45fff803161f2a5f75543972b229a": {"address": "0xdb9e8f82d6d45fff803161f2a5f75543972b229a", "bluechip": null, "chain": "scroll", "decimals": 18, "defillama": {"totalCirculating": 132307.89839452127, "chains": ["Scroll"], "chainCount": 1, "defillamaId": "228", "geckoId": "quill-usdq"}, "description": "USDQ is Quill's Liquity-v2 fork on Scroll, minted from user-set interest CDPs against wETH, wstETH, weETH, and SCR collateral. The static profile records its US Dollar peg mechanism as: Overcollateralized CDP with user-set interest rates and direct on-chain redemption for underlying collateral; Stability Pools absorb liquidations per collateral market", "geckoId": "quill-usdq", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDQ backing as Crypto-Collateralized. Collateral, per the static profile: wETH, wstETH, weETH, and SCR in overcollateralized CDP markets on Scroll Reserve evidence: live reserve feed configured.", "name": "Quill USD", "pharos": {"id": "usdq-quill", "grade": "D", "score": 43, "weakestPillar": {"pillar": "exit", "score": 27}, "url": "https://pharos.watch/stablecoin/usdq-quill"}, "research": [], "symbol": "USDQ", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xdc035d45d973e3ec169d2276ddab16f1e407384f": {"address": "0xdc035d45d973e3ec169d2276ddab16f1e407384f", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 6636118576.579258, "chains": ["Ethereum", "Arbitrum", "Solana", "Base", "OP Mainnet", "Unichain", "Avalanche"], "chainCount": 7, "defillamaId": "209", "geckoId": "usds"}, "description": "USDS is Sky's upgraded successor to DAI, minted 1:1 from DAI or against the same Maker vault system of RWA, USDC, and crypto collateral. The static profile records its US Dollar peg mechanism as: Peg Stability Modules enabling 1:1 swaps with USDC and DAI", "geckoId": "usds", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDS backing as Crypto-Collateralized. Collateral, per the static profile: Upgraded 1:1 successor to DAI on the same vault system, with current exposure organized across Sky Agent/Star buckets: Stablecoins/PSM around 38%, Spark around 28%, Grove RWA around 23%, Obex around 5%, Core crypto around 4%, Staking... Reserve evidence: live reserve feed configured.", "name": "Sky Dollar", "pharos": {"id": "usds-sky", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/usds-sky"}, "research": [], "symbol": "USDS", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "sky-usds", "name": "Sky — USDS & sUSDS", "score": 1.3, "tier": "Minimal Risk", "type": "Protocol", "chain": "Ethereum", "date": "June 18, 2026", "url": "https://curation.yearn.fi/report/sky-usds/"}}, "0xdd0f28e19c1780eb6396170735d45153d261490d": {"address": "0xdd0f28e19c1780eb6396170735d45153d261490d", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "gtUSDC is the Gauntlet-curated MetaMorpho V1 vault for USDC, an ERC-4626 wrapper compounding USDC lending yield across permissioned Morpho markets. The static profile records its US Dollar peg mechanism as: ERC-4626 MetaMorpho vault shares appreciate against USDC as borrower interest accrues; withdrawals redeem vault shares for available USDC liquidity or wait for Morpho market liquidity to return", "geckoId": "gauntlet-usdc-prime-morpho-vault", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies gtUSDC backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into a Gauntlet-curated MetaMorpho vault on Morpho Blue; the curator allocates across conservative USDC lending markets backed by blue-chip crypto and real-world asset collateral Reserve evidence: live reserve feed configured.", "name": "Gauntlet USDC Prime V1", "pharos": {"id": "gtusdc-gauntlet", "grade": "D", "score": 45, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/gtusdc-gauntlet"}, "research": [], "symbol": "gtUSDC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xdd468a1ddc392dcdbef6db6e34e89aa338f9f186": {"address": "0xdd468a1ddc392dcdbef6db6e34e89aa338f9f186", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 30904863.737216786, "chains": ["Mezo", "Ethereum"], "chainCount": 2, "defillamaId": "303", "geckoId": "mezo-usd"}, "description": "MUSD is Mezo's BTC-only overcollateralized stablecoin on Mezo's Bitcoin L2, minted at 110% minimum against native and wrapped BTC via Liquity v1. The static profile records its US Dollar peg mechanism as: BTC-only overcollateralized CDP with direct $1 BTC redemption; operates on Mezo (Bitcoin L2, not Ethereum or a Stage 1 L2)", "geckoId": "mezo-usd", "kyp": {"protocol": "MUSD Savings Strategy (sMUSD)", "protocolSlug": "smusd-savings-strategy", "chain": "Mezo", "grade": "B", "score": 72, "riskLevel": "Medium", "gate": "Conditional", "dealBreakers": "0 Failed — Gate cleared", "auditDate": "06/09/2026", "auditor": null, "keyFindings": ["Admin can drain 100% of principal at will: upgradeable vault + setStrategy(), both under a no-timelock 5/9 Safe", "Today's safety depends on the strategy staying Idle — a config switch to a yield venue adds external/DoS risk", "~99% of sMUSD lives in the gauge; the Velodrome ve/Voter layer touches rewards only, never staked principal"], "url": "https://www.kyp.one/protocols/smusd-savings-strategy"}, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies MUSD backing as Crypto-Collateralized. Collateral, per the static profile: Bitcoin only; minimum 110% collateral ratio Reserve evidence: live reserve feed configured.", "name": "Mezo USD", "pharos": {"id": "meusd-mezo", "grade": "D", "score": 40, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/meusd-mezo"}, "research": [], "symbol": "MUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "mezo-musd", "name": "Mezo MUSD", "score": 3.1, "tier": "Medium Risk", "type": "Protocol", "chain": "Ethereum (bridged from Mezo chain via Wormhole NTT)", "date": "March 20, 2026", "url": "https://curation.yearn.fi/report/mezo-musd/"}}, "0xdd629e5241cbc5919847783e6c96b2de4754e438": {"address": "0xdd629e5241cbc5919847783e6c96b2de4754e438", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "mTBILL is Midas's NAV-accreting tokenized U.S. T-Bill fund via BlackRock IB01 ETF, FMA-regulated rails, with daily Ankura Trust NAV attestations. The static profile records its US Dollar peg mechanism as: NAV-accreting token (not pegged to $1); price launched at ~$1.00 and appreciates continuously as T-bill yield accrues; permissioned mint/redeem at daily NAV via Midas smart contracts in USDC/USDT or fiat; NAV oracle published daily by...", "geckoId": "midas-mtbill", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies mTBILL backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury Bills (maturity <3 months) via a reference basket of T-Bill ETFs and tokenized funds, primarily BlackRock iShares $ Treasury Bond 0-1yr UCITS ETF (IB01), plus BUIDL; atomic redemption sleeve via tokenized... Reserve evidence: Independent Audit from Ankura Trust Company (independent third-party; provides daily on-chain NAV attestations).", "name": "Midas mTBILL", "pharos": {"id": "mtbill-midas", "grade": "C", "score": 56, "weakestPillar": {"pillar": "exit", "score": 41.26}, "url": "https://pharos.watch/stablecoin/mtbill-midas"}, "research": [], "symbol": "mTBILL", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xdd73ea766b80417c0607a3f08e34a0c415d89d56": {"address": "0xdd73ea766b80417c0607a3f08e34a0c415d89d56", "bluechip": null, "chain": "bsc", "decimals": 6, "defillama": {"totalCirculating": 498028.52342499996, "chains": ["Movement", "BSC", "Arbitrum", "Base"], "chainCount": 4, "defillamaId": "278", "geckoId": "weusd"}, "description": "$WEUSD is a key component of PicWe’s ecosystem, designed to provide stability and facilitate efficient, reliable cross-chain transactions. As a native decentralized stablecoin, $WEUSD is created on-chain via smart contracts and plays a critical role in PicWe’s Omni-chain asset settlement layer.", "geckoId": "weusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users can mint WEUSD by depositing USDT/USDC assets.", "name": "WEUSD", "pharos": {"id": "weusd-picwe", "grade": "F", "score": 39, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/weusd-picwe"}, "research": [], "symbol": "WEUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xdddd73f5df1f0dc31373357beac77545dc5a6f3f": {"address": "0xdddd73f5df1f0dc31373357beac77545dc5a6f3f", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 4643832.2149729, "chains": ["Plume Mainnet", "Ethereum"], "chainCount": 2, "defillamaId": "266", "geckoId": "plume-usd"}, "description": "pUSD is Plume's dollar stablecoin minted 1:1 against USDC in a Nucleus BoringVault; zero-fee redemption on Ethereum or Plume Chain with OFAC compliance checks. The static profile records its US Dollar peg mechanism as: Zero-fee mint/redeem at 1:1 for USDC on Ethereum or Plume Chain; reserves managed by Nucleus BoringVault contracts with OFAC compliance checks", "geckoId": "plume-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies pUSD backing as Crypto-Collateralized. Collateral, per the static profile: 1:1 backed by USDC deposited into a Nucleus BoringVault Reserve evidence: live reserve feed configured.", "name": "Plume USD", "pharos": {"id": "pusd-plume", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "exit", "score": 50.52}, "url": "https://pharos.watch/stablecoin/pusd-plume"}, "research": [], "symbol": "pUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xdde3ec717f220fc6a29d6a4be73f91da5b718e55": {"address": "0xdde3ec717f220fc6a29d6a4be73f91da5b718e55", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 57594.151777154286, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "304", "geckoId": "usdu"}, "description": "USDU is USDU Finance's DAO-minted dollar backed by Morpho and Curve vault shares after a sharp supply wind-down. The static profile records its US Dollar peg mechanism as: Protocol-minted via DAO-approved adapters; convertible to USDC via Curve pools", "geckoId": "usdu", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDU backing as Crypto-Collateralized. Collateral, per the static profile: Adapter-held positions: Curve USDU/USDC LP tokens, Morpho USDU Core vault shares (curated lending), and TermMax USDU vault shares (fixed-term lending) as on-chain backing Reserve evidence: curated reserve profile.", "name": "USDU Finance", "pharos": {"id": "usdu-usdu-finance", "grade": "D", "score": 41, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdu-usdu-finance"}, "research": [], "symbol": "USDU", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xde17a000ba631c5d7c2bd9fb692efea52d90dee2": {"address": "0xde17a000ba631c5d7c2bd9fb692efea52d90dee2", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 629398.236764986, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "277", "geckoId": "smardex-usdn"}, "description": "USDN is SMARDEX's wstETH-backed synthetic dollar, held near $1 by protocol long-side mechanics targeting delta-neutral exposure on a two-step oracle flow. The static profile records its US Dollar peg mechanism as: Users mint USDN by depositing supported underlying assets into the USDN vault and redeem by burning USDN for the corresponding underlying asset value. Mint and redemption flows can be temporarily restricted by protocol imbalance and use a...", "geckoId": "smardex-usdn", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDN backing as Crypto-Collateralized. Collateral, per the static profile: Synthetic dollar backed by the SMARDEX USDN vault, initially using wstETH as the underlying asset and protocol long-side mechanics to target delta-neutral exposure Reserve evidence: live reserve feed configured.", "name": "SMARDEX USDN", "pharos": {"id": "usdn-smardex", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdn-smardex"}, "research": [], "symbol": "USDN", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xe1753f2e00940cc31213dd92013cf019dfe4ca1d": {"address": "0xe1753f2e00940cc31213dd92013cf019dfe4ca1d", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "sGHO is Aave's savings wrapper of GHO; deposit GHO to earn the Aave governance-set savings rate in GHO, with GHO-tier CDP risk underneath. The static profile records its US Dollar peg mechanism as: Deposit GHO into the ERC-4626 sGHO vault to mint sGHO shares; the share-to-GHO exchange rate rises as the Aave-governance-set savings rate accrues. The vault's `asset()` is GHO and standard ERC-4626 `convertToAssets()` / `totalAssets()`...", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sGHO backing as Crypto-Collateralized. Collateral, per the static profile: GHO deposited into Aave's ERC-4626 sGHO savings vault on Ethereum; share value accrues a governance-set fixed APR with no cooldown, no slashing, and no rehypothecation of deposited funds. Reserve evidence: live reserve feed configured.", "name": "Aave Savings GHO", "pharos": {"id": "sgho-aave", "grade": "B-", "score": 66, "weakestPillar": {"pillar": "backing", "score": 63.56895500933}, "url": "https://pharos.watch/stablecoin/sgho-aave"}, "research": [], "symbol": "sGHO", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "aave-sgho", "name": "Aave — sGHO", "score": 2.5, "tier": "Low Risk", "type": "Protocol", "chain": "Ethereum", "date": "April 2, 2026 (Updated: July 27, 2026)", "url": "https://curation.yearn.fi/report/aave-sgho/"}}, "0xe24a3dc889621612422a64e6388927901608b91d": {"address": "0xe24a3dc889621612422a64e6388927901608b91d", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "sUSN is Noon's staking wrapper of USN; share price accrues yield from private credit, CLOs, DeFi lending, and T-bills, with delta-neutral CEX strategies on top. The static profile records its US Dollar peg mechanism as: Stake USN to receive sUSN; sUSN appreciates against USN as Noon strategy yield accrues, while final exits inherit Noon's 1:1 USN mint/redeem and reserve-liquidity constraints", "geckoId": "staked-usn", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sUSN backing as Real-World Asset Backed. Collateral, per the static profile: USN deposited into Noon's staking wrapper; backing inherits Noon's Accountable-disclosed private credit, CLO, DeFi lending, principal-token, and Treasury-bill reserve mix Reserve evidence: Real-Time PoR from Accountable.", "name": "Staked USN", "pharos": {"id": "susn-noon", "grade": "C", "score": 55, "weakestPillar": {"pillar": "backing", "score": 59.57411}, "url": "https://pharos.watch/stablecoin/susn-noon"}, "research": [], "symbol": "sUSN", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xe2e7a17dff93280dec073c995595155283e3c372": {"address": "0xe2e7a17dff93280dec073c995595155283e3c372", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "spUSDT is Spark's yield-bearing USDT wrapper for Spark Liquidity Layer allocations, accruing protocol-set returns from SLL deployment routes. The static profile records its US Dollar peg mechanism as: Users deposit USDT into Spark Savings Vault V2 and receive spUSDT; a permissioned Spark Liquidity Layer taker deploys idle USDT into yield strategies while share value accrues via the vault savings rate (vsr), not the Sky Savings Rate or...", "geckoId": "spark-savings-usdt", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies spUSDT backing as Crypto-Collateralized. Collateral, per the static profile: USDT deposited into Spark Savings Vault V2 (ERC-4626 asset=USDT); idle USDT is taken by the Spark Liquidity Layer into SparkLend, Morpho, and other supported yield strategies, with Spark docs framing V2 USD vaults as economically backed... Reserve evidence: live reserve feed configured.", "name": "Spark Savings USDT", "pharos": {"id": "susdt-spark", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "backing", "score": 53.174375}, "url": "https://pharos.watch/stablecoin/susdt-spark"}, "research": [], "symbol": "spUSDT", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xe343167631d89b6ffc58b88d6b7fb0228795491d": {"address": "0xe343167631d89b6ffc58b88d6b7fb0228795491d", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 3407164550.702311, "chains": ["X Layer", "Solana", "Ethereum", "Robinhood Chain", "Ink", "Hyperliquid L1"], "chainCount": 6, "defillamaId": "286", "geckoId": "global-dollar"}, "description": "USDG is Paxos's MAS-regulated Global Dollar stablecoin, redeemable 1:1 in USD through Paxos Singapore with reserves at DBS and Standard Chartered. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption for U.S. dollars through Paxos Digital Singapore for KYC-verified users; reserves fully segregated and held at custodian banks; EU issuance by Paxos Issuance Europe OY under MiCA", "geckoId": "global-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDG backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, short-duration U.S. government securities, and other high-quality liquid assets held in segregated custodial accounts at DBS Bank and Standard Chartered Reserve evidence: Independent Audit from KPMG LLP.", "name": "Global Dollar", "pharos": {"id": "usdg-paxos", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "exit", "score": 73.67}, "url": "https://pharos.watch/stablecoin/usdg-paxos"}, "research": [], "symbol": "USDG", "telosc": {}, "tidResearchScore": null, "tidresearch": {}, "yearn": {"slug": "paxos-usdg", "name": "Paxos USDG (Global Dollar)", "score": 2.4, "tier": "Low Risk", "type": "Protocol", "chain": "Ethereum", "date": "March 20, 2026 (Updated: July 30, 2026)", "url": "https://curation.yearn.fi/report/paxos-usdg/"}}, "0xe4b20925d9e9a62f1e492e15a81dc0de62804dd4": {"address": "0xe4b20925d9e9a62f1e492e15a81dc0de62804dd4", "bluechip": null, "chain": "base", "decimals": 18, "defillama": {"totalCirculating": 5575364.647606594, "chains": ["Base", "Bifrost Network"], "chainCount": 2, "defillamaId": "183", "geckoId": "bitcoin-usd-btcfi"}, "description": "BTCFi is a way for Bitcoin holders to earn passive income while maintaining their BTC positions. By using Bitcoin as a collateral to mint BtcUSD, users can utilize Bitcoin as a way to access DeFi and the opportunities offered by it", "geckoId": "bitcoin-usd-btcfi", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users are able to deposited WBTC or BTCBA and mint btcusd", "name": "Bitcoin USD", "pharos": {"id": "btcusd-btcfi", "grade": "F", "score": 34, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/btcusd-btcfi"}, "research": [], "symbol": "BtcUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xe556aba6fe6036275ec1f87eda296be72c811bce": {"address": "0xe556aba6fe6036275ec1f87eda296be72c811bce", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 53314980.77633248, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "346", "geckoId": "nusd-2"}, "description": "NUSD is Neutrl's synthetic dollar backed by liquid stablecoins and delta-hedged OTC positions; 1:1 mint/redeem via USDC, USDT, or USDe. The static profile records its US Dollar peg mechanism as: Permissionless 1:1 minting via router against USDC, USDT, or USDe; redemptions are restricted to KYC/KYB-approved counterparties and served from AssetReserve liquidity, while peg support also comes from arbitrage incentives, delta...", "geckoId": "nusd-2", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Accountable currently shows reserves concentrated in liquid stablecoins, with smaller OTC aggregate and other hedged reserve assets; Neutrl describes NUSD as a fully collateralized synthetic dollar backed by delta-neutral strategies and... Reserve evidence: Real-Time PoR from Accountable.", "name": "Neutrl USD", "pharos": {"id": "nusd-neutrl", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "backing", "score": 61.247985}, "url": "https://pharos.watch/stablecoin/nusd-neutrl"}, "research": [], "symbol": "NUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xe6a537a407488807f0bbeb0038b79004f19dddfb": {"address": "0xe6a537a407488807f0bbeb0038b79004f19dddfb", "bluechip": null, "chain": "polygon", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Celo", "Polygon", "Gnosis", "Moonbeam"], "chainCount": 4, "defillamaId": "365", "geckoId": "brla-digital-brla"}, "description": "BRLA is a stablecoin pegged 1:1 to the Brazilian Real (BRL), issued by Avenia and backed by audited fiat reserves.", "geckoId": "brla-digital-brla", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "BRLA can be minted and redeemed 1:1 for Brazilian Reais. Reserves are held in Brazil and audited by a third-party firm.", "name": "BRLA Digital", "pharos": {"id": "brla-brla-digital", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "exit", "score": 47.69}, "url": "https://pharos.watch/stablecoin/brla-brla-digital"}, "research": [], "symbol": "BRLA", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xe72fe64840f4ef80e3ec73a1c749491b5c938cb9": {"address": "0xe72fe64840f4ef80e3ec73a1c749491b5c938cb9", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "nTBILL is Nest's NAV-accreting Treasury vault token, routing into Janus Henderson JTRSY and Superstate USTB short-duration T-bill exposure. The static profile records its US Dollar peg mechanism as: Vault LP token whose value targets a dollar base and accretes through underlying Treasury fund NAV; primary mint and redemption occur through Nest at vault NAV against USDC and pUSD", "geckoId": "nest-treasury-vault", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies nTBILL backing as Real-World Asset Backed. Collateral, per the static profile: Tokenised short-duration U.S. Treasury exposure routed by Nest into Janus Henderson JTRSY and Superstate USTB positions, plus a small stablecoin liquidity buffer Reserve evidence: live reserve feed configured.", "name": "Nest Treasury Vault", "pharos": {"id": "ntbill-nest", "grade": "F", "score": 34, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/ntbill-nest"}, "research": [], "symbol": "nTBILL", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xe7c3d8c9a439fede00d2600032d5db0be71c3c29": {"address": "0xe7c3d8c9a439fede00d2600032d5db0be71c3c29", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Kaia", "Polygon", "Ethereum", "Avalanche"], "chainCount": 4, "defillamaId": "355", "geckoId": "jpycoin"}, "description": "JPYC is JPYC Inc.'s centralized yen stablecoin, backed 1:1 by JPY deposits and Japanese government bonds under a Type II Funds Transfer Service license. The static profile records its Japanese Yen peg mechanism as: Direct 1:1 redemption for JPY through JPYC Inc. via the JPYC EX platform; issuance and redemption via bank transfer after KYC; JPYC Inc. holds a Type II Funds Transfer Service Provider license under Japan's Payment Services Act", "geckoId": "jpycoin", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies JPYC backing as Real-World Asset Backed. Collateral, per the static profile: Japanese yen deposits and Japanese government bonds (100% backed) Reserve evidence: live reserve feed configured.", "name": "JPY Coin", "pharos": {"id": "jpyc-jpyc", "grade": "D", "score": 49, "weakestPillar": {"pillar": "backing", "score": 48.8}, "url": "https://pharos.watch/stablecoin/jpyc-jpyc"}, "research": [], "symbol": "JPYC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xe820c06321e60d36257c666643fa5436643445e3": {"address": "0xe820c06321e60d36257c666643fa5436643445e3", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 50005416.819794044, "chains": ["Tron", "Ethereum"], "chainCount": 2, "defillamaId": "409", "geckoId": "usdkg"}, "description": "USDKG is Gold Dollar's Kyrgyz-Republic-licensed dollar stablecoin backed by ~376 kg of physical LBMA gold bars custodied via state enterprise Kyrgyzaltyn. The static profile records its US Dollar peg mechanism as: 1:1 mint and redemption against USD, Kyrgyzstani som, physical gold, or approved cryptocurrencies through Gold Dollar; KYC/AML verification required for all redemptions", "geckoId": "usdkg", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDKG backing as Real-World Asset Backed. Collateral, per the static profile: Physical gold bars (~376 kg, 30 bars) sourced from the Kyrgyz Ministry of Finance via state gold enterprise Kyrgyzaltyn (LBMA Good Delivery listed); stored in sealed boxes at an unnamed bank under custody of LLC Virelint Group Reserve evidence: Independent Audit from Kreston Global.", "name": "USDKG", "pharos": {"id": "usdkg-gold-dollar", "grade": "D", "score": 44, "weakestPillar": {"pillar": "exit", "score": 40.62}, "url": "https://pharos.watch/stablecoin/usdkg-gold-dollar"}, "research": [], "symbol": "USDKG", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xe8537a3d056da446677b9e9d6c5db704eaab4787": {"address": "0xe8537a3d056da446677b9e9d6c5db704eaab4787", "bluechip": null, "chain": "celo", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Celo"], "chainCount": 1, "defillamaId": "199", "geckoId": "celo-real-creal"}, "description": "BRLm is a decentralized, over-collateralized algorithmic stablecoin that tracks the value of the Brazilian real", "geckoId": "celo-real-creal", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "BRLm is based on Mento, the stability protocol on Celo, and supported by multiple digital assets, including BTC and ETH, in the Mento Reserve.", "name": "Mento Real", "pharos": {"id": "brlm-mento", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "backing", "score": 68.281615372855}, "url": "https://pharos.watch/stablecoin/brlm-mento"}, "research": [], "symbol": "BRLm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xea953ea6634d55dac6697c436b1e81a679db5882": {"address": "0xea953ea6634d55dac6697c436b1e81a679db5882", "bluechip": null, "chain": "bsc", "decimals": 18, "defillama": {"totalCirculating": 57594.151777154286, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "304", "geckoId": "usdu"}, "description": "USDU is Unitas's delta-neutral synthetic dollar; direct USDC mint/redeem is whitelist-restricted, while most users acquire USDu on secondary markets. The static profile records its US Dollar peg mechanism as: Overcollateralized, delta-neutral: long JLP + short perpetuals rebalanced via Copper/Ceffu off-exchange settlement; direct mint/redeem against USDC is restricted to whitelisted participants on Solana and BSC, while retail access is...", "geckoId": "usdu", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDU backing as Crypto-Collateralized. Collateral, per the static profile: Live Accountable reserves split across Binance off-exchange/perp margin and on-chain Solana/BSC reserves; ~10% of protocol fees route to an Insurance Fund Reserve evidence: Real-Time PoR from Accountable.", "name": "Unitas", "pharos": {"id": "usdu-unitas", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 38.81}, "url": "https://pharos.watch/stablecoin/usdu-unitas"}, "research": [], "symbol": "USDU", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xf0b5ceefc89684889e5f7e0a7775bd100fcd3709": {"address": "0xf0b5ceefc89684889e5f7e0a7775bd100fcd3709", "bluechip": null, "chain": "arbitrum", "decimals": 6, "defillama": {"chainCount": 2, "chains": ["BSC", "Solana"], "defillamaId": "252", "geckoId": "standx-dusd", "totalCirculating": null, "ambiguousSymbol": true}, "description": "DUSD is a secure, transparent, democratic Digital Dollar on Arbitrum. All DUSD are 1:1 backed by real dollars.", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Fluid customers who have undergone a verification process can exchange USD for DUSD and redeem DUSD for USD.", "name": "DigitalDollar", "pharos": {"id": "dusd-fluid", "grade": "D", "score": 45, "weakestPillar": {"pillar": "backing", "score": 35}, "url": "https://pharos.watch/stablecoin/dusd-fluid"}, "research": [], "symbol": "DUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xf14f4ce569cb3679e99d5059909e23b07bd2f387": {"address": "0xf14f4ce569cb3679e99d5059909e23b07bd2f387", "bluechip": null, "chain": "avalanche", "decimals": 18, "defillama": {"totalCirculating": 7702788.144502888, "chains": ["Avalanche", "Polygon"], "chainCount": 2, "defillamaId": "103", "geckoId": "nxusd"}, "description": "NXUSD is a Nereus Finance overcollateralized CDP issued on Avalanche and Polygon; the token has shown a sustained soft-depeg pattern between $0.95 and $1.01. The static profile records its US Dollar peg mechanism as: Borrowed stablecoin minted against overcollateralized deposits in Nereus markets and repaid or liquidated through protocol rules", "geckoId": "nxusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies NXUSD backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized Nereus Finance lending positions, primarily Avalanche ecosystem crypto collateral Reserve evidence: live reserve feed configured.", "name": "NXUSD", "pharos": {"id": "nxusd-nereus", "grade": "F", "score": 39, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/nxusd-nereus"}, "research": [], "symbol": "NXUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xf197ffc28c23e0309b5559e7a166f2c6164c80aa": {"address": "0xf197ffc28c23e0309b5559e7a166f2c6164c80aa", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": null, "description": "MXNB is backed by segregated MXN cash, cash equivalents, and short-term Mexican government securities and issued under El Salvador's CNAD. The static profile records its Mexican Peso peg mechanism as: 1:1 MXN fiat-collateralized stablecoin; Juno/MXNB materials describe reserve parity, token burn/redemption through issuer rails, and quarterly third-party attestations confirming reserves exceed circulating supply", "geckoId": "mxnb", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies MXNB backing as Real-World Asset Backed. Collateral, per the static profile: Mexican peso cash, cash-equivalent assets, and short-term Mexican government securities held through segregated custodial accounts; beginning April 8, 2026, MXNB is issued by Nvio Pagos El Salvador, S.A. de C.V., an authorised... Reserve evidence: Independent Audit from BDO Mexico (Castillo Miranda y Compania).", "name": "MXNB", "pharos": {"id": "mxnb-juno", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 52.3}, "url": "https://pharos.watch/stablecoin/mxnb-juno"}, "research": [], "symbol": "MXNB", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xf3e4872e6a4cf365888d93b6146a2baa7348f1a4": {"address": "0xf3e4872e6a4cf365888d93b6146a2baa7348f1a4", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": null, "description": "SLVon is Ondo's tokenized iShares Silver Trust exposure, a NAV-style ETF tracker for non-U.S. investors rather than a $1 stablecoin. The static profile records its US Dollar peg mechanism as: NAV-style tokenized ETF tracker rather than a $1 peg; subscriptions, redemptions, and market pricing follow the underlying SLV economic exposure through Ondo Global Markets and eligible investor flows", "geckoId": "ishares-silver-trust-ondo-tokenized-stock", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies SLVon backing as Real-World Asset Backed. Collateral, per the static profile: Ondo Global Markets tokenized ETF exposure referencing iShares Silver Trust (SLV), designed to provide economic exposure to the underlying publicly traded ETF through Ondo GM rather than direct ownership of ETF shares Reserve evidence: Independent Audit from Ankura Trust Company.", "name": "iShares Silver Trust (Ondo Tokenized)", "pharos": {"id": "slvon-ondo", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 40.62}, "url": "https://pharos.watch/stablecoin/slvon-ondo"}, "research": [], "symbol": "SLVon", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xf4c13d631450de6b12a19829e37c8e2826891dc4": {"address": "0xf4c13d631450de6b12a19829e37c8e2826891dc4", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 125793364.15519008, "chains": ["Avalanche", "Monad"], "chainCount": 2, "defillamaId": "271", "geckoId": "avant-usd"}, "description": "Avant’s flagship stable value token, minted when users deposit USDC. avUSD can be redeemed for USDC, but receives no yield.", "geckoId": "avant-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Minted when users deposit USDC. avUSD can be redeemed for USDC", "name": "Avant USD", "pharos": {"id": "avusd-avant", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/avusd-avant"}, "research": [], "symbol": "avUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xf7d85ec4e7710f71992752eac2111312e73e9c9c": {"address": "0xf7d85ec4e7710f71992752eac2111312e73e9c9c", "bluechip": null, "chain": "ethereum", "decimals": 6, "defillama": {"totalCirculating": 4356314.256523517, "chains": ["Ethereum"], "chainCount": 1, "defillamaId": "421", "geckoId": "flying-tulip-usd"}, "description": "ftUSD is Flying Tulip's dollar-pegged token designed for stability first, usable as a composable on-chain dollar with optional yield when staked as sftUSD.", "geckoId": "flying-tulip-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "ftUSD is minted by depositing a stablecoin such as USDC or USDT, and redeemed by converting ftUSD back to the input asset at the prevailing rate; holders can stake ftUSD as sftUSD to earn yield.", "name": "Flying Tulip USD", "pharos": {"id": "ftusd-flying-tulip", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/ftusd-flying-tulip"}, "research": [], "symbol": "ftUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xf8750b54d86be7ae9e32b4a0c826811198d63313": {"address": "0xf8750b54d86be7ae9e32b4a0c826811198d63313", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 21749658.128281448, "chains": ["Flare", "Songbird", "Ethereum"], "chainCount": 3, "defillamaId": "263", "geckoId": "hex-trust-usdx"}, "description": "USDX is Hex Trust's U.S. dollar stablecoin redeemable 1:1, backed by 1-3 month U.S. Treasury bills and cash at tier-1 banks under Hong Kong issuer disclosures. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Hex Trust", "geckoId": "hex-trust-usdx", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDX backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents, primarily 1–3 month U.S. Treasury bills held at global tier-1 financial institutions Reserve evidence: live reserve feed configured.", "name": "Hex Trust USDX", "pharos": {"id": "usdx-hex-trust", "grade": "F", "score": 12, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/usdx-hex-trust"}, "research": [], "symbol": "USDX", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xf939e0a03fb07f59a73314e73794be0e57ac1b4e": {"address": "0xf939e0a03fb07f59a73314e73794be0e57ac1b4e", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 229959009.4314602, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Base", "Fraxtal", "Sonic", "Polygon", "Gnosis", "ZKsync Era", "BSC", "Taiko", "Waves"], "chainCount": 12, "defillamaId": "110", "geckoId": "crvusd"}, "description": "crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar", "geckoId": "crvusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Users deposit collateral to borrow crvUSD", "name": "crvUSD", "pharos": {"id": "crvusd-curve", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 68.76}, "url": "https://pharos.watch/stablecoin/crvusd-curve"}, "research": [{"author": "LlamaRisk", "date": "2025-02-20T00:34:11+00:00", "source": "LlamaRisk", "title": "Curve Market Health Scores Methodology", "url": "https://llamarisk.substack.com/p/curve-market-health-scores-methodology"}, {"author": "LlamaRisk", "date": "2024-12-18T21:49:24+00:00", "source": "LlamaRisk", "title": "Pegkeeper Onboarding Review: First Digital FDUSD", "url": "https://llamarisk.substack.com/p/pegkeeper-onboarding-review-first"}, {"author": "LlamaRisk", "date": "2024-06-04T21:41:39+00:00", "source": "LlamaRisk", "title": "Sturdy crvUSD Aggregator: Interest Rate Model Upgrade", "url": "https://llamarisk.substack.com/p/sturdy-crvusd-aggregator-interest"}], "symbol": "crvUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xf9fb20b8e097904f0ab7d12e9dbee88f2dcd0f16": {"address": "0xf9fb20b8e097904f0ab7d12e9dbee88f2dcd0f16", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 4648977.393694746, "chains": ["Solana", "Ethereum", "Polygon", "Base", "EthereumClassic", "Stellar", "Celo", "Avalanche", "Arbitrum", "OP Mainnet", "Tempo"], "chainCount": 11, "defillamaId": "324", "geckoId": "stable-coin-2"}, "description": "Stable Coin (SBC) is a payments-focused stablecoin issued by Brale and Stable Coin Inc. It emphasizes redeemability, regulatory compliance, and transparency, offering a reliable USD-pegged asset supported by tools that enable seamless, gasless payment integrations.", "geckoId": "stable-coin-2", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "SBC can be minted and redeemed directly through Brale’s platform under standard KYC/AML requirements. All tokens are fully backed and redeemable 1:1, ensuring transparent and compliant issuance aligned with established financial practices", "name": "Stable Coin", "pharos": {"id": "sbc-brale", "grade": "C-", "score": 51, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/sbc-brale"}, "research": [], "symbol": "SBC", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xfa2b947eec368f42195f24f36d2af29f7c24cec2": {"address": "0xfa2b947eec368f42195f24f36d2af29f7c24cec2", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 1172987915.4446719, "chains": ["Ethereum", "BSC"], "chainCount": 2, "defillamaId": "246", "geckoId": "falcon-finance"}, "description": "USDf is Falcon Finance's overcollateralized synthetic dollar minted 1:1 from stablecoins or via dynamic ratios against BTC, ETH, SOL, and altcoin collateral. The static profile records its US Dollar peg mechanism as: Overcollateralized synthetic dollar; liquidation mechanisms and arbitrage maintain the $1 peg; delta-neutral strategies power sUSDf yield", "geckoId": "falcon-finance", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDf backing as Crypto-Collateralized. Collateral, per the static profile: Crypto assets backing USDf and the USDf Earn strategy, including BTC and stablecoins, with delta-neutral hedging on centralized exchanges; tokenized real-world assets (USTB, JAAA, JTRSY, plus tokenized gold/equities/CETES) accepted with... Reserve evidence: Real-Time PoR from ht.digital.", "name": "Falcon USD", "pharos": {"id": "usdf-falcon", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "backing", "score": 56.307861396209994}, "url": "https://pharos.watch/stablecoin/usdf-falcon"}, "research": [], "symbol": "USDf", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xfaea5f3404bba20d3cc2f8c4b0a888f55a3c7313": {"address": "0xfaea5f3404bba20d3cc2f8c4b0a888f55a3c7313", "bluechip": null, "chain": "celo", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Celo"], "chainCount": 1, "defillamaId": "372", "geckoId": "celo-ghanaian-cedi"}, "description": "GHSm is a GHS-pegged synthetic stablecoin on Celo, part of the Mento Protocol. It is minted via Liquity v2-style CDPs: users deposit USDm as collateral and borrow GHSm against it.", "geckoId": "celo-ghanaian-cedi", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "GHSm is minted by depositing collateral into a Mento CDP (trove) and borrowing GHSm against it. Repaying the borrowed GHSm closes or reduces the trove and releases the USDm collateral.", "name": "Mento Ghanaian Cedi", "pharos": {"id": "ghsm-mento", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/ghsm-mento"}, "research": [], "symbol": "GHSm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xfafddbb3fc7688494971a79cc65dca3ef82079e7": {"address": "0xfafddbb3fc7688494971a79cc65dca3ef82079e7", "bluechip": null, "chain": "megaeth", "decimals": 18, "defillama": {"totalCirculating": 18336524.353158034, "chains": ["MegaETH", "Ethereum"], "chainCount": 2, "defillamaId": "342", "geckoId": "megausd"}, "description": "USDM is MegaETH's dollar stablecoin issued on Ethena's USDtb rails, backed ~90% by BlackRock BUIDL tokenized Treasuries; reserve yield funds sequencer costs. The static profile records its US Dollar peg mechanism as: Issued on Ethena's USDtb rails; reserve yield funds MegaETH sequencer costs", "geckoId": "megausd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies USDM backing as Real-World Asset Backed. Collateral, per the static profile: ~90% USDtb (BlackRock BUIDL tokenized Treasuries via Securitize) with liquid stablecoins for redemptions Reserve evidence: curated reserve profile.", "name": "MegaUSD", "pharos": {"id": "usdm-mega", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 42.50000000000001}, "url": "https://pharos.watch/stablecoin/usdm-mega"}, "research": [], "symbol": "USDM", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xfc7e56298657b002b3e656400e746b7212912757": {"address": "0xfc7e56298657b002b3e656400e746b7212912757", "bluechip": null, "chain": "zksync", "decimals": 6, "defillama": {"totalCirculating": 1178535.4772948518, "chains": ["ZKsync Era"], "chainCount": 1, "defillamaId": "151", "geckoId": null}, "description": "zkUSD is an algorithmic stablecoin whose value is pegged to the US Dollar. The peg is maintained by an algorithmic over-collateralization of assets. This means that the value of zkUSD is kept stable at $1 by always having more assets within the sportsbook backing it than its value, ensuring that it is a stable medium of exchange within the Goal3 sportsbook.", "geckoId": null, "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "The official mint/redemption gateway is the Goal3 Portal. 1 $zkUSD can always be redeemed through the portal into 1 USDC. Other venues of exchange for $zkUSD include SyncSwap and MEXC exchange.", "name": "zkUSD Dollar", "pharos": {"id": "zkusd-goal3", "grade": "F", "score": 15, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/zkusd-goal3"}, "research": [], "symbol": "zkUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xfcbd14dc51f0a4d49d5e53c2e0950e0bc26d0dce": {"address": "0xfcbd14dc51f0a4d49d5e53c2e0950e0bc26d0dce", "bluechip": null, "chain": "berachain", "decimals": 18, "defillama": {"totalCirculating": 7804908.727765798, "chains": ["Berachain"], "chainCount": 1, "defillamaId": "231", "geckoId": "honey-3"}, "description": "HONEY is Berachain's native stablecoin", "geckoId": "honey-3", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "The initial collateral options will be USDC and BYUSD (pyUSD). New assets used to mint $HONEY can be added via governance", "name": "Honey", "pharos": {"id": "honey-berachain", "grade": "C", "score": 59, "weakestPillar": {"pillar": "exit", "score": 52}, "url": "https://pharos.watch/stablecoin/honey-berachain"}, "research": [], "symbol": "HONEY", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xfd44b35139ae53fff7d8f2a9869c503d987f00d1": {"address": "0xfd44b35139ae53fff7d8f2a9869c503d987f00d1", "bluechip": null, "chain": "monad", "decimals": 18, "defillama": null, "description": "lvUSD is LeverUp's Monad liquidity-layer stablecoin minted against USDC; MON backs the separate LVMON token. The static profile records its US Dollar peg mechanism as: Synthetic stablecoin used inside LeverUp's Monad liquidity layer, with mint, burn, and redemption mechanics tied to the protocol's collateral and trading engine", "geckoId": "leverup-usd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies lvUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC collateral supporting LeverUp's liquidity-layer stablecoin (lvUSD) for perpetuals and margin trading; MON collateral backs the separate LVMON token. Reserve evidence: curated reserve profile.", "name": "LeverUp USD", "pharos": {"id": "lvusd-leverup", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/lvusd-leverup"}, "research": [], "symbol": "lvUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xfe0ccc9942e98c963fe6b4e5194eb6e3baa4cb64": {"address": "0xfe0ccc9942e98c963fe6b4e5194eb6e3baa4cb64", "bluechip": null, "chain": "ethereum", "decimals": 18, "defillama": {"totalCirculating": 2150642.2905625096, "chains": ["Sei"], "chainCount": 1, "defillamaId": "236", "geckoId": "syusd"}, "description": "sYUSD is Aegis's staking wrapper of YUSD; share price accrues delta-neutral BTC funding-rate yield with a 7-day cooldown before YUSD can be withdrawn. The static profile records its US Dollar peg mechanism as: Deposit YUSD to receive sYUSD; the exchange rate versus YUSD increases as rewards accrue, while unstaking enters Aegis's documented 7-day cooldown before YUSD can be withdrawn", "geckoId": "staked-yusd", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies sYUSD backing as Crypto-Collateralized. Collateral, per the static profile: YUSD deposited into Aegis's ERC-4626 staking contract; the wrapper remains backed by YUSD while funding-rate income accrues through the rising exchange rate Reserve evidence: Real-Time PoR from Accountable.", "name": "Aegis Staked YUSD", "pharos": {"id": "syusd-aegis", "grade": "F", "score": 12, "weakestPillar": {"pillar": "backing", "score": 55.9295}, "url": "https://pharos.watch/stablecoin/syusd-aegis"}, "research": [], "symbol": "sYUSD", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xff4ab19391af240c311c54200a492233052b6325": {"address": "0xff4ab19391af240c311c54200a492233052b6325", "bluechip": null, "chain": "celo", "decimals": 18, "defillama": {"totalCirculating": null, "chains": ["Celo"], "chainCount": 1, "defillamaId": "360", "geckoId": "celo-canadian-dollar"}, "description": "CADm is Mento's reserve-backed Canadian dollar stablecoin on Celo, issued and retired through the oracle-priced USDm/CADm Broker pool. The static profile records its Canadian Dollar peg mechanism as: CADm is issued through Mento v2's USDm/CADm Broker and BiPoolManager exchange. A USDm-to-CADm swap burns incoming USDm and mints outgoing CADm; the reverse burns CADm and mints USDm. The virtual pool prices swaps from the CAD/USD...", "geckoId": "celo-canadian-dollar", "llamarisk": {"mhsLink": null}, "mintRedeemDescription": "Pharos classifies CADm backing as Crypto-Collateralized. Collateral, per the static profile: Shared Mento Reserve: Mento's pinned analytics configuration classifies CADm as reserve-backed rather than CDP-backed. Its backing is the protocol's diversified, dynamically managed reserve, not USDm locked in a CADm-specific borrower... Reserve evidence: Real-Time PoR from Mento Reserve dashboard.", "name": "Mento Canadian Dollar", "pharos": {"id": "cadm-mento", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "backing", "score": 68.281615372855}, "url": "https://pharos.watch/stablecoin/cadm-mento"}, "research": [], "symbol": "CADm", "telosc": {}, "tidResearchScore": null, "tidresearch": {}}, "0xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9": {"symbol": "USDT", "name": "Tether", "chain": "arbitrum", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x94b008aa00579c1307b0ef2c499ad98a8ce58e58": {"symbol": "USDT", "name": "Tether", "chain": "optimism", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0xc2132d05d31c914a87c6611c10748aeb04b58e8f": {"symbol": "USDT", "name": "Tether", "chain": "polygon", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x9702230a8ea53601f5cd2dc00fdbc13d4df4a8c7": {"symbol": "USDT", "name": "Tether", "chain": "avalanche", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x55d398326f99059ff775485246999027b3197955": {"symbol": "USDT", "name": "Tether", "chain": "bsc", "decimals": 18, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x48065fbbe25f71c9282ddf5e1cd6d6a887483d5e": {"symbol": "USDT", "name": "Tether", "chain": "celo", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0xd077a400968890eacc75cdc901f0356c943e4fdb": {"symbol": "USDT", "name": "Tether", "chain": "klaytn", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x919c1c267bc06a7039e03fcc2ef738525769109c": {"symbol": "USDT", "name": "Tether", "chain": "kava", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0xf55bec9cafdbe8730f096aa55dad6d22d44099df": {"symbol": "USDT", "name": "Tether", "chain": "scroll", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x049d68029688eabf473097a2fc38ef61633a3c7a": {"symbol": "USDT", "name": "Tether", "chain": "fantom", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x779ded0c9e1022225f8e0630b35a9b54be713736": {"symbol": "USDT", "name": "Tether", "chain": "mantle", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x0200c29006150606b650577bbe7b6248f58470c1": {"symbol": "USDT", "name": "Tether", "chain": "ink", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x9151434b16b9763660705744891fa906f660ecc5": {"symbol": "USDT", "name": "Tether", "chain": "unichain", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0xb8ce59fc3717ada4c02eadf9682a9e934f625ebb": {"symbol": "USDT", "name": "Tether", "chain": "hyperevm", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0xe7cd86e13ac4309349f30b3435a9d337750fc82d": {"symbol": "USDT", "name": "Tether", "chain": "monad", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x2dca96907fde857dd3d816880a0df407eeb2d2f2": {"symbol": "USDT", "name": "Tether", "chain": "katana", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x4ecaba5870353805a9f068101a40e0f32ed605c6": {"symbol": "USDT", "name": "Tether", "chain": "gnosis", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x0cb6f5a34ad42ec934882a05265a7d5f59b51a2f": {"symbol": "USDT", "name": "Tether", "chain": "pulsechain", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0xb44a9b6905af7c801311e8f4e76932ee959c663c": {"symbol": "USDT", "name": "Tether", "chain": "moonriver", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0xd4b5f10d61916bd6e0860144a91ac658de8a1437": {"symbol": "USDT", "name": "Tether", "chain": "xdc", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x2def195713cf4a606b49d07e520e22c17899a736": {"symbol": "USDT", "name": "Tether", "chain": "taiko", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x674843c06ff83502ddb4d37c2e09c01cda38cbc8": {"symbol": "USDT", "name": "Tether", "chain": "flow", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0xa219439258ca9da29e9cc4ce5596924745e12b93": {"symbol": "USDT", "name": "Tether", "chain": "linea", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x493257fd37edb34451f62edf8d2a0c418852ba4c": {"symbol": "USDT", "name": "Tether", "chain": "zksync", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0xf0f161fda2712db8b566946122a5af183995e2ed": {"symbol": "USDT", "name": "Tether", "chain": "mode", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0xf417f5a458ec102b90352f697d6e2ac3a3d2851f": {"symbol": "USDT", "name": "Tether", "chain": "manta", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x5de1677344d3cb0d7d465c10b72a8f60699c062d": {"symbol": "USDT", "name": "Tether", "chain": "boba", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0xaf37e8b6c9ed7f6318979f56fc287d76c30847ff": {"symbol": "USDT", "name": "Tether", "chain": "conflux", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x20c00000000000000000000014f22ca97301eb73": {"symbol": "USDT", "name": "Tether", "chain": "tempo", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0x00000000000000000000000000000000009ce723": {"symbol": "USDT", "name": "Tether", "chain": "hedera", "decimals": 6, "pharos": {"id": "usdt-tether", "grade": "A+", "score": 87, "weakestPillar": {"pillar": "backing", "score": 74.74825887499999}, "url": "https://pharos.watch/stablecoin/usdt-tether"}, "defillama": {"totalCirculating": 182980797499.16998, "chains": ["Tron", "Ethereum", "BSC", "Solana", "Aptos", "Arbitrum", "Polygon", "TON", "Plasma", "Mantle", "Avalanche", "Kaia", "OP Mainnet", "X Layer", "Hyperliquid L1", "Monad", "Fantom", "Celo", "Near", "Ink", "Kava", "Tezos", "Berachain", "Polkadot", "Mixin", "Flare", "Conflux", "Stable", "OKTChain", "KCC", "Tempo", "Sui", "Linea", "Morph", "Unichain", "Injective", "Katana", "PulseChain", "Scroll", "Starknet", "Sei", "Rootstock", "ZKsync Era", "CORE", "Manta", "ICP", "MegaETH", "Vaulta", "Metis", "Aurora", "Abstract", "EDU Chain", "IoTeX", "Gnosis", "Movement", "Algorand", "Moonriver", "Redbelly", "Osmosis", "Soneium", "Peaq", "Etherlink", "MultiversX", "Stacks", "Canto", "IOTA EVM", "Bittorrent", "Oasis Emerald", "Mode", "ThunderCore", "Hemi", "Wanchain", "Kusama", "Moonbeam", "Waves", "Telos", "Gravity by Galxe", "Astar", "Viction", "Meter", "Boba", "Zircuit", "Hedera", "Fuse", "Cardano", "Immutable zkEVM", "MANTRA", "Syscoin", "XDC", "Taiko", "ApeChain", "GOAT", "Somnia", "Plume Mainnet", "Citrea", "EthereumClassic", "Shiden", "Data Network", "LightLink", "Flow", "Theta", "Vana", "Nibiru", "Arbitrum Nova", "0G", "Zora", "Corn", "Zilliqa", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Ontology", "Rari", "Kardia", "Crab", "Harmony", "Dogechain", "Heco", "ZKsync Lite", "Terra Classic", "NEO", "Swellchain", "Everscale", "Loopring", "Reinetwork", "Statemine", "Glue", "Omni", "Rls"], "chainCount": 130, "defillamaId": "1", "geckoId": "tether"}, "description": "USDT (Tether) is the largest dollar stablecoin, mostly backed by short-term U.S. Treasuries with a centralized issuer and quarterly attestations. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Tether. Supply figures include USDT0 (omnichain variant via LayerZero lock-and-mint) deployed on 20+ additional chains", "mintRedeemDescription": "Pharos classifies USDT backing as Real-World Asset Backed. Collateral, per the static profile: Q1 2026 attestation: $191.77B total assets vs $183.54B liabilities; about $141B direct/indirect U.S. Treasury bill exposure, $20B physical gold, $7B Bitcoin, and an $8.23B excess reserve buffer. Reserve evidence: Independent Audit from BDO Italia."}, "0xaf88d065e77c8cc2239327c5edb3a432268e5831": {"symbol": "USDC", "name": "USD Coin", "chain": "arbitrum", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x833589fcd6edb6e08f4c7c32d4f71b54bda02913": {"symbol": "USDC", "name": "USD Coin", "chain": "base", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x0b2c639c533813f4aa9d7837caf62653d097ff85": {"symbol": "USDC", "name": "USD Coin", "chain": "optimism", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x3c499c542cef5e3811e1192ce70d8cc03d5c3359": {"symbol": "USDC", "name": "USD Coin", "chain": "polygon", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xb97ef9ef8734c71904d8002f8b6bc66dd9c48a6e": {"symbol": "USDC", "name": "USD Coin", "chain": "avalanche", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xceba9300f2b948710d2653dd7b07f33a8b32118c": {"symbol": "USDC", "name": "USD Coin", "chain": "celo", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xddafbb505ad214d7b80b1f830fccc89b60fb7a83": {"symbol": "USDC", "name": "USD Coin", "chain": "gnosis", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x1d17cbcf0d6d143135ae902365d2e5e2a16538d4": {"symbol": "USDC", "name": "USD Coin", "chain": "zksync", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x29219dd400f2bf60e5a23d13be72b486d4038894": {"symbol": "USDC", "name": "USD Coin", "chain": "sonic", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xe15fc38f6d8c56af07bbcbe3baf5708a2bf42392": {"symbol": "USDC", "name": "USD Coin", "chain": "sei", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x79a02482a880bce3f13e09da970dc34db4cd24d1": {"symbol": "USDC", "name": "USD Coin", "chain": "worldchain", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x078d782b760474a361dda0af3839290b0ef57ad6": {"symbol": "USDC", "name": "USD Coin", "chain": "unichain", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x2d270e6886d130d724215a266106e6832161eaed": {"symbol": "USDC", "name": "USD Coin", "chain": "ink", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xe3f5a90f9cb311505cd691a46596599aa1a0ad7d": {"symbol": "USDC", "name": "USD Coin", "chain": "moonriver", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x222365ef19f7947e5484218551b56bb3965aa7af": {"symbol": "USDC", "name": "USD Coin", "chain": "plume", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xb88339cb7199b77e23db6e890353e22632ba630f": {"symbol": "USDC", "name": "USD Coin", "chain": "hyperevm", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x754704bc059f8c67012fed69bc8a327a5aafb603": {"symbol": "USDC", "name": "USD Coin", "chain": "monad", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xfa2958cb79b0491cc627c1557f441ef849ca8eb1": {"symbol": "USDC", "name": "USD Coin", "chain": "xdc", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x3d7f2c478aafdb65542bcb44bceec05849999d2d": {"symbol": "USDC", "name": "USD Coin", "chain": "cronos", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x09bc4e0d864854c6afb6eb9a9cdf58ac190d0df9": {"symbol": "USDC", "name": "USD Coin", "chain": "mantle", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x176211869ca2b568f2a7d4ee941e073a821ee1ff": {"symbol": "USDC", "name": "USD Coin", "chain": "linea", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x06efdbff2a14a7c8e15944d1f4a48f9f95f663a4": {"symbol": "USDC", "name": "USD Coin", "chain": "scroll", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x796ea11fa2dd751ed01b53c372ffdb4aaa8f00f9": {"symbol": "USDC", "name": "USD Coin", "chain": "etherlink", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x15d38573d2feeb82e7ad5187ab8c1d52810b1f07": {"symbol": "USDC", "name": "USD Coin", "chain": "pulsechain", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x84a71ccd554cc1b02749b35d22f684cc8ec987e1": {"symbol": "USDC", "name": "USD Coin", "chain": "abstract", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x549943e04f40284185054145c6e4e9568c1d3241": {"symbol": "USDC", "name": "USD Coin", "chain": "berachain", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x203a662b0bd271a6ed5a60edfbd04bfce608fd36": {"symbol": "USDC", "name": "USD Coin", "chain": "katana", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xd996633a415985dbd7d6d12f4a4343e31f5037cf": {"symbol": "USDC", "name": "USD Coin", "chain": "codex", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x98d2919b9a214e6fa5384ac81e6864ba686ad74c": {"symbol": "USDC", "name": "USD Coin", "chain": "edgechain", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xa00c59ff5a080d2b954d0c75e46e22a0c371235a": {"symbol": "USDC", "name": "USD Coin", "chain": "injective", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xcfb1186f4e93d60e60a8bdd997427d1f33bc372b": {"symbol": "USDC", "name": "USD Coin", "chain": "morph-l2", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x8ac76a51cc950d9822d68b83fe1ad97b32cd580d": {"symbol": "USDC", "name": "USD Coin", "chain": "bsc", "decimals": 18, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x04068da6c83afcfa0e13ba15a6696662335d5b75": {"symbol": "USDC", "name": "USD Coin", "chain": "fantom", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x20c000000000000000000000b9537d11c60e8b50": {"symbol": "USDC", "name": "USD Coin", "chain": "tempo", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x74b7f16337b8972027f6196a17a631ac6de26d22": {"symbol": "USDC", "name": "USD Coin", "chain": "xlayer", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xfa9343c3897324496a05fc75abed6bac29f8a40f": {"symbol": "USDC", "name": "USD Coin", "chain": "kava", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xea32a96608495e54156ae48931a7c20f0dcc1a21": {"symbol": "USDC", "name": "USD Coin", "chain": "metis", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xf1815bd50389c46847f0bda824ec8da914045d14": {"symbol": "USDC", "name": "USD Coin", "chain": "flow", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xfbda5f676cb37624f28265a144a48b0d6e87d3b6": {"symbol": "USDC", "name": "USD Coin", "chain": "flare", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x754288077d0ff82af7a5317c7cb8c444d421d103": {"symbol": "USDC", "name": "USD Coin", "chain": "klaytn", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x6de8acc0d406837030ce4dd28e7c08c5a96a30d2": {"symbol": "USDC", "name": "USD Coin", "chain": "immutable-zkevm", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xba9986d2381edf1da03b0b9c1f8b00dc4aacc369": {"symbol": "USDC", "name": "USD Coin", "chain": "soneium", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xb12bfca5a55806aaf64e99521918a4bf0fc40802": {"symbol": "USDC", "name": "USD Coin", "chain": "aurora", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xb73603c5d87fa094b7314c74ace2e64d165016fb": {"symbol": "USDC", "name": "USD Coin", "chain": "manta", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x818ec0a7fe18ff94269904fced6ae3dae6d6dc0b": {"symbol": "USDC", "name": "USD Coin", "chain": "moonbeam", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x66a2a913e447d6b4bf33efbec43aaef87890fbbc": {"symbol": "USDC", "name": "USD Coin", "chain": "boba", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xbc594cabd205bd993e7ffa6f3e9cea75c1110da5": {"symbol": "USDC", "name": "USD Coin", "chain": "harmony", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xad11a8beb98bbf61dbb1aa0f6d6f2ecd87b35afa": {"symbol": "USDC", "name": "USD Coin", "chain": "hemi", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xd988097fb8612cc24eec14542bc03424c656005f": {"symbol": "USDC", "name": "USD Coin", "chain": "mode", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x0829f361a05d993d5ceb035ca6df3446b060970b": {"symbol": "USDC", "name": "USD Coin", "chain": "nibiru", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x07d83526730c7438048d55a4fc0b850e2aab6f0b": {"symbol": "USDC", "name": "USD Coin", "chain": "taiko", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x5e76be0f4e09057d75140216f70fd4ce3365bb29": {"symbol": "USDC", "name": "USD Coin", "chain": "mantra", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x8a2b28364102bea189d99a475c494330ef2bdd0b": {"symbol": "USDC", "name": "USD Coin", "chain": "stable", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xcca4e6302510d555b654b3eab9c0fcb223bcfdf0": {"symbol": "USDC", "name": "USD Coin", "chain": "viction", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xf8c374ce88a3be3d374e8888349c7768b607c755": {"symbol": "USDC", "name": "USD Coin", "chain": "bitlayer", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xe75d0fb2c24a55ca1e3f96781a2bcc7bdba058f0": {"symbol": "USDC", "name": "USD Coin", "chain": "bob", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xe544e8a38add9b1abf21922090445ba93f74b9e5": {"symbol": "USDC", "name": "USD Coin", "chain": "bsquared", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xe045e6c36cf77faa2cfb54466d71a3aef7bbe839": {"symbol": "USDC", "name": "USD Coin", "chain": "citrea", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xe08ded898d7782b085cd240d7b234063696765ad": {"symbol": "USDC", "name": "USD Coin", "chain": "redbelly", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x74c9f2b00581f1b11aa7ff05aa9f608b7389de67": {"symbol": "USDC", "name": "USD Coin", "chain": "rootstock", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x3b952c8c9c44e8fe201e2b26f6b2200203214cff": {"symbol": "USDC", "name": "USD Coin", "chain": "zircuit", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x6a2d262d56735dba19dd70682b39f6be9a931d98": {"symbol": "USDC", "name": "USD Coin", "chain": "astar", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xdf0b24095e15044538866576754f3c964e902ee6": {"symbol": "USDC", "name": "USD Coin", "chain": "corn", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xa8ce8aee21bc2a48a5ef670afcc9274c7bbbc035": {"symbol": "USDC", "name": "USD Coin", "chain": "polygon-zkevm", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0xc879c018db60520f4355c26ed1a6d572cdac1815": {"symbol": "USDC", "name": "USD Coin", "chain": "pharos", "decimals": 6, "pharos": {"id": "usdc-circle", "grade": "A-", "score": 82, "weakestPillar": {"pillar": "exit", "score": 74.37}, "url": "https://pharos.watch/stablecoin/usdc-circle"}, "defillama": {"totalCirculating": 72133746301.67654, "chains": ["Ethereum", "Solana", "Hyperliquid L1", "Base", "Arbitrum", "Polygon", "BSC", "Avalanche", "Stellar", "Sui", "Monad", "Aptos", "Fantom", "Cronos", "OP Mainnet", "Starknet", "Sonic", "Noble", "XDC", "Near", "Cardano", "Algorand", "Sei", "Hedera", "Ink", "ZKsync Era", "Polkadot", "Tron", "Morph", "Mantle", "Linea", "Unichain", "Osmosis", "World Chain", "Celo", "PulseChain", "Gnosis", "Etherlink", "Katana", "Tempo", "Stacks", "Injective", "MultiversX", "Pharos", "X Layer", "Plume Mainnet", "Scroll", "Abstract", "Kava", "Berachain", "XRPL", "Metis", "Canto", "Moonriver", "Flare", "Kaia", "Flow", "Immutable zkEVM", "IoTeX", "Soneium", "Mixin", "Aurora", "edgeX L1", "KCC", "Manta", "ICP", "Moonbeam", "Wanchain", "Boba", "Doma", "Fogo", "Data Network", "DFK", "Gensyn", "Astar", "CORE", "Mode", "Lisk", "Citrea", "Meter", "Telos", "Movement", "Gravity by Galxe", "Hemi", "Somnia", "ApeChain", "IOTA EVM", "Arbitrum Nova", "Zircuit", "Taiko", "GateLayer", "OKTChain", "Rootstock", "EDU Chain", "BSquared", "Syscoin", "MANTRA", "Peaq", "Shape", "Fuse", "BOB", "Redbelly", "Bittensor EVM", "Elastos", "ThunderCore", "Superposition", "Zkfair", "Oasis Emerald", "Vana", "Karura", "Bitlayer", "GOAT", "Waves", "LightLink", "Theta", "EthereumClassic", "Stable", "Degen", "Viction", "0G", "Camp Network", "Orderly Network", "Xai", "WEMIX3.0", "Ronin", "Moca", "Corn", "Botanix", "Evmos", "SX Network", "Milkomeda C1", "DefiChain", "Rari", "Kardia", "Crab", "Kadena", "Harmony", "Dogechain", "ZKsync Lite", "Nibiru", "Polygon zkEVM", "Terra Classic", "Perennial", "Everscale", "Horizen", "Edu_chain", "Loopring", "Reinetwork", "Glue", "Codex", "Xc", "Ap3x", "Rls", "Nero"], "chainCount": 154, "defillamaId": "2", "geckoId": "usd-coin"}, "description": "USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle", "mintRedeemDescription": "Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte."}, "0x6491c05a82219b8d1479057361ff1654749b876b": {"symbol": "USDS", "name": "Sky Dollar", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "usds-sky", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/usds-sky"}, "description": "USDS is Sky's upgraded successor to DAI, minted 1:1 from DAI or against the same Maker vault system of RWA, USDC, and crypto collateral. The static profile records its US Dollar peg mechanism as: Peg Stability Modules enabling 1:1 swaps with USDC and DAI", "mintRedeemDescription": "Pharos classifies USDS backing as Crypto-Collateralized. Collateral, per the static profile: Upgraded 1:1 successor to DAI on the same vault system, with current exposure organized across Sky Agent/Star buckets: Stablecoins/PSM around 38%, Spark around 28%, Grove RWA around 23%, Obex around 5%, Core crypto around 4%, Staking... Reserve evidence: live reserve feed configured."}, "0x820c137fa70c8691f0e44dc420a5e53c168921dc": {"symbol": "USDS", "name": "Sky Dollar", "chain": "base", "decimals": 18, "pharos": {"id": "usds-sky", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/usds-sky"}, "description": "USDS is Sky's upgraded successor to DAI, minted 1:1 from DAI or against the same Maker vault system of RWA, USDC, and crypto collateral. The static profile records its US Dollar peg mechanism as: Peg Stability Modules enabling 1:1 swaps with USDC and DAI", "mintRedeemDescription": "Pharos classifies USDS backing as Crypto-Collateralized. Collateral, per the static profile: Upgraded 1:1 successor to DAI on the same vault system, with current exposure organized across Sky Agent/Star buckets: Stablecoins/PSM around 38%, Spark around 28%, Grove RWA around 23%, Obex around 5%, Core crypto around 4%, Staking... Reserve evidence: live reserve feed configured."}, "0x4f13a96ec5c4cf34e442b46bbd98a0791f20edc3": {"symbol": "USDS", "name": "Sky Dollar", "chain": "optimism", "decimals": 18, "pharos": {"id": "usds-sky", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/usds-sky"}, "description": "USDS is Sky's upgraded successor to DAI, minted 1:1 from DAI or against the same Maker vault system of RWA, USDC, and crypto collateral. The static profile records its US Dollar peg mechanism as: Peg Stability Modules enabling 1:1 swaps with USDC and DAI", "mintRedeemDescription": "Pharos classifies USDS backing as Crypto-Collateralized. Collateral, per the static profile: Upgraded 1:1 successor to DAI on the same vault system, with current exposure organized across Sky Agent/Star buckets: Stablecoins/PSM around 38%, Spark around 28%, Grove RWA around 23%, Obex around 5%, Core crypto around 4%, Staking... Reserve evidence: live reserve feed configured."}, "0x7e10036acc4b56d4dfca3b77810356ce52313f9c": {"symbol": "USDS", "name": "Sky Dollar", "chain": "unichain", "decimals": 18, "pharos": {"id": "usds-sky", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/usds-sky"}, "description": "USDS is Sky's upgraded successor to DAI, minted 1:1 from DAI or against the same Maker vault system of RWA, USDC, and crypto collateral. The static profile records its US Dollar peg mechanism as: Peg Stability Modules enabling 1:1 swaps with USDC and DAI", "mintRedeemDescription": "Pharos classifies USDS backing as Crypto-Collateralized. Collateral, per the static profile: Upgraded 1:1 successor to DAI on the same vault system, with current exposure organized across Sky Agent/Star buckets: Stablecoins/PSM around 38%, Spark around 28%, Grove RWA around 23%, Obex around 5%, Core crypto around 4%, Staking... Reserve evidence: live reserve feed configured."}, "0x86ff09db814ac346a7c6fe2cd648f27706d1d470": {"symbol": "USDS", "name": "Sky Dollar", "chain": "avalanche", "decimals": 18, "pharos": {"id": "usds-sky", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/usds-sky"}, "description": "USDS is Sky's upgraded successor to DAI, minted 1:1 from DAI or against the same Maker vault system of RWA, USDC, and crypto collateral. The static profile records its US Dollar peg mechanism as: Peg Stability Modules enabling 1:1 swaps with USDC and DAI", "mintRedeemDescription": "Pharos classifies USDS backing as Crypto-Collateralized. Collateral, per the static profile: Upgraded 1:1 successor to DAI on the same vault system, with current exposure organized across Sky Agent/Star buckets: Stablecoins/PSM around 38%, Spark around 28%, Grove RWA around 23%, Obex around 5%, Core crypto around 4%, Staking... Reserve evidence: live reserve feed configured."}, "0x8f3cf7ad23cd3cadbd9735aff958023239c6a063": {"symbol": "DAI", "name": "Dai", "chain": "polygon", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0xda10009cbd5d07dd0cecc66161fc93d7c9000da1": {"symbol": "DAI", "name": "Dai", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x1af3f329e8be154074d8769d1ffa4ee058b1dbc3": {"symbol": "DAI", "name": "Dai", "chain": "bsc", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0xd586e7f844cea2f87f50152665bcbc2c279d8d70": {"symbol": "DAI", "name": "Dai", "chain": "avalanche", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x8d11ec38a3eb5e956b052f67da8bdc9bef8abf3e": {"symbol": "DAI", "name": "Dai", "chain": "fantom", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. 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When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x50c5725949a6f0c72e6c4a641f24049a917db0cb": {"symbol": "DAI", "name": "Dai", "chain": "base", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x44fa8e6f47987339850636f88629646662444217": {"symbol": "DAI", "name": "Dai", "chain": "gnosis", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x5c74070fdea071359b86082bd9f9b3deaafbe32b": {"symbol": "DAI", "name": "Dai", "chain": "klaytn", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x765277eebeca2e31912c9946eae1021199b39c61": {"symbol": "DAI", "name": "Dai", "chain": "kava", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0xefd766ccb38eaf1dfd701853bfce31359239f305": {"symbol": "DAI", "name": "Dai", "chain": "pulsechain", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x4b9eb6c0b6ea15176bbf62841c6b2a8a398cb656": {"symbol": "DAI", "name": "Dai", "chain": "zksync", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0xf74195bb8a5cf652411867c5c2c5b8c2a402be35": {"symbol": "DAI", "name": "Dai", "chain": "boba", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x4c078361fc9bbb78df910800a991c7c3dd2f6ce0": {"symbol": "DAI", "name": "Dai", "chain": "metis", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x6de33698e9e9b787e09d3bd7771ef63557e148bb": {"symbol": "DAI", "name": "Dai", "chain": "astar", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x4af15ec2a0bd43db75dd04e62faa3b8ef36b00d5": {"symbol": "DAI", "name": "Dai", "chain": "linea", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0xca77eb3fefe3725dc33bccb54edefc3d9f764f97": {"symbol": "DAI", "name": "Dai", "chain": "scroll", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x6b1a73d547f4009a26b8485b63d7015d248ad406": {"symbol": "DAI", "name": "Dai", "chain": "rootstock", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x20cab320a855b39f724131c69424240519573f81": {"symbol": "DAI", "name": "Dai", "chain": "unichain", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x7d02a3e0180451b17e5d7f29ef78d06f8117106c": {"symbol": "DAI", "name": "Dai", "chain": "taiko", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0xef8a24599229d002b28ba2f5c0ebdd3c0effbed4": {"symbol": "DAI", "name": "Dai", "chain": "morph-l2", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x6c851f501a3f24e29a8e39a29591cddf09369080": {"symbol": "DAI", "name": "Dai", "chain": "hemi", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x80a16016cc4a2e6a2caca8a4a498b1699ff0f844": {"symbol": "DAI", "name": "Dai", "chain": "moonriver", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0xef977d2f931c1978db5f6747666fa1eacb0d0339": {"symbol": "DAI", "name": "Dai", "chain": "harmony", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0xe3520349f477a5f6eb06107066048508498a291b": {"symbol": "DAI", "name": "Dai", "chain": "aurora", "decimals": 18, "pharos": {"id": "dai-makerdao", "grade": "A-", "score": 80, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/dai-makerdao"}, "defillama": {"totalCirculating": 4789059760.341194, "chains": ["Ethereum", "Polygon", "Fantom", "BSC", "Arbitrum", "OP Mainnet", "PulseChain", "Avalanche", "Kaia", "Kava", "Near", "Moonriver", "Solana", "Starknet", "Metis", "Boba", "ZKsync Era", "Linea", "Astar", "Osmosis", "Mixin", "Scroll", "Arbitrum Nova", "Aurora", "Moonbeam", "Rootstock", "Gnosis", "KCC", "Syscoin", "Cardano", "Velas", "Shiden", "Unichain", "ThunderCore", "Taiko", "Morph", "Hemi", "Oasis Emerald", "EDU Chain", "Harmony", "ZKsync Lite", "Evmos", "Milkomeda C1", "SX Network", "Terra Classic", "Everscale", "Glue", "Aztec", "Loopring"], "chainCount": 49, "defillamaId": "5", "geckoId": "dai"}, "description": "The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.", "mintRedeemDescription": "Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned."}, "0x111111d2bf19e43c34263401e0cad979ed1cdb61": {"symbol": "USD1", "name": "World Liberty Financial USD", "chain": "plume", "decimals": 18, "pharos": {"id": "usd1-world-liberty-financial", "grade": "C", "score": 55, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/usd1-world-liberty-financial"}, "defillama": {"totalCirculating": 4036659555.1949515, "chains": ["Ethereum", "BSC", "Solana", "Aptos", "Tron", "Monad", "Plume Mainnet", "Abcore"], "chainCount": 8, "defillamaId": "262", "geckoId": "usd1-wlfi"}, "description": "USD1 is World Liberty Financial's Trump-affiliated dollar stablecoin, issued 1:1 via BitGo Trust against short-term Treasuries, MMFs, and cash deposits. The static profile records its US Dollar peg mechanism as: Direct 1:1 mint and redemption through BitGo Trust Company (issuer); arbitrage incentivizes peg maintenance", "mintRedeemDescription": "Pharos classifies USD1 backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. government Treasury bills, U.S. dollar deposits, and other cash equivalents held by BitGo Trust Company Reserve evidence: Real-Time PoR from Crowe LLP / Chainlink."}, "0x5d3a1ff2b6bab83b63cd9ad0787074081a52ef34": {"symbol": "USDe", "name": "Ethena USDe", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "usde-ethena", "grade": "B", "score": 71, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/usde-ethena"}, "description": "USDe is a synthetic dollar that stays near $1 by hedging crypto collateral with equal short positions; funding yield accrues to sUSDe stakers. The static profile records its US Dollar peg mechanism as: Delta-neutral hedging: spot collateral custodied off-exchange (Copper, Ceffu, Anchorage Digital, Kraken) with equal short perpetual positions on CEXes (Binance, Bybit, OKX)", "mintRedeemDescription": "Pharos classifies USDe backing as Crypto-Collateralized. Collateral, per the static profile: Predominantly liquid stablecoins (~77%: USDtb by Ethena backed by BlackRock BUIDL, plus USDC, USDT, pyUSD, and yield-bearing variants deposited in Aave/Morpho) as non-hedged backing; remainder in delta-neutral positions — BTC (~16%) and... Reserve evidence: Real-Time PoR from Chaos Labs / Chainlink / Harris & Trotter / LlamaRisk."}, "0x39fe7a0dacce31bd90418e3e659fb0b5f0b3db0d": {"symbol": "USDe", "name": "Ethena USDe", "chain": "zksync", "decimals": 18, "pharos": {"id": "usde-ethena", "grade": "B", "score": 71, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/usde-ethena"}, "description": "USDe is a synthetic dollar that stays near $1 by hedging crypto collateral with equal short positions; funding yield accrues to sUSDe stakers. The static profile records its US Dollar peg mechanism as: Delta-neutral hedging: spot collateral custodied off-exchange (Copper, Ceffu, Anchorage Digital, Kraken) with equal short perpetual positions on CEXes (Binance, Bybit, OKX)", "mintRedeemDescription": "Pharos classifies USDe backing as Crypto-Collateralized. Collateral, per the static profile: Predominantly liquid stablecoins (~77%: USDtb by Ethena backed by BlackRock BUIDL, plus USDC, USDT, pyUSD, and yield-bearing variants deposited in Aave/Morpho) as non-hedged backing; remainder in delta-neutral positions — BTC (~16%) and... Reserve evidence: Real-Time PoR from Chaos Labs / Chainlink / Harris & Trotter / LlamaRisk."}, "0x004b506865409877c9fa29bfb1eba929984b9bbc": {"symbol": "USDG", "name": "Global Dollar", "chain": "arbitrum", "decimals": 6, "pharos": {"id": "usdg-paxos", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "exit", "score": 73.67}, "url": "https://pharos.watch/stablecoin/usdg-paxos"}, "defillama": {"totalCirculating": 3407164550.702311, "chains": ["X Layer", "Solana", "Ethereum", "Robinhood Chain", "Ink", "Hyperliquid L1"], "chainCount": 6, "defillamaId": "286", "geckoId": "global-dollar"}, "description": "USDG is Paxos's MAS-regulated Global Dollar stablecoin, redeemable 1:1 in USD through Paxos Singapore with reserves at DBS and Standard Chartered. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption for U.S. dollars through Paxos Digital Singapore for KYC-verified users; reserves fully segregated and held at custodian banks; EU issuance by Paxos Issuance Europe OY under MiCA", "mintRedeemDescription": "Pharos classifies USDG backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, short-duration U.S. government securities, and other high-quality liquid assets held in segregated custodial accounts at DBS Bank and Standard Chartered Reserve evidence: Independent Audit from KPMG LLP."}, "0x4ae46a509f6b1d9056937ba4500cb143933d2dc8": {"symbol": "USDG", "name": "Global Dollar", "chain": "xlayer", "decimals": 6, "pharos": {"id": "usdg-paxos", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "exit", "score": 73.67}, "url": "https://pharos.watch/stablecoin/usdg-paxos"}, "defillama": {"totalCirculating": 3407164550.702311, "chains": ["X Layer", "Solana", "Ethereum", "Robinhood Chain", "Ink", "Hyperliquid L1"], "chainCount": 6, "defillamaId": "286", "geckoId": "global-dollar"}, "description": "USDG is Paxos's MAS-regulated Global Dollar stablecoin, redeemable 1:1 in USD through Paxos Singapore with reserves at DBS and Standard Chartered. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption for U.S. dollars through Paxos Digital Singapore for KYC-verified users; reserves fully segregated and held at custodian banks; EU issuance by Paxos Issuance Europe OY under MiCA", "mintRedeemDescription": "Pharos classifies USDG backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, short-duration U.S. government securities, and other high-quality liquid assets held in segregated custodial accounts at DBS Bank and Standard Chartered Reserve evidence: Independent Audit from KPMG LLP."}, "0x5fc5360d0400a0fd4f2af552add042d716f1d168": {"symbol": "USDG", "name": "Global Dollar", "chain": "robinhood", "decimals": 6, "pharos": {"id": "usdg-paxos", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "exit", "score": 73.67}, "url": "https://pharos.watch/stablecoin/usdg-paxos"}, "defillama": {"totalCirculating": 3407164550.702311, "chains": ["X Layer", "Solana", "Ethereum", "Robinhood Chain", "Ink", "Hyperliquid L1"], "chainCount": 6, "defillamaId": "286", "geckoId": "global-dollar"}, "description": "USDG is Paxos's MAS-regulated Global Dollar stablecoin, redeemable 1:1 in USD through Paxos Singapore with reserves at DBS and Standard Chartered. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption for U.S. dollars through Paxos Digital Singapore for KYC-verified users; reserves fully segregated and held at custodian banks; EU issuance by Paxos Issuance Europe OY under MiCA", "mintRedeemDescription": "Pharos classifies USDG backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, short-duration U.S. government securities, and other high-quality liquid assets held in segregated custodial accounts at DBS Bank and Standard Chartered Reserve evidence: Independent Audit from KPMG LLP."}, "0x8d0fa28f221eb5735bc71d3a0da67ee5bc821311": {"symbol": "USYC", "name": "Circle USYC", "chain": "bsc", "decimals": 6, "pharos": {"id": "usyc-hashnote", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 52.09}, "url": "https://pharos.watch/stablecoin/usyc-hashnote"}, "defillama": {"totalCirculating": 3005956397.989573, "chains": ["BSC", "Ethereum"], "chainCount": 2, "defillamaId": "237", "geckoId": "hashnote-usyc"}, "description": "Circle USYC is Circle's tokenized T-bill fund share backed by short-term U.S. Treasuries and reverse repos, redeemable at NAV. The static profile records its US Dollar peg mechanism as: Same-day subscription and redemption via USDC at NAV-based token price", "mintRedeemDescription": "Pharos classifies USYC backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. Treasury bills and reverse repo agreements held for Circle USYC / Hashnote fund shares in segregated brokerage and custody accounts. Reserve evidence: Independent Audit from Cohen and Company."}, "0x46850ad61c2b7d64d08c9c754f45254596696984": {"symbol": "PYUSD", "name": "PayPal USD", "chain": "arbitrum", "decimals": 6, "pharos": {"id": "pyusd-paypal", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/pyusd-paypal"}, "defillama": {"totalCirculating": 2781008847.103174, "chains": ["Ethereum", "Solana", "Arbitrum", "Flow", "Polygon", "Sei", "Berachain", "Cardano", "Avalanche", "Ink", "Tron", "Plume Mainnet", "Abstract", "Stable", "Fraxtal", "OP Mainnet", "Kiteai", "Glue", "Codex"], "chainCount": 19, "defillamaId": "120", "geckoId": "paypal-usd"}, "description": "PYUSD is PayPal's regulated dollar stablecoin issued by Paxos, redeemable 1:1 and backed by U.S. Treasury reverse repos and cash deposits. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through PayPal/Paxos", "mintRedeemDescription": "Pharos classifies PYUSD backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, U.S. Treasury securities, and reverse repurchase agreements Reserve evidence: Independent Audit from KPMG."}, "0x99af3eea856556646c98c8b9b2548fe815240750": {"symbol": "PYUSD", "name": "PayPal USD", "chain": "flow", "decimals": 6, "pharos": {"id": "pyusd-paypal", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/pyusd-paypal"}, "defillama": {"totalCirculating": 2781008847.103174, "chains": ["Ethereum", "Solana", "Arbitrum", "Flow", "Polygon", "Sei", "Berachain", "Cardano", "Avalanche", "Ink", "Tron", "Plume Mainnet", "Abstract", "Stable", "Fraxtal", "OP Mainnet", "Kiteai", "Glue", "Codex"], "chainCount": 19, "defillamaId": "120", "geckoId": "paypal-usd"}, "description": "PYUSD is PayPal's regulated dollar stablecoin issued by Paxos, redeemable 1:1 and backed by U.S. Treasury reverse repos and cash deposits. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through PayPal/Paxos", "mintRedeemDescription": "Pharos classifies PYUSD backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, U.S. Treasury securities, and reverse repurchase agreements Reserve evidence: Independent Audit from KPMG."}, "0x142cdc44890978b506e745bb3bd11607b7f7faef": {"symbol": "PYUSD", "name": "PayPal USD", "chain": "sei", "decimals": 6, "pharos": {"id": "pyusd-paypal", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/pyusd-paypal"}, "defillama": {"totalCirculating": 2781008847.103174, "chains": ["Ethereum", "Solana", "Arbitrum", "Flow", "Polygon", "Sei", "Berachain", "Cardano", "Avalanche", "Ink", "Tron", "Plume Mainnet", "Abstract", "Stable", "Fraxtal", "OP Mainnet", "Kiteai", "Glue", "Codex"], "chainCount": 19, "defillamaId": "120", "geckoId": "paypal-usd"}, "description": "PYUSD is PayPal's regulated dollar stablecoin issued by Paxos, redeemable 1:1 and backed by U.S. Treasury reverse repos and cash deposits. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through PayPal/Paxos", "mintRedeemDescription": "Pharos classifies PYUSD backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, U.S. Treasury securities, and reverse repurchase agreements Reserve evidence: Independent Audit from KPMG."}, "0xa0c9b923f4551f1ec1a49665943160b18704ce06": {"symbol": "PYUSD", "name": "PayPal USD", "chain": "optimism", "decimals": 6, "pharos": {"id": "pyusd-paypal", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/pyusd-paypal"}, "defillama": {"totalCirculating": 2781008847.103174, "chains": ["Ethereum", "Solana", "Arbitrum", "Flow", "Polygon", "Sei", "Berachain", "Cardano", "Avalanche", "Ink", "Tron", "Plume Mainnet", "Abstract", "Stable", "Fraxtal", "OP Mainnet", "Kiteai", "Glue", "Codex"], "chainCount": 19, "defillamaId": "120", "geckoId": "paypal-usd"}, "description": "PYUSD is PayPal's regulated dollar stablecoin issued by Paxos, redeemable 1:1 and backed by U.S. Treasury reverse repos and cash deposits. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through PayPal/Paxos", "mintRedeemDescription": "Pharos classifies PYUSD backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, U.S. Treasury securities, and reverse repurchase agreements Reserve evidence: Independent Audit from KPMG."}, "0x688e72142674041f8f6af4c808a4045ca1d6ac82": {"symbol": "PYUSD", "name": "PayPal USD", "chain": "berachain", "decimals": 6, "pharos": {"id": "pyusd-paypal", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/pyusd-paypal"}, "defillama": {"totalCirculating": 2781008847.103174, "chains": ["Ethereum", "Solana", "Arbitrum", "Flow", "Polygon", "Sei", "Berachain", "Cardano", "Avalanche", "Ink", "Tron", "Plume Mainnet", "Abstract", "Stable", "Fraxtal", "OP Mainnet", "Kiteai", "Glue", "Codex"], "chainCount": 19, "defillamaId": "120", "geckoId": "paypal-usd"}, "description": "PYUSD is PayPal's regulated dollar stablecoin issued by Paxos, redeemable 1:1 and backed by U.S. Treasury reverse repos and cash deposits. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through PayPal/Paxos", "mintRedeemDescription": "Pharos classifies PYUSD backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, U.S. Treasury securities, and reverse repurchase agreements Reserve evidence: Independent Audit from KPMG."}, "0x2d5bdc96d9c8aabbdb38c9a27398513e7e5ef84f": {"symbol": "BUIDL", "name": "BlackRock USD", "chain": "bsc", "decimals": 6, "pharos": {"id": "buidl-blackrock", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/buidl-blackrock"}, "defillama": {"totalCirculating": 2737545705.200449, "chains": ["Ethereum", "Solana", "Avalanche", "BSC", "OP Mainnet", "Aptos", "Polygon", "Arbitrum"], "chainCount": 8, "defillamaId": "173", "geckoId": "blackrock-usd-institutional-digital-liquidity-fund"}, "description": "The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token, is fully backed by cash, U.S. Treasury bills, and repurchase agreements, and will provide yield paid out via blockchain rails every day to token holders, according to a press release.", "mintRedeemDescription": "BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each month. The Fund invests 100% of its total assets in cash, U.S. Treasury bills, and repurchase agreements, allowing investors to earn yield while holding the token on the blockchain. Investors can transfer their tokens 24/7/365 to other pre-approved investors. Fund participants will also have flexible custody options allowing them to choose how to hold their tokens."}, "0xa1cdab15bba75a80df4089cafba013e376957cf5": {"symbol": "BUIDL", "name": "BlackRock USD", "chain": "optimism", "decimals": 6, "pharos": {"id": "buidl-blackrock", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/buidl-blackrock"}, "defillama": {"totalCirculating": 2737545705.200449, "chains": ["Ethereum", "Solana", "Avalanche", "BSC", "OP Mainnet", "Aptos", "Polygon", "Arbitrum"], "chainCount": 8, "defillamaId": "173", "geckoId": "blackrock-usd-institutional-digital-liquidity-fund"}, "description": "The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token, is fully backed by cash, U.S. Treasury bills, and repurchase agreements, and will provide yield paid out via blockchain rails every day to token holders, according to a press release.", "mintRedeemDescription": "BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each month. The Fund invests 100% of its total assets in cash, U.S. Treasury bills, and repurchase agreements, allowing investors to earn yield while holding the token on the blockchain. Investors can transfer their tokens 24/7/365 to other pre-approved investors. Fund participants will also have flexible custody options allowing them to choose how to hold their tokens."}, "0xa6525ae43edcd03dc08e775774dcabd3bb925872": {"symbol": "BUIDL", "name": "BlackRock USD", "chain": "arbitrum", "decimals": 6, "pharos": {"id": "buidl-blackrock", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/buidl-blackrock"}, "defillama": {"totalCirculating": 2737545705.200449, "chains": ["Ethereum", "Solana", "Avalanche", "BSC", "OP Mainnet", "Aptos", "Polygon", "Arbitrum"], "chainCount": 8, "defillamaId": "173", "geckoId": "blackrock-usd-institutional-digital-liquidity-fund"}, "description": "The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token, is fully backed by cash, U.S. Treasury bills, and repurchase agreements, and will provide yield paid out via blockchain rails every day to token holders, according to a press release.", "mintRedeemDescription": "BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each month. The Fund invests 100% of its total assets in cash, U.S. Treasury bills, and repurchase agreements, allowing investors to earn yield while holding the token on the blockchain. Investors can transfer their tokens 24/7/365 to other pre-approved investors. Fund participants will also have flexible custody options allowing them to choose how to hold their tokens."}, "0x53fc82f14f009009b440a706e31c9021e1196a2f": {"symbol": "BUIDL", "name": "BlackRock USD", "chain": "avalanche", "decimals": 6, "pharos": {"id": "buidl-blackrock", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/buidl-blackrock"}, "defillama": {"totalCirculating": 2737545705.200449, "chains": ["Ethereum", "Solana", "Avalanche", "BSC", "OP Mainnet", "Aptos", "Polygon", "Arbitrum"], "chainCount": 8, "defillamaId": "173", "geckoId": "blackrock-usd-institutional-digital-liquidity-fund"}, "description": "The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token, is fully backed by cash, U.S. Treasury bills, and repurchase agreements, and will provide yield paid out via blockchain rails every day to token holders, according to a press release.", "mintRedeemDescription": "BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each month. The Fund invests 100% of its total assets in cash, U.S. Treasury bills, and repurchase agreements, allowing investors to earn yield while holding the token on the blockchain. Investors can transfer their tokens 24/7/365 to other pre-approved investors. Fund participants will also have flexible custody options allowing them to choose how to hold their tokens."}, "0x2893ef551b6dd69f661ac00f11d93e5dc5dc0e99": {"symbol": "BUIDL", "name": "BlackRock USD", "chain": "polygon", "decimals": 6, "pharos": {"id": "buidl-blackrock", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/buidl-blackrock"}, "defillama": {"totalCirculating": 2737545705.200449, "chains": ["Ethereum", "Solana", "Avalanche", "BSC", "OP Mainnet", "Aptos", "Polygon", "Arbitrum"], "chainCount": 8, "defillamaId": "173", "geckoId": "blackrock-usd-institutional-digital-liquidity-fund"}, "description": "The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token, is fully backed by cash, U.S. Treasury bills, and repurchase agreements, and will provide yield paid out via blockchain rails every day to token holders, according to a press release.", "mintRedeemDescription": "BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each month. The Fund invests 100% of its total assets in cash, U.S. Treasury bills, and repurchase agreements, allowing investors to earn yield while holding the token on the blockchain. Investors can transfer their tokens 24/7/365 to other pre-approved investors. Fund participants will also have flexible custody options allowing them to choose how to hold their tokens."}, "0x35e050d3c0ec2d29d269a8ecea763a183bdf9a9d": {"symbol": "USDY", "name": "Ondo US Dollar Yield", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "usdy-ondo-finance", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "exit", "score": 44.08}, "url": "https://pharos.watch/stablecoin/usdy-ondo-finance"}, "defillama": {"totalCirculating": 2140628490.5010877, "chains": ["Ethereum", "Stellar", "Sei", "Solana", "Mantle", "Sui", "Noble", "Osmosis", "Arbitrum", "Aptos", "MANTRA", "Injective", "Penumbra", "Plume Mainnet", "Glue"], "chainCount": 15, "defillamaId": "129", "geckoId": "ondo-us-dollar-yield"}, "description": "USDY is Ondo's yield-bearing dollar token, backed by short-term U.S. Treasuries and bank demand deposits; non-U.S. investor permissioned. The static profile records its US Dollar peg mechanism as: Bank wire redemption at NAV-based price with independent verification and collateral agent oversight", "mintRedeemDescription": "Pharos classifies USDY backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. Treasuries, iShares Short Treasury Bond ETF shares, and bank demand deposits Reserve evidence: Independent Audit from Ankura Trust."}, "0x5be26527e817998a7206475496fde1e68957c5a6": {"symbol": "USDY", "name": "Ondo US Dollar Yield", "chain": "mantle", "decimals": 18, "pharos": {"id": "usdy-ondo-finance", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "exit", "score": 44.08}, "url": "https://pharos.watch/stablecoin/usdy-ondo-finance"}, "defillama": {"totalCirculating": 2140628490.5010877, "chains": ["Ethereum", "Stellar", "Sei", "Solana", "Mantle", "Sui", "Noble", "Osmosis", "Arbitrum", "Aptos", "MANTRA", "Injective", "Penumbra", "Plume Mainnet", "Glue"], "chainCount": 15, "defillamaId": "129", "geckoId": "ondo-us-dollar-yield"}, "description": "USDY is Ondo's yield-bearing dollar token, backed by short-term U.S. Treasuries and bank demand deposits; non-U.S. investor permissioned. The static profile records its US Dollar peg mechanism as: Bank wire redemption at NAV-based price with independent verification and collateral agent oversight", "mintRedeemDescription": "Pharos classifies USDY backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. Treasuries, iShares Short Treasury Bond ETF shares, and bank demand deposits Reserve evidence: Independent Audit from Ankura Trust."}, "0xd2b65e851be3d80d3c2ce795eb2e78f16cb088b2": {"symbol": "USDY", "name": "Ondo US Dollar Yield", "chain": "plume", "decimals": 18, "pharos": {"id": "usdy-ondo-finance", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "exit", "score": 44.08}, "url": "https://pharos.watch/stablecoin/usdy-ondo-finance"}, "defillama": {"totalCirculating": 2140628490.5010877, "chains": ["Ethereum", "Stellar", "Sei", "Solana", "Mantle", "Sui", "Noble", "Osmosis", "Arbitrum", "Aptos", "MANTRA", "Injective", "Penumbra", "Plume Mainnet", "Glue"], "chainCount": 15, "defillamaId": "129", "geckoId": "ondo-us-dollar-yield"}, "description": "USDY is Ondo's yield-bearing dollar token, backed by short-term U.S. Treasuries and bank demand deposits; non-U.S. investor permissioned. The static profile records its US Dollar peg mechanism as: Bank wire redemption at NAV-based price with independent verification and collateral agent oversight", "mintRedeemDescription": "Pharos classifies USDY backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. Treasuries, iShares Short Treasury Bond ETF shares, and bank demand deposits Reserve evidence: Independent Audit from Ankura Trust."}, "0x54cd901491aef397084453f4372b93c33260e2a6": {"symbol": "USDY", "name": "Ondo US Dollar Yield", "chain": "sei", "decimals": 18, "pharos": {"id": "usdy-ondo-finance", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "exit", "score": 44.08}, "url": "https://pharos.watch/stablecoin/usdy-ondo-finance"}, "defillama": {"totalCirculating": 2140628490.5010877, "chains": ["Ethereum", "Stellar", "Sei", "Solana", "Mantle", "Sui", "Noble", "Osmosis", "Arbitrum", "Aptos", "MANTRA", "Injective", "Penumbra", "Plume Mainnet", "Glue"], "chainCount": 15, "defillamaId": "129", "geckoId": "ondo-us-dollar-yield"}, "description": "USDY is Ondo's yield-bearing dollar token, backed by short-term U.S. Treasuries and bank demand deposits; non-U.S. investor permissioned. The static profile records its US Dollar peg mechanism as: Bank wire redemption at NAV-based price with independent verification and collateral agent oversight", "mintRedeemDescription": "Pharos classifies USDY backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. Treasuries, iShares Short Treasury Bond ETF shares, and bank demand deposits Reserve evidence: Independent Audit from Ankura Trust."}, "0x45e51bc23d592eb2dba86da3985299f7895d66ba": {"symbol": "USDD", "name": "USDD", "chain": "bsc", "decimals": 18, "pharos": {"id": "usdd-tron-dao-reserve", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdd-tron-dao-reserve"}, "defillama": {"totalCirculating": 1506781300.2770567, "chains": ["Tron", "Ethereum", "BSC", "Bittorrent"], "chainCount": 4, "defillamaId": "14", "geckoId": "usdd"}, "description": "USDD is the Tron DAO Reserve's CDP-and-PSM stablecoin, designed as overcollateralized but historically traded below peg through multiple stress episodes. The static profile records its US Dollar peg mechanism as: CDP model with minimum 130% collateral ratio; Peg Stability Module enables 1:1 minting/redemption against USDT and USDC", "mintRedeemDescription": "Pharos classifies USDD backing as Crypto-Collateralized. Collateral, per the static profile: Current reserves are split across Smart Allocator stablecoin deployments, TRX and sTRX CDP vault collateral, and USDT held in PSM/direct vaults; Bitcoin was removed from reserves in August 2024 Reserve evidence: Self-Reported PoR."}, "0xb3b02e4a9fb2bd28cc2ff97b0ab3f6b3ec1ee9d2": {"symbol": "USDf", "name": "Falcon USD", "chain": "bsc", "decimals": 18, "pharos": {"id": "usdf-falcon", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "backing", "score": 56.307861396209994}, "url": "https://pharos.watch/stablecoin/usdf-falcon"}, "description": "USDf is Falcon Finance's overcollateralized synthetic dollar minted 1:1 from stablecoins or via dynamic ratios against BTC, ETH, SOL, and altcoin collateral. The static profile records its US Dollar peg mechanism as: Overcollateralized synthetic dollar; liquidation mechanisms and arbitrage maintain the $1 peg; delta-neutral strategies power sUSDf yield", "mintRedeemDescription": "Pharos classifies USDf backing as Crypto-Collateralized. Collateral, per the static profile: Crypto assets backing USDf and the USDf Earn strategy, including BTC and stablecoins, with delta-neutral hedging on centralized exchanges; tokenized real-world assets (USTB, JAAA, JTRSY, plus tokenized gold/equities/CETES) accepted with... Reserve evidence: Real-Time PoR from ht.digital."}, "0x8210c0634ab8f273806e4b7866e9db353773c44b": {"symbol": "USDf", "name": "Falcon USD", "chain": "base", "decimals": 18, "pharos": {"id": "usdf-falcon", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "backing", "score": 56.307861396209994}, "url": "https://pharos.watch/stablecoin/usdf-falcon"}, "description": "USDf is Falcon Finance's overcollateralized synthetic dollar minted 1:1 from stablecoins or via dynamic ratios against BTC, ETH, SOL, and altcoin collateral. The static profile records its US Dollar peg mechanism as: Overcollateralized synthetic dollar; liquidation mechanisms and arbitrage maintain the $1 peg; delta-neutral strategies power sUSDf yield", "mintRedeemDescription": "Pharos classifies USDf backing as Crypto-Collateralized. Collateral, per the static profile: Crypto assets backing USDf and the USDf Earn strategy, including BTC and stablecoins, with delta-neutral hedging on centralized exchanges; tokenized real-world assets (USTB, JAAA, JTRSY, plus tokenized gold/equities/CETES) accepted with... Reserve evidence: Real-Time PoR from ht.digital."}, "0x7dff72693f6a4149b17e7c6314655f6a9f7c8b33": {"symbol": "GHO", "name": "GHO", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "gho-aave", "grade": "B", "score": 71, "weakestPillar": {"pillar": "backing", "score": 63.56895500933}, "url": "https://pharos.watch/stablecoin/gho-aave"}, "defillama": {"totalCirculating": 697933375.0098745, "chains": ["Ethereum", "Monad"], "chainCount": 2, "defillamaId": "118", "geckoId": "gho"}, "description": "GHO is a native decentralized, overcollateralized digital asset pegged to USD.", "mintRedeemDescription": "It is created by users via borrowing against multiple collateral. When user repays their GHO borrow position, the protocol burns that user's GHO. All the interest payments accrued by minters of GHO would be directly transferred to the AaveDAO treasury."}, "0x6bb7a212910682dcfdbd5bcbb3e28fb4e8da10ee": {"symbol": "GHO", "name": "GHO", "chain": "base", "decimals": 18, "pharos": {"id": "gho-aave", "grade": "B", "score": 71, "weakestPillar": {"pillar": "backing", "score": 63.56895500933}, "url": "https://pharos.watch/stablecoin/gho-aave"}, "defillama": {"totalCirculating": 697933375.0098745, "chains": ["Ethereum", "Monad"], "chainCount": 2, "defillamaId": "118", "geckoId": "gho"}, "description": "GHO is a native decentralized, overcollateralized digital asset pegged to USD.", "mintRedeemDescription": "It is created by users via borrowing against multiple collateral. When user repays their GHO borrow position, the protocol burns that user's GHO. All the interest payments accrued by minters of GHO would be directly transferred to the AaveDAO treasury."}, "0xfc421ad3c883bf9e7c4f42de845c4e4405799e73": {"symbol": "GHO", "name": "GHO", "chain": "gnosis", "decimals": 18, "pharos": {"id": "gho-aave", "grade": "B", "score": 71, "weakestPillar": {"pillar": "backing", "score": 63.56895500933}, "url": "https://pharos.watch/stablecoin/gho-aave"}, "defillama": {"totalCirculating": 697933375.0098745, "chains": ["Ethereum", "Monad"], "chainCount": 2, "defillamaId": "118", "geckoId": "gho"}, "description": "GHO is a native decentralized, overcollateralized digital asset pegged to USD.", "mintRedeemDescription": "It is created by users via borrowing against multiple collateral. When user repays their GHO borrow position, the protocol burns that user's GHO. All the interest payments accrued by minters of GHO would be directly transferred to the AaveDAO treasury."}, "0xb77e872a68c62cfc0dfb02c067ecc3da23b4bbf3": {"symbol": "GHO", "name": "GHO", "chain": "plasma", "decimals": 18, "pharos": {"id": "gho-aave", "grade": "B", "score": 71, "weakestPillar": {"pillar": "backing", "score": 63.56895500933}, "url": "https://pharos.watch/stablecoin/gho-aave"}, "defillama": {"totalCirculating": 697933375.0098745, "chains": ["Ethereum", "Monad"], "chainCount": 2, "defillamaId": "118", "geckoId": "gho"}, "description": "GHO is a native decentralized, overcollateralized digital asset pegged to USD.", "mintRedeemDescription": "It is created by users via borrowing against multiple collateral. When user repays their GHO borrow position, the protocol burns that user's GHO. All the interest payments accrued by minters of GHO would be directly transferred to the AaveDAO treasury."}, "0xde6539018b095353a40753dc54c91c68c9487d4e": {"symbol": "GHO", "name": "GHO", "chain": "xlayer", "decimals": 18, "pharos": {"id": "gho-aave", "grade": "B", "score": 71, "weakestPillar": {"pillar": "backing", "score": 63.56895500933}, "url": "https://pharos.watch/stablecoin/gho-aave"}, "defillama": {"totalCirculating": 697933375.0098745, "chains": ["Ethereum", "Monad"], "chainCount": 2, "defillamaId": "118", "geckoId": "gho"}, "description": "GHO is a native decentralized, overcollateralized digital asset pegged to USD.", "mintRedeemDescription": "It is created by users via borrowing against multiple collateral. When user repays their GHO borrow position, the protocol burns that user's GHO. All the interest payments accrued by minters of GHO would be directly transferred to the AaveDAO treasury."}, "0x35f1c5cb7fb977e669fd244c567da99d8a3a6850": {"symbol": "USD0", "name": "Usual USD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "usd0-usual", "grade": "D", "score": 41, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usd0-usual"}, "defillama": {"totalCirculating": 550693977.1225919, "chains": ["Ethereum", "Arbitrum"], "chainCount": 2, "defillamaId": "195", "geckoId": "usual-usd"}, "description": "USD0 is Usual's RWA-backed dollar, collateralized by tokenized U.S. T-bills and cash-equivalent products such as USYC, M by M0, USDtb by Ethena, and USDC. The static profile records its US Dollar peg mechanism as: 1:1 minting by depositing approved RWA tokens (e.g. USYC) directly, or depositing USDC via a gateway; redeemable 1:1 for underlying RWA assets via the DaoCollateral contract at any time; arbitrageurs enforce the peg", "mintRedeemDescription": "Pharos classifies USD0 backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized short-term U.S. Treasury bills and reverse repos, primarily via Hashnote USYC; also M by M0, USDtb by Ethena (via UsualUSDtb wrapper), and indirect USDC gateway liquidity Reserve evidence: live reserve feed configured."}, "0x758a3e0b1f842c9306b783f8a4078c6c8c03a270": {"symbol": "USD0", "name": "Usual USD", "chain": "base", "decimals": 18, "pharos": {"id": "usd0-usual", "grade": "D", "score": 41, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usd0-usual"}, "defillama": {"totalCirculating": 550693977.1225919, "chains": ["Ethereum", "Arbitrum"], "chainCount": 2, "defillamaId": "195", "geckoId": "usual-usd"}, "description": "USD0 is Usual's RWA-backed dollar, collateralized by tokenized U.S. T-bills and cash-equivalent products such as USYC, M by M0, USDtb by Ethena, and USDC. The static profile records its US Dollar peg mechanism as: 1:1 minting by depositing approved RWA tokens (e.g. USYC) directly, or depositing USDC via a gateway; redeemable 1:1 for underlying RWA assets via the DaoCollateral contract at any time; arbitrageurs enforce the peg", "mintRedeemDescription": "Pharos classifies USD0 backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized short-term U.S. Treasury bills and reverse repos, primarily via Hashnote USYC; also M by M0, USDtb by Ethena (via UsualUSDtb wrapper), and indirect USDC gateway liquidity Reserve evidence: live reserve feed configured."}, "0x1c20e891bab6b1727d14da358fae2984ed9b59eb": {"symbol": "TUSD", "name": "TrueUSD", "chain": "avalanche", "decimals": 18, "pharos": {"id": "tusd-trueusd", "grade": "C", "score": 57, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/tusd-trueusd"}, "defillama": {"totalCirculating": 482439221.4798355, "chains": ["Ethereum", "Tron", "BSC", "Avalanche", "Fantom", "Polygon", "Arbitrum", "Syscoin", "Near", "Heco"], "chainCount": 10, "defillamaId": "7", "geckoId": "true-usd"}, "description": "TUSD is a centralized dollar stablecoin from Techteryx with a Chainlink Proof-of-Reserve feed, though current reserves sit in opaque First Digital Trust funds. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Techteryx; minting controlled by Chainlink Proof of Reserve feed preventing supply from exceeding attested reserves", "mintRedeemDescription": "Pharos classifies TUSD backing as Real-World Asset Backed. Collateral, per the static profile: Daily Moore Hong Kong / Chainlink-attested TUSD reserves, currently modeled by Pharos as concentrated in opaque First Digital Trust fund investments with a small cash-at-depository-institutions balance. Reserve evidence: Real-Time PoR from Moore CPA Limited."}, "0x2e1ad108ff1d8c782fcbbb89aad783ac49586756": {"symbol": "TUSD", "name": "TrueUSD", "chain": "polygon", "decimals": 18, "pharos": {"id": "tusd-trueusd", "grade": "C", "score": 57, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/tusd-trueusd"}, "defillama": {"totalCirculating": 482439221.4798355, "chains": ["Ethereum", "Tron", "BSC", "Avalanche", "Fantom", "Polygon", "Arbitrum", "Syscoin", "Near", "Heco"], "chainCount": 10, "defillamaId": "7", "geckoId": "true-usd"}, "description": "TUSD is a centralized dollar stablecoin from Techteryx with a Chainlink Proof-of-Reserve feed, though current reserves sit in opaque First Digital Trust funds. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Techteryx; minting controlled by Chainlink Proof of Reserve feed preventing supply from exceeding attested reserves", "mintRedeemDescription": "Pharos classifies TUSD backing as Real-World Asset Backed. Collateral, per the static profile: Daily Moore Hong Kong / Chainlink-attested TUSD reserves, currently modeled by Pharos as concentrated in opaque First Digital Trust fund investments with a small cash-at-depository-institutions balance. Reserve evidence: Real-Time PoR from Moore CPA Limited."}, "0x4d15a3a2286d883af0aa1b3f21367843fac63e07": {"symbol": "TUSD", "name": "TrueUSD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "tusd-trueusd", "grade": "C", "score": 57, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/tusd-trueusd"}, "defillama": {"totalCirculating": 482439221.4798355, "chains": ["Ethereum", "Tron", "BSC", "Avalanche", "Fantom", "Polygon", "Arbitrum", "Syscoin", "Near", "Heco"], "chainCount": 10, "defillamaId": "7", "geckoId": "true-usd"}, "description": "TUSD is a centralized dollar stablecoin from Techteryx with a Chainlink Proof-of-Reserve feed, though current reserves sit in opaque First Digital Trust funds. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Techteryx; minting controlled by Chainlink Proof of Reserve feed preventing supply from exceeding attested reserves", "mintRedeemDescription": "Pharos classifies TUSD backing as Real-World Asset Backed. Collateral, per the static profile: Daily Moore Hong Kong / Chainlink-attested TUSD reserves, currently modeled by Pharos as concentrated in opaque First Digital Trust fund investments with a small cash-at-depository-institutions balance. Reserve evidence: Real-Time PoR from Moore CPA Limited."}, "0xcb59a0a753fdb7491d5f3d794316f1ade197b21e": {"symbol": "TUSD", "name": "TrueUSD", "chain": "optimism", "decimals": 18, "pharos": {"id": "tusd-trueusd", "grade": "C", "score": 57, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/tusd-trueusd"}, "defillama": {"totalCirculating": 482439221.4798355, "chains": ["Ethereum", "Tron", "BSC", "Avalanche", "Fantom", "Polygon", "Arbitrum", "Syscoin", "Near", "Heco"], "chainCount": 10, "defillamaId": "7", "geckoId": "true-usd"}, "description": "TUSD is a centralized dollar stablecoin from Techteryx with a Chainlink Proof-of-Reserve feed, though current reserves sit in opaque First Digital Trust funds. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Techteryx; minting controlled by Chainlink Proof of Reserve feed preventing supply from exceeding attested reserves", "mintRedeemDescription": "Pharos classifies TUSD backing as Real-World Asset Backed. Collateral, per the static profile: Daily Moore Hong Kong / Chainlink-attested TUSD reserves, currently modeled by Pharos as concentrated in opaque First Digital Trust fund investments with a small cash-at-depository-institutions balance. Reserve evidence: Real-Time PoR from Moore CPA Limited."}, "0x40af3827f39d0eacbf4a168f8d4ee67c121d11c9": {"symbol": "TUSD", "name": "TrueUSD", "chain": "bsc", "decimals": 18, "pharos": {"id": "tusd-trueusd", "grade": "C", "score": 57, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/tusd-trueusd"}, "defillama": {"totalCirculating": 482439221.4798355, "chains": ["Ethereum", "Tron", "BSC", "Avalanche", "Fantom", "Polygon", "Arbitrum", "Syscoin", "Near", "Heco"], "chainCount": 10, "defillamaId": "7", "geckoId": "true-usd"}, "description": "TUSD is a centralized dollar stablecoin from Techteryx with a Chainlink Proof-of-Reserve feed, though current reserves sit in opaque First Digital Trust funds. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Techteryx; minting controlled by Chainlink Proof of Reserve feed preventing supply from exceeding attested reserves", "mintRedeemDescription": "Pharos classifies TUSD backing as Real-World Asset Backed. Collateral, per the static profile: Daily Moore Hong Kong / Chainlink-attested TUSD reserves, currently modeled by Pharos as concentrated in opaque First Digital Trust fund investments with a small cash-at-depository-institutions balance. Reserve evidence: Real-Time PoR from Moore CPA Limited."}, "0x9879abdea01a879644185341f7af7d8343556b7a": {"symbol": "TUSD", "name": "TrueUSD", "chain": "fantom", "decimals": 18, "pharos": {"id": "tusd-trueusd", "grade": "C", "score": 57, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/tusd-trueusd"}, "defillama": {"totalCirculating": 482439221.4798355, "chains": ["Ethereum", "Tron", "BSC", "Avalanche", "Fantom", "Polygon", "Arbitrum", "Syscoin", "Near", "Heco"], "chainCount": 10, "defillamaId": "7", "geckoId": "true-usd"}, "description": "TUSD is a centralized dollar stablecoin from Techteryx with a Chainlink Proof-of-Reserve feed, though current reserves sit in opaque First Digital Trust funds. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Techteryx; minting controlled by Chainlink Proof of Reserve feed preventing supply from exceeding attested reserves", "mintRedeemDescription": "Pharos classifies TUSD backing as Real-World Asset Backed. Collateral, per the static profile: Daily Moore Hong Kong / Chainlink-attested TUSD reserves, currently modeled by Pharos as concentrated in opaque First Digital Trust fund investments with a small cash-at-depository-institutions balance. Reserve evidence: Real-Time PoR from Moore CPA Limited."}, "0xc708b6887db46005da033501f8aebee72d191a5d": {"symbol": "USDTB", "name": "Ethena USDtb", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "usdtb-ethena", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 67.39}, "url": "https://pharos.watch/stablecoin/usdtb-ethena"}, "defillama": {"totalCirculating": 401728448.5041771, "chains": ["Ethereum", "Solana"], "chainCount": 2, "defillamaId": "221", "geckoId": "usdtb"}, "description": "USDtb is Ethena's T-Bill-backed stablecoin, holding BlackRock's BUIDL fund as primary reserves; designed as a calmer alternative to USDe. The static profile records its US Dollar peg mechanism as: Direct 1:1 mint and redemption; BUIDL shares redeemable 24/7 via atomic swap with Securitize; LayerZero OFT cross-chain transfers", "mintRedeemDescription": "Pharos classifies USDTB backing as Real-World Asset Backed. Collateral, per the static profile: ~99% BlackRock USD Institutional Digital Liquidity Fund (BUIDL), investing in cash, U.S. Treasury Bills/Notes, and repurchase agreements; remainder in cash at FDIC-insured major commercial banks; issued by Anchorage Digital Bank N.A... Reserve evidence: Independent Audit from Big Four accounting firm via Anchorage Digital Bank."}, "0xd74fb32112b1ef5b4c428fead8da8d85a0019009": {"symbol": "rwaUSDi", "name": "rwaUSDi", "chain": "base", "decimals": 6, "pharos": {"id": "rwausdi-multipli", "grade": "D", "score": 46, "weakestPillar": {"pillar": "backing", "score": 38.5}, "url": "https://pharos.watch/stablecoin/rwausdi-multipli"}, "defillama": {"totalCirculating": 373972629.9059499, "chains": ["Ethereum", "Base", "Monad", "Arbitrum", "Pharos", "Robinhood Chain", "X Layer"], "chainCount": 7, "defillamaId": "340", "geckoId": null}, "description": "rwaUSDi is Multipli's KYB-gated credit class backed by private credit, structured finance, project finance, asset-backed loans, and market-neutral funds. The static profile records its US Dollar peg mechanism as: NAV-based valuation of underlying RWA basket; KYB-gated 1:1 minting and redemption restricted to verified institutional counterparties", "mintRedeemDescription": "Pharos classifies rwaUSDi backing as Real-World Asset Backed. Collateral, per the static profile: Isolated basket of institutional credit assets: private credit, structured finance, project finance, asset-backed loans, plus market-neutral fund strategies (Nomura, Fasanara, Edge Capital), with periodic NAV and scheduled non-instant... Reserve evidence: live reserve feed configured."}, "0x650b616b46ff94000eb115926ab8393b90788d76": {"symbol": "rwaUSDi", "name": "rwaUSDi", "chain": "monad", "decimals": 6, "pharos": {"id": "rwausdi-multipli", "grade": "D", "score": 46, "weakestPillar": {"pillar": "backing", "score": 38.5}, "url": "https://pharos.watch/stablecoin/rwausdi-multipli"}, "defillama": {"totalCirculating": 373972629.9059499, "chains": ["Ethereum", "Base", "Monad", "Arbitrum", "Pharos", "Robinhood Chain", "X Layer"], "chainCount": 7, "defillamaId": "340", "geckoId": null}, "description": "rwaUSDi is Multipli's KYB-gated credit class backed by private credit, structured finance, project finance, asset-backed loans, and market-neutral funds. The static profile records its US Dollar peg mechanism as: NAV-based valuation of underlying RWA basket; KYB-gated 1:1 minting and redemption restricted to verified institutional counterparties", "mintRedeemDescription": "Pharos classifies rwaUSDi backing as Real-World Asset Backed. Collateral, per the static profile: Isolated basket of institutional credit assets: private credit, structured finance, project finance, asset-backed loans, plus market-neutral fund strategies (Nomura, Fasanara, Edge Capital), with periodic NAV and scheduled non-instant... Reserve evidence: live reserve feed configured."}, "0x93c9932e4afa59201f0b5e63f7d816516f1669fe": {"symbol": "FDUSD", "name": "First Digital USD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "fdusd-first-digital", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/fdusd-first-digital"}, "defillama": {"totalCirculating": 350751211.76733273, "chains": ["Ethereum", "BSC", "Sui", "Solana", "Arbitrum", "TON"], "chainCount": 6, "defillamaId": "119", "geckoId": "first-digital-usd"}, "description": "Each FDUSD is intended to be fully backed by one US dollar or an asset of equivalent fair value.", "mintRedeemDescription": "To redeem your FDUSD stablecoin, you must first become a client of First Digital Labs and meet specific requirements, including Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) checks. Upon successful completion of these checks, you can exchange your FDUSD for its equivalent in fiat currency, thereby taking it out of circulation. Alternatively, you can sell your FDUSD tokens on the secondary market through a cryptocurrency exchange or an Over-the-Counter (OTC) provider that supports FD121's stablecoins. "}, "0xd993935e13851dd7517af10687ec7e5022127228": {"symbol": "apxUSD", "name": "apxUSD", "chain": "base", "decimals": 18, "pharos": {"id": "apxusd-apyx", "grade": "F", "score": 0, "weakestPillar": {"pillar": "backing", "score": 39.5}, "url": "https://pharos.watch/stablecoin/apxusd-apyx"}, "defillama": {"totalCirculating": 307510984.072258, "chains": ["Ethereum", "Base", "BSC"], "chainCount": 3, "defillamaId": "354", "geckoId": "apxusd"}, "description": "apxUSD is Apyx's synthetic dollar backed by a diversified basket of low-volatility, variable-rate, preferred shares issued by industry leading Digital Asset Treasuries (DATs).", "mintRedeemDescription": "apxUSD is minted when users deposit collateral through Apyx. It can be redeemed for underlying collateral at any time."}, "0x6b3788fd6604bbf03c5378d24e57bb334baad4af": {"symbol": "apxUSD", "name": "apxUSD", "chain": "bsc", "decimals": 18, "pharos": {"id": "apxusd-apyx", "grade": "F", "score": 0, "weakestPillar": {"pillar": "backing", "score": 39.5}, "url": "https://pharos.watch/stablecoin/apxusd-apyx"}, "defillama": {"totalCirculating": 307510984.072258, "chains": ["Ethereum", "Base", "BSC"], "chainCount": 3, "defillamaId": "354", "geckoId": "apxusd"}, "description": "apxUSD is Apyx's synthetic dollar backed by a diversified basket of low-volatility, variable-rate, preferred shares issued by industry leading Digital Asset Treasuries (DATs).", "mintRedeemDescription": "apxUSD is minted when users deposit collateral through Apyx. It can be redeemed for underlying collateral at any time."}, "0x498bf2b1e120fed3ad3d42ea2165e9b73f99c1e5": {"symbol": "crvUSD", "name": "crvUSD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "crvusd-curve", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 68.76}, "url": "https://pharos.watch/stablecoin/crvusd-curve"}, "defillama": {"totalCirculating": 229959009.4314602, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Base", "Fraxtal", "Sonic", "Polygon", "Gnosis", "ZKsync Era", "BSC", "Taiko", "Waves"], "chainCount": 12, "defillamaId": "110", "geckoId": "crvusd"}, "description": "crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar", "mintRedeemDescription": "Users deposit collateral to borrow crvUSD"}, "0x417ac0e078398c154edfadd9ef675d30be60af93": {"symbol": "crvUSD", "name": "crvUSD", "chain": "base", "decimals": 18, "pharos": {"id": "crvusd-curve", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 68.76}, "url": "https://pharos.watch/stablecoin/crvusd-curve"}, "defillama": {"totalCirculating": 229959009.4314602, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Base", "Fraxtal", "Sonic", "Polygon", "Gnosis", "ZKsync Era", "BSC", "Taiko", "Waves"], "chainCount": 12, "defillamaId": "110", "geckoId": "crvusd"}, "description": "crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar", "mintRedeemDescription": "Users deposit collateral to borrow crvUSD"}, "0xabef652195f98a91e490f047a5006b71c85f058d": {"symbol": "crvUSD", "name": "crvUSD", "chain": "gnosis", "decimals": 18, "pharos": {"id": "crvusd-curve", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 68.76}, "url": "https://pharos.watch/stablecoin/crvusd-curve"}, "defillama": {"totalCirculating": 229959009.4314602, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Base", "Fraxtal", "Sonic", "Polygon", "Gnosis", "ZKsync Era", "BSC", "Taiko", "Waves"], "chainCount": 12, "defillamaId": "110", "geckoId": "crvusd"}, "description": "crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar", "mintRedeemDescription": "Users deposit collateral to borrow crvUSD"}, "0xc4ce1d6f5d98d65ee25cf85e9f2e9dcfee6cb5d6": {"symbol": "crvUSD", "name": "crvUSD", "chain": "polygon", "decimals": 18, "pharos": {"id": "crvusd-curve", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 68.76}, "url": "https://pharos.watch/stablecoin/crvusd-curve"}, "defillama": {"totalCirculating": 229959009.4314602, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Base", "Fraxtal", "Sonic", "Polygon", "Gnosis", "ZKsync Era", "BSC", "Taiko", "Waves"], "chainCount": 12, "defillamaId": "110", "geckoId": "crvusd"}, "description": "crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar", "mintRedeemDescription": "Users deposit collateral to borrow crvUSD"}, "0xe2fb3f127f5450dee44afe054385d74c392bdef4": {"symbol": "crvUSD", "name": "crvUSD", "chain": "bsc", "decimals": 18, "pharos": {"id": "crvusd-curve", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 68.76}, "url": "https://pharos.watch/stablecoin/crvusd-curve"}, "defillama": {"totalCirculating": 229959009.4314602, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Base", "Fraxtal", "Sonic", "Polygon", "Gnosis", "ZKsync Era", "BSC", "Taiko", "Waves"], "chainCount": 12, "defillamaId": "110", "geckoId": "crvusd"}, "description": "crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar", "mintRedeemDescription": "Users deposit collateral to borrow crvUSD"}, "0xc52d7f23a2e460248db6ee192cb23dd12bddcbf6": {"symbol": "crvUSD", "name": "crvUSD", "chain": "optimism", "decimals": 18, "pharos": {"id": "crvusd-curve", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 68.76}, "url": "https://pharos.watch/stablecoin/crvusd-curve"}, "defillama": {"totalCirculating": 229959009.4314602, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Base", "Fraxtal", "Sonic", "Polygon", "Gnosis", "ZKsync Era", "BSC", "Taiko", "Waves"], "chainCount": 12, "defillamaId": "110", "geckoId": "crvusd"}, "description": "crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar", "mintRedeemDescription": "Users deposit collateral to borrow crvUSD"}, "0xc8f4518ed4bab9a972808a493107926ce8237068": {"symbol": "crvUSD", "name": "crvUSD", "chain": "taiko", "decimals": 18, "pharos": {"id": "crvusd-curve", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 68.76}, "url": "https://pharos.watch/stablecoin/crvusd-curve"}, "defillama": {"totalCirculating": 229959009.4314602, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Base", "Fraxtal", "Sonic", "Polygon", "Gnosis", "ZKsync Era", "BSC", "Taiko", "Waves"], "chainCount": 12, "defillamaId": "110", "geckoId": "crvusd"}, "description": "crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar", "mintRedeemDescription": "Users deposit collateral to borrow crvUSD"}, "0xb102f7efa0d5de071a8d37b3548e1c7cb148caf3": {"symbol": "crvUSD", "name": "crvUSD", "chain": "fraxtal", "decimals": 18, "pharos": {"id": "crvusd-curve", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 68.76}, "url": "https://pharos.watch/stablecoin/crvusd-curve"}, "defillama": {"totalCirculating": 229959009.4314602, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Base", "Fraxtal", "Sonic", "Polygon", "Gnosis", "ZKsync Era", "BSC", "Taiko", "Waves"], "chainCount": 12, "defillamaId": "110", "geckoId": "crvusd"}, "description": "crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar", "mintRedeemDescription": "Users deposit collateral to borrow crvUSD"}, "0x43cd37cc4b9ec54833c8ac362dd55e58bfd62b86": {"symbol": "crvUSD", "name": "crvUSD", "chain": "zksync", "decimals": 18, "pharos": {"id": "crvusd-curve", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 68.76}, "url": "https://pharos.watch/stablecoin/crvusd-curve"}, "defillama": {"totalCirculating": 229959009.4314602, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Base", "Fraxtal", "Sonic", "Polygon", "Gnosis", "ZKsync Era", "BSC", "Taiko", "Waves"], "chainCount": 12, "defillamaId": "110", "geckoId": "crvusd"}, "description": "crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar", "mintRedeemDescription": "Users deposit collateral to borrow crvUSD"}, "0x7fff4c4a827c84e32c5e175052834111b2ccd270": {"symbol": "crvUSD", "name": "crvUSD", "chain": "sonic", "decimals": 18, "pharos": {"id": "crvusd-curve", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 68.76}, "url": "https://pharos.watch/stablecoin/crvusd-curve"}, "defillama": {"totalCirculating": 229959009.4314602, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Base", "Fraxtal", "Sonic", "Polygon", "Gnosis", "ZKsync Era", "BSC", "Taiko", "Waves"], "chainCount": 12, "defillamaId": "110", "geckoId": "crvusd"}, "description": "crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar", "mintRedeemDescription": "Users deposit collateral to borrow crvUSD"}, "0x180af87b47bf272b2df59dccf2d76a6eafa625bf": {"symbol": "reUSD", "name": "Re Protocol reUSD", "chain": "avalanche", "decimals": 18, "pharos": {"id": "reusd-re-protocol", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 50.586772702575}, "url": "https://pharos.watch/stablecoin/reusd-re-protocol"}, "description": "reUSD is Re Protocol's senior NAV-based tranche, backed by onchain sUSDe-centered liquidity and offchain Regulation 114 trust collateral (Cayman Islands). The static profile records its US Dollar peg mechanism as: NAV-based token price recalculated daily at UTC 00:00 from a blend of the offchain SOFR-based return and the onchain trailing sUSDe basis rate, plus 250 bps; instant redemptions are liquidity-limited and fall back to a quarterly queue", "mintRedeemDescription": "Pharos classifies reUSD backing as Real-World Asset Backed. Collateral, per the static profile: At least 50% of the high-water-mark capital remains onchain as redemption liquidity, primarily sUSDe; up to 50% is deployed offchain into Regulation 114 trust accounts as collateral supporting reinsurance contracts Reserve evidence: Independent Audit from The Network Firm."}, "0x76ce01f0ef25aa66cc5f1e546a005e4a63b25609": {"symbol": "reUSD", "name": "Re Protocol reUSD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "reusd-re-protocol", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 50.586772702575}, "url": "https://pharos.watch/stablecoin/reusd-re-protocol"}, "description": "reUSD is Re Protocol's senior NAV-based tranche, backed by onchain sUSDe-centered liquidity and offchain Regulation 114 trust collateral (Cayman Islands). The static profile records its US Dollar peg mechanism as: NAV-based token price recalculated daily at UTC 00:00 from a blend of the offchain SOFR-based return and the onchain trailing sUSDe basis rate, plus 250 bps; instant redemptions are liquidity-limited and fall back to a quarterly queue", "mintRedeemDescription": "Pharos classifies reUSD backing as Real-World Asset Backed. Collateral, per the static profile: At least 50% of the high-water-mark capital remains onchain as redemption liquidity, primarily sUSDe; up to 50% is deployed offchain into Regulation 114 trust accounts as collateral supporting reinsurance contracts Reserve evidence: Independent Audit from The Network Firm."}, "0x7d214438d0f27afccc23b3d1e1a53906ace5cfea": {"symbol": "reUSD", "name": "Re Protocol reUSD", "chain": "base", "decimals": 18, "pharos": {"id": "reusd-re-protocol", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 50.586772702575}, "url": "https://pharos.watch/stablecoin/reusd-re-protocol"}, "description": "reUSD is Re Protocol's senior NAV-based tranche, backed by onchain sUSDe-centered liquidity and offchain Regulation 114 trust collateral (Cayman Islands). The static profile records its US Dollar peg mechanism as: NAV-based token price recalculated daily at UTC 00:00 from a blend of the offchain SOFR-based return and the onchain trailing sUSDe basis rate, plus 250 bps; instant redemptions are liquidity-limited and fall back to a quarterly queue", "mintRedeemDescription": "Pharos classifies reUSD backing as Real-World Asset Backed. Collateral, per the static profile: At least 50% of the high-water-mark capital remains onchain as redemption liquidity, primarily sUSDe; up to 50% is deployed offchain into Regulation 114 trust accounts as collateral supporting reinsurance contracts Reserve evidence: Independent Audit from The Network Firm."}, "0xba9425ec55ee0e72216d18e0ad8bbba2553bfb60": {"symbol": "reUSD", "name": "Re Protocol reUSD", "chain": "bsc", "decimals": 18, "pharos": {"id": "reusd-re-protocol", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 50.586772702575}, "url": "https://pharos.watch/stablecoin/reusd-re-protocol"}, "description": "reUSD is Re Protocol's senior NAV-based tranche, backed by onchain sUSDe-centered liquidity and offchain Regulation 114 trust collateral (Cayman Islands). The static profile records its US Dollar peg mechanism as: NAV-based token price recalculated daily at UTC 00:00 from a blend of the offchain SOFR-based return and the onchain trailing sUSDe basis rate, plus 250 bps; instant redemptions are liquidity-limited and fall back to a quarterly queue", "mintRedeemDescription": "Pharos classifies reUSD backing as Real-World Asset Backed. Collateral, per the static profile: At least 50% of the high-water-mark capital remains onchain as redemption liquidity, primarily sUSDe; up to 50% is deployed offchain into Regulation 114 trust accounts as collateral supporting reinsurance contracts Reserve evidence: Independent Audit from The Network Firm."}, "0x5bcf6b008bf80b9296238546bace1797657b05d6": {"symbol": "reUSD", "name": "Re Protocol reUSD", "chain": "ink", "decimals": 18, "pharos": {"id": "reusd-re-protocol", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 50.586772702575}, "url": "https://pharos.watch/stablecoin/reusd-re-protocol"}, "description": "reUSD is Re Protocol's senior NAV-based tranche, backed by onchain sUSDe-centered liquidity and offchain Regulation 114 trust collateral (Cayman Islands). The static profile records its US Dollar peg mechanism as: NAV-based token price recalculated daily at UTC 00:00 from a blend of the offchain SOFR-based return and the onchain trailing sUSDe basis rate, plus 250 bps; instant redemptions are liquidity-limited and fall back to a quarterly queue", "mintRedeemDescription": "Pharos classifies reUSD backing as Real-World Asset Backed. Collateral, per the static profile: At least 50% of the high-water-mark capital remains onchain as redemption liquidity, primarily sUSDe; up to 50% is deployed offchain into Regulation 114 trust accounts as collateral supporting reinsurance contracts Reserve evidence: Independent Audit from The Network Firm."}, "0xe08853433fdbc504240455e295b644e0f44c3b29": {"symbol": "reUSD", "name": "Re Protocol reUSD", "chain": "plasma", "decimals": 18, "pharos": {"id": "reusd-re-protocol", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 50.586772702575}, "url": "https://pharos.watch/stablecoin/reusd-re-protocol"}, "description": "reUSD is Re Protocol's senior NAV-based tranche, backed by onchain sUSDe-centered liquidity and offchain Regulation 114 trust collateral (Cayman Islands). The static profile records its US Dollar peg mechanism as: NAV-based token price recalculated daily at UTC 00:00 from a blend of the offchain SOFR-based return and the onchain trailing sUSDe basis rate, plus 250 bps; instant redemptions are liquidity-limited and fall back to a quarterly queue", "mintRedeemDescription": "Pharos classifies reUSD backing as Real-World Asset Backed. Collateral, per the static profile: At least 50% of the high-water-mark capital remains onchain as redemption liquidity, primarily sUSDe; up to 50% is deployed offchain into Regulation 114 trust accounts as collateral supporting reinsurance contracts Reserve evidence: Independent Audit from The Network Firm."}, "0x20c000000000000000000000e09a4cfec804f102": {"symbol": "reUSD", "name": "Re Protocol reUSD", "chain": "tempo", "decimals": 6, "pharos": {"id": "reusd-re-protocol", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 50.586772702575}, "url": "https://pharos.watch/stablecoin/reusd-re-protocol"}, "description": "reUSD is Re Protocol's senior NAV-based tranche, backed by onchain sUSDe-centered liquidity and offchain Regulation 114 trust collateral (Cayman Islands). The static profile records its US Dollar peg mechanism as: NAV-based token price recalculated daily at UTC 00:00 from a blend of the offchain SOFR-based return and the onchain trailing sUSDe basis rate, plus 250 bps; instant redemptions are liquidity-limited and fall back to a quarterly queue", "mintRedeemDescription": "Pharos classifies reUSD backing as Real-World Asset Backed. Collateral, per the static profile: At least 50% of the high-water-mark capital remains onchain as redemption liquidity, primarily sUSDe; up to 50% is deployed offchain into Regulation 114 trust accounts as collateral supporting reinsurance contracts Reserve evidence: Independent Audit from The Network Firm."}, "0x17fc002b466eec40dae837fc4be5c67993ddbd6f": {"symbol": "FRAX", "name": "Frax", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "frax-frax", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 49.88698029299551}, "url": "https://pharos.watch/stablecoin/frax-frax"}, "defillama": {"totalCirculating": 156941211.2335561, "chains": ["Ethereum", "Fraxtal", "Moonriver", "Arbitrum", "BSC", "Avalanche", "OP Mainnet", "Moonbeam", "Fantom", "Polygon", "Near", "Boba", "Aurora", "ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda C1", "Everscale"], "chainCount": 22, "defillamaId": "6", "geckoId": "frax"}, "description": "Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.", "mintRedeemDescription": "Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio."}, "0x2e3d870790dc77a83dd1d18184acc7439a53f475": {"symbol": "FRAX", "name": "Frax", "chain": "optimism", "decimals": 18, "pharos": {"id": "frax-frax", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 49.88698029299551}, "url": "https://pharos.watch/stablecoin/frax-frax"}, "defillama": {"totalCirculating": 156941211.2335561, "chains": ["Ethereum", "Fraxtal", "Moonriver", "Arbitrum", "BSC", "Avalanche", "OP Mainnet", "Moonbeam", "Fantom", "Polygon", "Near", "Boba", "Aurora", "ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda 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"ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda C1", "Everscale"], "chainCount": 22, "defillamaId": "6", "geckoId": "frax"}, "description": "Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.", "mintRedeemDescription": "Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio."}, "0xd24c2ad096400b6fbcd2ad8b24e7acbc21a1da64": {"symbol": "FRAX", "name": "Frax", "chain": "avalanche", "decimals": 18, "pharos": {"id": "frax-frax", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 49.88698029299551}, "url": "https://pharos.watch/stablecoin/frax-frax"}, "defillama": {"totalCirculating": 156941211.2335561, "chains": ["Ethereum", "Fraxtal", "Moonriver", "Arbitrum", "BSC", "Avalanche", "OP Mainnet", "Moonbeam", "Fantom", "Polygon", "Near", "Boba", "Aurora", "ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda C1", "Everscale"], "chainCount": 22, "defillamaId": "6", "geckoId": "frax"}, "description": "Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.", "mintRedeemDescription": "Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio."}, "0x90c97f71e18723b0cf0dfa30ee176ab653e89f40": {"symbol": "FRAX", "name": "Frax", "chain": "bsc", "decimals": 18, "pharos": {"id": "frax-frax", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 49.88698029299551}, "url": "https://pharos.watch/stablecoin/frax-frax"}, "defillama": {"totalCirculating": 156941211.2335561, "chains": ["Ethereum", "Fraxtal", "Moonriver", "Arbitrum", "BSC", "Avalanche", "OP Mainnet", "Moonbeam", "Fantom", "Polygon", "Near", "Boba", "Aurora", "ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda C1", "Everscale"], "chainCount": 22, "defillamaId": "6", "geckoId": "frax"}, "description": "Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.", "mintRedeemDescription": "Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio."}, "0xdc301622e621166bd8e82f2ca0a26c13ad0be355": {"symbol": "FRAX", "name": "Frax", "chain": "fantom", "decimals": 18, "pharos": {"id": "frax-frax", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 49.88698029299551}, "url": "https://pharos.watch/stablecoin/frax-frax"}, "defillama": {"totalCirculating": 156941211.2335561, "chains": ["Ethereum", "Fraxtal", "Moonriver", "Arbitrum", "BSC", "Avalanche", "OP Mainnet", "Moonbeam", "Fantom", "Polygon", "Near", "Boba", "Aurora", "ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda C1", "Everscale"], "chainCount": 22, "defillamaId": "6", "geckoId": "frax"}, "description": "Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.", "mintRedeemDescription": "Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio."}, "0x1a93b23281cc1cde4c4741353f3064709a16197d": {"symbol": "FRAX", "name": "Frax", "chain": "moonriver", "decimals": 18, "pharos": {"id": "frax-frax", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 49.88698029299551}, "url": "https://pharos.watch/stablecoin/frax-frax"}, "defillama": {"totalCirculating": 156941211.2335561, "chains": ["Ethereum", "Fraxtal", "Moonriver", "Arbitrum", "BSC", "Avalanche", "OP Mainnet", "Moonbeam", "Fantom", "Polygon", "Near", "Boba", "Aurora", "ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda C1", "Everscale"], "chainCount": 22, "defillamaId": "6", "geckoId": "frax"}, "description": "Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.", "mintRedeemDescription": "Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio."}, "0xff8544fed5379d9ffa8d47a74ce6b91e632ac44d": {"symbol": "FRAX", "name": "Frax", "chain": "polygon-zkevm", "decimals": 18, "pharos": {"id": "frax-frax", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 49.88698029299551}, "url": "https://pharos.watch/stablecoin/frax-frax"}, "defillama": {"totalCirculating": 156941211.2335561, "chains": ["Ethereum", "Fraxtal", "Moonriver", "Arbitrum", "BSC", "Avalanche", "OP Mainnet", "Moonbeam", "Fantom", "Polygon", "Near", "Boba", "Aurora", "ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda C1", "Everscale"], "chainCount": 22, "defillamaId": "6", "geckoId": "frax"}, "description": "Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.", "mintRedeemDescription": "Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio."}, "0x322e86852e492a7ee17f28a78c663da38fb33bfb": {"symbol": "FRAX", "name": "Frax", "chain": "moonbeam", "decimals": 18, "pharos": {"id": "frax-frax", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 49.88698029299551}, "url": "https://pharos.watch/stablecoin/frax-frax"}, "defillama": {"totalCirculating": 156941211.2335561, "chains": ["Ethereum", "Fraxtal", "Moonriver", "Arbitrum", "BSC", "Avalanche", "OP Mainnet", "Moonbeam", "Fantom", "Polygon", "Near", "Boba", "Aurora", "ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda C1", "Everscale"], "chainCount": 22, "defillamaId": "6", "geckoId": "frax"}, "description": "Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure 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stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.", "mintRedeemDescription": "Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio."}, "0xfc00000000000000000000000000000000000002": {"symbol": "FRAX", "name": "Frax", "chain": "fraxtal", "decimals": 18, "pharos": {"id": "frax-frax", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 49.88698029299551}, "url": "https://pharos.watch/stablecoin/frax-frax"}, "defillama": {"totalCirculating": 156941211.2335561, "chains": ["Ethereum", "Fraxtal", "Moonriver", "Arbitrum", "BSC", "Avalanche", "OP Mainnet", "Moonbeam", "Fantom", "Polygon", "Near", "Boba", "Aurora", "ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda C1", "Everscale"], "chainCount": 22, "defillamaId": "6", "geckoId": "frax"}, "description": "Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.", "mintRedeemDescription": "Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio."}, "0xfa7191d292d5633f702b0bd7e3e3bccc0e633200": {"symbol": "FRAX", "name": "Frax", "chain": "harmony", "decimals": 18, "pharos": {"id": "frax-frax", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 49.88698029299551}, "url": "https://pharos.watch/stablecoin/frax-frax"}, "defillama": {"totalCirculating": 156941211.2335561, "chains": ["Ethereum", "Fraxtal", "Moonriver", "Arbitrum", "BSC", "Avalanche", "OP Mainnet", "Moonbeam", "Fantom", "Polygon", "Near", "Boba", "Aurora", "ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda C1", "Everscale"], "chainCount": 22, "defillamaId": "6", "geckoId": "frax"}, "description": "Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.", "mintRedeemDescription": "Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio."}, "0xb4c1544cb4163f4c2eca1ae9ce999f63892d912a": {"symbol": "FRAX", "name": "Frax", "chain": "zksync", "decimals": 18, "pharos": {"id": "frax-frax", "grade": "C", "score": 57, "weakestPillar": {"pillar": "backing", "score": 49.88698029299551}, "url": "https://pharos.watch/stablecoin/frax-frax"}, "defillama": {"totalCirculating": 156941211.2335561, "chains": ["Ethereum", "Fraxtal", "Moonriver", "Arbitrum", "BSC", "Avalanche", "OP Mainnet", "Moonbeam", "Fantom", "Polygon", "Near", "Boba", "Aurora", "ZKsync Era", "Osmosis", "Solana", "Harmony", "Dogechain", "ZKsync Lite", "Evmos", "Milkomeda C1", "Everscale"], "chainCount": 22, "defillamaId": "6", "geckoId": "frax"}, "description": "Frax attempts to be the first stablecoin protocol to implement design principles of both collateralized and algorithmic stablecoins to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money.", "mintRedeemDescription": "Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio."}, "0xb4818bb69478730ef4e33cc068dd94278e2766cb": {"symbol": "satUSD", "name": "River Stablecoin", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "satusd-river", "grade": "F", "score": 33, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/satusd-river"}, "defillama": {"totalCirculating": 158233440.21361867, "chains": ["BSC", "Base", "BOB", "Arbitrum", "Ethereum", "BSquared", "Hemi", "X Layer", "Bitlayer", "Sonic", "BEVM"], "chainCount": 11, "defillamaId": "218", "geckoId": "satoshi-stablecoin"}, "description": "River is building the circulatory system for crypto, connecting liquidity, yield and contributions across chains. Powered by the omni-CDP stablecoin protocol, earn, leverage, and scale — all without selling your assets.", "mintRedeemDescription": "River's Omni-CDP module allows users to access liquidity by depositing collateral, enabling them to borrow up to 90.91% of the collateral's value in satUSD"}, "0x70654aad8b7734dc319d0c3608ec7b32e03fa162": {"symbol": "satUSD", "name": "River Stablecoin", "chain": "base", "decimals": 18, "pharos": {"id": "satusd-river", "grade": "F", "score": 33, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/satusd-river"}, "defillama": {"totalCirculating": 158233440.21361867, "chains": ["BSC", "Base", "BOB", "Arbitrum", "Ethereum", "BSquared", "Hemi", "X Layer", "Bitlayer", "Sonic", "BEVM"], "chainCount": 11, "defillamaId": "218", "geckoId": "satoshi-stablecoin"}, "description": "River is building the circulatory system for crypto, connecting liquidity, yield and contributions across chains. Powered by the omni-CDP stablecoin protocol, earn, leverage, and scale — all without selling your assets.", "mintRedeemDescription": "River's Omni-CDP module allows users to access liquidity by depositing collateral, enabling them to borrow up to 90.91% of the collateral's value in satUSD"}, "0xecf21b335b41f9d5a89f6186a99c19a3c467871f": {"symbol": "satUSD", "name": "River Stablecoin", "chain": "bob", "decimals": 18, "pharos": {"id": "satusd-river", "grade": "F", "score": 33, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/satusd-river"}, "defillama": {"totalCirculating": 158233440.21361867, "chains": ["BSC", "Base", "BOB", "Arbitrum", "Ethereum", "BSquared", "Hemi", "X Layer", "Bitlayer", "Sonic", "BEVM"], "chainCount": 11, "defillamaId": "218", "geckoId": "satoshi-stablecoin"}, "description": "River is building the circulatory system for crypto, connecting liquidity, yield and contributions across chains. Powered by the omni-CDP stablecoin protocol, earn, leverage, and scale — all without selling your assets.", "mintRedeemDescription": "River's Omni-CDP module allows users to access liquidity by depositing collateral, enabling them to borrow up to 90.91% of the collateral's value in satUSD"}, "0xba50ddac6b2f5482ca064efac621e0c7c0f6a783": {"symbol": "satUSD", "name": "River Stablecoin", "chain": "bitlayer", "decimals": 18, "pharos": {"id": "satusd-river", "grade": "F", "score": 33, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/satusd-river"}, "defillama": {"totalCirculating": 158233440.21361867, "chains": ["BSC", "Base", "BOB", "Arbitrum", "Ethereum", "BSquared", "Hemi", "X Layer", "Bitlayer", "Sonic", "BEVM"], "chainCount": 11, "defillamaId": "218", "geckoId": "satoshi-stablecoin"}, "description": "River is building the circulatory system for crypto, connecting liquidity, yield and contributions across chains. Powered by the omni-CDP stablecoin protocol, earn, leverage, and scale — all without selling your assets.", "mintRedeemDescription": "River's Omni-CDP module allows users to access liquidity by depositing collateral, enabling them to borrow up to 90.91% of the collateral's value in satUSD"}, "0x8dd8b12d55c73c08294664a5915475ed1c8b1f6f": {"symbol": "satUSD", "name": "River Stablecoin", "chain": "bsquared", "decimals": 18, "pharos": {"id": "satusd-river", "grade": "F", "score": 33, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/satusd-river"}, "defillama": {"totalCirculating": 158233440.21361867, "chains": ["BSC", "Base", "BOB", "Arbitrum", "Ethereum", "BSquared", "Hemi", "X Layer", "Bitlayer", "Sonic", "BEVM"], "chainCount": 11, "defillamaId": "218", "geckoId": "satoshi-stablecoin"}, "description": "River is building the circulatory system for crypto, connecting liquidity, yield and contributions across chains. Powered by the omni-CDP stablecoin protocol, earn, leverage, and scale — all without selling your assets.", "mintRedeemDescription": "River's Omni-CDP module allows users to access liquidity by depositing collateral, enabling them to borrow up to 90.91% of the collateral's value in satUSD"}, "0x2031c8848775a5efb7cff2a4edbe3f04c50a1478": {"symbol": "satUSD", "name": "River Stablecoin", "chain": "bevm", "decimals": 18, "pharos": {"id": "satusd-river", "grade": "F", "score": 33, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/satusd-river"}, "defillama": {"totalCirculating": 158233440.21361867, "chains": ["BSC", "Base", "BOB", "Arbitrum", "Ethereum", "BSquared", "Hemi", "X Layer", "Bitlayer", "Sonic", "BEVM"], "chainCount": 11, "defillamaId": "218", "geckoId": "satoshi-stablecoin"}, "description": "River is building the circulatory system for crypto, connecting liquidity, yield and contributions across chains. Powered by the omni-CDP stablecoin protocol, earn, leverage, and scale — all without selling your assets.", "mintRedeemDescription": "River's Omni-CDP module allows users to access liquidity by depositing collateral, enabling them to borrow up to 90.91% of the collateral's value in satUSD"}, "0xcef6c74ce218c0e1f48ca2430635d0a65cd3737a": {"symbol": "satUSD", "name": "River Stablecoin", "chain": "xlayer", "decimals": 18, "pharos": {"id": "satusd-river", "grade": "F", "score": 33, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/satusd-river"}, "defillama": {"totalCirculating": 158233440.21361867, "chains": ["BSC", "Base", "BOB", "Arbitrum", "Ethereum", "BSquared", "Hemi", "X Layer", "Bitlayer", "Sonic", "BEVM"], "chainCount": 11, "defillamaId": "218", "geckoId": "satoshi-stablecoin"}, "description": "River is building the circulatory system for crypto, connecting liquidity, yield and contributions across chains. Powered by the omni-CDP stablecoin protocol, earn, leverage, and scale — all without selling your assets.", "mintRedeemDescription": "River's Omni-CDP module allows users to access liquidity by depositing collateral, enabling them to borrow up to 90.91% of the collateral's value in satUSD"}, "0x9356086146be5158e98ad827e21b5cf944699894": {"symbol": "USDA", "name": "Avalon USDa", "chain": "bsc", "decimals": 18, "pharos": {"id": "usda-avalon", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usda-avalon"}, "description": "USDa is Avalon's BTC-backed CDP stablecoin with 1:1 USDT convertibility, leveraging institutional credit lines and proprietary HFT liquidation logic. The static profile records its US Dollar peg mechanism as: 1:1 USDT convertibility (redemptions require loan repayment or conversion to USDT); overcollateralized against FBTC priced by Redstone oracle; HFT liquidation algorithm sells collateral on centralized exchanges to restore target LTV...", "mintRedeemDescription": "Pharos classifies USDA backing as Crypto-Collateralized. Collateral, per the static profile: FBTC (tokenized BTC, Cobo-custodied) deposited as overcollateralized CDP; USDT/USDC can be deposited 1:1 (exempt from liquidation); protocol assets held with Cobo, Fireblocks, and Coinbase Prime custody and backed by multi-billion-dollar... Reserve evidence: curated reserve profile."}, "0x075df695b8e7f4361fa7f8c1426c63f11b06e326": {"symbol": "USDA", "name": "Avalon USDa", "chain": "mantle", "decimals": 18, "pharos": {"id": "usda-avalon", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usda-avalon"}, "description": "USDa is Avalon's BTC-backed CDP stablecoin with 1:1 USDT convertibility, leveraging institutional credit lines and proprietary HFT liquidation logic. The static profile records its US Dollar peg mechanism as: 1:1 USDT convertibility (redemptions require loan repayment or conversion to USDT); overcollateralized against FBTC priced by Redstone oracle; HFT liquidation algorithm sells collateral on centralized exchanges to restore target LTV...", "mintRedeemDescription": "Pharos classifies USDA backing as Crypto-Collateralized. Collateral, per the static profile: FBTC (tokenized BTC, Cobo-custodied) deposited as overcollateralized CDP; USDT/USDC can be deposited 1:1 (exempt from liquidation); protocol assets held with Cobo, Fireblocks, and Coinbase Prime custody and backed by multi-billion-dollar... Reserve evidence: curated reserve profile."}, "0xdc3cf1961b08da169b078f7df6f26676bf6a4ff6": {"symbol": "USDA", "name": "Avalon USDa", "chain": "klaytn", "decimals": 18, "pharos": {"id": "usda-avalon", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usda-avalon"}, "description": "USDa is Avalon's BTC-backed CDP stablecoin with 1:1 USDT convertibility, leveraging institutional credit lines and proprietary HFT liquidation logic. The static profile records its US Dollar peg mechanism as: 1:1 USDT convertibility (redemptions require loan repayment or conversion to USDT); overcollateralized against FBTC priced by Redstone oracle; HFT liquidation algorithm sells collateral on centralized exchanges to restore target LTV...", "mintRedeemDescription": "Pharos classifies USDA backing as Crypto-Collateralized. Collateral, per the static profile: FBTC (tokenized BTC, Cobo-custodied) deposited as overcollateralized CDP; USDT/USDC can be deposited 1:1 (exempt from liquidation); protocol assets held with Cobo, Fireblocks, and Coinbase Prime custody and backed by multi-billion-dollar... Reserve evidence: curated reserve profile."}, "0xff12470a969dd362eb6595ffb44c82c959fe9acc": {"symbol": "USDA", "name": "Avalon USDa", "chain": "berachain", "decimals": 18, "pharos": {"id": "usda-avalon", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usda-avalon"}, "description": "USDa is Avalon's BTC-backed CDP stablecoin with 1:1 USDT convertibility, leveraging institutional credit lines and proprietary HFT liquidation logic. The static profile records its US Dollar peg mechanism as: 1:1 USDT convertibility (redemptions require loan repayment or conversion to USDT); overcollateralized against FBTC priced by Redstone oracle; HFT liquidation algorithm sells collateral on centralized exchanges to restore target LTV...", "mintRedeemDescription": "Pharos classifies USDA backing as Crypto-Collateralized. Collateral, per the static profile: FBTC (tokenized BTC, Cobo-custodied) deposited as overcollateralized CDP; USDT/USDC can be deposited 1:1 (exempt from liquidation); protocol assets held with Cobo, Fireblocks, and Coinbase Prime custody and backed by multi-billion-dollar... Reserve evidence: curated reserve profile."}, "0xf4e097e36d2064e2bdca96e60439f3a369522003": {"symbol": "USDA", "name": "Avalon USDa", "chain": "nibiru", "decimals": 18, "pharos": {"id": "usda-avalon", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usda-avalon"}, "description": "USDa is Avalon's BTC-backed CDP stablecoin with 1:1 USDT convertibility, leveraging institutional credit lines and proprietary HFT liquidation logic. The static profile records its US Dollar peg mechanism as: 1:1 USDT convertibility (redemptions require loan repayment or conversion to USDT); overcollateralized against FBTC priced by Redstone oracle; HFT liquidation algorithm sells collateral on centralized exchanges to restore target LTV...", "mintRedeemDescription": "Pharos classifies USDA backing as Crypto-Collateralized. Collateral, per the static profile: FBTC (tokenized BTC, Cobo-custodied) deposited as overcollateralized CDP; USDT/USDC can be deposited 1:1 (exempt from liquidation); protocol assets held with Cobo, Fireblocks, and Coinbase Prime custody and backed by multi-billion-dollar... Reserve evidence: curated reserve profile."}, "0x91bd7f5e328aecd1024e4118ade0ccb786f55db1": {"symbol": "USDA", "name": "Avalon USDa", "chain": "bitlayer", "decimals": 18, "pharos": {"id": "usda-avalon", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usda-avalon"}, "description": "USDa is Avalon's BTC-backed CDP stablecoin with 1:1 USDT convertibility, leveraging institutional credit lines and proprietary HFT liquidation logic. The static profile records its US Dollar peg mechanism as: 1:1 USDT convertibility (redemptions require loan repayment or conversion to USDT); overcollateralized against FBTC priced by Redstone oracle; HFT liquidation algorithm sells collateral on centralized exchanges to restore target LTV...", "mintRedeemDescription": "Pharos classifies USDA backing as Crypto-Collateralized. Collateral, per the static profile: FBTC (tokenized BTC, Cobo-custodied) deposited as overcollateralized CDP; USDT/USDC can be deposited 1:1 (exempt from liquidation); protocol assets held with Cobo, Fireblocks, and Coinbase Prime custody and backed by multi-billion-dollar... Reserve evidence: curated reserve profile."}, "0x2840f9d9f96321435ab0f977e7fdbf32ea8b304f": {"symbol": "USDA", "name": "Avalon USDa", "chain": "base", "decimals": 18, "pharos": {"id": "usda-avalon", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usda-avalon"}, "description": "USDa is Avalon's BTC-backed CDP stablecoin with 1:1 USDT convertibility, leveraging institutional credit lines and proprietary HFT liquidation logic. The static profile records its US Dollar peg mechanism as: 1:1 USDT convertibility (redemptions require loan repayment or conversion to USDT); overcollateralized against FBTC priced by Redstone oracle; HFT liquidation algorithm sells collateral on centralized exchanges to restore target LTV...", "mintRedeemDescription": "Pharos classifies USDA backing as Crypto-Collateralized. Collateral, per the static profile: FBTC (tokenized BTC, Cobo-custodied) deposited as overcollateralized CDP; USDT/USDC can be deposited 1:1 (exempt from liquidation); protocol assets held with Cobo, Fireblocks, and Coinbase Prime custody and backed by multi-billion-dollar... Reserve evidence: curated reserve profile."}, "0xb8d7d88d042880ae87bb61de2dfff8441768766d": {"symbol": "USDA", "name": "Avalon USDa", "chain": "zksync", "decimals": 18, "pharos": {"id": "usda-avalon", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usda-avalon"}, "description": "USDa is Avalon's BTC-backed CDP stablecoin with 1:1 USDT convertibility, leveraging institutional credit lines and proprietary HFT liquidation logic. The static profile records its US Dollar peg mechanism as: 1:1 USDT convertibility (redemptions require loan repayment or conversion to USDT); overcollateralized against FBTC priced by Redstone oracle; HFT liquidation algorithm sells collateral on centralized exchanges to restore target LTV...", "mintRedeemDescription": "Pharos classifies USDA backing as Crypto-Collateralized. Collateral, per the static profile: FBTC (tokenized BTC, Cobo-custodied) deposited as overcollateralized CDP; USDT/USDC can be deposited 1:1 (exempt from liquidation); protocol assets held with Cobo, Fireblocks, and Coinbase Prime custody and backed by multi-billion-dollar... Reserve evidence: curated reserve profile."}, "0x250fc55c82bce84c991ba25698a142b21cdc778a": {"symbol": "USDA", "name": "Avalon USDa", "chain": "bob", "decimals": 18, "pharos": {"id": "usda-avalon", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usda-avalon"}, "description": "USDa is Avalon's BTC-backed CDP stablecoin with 1:1 USDT convertibility, leveraging institutional credit lines and proprietary HFT liquidation logic. The static profile records its US Dollar peg mechanism as: 1:1 USDT convertibility (redemptions require loan repayment or conversion to USDT); overcollateralized against FBTC priced by Redstone oracle; HFT liquidation algorithm sells collateral on centralized exchanges to restore target LTV...", "mintRedeemDescription": "Pharos classifies USDA backing as Crypto-Collateralized. Collateral, per the static profile: FBTC (tokenized BTC, Cobo-custodied) deposited as overcollateralized CDP; USDT/USDC can be deposited 1:1 (exempt from liquidation); protocol assets held with Cobo, Fireblocks, and Coinbase Prime custody and backed by multi-billion-dollar... Reserve evidence: curated reserve profile."}, "0x24de8771bc5ddb3362db529fc3358f2df3a0e346": {"symbol": "avUSD", "name": "Avant USD", "chain": "avalanche", "decimals": 18, "pharos": {"id": "avusd-avant", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/avusd-avant"}, "defillama": {"totalCirculating": 125793364.15519008, "chains": ["Avalanche", "Monad"], "chainCount": 2, "defillamaId": "271", "geckoId": "avant-usd"}, "description": "Avant’s flagship stable value token, minted when users deposit USDC. avUSD can be redeemed for USDC, but receives no yield.", "mintRedeemDescription": "Minted when users deposit USDC. avUSD can be redeemed for USDC"}, "0x37c44fc08e403efc0946c0623cb1164a52ce1576": {"symbol": "avUSD", "name": "Avant USD", "chain": "linea", "decimals": 18, "pharos": {"id": "avusd-avant", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/avusd-avant"}, "defillama": {"totalCirculating": 125793364.15519008, "chains": ["Avalanche", "Monad"], "chainCount": 2, "defillamaId": "271", "geckoId": "avant-usd"}, "description": "Avant’s flagship stable value token, minted when users deposit USDC. avUSD can be redeemed for USDC, but receives no yield.", "mintRedeemDescription": "Minted when users deposit USDC. avUSD can be redeemed for USDC"}, "0xbca138ded469f5063589bfdfdd4bc68eb1c3f252": {"symbol": "avUSD", "name": "Avant USD", "chain": "berachain", "decimals": 18, "pharos": {"id": "avusd-avant", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/avusd-avant"}, "defillama": {"totalCirculating": 125793364.15519008, "chains": ["Avalanche", "Monad"], "chainCount": 2, "defillamaId": "271", "geckoId": "avant-usd"}, "description": "Avant’s flagship stable value token, minted when users deposit USDC. avUSD can be redeemed for USDC, but receives no yield.", "mintRedeemDescription": "Minted when users deposit USDC. avUSD can be redeemed for USDC"}, "0x3af90fda10fc6509df55e959548b1ed3bc3cfa00": {"symbol": "avUSD", "name": "Avant USD", "chain": "base", "decimals": 18, "pharos": {"id": "avusd-avant", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/avusd-avant"}, "defillama": {"totalCirculating": 125793364.15519008, "chains": ["Avalanche", "Monad"], "chainCount": 2, "defillamaId": "271", "geckoId": "avant-usd"}, "description": "Avant’s flagship stable value token, minted when users deposit USDC. avUSD can be redeemed for USDC, but receives no yield.", "mintRedeemDescription": "Minted when users deposit USDC. avUSD can be redeemed for USDC"}, "0x0d9d741fe423cd5419e4bcb6cb2ffa87afa93ba4": {"symbol": "avUSD", "name": "Avant USD", "chain": "monad", "decimals": 18, "pharos": {"id": "avusd-avant", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/avusd-avant"}, "defillama": {"totalCirculating": 125793364.15519008, "chains": ["Avalanche", "Monad"], "chainCount": 2, "defillamaId": "271", "geckoId": "avant-usd"}, "description": "Avant’s flagship stable value token, minted when users deposit USDC. avUSD can be redeemed for USDC, but receives no yield.", "mintRedeemDescription": "Minted when users deposit USDC. avUSD can be redeemed for USDC"}, "0x80eede496655fb9047dd39d9f418d5483ed600df": {"symbol": "FRXUSD", "name": "Frax USD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "frxusd-frax", "grade": "B", "score": 70, "weakestPillar": {"pillar": "exit", "score": 68.13}, "url": "https://pharos.watch/stablecoin/frxusd-frax"}, "defillama": {"totalCirculating": 105524301.71998912, "chains": ["Ethereum", "Fraxtal", "Sonic", "Polygon", "Solana", "Base", "OP Mainnet", "Avalanche", "BSC", "Sei", "Linea", "Katana", "Arbitrum", "Unichain", "Ink", "X Layer", "Plume Mainnet", "Tempo", "Movement", "Mode", "Blast", "Polygon zkEVM"], "chainCount": 22, "defillamaId": "235", "geckoId": "frax-usd"}, "description": "Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol", "mintRedeemDescription": "Frax USD uses a hybrid model that allows for governance-approved enshrined custodians to mint/redeem the stablecoin by holding cash-equivalent reserves while also having onchain mechanisms built by the Frax Finance Protocol"}, "0xe5020a6d073a794b6e7f05678707de47986fb0b6": {"symbol": "FRXUSD", "name": "Frax USD", "chain": "base", "decimals": 18, "pharos": {"id": "frxusd-frax", "grade": "B", "score": 70, "weakestPillar": {"pillar": "exit", "score": 68.13}, "url": "https://pharos.watch/stablecoin/frxusd-frax"}, "defillama": {"totalCirculating": 105524301.71998912, "chains": ["Ethereum", "Fraxtal", "Sonic", "Polygon", "Solana", "Base", "OP Mainnet", "Avalanche", "BSC", "Sei", "Linea", "Katana", "Arbitrum", "Unichain", "Ink", "X Layer", "Plume Mainnet", "Tempo", "Movement", "Mode", "Blast", "Polygon zkEVM"], "chainCount": 22, "defillamaId": "235", "geckoId": "frax-usd"}, "description": "Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol", "mintRedeemDescription": "Frax USD uses a hybrid model that allows for governance-approved enshrined custodians to mint/redeem the stablecoin by holding cash-equivalent reserves while also having onchain mechanisms built by the Frax Finance Protocol"}, "0xc7346783f5e645aa998b106ef9e7f499528673d8": {"symbol": "FRXUSD", "name": "Frax USD", "chain": "linea", "decimals": 18, "pharos": {"id": "frxusd-frax", "grade": "B", "score": 70, "weakestPillar": {"pillar": "exit", "score": 68.13}, "url": "https://pharos.watch/stablecoin/frxusd-frax"}, "defillama": {"totalCirculating": 105524301.71998912, "chains": ["Ethereum", "Fraxtal", "Sonic", "Polygon", "Solana", "Base", "OP Mainnet", "Avalanche", "BSC", "Sei", "Linea", "Katana", "Arbitrum", "Unichain", "Ink", "X Layer", "Plume Mainnet", "Tempo", "Movement", "Mode", "Blast", "Polygon zkEVM"], "chainCount": 22, "defillamaId": "235", "geckoId": "frax-usd"}, "description": "Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol", "mintRedeemDescription": "Frax USD uses a hybrid model that allows for governance-approved enshrined custodians to mint/redeem the stablecoin by holding cash-equivalent reserves while also having onchain mechanisms built by the Frax Finance Protocol"}, "0x397f939c3b91a74c321ea7129396492ba9cdce82": {"symbol": "FRXUSD", "name": "Frax USD", "chain": "scroll", "decimals": 18, "pharos": {"id": "frxusd-frax", "grade": "B", "score": 70, "weakestPillar": {"pillar": "exit", "score": 68.13}, "url": "https://pharos.watch/stablecoin/frxusd-frax"}, "defillama": {"totalCirculating": 105524301.71998912, "chains": ["Ethereum", "Fraxtal", "Sonic", "Polygon", "Solana", "Base", "OP Mainnet", "Avalanche", "BSC", "Sei", "Linea", "Katana", "Arbitrum", "Unichain", "Ink", "X Layer", "Plume Mainnet", "Tempo", "Movement", "Mode", "Blast", "Polygon zkEVM"], "chainCount": 22, "defillamaId": "235", "geckoId": "frax-usd"}, "description": "Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol", "mintRedeemDescription": "Frax USD uses a hybrid model that allows for governance-approved enshrined custodians to mint/redeem the stablecoin by holding cash-equivalent reserves while also having onchain mechanisms built by the Frax Finance Protocol"}, "0xea77c590bb36c43ef7139ce649cfbcfd6163170d": {"symbol": "FRXUSD", "name": "Frax USD", "chain": "zksync", "decimals": 18, "pharos": {"id": "frxusd-frax", "grade": "B", "score": 70, "weakestPillar": {"pillar": "exit", "score": 68.13}, "url": "https://pharos.watch/stablecoin/frxusd-frax"}, "defillama": {"totalCirculating": 105524301.71998912, "chains": ["Ethereum", "Fraxtal", "Sonic", "Polygon", "Solana", "Base", "OP Mainnet", "Avalanche", "BSC", "Sei", "Linea", "Katana", "Arbitrum", "Unichain", "Ink", "X Layer", "Plume Mainnet", "Tempo", "Movement", "Mode", "Blast", "Polygon zkEVM"], "chainCount": 22, "defillamaId": "235", "geckoId": "frax-usd"}, "description": "Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol", "mintRedeemDescription": "Frax USD uses a hybrid model that allows for governance-approved enshrined custodians to mint/redeem the stablecoin by holding cash-equivalent reserves while also having onchain mechanisms built by the Frax Finance Protocol"}, "0xfc00000000000000000000000000000000000001": {"symbol": "FRXUSD", "name": "Frax USD", "chain": "fraxtal", "decimals": 18, "pharos": {"id": "frxusd-frax", "grade": "B", "score": 70, "weakestPillar": {"pillar": "exit", "score": 68.13}, "url": "https://pharos.watch/stablecoin/frxusd-frax"}, "defillama": {"totalCirculating": 105524301.71998912, "chains": ["Ethereum", "Fraxtal", "Sonic", "Polygon", "Solana", "Base", "OP Mainnet", "Avalanche", "BSC", "Sei", "Linea", "Katana", "Arbitrum", "Unichain", "Ink", "X Layer", "Plume Mainnet", "Tempo", "Movement", "Mode", "Blast", "Polygon zkEVM"], "chainCount": 22, "defillamaId": "235", "geckoId": "frax-usd"}, "description": "Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol", "mintRedeemDescription": "Frax USD uses a hybrid model that allows for governance-approved enshrined custodians to mint/redeem the stablecoin by holding cash-equivalent reserves while also having onchain mechanisms built by the Frax Finance Protocol"}, "0x20c0000000000000000000003554d28269e0f3c2": {"symbol": "FRXUSD", "name": "Frax USD", "chain": "tempo", "decimals": 6, "pharos": {"id": "frxusd-frax", "grade": "B", "score": 70, "weakestPillar": {"pillar": "exit", "score": 68.13}, "url": "https://pharos.watch/stablecoin/frxusd-frax"}, "defillama": {"totalCirculating": 105524301.71998912, "chains": ["Ethereum", "Fraxtal", "Sonic", "Polygon", "Solana", "Base", "OP Mainnet", "Avalanche", "BSC", "Sei", "Linea", "Katana", "Arbitrum", "Unichain", "Ink", "X Layer", "Plume Mainnet", "Tempo", "Movement", "Mode", "Blast", "Polygon zkEVM"], "chainCount": 22, "defillamaId": "235", "geckoId": "frax-usd"}, "description": "Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol", "mintRedeemDescription": "Frax USD uses a hybrid model that allows for governance-approved enshrined custodians to mint/redeem the stablecoin by holding cash-equivalent reserves while also having onchain mechanisms built by the Frax Finance Protocol"}, "0x6a7661795c374c0bfc635934efaddff3a7ee23b6": {"symbol": "DOLA", "name": "Dola", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "dola-inverse-finance", "grade": "C+", "score": 63, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/dola-inverse-finance"}, "defillama": {"totalCirculating": 100550884.69837956, "chains": ["Ethereum", "Arbitrum", "BSC", "Fantom", "Base", "OP Mainnet", "Avalanche", "Polygon"], "chainCount": 8, "defillamaId": "15", "geckoId": "dola-usd"}, "description": "DOLA is an over-collateralized stablecoin pegged to the US Dollar.  It can also be used as collateral within the Frontier protocol to achieve high capital efficiency, leverage and native yield.", "mintRedeemDescription": "Using FiRM, users mint DOLA by depositing an accepted collateral asset. When the loan is repaid to retrieve the collateral, the paid back DOLA is burned."}, "0x4621b7a9c75199271f773ebd9a499dbd165c3191": {"symbol": "DOLA", "name": "Dola", "chain": "base", "decimals": 18, "pharos": {"id": "dola-inverse-finance", "grade": "C+", "score": 63, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/dola-inverse-finance"}, "defillama": {"totalCirculating": 100550884.69837956, "chains": ["Ethereum", "Arbitrum", "BSC", "Fantom", "Base", "OP Mainnet", "Avalanche", "Polygon"], "chainCount": 8, "defillamaId": "15", "geckoId": "dola-usd"}, "description": "DOLA is an over-collateralized stablecoin pegged to the US Dollar.  It can also be used as collateral within the Frontier protocol to achieve high capital efficiency, leverage and native yield.", "mintRedeemDescription": "Using FiRM, users mint DOLA by depositing an accepted collateral asset. When the loan is repaid to retrieve the collateral, the paid back DOLA is burned."}, "0x8ae125e8653821e851f12a49f7765db9a9ce7384": {"symbol": "DOLA", "name": "Dola", "chain": "optimism", "decimals": 18, "pharos": {"id": "dola-inverse-finance", "grade": "C+", "score": 63, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/dola-inverse-finance"}, "defillama": {"totalCirculating": 100550884.69837956, "chains": ["Ethereum", "Arbitrum", "BSC", "Fantom", "Base", "OP Mainnet", "Avalanche", "Polygon"], "chainCount": 8, "defillamaId": "15", "geckoId": "dola-usd"}, "description": "DOLA is an over-collateralized stablecoin pegged to the US Dollar.  It can also be used as collateral within the Frontier protocol to achieve high capital efficiency, leverage and native yield.", "mintRedeemDescription": "Using FiRM, users mint DOLA by depositing an accepted collateral asset. When the loan is repaid to retrieve the collateral, the paid back DOLA is burned."}, "0x3129662808bec728a27ab6a6b9afd3cbaca8a43c": {"symbol": "DOLA", "name": "Dola", "chain": "fantom", "decimals": 18, "pharos": {"id": "dola-inverse-finance", "grade": "C+", "score": 63, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/dola-inverse-finance"}, "defillama": {"totalCirculating": 100550884.69837956, "chains": ["Ethereum", "Arbitrum", "BSC", "Fantom", "Base", "OP Mainnet", "Avalanche", "Polygon"], "chainCount": 8, "defillamaId": "15", "geckoId": "dola-usd"}, "description": "DOLA is an over-collateralized stablecoin pegged to the US Dollar.  It can also be used as collateral within the Frontier protocol to achieve high capital efficiency, leverage and native yield.", "mintRedeemDescription": "Using FiRM, users mint DOLA by depositing an accepted collateral asset. When the loan is repaid to retrieve the collateral, the paid back DOLA is burned."}, "0x2f29bc0ffaf9bff337b31cbe6cb5fb3bf12e5840": {"symbol": "DOLA", "name": "Dola", "chain": "bsc", "decimals": 18, "pharos": {"id": "dola-inverse-finance", "grade": "C+", "score": 63, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/dola-inverse-finance"}, "defillama": {"totalCirculating": 100550884.69837956, "chains": ["Ethereum", "Arbitrum", "BSC", "Fantom", "Base", "OP Mainnet", "Avalanche", "Polygon"], "chainCount": 8, "defillamaId": "15", "geckoId": "dola-usd"}, "description": "DOLA is an over-collateralized stablecoin pegged to the US Dollar.  It can also be used as collateral within the Frontier protocol to achieve high capital efficiency, leverage and native yield.", "mintRedeemDescription": "Using FiRM, users mint DOLA by depositing an accepted collateral asset. When the loan is repaid to retrieve the collateral, the paid back DOLA is burned."}, "0xbc2b48bc930ddc4e5cfb2e87a45c379aab3aac5c": {"symbol": "DOLA", "name": "Dola", "chain": "polygon", "decimals": 18, "pharos": {"id": "dola-inverse-finance", "grade": "C+", "score": 63, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/dola-inverse-finance"}, "defillama": {"totalCirculating": 100550884.69837956, "chains": ["Ethereum", "Arbitrum", "BSC", "Fantom", "Base", "OP Mainnet", "Avalanche", "Polygon"], "chainCount": 8, "defillamaId": "15", "geckoId": "dola-usd"}, "description": "DOLA is an over-collateralized stablecoin pegged to the US Dollar.  It can also be used as collateral within the Frontier protocol to achieve high capital efficiency, leverage and native yield.", "mintRedeemDescription": "Using FiRM, users mint DOLA by depositing an accepted collateral asset. When the loan is repaid to retrieve the collateral, the paid back DOLA is burned."}, "0x221743dc9e954be4f86844649bf19b43d6f8366d": {"symbol": "DOLA", "name": "Dola", "chain": "avalanche", "decimals": 18, "pharos": {"id": "dola-inverse-finance", "grade": "C+", "score": 63, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/dola-inverse-finance"}, "defillama": {"totalCirculating": 100550884.69837956, "chains": ["Ethereum", "Arbitrum", "BSC", "Fantom", "Base", "OP Mainnet", "Avalanche", "Polygon"], "chainCount": 8, "defillamaId": "15", "geckoId": "dola-usd"}, "description": "DOLA is an over-collateralized stablecoin pegged to the US Dollar.  It can also be used as collateral within the Frontier protocol to achieve high capital efficiency, leverage and native yield.", "mintRedeemDescription": "Using FiRM, users mint DOLA by depositing an accepted collateral asset. When the loan is repaid to retrieve the collateral, the paid back DOLA is burned."}, "0x0bb150dfa86ea5d7742f07fefcd8e8eda81d64ef": {"symbol": "USDAT", "name": "Saturn Dollar", "chain": "monad", "decimals": 6, "pharos": {"id": "usdat-saturn", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/usdat-saturn"}, "defillama": {"totalCirculating": 95169175.21121003, "chains": ["Ethereum", "Monad"], "chainCount": 2, "defillamaId": "400", "geckoId": "saturn-dollar"}, "description": "USDat is Saturn's non-yield-bearing M0-backed dollar token, mintable and redeemable through KYC-gated Swap Facility flows. The static profile records its US Dollar peg mechanism as: Permissioned 1:1 mint by depositing USDC via the M0 Swap Facility (Uniswap V3 1bps tier) which routes through wM; redemption returns USDC by unwrapping USDat back to wM and burning the USDat. Only KYC-onboarded addresses can mint, redeem...", "mintRedeemDescription": "Pharos classifies USDat backing as Real-World Asset Backed. Collateral, per the static profile: 100% backed by M (M0 Protocol's tokenized short-term U.S. Treasury bills) at launch — capital is held directly in the USDat smart contract and verifiable on-chain; protocol roadmap allows reserves to shift toward digital credit... Reserve evidence: Real-Time PoR from Saturn Protocol (on-chain reserve, with Accountable + Chainlink NAV oracle integration in progress)."}, "0x20c0000000000000000000000520792dcccccccc": {"symbol": "CUSD", "name": "Cap cUSD", "chain": "tempo", "decimals": 6, "pharos": {"id": "cusd-cap", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "backing", "score": 67.575175}, "url": "https://pharos.watch/stablecoin/cusd-cap"}, "description": "Cap is a stablecoin protocol that provides credible financial guarantees via two products: the dollar-denominated cUSD and the yield-bearing stcUSD", "mintRedeemDescription": "Users deposit reserve assets to mint cUSD at oracle value. cUSD's reserve is backed by blue chip stablecoins such as USDC, USDT, pyUSD, BUIDL, and BENJI, i.e. issued by regulated institutions with transparent attestations. It is 1:1 redeemable for any of the available reserve assets."}, "0x57ab1ec28d129707052df4df418d58a2d46d5f51": {"symbol": "SUSD", "name": "sUSD", "chain": "ethereum", "decimals": 18, "pharos": {"id": "susd-synthetix", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/susd-synthetix"}, "description": "sUSD was Synthetix's SNX-backed synthetic dollar; SIP-420 removed the peg defense and, after a year-long depeg, it was frozen and retired via SIP-423. The static profile records its US Dollar peg mechanism as: Overcollateralization via C-ratio (200%+); V3 expanded collateral to SNX, ETH, USDC/stataUSDC; sUSD minting against SNX deprecated in 2025; peg sustained via SLP Vault basis-trade strategy and protocol fee buybacks", "mintRedeemDescription": "Pharos classifies sUSD backing as Crypto-Collateralized. Collateral, per the static profile: SNX, ETH, and USDC/stataUSDC via Synthetix V3; direct SNX minting deprecated in 2025. Pooled SNX remained the primary legacy backing, while delta-neutral basis-trade vaults, protocol treasury activity, and buybacks functioned as... Reserve evidence: curated reserve profile."}, "0x8c6f28f2f1a3c87f0f938b96d27520d9751ec8d9": {"symbol": "SUSD", "name": "sUSD", "chain": "optimism", "decimals": 18, "pharos": {"id": "susd-synthetix", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/susd-synthetix"}, "description": "sUSD was Synthetix's SNX-backed synthetic dollar; SIP-420 removed the peg defense and, after a year-long depeg, it was frozen and retired via SIP-423. The static profile records its US Dollar peg mechanism as: Overcollateralization via C-ratio (200%+); V3 expanded collateral to SNX, ETH, USDC/stataUSDC; sUSD minting against SNX deprecated in 2025; peg sustained via SLP Vault basis-trade strategy and protocol fee buybacks", "mintRedeemDescription": "Pharos classifies sUSD backing as Crypto-Collateralized. Collateral, per the static profile: SNX, ETH, and USDC/stataUSDC via Synthetix V3; direct SNX minting deprecated in 2025. Pooled SNX remained the primary legacy backing, while delta-neutral basis-trade vaults, protocol treasury activity, and buybacks functioned as... Reserve evidence: curated reserve profile."}, "0x0e1694483ebb3b74d3054e383840c6cf011e518e": {"symbol": "SUSD", "name": "sUSD", "chain": "fantom", "decimals": 18, "pharos": {"id": "susd-synthetix", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/susd-synthetix"}, "description": "sUSD was Synthetix's SNX-backed synthetic dollar; SIP-420 removed the peg defense and, after a year-long depeg, it was frozen and retired via SIP-423. The static profile records its US Dollar peg mechanism as: Overcollateralization via C-ratio (200%+); V3 expanded collateral to SNX, ETH, USDC/stataUSDC; sUSD minting against SNX deprecated in 2025; peg sustained via SLP Vault basis-trade strategy and protocol fee buybacks", "mintRedeemDescription": "Pharos classifies sUSD backing as Crypto-Collateralized. Collateral, per the static profile: SNX, ETH, and USDC/stataUSDC via Synthetix V3; direct SNX minting deprecated in 2025. Pooled SNX remained the primary legacy backing, while delta-neutral basis-trade vaults, protocol treasury activity, and buybacks functioned as... Reserve evidence: curated reserve profile."}, "0xa970af1a584579b618be4d69ad6f73459d112f95": {"symbol": "SUSD", "name": "sUSD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "susd-synthetix", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/susd-synthetix"}, "description": "sUSD was Synthetix's SNX-backed synthetic dollar; SIP-420 removed the peg defense and, after a year-long depeg, it was frozen and retired via SIP-423. The static profile records its US Dollar peg mechanism as: Overcollateralization via C-ratio (200%+); V3 expanded collateral to SNX, ETH, USDC/stataUSDC; sUSD minting against SNX deprecated in 2025; peg sustained via SLP Vault basis-trade strategy and protocol fee buybacks", "mintRedeemDescription": "Pharos classifies sUSD backing as Crypto-Collateralized. Collateral, per the static profile: SNX, ETH, and USDC/stataUSDC via Synthetix V3; direct SNX minting deprecated in 2025. Pooled SNX remained the primary legacy backing, while delta-neutral basis-trade vaults, protocol treasury activity, and buybacks functioned as... Reserve evidence: curated reserve profile."}, "0x1f8955e640cbd9abc3c3bb408c9e2e1f5f20dfe6": {"symbol": "USDon", "name": "Ondo U.S. Dollar Token", "chain": "bsc", "decimals": 18, "pharos": {"id": "usdon-ondo", "grade": "D", "score": 40, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdon-ondo"}, "defillama": {"totalCirculating": 68185761.39288, "chains": ["BSC", "Ethereum"], "chainCount": 2, "defillamaId": "408", "geckoId": "ondo-u-s-dollar-token"}, "description": "USDon is Ondo Global Markets' USD settlement token, backed by cash held by Ondo at a brokerage. The static profile records its US Dollar peg mechanism as: USDon is used as the native settlement stablecoin for Ondo Global Markets; USDC can be swapped 1:1 into USDon for purchases, and tokenized-asset redemptions can settle to USDon or to USDC when swapper liquidity is available", "mintRedeemDescription": "Pharos classifies USDon backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar cash held by Ondo at a brokerage for USDon settlement Reserve evidence: live reserve feed configured."}, "0x55380fe7a1910dff29a47b622057ab4139da42c5": {"symbol": "fxUSD", "name": "fxUSD", "chain": "base", "decimals": 18, "pharos": {"id": "fxusd-f-x-protocol", "grade": "B", "score": 72, "weakestPillar": {"pillar": "exit", "score": 69.05}, "url": "https://pharos.watch/stablecoin/fxusd-f-x-protocol"}, "defillama": {"totalCirculating": 64043816.518345654, "chains": ["Ethereum", "Base"], "chainCount": 2, "defillamaId": "168", "geckoId": "f-x-protocol-fxusd"}, "description": "fxUSD is unlike anything else in DeFi. It is the first truly decentralized stablecoin with the scalability to compete toe-to-toe with centralized offerings. Its combination of strong peg, built in yield and zero slippage swapping makes it extremely user friendly, while the ingenious economic design grows the available liquidity automatically as a byproduct of providing serious value to constituent LSDs.", "mintRedeemDescription": "Users are able to mint and redeem with USDC,USDT,stETH,WBTC and more"}, "0x6695c0f8706c5ace3bdf8995073179cca47926dc": {"symbol": "YZUSD", "name": "Yuzu USD", "chain": "plasma", "decimals": 18, "pharos": {"id": "yzusd-yuzu", "grade": "C-", "score": null, "weakestPillar": {"pillar": "exit", "score": 33.53}, "url": "https://pharos.watch/stablecoin/yzusd-yuzu", "grade_as_of": "2026-07-31", "grade_stale": true}, "defillama": {"totalCirculating": 50488830.128888644, "chains": ["Plasma", "Monad"], "chainCount": 2, "defillamaId": "344", "geckoId": "yuzu-usd"}, "description": "Yuzu USD (yzUSD) is an overcollateralized synthetic USD stablecoin designed to combine price stability with high-yield DeFi strategies. Backed by on-chain collateral and protected by layered risk-management frameworks, yzUSD provides a transparent and resilient stable asset within the Yuzu ecosystem.", "mintRedeemDescription": "Users mint yzUSD by depositing on-chain collateral, which is deployed into curated DeFi yield strategies. The peg is maintained through overcollateralization (>$1 backing per yzUSD) and layered protections such as risk tranching and smart contract insurance, with reserves and risk metrics transparently verifiable on-chain."}, "0x9dcb0d17edde04d27f387c89fecb78654c373858": {"symbol": "YZUSD", "name": "Yuzu USD", "chain": "monad", "decimals": 18, "pharos": {"id": "yzusd-yuzu", "grade": "C-", "score": null, "weakestPillar": {"pillar": "exit", "score": 33.53}, "url": "https://pharos.watch/stablecoin/yzusd-yuzu", "grade_as_of": "2026-07-31", "grade_stale": true}, "defillama": {"totalCirculating": 50488830.128888644, "chains": ["Plasma", "Monad"], "chainCount": 2, "defillamaId": "344", "geckoId": "yuzu-usd"}, "description": "Yuzu USD (yzUSD) is an overcollateralized synthetic USD stablecoin designed to combine price stability with high-yield DeFi strategies. Backed by on-chain collateral and protected by layered risk-management frameworks, yzUSD provides a transparent and resilient stable asset within the Yuzu ecosystem.", "mintRedeemDescription": "Users mint yzUSD by depositing on-chain collateral, which is deployed into curated DeFi yield strategies. The peg is maintained through overcollateralization (>$1 backing per yzUSD) and layered protections such as risk tranching and smart contract insurance, with reserves and risk metrics transparently verifiable on-chain."}, "0x60b14ec49874af1ba471685cb11132101aebdf09": {"symbol": "IUSD", "name": "infiniFi USD", "chain": "bsc", "decimals": 18, "pharos": {"id": "iusd-infinifi", "grade": "D", "score": 40, "weakestPillar": {"pillar": "exit", "score": 22.55}, "url": "https://pharos.watch/stablecoin/iusd-infinifi"}, "description": "iUSD is a ERC20 - represents a users deposited value into the infiniFi protocol", "mintRedeemDescription": "infiniFi USD (iUSD) can be minted and redeemed for USDC 1 for 1. There is no mint or redemption fee. In the case of lack of liquid reserves duration asset backing fills up the redemption queue as those assets reach maturity"}, "0x20c000000000000000000000ab02d39df30bd17e": {"symbol": "IUSD", "name": "infiniFi USD", "chain": "tempo", "decimals": 6, "pharos": {"id": "iusd-infinifi", "grade": "D", "score": 40, "weakestPillar": {"pillar": "exit", "score": 22.55}, "url": "https://pharos.watch/stablecoin/iusd-infinifi"}, "description": "iUSD is a ERC20 - represents a users deposited value into the infiniFi protocol", "mintRedeemDescription": "infiniFi USD (iUSD) can be minted and redeemed for USDC 1 for 1. There is no mint or redemption fee. In the case of lack of liquid reserves duration asset backing fills up the redemption queue as those assets reach maturity"}, "0xf81ac2e1a0373dde1bce01e2fe694a9b7e3bfcb9": {"symbol": "XUSD", "name": "StraitsX XUSD", "chain": "bsc", "decimals": 6, "pharos": {"id": "xusd-straitsx", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "exit", "score": 47.69}, "url": "https://pharos.watch/stablecoin/xusd-straitsx"}, "description": "XUSD is the StraitsX digital US Dollar, designed to revolutionise global payments with stability, transparency, and seamless integration for consumers and businesses", "mintRedeemDescription": "Verified StraitsX users can access the StraitsX platform to set up their StraitsX Mint function and directly mint XUSD into their preferred blockchain address by sending US dollars to the bank account number available in the Mint tab. It can always be redeemed at a 1:1 ratio with USD on the StraitsX platform."}, "0xab3dbcd9b096c3ff76275038bf58eac10d22c61f": {"symbol": "YUSD", "name": "Aegis YUSD", "chain": "bsc", "decimals": 18, "pharos": {"id": "yusd-aegis", "grade": "F", "score": 17, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/yusd-aegis"}, "description": "YUSD is a Bitcoin-backed stablecoin issued by Aegis Protocol, using a delta-neutral funding rate arbitrage strategy to maintain its peg and generate native yield", "mintRedeemDescription": "YUSD is minted by depositing USDT, USDC, or DAI into the Aegis Mint contract, and redeemed by burning YUSD to withdraw the original collateral"}, "0xca2671dcd031a72359f456c212f62a9bda737cd7": {"symbol": "YUSD", "name": "Aegis YUSD", "chain": "avalanche", "decimals": 18, "pharos": {"id": "yusd-aegis", "grade": "F", "score": 17, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/yusd-aegis"}, "description": "YUSD is a Bitcoin-backed stablecoin issued by Aegis Protocol, using a delta-neutral funding rate arbitrage strategy to maintain its peg and generate native yield", "mintRedeemDescription": "YUSD is minted by depositing USDT, USDC, or DAI into the Aegis Mint contract, and redeemed by burning YUSD to withdraw the original collateral"}, "0xc1aa99c3881b26901af70738a7c217dc32536d36": {"symbol": "USN", "name": "Noon USN", "chain": "sophon", "decimals": 18, "pharos": {"id": "usn-noon", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 59.16}, "url": "https://pharos.watch/stablecoin/usn-noon"}, "description": "USN is Noon's base dollar, minted 1:1 from USDC/USDT or short-term T-bills while yield accrues through separate sUSN. The static profile records its US Dollar peg mechanism as: Permissioned institutional mint and redeem path for USN; raw reserve returns accrue to sUSN holders rather than base USN holders.", "mintRedeemDescription": "Pharos classifies USN backing as Real-World Asset Backed. Collateral, per the static profile: USN is backed 1:1 by USDT, USDC, or short-term U.S. Treasury bills, with reserve assets deployable into approved yield strategies including CLOs, private credit, DeFi lending, Pendle PTs, and tokenized T-bills. Reserve evidence: Real-Time PoR from Accountable."}, "0x0469d9d1de0ee58fa1153ef00836b9bbcb84c0b6": {"symbol": "USN", "name": "Noon USN", "chain": "zksync", "decimals": 18, "pharos": {"id": "usn-noon", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 59.16}, "url": "https://pharos.watch/stablecoin/usn-noon"}, "description": "USN is Noon's base dollar, minted 1:1 from USDC/USDT or short-term T-bills while yield accrues through separate sUSN. The static profile records its US Dollar peg mechanism as: Permissioned institutional mint and redeem path for USN; raw reserve returns accrue to sUSN holders rather than base USN holders.", "mintRedeemDescription": "Pharos classifies USN backing as Real-World Asset Backed. Collateral, per the static profile: USN is backed 1:1 by USDT, USDC, or short-term U.S. Treasury bills, with reserve assets deployable into approved yield strategies including CLOs, private credit, DeFi lending, Pendle PTs, and tokenized T-bills. Reserve evidence: Real-Time PoR from Accountable."}, "0xb7f8cd00c5a06c0537e2abff0b58033d02e5e094": {"symbol": "USDP", "name": "Pax Dollar", "chain": "bsc", "decimals": 18, "pharos": {"id": "usdp-paxos", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "exit", "score": 51.06}, "url": "https://pharos.watch/stablecoin/usdp-paxos"}, "description": "USDP is Paxos's regulated dollar stablecoin, redeemable 1:1 and backed by U.S. Treasury bills, overnight repos, and FDIC-insured cash. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Paxos", "mintRedeemDescription": "Pharos classifies USDP backing as Real-World Asset Backed. Collateral, per the static profile: Cash in FDIC-insured bank accounts and U.S. Treasury bills (including overnight reverse repos and T-bill money market funds) held in segregated, bankruptcy-remote accounts Reserve evidence: Independent Audit from KPMG."}, "0xd2bc272ea0154a93bf00191c8a1db23e67643ec5": {"symbol": "USDP", "name": "Pax Dollar", "chain": "linea", "decimals": 18, "pharos": {"id": "usdp-paxos", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "exit", "score": 51.06}, "url": "https://pharos.watch/stablecoin/usdp-paxos"}, "description": "USDP is Paxos's regulated dollar stablecoin, redeemable 1:1 and backed by U.S. Treasury bills, overnight repos, and FDIC-insured cash. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Paxos", "mintRedeemDescription": "Pharos classifies USDP backing as Real-World Asset Backed. Collateral, per the static profile: Cash in FDIC-insured bank accounts and U.S. Treasury bills (including overnight reverse repos and T-bill money market funds) held in segregated, bankruptcy-remote accounts Reserve evidence: Independent Audit from KPMG."}, "0x03569cc076654f82679c4ba2124d64774781b01d": {"symbol": "BOLD", "name": "Liquity BOLD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "bold-liquity", "grade": "A", "score": 84, "weakestPillar": {"pillar": "backing", "score": 81.67900399999999}, "url": "https://pharos.watch/stablecoin/bold-liquity"}, "description": "BOLD is the USD-pegged stablecoin issued in Liquity V2. It’s fully decentralized, overcollateralized and backed only by WETH, wstETH and rETH", "mintRedeemDescription": "BOLD is minted in Liquity V2 by borrowing against overcollateralized deposits of WETH, wstETH, or rETH, and it can always be redeemed directly for these underlying assets at a 1:1 USD value"}, "0x84533b1512a3a23f0c9668d88fdf86feffdbb11a": {"symbol": "BOLD", "name": "Liquity BOLD", "chain": "hyperevm", "decimals": 18, "pharos": {"id": "bold-liquity", "grade": "A", "score": 84, "weakestPillar": {"pillar": "backing", "score": 81.67900399999999}, "url": "https://pharos.watch/stablecoin/bold-liquity"}, "description": "BOLD is the USD-pegged stablecoin issued in Liquity V2. It’s fully decentralized, overcollateralized and backed only by WETH, wstETH and rETH", "mintRedeemDescription": "BOLD is minted in Liquity V2 by borrowing against overcollateralized deposits of WETH, wstETH, or rETH, and it can always be redeemed directly for these underlying assets at a 1:1 USD value"}, "0xf05a207442f14e446b0e32b12d2043bfc68cb1c9": {"symbol": "BOLD", "name": "Liquity BOLD", "chain": "sonic", "decimals": 18, "pharos": {"id": "bold-liquity", "grade": "A", "score": 84, "weakestPillar": {"pillar": "backing", "score": 81.67900399999999}, "url": "https://pharos.watch/stablecoin/bold-liquity"}, "description": "BOLD is the USD-pegged stablecoin issued in Liquity V2. It’s fully decentralized, overcollateralized and backed only by WETH, wstETH and rETH", "mintRedeemDescription": "BOLD is minted in Liquity V2 by borrowing against overcollateralized deposits of WETH, wstETH, or rETH, and it can always be redeemed directly for these underlying assets at a 1:1 USD value"}, "0x99d8a9c45b2eca8864373a26d1459e3dff1e17f3": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "ethereum", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0xfea7a6a0b346362bf88a9e4a88416b77a57d6c2a": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0x130966628846bfd36ff31a822705796e8cb8c18d": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "avalanche", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0x82f0b8b456c1a451378467398982d4834b6829c1": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "fantom", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0xfe19f0b51438fd612f6fd59c1dbb3ea319f433ba": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "bsc", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0xb153fb3d196a8eb25522705560ac152eeec57901": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "optimism", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0x49a0400587a7f65072c87c4910449fdcc5c47242": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "polygon", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0x471ee749ba270eb4c1165b5ad95e614947f6fceb": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "kava", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0x76da31d7c9cbeae102aff34d3398bc450c8374c1": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "blast", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0x0cae51e1032e8461f4806e26332c030e34de3adb": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "moonriver", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0xfcfc58685101e2914cbcf7551b432500db84eaa8": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "nibiru", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0x4a3a6dd60a34bb2aba60d73b4c88315e9ceb6a3d": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "base", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0xdd3b8084af79b9bae3d1b668c0de08ccc2c9429a": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "linea", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0x5b82028cfc477c4e7dda7ff33d59a23fa7be002a": {"symbol": "MIM", "name": "Magic Internet Money", "chain": "berachain", "decimals": 18, "pharos": {"id": "mim-abracadabra", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/mim-abracadabra"}, "defillama": {"totalCirculating": 29384594.849333957, "chains": ["Ethereum", "Arbitrum", "Avalanche", "Kava", "Fantom", "Blast", "Moonriver", "BSC", "OP Mainnet", "Polygon", "Nibiru", "Berachain", "Base", "Linea"], "chainCount": 14, "defillamaId": "10", "geckoId": "magic-internet-money"}, "description": "MIM is Abracadabra's CDP-style stablecoin minted against interest-bearing tokens and crypto collateral in cauldron vaults, with automatic liquidations. The static profile records its US Dollar peg mechanism as: CDP-style cauldrons with overcollateralization and automatic liquidations (4% liquidation fee); borrowers are incentivized to buy MIM below $1 to repay debt; 0.5% borrow/interest fees accrue to sSPELL stakers and governance treasury", "mintRedeemDescription": "Pharos classifies MIM backing as Crypto-Collateralized. Collateral, per the static profile: Interest-bearing tokens and crypto collateral deposited into active Abracadabra cauldrons, currently concentrated in yvDAI and WBTC with smaller yvWETH/WETH positions Reserve evidence: curated reserve profile."}, "0x9dabae7274d28a45f0b65bf8ed201a5731492ca0": {"symbol": "MSUSD", "name": "Metronome Synth USD", "chain": "optimism", "decimals": 18, "pharos": {"id": "msusd-metronome", "grade": "F", "score": 24, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/msusd-metronome"}, "description": "MSUSD is a synthetic USD token issued by the Metronome DAO, built on the Metronome protocol as a decentralized, on-chain USD peg.", "mintRedeemDescription": "MSUSD can be minted by depositing supported on-chain assets into Metronome's smart contracts and redeemed by burning METUSD to unlock the backing collateral"}, "0x526728dbc96689597f85ae4cd716d4f7fccbae9d": {"symbol": "MSUSD", "name": "Metronome Synth USD", "chain": "base", "decimals": 18, "pharos": {"id": "msusd-metronome", "grade": "F", "score": 24, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/msusd-metronome"}, "description": "MSUSD is a synthetic USD token issued by the Metronome DAO, built on the Metronome protocol as a decentralized, on-chain USD peg.", "mintRedeemDescription": "MSUSD can be minted by depositing supported on-chain assets into Metronome's smart contracts and redeemed by burning METUSD to unlock the backing collateral"}, "0x3ea24e3727a85a479e29e02cc70e792936fbbcad": {"symbol": "MSUSD", "name": "Metronome Synth USD", "chain": "hemi", "decimals": 18, "pharos": {"id": "msusd-metronome", "grade": "F", "score": 24, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/msusd-metronome"}, "description": "MSUSD is a synthetic USD token issued by the Metronome DAO, built on the Metronome protocol as a decentralized, on-chain USD peg.", "mintRedeemDescription": "MSUSD can be minted by depositing supported on-chain assets into Metronome's smart contracts and redeemed by burning METUSD to unlock the backing collateral"}, "0x29ad7fe4516909b9e498b5a65339e54791293234": {"symbol": "MSUSD", "name": "Metronome Synth USD", "chain": "plasma", "decimals": 18, "pharos": {"id": "msusd-metronome", "grade": "F", "score": 24, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/msusd-metronome"}, "description": "MSUSD is a synthetic USD token issued by the Metronome DAO, built on the Metronome protocol as a decentralized, on-chain USD peg.", "mintRedeemDescription": "MSUSD can be minted by depositing supported on-chain assets into Metronome's smart contracts and redeemed by burning METUSD to unlock the backing collateral"}, "0xc40f949f8a4e094d1b49a23ea9241d289b7b2819": {"symbol": "LUSD", "name": "Liquity USD", "chain": "optimism", "decimals": 18, "pharos": {"id": "lusd-liquity", "grade": "B+", "score": 78, "weakestPillar": {"pillar": "backing", "score": 79.0586923076923}, "url": "https://pharos.watch/stablecoin/lusd-liquity"}, "defillama": {"totalCirculating": 27815361.852665354, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Scroll", "Polygon", "BSC", "Fantom", "Avalanche", "Polygon zkEVM", "ZKsync Era"], "chainCount": 10, "defillamaId": "8", "geckoId": "liquity-usd"}, "description": "LUSD is Liquity's fully decentralized dollar stablecoin, minted only against ETH at a 110% collateral ratio, with on-chain redemption and immutable code. The static profile records its US Dollar peg mechanism as: Overcollateralized ETH CDPs (Troves) with three peg mechanisms: (1) hard floor at $1 via direct on-chain redemption of LUSD for $1 of ETH from the riskiest Trove; (2) Stability Pool absorbs liquidations at 110% collateral ratio; (3)...", "mintRedeemDescription": "Pharos classifies LUSD backing as Crypto-Collateralized. Collateral, per the static profile: ETH only; 110% minimum collateralization ratio per Trove (CDP), with a one-time borrowing fee instead of ongoing interest Reserve evidence: live reserve feed configured."}, "0x93b346b6bc2548da6a1e7d98e9a421b42541425b": {"symbol": "LUSD", "name": "Liquity USD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "lusd-liquity", "grade": "B+", "score": 78, "weakestPillar": {"pillar": "backing", "score": 79.0586923076923}, "url": "https://pharos.watch/stablecoin/lusd-liquity"}, "defillama": {"totalCirculating": 27815361.852665354, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Scroll", "Polygon", "BSC", "Fantom", "Avalanche", "Polygon zkEVM", "ZKsync Era"], "chainCount": 10, "defillamaId": "8", "geckoId": "liquity-usd"}, "description": "LUSD is Liquity's fully decentralized dollar stablecoin, minted only against ETH at a 110% collateral ratio, with on-chain redemption and immutable code. The static profile records its US Dollar peg mechanism as: Overcollateralized ETH CDPs (Troves) with three peg mechanisms: (1) hard floor at $1 via direct on-chain redemption of LUSD for $1 of ETH from the riskiest Trove; (2) Stability Pool absorbs liquidations at 110% collateral ratio; (3)...", "mintRedeemDescription": "Pharos classifies LUSD backing as Crypto-Collateralized. Collateral, per the static profile: ETH only; 110% minimum collateralization ratio per Trove (CDP), with a one-time borrowing fee instead of ongoing interest Reserve evidence: live reserve feed configured."}, "0x503234f203fc7eb888eec8513210612a43cf6115": {"symbol": "LUSD", "name": "Liquity USD", "chain": "zksync", "decimals": 18, "pharos": {"id": "lusd-liquity", "grade": "B+", "score": 78, "weakestPillar": {"pillar": "backing", "score": 79.0586923076923}, "url": "https://pharos.watch/stablecoin/lusd-liquity"}, "defillama": {"totalCirculating": 27815361.852665354, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Scroll", "Polygon", "BSC", "Fantom", "Avalanche", "Polygon zkEVM", "ZKsync Era"], "chainCount": 10, "defillamaId": "8", "geckoId": "liquity-usd"}, "description": "LUSD is Liquity's fully decentralized dollar stablecoin, minted only against ETH at a 110% collateral ratio, with on-chain redemption and immutable code. The static profile records its US Dollar peg mechanism as: Overcollateralized ETH CDPs (Troves) with three peg mechanisms: (1) hard floor at $1 via direct on-chain redemption of LUSD for $1 of ETH from the riskiest Trove; (2) Stability Pool absorbs liquidations at 110% collateral ratio; (3)...", "mintRedeemDescription": "Pharos classifies LUSD backing as Crypto-Collateralized. Collateral, per the static profile: ETH only; 110% minimum collateralization ratio per Trove (CDP), with a one-time borrowing fee instead of ongoing interest Reserve evidence: live reserve feed configured."}, "0x368181499736d0c0cc614dbb145e2ec1ac86b8c6": {"symbol": "LUSD", "name": "Liquity USD", "chain": "base", "decimals": 18, "pharos": {"id": "lusd-liquity", "grade": "B+", "score": 78, "weakestPillar": {"pillar": "backing", "score": 79.0586923076923}, "url": "https://pharos.watch/stablecoin/lusd-liquity"}, "defillama": {"totalCirculating": 27815361.852665354, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Scroll", "Polygon", "BSC", "Fantom", "Avalanche", "Polygon zkEVM", "ZKsync Era"], "chainCount": 10, "defillamaId": "8", "geckoId": "liquity-usd"}, "description": "LUSD is Liquity's fully decentralized dollar stablecoin, minted only against ETH at a 110% collateral ratio, with on-chain redemption and immutable code. The static profile records its US Dollar peg mechanism as: Overcollateralized ETH CDPs (Troves) with three peg mechanisms: (1) hard floor at $1 via direct on-chain redemption of LUSD for $1 of ETH from the riskiest Trove; (2) Stability Pool absorbs liquidations at 110% collateral ratio; (3)...", "mintRedeemDescription": "Pharos classifies LUSD backing as Crypto-Collateralized. Collateral, per the static profile: ETH only; 110% minimum collateralization ratio per Trove (CDP), with a one-time borrowing fee instead of ongoing interest Reserve evidence: live reserve feed configured."}, "0x23001f892c0c82b79303edc9b9033cd190bb21c7": {"symbol": "LUSD", "name": "Liquity USD", "chain": "polygon", "decimals": 18, "pharos": {"id": "lusd-liquity", "grade": "B+", "score": 78, "weakestPillar": {"pillar": "backing", "score": 79.0586923076923}, "url": "https://pharos.watch/stablecoin/lusd-liquity"}, "defillama": {"totalCirculating": 27815361.852665354, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Scroll", "Polygon", "BSC", "Fantom", "Avalanche", "Polygon zkEVM", "ZKsync Era"], "chainCount": 10, "defillamaId": "8", "geckoId": "liquity-usd"}, "description": "LUSD is Liquity's fully decentralized dollar stablecoin, minted only against ETH at a 110% collateral ratio, with on-chain redemption and immutable code. The static profile records its US Dollar peg mechanism as: Overcollateralized ETH CDPs (Troves) with three peg mechanisms: (1) hard floor at $1 via direct on-chain redemption of LUSD for $1 of ETH from the riskiest Trove; (2) Stability Pool absorbs liquidations at 110% collateral ratio; (3)...", "mintRedeemDescription": "Pharos classifies LUSD backing as Crypto-Collateralized. Collateral, per the static profile: ETH only; 110% minimum collateralization ratio per Trove (CDP), with a one-time borrowing fee instead of ongoing interest Reserve evidence: live reserve feed configured."}, "0xedeabc3a1e7d21fe835ffa6f83a710c70bb1a051": {"symbol": "LUSD", "name": "Liquity USD", "chain": "scroll", "decimals": 18, "pharos": {"id": "lusd-liquity", "grade": "B+", "score": 78, "weakestPillar": {"pillar": "backing", "score": 79.0586923076923}, "url": "https://pharos.watch/stablecoin/lusd-liquity"}, "defillama": {"totalCirculating": 27815361.852665354, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Scroll", "Polygon", "BSC", "Fantom", "Avalanche", "Polygon zkEVM", "ZKsync Era"], "chainCount": 10, "defillamaId": "8", "geckoId": "liquity-usd"}, "description": "LUSD is Liquity's fully decentralized dollar stablecoin, minted only against ETH at a 110% collateral ratio, with on-chain redemption and immutable code. The static profile records its US Dollar peg mechanism as: Overcollateralized ETH CDPs (Troves) with three peg mechanisms: (1) hard floor at $1 via direct on-chain redemption of LUSD for $1 of ETH from the riskiest Trove; (2) Stability Pool absorbs liquidations at 110% collateral ratio; (3)...", "mintRedeemDescription": "Pharos classifies LUSD backing as Crypto-Collateralized. Collateral, per the static profile: ETH only; 110% minimum collateralization ratio per Trove (CDP), with a one-time borrowing fee instead of ongoing interest Reserve evidence: live reserve feed configured."}, "0x181002d60d504d30a39601ae13af3191cb102580": {"symbol": "LUSD", "name": "Liquity USD", "chain": "bsc", "decimals": 18, "pharos": {"id": "lusd-liquity", "grade": "B+", "score": 78, "weakestPillar": {"pillar": "backing", "score": 79.0586923076923}, "url": "https://pharos.watch/stablecoin/lusd-liquity"}, "defillama": {"totalCirculating": 27815361.852665354, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Scroll", "Polygon", "BSC", "Fantom", "Avalanche", "Polygon zkEVM", "ZKsync Era"], "chainCount": 10, "defillamaId": "8", "geckoId": "liquity-usd"}, "description": "LUSD is Liquity's fully decentralized dollar stablecoin, minted only against ETH at a 110% collateral ratio, with on-chain redemption and immutable code. The static profile records its US Dollar peg mechanism as: Overcollateralized ETH CDPs (Troves) with three peg mechanisms: (1) hard floor at $1 via direct on-chain redemption of LUSD for $1 of ETH from the riskiest Trove; (2) Stability Pool absorbs liquidations at 110% collateral ratio; (3)...", "mintRedeemDescription": "Pharos classifies LUSD backing as Crypto-Collateralized. Collateral, per the static profile: ETH only; 110% minimum collateralization ratio per Trove (CDP), with a one-time borrowing fee instead of ongoing interest Reserve evidence: live reserve feed configured."}, "0xda0019e7e50ee4990440b1aa5dffcac6e27ee27b": {"symbol": "LUSD", "name": "Liquity USD", "chain": "avalanche", "decimals": 18, "pharos": {"id": "lusd-liquity", "grade": "B+", "score": 78, "weakestPillar": {"pillar": "backing", "score": 79.0586923076923}, "url": "https://pharos.watch/stablecoin/lusd-liquity"}, "defillama": {"totalCirculating": 27815361.852665354, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Scroll", "Polygon", "BSC", "Fantom", "Avalanche", "Polygon zkEVM", "ZKsync Era"], "chainCount": 10, "defillamaId": "8", "geckoId": "liquity-usd"}, "description": "LUSD is Liquity's fully decentralized dollar stablecoin, minted only against ETH at a 110% collateral ratio, with on-chain redemption and immutable code. The static profile records its US Dollar peg mechanism as: Overcollateralized ETH CDPs (Troves) with three peg mechanisms: (1) hard floor at $1 via direct on-chain redemption of LUSD for $1 of ETH from the riskiest Trove; (2) Stability Pool absorbs liquidations at 110% collateral ratio; (3)...", "mintRedeemDescription": "Pharos classifies LUSD backing as Crypto-Collateralized. Collateral, per the static profile: ETH only; 110% minimum collateralization ratio per Trove (CDP), with a one-time borrowing fee instead of ongoing interest Reserve evidence: live reserve feed configured."}, "0x16365b45eb269b5b5dacb34b4a15399ec79b95eb": {"symbol": "LUSD", "name": "Liquity USD", "chain": "fantom", "decimals": 18, "pharos": {"id": "lusd-liquity", "grade": "B+", "score": 78, "weakestPillar": {"pillar": "backing", "score": 79.0586923076923}, "url": "https://pharos.watch/stablecoin/lusd-liquity"}, "defillama": {"totalCirculating": 27815361.852665354, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Scroll", "Polygon", "BSC", "Fantom", "Avalanche", "Polygon zkEVM", "ZKsync Era"], "chainCount": 10, "defillamaId": "8", "geckoId": "liquity-usd"}, "description": "LUSD is Liquity's fully decentralized dollar stablecoin, minted only against ETH at a 110% collateral ratio, with on-chain redemption and immutable code. The static profile records its US Dollar peg mechanism as: Overcollateralized ETH CDPs (Troves) with three peg mechanisms: (1) hard floor at $1 via direct on-chain redemption of LUSD for $1 of ETH from the riskiest Trove; (2) Stability Pool absorbs liquidations at 110% collateral ratio; (3)...", "mintRedeemDescription": "Pharos classifies LUSD backing as Crypto-Collateralized. Collateral, per the static profile: ETH only; 110% minimum collateralization ratio per Trove (CDP), with a one-time borrowing fee instead of ongoing interest Reserve evidence: live reserve feed configured."}, "0x01e9a866c361ead20ab4e838287dd464dc67a50e": {"symbol": "LUSD", "name": "Liquity USD", "chain": "polygon-zkevm", "decimals": 18, "pharos": {"id": "lusd-liquity", "grade": "B+", "score": 78, "weakestPillar": {"pillar": "backing", "score": 79.0586923076923}, "url": "https://pharos.watch/stablecoin/lusd-liquity"}, "defillama": {"totalCirculating": 27815361.852665354, "chains": ["Ethereum", "Arbitrum", "OP Mainnet", "Scroll", "Polygon", "BSC", "Fantom", "Avalanche", "Polygon zkEVM", "ZKsync Era"], "chainCount": 10, "defillamaId": "8", "geckoId": "liquity-usd"}, "description": "LUSD is Liquity's fully decentralized dollar stablecoin, minted only against ETH at a 110% collateral ratio, with on-chain redemption and immutable code. The static profile records its US Dollar peg mechanism as: Overcollateralized ETH CDPs (Troves) with three peg mechanisms: (1) hard floor at $1 via direct on-chain redemption of LUSD for $1 of ETH from the riskiest Trove; (2) Stability Pool absorbs liquidations at 110% collateral ratio; (3)...", "mintRedeemDescription": "Pharos classifies LUSD backing as Crypto-Collateralized. Collateral, per the static profile: ETH only; 110% minimum collateralization ratio per Trove (CDP), with a one-time borrowing fee instead of ongoing interest Reserve evidence: live reserve feed configured."}, "0x7dc9748da8e762e569f9269f48f69a1a9f8ea761": {"symbol": "ZeUSD", "name": "Zoth ZeUSD", "chain": "ethereum", "decimals": 6, "pharos": {"id": "zeusd-zoth", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/zeusd-zoth"}, "defillama": {"totalCirculating": 27632713.149015844, "chains": ["Ethereum", "Manta", "Metis", "Avalanche"], "chainCount": 4, "defillamaId": "225", "geckoId": null}, "description": "ZeUSD is a fully composable, omnichain, RWA-backed CDP stable token, issued on top of high-quality liquid off-chain or on-chain RWAs like US TBIlls, ETFs, MMFs, Reverse Repos etc", "mintRedeemDescription": "ZeUSD is created when users deposit eligible RWA as collateral to open a collateralized debt position"}, "0x2d3d1a6982840dd88bc2380fd557f8a9d5e27a77": {"symbol": "ZeUSD", "name": "Zoth ZeUSD", "chain": "metis", "decimals": 6, "pharos": {"id": "zeusd-zoth", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/zeusd-zoth"}, "defillama": {"totalCirculating": 27632713.149015844, "chains": ["Ethereum", "Manta", "Metis", "Avalanche"], "chainCount": 4, "defillamaId": "225", "geckoId": null}, "description": "ZeUSD is a fully composable, omnichain, RWA-backed CDP stable token, issued on top of high-quality liquid off-chain or on-chain RWAs like US TBIlls, ETFs, MMFs, Reverse Repos etc", "mintRedeemDescription": "ZeUSD is created when users deposit eligible RWA as collateral to open a collateralized debt position"}, "0x8238884ec9668ef77b90c6dff4d1a9f4f4823bfe": {"symbol": "USDO", "name": "OpenDollar USDO", "chain": "ethereum", "decimals": 18, "pharos": {"id": "usdo-openeden", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 46.056414090000004}, "url": "https://pharos.watch/stablecoin/usdo-openeden"}, "defillama": {"totalCirculating": 25961395.021313716, "chains": ["Ethereum", "BSC", "Base", "Plasma"], "chainCount": 4, "defillamaId": "241", "geckoId": "openeden-open-dollar"}, "description": "USDO is OpenEden's rebasing dollar token backed by tokenized U.S. Treasuries (TBILL, BUIDL, VBILL), RLUSD, and USDC, issued under a Bermuda DABA license. The static profile records its US Dollar peg mechanism as: Rebasing stablecoin fixed at $1; supply rebases daily to distribute yield; mint/redemption at 1:1 with USDC via OpenEden platform", "mintRedeemDescription": "Pharos classifies USDO backing as Real-World Asset Backed. Collateral, per the static profile: USDO is backed by OpenEden reserve assets including tokenized U.S. Treasury bill exposure through TBILL, BlackRock BUIDL, VBILL, and a liquidity buffer of RLUSD and USDC. Reserve evidence: Real-Time PoR from OpenEden issuer reserve API and transparency dashboard."}, "0x302e52aff9815b9d1682473dbfb9c74f9b750aa8": {"symbol": "USDO", "name": "OpenDollar USDO", "chain": "bsc", "decimals": 18, "pharos": {"id": "usdo-openeden", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 46.056414090000004}, "url": "https://pharos.watch/stablecoin/usdo-openeden"}, "defillama": {"totalCirculating": 25961395.021313716, "chains": ["Ethereum", "BSC", "Base", "Plasma"], "chainCount": 4, "defillamaId": "241", "geckoId": "openeden-open-dollar"}, "description": "USDO is OpenEden's rebasing dollar token backed by tokenized U.S. Treasuries (TBILL, BUIDL, VBILL), RLUSD, and USDC, issued under a Bermuda DABA license. The static profile records its US Dollar peg mechanism as: Rebasing stablecoin fixed at $1; supply rebases daily to distribute yield; mint/redemption at 1:1 with USDC via OpenEden platform", "mintRedeemDescription": "Pharos classifies USDO backing as Real-World Asset Backed. Collateral, per the static profile: USDO is backed by OpenEden reserve assets including tokenized U.S. Treasury bill exposure through TBILL, BlackRock BUIDL, VBILL, and a liquidity buffer of RLUSD and USDC. Reserve evidence: Real-Time PoR from OpenEden issuer reserve API and transparency dashboard."}, "0x87e617c7484ade79fcd90db58beb82b057facb48": {"symbol": "USDO", "name": "OpenDollar USDO", "chain": "plasma", "decimals": 18, "pharos": {"id": "usdo-openeden", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 46.056414090000004}, "url": "https://pharos.watch/stablecoin/usdo-openeden"}, "defillama": {"totalCirculating": 25961395.021313716, "chains": ["Ethereum", "BSC", "Base", "Plasma"], "chainCount": 4, "defillamaId": "241", "geckoId": "openeden-open-dollar"}, "description": "USDO is OpenEden's rebasing dollar token backed by tokenized U.S. Treasuries (TBILL, BUIDL, VBILL), RLUSD, and USDC, issued under a Bermuda DABA license. The static profile records its US Dollar peg mechanism as: Rebasing stablecoin fixed at $1; supply rebases daily to distribute yield; mint/redemption at 1:1 with USDC via OpenEden platform", "mintRedeemDescription": "Pharos classifies USDO backing as Real-World Asset Backed. Collateral, per the static profile: USDO is backed by OpenEden reserve assets including tokenized U.S. Treasury bill exposure through TBILL, BlackRock BUIDL, VBILL, and a liquidity buffer of RLUSD and USDC. Reserve evidence: Real-Time PoR from OpenEden issuer reserve API and transparency dashboard."}, "0x4ba01f22827018b4772cd326c7627fb4956a7c00": {"symbol": "MSUSD", "name": "Main Street USD", "chain": "ethereum", "decimals": 18, "pharos": {"id": "msusd-main-street", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/msusd-main-street"}, "description": "msUSD was Main Street's dollar token; Pharos freezes it after Accountable terminated reserve verification and the token permanently depegged in June 2026. The static profile records its US Dollar peg mechanism as: Formerly redeemed by verified users through capacity-limited USDC withdrawals after a protocol cooldown. Following the June 2026 verification failure and depeg, Pharos treats msUSD as a frozen collapse case rather than an active...", "mintRedeemDescription": "Pharos classifies MSUSD backing as Crypto-Collateralized. Collateral, per the static profile: Main Street docs described msUSD mint/redemption against USDC and strategy assets, but third-party verification was terminated and Pharos no longer treats the reserve base as active, verified dollar backing. Reserve evidence: curated reserve profile."}, "0xe5fb2ed6832def99dde57c0b9d9a56537c89121d": {"symbol": "MSUSD", "name": "Main Street USD", "chain": "sonic", "decimals": 18, "pharos": {"id": "msusd-main-street", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/msusd-main-street"}, "description": "msUSD was Main Street's dollar token; Pharos freezes it after Accountable terminated reserve verification and the token permanently depegged in June 2026. The static profile records its US Dollar peg mechanism as: Formerly redeemed by verified users through capacity-limited USDC withdrawals after a protocol cooldown. Following the June 2026 verification failure and depeg, Pharos treats msUSD as a frozen collapse case rather than an active...", "mintRedeemDescription": "Pharos classifies MSUSD backing as Crypto-Collateralized. Collateral, per the static profile: Main Street docs described msUSD mint/redemption against USDC and strategy assets, but third-party verification was terminated and Pharos no longer treats the reserve base as active, verified dollar backing. Reserve evidence: curated reserve profile."}, "0xcfa3ef56d303ae4faaba0592388f19d7c3399fb4": {"symbol": "EUSD", "name": "Electronic USD", "chain": "base", "decimals": 18, "pharos": {"id": "eusd-electronic-usd", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/eusd-electronic-usd"}, "description": "The eUSD RToken is a fully collateralized US-dollar stablecoin built on the Reserve Protocol", "mintRedeemDescription": "Minting requires a deposit of the defined collateral tokens in equal value amounts to the RToken smart contracts"}, "0x12275dcb9048680c4be40942ea4d92c74c63b844": {"symbol": "EUSD", "name": "Electronic USD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "eusd-electronic-usd", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/eusd-electronic-usd"}, "description": "The eUSD RToken is a fully collateralized US-dollar stablecoin built on the Reserve Protocol", "mintRedeemDescription": "Minting requires a deposit of the defined collateral tokens in equal value amounts to the RToken smart contracts"}, "0x4a771cc1a39fdd8aa08b8ea51f7fd412e73b3d2b": {"symbol": "USDX", "name": "Hex Trust USDX", "chain": "flare", "decimals": 6, "pharos": {"id": "usdx-hex-trust", "grade": "F", "score": 12, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/usdx-hex-trust"}, "description": "USDX is Hex Trust's U.S. dollar stablecoin redeemable 1:1, backed by 1-3 month U.S. Treasury bills and cash at tier-1 banks under Hong Kong issuer disclosures. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Hex Trust", "mintRedeemDescription": "Pharos classifies USDX backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents, primarily 1–3 month U.S. Treasury bills held at global tier-1 financial institutions Reserve evidence: live reserve feed configured."}, "0x0a5e677a6a24b2f1a2bf4f3bffc443231d2fdec8": {"symbol": "USX", "name": "dForce USD", "chain": "ethereum", "decimals": 18, "pharos": {"id": "usx-dforce", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usx-dforce"}, "description": "USX was dForce's CDP-style stablecoin, frozen in July 2026 after legacy dForce/Unitus debt left it near $0.39 with no credible par-redemption route. The static profile records its US Dollar peg mechanism as: USX is minted and redeemed through dForce/Unitus stablecoin and lending routes, with sUSX as a separate yield-bearing wrapper", "mintRedeemDescription": "Pharos classifies USX backing as Crypto-Collateralized. Collateral, per the static profile: dForce/Unitus stablecoin reserves and overcollateralized crypto positions; docs describe USDT, USDC, DAI and protocol collateral routes Reserve evidence: curated reserve profile."}, "0xb5102cee1528ce2c760893034a4603663495fd72": {"symbol": "USX", "name": "dForce USD", "chain": "bsc", "decimals": 18, "pharos": {"id": "usx-dforce", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usx-dforce"}, "description": "USX was dForce's CDP-style stablecoin, frozen in July 2026 after legacy dForce/Unitus debt left it near $0.39 with no credible par-redemption route. The static profile records its US Dollar peg mechanism as: USX is minted and redeemed through dForce/Unitus stablecoin and lending routes, with sUSX as a separate yield-bearing wrapper", "mintRedeemDescription": "Pharos classifies USX backing as Crypto-Collateralized. Collateral, per the static profile: dForce/Unitus stablecoin reserves and overcollateralized crypto positions; docs describe USDT, USDC, DAI and protocol collateral routes Reserve evidence: curated reserve profile."}, "0x641441c631e2f909700d2f41fd87f0aa6a6b4edb": {"symbol": "USX", "name": "dForce USD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "usx-dforce", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usx-dforce"}, "description": "USX was dForce's CDP-style stablecoin, frozen in July 2026 after legacy dForce/Unitus debt left it near $0.39 with no credible par-redemption route. The static profile records its US Dollar peg mechanism as: USX is minted and redeemed through dForce/Unitus stablecoin and lending routes, with sUSX as a separate yield-bearing wrapper", "mintRedeemDescription": "Pharos classifies USX backing as Crypto-Collateralized. Collateral, per the static profile: dForce/Unitus stablecoin reserves and overcollateralized crypto positions; docs describe USDT, USDC, DAI and protocol collateral routes Reserve evidence: curated reserve profile."}, "0xbfd291da8a403daaf7e5e9dc1ec0aceacd4848b9": {"symbol": "USX", "name": "dForce USD", "chain": "optimism", "decimals": 18, "pharos": {"id": "usx-dforce", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usx-dforce"}, "description": "USX was dForce's CDP-style stablecoin, frozen in July 2026 after legacy dForce/Unitus debt left it near $0.39 with no credible par-redemption route. The static profile records its US Dollar peg mechanism as: USX is minted and redeemed through dForce/Unitus stablecoin and lending routes, with sUSX as a separate yield-bearing wrapper", "mintRedeemDescription": "Pharos classifies USX backing as Crypto-Collateralized. Collateral, per the static profile: dForce/Unitus stablecoin reserves and overcollateralized crypto positions; docs describe USDT, USDC, DAI and protocol collateral routes Reserve evidence: curated reserve profile."}, "0xc142171b138db17a1b7cb999c44526094a4dae05": {"symbol": "USX", "name": "dForce USD", "chain": "base", "decimals": 18, "pharos": {"id": "usx-dforce", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usx-dforce"}, "description": "USX was dForce's CDP-style stablecoin, frozen in July 2026 after legacy dForce/Unitus debt left it near $0.39 with no credible par-redemption route. The static profile records its US Dollar peg mechanism as: USX is minted and redeemed through dForce/Unitus stablecoin and lending routes, with sUSX as a separate yield-bearing wrapper", "mintRedeemDescription": "Pharos classifies USX backing as Crypto-Collateralized. Collateral, per the static profile: dForce/Unitus stablecoin reserves and overcollateralized crypto positions; docs describe USDT, USDC, DAI and protocol collateral routes Reserve evidence: curated reserve profile."}, "0xcf66eb3d546f0415b368d98a95eaf56ded7aa752": {"symbol": "USX", "name": "dForce USD", "chain": "polygon", "decimals": 18, "pharos": {"id": "usx-dforce", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usx-dforce"}, "description": "USX was dForce's CDP-style stablecoin, frozen in July 2026 after legacy dForce/Unitus debt left it near $0.39 with no credible par-redemption route. The static profile records its US Dollar peg mechanism as: USX is minted and redeemed through dForce/Unitus stablecoin and lending routes, with sUSX as a separate yield-bearing wrapper", "mintRedeemDescription": "Pharos classifies USX backing as Crypto-Collateralized. Collateral, per the static profile: dForce/Unitus stablecoin reserves and overcollateralized crypto positions; docs describe USDT, USDC, DAI and protocol collateral routes Reserve evidence: curated reserve profile."}, "0xdb0e1e86b01c4ad25241b1843e407efc4d615248": {"symbol": "USX", "name": "dForce USD", "chain": "kava", "decimals": 18, "pharos": {"id": "usx-dforce", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usx-dforce"}, "description": "USX was dForce's CDP-style stablecoin, frozen in July 2026 after legacy dForce/Unitus debt left it near $0.39 with no credible par-redemption route. The static profile records its US Dollar peg mechanism as: USX is minted and redeemed through dForce/Unitus stablecoin and lending routes, with sUSX as a separate yield-bearing wrapper", "mintRedeemDescription": "Pharos classifies USX backing as Crypto-Collateralized. Collateral, per the static profile: dForce/Unitus stablecoin reserves and overcollateralized crypto positions; docs describe USDT, USDC, DAI and protocol collateral routes Reserve evidence: curated reserve profile."}, "0x853ea32391aaa14c112c645fd20ba389ab25c5e0": {"symbol": "USX", "name": "dForce USD", "chain": "avalanche", "decimals": 18, "pharos": {"id": "usx-dforce", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usx-dforce"}, "description": "USX was dForce's CDP-style stablecoin, frozen in July 2026 after legacy dForce/Unitus debt left it near $0.39 with no credible par-redemption route. The static profile records its US Dollar peg mechanism as: USX is minted and redeemed through dForce/Unitus stablecoin and lending routes, with sUSX as a separate yield-bearing wrapper", "mintRedeemDescription": "Pharos classifies USX backing as Crypto-Collateralized. Collateral, per the static profile: dForce/Unitus stablecoin reserves and overcollateralized crypto positions; docs describe USDT, USDC, DAI and protocol collateral routes Reserve evidence: curated reserve profile."}, "0xec2af1c8b110a61fd9c3fa6a554a031ca9943926": {"symbol": "USDM", "name": "MegaUSD", "chain": "ethereum", "decimals": 18, "pharos": {"id": "usdm-mega", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 42.50000000000001}, "url": "https://pharos.watch/stablecoin/usdm-mega"}, "description": "USDM is MegaETH's dollar stablecoin issued on Ethena's USDtb rails, backed ~90% by BlackRock BUIDL tokenized Treasuries; reserve yield funds sequencer costs. The static profile records its US Dollar peg mechanism as: Issued on Ethena's USDtb rails; reserve yield funds MegaETH sequencer costs", "mintRedeemDescription": "Pharos classifies USDM backing as Real-World Asset Backed. Collateral, per the static profile: ~90% USDtb (BlackRock BUIDL tokenized Treasuries via Securitize) with liquid stablecoins for redemptions Reserve evidence: curated reserve profile."}, "0x765de816845861e75a25fca122bb6898b8b1282a": {"symbol": "USDm", "name": "Mento Dollar", "chain": "celo", "decimals": 18, "pharos": {"id": "cusd-celo", "grade": "D", "score": 47, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cusd-celo"}, "description": "Mento Dollars (USDm) are stablecoins that follow the US Dollar and are backed by Mento's Reserve system. The Mento Reserve is diversified portfolio of crypto assets.", "mintRedeemDescription": "USDm is backed by fiat-backed stablecoins held in the Mento Reserve. Minting and redemption occur through oracle-priced Fixed-Price Market Maker (FPMM) pools."}, "0xbc69212b8e4d445b2307c9d32dd68e2a4df00115": {"symbol": "USDm", "name": "Mento Dollar", "chain": "monad", "decimals": 18, "pharos": {"id": "cusd-celo", "grade": "D", "score": 47, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cusd-celo"}, "description": "Mento Dollars (USDm) are stablecoins that follow the US Dollar and are backed by Mento's Reserve system. The Mento Reserve is diversified portfolio of crypto assets.", "mintRedeemDescription": "USDm is backed by fiat-backed stablecoins held in the Mento Reserve. Minting and redemption occur through oracle-priced Fixed-Price Market Maker (FPMM) pools."}, "0x08745bee17026ed2e0e39a98f81189b9e14ab1b3": {"symbol": "USDm", "name": "Mento Dollar", "chain": "klaytn", "decimals": 18, "pharos": {"id": "cusd-celo", "grade": "D", "score": 47, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cusd-celo"}, "description": "Mento Dollars (USDm) are stablecoins that follow the US Dollar and are backed by Mento's Reserve system. The Mento Reserve is diversified portfolio of crypto assets.", "mintRedeemDescription": "USDm is backed by fiat-backed stablecoins held in the Mento Reserve. Minting and redemption occur through oracle-priced Fixed-Price Market Maker (FPMM) pools."}, "0x4917a5ec9fcb5e10f47cbb197abe6ab63be81fe8": {"symbol": "AZND", "name": "Mu Digital AZND", "chain": "monad", "decimals": 18, "pharos": {"id": "aznd-mu-digital", "grade": "F", "score": 37, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/aznd-mu-digital"}, "defillama": {"totalCirculating": 16326375.99, "chains": ["Monad"], "chainCount": 1, "defillamaId": "327", "geckoId": "mu-digital-aznd"}, "description": "AZND (the \"Asian Dollar\") is a synthetic dollar backed by Asia's best RWAs, designed for stability and steady yield.", "mintRedeemDescription": "Direct minting and redemption of AZND is available to approved counterparties that have cleared Mu Digital's KYC procedures."}, "0x531a654d1696ed52e7275a8cede955e82620f99a": {"symbol": "HOLLAR", "name": "Hydrated Dollar", "chain": "hydration", "decimals": 18, "pharos": {"id": "hollar-hydrated", "grade": null, "score": null, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/hollar-hydrated"}, "defillama": {"totalCirculating": 11358113.756734027, "chains": ["Hydration"], "chainCount": 1, "defillamaId": "312", "geckoId": "hydrated-dollar"}, "description": "The decentralized digital dollar for trading, saving, and earning", "mintRedeemDescription": "HOLLAR is minted against crypto collateral deposited by users into the protocol, inheriting the same proven architecture as the Aave GHO protocol"}, "0x111111a1a0667d36bd57c0a9f569b98057111111": {"symbol": "USDH", "name": "USDH Stablecoin", "chain": "hyperevm", "decimals": 6, "pharos": {"id": "usdh-native-markets", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usdh-native-markets"}, "description": "USDH is Native Markets' Hyperliquid dollar stablecoin issued by Bridge (Stripe), redeemable 1:1 against cash, U.S. Treasuries, repos, and tokenized treasuries. The static profile records its US Dollar peg mechanism as: Direct 1:1 mint/redemption through Bridge Building Inc. (a Stripe subsidiary, FinCEN MSB); fully reserved by cash and cash equivalents, US government money market funds, and asset-backed tokens (Superstate USTB, USDC); monthly...", "mintRedeemDescription": "Pharos classifies USDH backing as Real-World Asset Backed. Collateral, per the static profile: Held reserves per the March 2026 attestation: tokenized asset-backed tokens (Superstate USTB ~65%, USDC ~13%), US government money market funds (~22%), and cash and cash equivalents at US-regulated banks (~1%). Eligible reserves per the... Reserve evidence: Independent Audit from BPM LLP."}, "0xcb8fa9a76b8e203d8c3797bf438d8fb81ea3326a": {"symbol": "ALUSD", "name": "Alchemix USD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "alusd-alchemix", "grade": "F", "score": 32, "weakestPillar": {"pillar": "exit", "score": 42.72}, "url": "https://pharos.watch/stablecoin/alusd-alchemix"}, "defillama": {"totalCirculating": 9744817.674074478, "chains": ["Ethereum", "OP Mainnet", "Arbitrum", "Fantom"], "chainCount": 4, "defillamaId": "20", "geckoId": "alchemix-usd"}, "description": "alUSD is a yield-backed synthetic stablecoin powered by the Alchemix protocol.", "mintRedeemDescription": "alUSD is minted by depositing an accepted collateral asset into an Alchemix Vault. The collateral is used to generate yield that pays down the alUSD debt. Any alUSD used to repay the loan to retrieve the collateral is burned."}, "0xb67fa6defce4042070eb1ae1511dcd6dcc6a532e": {"symbol": "ALUSD", "name": "Alchemix USD", "chain": "fantom", "decimals": 18, "pharos": {"id": "alusd-alchemix", "grade": "F", "score": 32, "weakestPillar": {"pillar": "exit", "score": 42.72}, "url": "https://pharos.watch/stablecoin/alusd-alchemix"}, "defillama": {"totalCirculating": 9744817.674074478, "chains": ["Ethereum", "OP Mainnet", "Arbitrum", "Fantom"], "chainCount": 4, "defillamaId": "20", "geckoId": "alchemix-usd"}, "description": "alUSD is a yield-backed synthetic stablecoin powered by the Alchemix protocol.", "mintRedeemDescription": "alUSD is minted by depositing an accepted collateral asset into an Alchemix Vault. The collateral is used to generate yield that pays down the alUSD debt. Any alUSD used to repay the loan to retrieve the collateral is burned."}, "0x303241e2b3b4aed0bb0f8623e7442368fed8faf3": {"symbol": "ALUSD", "name": "Alchemix USD", "chain": "metis", "decimals": 18, "pharos": {"id": "alusd-alchemix", "grade": "F", "score": 32, "weakestPillar": {"pillar": "exit", "score": 42.72}, "url": "https://pharos.watch/stablecoin/alusd-alchemix"}, "defillama": {"totalCirculating": 9744817.674074478, "chains": ["Ethereum", "OP Mainnet", "Arbitrum", "Fantom"], "chainCount": 4, "defillamaId": "20", "geckoId": "alchemix-usd"}, "description": "alUSD is a yield-backed synthetic stablecoin powered by the Alchemix protocol.", "mintRedeemDescription": "alUSD is minted by depositing an accepted collateral asset into an Alchemix Vault. The collateral is used to generate yield that pays down the alUSD debt. Any alUSD used to repay the loan to retrieve the collateral is burned."}, "0x44bb433d29fe966992a9c812da7f252c9c53f285": {"symbol": "RUSD", "name": "Royal Dollar", "chain": "ethereum", "decimals": 18, "pharos": {"id": "rusd-royal-dollar", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/rusd-royal-dollar"}, "description": "RUSD is RIB / Royal Coins' centralized dollar stablecoin backed by issuer-managed cash and short-term liquid reserve assets with KYC-gated mint and redemption. The static profile records its US Dollar peg mechanism as: Centralized 1:1 dollar token with issuer-managed mint and redemption processes for approved users", "mintRedeemDescription": "Pharos classifies RUSD backing as Real-World Asset Backed. Collateral, per the static profile: Issuer-managed fiat reserve assets and short-term liquid instruments disclosed by Royal/R Coins materials Reserve evidence: live reserve feed configured."}, "0xb291996477504506bf5f583102b5b5ea5d1e40e0": {"symbol": "USDQ", "name": "Quantoz USDQ", "chain": "polygon", "decimals": 6, "pharos": {"id": "usdq-quantoz", "grade": "C-", "score": 51, "weakestPillar": {"pillar": "backing", "score": 39.5}, "url": "https://pharos.watch/stablecoin/usdq-quantoz"}, "description": "USDQ is Quantoz Payments' MiCA-authorized dollar e-money token, backed by cash, deposits, and EU and U.S. government bonds. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Quantoz Payments for onboarded customers; reserves are disclosed against circulating supply on the Quantoz transparency page", "mintRedeemDescription": "Pharos classifies USDQ backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits and government bonds (Netherlands, Germany, US) held in segregated, bankruptcy-remote accounts at Tier 1 European banks by Stichting Quantoz, supervised by DNB; reserve ratio disclosed on Quantoz's transparency page Reserve evidence: Self-Reported PoR from Quantoz transparency dashboard."}, "0x04d5ddf5f3a8939889f11e97f8c4bb48317f1938": {"symbol": "USDz", "name": "Anzen USDz", "chain": "base", "decimals": 18, "pharos": {"id": "usdz-anzen", "grade": "F", "score": 36, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/usdz-anzen"}, "defillama": {"totalCirculating": 7854896.036341555, "chains": ["Base", "Ethereum", "Manta", "Blast"], "chainCount": 4, "defillamaId": "202", "geckoId": "anzen-usdz"}, "description": "USDz is Anzen's RWA dollar backed 1:1 by SPCT, a permissioned token representing a diversified portfolio of U.S. private-credit assets. The static profile records its US Dollar peg mechanism as: USDz is minted and redeemed 1:1 against SPCT through audited smart contracts; secondary-market arbitrage supports the dollar peg", "mintRedeemDescription": "Pharos classifies USDz backing as Real-World Asset Backed. Collateral, per the static profile: Diversified U.S. private-credit assets tokenized as permissioned Secured Private Credit Tokens (SPCT), with USDz backed 1:1 by SPCT Reserve evidence: Real-Time PoR from Anzen transparency dashboard."}, "0x5018609ab477cc502e170a5accf5312b86a4b94f": {"symbol": "USDz", "name": "Anzen USDz", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "usdz-anzen", "grade": "F", "score": 36, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/usdz-anzen"}, "defillama": {"totalCirculating": 7854896.036341555, "chains": ["Base", "Ethereum", "Manta", "Blast"], "chainCount": 4, "defillamaId": "202", "geckoId": "anzen-usdz"}, "description": "USDz is Anzen's RWA dollar backed 1:1 by SPCT, a permissioned token representing a diversified portfolio of U.S. private-credit assets. The static profile records its US Dollar peg mechanism as: USDz is minted and redeemed 1:1 against SPCT through audited smart contracts; secondary-market arbitrage supports the dollar peg", "mintRedeemDescription": "Pharos classifies USDz backing as Real-World Asset Backed. Collateral, per the static profile: Diversified U.S. private-credit assets tokenized as permissioned Secured Private Credit Tokens (SPCT), with USDz backed 1:1 by SPCT Reserve evidence: Real-Time PoR from Anzen transparency dashboard."}, "0x52056ed29fe015f4ba2e3b079d10c0b87f46e8c6": {"symbol": "USDz", "name": "Anzen USDz", "chain": "blast", "decimals": 18, "pharos": {"id": "usdz-anzen", "grade": "F", "score": 36, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/usdz-anzen"}, "defillama": {"totalCirculating": 7854896.036341555, "chains": ["Base", "Ethereum", "Manta", "Blast"], "chainCount": 4, "defillamaId": "202", "geckoId": "anzen-usdz"}, "description": "USDz is Anzen's RWA dollar backed 1:1 by SPCT, a permissioned token representing a diversified portfolio of U.S. private-credit assets. The static profile records its US Dollar peg mechanism as: USDz is minted and redeemed 1:1 against SPCT through audited smart contracts; secondary-market arbitrage supports the dollar peg", "mintRedeemDescription": "Pharos classifies USDz backing as Real-World Asset Backed. Collateral, per the static profile: Diversified U.S. private-credit assets tokenized as permissioned Secured Private Credit Tokens (SPCT), with USDz backed 1:1 by SPCT Reserve evidence: Real-Time PoR from Anzen transparency dashboard."}, "0x73d23f3778a90be8846e172354a115543df2a7e4": {"symbol": "USDz", "name": "Anzen USDz", "chain": "manta", "decimals": 18, "pharos": {"id": "usdz-anzen", "grade": "F", "score": 36, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/usdz-anzen"}, "defillama": {"totalCirculating": 7854896.036341555, "chains": ["Base", "Ethereum", "Manta", "Blast"], "chainCount": 4, "defillamaId": "202", "geckoId": "anzen-usdz"}, "description": "USDz is Anzen's RWA dollar backed 1:1 by SPCT, a permissioned token representing a diversified portfolio of U.S. private-credit assets. The static profile records its US Dollar peg mechanism as: USDz is minted and redeemed 1:1 against SPCT through audited smart contracts; secondary-market arbitrage supports the dollar peg", "mintRedeemDescription": "Pharos classifies USDz backing as Real-World Asset Backed. Collateral, per the static profile: Diversified U.S. private-credit assets tokenized as permissioned Secured Private Credit Tokens (SPCT), with USDz backed 1:1 by SPCT Reserve evidence: Real-Time PoR from Anzen transparency dashboard."}, "0xf955a6694c6f5629f5ecd514094b3bd450b59000": {"symbol": "NXUSD", "name": "NXUSD", "chain": "polygon", "decimals": 18, "pharos": {"id": "nxusd-nereus", "grade": "F", "score": 39, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/nxusd-nereus"}, "defillama": {"totalCirculating": 7702788.144502888, "chains": ["Avalanche", "Polygon"], "chainCount": 2, "defillamaId": "103", "geckoId": "nxusd"}, "description": "NXUSD is a Nereus Finance overcollateralized CDP issued on Avalanche and Polygon; the token has shown a sustained soft-depeg pattern between $0.95 and $1.01. The static profile records its US Dollar peg mechanism as: Borrowed stablecoin minted against overcollateralized deposits in Nereus markets and repaid or liquidated through protocol rules", "mintRedeemDescription": "Pharos classifies NXUSD backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized Nereus Finance lending positions, primarily Avalanche ecosystem crypto collateral Reserve evidence: live reserve feed configured."}, "0xc0d3700000987c99b3c9009069e4f8413fd22330": {"symbol": "cdxUSD", "name": "Cod3x USD", "chain": "base", "decimals": 18, "pharos": {"id": "cdxusd-cod3x", "grade": "F", "score": null, "weakestPillar": {"pillar": "backing", "score": 35}, "url": "https://pharos.watch/stablecoin/cdxusd-cod3x", "grade_as_of": "2026-08-11", "grade_stale": true}, "defillama": {"totalCirculating": 6182594.21349545, "chains": ["Base"], "chainCount": 1, "defillamaId": "418", "geckoId": "cod3x-usd"}, "description": "cdxUSD is Cod3x's dollar stablecoin on Base, minted and burned by protocol-permissioned Facilitators against strategy-managed crypto and stablecoin collateral. The static profile records its US Dollar peg mechanism as: Cod3x Facilitators can mint and burn cdxUSD under protocol-defined limits; supply is expected to remain sufficiently collateralized by strategy assets", "mintRedeemDescription": "Pharos classifies cdxUSD backing as Crypto-Collateralized. Collateral, per the static profile: Facilitator-managed crypto and stablecoin collateral under Cod3x protocol limits and strategies Reserve evidence: live reserve feed configured."}, "0x6906ccda405926fc3f04240187dd4fad5df6d555": {"symbol": "BtcUSD", "name": "Bitcoin USD", "chain": "bifrost", "decimals": 18, "pharos": {"id": "btcusd-btcfi", "grade": "F", "score": 34, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/btcusd-btcfi"}, "description": "BTCFi is a way for Bitcoin holders to earn passive income while maintaining their BTC positions. By using Bitcoin as a collateral to mint BtcUSD, users can utilize Bitcoin as a way to access DeFi and the opportunities offered by it", "mintRedeemDescription": "Users are able to deposited WBTC or BTCBA and mint btcusd"}, "0xfdcc3dd6671eab0709a4c0f3f53de9a333d80798": {"symbol": "SBC", "name": "Stable Coin", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "sbc-brale", "grade": "C-", "score": 51, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/sbc-brale"}, "defillama": {"totalCirculating": 4648977.393694746, "chains": ["Solana", "Ethereum", "Polygon", "Base", "EthereumClassic", "Stellar", "Celo", "Avalanche", "Arbitrum", "OP Mainnet", "Tempo"], "chainCount": 11, "defillamaId": "324", "geckoId": "stable-coin-2"}, "description": "Stable Coin (SBC) is a payments-focused stablecoin issued by Brale and Stable Coin Inc. It emphasizes redeemability, regulatory compliance, and transparency, offering a reliable USD-pegged asset supported by tools that enable seamless, gasless payment integrations.", "mintRedeemDescription": "SBC can be minted and redeemed directly through Brale’s platform under standard KYC/AML requirements. All tokens are fully backed and redeemable 1:1, ensuring transparent and compliant issuance aligned with established financial practices"}, "0xde093684c796204224bc081f937aa059d903c52a": {"symbol": "SBC", "name": "Stable Coin", "chain": "celo", "decimals": 18, "pharos": {"id": "sbc-brale", "grade": "C-", "score": 51, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/sbc-brale"}, "defillama": {"totalCirculating": 4648977.393694746, "chains": ["Solana", "Ethereum", "Polygon", "Base", "EthereumClassic", "Stellar", "Celo", "Avalanche", "Arbitrum", "OP Mainnet", "Tempo"], "chainCount": 11, "defillamaId": "324", "geckoId": "stable-coin-2"}, "description": "Stable Coin (SBC) is a payments-focused stablecoin issued by Brale and Stable Coin Inc. It emphasizes redeemability, regulatory compliance, and transparency, offering a reliable USD-pegged asset supported by tools that enable seamless, gasless payment integrations.", "mintRedeemDescription": "SBC can be minted and redeemed directly through Brale’s platform under standard KYC/AML requirements. All tokens are fully backed and redeemable 1:1, ensuring transparent and compliant issuance aligned with established financial practices"}, "0x20c000000000000000000000ae247a1130450f09": {"symbol": "SBC", "name": "Stable Coin", "chain": "tempo", "decimals": 6, "pharos": {"id": "sbc-brale", "grade": "C-", "score": 51, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/sbc-brale"}, "defillama": {"totalCirculating": 4648977.393694746, "chains": ["Solana", "Ethereum", "Polygon", "Base", "EthereumClassic", "Stellar", "Celo", "Avalanche", "Arbitrum", "OP Mainnet", "Tempo"], "chainCount": 11, "defillamaId": "324", "geckoId": "stable-coin-2"}, "description": "Stable Coin (SBC) is a payments-focused stablecoin issued by Brale and Stable Coin Inc. It emphasizes redeemability, regulatory compliance, and transparency, offering a reliable USD-pegged asset supported by tools that enable seamless, gasless payment integrations.", "mintRedeemDescription": "SBC can be minted and redeemed directly through Brale’s platform under standard KYC/AML requirements. All tokens are fully backed and redeemable 1:1, ensuring transparent and compliant issuance aligned with established financial practices"}, "0xe700691da7b9851f2f35f8b8182c69c53ccad9db": {"symbol": "DOC", "name": "Dollar on Chain", "chain": "rootstock", "decimals": 18, "pharos": {"id": "doc-money-on-chain", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "exit", "score": 63.67}, "url": "https://pharos.watch/stablecoin/doc-money-on-chain"}, "defillama": {"totalCirculating": 2872870.1173170055, "chains": ["Rootstock", "Arbitrum", "Ethereum"], "chainCount": 3, "defillamaId": "30", "geckoId": null}, "description": "Dollar on Chain an over-collateralized USD-pegged stablecoin backed by rBTC on the RSK Blockchain.", "mintRedeemDescription": "Using the Money On Chain app, users mint DoC by depositing rBTC into a vault. When the loan is repaid to retrieve the collateral, the paid back DoC is burned."}, "0x2ad62eb9744c720364f6ac856360a43e8a2229b5": {"symbol": "DOC", "name": "Dollar on Chain", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "doc-money-on-chain", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "exit", "score": 63.67}, "url": "https://pharos.watch/stablecoin/doc-money-on-chain"}, "defillama": {"totalCirculating": 2872870.1173170055, "chains": ["Rootstock", "Arbitrum", "Ethereum"], "chainCount": 3, "defillamaId": "30", "geckoId": null}, "description": "Dollar on Chain an over-collateralized USD-pegged stablecoin backed by rBTC on the RSK Blockchain.", "mintRedeemDescription": "Using the Money On Chain app, users mint DoC by depositing rBTC into a vault. When the loan is repaid to retrieve the collateral, the paid back DoC is burned."}, "0x7b43e3875440b44613dc3bc08e7763e6da63c8f8": {"symbol": "USDR", "name": "StablR USD", "chain": "ethereum", "decimals": 6, "pharos": {"id": "usdr-stablr", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usdr-stablr"}, "description": "USDR is StablR's MiCA-licensed dollar e-money token; minting and redemption have been suspended since a May 2026 cybersecurity incident. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through StablR (MFSA-supervised EMI)", "mintRedeemDescription": "Pharos classifies USDR backing as Real-World Asset Backed. Collateral, per the static profile: Cash and short-term government bonds held with regulated European financial institutions Reserve evidence: Independent Audit from Grant Thornton."}, "0xefb97aaf77993922ac4be4da8fbc9a2425322677": {"symbol": "USD3", "name": "Web 3 Dollar", "chain": "base", "decimals": 18, "pharos": {"id": "usd3-reserve-protocol", "grade": "B", "score": 70, "weakestPillar": {"pillar": "backing", "score": 66.2671875}, "url": "https://pharos.watch/stablecoin/usd3-reserve-protocol"}, "defillama": {"totalCirculating": 2775221.6649124087, "chains": ["Ethereum", "Base"], "chainCount": 2, "defillamaId": "178", "geckoId": "web-3-dollar"}, "description": "USD3 is a Reserve Protocol RToken/DTF backed by yield-bearing USDC and USDS wrappers (Aave, Compound, Steakhouse, Sky savings), governed by RSR stakers. The static profile records its US Dollar peg mechanism as: Reserve RToken/DTF whose holders can redeem into the backing basket subject to Reserve protocol throttles and basket mechanics; RSR stakers govern and absorb losses", "mintRedeemDescription": "Pharos classifies USD3 backing as Crypto-Collateralized. Collateral, per the static profile: Reserve Protocol DTF basket made up of Savings USDS, Aave USDC, wrapped Compound USDCv3, and Steakhouse USDC strategy exposure Reserve evidence: Real-Time PoR from Reserve Protocol."}, "0xe2d2959f89b6389deb624bf076fe7d9e5401f377": {"symbol": "USDM", "name": "Monetrix USDM", "chain": "hyperevm", "decimals": 6, "pharos": {"id": "usdm-monetrix", "grade": null, "score": null, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/usdm-monetrix"}, "description": "USDM is Monetrix's USDC-backed dollar token on HyperEVM; sUSDM staking adds yield through a separate wrapper. The static profile records its US Dollar peg mechanism as: USDM targets 1:1 USDC convertibility through Monetrix mint/redeem flows while backing is deployed into a delta-neutral Hyperliquid portfolio. The sUSDM staking wrapper accrues strategy yield separately and is not admitted as an active...", "mintRedeemDescription": "Pharos classifies USDM backing as Crypto-Collateralized. Collateral, per the static profile: USDC at mint, then deployed into Monetrix's on-chain Hyperliquid delta-neutral portfolio including spot assets, matching short perpetual positions, portfolio-margin slots, and vault or redeem-escrow USDC. Liquid USDM is the base dollar... Reserve evidence: Self-Reported PoR from Monetrix transparency dashboard."}, "0x67c10c397dd0ba417329543c1a40eb48aaa7cd00": {"symbol": "NUSD", "name": "Nexus USD", "chain": "optimism", "decimals": 18, "pharos": {"id": "nusd-nexus", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/nusd-nexus"}, "description": "NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage", "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: curated reserve profile."}, "0x396c9c192dd323995346632581bef92a31ac623b": {"symbol": "NUSD", "name": "Nexus USD", "chain": "cronos", "decimals": 18, "pharos": {"id": "nusd-nexus", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/nusd-nexus"}, "description": "NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage", "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: curated reserve profile."}, "0x23b891e5c62e0955ae2bd185990103928ab817b3": {"symbol": "NUSD", "name": "Nexus USD", "chain": "bsc", "decimals": 18, "pharos": {"id": "nusd-nexus", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/nusd-nexus"}, "description": "NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage", "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: curated reserve profile."}, "0xb6c473756050de474286bed418b77aeac39b02af": {"symbol": "NUSD", "name": "Nexus USD", "chain": "polygon", "decimals": 18, "pharos": {"id": "nusd-nexus", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/nusd-nexus"}, "description": "NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage", "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: curated reserve profile."}, "0xed2a7edd7413021d440b09d654f3b87712abab66": {"symbol": "NUSD", "name": "Nexus USD", "chain": "fantom", "decimals": 18, "pharos": {"id": "nusd-nexus", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/nusd-nexus"}, "description": "NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage", "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: curated reserve profile."}, "0x6b4712ae9797c199edd44f897ca09bc57628a1cf": {"symbol": "NUSD", "name": "Nexus USD", "chain": "boba", "decimals": 18, "pharos": {"id": "nusd-nexus", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/nusd-nexus"}, "description": "NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage", "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: curated reserve profile."}, "0x961318fc85475e125b99cc9215f62679ae5200ab": {"symbol": "NUSD", "name": "Nexus USD", "chain": "metis", "decimals": 18, "pharos": {"id": "nusd-nexus", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/nusd-nexus"}, "description": "NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage", "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: curated reserve profile."}, "0x2913e812cf0dcca30fb28e6cac3d2dcff4497688": {"symbol": "NUSD", "name": "Nexus USD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "nusd-nexus", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/nusd-nexus"}, "description": "NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage", "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: curated reserve profile."}, "0xcfc37a6ab183dd4aed08c204d1c2773c0b1bdf46": {"symbol": "NUSD", "name": "Nexus USD", "chain": "avalanche", "decimals": 18, "pharos": {"id": "nusd-nexus", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/nusd-nexus"}, "description": "NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage", "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: curated reserve profile."}, "0x3194b0a295d87fdaa54df852c248f7a6baf6c6e0": {"symbol": "NUSD", "name": "Nexus USD", "chain": "blast", "decimals": 18, "pharos": {"id": "nusd-nexus", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/nusd-nexus"}, "description": "NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage", "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: curated reserve profile."}, "0x07379565cd8b0cae7c60dc78e7f601b34af2a21c": {"symbol": "NUSD", "name": "Nexus USD", "chain": "aurora", "decimals": 18, "pharos": {"id": "nusd-nexus", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/nusd-nexus"}, "description": "NUSD is a legacy Synapse bridge-liquidity stable asset backed by a DAI/USDC/USDT pool, with the dollar peg inherited from the underlying basket. The static profile records its US Dollar peg mechanism as: Bridge-liquidity stable asset minted and redeemed through Synapse pool routes, with the dollar peg inherited from the underlying stablecoin basket and pool arbitrage", "mintRedeemDescription": "Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Synapse stable-swap pool assets backed by DAI, USDC, and USDT liquidity across supported bridge deployments Reserve evidence: curated reserve profile."}, "0x8eef5ed361c6823156d936209e23a8e0349e5c61": {"symbol": "USDRIF", "name": "RIF US Dollar", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "usdrif-rif", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "exit", "score": 63.02}, "url": "https://pharos.watch/stablecoin/usdrif-rif"}, "defillama": {"totalCirculating": 2254564.24502234, "chains": ["Rootstock"], "chainCount": 1, "defillamaId": "159", "geckoId": "rif-us-dollar"}, "description": "USDRIF is RIF On Chain's dollar token on Rootstock, minted against RIF token collateral via overcollateralized CDP-style positions. The static profile records its US Dollar peg mechanism as: USDRIF is minted through RIF on Chain using RIF and DOC V3 collateral, with the peg supported by a multi-collateral CDP/redemption design rather than a fiat reserve account.", "mintRedeemDescription": "Pharos classifies USDRIF backing as Crypto-Collateralized. Collateral, per the static profile: RIF tokens and DOC (Dollar on Chain) V3 multi-collateral reserves. Reserve evidence: curated reserve profile."}, "0x76a9a0062ec6712b99b4f63bd2b4270185759dd5": {"symbol": "USDp", "name": "Parallel USDp", "chain": "base", "decimals": 18, "pharos": {"id": "usdp-parallel", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdp-parallel"}, "description": "USDp is Parallel's DAO-governed dollar minted against a whitelisted basket of overcollateralized stablecoins through a licensed Angle Transmuter fork. The static profile records its US Dollar peg mechanism as: Parallelizer Module (a licensed fork of Angle Protocol's Transmuter) lets users mint and burn USDp at oracle value against a whitelisted overcollateralized basket, with adaptive fees that widen on depeg. Yield is delivered through a...", "mintRedeemDescription": "Pharos classifies USDp backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized basket of correlated USD stablecoins and yield-bearing wrappers routed through the Parallelizer Module: frxUSD, sfrxUSD, USDe, sUSDe on Ethereum; USDS, sUSDS on Base; USDe, sUSDe on HyperEVM; USDC and ygamiUSDC on... Reserve evidence: curated reserve profile."}, "0x90337e484b1cb02132fc150d3afa262147348545": {"symbol": "USDp", "name": "Parallel USDp", "chain": "optimism", "decimals": 18, "pharos": {"id": "usdp-parallel", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdp-parallel"}, "description": "USDp is Parallel's DAO-governed dollar minted against a whitelisted basket of overcollateralized stablecoins through a licensed Angle Transmuter fork. The static profile records its US Dollar peg mechanism as: Parallelizer Module (a licensed fork of Angle Protocol's Transmuter) lets users mint and burn USDp at oracle value against a whitelisted overcollateralized basket, with adaptive fees that widen on depeg. Yield is delivered through a...", "mintRedeemDescription": "Pharos classifies USDp backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized basket of correlated USD stablecoins and yield-bearing wrappers routed through the Parallelizer Module: frxUSD, sfrxUSD, USDe, sUSDe on Ethereum; USDS, sUSDS on Base; USDe, sUSDe on HyperEVM; USDC and ygamiUSDC on... Reserve evidence: curated reserve profile."}, "0x9ee1963f05553ef838604dd39403be21cef26aa4": {"symbol": "USDp", "name": "Parallel USDp", "chain": "avalanche", "decimals": 18, "pharos": {"id": "usdp-parallel", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdp-parallel"}, "description": "USDp is Parallel's DAO-governed dollar minted against a whitelisted basket of overcollateralized stablecoins through a licensed Angle Transmuter fork. The static profile records its US Dollar peg mechanism as: Parallelizer Module (a licensed fork of Angle Protocol's Transmuter) lets users mint and burn USDp at oracle value against a whitelisted overcollateralized basket, with adaptive fees that widen on depeg. Yield is delivered through a...", "mintRedeemDescription": "Pharos classifies USDp backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized basket of correlated USD stablecoins and yield-bearing wrappers routed through the Parallelizer Module: frxUSD, sfrxUSD, USDe, sUSDe on Ethereum; USDS, sUSDS on Base; USDe, sUSDe on HyperEVM; USDC and ygamiUSDC on... Reserve evidence: curated reserve profile."}, "0x08417cdb7f52a5021bb4eb6e0deaf3f295c3f182": {"symbol": "USDp", "name": "Parallel USDp", "chain": "sonic", "decimals": 18, "pharos": {"id": "usdp-parallel", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdp-parallel"}, "description": "USDp is Parallel's DAO-governed dollar minted against a whitelisted basket of overcollateralized stablecoins through a licensed Angle Transmuter fork. The static profile records its US Dollar peg mechanism as: Parallelizer Module (a licensed fork of Angle Protocol's Transmuter) lets users mint and burn USDp at oracle value against a whitelisted overcollateralized basket, with adaptive fees that widen on depeg. Yield is delivered through a...", "mintRedeemDescription": "Pharos classifies USDp backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized basket of correlated USD stablecoins and yield-bearing wrappers routed through the Parallelizer Module: frxUSD, sfrxUSD, USDe, sUSDe on Ethereum; USDS, sUSDS on Base; USDe, sUSDe on HyperEVM; USDC and ygamiUSDC on... Reserve evidence: curated reserve profile."}, "0x048c4e07d170eedee8772ca76aee1c4e2d133d5c": {"symbol": "USDp", "name": "Parallel USDp", "chain": "sei", "decimals": 18, "pharos": {"id": "usdp-parallel", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdp-parallel"}, "description": "USDp is Parallel's DAO-governed dollar minted against a whitelisted basket of overcollateralized stablecoins through a licensed Angle Transmuter fork. The static profile records its US Dollar peg mechanism as: Parallelizer Module (a licensed fork of Angle Protocol's Transmuter) lets users mint and burn USDp at oracle value against a whitelisted overcollateralized basket, with adaptive fees that widen on depeg. Yield is delivered through a...", "mintRedeemDescription": "Pharos classifies USDp backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized basket of correlated USD stablecoins and yield-bearing wrappers routed through the Parallelizer Module: frxUSD, sfrxUSD, USDe, sUSDe on Ethereum; USDS, sUSDS on Base; USDe, sUSDe on HyperEVM; USDC and ygamiUSDC on... Reserve evidence: curated reserve profile."}, "0xbe65f0f410a72bec163dc65d46c83699e957d588": {"symbol": "USDp", "name": "Parallel USDp", "chain": "hyperliquid", "decimals": 18, "pharos": {"id": "usdp-parallel", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdp-parallel"}, "description": "USDp is Parallel's DAO-governed dollar minted against a whitelisted basket of overcollateralized stablecoins through a licensed Angle Transmuter fork. The static profile records its US Dollar peg mechanism as: Parallelizer Module (a licensed fork of Angle Protocol's Transmuter) lets users mint and burn USDp at oracle value against a whitelisted overcollateralized basket, with adaptive fees that widen on depeg. Yield is delivered through a...", "mintRedeemDescription": "Pharos classifies USDp backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized basket of correlated USD stablecoins and yield-bearing wrappers routed through the Parallelizer Module: frxUSD, sfrxUSD, USDe, sUSDe on Ethereum; USDS, sUSDS on Base; USDe, sUSDe on HyperEVM; USDC and ygamiUSDC on... Reserve evidence: curated reserve profile."}, "0x8fcf9118fdd359f6277cdd143c2da206e64140f3": {"symbol": "USDp", "name": "Parallel USDp", "chain": "worldchain", "decimals": 18, "pharos": {"id": "usdp-parallel", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdp-parallel"}, "description": "USDp is Parallel's DAO-governed dollar minted against a whitelisted basket of overcollateralized stablecoins through a licensed Angle Transmuter fork. The static profile records its US Dollar peg mechanism as: Parallelizer Module (a licensed fork of Angle Protocol's Transmuter) lets users mint and burn USDp at oracle value against a whitelisted overcollateralized basket, with adaptive fees that widen on depeg. Yield is delivered through a...", "mintRedeemDescription": "Pharos classifies USDp backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized basket of correlated USD stablecoins and yield-bearing wrappers routed through the Parallelizer Module: frxUSD, sfrxUSD, USDe, sUSDe on Ethereum; USDS, sUSDS on Base; USDe, sUSDe on HyperEVM; USDC and ygamiUSDC on... Reserve evidence: curated reserve profile."}, "0x1250304f66404cd153fa39388ddcdaec7e0f1707": {"symbol": "USDp", "name": "Parallel USDp", "chain": "polygon", "decimals": 18, "pharos": {"id": "usdp-parallel", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdp-parallel"}, "description": "USDp is Parallel's DAO-governed dollar minted against a whitelisted basket of overcollateralized stablecoins through a licensed Angle Transmuter fork. The static profile records its US Dollar peg mechanism as: Parallelizer Module (a licensed fork of Angle Protocol's Transmuter) lets users mint and burn USDp at oracle value against a whitelisted overcollateralized basket, with adaptive fees that widen on depeg. Yield is delivered through a...", "mintRedeemDescription": "Pharos classifies USDp backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized basket of correlated USD stablecoins and yield-bearing wrappers routed through the Parallelizer Module: frxUSD, sfrxUSD, USDe, sUSDe on Ethereum; USDS, sUSDS on Base; USDe, sUSDe on HyperEVM; USDC and ygamiUSDC on... Reserve evidence: curated reserve profile."}, "0xc2f8b5d893217462ae9c9879c9285a5a3aabcb8f": {"symbol": "USDp", "name": "Parallel USDp", "chain": "plasma", "decimals": 18, "pharos": {"id": "usdp-parallel", "grade": "D", "score": 42, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/usdp-parallel"}, "description": "USDp is Parallel's DAO-governed dollar minted against a whitelisted basket of overcollateralized stablecoins through a licensed Angle Transmuter fork. The static profile records its US Dollar peg mechanism as: Parallelizer Module (a licensed fork of Angle Protocol's Transmuter) lets users mint and burn USDp at oracle value against a whitelisted overcollateralized basket, with adaptive fees that widen on depeg. Yield is delivered through a...", "mintRedeemDescription": "Pharos classifies USDp backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized basket of correlated USD stablecoins and yield-bearing wrappers routed through the Parallelizer Module: frxUSD, sfrxUSD, USDe, sUSDe on Ethereum; USDS, sUSDS on Base; USDe, sUSDe on HyperEVM; USDC and ygamiUSDC on... Reserve evidence: curated reserve profile."}, "0x788d96f655735f52c676a133f4dfc53cec614d4a": {"symbol": "dUSD", "name": "dTRINITY USD", "chain": "fraxtal", "decimals": 6, "pharos": {"id": "dusd-dtrinity", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/dusd-dtrinity"}, "description": "dUSD is a decentralized and full-reserve stablecoin, backed by an on-chain reserve of other USD-denominated stablecoins and yieldcoins. Based on the ERC-20 standard, every dUSD token is backed by at least $1 of collateral and can be minted permissionlessly via smart contracts with no fees (excluding gas).", "mintRedeemDescription": "Users can mint and redeem dUSD with other stablecoins and yield-bearing assets."}, "0xca52d08737e6af8763a2bf6034b3b03868f24dda": {"symbol": "dUSD", "name": "dTRINITY USD", "chain": "katana", "decimals": 18, "pharos": {"id": "dusd-dtrinity", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/dusd-dtrinity"}, "description": "dUSD is a decentralized and full-reserve stablecoin, backed by an on-chain reserve of other USD-denominated stablecoins and yieldcoins. Based on the ERC-20 standard, every dUSD token is backed by at least $1 of collateral and can be minted permissionlessly via smart contracts with no fees (excluding gas).", "mintRedeemDescription": "Users can mint and redeem dUSD with other stablecoins and yield-bearing assets."}, "0x53a6abb52b2f968fa80df6a894e4f1b1020da975": {"symbol": "dUSD", "name": "dTRINITY USD", "chain": "sonic", "decimals": 18, "pharos": {"id": "dusd-dtrinity", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/dusd-dtrinity"}, "description": "dUSD is a decentralized and full-reserve stablecoin, backed by an on-chain reserve of other USD-denominated stablecoins and yieldcoins. Based on the ERC-20 standard, every dUSD token is backed by at least $1 of collateral and can be minted permissionlessly via smart contracts with no fees (excluding gas).", "mintRedeemDescription": "Users can mint and redeem dUSD with other stablecoins and yield-bearing assets."}, "0xdbdd50997361522495ecfe57ebb6850da0e4c699": {"symbol": "BNUSD", "name": "Balanced Dollars", "chain": "avalanche", "decimals": 18, "pharos": {"id": "bnusd-balanced", "grade": "F", "score": 20, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/bnusd-balanced"}, "defillama": {"totalCirculating": 925947.8367267427, "chains": ["Icon", "Archway", "Base", "Avalanche", "Arbitrum", "Injective", "BSC", "OP Mainnet", "Havah"], "chainCount": 9, "defillamaId": "204", "geckoId": "balanced-dollars"}, "description": "Borrow bnUSD, swap and transfer crypto cross-chain, supply liquidity, and govern the future of Balanced", "mintRedeemDescription": "The Balanced Dollar (bnUSD) is a decentralised stablecoin that tracks the price of 1 US dollar. You can borrow bnUSD against any supported collateral type, and use it wrapper-free on every blockchain Balanced connects to. There’s a 0.2% fee, and your loan will increase by 2% a year."}, "0xa67f4b09eed22f8201ee0637cbe9d654e63f946e": {"symbol": "BNUSD", "name": "Balanced Dollars", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "bnusd-balanced", "grade": "F", "score": 20, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/bnusd-balanced"}, "defillama": {"totalCirculating": 925947.8367267427, "chains": ["Icon", "Archway", "Base", "Avalanche", "Arbitrum", "Injective", "BSC", "OP Mainnet", "Havah"], "chainCount": 9, "defillamaId": "204", "geckoId": "balanced-dollars"}, "description": "Borrow bnUSD, swap and transfer crypto cross-chain, supply liquidity, and govern the future of Balanced", "mintRedeemDescription": "The Balanced Dollar (bnUSD) is a decentralised stablecoin that tracks the price of 1 US dollar. You can borrow bnUSD against any supported collateral type, and use it wrapper-free on every blockchain Balanced connects to. There’s a 0.2% fee, and your loan will increase by 2% a year."}, "0xc65132325bd4fcf2ec5f3a9375487163b6999206": {"symbol": "BNUSD", "name": "Balanced Dollars", "chain": "bsc", "decimals": 18, "pharos": {"id": "bnusd-balanced", "grade": "F", "score": 20, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/bnusd-balanced"}, "defillama": {"totalCirculating": 925947.8367267427, "chains": ["Icon", "Archway", "Base", "Avalanche", "Arbitrum", "Injective", "BSC", "OP Mainnet", "Havah"], "chainCount": 9, "defillamaId": "204", "geckoId": "balanced-dollars"}, "description": "Borrow bnUSD, swap and transfer crypto cross-chain, supply liquidity, and govern the future of Balanced", "mintRedeemDescription": "The Balanced Dollar (bnUSD) is a decentralised stablecoin that tracks the price of 1 US dollar. You can borrow bnUSD against any supported collateral type, and use it wrapper-free on every blockchain Balanced connects to. There’s a 0.2% fee, and your loan will increase by 2% a year."}, "0xdccd213951d8214fbaca720728474e2cef9d247b": {"symbol": "BNUSD", "name": "Balanced Dollars", "chain": "optimism", "decimals": 18, "pharos": {"id": "bnusd-balanced", "grade": "F", "score": 20, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/bnusd-balanced"}, "defillama": {"totalCirculating": 925947.8367267427, "chains": ["Icon", "Archway", "Base", "Avalanche", "Arbitrum", "Injective", "BSC", "OP Mainnet", "Havah"], "chainCount": 9, "defillamaId": "204", "geckoId": "balanced-dollars"}, "description": "Borrow bnUSD, swap and transfer crypto cross-chain, supply liquidity, and govern the future of Balanced", "mintRedeemDescription": "The Balanced Dollar (bnUSD) is a decentralised stablecoin that tracks the price of 1 US dollar. You can borrow bnUSD against any supported collateral type, and use it wrapper-free on every blockchain Balanced connects to. There’s a 0.2% fee, and your loan will increase by 2% a year."}, "0x66a1e37c9b0eaddca17d3662d6c05f4decf3e110": {"symbol": "USR", "name": "Resolv USD", "chain": "ethereum", "decimals": 18, "pharos": {"id": "usr-resolv", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usr-resolv"}, "defillama": {"totalCirculating": 768568.7890253626, "chains": ["Ethereum", "Base", "Hyperliquid L1", "BSC", "Berachain", "Soneium"], "chainCount": 6, "defillamaId": "197", "geckoId": "resolv-usr"}, "description": "USR was Resolv Labs's delta-neutral synthetic dollar; it was frozen in 2026 after an EOA-minter exploit produced 80M unbacked tokens and depegged the asset. The static profile records its US Dollar peg mechanism as: Delta-neutral portfolio: long spot ETH/BTC on-chain balanced by equal short perpetual futures on CEXs (Binance, Hyperliquid, Deribit) via Fireblocks Off-Exchange; USR redeemable 1:1 at any time; RLP (Resolv Liquidity Pool) absorbs...", "mintRedeemDescription": "Pharos classifies USR backing as Crypto-Collateralized. Collateral, per the static profile: ETH, wstETH (Lido), LBTC, and weETH held on-chain via Fireblocks; yield from liquid staking rewards and perpetual futures funding rates Reserve evidence: Real-Time PoR from Apostro."}, "0x35e5db674d8e93a03d814fa0ada70731efe8a4b9": {"symbol": "USR", "name": "Resolv USD", "chain": "base", "decimals": 18, "pharos": {"id": "usr-resolv", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usr-resolv"}, "defillama": {"totalCirculating": 768568.7890253626, "chains": ["Ethereum", "Base", "Hyperliquid L1", "BSC", "Berachain", "Soneium"], "chainCount": 6, "defillamaId": "197", "geckoId": "resolv-usr"}, "description": "USR was Resolv Labs's delta-neutral synthetic dollar; it was frozen in 2026 after an EOA-minter exploit produced 80M unbacked tokens and depegged the asset. The static profile records its US Dollar peg mechanism as: Delta-neutral portfolio: long spot ETH/BTC on-chain balanced by equal short perpetual futures on CEXs (Binance, Hyperliquid, Deribit) via Fireblocks Off-Exchange; USR redeemable 1:1 at any time; RLP (Resolv Liquidity Pool) absorbs...", "mintRedeemDescription": "Pharos classifies USR backing as Crypto-Collateralized. Collateral, per the static profile: ETH, wstETH (Lido), LBTC, and weETH held on-chain via Fireblocks; yield from liquid staking rewards and perpetual futures funding rates Reserve evidence: Real-Time PoR from Apostro."}, "0x2492d0006411af6c8bbb1c8afc1b0197350a79e9": {"symbol": "USR", "name": "Resolv USD", "chain": "bsc", "decimals": 18, "pharos": {"id": "usr-resolv", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usr-resolv"}, "defillama": {"totalCirculating": 768568.7890253626, "chains": ["Ethereum", "Base", "Hyperliquid L1", "BSC", "Berachain", "Soneium"], "chainCount": 6, "defillamaId": "197", "geckoId": "resolv-usr"}, "description": "USR was Resolv Labs's delta-neutral synthetic dollar; it was frozen in 2026 after an EOA-minter exploit produced 80M unbacked tokens and depegged the asset. The static profile records its US Dollar peg mechanism as: Delta-neutral portfolio: long spot ETH/BTC on-chain balanced by equal short perpetual futures on CEXs (Binance, Hyperliquid, Deribit) via Fireblocks Off-Exchange; USR redeemable 1:1 at any time; RLP (Resolv Liquidity Pool) absorbs...", "mintRedeemDescription": "Pharos classifies USR backing as Crypto-Collateralized. Collateral, per the static profile: ETH, wstETH (Lido), LBTC, and weETH held on-chain via Fireblocks; yield from liquid staking rewards and perpetual futures funding rates Reserve evidence: Real-Time PoR from Apostro."}, "0x0ad339d66bf4aed5ce31c64bc37b3244b6394a77": {"symbol": "USR", "name": "Resolv USD", "chain": "hyperevm", "decimals": 18, "pharos": {"id": "usr-resolv", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usr-resolv"}, "defillama": {"totalCirculating": 768568.7890253626, "chains": ["Ethereum", "Base", "Hyperliquid L1", "BSC", "Berachain", "Soneium"], "chainCount": 6, "defillamaId": "197", "geckoId": "resolv-usr"}, "description": "USR was Resolv Labs's delta-neutral synthetic dollar; it was frozen in 2026 after an EOA-minter exploit produced 80M unbacked tokens and depegged the asset. The static profile records its US Dollar peg mechanism as: Delta-neutral portfolio: long spot ETH/BTC on-chain balanced by equal short perpetual futures on CEXs (Binance, Hyperliquid, Deribit) via Fireblocks Off-Exchange; USR redeemable 1:1 at any time; RLP (Resolv Liquidity Pool) absorbs...", "mintRedeemDescription": "Pharos classifies USR backing as Crypto-Collateralized. Collateral, per the static profile: ETH, wstETH (Lido), LBTC, and weETH held on-chain via Fireblocks; yield from liquid staking rewards and perpetual futures funding rates Reserve evidence: Real-Time PoR from Apostro."}, "0xb1b385542b6e80f77b94393ba8342c3af699f15c": {"symbol": "USR", "name": "Resolv USD", "chain": "soneium", "decimals": 18, "pharos": {"id": "usr-resolv", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usr-resolv"}, "defillama": {"totalCirculating": 768568.7890253626, "chains": ["Ethereum", "Base", "Hyperliquid L1", "BSC", "Berachain", "Soneium"], "chainCount": 6, "defillamaId": "197", "geckoId": "resolv-usr"}, "description": "USR was Resolv Labs's delta-neutral synthetic dollar; it was frozen in 2026 after an EOA-minter exploit produced 80M unbacked tokens and depegged the asset. The static profile records its US Dollar peg mechanism as: Delta-neutral portfolio: long spot ETH/BTC on-chain balanced by equal short perpetual futures on CEXs (Binance, Hyperliquid, Deribit) via Fireblocks Off-Exchange; USR redeemable 1:1 at any time; RLP (Resolv Liquidity Pool) absorbs...", "mintRedeemDescription": "Pharos classifies USR backing as Crypto-Collateralized. Collateral, per the static profile: ETH, wstETH (Lido), LBTC, and weETH held on-chain via Fireblocks; yield from liquid staking rewards and perpetual futures funding rates Reserve evidence: Real-Time PoR from Apostro."}, "0xba73e59f11597c1c13b0d9114688efb6a6d430f6": {"symbol": "WUSD", "name": "Worldwide USD", "chain": "viction", "decimals": 18, "pharos": {"id": "wusd-worldwide", "grade": "F", "score": 37, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/wusd-worldwide"}, "defillama": {"totalCirculating": 610331.5109050614, "chains": ["Ethereum", "Polygon"], "chainCount": 2, "defillamaId": "234", "geckoId": "worldwide-usd"}, "description": "WUSD is a regulated stablecoin designed for worldwide payments and round-the-clock financial markets, always redeemable 1:1 for US dollars", "mintRedeemDescription": "WUSD is backed by liquid assets, including cash, cash equivalents, and short-term treasury bills. Each WUSD token represents one US Dollar held in reserve"}, "0x866d66f64fb81461903e1e38d998e747ecf35e78": {"symbol": "rUSD", "name": "Reservoir Stablecoin", "chain": "hyperevm", "decimals": 18, "pharos": {"id": "rusd-reservoir", "grade": "C", "score": 59, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/rusd-reservoir"}, "description": "rUSD is Reservoir's mintable dollar stablecoin, redeemable 1:1 for USDC, USDT, or USD1 and backed by a mixed RWA and digital-asset balance sheet. The static profile records its US Dollar peg mechanism as: Users can mint and redeem rUSD 1:1 against USDC, USDT, or USD1 through Reservoir's Peg Stability Module, while Credit Enforcer contracts constrain liquidity, solvency, and capital ratios before protocol asset reallocations.", "mintRedeemDescription": "Pharos classifies rUSD backing as Real-World Asset Backed. Collateral, per the static profile: Reservoir protocol balance sheet of stablecoin PSM liquidity, RWA allocations, DeFi lending markets, and governance-approved credit strategies monitored through Reservoir's live reserve endpoint Reserve evidence: Real-Time PoR from Reservoir Protocol."}, "0x20c0000000000000000000007f7ba549dd0251b9": {"symbol": "rUSD", "name": "Reservoir Stablecoin", "chain": "tempo", "decimals": 6, "pharos": {"id": "rusd-reservoir", "grade": "C", "score": 59, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/rusd-reservoir"}, "description": "rUSD is Reservoir's mintable dollar stablecoin, redeemable 1:1 for USDC, USDT, or USD1 and backed by a mixed RWA and digital-asset balance sheet. The static profile records its US Dollar peg mechanism as: Users can mint and redeem rUSD 1:1 against USDC, USDT, or USD1 through Reservoir's Peg Stability Module, while Credit Enforcer contracts constrain liquidity, solvency, and capital ratios before protocol asset reallocations.", "mintRedeemDescription": "Pharos classifies rUSD backing as Real-World Asset Backed. Collateral, per the static profile: Reservoir protocol balance sheet of stablecoin PSM liquidity, RWA allocations, DeFi lending markets, and governance-approved credit strategies monitored through Reservoir's live reserve endpoint Reserve evidence: Real-Time PoR from Reservoir Protocol."}, "0x4ecf61a6c2fab8a047ceb3b3b263b401763e9d49": {"symbol": "USND", "name": "Nerite USND", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "usnd-nerite", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usnd-nerite"}, "defillama": {"totalCirculating": 43762.31956345652, "chains": ["Arbitrum"], "chainCount": 1, "defillamaId": "287", "geckoId": "us-nerite-dollar"}, "description": "USND was Nerite's Liquity-v2 fork CDP dollar on Arbitrum; supply collapsed after the rsETH hack impaired an approved collateral branch. The static profile records its US Dollar peg mechanism as: Overcollateralized CDP with user-set interest rates and direct on-chain redemption for underlying collateral; separate Stability Pools absorb liquidations per collateral market", "mintRedeemDescription": "Pharos classifies USND backing as Crypto-Collateralized. Collateral, per the static profile: tBTC, WETH, wstETH, rETH, rsETH, weETH, ARB, and COMP in immutable overcollateralized CDP markets on Arbitrum Reserve evidence: curated reserve profile."}, "0x09fd37d9aa613789c517e76df1c53aece2b60df4": {"symbol": "EBUSD", "name": "EBUSD", "chain": "ethereum", "decimals": 18, "pharos": {"id": "ebusd-ebisu", "grade": "C+", "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/ebusd-ebisu", "grade_as_of": "2026-07-30", "grade_stale": true}, "defillama": {"totalCirculating": 23464.432470487285, "chains": ["Ethereum", "Plasma"], "chainCount": 2, "defillamaId": "288", "geckoId": "ebusd-stablecoin"}, "description": "Ebisu Money is a stablecoin credit market on Ethereum where users can mint ebUSD by depositing collateral and earn yield by providing ebUSD liquidity. The protocol features market-driven interest rates and a liquidation-backed stability mechanism to maintain solvency and capital efficiency.", "mintRedeemDescription": "Users mint ebUSD by opening a vault and depositing supported collateral. ebUSD can be redeemed by repaying debt and reclaiming collateral, or via redemptions that exchange ebUSD for collateral from the lowest-rate vaults."}, "0xef7b1a03e0897c33b63159e38d779e3970c0e2fc": {"symbol": "EBUSD", "name": "EBUSD", "chain": "plasma", "decimals": 18, "pharos": {"id": "ebusd-ebisu", "grade": "C+", "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/ebusd-ebisu", "grade_as_of": "2026-07-30", "grade_stale": true}, "defillama": {"totalCirculating": 23464.432470487285, "chains": ["Ethereum", "Plasma"], "chainCount": 2, "defillamaId": "288", "geckoId": "ebusd-stablecoin"}, "description": "Ebisu Money is a stablecoin credit market on Ethereum where users can mint ebUSD by depositing collateral and earn yield by providing ebUSD liquidity. The protocol features market-driven interest rates and a liquidation-backed stability mechanism to maintain solvency and capital efficiency.", "mintRedeemDescription": "Users mint ebUSD by opening a vault and depositing supported collateral. ebUSD can be redeemed by repaying debt and reclaiming collateral, or via redemptions that exchange ebUSD for collateral from the lowest-rate vaults."}, "0x0000baa0b1678229863c0a941c1056b83a1955f5": {"symbol": "USDK", "name": "Orki USD", "chain": "swellchain", "decimals": 18, "pharos": {"id": "usdk-orki", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/usdk-orki"}, "description": "USDK was Orki's Liquity v2-style CDP stablecoin on Swellchain, frozen after the underlying chain shutdown in June 2026. The static profile records its US Dollar peg mechanism as: Overcollateralized CDP with Liquity v2-style user-set interest rates and direct on-chain redemption for underlying collateral; Stability Pools absorb liquidations per collateral market", "mintRedeemDescription": "Pharos classifies USDK backing as Crypto-Collateralized. Collateral, per the static profile: WETH, weETH, rswETH, and swETH in overcollateralized Liquity v2-style CDP markets on Swellchain; the configured SWELL branch is currently shut down in live on-chain telemetry Reserve evidence: curated reserve profile."}, "0x5c2efdf0d8d286959b42308966bc2b97f5680aa3": {"symbol": "kUSD", "name": "Kerne USD", "chain": "base", "decimals": 18, "pharos": {"id": "kusd-kerne", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/kusd-kerne"}}, "0x60a3e35cc302bfa44cb288bc5a4f316fdb1adb42": {"symbol": "EURC", "name": "EURC", "chain": "base", "decimals": 6, "pharos": {"id": "eurc-circle", "grade": "B", "score": 73, "weakestPillar": {"pillar": "exit", "score": 65.38}, "url": "https://pharos.watch/stablecoin/eurc-circle"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Solana", "Avalanche", "Stellar", "Tempo", "Sonic", "Polygon", "Cardano", "ICP"], "chainCount": 10, "defillamaId": "50", "geckoId": "euro-coin"}, "description": "EUROC is issued by Circle under the same full-reserve model as USD Coin (USDC). Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it's always redeemable 1:1 for euros.", "mintRedeemDescription": "An eligible business can exchange EUR for EUROC and redeem EUROC for EUR through a Circle Account."}, "0xc891eb4cbdeff6e073e859e987815ed1505c2acd": {"symbol": "EURC", "name": "EURC", "chain": "avalanche", "decimals": 6, "pharos": {"id": "eurc-circle", "grade": "B", "score": 73, "weakestPillar": {"pillar": "exit", "score": 65.38}, "url": "https://pharos.watch/stablecoin/eurc-circle"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Solana", "Avalanche", "Stellar", "Tempo", "Sonic", "Polygon", "Cardano", "ICP"], "chainCount": 10, "defillamaId": "50", "geckoId": "euro-coin"}, "description": "EUROC is issued by Circle under the same full-reserve model as USD Coin (USDC). Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it's always redeemable 1:1 for euros.", "mintRedeemDescription": "An eligible business can exchange EUR for EUROC and redeem EUROC for EUR through a Circle Account."}, "0x1c60ba0a0ed1019e8eb035e6daf4155a5ce2380b": {"symbol": "EURC", "name": "EURC", "chain": "worldchain", "decimals": 6, "pharos": {"id": "eurc-circle", "grade": "B", "score": 73, "weakestPillar": {"pillar": "exit", "score": 65.38}, "url": "https://pharos.watch/stablecoin/eurc-circle"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Solana", "Avalanche", "Stellar", "Tempo", "Sonic", "Polygon", "Cardano", "ICP"], "chainCount": 10, "defillamaId": "50", "geckoId": "euro-coin"}, "description": "EUROC is issued by Circle under the same full-reserve model as USD Coin (USDC). Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it's always redeemable 1:1 for euros.", "mintRedeemDescription": "An eligible business can exchange EUR for EUROC and redeem EUROC for EUR through a Circle Account."}, "0xa6de01a2d62c6b5f3525d768f34d276652c554c8": {"symbol": "EURC", "name": "EURC", "chain": "cronos", "decimals": 6, "pharos": {"id": "eurc-circle", "grade": "B", "score": 73, "weakestPillar": {"pillar": "exit", "score": 65.38}, "url": "https://pharos.watch/stablecoin/eurc-circle"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Solana", "Avalanche", "Stellar", "Tempo", "Sonic", "Polygon", "Cardano", "ICP"], "chainCount": 10, "defillamaId": "50", "geckoId": "euro-coin"}, "description": "EUROC is issued by Circle under the same full-reserve model as USD Coin (USDC). Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it's always redeemable 1:1 for euros.", "mintRedeemDescription": "An eligible business can exchange EUR for EUROC and redeem EUROC for EUR through a Circle Account."}, "0x8a037dbca8134ffc72c362e394e35e0cad618f85": {"symbol": "EURC", "name": "EURC", "chain": "polygon", "decimals": 6, "pharos": {"id": "eurc-circle", "grade": "B", "score": 73, "weakestPillar": {"pillar": "exit", "score": 65.38}, "url": "https://pharos.watch/stablecoin/eurc-circle"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Solana", "Avalanche", "Stellar", "Tempo", "Sonic", "Polygon", "Cardano", "ICP"], "chainCount": 10, "defillamaId": "50", "geckoId": "euro-coin"}, "description": "EUROC is issued by Circle under the same full-reserve model as USD Coin (USDC). Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it's always redeemable 1:1 for euros.", "mintRedeemDescription": "An eligible business can exchange EUR for EUROC and redeem EUROC for EUR through a Circle Account."}, "0xe715cba7b5ccb33790cebff1436809d36cb17e57": {"symbol": "EURC", "name": "EURC", "chain": "sonic", "decimals": 6, "pharos": {"id": "eurc-circle", "grade": "B", "score": 73, "weakestPillar": {"pillar": "exit", "score": 65.38}, "url": "https://pharos.watch/stablecoin/eurc-circle"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Solana", "Avalanche", "Stellar", "Tempo", "Sonic", "Polygon", "Cardano", "ICP"], "chainCount": 10, "defillamaId": "50", "geckoId": "euro-coin"}, "description": "EUROC is issued by Circle under the same full-reserve model as USD Coin (USDC). Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it's always redeemable 1:1 for euros.", "mintRedeemDescription": "An eligible business can exchange EUR for EUROC and redeem EUROC for EUR through a Circle Account."}, "0x20c0000000000000000000001621e21f71cf12fb": {"symbol": "EURC", "name": "EURC", "chain": "tempo", "decimals": 6, "pharos": {"id": "eurc-circle", "grade": "B", "score": 73, "weakestPillar": {"pillar": "exit", "score": 65.38}, "url": "https://pharos.watch/stablecoin/eurc-circle"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Solana", "Avalanche", "Stellar", "Tempo", "Sonic", "Polygon", "Cardano", "ICP"], "chainCount": 10, "defillamaId": "50", "geckoId": "euro-coin"}, "description": "EUROC is issued by Circle under the same full-reserve model as USD Coin (USDC). Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it's always redeemable 1:1 for euros.", "mintRedeemDescription": "An eligible business can exchange EUR for EUROC and redeem EUROC for EUR through a Circle Account."}, "0xe111178a87a3bff0c8d18decba5798827539ae99": {"symbol": "EURS", "name": "Stasis Euro", "chain": "polygon", "decimals": 2, "pharos": {"id": "eurs-stasis", "grade": "F", "score": 12, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/eurs-stasis"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Stellar", "Algorand", "Everscale", "Gnosis"], "chainCount": 6, "defillamaId": "51", "geckoId": "stasis-eurs"}, "description": "EURS, an ERC/EIP20 token, is a euro-backed digital asset.", "mintRedeemDescription": "Stasis customers who have undergone a verification process can exchange EUR for EURS and redeem EURS for EUR."}, "0xd22a58f79e9481d1a88e00c343885a588b34b68b": {"symbol": "EURS", "name": "Stasis Euro", "chain": "arbitrum", "decimals": 2, "pharos": {"id": "eurs-stasis", "grade": "F", "score": 12, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/eurs-stasis"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Stellar", "Algorand", "Everscale", "Gnosis"], "chainCount": 6, "defillamaId": "51", "geckoId": "stasis-eurs"}, "description": "EURS, an ERC/EIP20 token, is a euro-backed digital asset.", "mintRedeemDescription": "Stasis customers who have undergone a verification process can exchange EUR for EURS and redeem EURS for EUR."}, "0x1ebb2c8a71a9ec59bf558886a8adf8f4a565814f": {"symbol": "EURS", "name": "Stasis Euro", "chain": "xdc", "decimals": 2, "pharos": {"id": "eurs-stasis", "grade": "F", "score": 12, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/eurs-stasis"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Stellar", "Algorand", "Everscale", "Gnosis"], "chainCount": 6, "defillamaId": "51", "geckoId": "stasis-eurs"}, "description": "EURS, an ERC/EIP20 token, is a euro-backed digital asset.", "mintRedeemDescription": "Stasis customers who have undergone a verification process can exchange EUR for EURS and redeem EURS for EUR."}, "0x9ee40742182707467f78344f6b287be8704f27e2": {"symbol": "EURS", "name": "Stasis Euro", "chain": "gnosis", "decimals": 2, "pharos": {"id": "eurs-stasis", "grade": "F", "score": 12, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/eurs-stasis"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Stellar", "Algorand", "Everscale", "Gnosis"], "chainCount": 6, "defillamaId": "51", "geckoId": "stasis-eurs"}, "description": "EURS, an ERC/EIP20 token, is a euro-backed digital asset.", "mintRedeemDescription": "Stasis customers who have undergone a verification process can exchange EUR for EURS and redeem EURS for EUR."}, "0xd8763cba276a3738e6de85b4b3bf5fded6d6ca73": {"symbol": "EURm", "name": "Mento Euro", "chain": "celo", "decimals": 18, "pharos": {"id": "ceur-celo", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/ceur-celo"}, "defillama": {"totalCirculating": null, "chains": ["Celo", "Monad", "Solana", "Polygon", "Ethereum"], "chainCount": 5, "defillamaId": "52", "geckoId": "celo-euro"}, "description": "Mento Euros (EURm) are stablecoins that follow the Euro and are native to the Celo blockchain's Reserve system. The Mento Reserve is a system of smart contracts that uses a portfolio of cryptocurrencies to expand and contract the supply cEUR, similar to MakerDAO's lending protocol.", "mintRedeemDescription": "Using the Mento app, 1 Euro worth of CELO can be sent to the CELO reserve to mint 1 cEUR, and 1 cEUR can be burned to receive 1 Euro worth of CELO."}, "0x4d502d735b4c574b487ed641ae87ceae884731c7": {"symbol": "EURm", "name": "Mento Euro", "chain": "monad", "decimals": 18, "pharos": {"id": "ceur-celo", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/ceur-celo"}, "defillama": {"totalCirculating": null, "chains": ["Celo", "Monad", "Solana", "Polygon", "Ethereum"], "chainCount": 5, "defillamaId": "52", "geckoId": "celo-euro"}, "description": "Mento Euros (EURm) are stablecoins that follow the Euro and are native to the Celo blockchain's Reserve system. The Mento Reserve is a system of smart contracts that uses a portfolio of cryptocurrencies to expand and contract the supply cEUR, similar to MakerDAO's lending protocol.", "mintRedeemDescription": "Using the Mento app, 1 Euro worth of CELO can be sent to the CELO reserve to mint 1 cEUR, and 1 cEUR can be burned to receive 1 Euro worth of CELO."}, "0x2f0173dfe97a7dc670d5a10b35c4263cfecfa853": {"symbol": "EURm", "name": "Mento Euro", "chain": "polygon", "decimals": 18, "pharos": {"id": "ceur-celo", "grade": "C+", "score": 64, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/ceur-celo"}, "defillama": {"totalCirculating": null, "chains": ["Celo", "Monad", "Solana", "Polygon", "Ethereum"], "chainCount": 5, "defillamaId": "52", "geckoId": "celo-euro"}, "description": "Mento Euros (EURm) are stablecoins that follow the Euro and are native to the Celo blockchain's Reserve system. The Mento Reserve is a system of smart contracts that uses a portfolio of cryptocurrencies to expand and contract the supply cEUR, similar to MakerDAO's lending protocol.", "mintRedeemDescription": "Using the Mento app, 1 Euro worth of CELO can be sent to the CELO reserve to mint 1 cEUR, and 1 cEUR can be burned to receive 1 Euro worth of CELO."}, "0xfc00000000000000000000000000000000000003": {"symbol": "FPI", "name": "Frax Price Index", "chain": "fraxtal", "decimals": 18, "pharos": {"id": "fpi-frax", "grade": "B-", "score": 67, "weakestPillar": {"pillar": "backing", "score": 63.6572095899798}, "url": "https://pharos.watch/stablecoin/fpi-frax"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "ZKsync Era"], "chainCount": 2, "defillamaId": "66", "geckoId": "frax-price-index"}, "description": "The Frax Price Index (FPI) is the second stablecoin of the Frax Finance ecosystem. FPI is a stablecoin pegged to a basket of real-world consumer items as defined by the US CPI-U average.", "mintRedeemDescription": "Using the Frax Finance app, users swap FRAX to mint FPI at the current exchange rate. FPI can be redeemed for FRAX at any time."}, "0xd405617db7473b0a3158356be7bc9ebec6d88b85": {"symbol": "FPI", "name": "Frax Price Index", "chain": "zksync", "decimals": 18, "pharos": {"id": "fpi-frax", "grade": "B-", "score": 67, "weakestPillar": {"pillar": "backing", "score": 63.6572095899798}, "url": "https://pharos.watch/stablecoin/fpi-frax"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "ZKsync Era"], "chainCount": 2, "defillamaId": "66", "geckoId": "frax-price-index"}, "description": "The Frax Price Index (FPI) is the second stablecoin of the Frax Finance ecosystem. FPI is a stablecoin pegged to a basket of real-world consumer items as defined by the US CPI-U average.", "mintRedeemDescription": "Using the Frax Finance app, users swap FRAX to mint FPI at the current exchange rate. FPI can be redeemed for FRAX at any time."}, "0x820802fa8a99901f52e39acd21177b0be6ee2974": {"symbol": "EUROe", "name": "EUROe Stablecoin", "chain": "ethereum", "decimals": 6, "pharos": {"id": "euroe-membrane", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/euroe-membrane"}, "defillama": {"totalCirculating": null, "chains": ["Solana", "Polygon", "Ethereum", "Arbitrum", "Avalanche", "OP Mainnet", "Concordium"], "chainCount": 7, "defillamaId": "98", "geckoId": null}, "description": "EUROe was Membrane's Finnish EMI-licensed euro stablecoin, decommissioned in 2026 after Paxos acquired Membrane and switched the platform to redemption-only. The static profile records its Euro peg mechanism as: Direct 1:1 euro issuance and redemption through Membrane's verified-customer platform, with public transparency and regulation pages describing reserve attestations", "mintRedeemDescription": "Pharos classifies EUROe backing as Real-World Asset Backed. Collateral, per the static profile: Euro fiat reserves and euro-denominated assets held by Membrane Finance for issued EUROe Reserve evidence: Self-Reported PoR from Paxos Issuance Europe redemption notice."}, "0xcf985aba4647a432e60efceeb8054bbd64244305": {"symbol": "EUROe", "name": "EUROe Stablecoin", "chain": "arbitrum", "decimals": 6, "pharos": {"id": "euroe-membrane", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/euroe-membrane"}, "defillama": {"totalCirculating": null, "chains": ["Solana", "Polygon", "Ethereum", "Arbitrum", "Avalanche", "OP Mainnet", "Concordium"], "chainCount": 7, "defillamaId": "98", "geckoId": null}, "description": "EUROe was Membrane's Finnish EMI-licensed euro stablecoin, decommissioned in 2026 after Paxos acquired Membrane and switched the platform to redemption-only. The static profile records its Euro peg mechanism as: Direct 1:1 euro issuance and redemption through Membrane's verified-customer platform, with public transparency and regulation pages describing reserve attestations", "mintRedeemDescription": "Pharos classifies EUROe backing as Real-World Asset Backed. Collateral, per the static profile: Euro fiat reserves and euro-denominated assets held by Membrane Finance for issued EUROe Reserve evidence: Self-Reported PoR from Paxos Issuance Europe redemption notice."}, "0x420ca0f9b9b604ce0fd9c18ef134c705e5fa3430": {"symbol": "EURE", "name": "Monerium EUR emoney", "chain": "gnosis", "decimals": 18, "pharos": {"id": "eure-monerium", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/eure-monerium"}, "defillama": {"totalCirculating": null, "chains": ["Gnosis", "Arbitrum", "Ethereum", "Polygon", "Linea", "Noble", "Base", "Algorand", "Scroll"], "chainCount": 9, "defillamaId": "101", "geckoId": "monerium-eur-money"}, "description": "Monerium EUR e-money (EURE) is a digital currency issued by Monerium, an electronic money institution licensed and regulated by the Financial Supervisory Authority of Iceland. EURE is a stablecoin that is pegged to the Euro at a 1:1 ratio", "mintRedeemDescription": "To mint Monerium EUR e-money (EURE), users need to first create an account with Monerium and complete the required KYC and AML checks. Once the account is approved, users can then fund their account with Euros via bank transfer"}, "0xbf6e2966a9c3d99c9e4d069e04f7bdb9c8aa762c": {"symbol": "EURE", "name": "Monerium EUR emoney", "chain": "base", "decimals": 18, "pharos": {"id": "eure-monerium", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/eure-monerium"}, "defillama": {"totalCirculating": null, "chains": ["Gnosis", "Arbitrum", "Ethereum", "Polygon", "Linea", "Noble", "Base", "Algorand", "Scroll"], "chainCount": 9, "defillamaId": "101", "geckoId": "monerium-eur-money"}, "description": "Monerium EUR e-money (EURE) is a digital currency issued by Monerium, an electronic money institution licensed and regulated by the Financial Supervisory Authority of Iceland. EURE is a stablecoin that is pegged to the Euro at a 1:1 ratio", "mintRedeemDescription": "To mint Monerium EUR e-money (EURE), users need to first create an account with Monerium and complete the required KYC and AML checks. Once the account is approved, users can then fund their account with Euros via bank transfer"}, "0x3ff47c5bf409c86533fe1f4907524d304062428d": {"symbol": "EURE", "name": "Monerium EUR emoney", "chain": "linea", "decimals": 18, "pharos": {"id": "eure-monerium", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/eure-monerium"}, "defillama": {"totalCirculating": null, "chains": ["Gnosis", "Arbitrum", "Ethereum", "Polygon", "Linea", "Noble", "Base", "Algorand", "Scroll"], "chainCount": 9, "defillamaId": "101", "geckoId": "monerium-eur-money"}, "description": "Monerium EUR e-money (EURE) is a digital currency issued by Monerium, an electronic money institution licensed and regulated by the Financial Supervisory Authority of Iceland. EURE is a stablecoin that is pegged to the Euro at a 1:1 ratio", "mintRedeemDescription": "To mint Monerium EUR e-money (EURE), users need to first create an account with Monerium and complete the required KYC and AML checks. Once the account is approved, users can then fund their account with Euros via bank transfer"}, "0xd7bb130a48595fcdf9480e36c1ae97ff2938ac21": {"symbol": "EURE", "name": "Monerium EUR emoney", "chain": "scroll", "decimals": 18, "pharos": {"id": "eure-monerium", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/eure-monerium"}, "defillama": {"totalCirculating": null, "chains": ["Gnosis", "Arbitrum", "Ethereum", "Polygon", "Linea", "Noble", "Base", "Algorand", "Scroll"], "chainCount": 9, "defillamaId": "101", "geckoId": "monerium-eur-money"}, "description": "Monerium EUR e-money (EURE) is a digital currency issued by Monerium, an electronic money institution licensed and regulated by the Financial Supervisory Authority of Iceland. EURE is a stablecoin that is pegged to the Euro at a 1:1 ratio", "mintRedeemDescription": "To mint Monerium EUR e-money (EURE), users need to first create an account with Monerium and complete the required KYC and AML checks. Once the account is approved, users can then fund their account with Euros via bank transfer"}, "0x0c06ccf38114ddfc35e07427b9424adcca9f44f8": {"symbol": "EURE", "name": "Monerium EUR emoney", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "eure-monerium", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/eure-monerium"}, "defillama": {"totalCirculating": null, "chains": ["Gnosis", "Arbitrum", "Ethereum", "Polygon", "Linea", "Noble", "Base", "Algorand", "Scroll"], "chainCount": 9, "defillamaId": "101", "geckoId": "monerium-eur-money"}, "description": "Monerium EUR e-money (EURE) is a digital currency issued by Monerium, an electronic money institution licensed and regulated by the Financial Supervisory Authority of Iceland. EURE is a stablecoin that is pegged to the Euro at a 1:1 ratio", "mintRedeemDescription": "To mint Monerium EUR e-money (EURE), users need to first create an account with Monerium and complete the required KYC and AML checks. Once the account is approved, users can then fund their account with Euros via bank transfer"}, "0xe0aea583266584dafbb3f9c3211d5588c73fea8d": {"symbol": "EURE", "name": "Monerium EUR emoney", "chain": "polygon", "decimals": 18, "pharos": {"id": "eure-monerium", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/eure-monerium"}, "defillama": {"totalCirculating": null, "chains": ["Gnosis", "Arbitrum", "Ethereum", "Polygon", "Linea", "Noble", "Base", "Algorand", "Scroll"], "chainCount": 9, "defillamaId": "101", "geckoId": "monerium-eur-money"}, "description": "Monerium EUR e-money (EURE) is a digital currency issued by Monerium, an electronic money institution licensed and regulated by the Financial Supervisory Authority of Iceland. EURE is a stablecoin that is pegged to the Euro at a 1:1 ratio", "mintRedeemDescription": "To mint Monerium EUR e-money (EURE), users need to first create an account with Monerium and complete the required KYC and AML checks. Once the account is approved, users can then fund their account with Euros via bank transfer"}, "0xc08512927d12348f6620a698105e1baac6ecd911": {"symbol": "GYEN", "name": "GYEN", "chain": "ethereum", "decimals": 6, "pharos": {"id": "gyen-gyen", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/gyen-gyen"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Stellar", "Arbitrum", "Solana", "OP Mainnet"], "chainCount": 5, "defillamaId": "122", "geckoId": "gyen"}, "description": "GYEN is GMO Trust's NYDFS-chartered JPY stablecoin now in wind-down, with purchases disabled and redemption-only access open during the initial period. The static profile records its Japanese Yen peg mechanism as: Direct 1:1 redemption for JPY through GMO Trust (NYDFS-chartered trust company)", "mintRedeemDescription": "Pharos classifies GYEN backing as Real-World Asset Backed. Collateral, per the static profile: Japanese yen reserves held in FDIC-insured financial institutions, government money-market funds, or U.S. Treasury bills (≤3 months to maturity) per NYDFS guidelines Reserve evidence: Independent Audit from The Network Firm."}, "0x589d35656641d6ab57a545f08cf473ecd9b6d5f7": {"symbol": "GYEN", "name": "GYEN", "chain": "arbitrum", "decimals": 6, "pharos": {"id": "gyen-gyen", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/gyen-gyen"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Stellar", "Arbitrum", "Solana", "OP Mainnet"], "chainCount": 5, "defillamaId": "122", "geckoId": "gyen"}, "description": "GYEN is GMO Trust's NYDFS-chartered JPY stablecoin now in wind-down, with purchases disabled and redemption-only access open during the initial period. The static profile records its Japanese Yen peg mechanism as: Direct 1:1 redemption for JPY through GMO Trust (NYDFS-chartered trust company)", "mintRedeemDescription": "Pharos classifies GYEN backing as Real-World Asset Backed. Collateral, per the static profile: Japanese yen reserves held in FDIC-insured financial institutions, government money-market funds, or U.S. Treasury bills (≤3 months to maturity) per NYDFS guidelines Reserve evidence: Independent Audit from The Network Firm."}, "0x9de41aff9f55219d5bf4359f167d1d0c772a396d": {"symbol": "CADC", "name": "CAD Coin", "chain": "polygon", "decimals": 18, "pharos": {"id": "cadc-cad-coin", "grade": "F", "score": 36, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cadc-cad-coin"}, "defillama": {"totalCirculating": null, "chains": ["Base", "Ethereum", "Polygon", "Arbitrum"], "chainCount": 4, "defillamaId": "145", "geckoId": "cad-coin"}, "description": "CADC tokens are fully backed 1:1 with Canadian Dollars held in a bank account in Canada.", "mintRedeemDescription": "CADC is issued by PAYTRIE AB Inc., a FINTRAC regulated Money Services Business (M19690633), and backed by fully reserved assets, and redeemable on a 1:1 basis for Canadian dollars"}, "0x2b28e826b55e399f4d4699b85f68666ac51e6f70": {"symbol": "CADC", "name": "CAD Coin", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "cadc-cad-coin", "grade": "F", "score": 36, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cadc-cad-coin"}, "defillama": {"totalCirculating": null, "chains": ["Base", "Ethereum", "Polygon", "Arbitrum"], "chainCount": 4, "defillamaId": "145", "geckoId": "cad-coin"}, "description": "CADC tokens are fully backed 1:1 with Canadian Dollars held in a bank account in Canada.", "mintRedeemDescription": "CADC is issued by PAYTRIE AB Inc., a FINTRAC regulated Money Services Business (M19690633), and backed by fully reserved assets, and redeemable on a 1:1 basis for Canadian dollars"}, "0x043eb4b75d0805c43d7c834902e335621983cf03": {"symbol": "CADC", "name": "CAD Coin", "chain": "base", "decimals": 18, "pharos": {"id": "cadc-cad-coin", "grade": "F", "score": 36, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cadc-cad-coin"}, "defillama": {"totalCirculating": null, "chains": ["Base", "Ethereum", "Polygon", "Arbitrum"], "chainCount": 4, "defillamaId": "145", "geckoId": "cad-coin"}, "description": "CADC tokens are fully backed 1:1 with Canadian Dollars held in a bank account in Canada.", "mintRedeemDescription": "CADC is issued by PAYTRIE AB Inc., a FINTRAC regulated Money Services Business (M19690633), and backed by fully reserved assets, and redeemable on a 1:1 basis for Canadian dollars"}, "0xa0b18e70387ba72d1c7038bc0bd3a05e5a2287f6": {"symbol": "CADC", "name": "CAD Coin", "chain": "linea", "decimals": 18, "pharos": {"id": "cadc-cad-coin", "grade": "F", "score": 36, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cadc-cad-coin"}, "defillama": {"totalCirculating": null, "chains": ["Base", "Ethereum", "Polygon", "Arbitrum"], "chainCount": 4, "defillamaId": "145", "geckoId": "cad-coin"}, "description": "CADC tokens are fully backed 1:1 with Canadian Dollars held in a bank account in Canada.", "mintRedeemDescription": "CADC is issued by PAYTRIE AB Inc., a FINTRAC regulated Money Services Business (M19690633), and backed by fully reserved assets, and redeemable on a 1:1 basis for Canadian dollars"}, "0xa40640458fbc27b6eefedea1e9c9e17d4cee7a21": {"symbol": "AEUR", "name": "Anchored Coins AEUR", "chain": "ethereum", "decimals": 18, "pharos": {"id": "aeur-anchored-coins", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/aeur-anchored-coins"}, "defillama": {"totalCirculating": null, "chains": ["BSC", "Ethereum"], "chainCount": 2, "defillamaId": "147", "geckoId": "anchored-coins-eur"}, "description": "AEUR is Anchored Coins' centralized euro stablecoin, backed 1:1 by EUR deposits at Swissquote Bank, with the issuer winding down to comply with MiCAR. The static profile records its Euro peg mechanism as: Direct 1:1 redemption through Anchored Coins", "mintRedeemDescription": "Pharos classifies AEUR backing as Real-World Asset Backed. Collateral, per the static profile: Euro reserves held 1:1 at Swissquote Bank SA (FINMA-licensed Swiss bank) Reserve evidence: curated reserve profile."}, "0x1fca74d9ef54a6ac80ffe7d3b14e76c4330fd5d8": {"symbol": "VCHF", "name": "VNX Swiss Franc", "chain": "base", "decimals": 18, "pharos": {"id": "vchf-vnx", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/vchf-vnx"}, "defillama": {"totalCirculating": null, "chains": ["Solana", "Base", "Avalanche", "Ethereum", "Celo", "Stellar", "Polygon", "Fraxtal", "Arbitrum", "Tezos", "Q Protocol"], "chainCount": 11, "defillamaId": "157", "geckoId": "vnx-swiss-franc"}, "description": "VNX Swiss Franc (VCHF) is a fully regulated stablecoin referencing the Swiss franc. The token is issued by VNX Global Ltd., which is licensed to conduct digital asset business activities under a Class M digital assets business licence issued by the Bermuda Monetary Authority. Each VCHF token is designed to be fully backed 1:1 by Swiss francs and redeemable against the underlying Swiss franc reserve", "mintRedeemDescription": "VNX stablecoins (VCHF, VGBP) are minted upon confirmation of fiat funding of the segregated fiduciary account, and redeemed at par at any time per customer instruction. The flow supports two execution paths on the mint side (new issuance against new reserve, or proprietary-trade fill from VNX's liquidity pool) and two paths on the redeem side (direct cancellation against reserves, or buyback into the liquidity pool). An optional crypto-conversion leg is available on either side via VNX's external regulated provider. This page is the institutional-track summary; see Developer Track for sequence-level integration."}, "0x02cea97794d2cfb5f560e1ff4e9c59d1bec75969": {"symbol": "VCHF", "name": "VNX Swiss Franc", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "vchf-vnx", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/vchf-vnx"}, "defillama": {"totalCirculating": null, "chains": ["Solana", "Base", "Avalanche", "Ethereum", "Celo", "Stellar", "Polygon", "Fraxtal", "Arbitrum", "Tezos", "Q Protocol"], "chainCount": 11, "defillamaId": "157", "geckoId": "vnx-swiss-franc"}, "description": "VNX Swiss Franc (VCHF) is a fully regulated stablecoin referencing the Swiss franc. The token is issued by VNX Global Ltd., which is licensed to conduct digital asset business activities under a Class M digital assets business licence issued by the Bermuda Monetary Authority. Each VCHF token is designed to be fully backed 1:1 by Swiss francs and redeemable against the underlying Swiss franc reserve", "mintRedeemDescription": "VNX stablecoins (VCHF, VGBP) are minted upon confirmation of fiat funding of the segregated fiduciary account, and redeemed at par at any time per customer instruction. The flow supports two execution paths on the mint side (new issuance against new reserve, or proprietary-trade fill from VNX's liquidity pool) and two paths on the redeem side (direct cancellation against reserves, or buyback into the liquidity pool). An optional crypto-conversion leg is available on either side via VNX's external regulated provider. This page is the institutional-track summary; see Developer Track for sequence-level integration."}, "0x228a48df6819ccc2eca01e2192ebafffdad56c19": {"symbol": "VCHF", "name": "VNX Swiss Franc", "chain": "avalanche", "decimals": 18, "pharos": {"id": "vchf-vnx", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/vchf-vnx"}, "defillama": {"totalCirculating": null, "chains": ["Solana", "Base", "Avalanche", "Ethereum", "Celo", "Stellar", "Polygon", "Fraxtal", "Arbitrum", "Tezos", "Q Protocol"], "chainCount": 11, "defillamaId": "157", "geckoId": "vnx-swiss-franc"}, "description": "VNX Swiss Franc (VCHF) is a fully regulated stablecoin referencing the Swiss franc. The token is issued by VNX Global Ltd., which is licensed to conduct digital asset business activities under a Class M digital assets business licence issued by the Bermuda Monetary Authority. Each VCHF token is designed to be fully backed 1:1 by Swiss francs and redeemable against the underlying Swiss franc reserve", "mintRedeemDescription": "VNX stablecoins (VCHF, VGBP) are minted upon confirmation of fiat funding of the segregated fiduciary account, and redeemed at par at any time per customer instruction. The flow supports two execution paths on the mint side (new issuance against new reserve, or proprietary-trade fill from VNX's liquidity pool) and two paths on the redeem side (direct cancellation against reserves, or buyback into the liquidity pool). An optional crypto-conversion leg is available on either side via VNX's external regulated provider. This page is the institutional-track summary; see Developer Track for sequence-level integration."}, "0xc5ebea9984c485ec5d58ca5a2d376620d93af871": {"symbol": "VCHF", "name": "VNX Swiss Franc", "chain": "celo", "decimals": 18, "pharos": {"id": "vchf-vnx", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/vchf-vnx"}, "defillama": {"totalCirculating": null, "chains": ["Solana", "Base", "Avalanche", "Ethereum", "Celo", "Stellar", "Polygon", "Fraxtal", "Arbitrum", "Tezos", "Q Protocol"], "chainCount": 11, "defillamaId": "157", "geckoId": "vnx-swiss-franc"}, "description": "VNX Swiss Franc (VCHF) is a fully regulated stablecoin referencing the Swiss franc. The token is issued by VNX Global Ltd., which is licensed to conduct digital asset business activities under a Class M digital assets business licence issued by the Bermuda Monetary Authority. Each VCHF token is designed to be fully backed 1:1 by Swiss francs and redeemable against the underlying Swiss franc reserve", "mintRedeemDescription": "VNX stablecoins (VCHF, VGBP) are minted upon confirmation of fiat funding of the segregated fiduciary account, and redeemed at par at any time per customer instruction. The flow supports two execution paths on the mint side (new issuance against new reserve, or proprietary-trade fill from VNX's liquidity pool) and two paths on the redeem side (direct cancellation against reserves, or buyback into the liquidity pool). An optional crypto-conversion leg is available on either side via VNX's external regulated provider. This page is the institutional-track summary; see Developer Track for sequence-level integration."}, "0xcdb3867935247049e87c38ea270edd305d84c9ae": {"symbol": "VCHF", "name": "VNX Swiss Franc", "chain": "polygon", "decimals": 18, "pharos": {"id": "vchf-vnx", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/vchf-vnx"}, "defillama": {"totalCirculating": null, "chains": ["Solana", "Base", "Avalanche", "Ethereum", "Celo", "Stellar", "Polygon", "Fraxtal", "Arbitrum", "Tezos", "Q Protocol"], "chainCount": 11, "defillamaId": "157", "geckoId": "vnx-swiss-franc"}, "description": "VNX Swiss Franc (VCHF) is a fully regulated stablecoin referencing the Swiss franc. The token is issued by VNX Global Ltd., which is licensed to conduct digital asset business activities under a Class M digital assets business licence issued by the Bermuda Monetary Authority. Each VCHF token is designed to be fully backed 1:1 by Swiss francs and redeemable against the underlying Swiss franc reserve", "mintRedeemDescription": "VNX stablecoins (VCHF, VGBP) are minted upon confirmation of fiat funding of the segregated fiduciary account, and redeemed at par at any time per customer instruction. The flow supports two execution paths on the mint side (new issuance against new reserve, or proprietary-trade fill from VNX's liquidity pool) and two paths on the redeem side (direct cancellation against reserves, or buyback into the liquidity pool). An optional crypto-conversion leg is available on either side via VNX's external regulated provider. This page is the institutional-track summary; see Developer Track for sequence-level integration."}, "0x418126bb59457afdba1ecf376f97400b4157425d": {"symbol": "VCHF", "name": "VNX Swiss Franc", "chain": "fraxtal", "decimals": 18, "pharos": {"id": "vchf-vnx", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/vchf-vnx"}, "defillama": {"totalCirculating": null, "chains": ["Solana", "Base", "Avalanche", "Ethereum", "Celo", "Stellar", "Polygon", "Fraxtal", "Arbitrum", "Tezos", "Q Protocol"], "chainCount": 11, "defillamaId": "157", "geckoId": "vnx-swiss-franc"}, "description": "VNX Swiss Franc (VCHF) is a fully regulated stablecoin referencing the Swiss franc. The token is issued by VNX Global Ltd., which is licensed to conduct digital asset business activities under a Class M digital assets business licence issued by the Bermuda Monetary Authority. Each VCHF token is designed to be fully backed 1:1 by Swiss francs and redeemable against the underlying Swiss franc reserve", "mintRedeemDescription": "VNX stablecoins (VCHF, VGBP) are minted upon confirmation of fiat funding of the segregated fiduciary account, and redeemed at par at any time per customer instruction. The flow supports two execution paths on the mint side (new issuance against new reserve, or proprietary-trade fill from VNX's liquidity pool) and two paths on the redeem side (direct cancellation against reserves, or buyback into the liquidity pool). An optional crypto-conversion leg is available on either side via VNX's external regulated provider. This page is the institutional-track summary; see Developer Track for sequence-level integration."}, "0x449b3317a6d1efb1bc3ba0700c9eaa4ffff4ae65": {"symbol": "AUDD", "name": "AUDD", "chain": "base", "decimals": 6, "pharos": {"id": "audd-novatti", "grade": "C", "score": 55, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/audd-novatti"}, "defillama": {"totalCirculating": null, "chains": ["Stellar", "Ethereum", "Base", "XDC", "XRPL", "Redbelly", "Solana", "Hedera"], "chainCount": 8, "defillamaId": "165", "geckoId": "novatti-australian-digital-dollar"}, "description": "AUDD is an Australian Dollar Stablecoin 1:1 backed by Australian Dollars. It is currently available on Ethereum, Stellar, XRP Ledger, and Solana", "mintRedeemDescription": "AUDD is collateralised on a 1:1 basis by Australia's sovereign currency by way of cash in bank accounts or government-backed instruments such as Treasury Bills and Notes"}, "0x9fe4e6321eeb7c4bc537570f015e4734b15002b8": {"symbol": "AUDD", "name": "AUDD", "chain": "xdc", "decimals": 6, "pharos": {"id": "audd-novatti", "grade": "C", "score": 55, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/audd-novatti"}, "defillama": {"totalCirculating": null, "chains": ["Stellar", "Ethereum", "Base", "XDC", "XRPL", "Redbelly", "Solana", "Hedera"], "chainCount": 8, "defillamaId": "165", "geckoId": "novatti-australian-digital-dollar"}, "description": "AUDD is an Australian Dollar Stablecoin 1:1 backed by Australian Dollars. It is currently available on Ethereum, Stellar, XRP Ledger, and Solana", "mintRedeemDescription": "AUDD is collateralised on a 1:1 basis by Australia's sovereign currency by way of cash in bank accounts or government-backed instruments such as Treasury Bills and Notes"}, "0x39ceba2b467fa987546000eb5d1373acf1f3a2e1": {"symbol": "AUDD", "name": "AUDD", "chain": "hedera", "decimals": 6, "pharos": {"id": "audd-novatti", "grade": "C", "score": 55, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/audd-novatti"}, "defillama": {"totalCirculating": null, "chains": ["Stellar", "Ethereum", "Base", "XDC", "XRPL", "Redbelly", "Solana", "Hedera"], "chainCount": 8, "defillamaId": "165", "geckoId": "novatti-australian-digital-dollar"}, "description": "AUDD is an Australian Dollar Stablecoin 1:1 backed by Australian Dollars. It is currently available on Ethereum, Stellar, XRP Ledger, and Solana", "mintRedeemDescription": "AUDD is collateralised on a 1:1 basis by Australia's sovereign currency by way of cash in bank accounts or government-backed instruments such as Treasury Bills and Notes"}, "0x54a210e824b0f89da988e4b5586440ab354f0e46": {"symbol": "AUDD", "name": "AUDD", "chain": "redbelly", "decimals": 6, "pharos": {"id": "audd-novatti", "grade": "C", "score": 55, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/audd-novatti"}, "defillama": {"totalCirculating": null, "chains": ["Stellar", "Ethereum", "Base", "XDC", "XRPL", "Redbelly", "Solana", "Hedera"], "chainCount": 8, "defillamaId": "165", "geckoId": "novatti-australian-digital-dollar"}, "description": "AUDD is an Australian Dollar Stablecoin 1:1 backed by Australian Dollars. It is currently available on Ethereum, Stellar, XRP Ledger, and Solana", "mintRedeemDescription": "AUDD is collateralised on a 1:1 basis by Australia's sovereign currency by way of cash in bank accounts or government-backed instruments such as Treasury Bills and Notes"}, "0x3f817b28da4940f018c6b5c0a11c555ebb1264f9": {"symbol": "EURO3", "name": "EURO3", "chain": "linea", "decimals": 18, "pharos": {"id": "euro3-3a-dao", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/euro3-3a-dao"}, "defillama": {"totalCirculating": null, "chains": ["Linea", "Polygon"], "chainCount": 2, "defillamaId": "170", "geckoId": null}, "description": "EURO3 is an over-collateralized, decentralized, variable supply payment coin pegged to the Euro.", "mintRedeemDescription": "EURO3 is created by users minting EURO3 loans and it's removed from circulation (burnt) when users repay their loan or redeem EURO3 for the collateral assets."}, "0xd4dd9e2f021bb459d5a5f6c24c12fe09c5d45553": {"symbol": "ZCHF", "name": "Frankencoin", "chain": "optimism", "decimals": 18, "pharos": {"id": "zchf-frankencoin", "grade": "B+", "score": 79, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/zchf-frankencoin"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Gnosis", "Polygon", "OP Mainnet", "Arbitrum", "Avalanche", "Sonic"], "chainCount": 8, "defillamaId": "226", "geckoId": "frankencoin"}, "description": "Frankencoin ZCHF is a collateralized, oracle-free stablecoin that tracks the value of the Swiss franc", "mintRedeemDescription": "To mint ZCHF, propose a new position with a 1,000 ZCHF fee or clone an existing position, with reserves and interest deducted upfront, secured by a challenge-and-auction system to maintain collateral integrity"}, "0x50753cfaf86c094925bf976f218d043f8791e408": {"symbol": "EURR", "name": "StablR Euro", "chain": "ethereum", "decimals": 6, "pharos": {"id": "eurr-stablr", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/eurr-stablr"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Solana"], "chainCount": 2, "defillamaId": "239", "geckoId": "stablr-euro"}, "description": "EURR is StablR's MiCA-licensed euro e-money token; minting and redemption have been suspended since a May 2026 cybersecurity incident. The static profile records its Euro peg mechanism as: Direct 1:1 redemption through StablR", "mintRedeemDescription": "Pharos classifies EURR backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in segregated accounts at European financial institutions Reserve evidence: Independent Audit from Grant Thornton."}, "0x8835a2f66a7aaccb297cb985831a616b75e2e16c": {"symbol": "EUROP", "name": "Schuman EUROP", "chain": "avalanche", "decimals": 6, "pharos": {"id": "europ-schuman", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/europ-schuman"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Solana", "Avalanche", "XRPL", "Polygon", "Plasma"], "chainCount": 6, "defillamaId": "247", "geckoId": "schuman-europ"}, "description": "EURØP is a secure, transparent, and MiCA-compliant euro-denominated stablecoin, redeemable 1:1 for the euro", "mintRedeemDescription": "EURØP is issued by a licensed stablecoin issuer and regulated by the French banking authority ACPR. Each EURØP is 100% backed by euros, with reserves held in government-supervised EU banks such as Société Générale"}, "0x98658bd74ef231158cadc21d8aba733a4e947e6a": {"symbol": "EUROP", "name": "Schuman EUROP", "chain": "plasma", "decimals": 6, "pharos": {"id": "europ-schuman", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/europ-schuman"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Solana", "Avalanche", "XRPL", "Polygon", "Plasma"], "chainCount": 6, "defillamaId": "247", "geckoId": "schuman-europ"}, "description": "EURØP is a secure, transparent, and MiCA-compliant euro-denominated stablecoin, redeemable 1:1 for the euro", "mintRedeemDescription": "EURØP is issued by a licensed stablecoin issuer and regulated by the French banking authority ACPR. Each EURØP is 100% backed by euros, with reserves held in government-supervised EU banks such as Société Générale"}, "0xd571edb2ef29df10fcd6200fd6d0ed2389983db3": {"symbol": "EURQ", "name": "Quantoz EURQ", "chain": "polygon", "decimals": 6, "pharos": {"id": "eurq-quantoz", "grade": "D", "score": 45, "weakestPillar": {"pillar": "backing", "score": 39.5}, "url": "https://pharos.watch/stablecoin/eurq-quantoz"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "XRPL", "Algorand"], "chainCount": 4, "defillamaId": "274", "geckoId": "quantoz-eurq"}, "description": "EURQ is Quantoz Payments' MiCA-licensed euro stablecoin from a Dutch EMI, redeemable 1:1 against segregated euro cash and short-dated government bonds. The static profile records its Euro peg mechanism as: Direct 1:1 redemption through Quantoz Payments", "mintRedeemDescription": "Pharos classifies EURQ backing as Real-World Asset Backed. Collateral, per the static profile: Euro-denominated cash deposits and government bonds held in segregated reserves with reserve ratio disclosed on Quantoz's transparency page Reserve evidence: Self-Reported PoR."}, "0xdc3326e71d45186f113a2f448984ca0e8d201995": {"symbol": "XSGD", "name": "XSGD", "chain": "polygon", "decimals": 6, "pharos": {"id": "xsgd-straitsx", "grade": "B+", "score": 77, "weakestPillar": {"pillar": "exit", "score": 69.82}, "url": "https://pharos.watch/stablecoin/xsgd-straitsx"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Avalanche", "Zilliqa", "Hedera", "Arbitrum", "XRPL"], "chainCount": 7, "defillamaId": "289", "geckoId": "xsgd"}, "description": "XSGD is the StraitsX digital Singapore Dollar, designed to revolutionise money transfers across the region. XSGD is fully backed by reserve assets and is always redeemable on a 1:1 basis with the Singapore Dollar.", "mintRedeemDescription": "Verified StraitsX users can access the StraitsX platform to set up their StraitsX Mint function and directly mint XSGD into their preferred blockchain address by sending Singapore dollars to the bank account number available in the Mint tab. It can always be redeemed at a 1:1 ratio with SGD on the StraitsX platform."}, "0xe333e7754a2dc1e020a162ecab019254b9dab653": {"symbol": "XSGD", "name": "XSGD", "chain": "arbitrum", "decimals": 6, "pharos": {"id": "xsgd-straitsx", "grade": "B+", "score": 77, "weakestPillar": {"pillar": "exit", "score": 69.82}, "url": "https://pharos.watch/stablecoin/xsgd-straitsx"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Avalanche", "Zilliqa", "Hedera", "Arbitrum", "XRPL"], "chainCount": 7, "defillamaId": "289", "geckoId": "xsgd"}, "description": "XSGD is the StraitsX digital Singapore Dollar, designed to revolutionise money transfers across the region. XSGD is fully backed by reserve assets and is always redeemable on a 1:1 basis with the Singapore Dollar.", "mintRedeemDescription": "Verified StraitsX users can access the StraitsX platform to set up their StraitsX Mint function and directly mint XSGD into their preferred blockchain address by sending Singapore dollars to the bank account number available in the Mint tab. It can always be redeemed at a 1:1 ratio with SGD on the StraitsX platform."}, "0xb2f85b7ab3c2b6f62df06de6ae7d09c010a5096e": {"symbol": "XSGD", "name": "XSGD", "chain": "avalanche", "decimals": 6, "pharos": {"id": "xsgd-straitsx", "grade": "B+", "score": 77, "weakestPillar": {"pillar": "exit", "score": 69.82}, "url": "https://pharos.watch/stablecoin/xsgd-straitsx"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Avalanche", "Zilliqa", "Hedera", "Arbitrum", "XRPL"], "chainCount": 7, "defillamaId": "289", "geckoId": "xsgd"}, "description": "XSGD is the StraitsX digital Singapore Dollar, designed to revolutionise money transfers across the region. XSGD is fully backed by reserve assets and is always redeemable on a 1:1 basis with the Singapore Dollar.", "mintRedeemDescription": "Verified StraitsX users can access the StraitsX platform to set up their StraitsX Mint function and directly mint XSGD into their preferred blockchain address by sending Singapore dollars to the bank account number available in the Mint tab. It can always be redeemed at a 1:1 ratio with SGD on the StraitsX platform."}, "0x0a4c9cb2778ab3302996a34befcf9a8bc288c33b": {"symbol": "XSGD", "name": "XSGD", "chain": "base", "decimals": 6, "pharos": {"id": "xsgd-straitsx", "grade": "B+", "score": 77, "weakestPillar": {"pillar": "exit", "score": 69.82}, "url": "https://pharos.watch/stablecoin/xsgd-straitsx"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Avalanche", "Zilliqa", "Hedera", "Arbitrum", "XRPL"], "chainCount": 7, "defillamaId": "289", "geckoId": "xsgd"}, "description": "XSGD is the StraitsX digital Singapore Dollar, designed to revolutionise money transfers across the region. XSGD is fully backed by reserve assets and is always redeemable on a 1:1 basis with the Singapore Dollar.", "mintRedeemDescription": "Verified StraitsX users can access the StraitsX platform to set up their StraitsX Mint function and directly mint XSGD into their preferred blockchain address by sending Singapore dollars to the bank account number available in the Mint tab. It can always be redeemed at a 1:1 ratio with SGD on the StraitsX platform."}, "0xaeb4bb7debd1e5e82266f7c3b5cff56b3a7bf411": {"symbol": "VGBP", "name": "VNX British Pound", "chain": "base", "decimals": 18, "pharos": {"id": "vgbp-vnx", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/vgbp-vnx"}, "defillama": {"totalCirculating": null, "chains": ["Solana", "Celo", "Base", "Ethereum"], "chainCount": 4, "defillamaId": "292", "geckoId": "vnx-british-pound"}, "description": "VGBP is VNX's issuer-redeemable pound sterling token, backed at the latest published report date by an aggregate GBP-value reserve of undisclosed composition. The static profile records its British Pound peg mechanism as: Direct 1:1 redemption through VNX Commodities AG; tokens minted on demand for verified customers depositing equivalent GBP value", "mintRedeemDescription": "Pharos classifies VGBP backing as Real-World Asset Backed. Collateral, per the static profile: Aggregate GBP-value reserves held by VNX Commodities AG in bank accounts and/or securities custody accounts; the latest published AREVA report does not disclose the holdings or category split Reserve evidence: Independent Audit from AREVA General Auditing and Trust Company Limited."}, "0x7ae4265ecfc1f31bc0e112dfcfe3d78e01f4bb7f": {"symbol": "VGBP", "name": "VNX British Pound", "chain": "celo", "decimals": 18, "pharos": {"id": "vgbp-vnx", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/vgbp-vnx"}, "defillama": {"totalCirculating": null, "chains": ["Solana", "Celo", "Base", "Ethereum"], "chainCount": 4, "defillamaId": "292", "geckoId": "vnx-british-pound"}, "description": "VGBP is VNX's issuer-redeemable pound sterling token, backed at the latest published report date by an aggregate GBP-value reserve of undisclosed composition. The static profile records its British Pound peg mechanism as: Direct 1:1 redemption through VNX Commodities AG; tokens minted on demand for verified customers depositing equivalent GBP value", "mintRedeemDescription": "Pharos classifies VGBP backing as Real-World Asset Backed. Collateral, per the static profile: Aggregate GBP-value reserves held by VNX Commodities AG in bank accounts and/or securities custody accounts; the latest published AREVA report does not disclose the holdings or category split Reserve evidence: Independent Audit from AREVA General Auditing and Trust Company Limited."}, "0xe75220cb014dfb2d354bb59be26d7458bb8d0706": {"symbol": "PHT", "name": "PHT Stablecoin", "chain": "polygon", "decimals": 18, "pharos": {"id": "pht-pht", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/pht-pht"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Tron", "Polygon"], "chainCount": 3, "defillamaId": "299", "geckoId": "pht-stablecoin"}, "description": "PHT is APACX's Philippine peso CDP stablecoin using approved stablecoin collateral such as USDC/USDT, with apcxUSDT live in beta transparency. The static profile records its Philippine Peso peg mechanism as: Overcollateralized CDP vaults (MakerDAO MCD fork): users deposit approved collateral to mint PHT; undercollateralized vaults liquidate through independent Dutch auctions; live stablecoin paths divide Chainlink stablecoin/USD numerators by...", "mintRedeemDescription": "Pharos classifies PHT backing as Crypto-Collateralized. Collateral, per the static profile: MakerDAO-style CDP vaults using approved stablecoin collateral, with USDC/USDT described for the initial stage; APACX transparency currently lists apcxUSDT and planned apcxUSDC beta reserve wallets. Reserve evidence: live reserve feed configured."}, "0xfb8718a69aed7726afb3f04d2bd4bfde1bdcb294": {"symbol": "TRYB", "name": "Bilira", "chain": "base", "decimals": 6, "pharos": {"id": "tryb-bilira", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/tryb-bilira"}, "defillama": {"totalCirculating": null, "chains": ["Plasma", "Ethereum", "Polygon", "Avalanche", "BSC", "Base", "Solana"], "chainCount": 7, "defillamaId": "300", "geckoId": "bilira"}, "description": "TRYB is BiLira's Turkish-lira stablecoin, redeemable 1:1 against TRY cash reserves held by the issuer in Turkey. The static profile records its Turkish Lira peg mechanism as: Direct 1:1 issuance and redemption through BiLira; issuer-managed native deployments extend TRYB across multiple chains", "mintRedeemDescription": "Pharos classifies TRYB backing as Real-World Asset Backed. Collateral, per the static profile: Turkish lira cash reserves held 1:1 by BiLira; issuer materials describe full fiat backing for minted TRYB across supported chains Reserve evidence: Independent Audit from Corpus Denetim ve Yeminli Mali Musavirlik A.S.."}, "0xc1fdbed7dac39cae2ccc0748f7a80dc446f6a594": {"symbol": "TRYB", "name": "Bilira", "chain": "bsc", "decimals": 6, "pharos": {"id": "tryb-bilira", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/tryb-bilira"}, "defillama": {"totalCirculating": null, "chains": ["Plasma", "Ethereum", "Polygon", "Avalanche", "BSC", "Base", "Solana"], "chainCount": 7, "defillamaId": "300", "geckoId": "bilira"}, "description": "TRYB is BiLira's Turkish-lira stablecoin, redeemable 1:1 against TRY cash reserves held by the issuer in Turkey. The static profile records its Turkish Lira peg mechanism as: Direct 1:1 issuance and redemption through BiLira; issuer-managed native deployments extend TRYB across multiple chains", "mintRedeemDescription": "Pharos classifies TRYB backing as Real-World Asset Backed. Collateral, per the static profile: Turkish lira cash reserves held 1:1 by BiLira; issuer materials describe full fiat backing for minted TRYB across supported chains Reserve evidence: Independent Audit from Corpus Denetim ve Yeminli Mali Musavirlik A.S.."}, "0x564a341df6c126f90cf3ecb92120fd7190acb401": {"symbol": "TRYB", "name": "Bilira", "chain": "avalanche", "decimals": 6, "pharos": {"id": "tryb-bilira", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/tryb-bilira"}, "defillama": {"totalCirculating": null, "chains": ["Plasma", "Ethereum", "Polygon", "Avalanche", "BSC", "Base", "Solana"], "chainCount": 7, "defillamaId": "300", "geckoId": "bilira"}, "description": "TRYB is BiLira's Turkish-lira stablecoin, redeemable 1:1 against TRY cash reserves held by the issuer in Turkey. The static profile records its Turkish Lira peg mechanism as: Direct 1:1 issuance and redemption through BiLira; issuer-managed native deployments extend TRYB across multiple chains", "mintRedeemDescription": "Pharos classifies TRYB backing as Real-World Asset Backed. Collateral, per the static profile: Turkish lira cash reserves held 1:1 by BiLira; issuer materials describe full fiat backing for minted TRYB across supported chains Reserve evidence: Independent Audit from Corpus Denetim ve Yeminli Mali Musavirlik A.S.."}, "0x4fb71290ac171e1d144f7221d882becac7196eb5": {"symbol": "TRYB", "name": "Bilira", "chain": "polygon", "decimals": 6, "pharos": {"id": "tryb-bilira", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/tryb-bilira"}, "defillama": {"totalCirculating": null, "chains": ["Plasma", "Ethereum", "Polygon", "Avalanche", "BSC", "Base", "Solana"], "chainCount": 7, "defillamaId": "300", "geckoId": "bilira"}, "description": "TRYB is BiLira's Turkish-lira stablecoin, redeemable 1:1 against TRY cash reserves held by the issuer in Turkey. The static profile records its Turkish Lira peg mechanism as: Direct 1:1 issuance and redemption through BiLira; issuer-managed native deployments extend TRYB across multiple chains", "mintRedeemDescription": "Pharos classifies TRYB backing as Real-World Asset Backed. Collateral, per the static profile: Turkish lira cash reserves held 1:1 by BiLira; issuer materials describe full fiat backing for minted TRYB across supported chains Reserve evidence: Independent Audit from Corpus Denetim ve Yeminli Mali Musavirlik A.S.."}, "0x90729a45948c3078890bc80f2a4e7870a2ea4c5e": {"symbol": "TRYB", "name": "Bilira", "chain": "plasma", "decimals": 6, "pharos": {"id": "tryb-bilira", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/tryb-bilira"}, "defillama": {"totalCirculating": null, "chains": ["Plasma", "Ethereum", "Polygon", "Avalanche", "BSC", "Base", "Solana"], "chainCount": 7, "defillamaId": "300", "geckoId": "bilira"}, "description": "TRYB is BiLira's Turkish-lira stablecoin, redeemable 1:1 against TRY cash reserves held by the issuer in Turkey. The static profile records its Turkish Lira peg mechanism as: Direct 1:1 issuance and redemption through BiLira; issuer-managed native deployments extend TRYB across multiple chains", "mintRedeemDescription": "Pharos classifies TRYB backing as Real-World Asset Backed. Collateral, per the static profile: Turkish lira cash reserves held 1:1 by BiLira; issuer materials describe full fiat backing for minted TRYB across supported chains Reserve evidence: Independent Audit from Corpus Denetim ve Yeminli Mali Musavirlik A.S.."}, "0x92932acf15928c2007912bb9f90094a5b6fe7160": {"symbol": "TRYB", "name": "Bilira", "chain": "codex", "decimals": 6, "pharos": {"id": "tryb-bilira", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/tryb-bilira"}, "defillama": {"totalCirculating": null, "chains": ["Plasma", "Ethereum", "Polygon", "Avalanche", "BSC", "Base", "Solana"], "chainCount": 7, "defillamaId": "300", "geckoId": "bilira"}, "description": "TRYB is BiLira's Turkish-lira stablecoin, redeemable 1:1 against TRY cash reserves held by the issuer in Turkey. The static profile records its Turkish Lira peg mechanism as: Direct 1:1 issuance and redemption through BiLira; issuer-managed native deployments extend TRYB across multiple chains", "mintRedeemDescription": "Pharos classifies TRYB backing as Real-World Asset Backed. Collateral, per the static profile: Turkish lira cash reserves held 1:1 by BiLira; issuer materials describe full fiat backing for minted TRYB across supported chains Reserve evidence: Independent Audit from Corpus Denetim ve Yeminli Mali Musavirlik A.S.."}, "0x1f34490f8e8e776ffc547b39b864364035eaf44f": {"symbol": "tGBP", "name": "Tokenised GBP", "chain": "gnosis", "decimals": 18, "pharos": {"id": "tgbp-tokenised", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "exit", "score": 40.62}, "url": "https://pharos.watch/stablecoin/tgbp-tokenised"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Solana", "Polygon", "Arbitrum", "BSC", "Gnosis", "Avalanche"], "chainCount": 8, "defillamaId": "317", "geckoId": "tokenised-gbp"}, "description": "tGBP is BCP Technologies' UK-FCA-registered pound stablecoin, redeemable 1:1 against GBP reserves and short UK government paper. The static profile records its British Pound peg mechanism as: Direct 1:1 redemption through BCP Technologies Ltd; clients deposit GBP off-chain and receive minted tGBP on-chain; redemption burns tokens and triggers fiat withdrawal", "mintRedeemDescription": "Pharos classifies tGBP backing as Real-World Asset Backed. Collateral, per the static profile: Held 1:1 in GBP cash, GBP money market funds, and short-term UK gilts (zero-coupon Treasury bills) at regulated UK banking partners. Reserve evidence: Independent Audit from Andersen LLP."}, "0x20c0000000000000000000009a4a4b17e0dc6651": {"symbol": "EURAU", "name": "AllUnity EUR", "chain": "tempo", "decimals": 6, "pharos": {"id": "eurau-allunity", "grade": "C", "score": 57, "weakestPillar": {"pillar": "exit", "score": 45.93}, "url": "https://pharos.watch/stablecoin/eurau-allunity"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Base", "Tempo", "OP Mainnet", "Polygon"], "chainCount": 5, "defillamaId": "319", "geckoId": "allunity-eur"}, "description": "EURAU is a MiCAR-compliant, fully backed euro stablecoin that delivers speed, stability, and security in one.", "mintRedeemDescription": "EURAU Euro stablecoin can be seamlessly minted and redeemed by Verified Institutions - fully reserved, built for regulatory compliance, speed, and stability. Always redeemable at par value."}, "0xeded6ae915b129b67a4ad49901518f2736427063": {"symbol": "AUDM", "name": "Macropod", "chain": "base", "decimals": 18, "pharos": {"id": "audm-macropod", "grade": "C", "score": 56, "weakestPillar": {"pillar": "exit", "score": 43.64}, "url": "https://pharos.watch/stablecoin/audm-macropod"}, "description": "Australia’s first licensed stablecoin issuer, the birthplace of Aussie dollar-pegged AUDM and built for real-world payments.", "mintRedeemDescription": "AUDM each fully backed by AUD reserves safeguarded in a trust account with a Big 4 Australian bank."}, "0x39bb4e0a204412bb98e821d25e7d955e69d40fd1": {"symbol": "GBPm", "name": "Mento British Pound", "chain": "monad", "decimals": 18, "pharos": {"id": "gbpm-mento", "grade": "D", "score": 44, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/gbpm-mento"}, "defillama": {"totalCirculating": null, "chains": ["Monad", "Celo"], "chainCount": 2, "defillamaId": "358", "geckoId": "mento-british-pound"}, "description": "GBPm is Mento's British pound stablecoin on Celo, minted from CDPs collateralized by USDm with oracle-priced redemption and reserve transparency. The static profile records its British Pound peg mechanism as: CDP-backed Mento FX stablecoin: borrowers mint GBPm against USDm collateral, while repayment/redemption mechanics and oracle pricing route value back through the Mento system", "mintRedeemDescription": "Pharos classifies GBPm backing as Crypto-Collateralized. Collateral, per the static profile: Mento's CDP architecture uses USDm as the collateral asset for GBPm; the public reserve API is a portfolio view rather than an exhaustive borrower-position inventory Reserve evidence: Real-Time PoR from Mento Reserve dashboard."}, "0x22f6a6752800eab67b84748fefc3cc658384af72": {"symbol": "JPYm", "name": "Mento Japanese Yen", "chain": "monad", "decimals": 18, "pharos": {"id": "jpym-mento", "grade": "C", "score": 59, "weakestPillar": {"pillar": "control", "score": 55}, "url": "https://pharos.watch/stablecoin/jpym-mento"}, "defillama": {"totalCirculating": null, "chains": ["Celo", "Monad"], "chainCount": 2, "defillamaId": "363", "geckoId": "celo-japanese-yen"}, "description": "JPYm is a JPY-pegged synthetic stablecoin on Celo, part of the Mento Protocol. It is minted via Liquity v2-style CDPs: users deposit USDm as collateral and borrow JPYm against it.", "mintRedeemDescription": "JPYm is minted by depositing collateral into a Mento CDP (trove) and borrowing JPYm against it. Repaying the borrowed JPYm closes or reduces the trove and releases the USDm collateral."}, "0xfecb3f7c54e2caae9dc6ac9060a822d47e053760": {"symbol": "BRLA", "name": "BRLA Digital", "chain": "gnosis", "decimals": 18, "pharos": {"id": "brla-brla-digital", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "exit", "score": 47.69}, "url": "https://pharos.watch/stablecoin/brla-brla-digital"}, "defillama": {"totalCirculating": null, "chains": ["Celo", "Polygon", "Gnosis", "Moonbeam"], "chainCount": 4, "defillamaId": "365", "geckoId": "brla-digital-brla"}, "description": "BRLA is a stablecoin pegged 1:1 to the Brazilian Real (BRL), issued by Avenia and backed by audited fiat reserves.", "mintRedeemDescription": "BRLA can be minted and redeemed 1:1 for Brazilian Reais. Reserves are held in Brazil and audited by a third-party firm."}, "0xfeb25f3fddad13f82c4d6dbc1481516f62236429": {"symbol": "BRLA", "name": "BRLA Digital", "chain": "moonbeam", "decimals": 18, "pharos": {"id": "brla-brla-digital", "grade": "C-", "score": 52, "weakestPillar": {"pillar": "exit", "score": 47.69}, "url": "https://pharos.watch/stablecoin/brla-brla-digital"}, "defillama": {"totalCirculating": null, "chains": ["Celo", "Polygon", "Gnosis", "Moonbeam"], "chainCount": 4, "defillamaId": "365", "geckoId": "brla-digital-brla"}, "description": "BRLA is a stablecoin pegged 1:1 to the Brazilian Real (BRL), issued by Avenia and backed by audited fiat reserves.", "mintRedeemDescription": "BRLA can be minted and redeemed 1:1 for Brazilian Reais. Reserves are held in Brazil and audited by a third-party firm."}, "0xf64e91ffef7ef43aa314f0bc2ac39f770797990c": {"symbol": "CHFm", "name": "Mento Swiss Franc", "chain": "monad", "decimals": 18, "pharos": {"id": "chfm-mento", "grade": "D", "score": 44, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/chfm-mento"}, "defillama": {"totalCirculating": null, "chains": ["Celo", "Monad"], "chainCount": 2, "defillamaId": "370", "geckoId": "celo-swiss-franc"}, "description": "CHFm is Mento's CDP-backed Swiss franc stablecoin on Celo, minted by borrowers against USDm collateral inside the Mento system. The static profile records its Swiss Franc peg mechanism as: CDP-backed Mento FX stablecoin: borrowers mint CHFm against USDm collateral, while repayment/redemption mechanics and oracle pricing route value back through the Mento system", "mintRedeemDescription": "Pharos classifies CHFm backing as Crypto-Collateralized. Collateral, per the static profile: Mento CDP debt backed by USDm collateral, with live collateral and debt rows exposed by the Mento reserve dashboard API Reserve evidence: Real-Time PoR from Mento Reserve dashboard."}, "0x3ed0b3c4c0168a560d34e361b8130dcca4677736": {"symbol": "REUR", "name": "Royal Euro", "chain": "ethereum", "decimals": 18, "pharos": {"id": "reur-royal-euro", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/reur-royal-euro"}, "defillama": {"totalCirculating": null, "chains": ["BSC", "Tron", "Ethereum"], "chainCount": 3, "defillamaId": "414", "geckoId": "royal-euro"}, "description": "REUR is the Royal Euro stablecoin from RIB Digital Holdings, targeting 1:1 backing with euro cash reserves held at top-tier international banks. The static profile records its Euro peg mechanism as: Issuer-managed mint and redemption route targeting 1 REUR = 1 EUR, subject to reserve sufficiency, redemption terms, and market conditions", "mintRedeemDescription": "Pharos classifies REUR backing as Real-World Asset Backed. Collateral, per the static profile: Euro cash reserves held through top-tier international banks to target 1:1 backing for each REUR issued by The RIB Digital Holdings Limited Reserve evidence: Real-Time PoR from RIB Digital signed PoR snapshots."}, "0xc2ff25dd99e467d2589b2c26edd270f220f14e47": {"symbol": "dEURO", "name": "Decentralized Euro", "chain": "polygon", "decimals": 18, "pharos": {"id": "deuro-deuro", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 52}, "url": "https://pharos.watch/stablecoin/deuro-deuro"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Arbitrum", "Base", "OP Mainnet"], "chainCount": 5, "defillamaId": "423", "geckoId": "decentralized-euro"}, "description": "DEURO is a decentralized euro stablecoin minted from overcollateralized BTC, ETH, and crypto vaults using a Frankencoin-style oracle-free auction mechanism. The static profile records its Euro peg mechanism as: Overcollateralized CDP with automated liquidation; no oracle dependency (same architecture as Frankencoin ZCHF)", "mintRedeemDescription": "Pharos classifies DEURO backing as Crypto-Collateralized. Collateral, per the static profile: WFPS (Wrapped Frankencoin Pool Shares, about 63%), WBTC/cbBTC/kBTC (about 37%), plus DEPS, ZCHF, WETH/LsETH and tokenized equities, in oracle-free overcollateralized positions; WFPS/ZCHF/DEPS create cross-protocol Frankencoin-ecosystem... Reserve evidence: live reserve feed configured."}, "0x5e85faf503621830ca857a5f38b982e0cc57d537": {"symbol": "dEURO", "name": "Decentralized Euro", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "deuro-deuro", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 52}, "url": "https://pharos.watch/stablecoin/deuro-deuro"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Arbitrum", "Base", "OP Mainnet"], "chainCount": 5, "defillamaId": "423", "geckoId": "decentralized-euro"}, "description": "DEURO is a decentralized euro stablecoin minted from overcollateralized BTC, ETH, and crypto vaults using a Frankencoin-style oracle-free auction mechanism. The static profile records its Euro peg mechanism as: Overcollateralized CDP with automated liquidation; no oracle dependency (same architecture as Frankencoin ZCHF)", "mintRedeemDescription": "Pharos classifies DEURO backing as Crypto-Collateralized. Collateral, per the static profile: WFPS (Wrapped Frankencoin Pool Shares, about 63%), WBTC/cbBTC/kBTC (about 37%), plus DEPS, ZCHF, WETH/LsETH and tokenized equities, in oracle-free overcollateralized positions; WFPS/ZCHF/DEPS create cross-protocol Frankencoin-ecosystem... Reserve evidence: live reserve feed configured."}, "0x1b5f7fa46ed0f487f049c42f374ca4827d65a264": {"symbol": "dEURO", "name": "Decentralized Euro", "chain": "optimism", "decimals": 18, "pharos": {"id": "deuro-deuro", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 52}, "url": "https://pharos.watch/stablecoin/deuro-deuro"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Polygon", "Arbitrum", "Base", "OP Mainnet"], "chainCount": 5, "defillamaId": "423", "geckoId": "decentralized-euro"}, "description": "DEURO is a decentralized euro stablecoin minted from overcollateralized BTC, ETH, and crypto vaults using a Frankencoin-style oracle-free auction mechanism. The static profile records its Euro peg mechanism as: Overcollateralized CDP with automated liquidation; no oracle dependency (same architecture as Frankencoin ZCHF)", "mintRedeemDescription": "Pharos classifies DEURO backing as Crypto-Collateralized. Collateral, per the static profile: WFPS (Wrapped Frankencoin Pool Shares, about 63%), WBTC/cbBTC/kBTC (about 37%), plus DEPS, ZCHF, WETH/LsETH and tokenized equities, in oracle-free overcollateralized positions; WFPS/ZCHF/DEPS create cross-protocol Frankencoin-ecosystem... Reserve evidence: live reserve feed configured."}, "0xa15705e6fc8b3e08e7253f3758de1a754baa0761": {"symbol": "QCAD", "name": "Stablecorp QCAD", "chain": "base", "decimals": 6, "pharos": {"id": "qcad-stablecorp", "grade": "C", "score": 59, "weakestPillar": {"pillar": "exit", "score": 45.93}, "url": "https://pharos.watch/stablecoin/qcad-stablecorp"}, "defillama": {"totalCirculating": null, "chains": ["Ethereum", "Solana", "Base"], "chainCount": 3, "defillamaId": "424", "geckoId": "stablecorp-qcad"}, "description": "QCAD is Stablecorp's Canadian dollar stablecoin redeemable 1:1 against CAD fiat in regulated Canadian banks under the QCAD Digital Trust framework. The static profile records its Canadian Dollar peg mechanism as: Qualified holders can mint and redeem QCAD at 1 CAD through Stablecorp or authorized partners; issuer APIs publish live supply and fiat reserve totals.", "mintRedeemDescription": "Pharos classifies QCAD backing as Real-World Asset Backed. Collateral, per the static profile: Canadian dollars held 1:1 in regulated Canadian financial institutions under the QCAD Digital Trust reserve framework Reserve evidence: Independent Audit from Kingston Ross Pasnak LLP."}, "0xdb13997f4d83ef343845d0baeb27d1173df8c224": {"symbol": "BUCK", "name": "Buck", "chain": "ethereum", "decimals": 18, "pharos": {"id": "buck-buck-assets", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/buck-buck-assets"}, "defillama": {"totalCirculating": 25896691.27817947, "chains": ["Sui"], "chainCount": 1, "defillamaId": "154", "geckoId": "bucket-protocol-buck-stablecoin"}, "description": "BUCK was Bridge Building's USDC-redeemable savings stablecoin backed by Strategy Inc. preferred stock (STRC) before its April 2026 wind-down. The static profile records its US Dollar peg mechanism as: 1:1 mint and redemption against USDC via the LiquidityWindow smart contract; AML-verified primary market participants only; yield distributed monthly as additional BUCK tokens (rebase)", "mintRedeemDescription": "Pharos classifies BUCK backing as Real-World Asset Backed. Collateral, per the static profile: USDC liquidity reserve for redemptions plus Strategy Inc. perpetual preferred stock (STRC), a BTC-backed equity instrument; treasury reported at 1.79× reserve ratio (Mar 2026 attestation by The Network Firm) Reserve evidence: Independent Audit from The Network Firm."}, "0x890a5122aa1da30fec4286de7904ff808f0bd74a": {"symbol": "msY", "name": "Main Street Yield", "chain": "ethereum", "decimals": 18, "pharos": {"id": "msy-main-street", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/msy-main-street"}, "description": "msY was Main Street's ERC-4626-style strategy vault over msUSD; Pharos freezes it after the parent msUSD collapse in June 2026. The static profile records its US Dollar peg mechanism as: ERC-4626-style staking token over msUSD; users stake msUSD for msY, whose exchange rate appreciates with strategy returns, while final USDC redemption inherits Main Street's primary-market caps and cooldowns", "mintRedeemDescription": "Pharos classifies msY backing as Crypto-Collateralized. Collateral, per the static profile: msUSD strategy vault shares backed by Main Street's delta-neutral options and derivatives strategy reserve; exchange-rate gains accrue to msY holders Reserve evidence: curated reserve profile."}, "0x9eead9ce15383caeed975427340b3a369410cfbf": {"symbol": "aUSD₮", "name": "Alloy Tether", "chain": "ethereum", "decimals": 6, "pharos": {"id": "ausdt-tether-alloy", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/ausdt-tether-alloy"}, "description": "aUSDT is Alloy by Tether's dollar stablecoin, minted by KYC-verified users depositing Tether Gold (XAUT) into Ethereum vaults at up to 75% LTV. The static profile records its US Dollar peg mechanism as: KYC-verified, whitelisted users mint aUSDT by depositing Ethereum XAUT into Alloy vaults, with positions limited by a 75% maximum mint-to-value ratio. Users return aUSDT to withdraw XAUT collateral, and whitelisted liquidators can repay...", "mintRedeemDescription": "Pharos classifies aUSD₮ backing as Real-World Asset Backed. Collateral, per the static profile: Overcollateralized Tether Gold (XAUT) deposited into the Alloy by Tether Ethereum vault; XAUT represents physical gold stored in Swiss vaults Reserve evidence: Real-Time PoR from Alloy by Tether Ethereum Vault."}, "0x2370f9d504c7a6e775bf6e14b3f12846b594cd53": {"symbol": "JPYC", "name": "JPY Coin v1", "chain": "ethereum", "decimals": 18, "pharos": {"id": "jpyc-jpyc-v1", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/jpyc-jpyc-v1"}, "defillama": {"totalCirculating": null, "chains": ["Kaia", "Polygon", "Ethereum", "Avalanche"], "chainCount": 4, "defillamaId": "355", "geckoId": "jpycoin"}, "description": "JPYC v1 is the legacy prepaid-payment yen token series from JPYC Inc., predating the funds-transfer-token migration to the current JPYC contracts. The static profile records its Japanese Yen peg mechanism as: Prepaid-payment instrument under Japan's Payment Services Act: yen deposited in advance is issued 1:1 as JPYC v1 tokens backed by JPYC Inc. yen reserves. Tokens are non-refundable to cash by design and usable only for payments and free...", "mintRedeemDescription": "Pharos classifies JPYC backing as Real-World Asset Backed. Collateral, per the static profile: Japanese-yen reserve assets held for the legacy prepaid-payment JPYC v1 token series Reserve evidence: curated reserve profile."}, "0x6ae7dfc73e0dde2aa99ac063dcf7e8a63265108c": {"symbol": "JPYC", "name": "JPY Coin v1", "chain": "polygon", "decimals": 18, "pharos": {"id": "jpyc-jpyc-v1", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/jpyc-jpyc-v1"}, "defillama": {"totalCirculating": null, "chains": ["Kaia", "Polygon", "Ethereum", "Avalanche"], "chainCount": 4, "defillamaId": "355", "geckoId": "jpycoin"}, "description": "JPYC v1 is the legacy prepaid-payment yen token series from JPYC Inc., predating the funds-transfer-token migration to the current JPYC contracts. The static profile records its Japanese Yen peg mechanism as: Prepaid-payment instrument under Japan's Payment Services Act: yen deposited in advance is issued 1:1 as JPYC v1 tokens backed by JPYC Inc. yen reserves. Tokens are non-refundable to cash by design and usable only for payments and free...", "mintRedeemDescription": "Pharos classifies JPYC backing as Real-World Asset Backed. Collateral, per the static profile: Japanese-yen reserve assets held for the legacy prepaid-payment JPYC v1 token series Reserve evidence: curated reserve profile."}, "0x417602f4fbdd471a431ae29fb5fe0a681964c11b": {"symbol": "JPYC", "name": "JPY Coin v1", "chain": "gnosis", "decimals": 18, "pharos": {"id": "jpyc-jpyc-v1", "grade": null, "score": null, "weakestPillar": null, "url": "https://pharos.watch/stablecoin/jpyc-jpyc-v1"}, "defillama": {"totalCirculating": null, "chains": ["Kaia", "Polygon", "Ethereum", "Avalanche"], "chainCount": 4, "defillamaId": "355", "geckoId": "jpycoin"}, "description": "JPYC v1 is the legacy prepaid-payment yen token series from JPYC Inc., predating the funds-transfer-token migration to the current JPYC contracts. The static profile records its Japanese Yen peg mechanism as: Prepaid-payment instrument under Japan's Payment Services Act: yen deposited in advance is issued 1:1 as JPYC v1 tokens backed by JPYC Inc. yen reserves. Tokens are non-refundable to cash by design and usable only for payments and free...", "mintRedeemDescription": "Pharos classifies JPYC backing as Real-World Asset Backed. Collateral, per the static profile: Japanese-yen reserve assets held for the legacy prepaid-payment JPYC v1 token series Reserve evidence: curated reserve profile."}, "0x40461291347e1ecbb09499f3371d3f17f10d7159": {"symbol": "XAUT", "name": "Tether Gold", "chain": "arbitrum", "decimals": 6, "pharos": {"id": "xaut-tether", "grade": "B", "score": 71, "weakestPillar": {"pillar": "exit", "score": 63.53}, "url": "https://pharos.watch/stablecoin/xaut-tether"}, "description": "XAUT is Tether's gold-backed commodity token, with each token representing one fine troy ounce of LBMA Good Delivery gold held in Swiss vaults. The static profile records its Gold peg mechanism as: Direct 1:1 redemption for physical gold through TG Commodities, S.A. de C.V.; minimum 430 XAUt for a full bar; physical delivery to Switzerland only. Supply figures include XAUt0 (omnichain variant via LayerZero lock-and-mint) deployed on...", "mintRedeemDescription": "Pharos classifies XAUT backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery gold bars held in Swiss vaults by an undisclosed Swiss custodian; each token represents one fine troy ounce Reserve evidence: Independent Audit from BDO Italia."}, "0x21caef8a43163eea865baee23b9c2e327696a3bf": {"symbol": "XAUT", "name": "Tether Gold", "chain": "bsc", "decimals": 6, "pharos": {"id": "xaut-tether", "grade": "B", "score": 71, "weakestPillar": {"pillar": "exit", "score": 63.53}, "url": "https://pharos.watch/stablecoin/xaut-tether"}, "description": "XAUT is Tether's gold-backed commodity token, with each token representing one fine troy ounce of LBMA Good Delivery gold held in Swiss vaults. The static profile records its Gold peg mechanism as: Direct 1:1 redemption for physical gold through TG Commodities, S.A. de C.V.; minimum 430 XAUt for a full bar; physical delivery to Switzerland only. Supply figures include XAUt0 (omnichain variant via LayerZero lock-and-mint) deployed on...", "mintRedeemDescription": "Pharos classifies XAUT backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery gold bars held in Swiss vaults by an undisclosed Swiss custodian; each token represents one fine troy ounce Reserve evidence: Independent Audit from BDO Italia."}, "0xf4d9235269a96aadafc9adae454a0618ebe37949": {"symbol": "XAUT", "name": "Tether Gold", "chain": "hyperevm", "decimals": 6, "pharos": {"id": "xaut-tether", "grade": "B", "score": 71, "weakestPillar": {"pillar": "exit", "score": 63.53}, "url": "https://pharos.watch/stablecoin/xaut-tether"}, "description": "XAUT is Tether's gold-backed commodity token, with each token representing one fine troy ounce of LBMA Good Delivery gold held in Swiss vaults. The static profile records its Gold peg mechanism as: Direct 1:1 redemption for physical gold through TG Commodities, S.A. de C.V.; minimum 430 XAUt for a full bar; physical delivery to Switzerland only. Supply figures include XAUt0 (omnichain variant via LayerZero lock-and-mint) deployed on...", "mintRedeemDescription": "Pharos classifies XAUT backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery gold bars held in Swiss vaults by an undisclosed Swiss custodian; each token represents one fine troy ounce Reserve evidence: Independent Audit from BDO Italia."}, "0x1b64b9025eebb9a6239575df9ea4b9ac46d4d193": {"symbol": "XAUT", "name": "Tether Gold", "chain": "plasma", "decimals": 6, "pharos": {"id": "xaut-tether", "grade": "B", "score": 71, "weakestPillar": {"pillar": "exit", "score": 63.53}, "url": "https://pharos.watch/stablecoin/xaut-tether"}, "description": "XAUT is Tether's gold-backed commodity token, with each token representing one fine troy ounce of LBMA Good Delivery gold held in Swiss vaults. The static profile records its Gold peg mechanism as: Direct 1:1 redemption for physical gold through TG Commodities, S.A. de C.V.; minimum 430 XAUt for a full bar; physical delivery to Switzerland only. Supply figures include XAUt0 (omnichain variant via LayerZero lock-and-mint) deployed on...", "mintRedeemDescription": "Pharos classifies XAUT backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery gold bars held in Swiss vaults by an undisclosed Swiss custodian; each token represents one fine troy ounce Reserve evidence: Independent Audit from BDO Italia."}, "0xf50258d3c1dd88946c567920b986a12e65b50dac": {"symbol": "XAUT", "name": "Tether Gold", "chain": "ink", "decimals": 6, "pharos": {"id": "xaut-tether", "grade": "B", "score": 71, "weakestPillar": {"pillar": "exit", "score": 63.53}, "url": "https://pharos.watch/stablecoin/xaut-tether"}, "description": "XAUT is Tether's gold-backed commodity token, with each token representing one fine troy ounce of LBMA Good Delivery gold held in Swiss vaults. The static profile records its Gold peg mechanism as: Direct 1:1 redemption for physical gold through TG Commodities, S.A. de C.V.; minimum 430 XAUt for a full bar; physical delivery to Switzerland only. Supply figures include XAUt0 (omnichain variant via LayerZero lock-and-mint) deployed on...", "mintRedeemDescription": "Pharos classifies XAUT backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery gold bars held in Swiss vaults by an undisclosed Swiss custodian; each token represents one fine troy ounce Reserve evidence: Independent Audit from BDO Italia."}, "0x2775d5105276781b4b85ba6ea6a6653beed1dd32": {"symbol": "XAUT", "name": "Tether Gold", "chain": "avalanche", "decimals": 6, "pharos": {"id": "xaut-tether", "grade": "B", "score": 71, "weakestPillar": {"pillar": "exit", "score": 63.53}, "url": "https://pharos.watch/stablecoin/xaut-tether"}, "description": "XAUT is Tether's gold-backed commodity token, with each token representing one fine troy ounce of LBMA Good Delivery gold held in Swiss vaults. The static profile records its Gold peg mechanism as: Direct 1:1 redemption for physical gold through TG Commodities, S.A. de C.V.; minimum 430 XAUt for a full bar; physical delivery to Switzerland only. Supply figures include XAUt0 (omnichain variant via LayerZero lock-and-mint) deployed on...", "mintRedeemDescription": "Pharos classifies XAUT backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery gold bars held in Swiss vaults by an undisclosed Swiss custodian; each token represents one fine troy ounce Reserve evidence: Independent Audit from BDO Italia."}, "0xacc6efbe554397b741baadecf0120780b858f5f4": {"symbol": "XAUT", "name": "Tether Gold", "chain": "conflux", "decimals": 6, "pharos": {"id": "xaut-tether", "grade": "B", "score": 71, "weakestPillar": {"pillar": "exit", "score": 63.53}, "url": "https://pharos.watch/stablecoin/xaut-tether"}, "description": "XAUT is Tether's gold-backed commodity token, with each token representing one fine troy ounce of LBMA Good Delivery gold held in Swiss vaults. The static profile records its Gold peg mechanism as: Direct 1:1 redemption for physical gold through TG Commodities, S.A. de C.V.; minimum 430 XAUt for a full bar; physical delivery to Switzerland only. Supply figures include XAUt0 (omnichain variant via LayerZero lock-and-mint) deployed on...", "mintRedeemDescription": "Pharos classifies XAUT backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery gold bars held in Swiss vaults by an undisclosed Swiss custodian; each token represents one fine troy ounce Reserve evidence: Independent Audit from BDO Italia."}, "0x01bff41798a0bcf287b996046ca68b395dbc1071": {"symbol": "XAUT", "name": "Tether Gold", "chain": "monad", "decimals": 6, "pharos": {"id": "xaut-tether", "grade": "B", "score": 71, "weakestPillar": {"pillar": "exit", "score": 63.53}, "url": "https://pharos.watch/stablecoin/xaut-tether"}, "description": "XAUT is Tether's gold-backed commodity token, with each token representing one fine troy ounce of LBMA Good Delivery gold held in Swiss vaults. The static profile records its Gold peg mechanism as: Direct 1:1 redemption for physical gold through TG Commodities, S.A. de C.V.; minimum 430 XAUt for a full bar; physical delivery to Switzerland only. Supply figures include XAUt0 (omnichain variant via LayerZero lock-and-mint) deployed on...", "mintRedeemDescription": "Pharos classifies XAUT backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery gold bars held in Swiss vaults by an undisclosed Swiss custodian; each token represents one fine troy ounce Reserve evidence: Independent Audit from BDO Italia."}, "0x23ae4fd8e7844cdbc97775496ebd0e8248656028": {"symbol": "XAUm", "name": "Matrixdock Gold", "chain": "bsc", "decimals": 18, "pharos": {"id": "xaum-matrixdock", "grade": "C", "score": 55, "weakestPillar": {"pillar": "exit", "score": 43.16}, "url": "https://pharos.watch/stablecoin/xaum-matrixdock"}, "description": "XAUm is Matrixdock's gold-backed commodity token, with each token representing one troy ounce of LBMA-certified 99.99% gold vaulted in Singapore and Hong Kong. The static profile records its Gold peg mechanism as: Direct redemption for physical gold through Matrixdock; minimum 32.148 XAUm (1 kg bar) for physical delivery; available to KYC-verified accredited investors in Singapore and Hong Kong", "mintRedeemDescription": "Pharos classifies XAUm backing as Real-World Asset Backed. Collateral, per the static profile: LBMA-certified 99.99% pure gold bars stored in Brink's and Malca-Amit vaults in Singapore and Hong Kong Reserve evidence: Independent Audit from Bureau Veritas."}, "0xa7e22972a19dd924afeedf3db28033b146801081": {"symbol": "XAUm", "name": "Matrixdock Gold", "chain": "polygon", "decimals": 18, "pharos": {"id": "xaum-matrixdock", "grade": "C", "score": 55, "weakestPillar": {"pillar": "exit", "score": 43.16}, "url": "https://pharos.watch/stablecoin/xaum-matrixdock"}, "description": "XAUm is Matrixdock's gold-backed commodity token, with each token representing one troy ounce of LBMA-certified 99.99% gold vaulted in Singapore and Hong Kong. The static profile records its Gold peg mechanism as: Direct redemption for physical gold through Matrixdock; minimum 32.148 XAUm (1 kg bar) for physical delivery; available to KYC-verified accredited investors in Singapore and Hong Kong", "mintRedeemDescription": "Pharos classifies XAUm backing as Real-World Asset Backed. Collateral, per the static profile: LBMA-certified 99.99% pure gold bars stored in Brink's and Malca-Amit vaults in Singapore and Hong Kong Reserve evidence: Independent Audit from Bureau Veritas."}, "0xa0c4f78a29ead4abf6b7f5b3f0d05c0f3eab8ddf": {"symbol": "XAUm", "name": "Matrixdock Gold", "chain": "plume", "decimals": 18, "pharos": {"id": "xaum-matrixdock", "grade": "C", "score": 55, "weakestPillar": {"pillar": "exit", "score": 43.16}, "url": "https://pharos.watch/stablecoin/xaum-matrixdock"}, "description": "XAUm is Matrixdock's gold-backed commodity token, with each token representing one troy ounce of LBMA-certified 99.99% gold vaulted in Singapore and Hong Kong. The static profile records its Gold peg mechanism as: Direct redemption for physical gold through Matrixdock; minimum 32.148 XAUm (1 kg bar) for physical delivery; available to KYC-verified accredited investors in Singapore and Hong Kong", "mintRedeemDescription": "Pharos classifies XAUm backing as Real-World Asset Backed. Collateral, per the static profile: LBMA-certified 99.99% pure gold bars stored in Brink's and Malca-Amit vaults in Singapore and Hong Kong Reserve evidence: Independent Audit from Bureau Veritas."}, "0xc8bb8eda94931ca2f20ef43ea7dbd58e68400400": {"symbol": "VNXAU", "name": "VNX Gold", "chain": "polygon", "decimals": 18, "pharos": {"id": "vnxau-vnx", "grade": "D", "score": 45, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/vnxau-vnx"}, "description": "VNXAU is VNX's Liechtenstein-licensed gold token where each unit represents one gram of allocated physical gold vaulted under the FMA Blockchain Act. The static profile records its Gold peg mechanism as: Each VNXAU represents one gram of gold; verified VNX platform users can sell tokens through the platform and request physical collection or delivery from one-kilogram bar denominations", "mintRedeemDescription": "Pharos classifies VNXAU backing as Real-World Asset Backed. Collateral, per the static profile: Physical gold reported in custody at Philoro in Liechtenstein; the latest AUP reconciles 13,100 tokens to 13,100 gross grams but does not validate gold quality, value, legal rights, or physical presence Reserve evidence: Independent Audit from AREVA General Auditing and Trust Company Limited."}, "0xac3fe22294beaed9d1fd752323a6d06d12ff3098": {"symbol": "VNXAU", "name": "VNX Gold", "chain": "base", "decimals": 18, "pharos": {"id": "vnxau-vnx", "grade": "D", "score": 45, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/vnxau-vnx"}, "description": "VNXAU is VNX's Liechtenstein-licensed gold token where each unit represents one gram of allocated physical gold vaulted under the FMA Blockchain Act. The static profile records its Gold peg mechanism as: Each VNXAU represents one gram of gold; verified VNX platform users can sell tokens through the platform and request physical collection or delivery from one-kilogram bar denominations", "mintRedeemDescription": "Pharos classifies VNXAU backing as Real-World Asset Backed. Collateral, per the static profile: Physical gold reported in custody at Philoro in Liechtenstein; the latest AUP reconciles 13,100 tokens to 13,100 gross grams but does not validate gold quality, value, legal rights, or physical presence Reserve evidence: Independent Audit from AREVA General Auditing and Trust Company Limited."}, "0x93f5475da60143c50e8be3fed10c143b0cf8b9e9": {"symbol": "VNXAU", "name": "VNX Gold", "chain": "etherlink", "decimals": 18, "pharos": {"id": "vnxau-vnx", "grade": "D", "score": 45, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/vnxau-vnx"}, "description": "VNXAU is VNX's Liechtenstein-licensed gold token where each unit represents one gram of allocated physical gold vaulted under the FMA Blockchain Act. The static profile records its Gold peg mechanism as: Each VNXAU represents one gram of gold; verified VNX platform users can sell tokens through the platform and request physical collection or delivery from one-kilogram bar denominations", "mintRedeemDescription": "Pharos classifies VNXAU backing as Real-World Asset Backed. Collateral, per the static profile: Physical gold reported in custody at Philoro in Liechtenstein; the latest AUP reconciles 13,100 tokens to 13,100 gross grams but does not validate gold quality, value, legal rights, or physical presence Reserve evidence: Independent Audit from AREVA General Auditing and Trust Company Limited."}, "0xe908475f8beb7a138b0dc6eb5a05cb27068ffb9a": {"symbol": "DGLD", "name": "DGLD Tokenized Gold", "chain": "base", "decimals": 18, "pharos": {"id": "dgld-gold-token-sa", "grade": "D", "score": 46, "weakestPillar": {"pillar": "exit", "score": 43.64}, "url": "https://pharos.watch/stablecoin/dgld-gold-token-sa"}, "description": "DGLD is Gold Token SA's tokenized physical gold from Swiss vaults, each token redeemable for 1 troy ounce of allocated LBMA PAMP-refined gold. The static profile records its Gold peg mechanism as: Direct 1:1 redemption for physical PAMP® gold through Gold Token SA; minimum 1 gram, no custody or transfer fees", "mintRedeemDescription": "Pharos classifies DGLD backing as Real-World Asset Backed. Collateral, per the static profile: LBMA Good Delivery PAMP® gold bars allocated in insured Swiss vaults operated by MKS PAMP SA (1 DGLD = 1 troy ounce) Reserve evidence: Real-Time PoR from MKS PAMP bar registry."}, "0x64ae250e044688ddd04262f17daca23c28d241c2": {"symbol": "PGOLD", "name": "Pleasing Gold", "chain": "apechain", "decimals": 18, "pharos": {"id": "pgold-pleasing", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/pgold-pleasing"}, "description": "PGOLD is Pleasing's gold-backed token; each unit represents one troy ounce of LBMA-standard 99.99% bullion under issuer custody with KYC-gated redemption. The static profile records its Gold peg mechanism as: Issuer-managed gold-backed token with off-chain custody and redemption workflow; documentation describes physical redemption and delivery through the Pleasing platform subject to KYC and size requirements", "mintRedeemDescription": "Pharos classifies PGOLD backing as Real-World Asset Backed. Collateral, per the static profile: LBMA-standard 99.99% physical gold with 1 PGOLD representing 1 fine troy ounce; issuer materials describe fully gold-backed reserves and physical redemption support Reserve evidence: Self-Reported PoR from Pleasing Gold issuer disclosure."}, "0xfb0bd86210d2a10543bb40289e92d108b3a5334f": {"symbol": "PGOLD", "name": "Pleasing Gold", "chain": "ethereum", "decimals": 18, "pharos": {"id": "pgold-pleasing", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/pgold-pleasing"}, "description": "PGOLD is Pleasing's gold-backed token; each unit represents one troy ounce of LBMA-standard 99.99% bullion under issuer custody with KYC-gated redemption. The static profile records its Gold peg mechanism as: Issuer-managed gold-backed token with off-chain custody and redemption workflow; documentation describes physical redemption and delivery through the Pleasing platform subject to KYC and size requirements", "mintRedeemDescription": "Pharos classifies PGOLD backing as Real-World Asset Backed. Collateral, per the static profile: LBMA-standard 99.99% physical gold with 1 PGOLD representing 1 fine troy ounce; issuer materials describe fully gold-backed reserves and physical redemption support Reserve evidence: Self-Reported PoR from Pleasing Gold issuer disclosure."}, "0x531f1e4a3ca96b9f42467659d8088b07fe8d2839": {"symbol": "PGOLD", "name": "Pleasing Gold", "chain": "pharos", "decimals": 18, "pharos": {"id": "pgold-pleasing", "grade": "F", "score": 38, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/pgold-pleasing"}, "description": "PGOLD is Pleasing's gold-backed token; each unit represents one troy ounce of LBMA-standard 99.99% bullion under issuer custody with KYC-gated redemption. The static profile records its Gold peg mechanism as: Issuer-managed gold-backed token with off-chain custody and redemption workflow; documentation describes physical redemption and delivery through the Pleasing platform subject to KYC and size requirements", "mintRedeemDescription": "Pharos classifies PGOLD backing as Real-World Asset Backed. Collateral, per the static profile: LBMA-standard 99.99% physical gold with 1 PGOLD representing 1 fine troy ounce; issuer materials describe fully gold-backed reserves and physical redemption support Reserve evidence: Self-Reported PoR from Pleasing Gold issuer disclosure."}, "0xee8f4ec5672f09119b96ab6fb59c27e1b7e44b61": {"symbol": "gtUSDCp", "name": "Gauntlet USDC Prime", "chain": "base", "decimals": 18, "pharos": {"id": "gtusdcp-gauntlet", "grade": "D", "score": 45, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/gtusdcp-gauntlet"}, "description": "gtUSDCp is the Gauntlet-curated MetaMorpho V2 vault for USDC, an ERC-4626 wrapper compounding USDC lending yield across permissioned Morpho markets. The static profile records its US Dollar peg mechanism as: ERC-4626 MetaMorpho V2 vault shares appreciate against USDC as borrower interest accrues; withdrawals redeem vault shares for available USDC liquidity or wait for Morpho market liquidity to return", "mintRedeemDescription": "Pharos classifies gtUSDCp backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into a Gauntlet-curated MetaMorpho V2 vault on Morpho Blue; the curator allocates across permissioned USDC lending markets backed by blue-chip crypto and real-world asset collateral Reserve evidence: live reserve feed configured."}, "0x7c574174da4b2be3f705c6244b4bfa0815a8b3ed": {"symbol": "gtUSDCp", "name": "Gauntlet USDC Prime", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "gtusdcp-gauntlet", "grade": "D", "score": 45, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/gtusdcp-gauntlet"}, "description": "gtUSDCp is the Gauntlet-curated MetaMorpho V2 vault for USDC, an ERC-4626 wrapper compounding USDC lending yield across permissioned Morpho markets. The static profile records its US Dollar peg mechanism as: ERC-4626 MetaMorpho V2 vault shares appreciate against USDC as borrower interest accrues; withdrawals redeem vault shares for available USDC liquidity or wait for Morpho market liquidity to return", "mintRedeemDescription": "Pharos classifies gtUSDCp backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into a Gauntlet-curated MetaMorpho V2 vault on Morpho Blue; the curator allocates across permissioned USDC lending markets backed by blue-chip crypto and real-world asset collateral Reserve evidence: live reserve feed configured."}, "0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2": {"symbol": "sUSDe", "name": "Ethena Staked USDe", "chain": "plasma", "decimals": 18, "pharos": {"id": "susde-ethena", "grade": "B-", "score": 66, "weakestPillar": {"pillar": "exit", "score": 76.1}, "url": "https://pharos.watch/stablecoin/susde-ethena"}, "description": "sUSDe is the yield-bearing wrapper of USDe; its value versus USDe rises as basis-trade yield accrues, with USDe-tier delta-neutral risk. The static profile records its US Dollar peg mechanism as: Stake USDe to receive sUSDe; the exchange rate versus USDe rises as rewards are transferred into the staking contract, while unstaking burns sUSDe immediately and releases USDe after Ethena's documented 7-day cooldown", "mintRedeemDescription": "Pharos classifies sUSDe backing as Crypto-Collateralized. Collateral, per the static profile: USDe deposited into Ethena's ERC-4626 staking contract; the wrapper remains fully backed by USDe while additional USDe rewards accrue inside the vault Reserve evidence: live reserve feed configured."}, "0xad17da2f6ac76746ef261e835c50b2651ce36da8": {"symbol": "sUSDe", "name": "Ethena Staked USDe", "chain": "zksync", "decimals": 18, "pharos": {"id": "susde-ethena", "grade": "B-", "score": 66, "weakestPillar": {"pillar": "exit", "score": 76.1}, "url": "https://pharos.watch/stablecoin/susde-ethena"}, "description": "sUSDe is the yield-bearing wrapper of USDe; its value versus USDe rises as basis-trade yield accrues, with USDe-tier delta-neutral risk. The static profile records its US Dollar peg mechanism as: Stake USDe to receive sUSDe; the exchange rate versus USDe rises as rewards are transferred into the staking contract, while unstaking burns sUSDe immediately and releases USDe after Ethena's documented 7-day cooldown", "mintRedeemDescription": "Pharos classifies sUSDe backing as Crypto-Collateralized. Collateral, per the static profile: USDe deposited into Ethena's ERC-4626 staking contract; the wrapper remains fully backed by USDe while additional USDe rewards accrue inside the vault Reserve evidence: live reserve feed configured."}, "0x5875eee11cf8398102fdad704c9e96607675467a": {"symbol": "sUSDS", "name": "Sky Savings USDS", "chain": "base", "decimals": 18, "pharos": {"id": "susds-sky", "grade": "B+", "score": 75, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/susds-sky"}, "description": "sUSDS is the yield-bearing wrapper of Sky's USDS; the exchange rate compounds with the Sky Savings Rate, with USDS-tier CDP risk underneath. The static profile records its US Dollar peg mechanism as: Deposit USDS to mint sUSDS and withdraw USDS directly from the vault with no protocol fee; sUSDS and sDAI are both savings wrappers but are not exchangeable 1:1 because they have accrued different amounts of yield", "mintRedeemDescription": "Pharos classifies sUSDS backing as Crypto-Collateralized. Collateral, per the static profile: USDS deposited into Sky's ERC-4626 savings vault; the wrapper remains fully backed by USDS while the exchange rate compounds with the Sky Savings Rate Reserve evidence: live reserve feed configured."}, "0xb5b2dc7fd34c249f4be7fb1fcea07950784229e0": {"symbol": "sUSDS", "name": "Sky Savings USDS", "chain": "optimism", "decimals": 18, "pharos": {"id": "susds-sky", "grade": "B+", "score": 75, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/susds-sky"}, "description": "sUSDS is the yield-bearing wrapper of Sky's USDS; the exchange rate compounds with the Sky Savings Rate, with USDS-tier CDP risk underneath. The static profile records its US Dollar peg mechanism as: Deposit USDS to mint sUSDS and withdraw USDS directly from the vault with no protocol fee; sUSDS and sDAI are both savings wrappers but are not exchangeable 1:1 because they have accrued different amounts of yield", "mintRedeemDescription": "Pharos classifies sUSDS backing as Crypto-Collateralized. Collateral, per the static profile: USDS deposited into Sky's ERC-4626 savings vault; the wrapper remains fully backed by USDS while the exchange rate compounds with the Sky Savings Rate Reserve evidence: live reserve feed configured."}, "0xddb46999f8891663a8f2828d25298f70416d7610": {"symbol": "sUSDS", "name": "Sky Savings USDS", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "susds-sky", "grade": "B+", "score": 75, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/susds-sky"}, "description": "sUSDS is the yield-bearing wrapper of Sky's USDS; the exchange rate compounds with the Sky Savings Rate, with USDS-tier CDP risk underneath. The static profile records its US Dollar peg mechanism as: Deposit USDS to mint sUSDS and withdraw USDS directly from the vault with no protocol fee; sUSDS and sDAI are both savings wrappers but are not exchangeable 1:1 because they have accrued different amounts of yield", "mintRedeemDescription": "Pharos classifies sUSDS backing as Crypto-Collateralized. Collateral, per the static profile: USDS deposited into Sky's ERC-4626 savings vault; the wrapper remains fully backed by USDS while the exchange rate compounds with the Sky Savings Rate Reserve evidence: live reserve feed configured."}, "0x99ac4484e8a1dbd6a185380b3a811913ac884d87": {"symbol": "sDAI", "name": "Savings Dai", "chain": "base", "decimals": 18, "pharos": {"id": "sdai-sky", "grade": "B+", "score": 75, "weakestPillar": {"pillar": "backing", "score": 80.469862}, "url": "https://pharos.watch/stablecoin/sdai-sky"}, "description": "sDAI is MakerDAO/Sky's savings-rate wrapper of DAI; deposit DAI, accrue the Dai Savings Rate through a rising exchange rate, with DAI-tier CDP risk underneath. The static profile records its US Dollar peg mechanism as: Deposit DAI to mint sDAI and redeem sDAI for the current convertToAssets amount of DAI; the share price rises as DSR accrues, and Spark's savings front-end documents withdrawals without slippage or platform fees", "mintRedeemDescription": "Pharos classifies sDAI backing as Crypto-Collateralized. Collateral, per the static profile: DAI deposited into the sDAI savings vault; the wrapper remains fully backed by DAI while the exchange rate compounds with the Dai Savings Rate Reserve evidence: live reserve feed configured."}, "0x2218a117083f5b482b0bb821d27056ba9c04b1d3": {"symbol": "sDAI", "name": "Savings Dai", "chain": "optimism", "decimals": 18, "pharos": {"id": "sdai-sky", "grade": "B+", "score": 75, "weakestPillar": {"pillar": "backing", "score": 80.469862}, "url": "https://pharos.watch/stablecoin/sdai-sky"}, "description": "sDAI is MakerDAO/Sky's savings-rate wrapper of DAI; deposit DAI, accrue the Dai Savings Rate through a rising exchange rate, with DAI-tier CDP risk underneath. The static profile records its US Dollar peg mechanism as: Deposit DAI to mint sDAI and redeem sDAI for the current convertToAssets amount of DAI; the share price rises as DSR accrues, and Spark's savings front-end documents withdrawals without slippage or platform fees", "mintRedeemDescription": "Pharos classifies sDAI backing as Crypto-Collateralized. Collateral, per the static profile: DAI deposited into the sDAI savings vault; the wrapper remains fully backed by DAI while the exchange rate compounds with the Dai Savings Rate Reserve evidence: live reserve feed configured."}, "0x14d72634328c4d03bba184a48081df65f1911279": {"symbol": "VBILL", "name": "VanEck Treasury Fund", "chain": "bsc", "decimals": 6, "pharos": {"id": "vbill-vaneck", "grade": "C", "score": 56, "weakestPillar": {"pillar": "exit", "score": 48.32}, "url": "https://pharos.watch/stablecoin/vbill-vaneck"}, "description": "VBILL is VanEck's tokenized T-bill share advised by Van Eck Absolute Return Advisers and administered via Securitize/State Street. The static profile records its US Dollar peg mechanism as: Institutional T-bill fund token that seeks a stable $1.00 NAV per share; yield accrues daily and is distributed as new tokens issued to holders. Instant mint and redemption at NAV through Securitize Markets against USDC, AUSD, or USD...", "mintRedeemDescription": "Pharos classifies VBILL backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury bills and repurchase agreements collateralized by U.S. Treasury obligations, held by a BVI Professional Fund advised by Van Eck Absolute Return Advisers; State Street Bank and Trust Company is custodian... Reserve evidence: Self-Reported PoR from Securitize / Van Eck Associates (daily NAV and holdings disclosures)."}, "0x2255718832bc9fd3be1caf75084f4803da14ff01": {"symbol": "VBILL", "name": "VanEck Treasury Fund", "chain": "ethereum", "decimals": 6, "pharos": {"id": "vbill-vaneck", "grade": "C", "score": 56, "weakestPillar": {"pillar": "exit", "score": 48.32}, "url": "https://pharos.watch/stablecoin/vbill-vaneck"}, "description": "VBILL is VanEck's tokenized T-bill share advised by Van Eck Absolute Return Advisers and administered via Securitize/State Street. The static profile records its US Dollar peg mechanism as: Institutional T-bill fund token that seeks a stable $1.00 NAV per share; yield accrues daily and is distributed as new tokens issued to holders. Instant mint and redemption at NAV through Securitize Markets against USDC, AUSD, or USD...", "mintRedeemDescription": "Pharos classifies VBILL backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury bills and repurchase agreements collateralized by U.S. Treasury obligations, held by a BVI Professional Fund advised by Van Eck Absolute Return Advisers; State Street Bank and Trust Company is custodian... Reserve evidence: Self-Reported PoR from Securitize / Van Eck Associates (daily NAV and holdings disclosures)."}, "0x7c64925002bfa705834b118a923e9911bee32875": {"symbol": "ACRED", "name": "Apollo Diversified Credit Securitize Fund", "chain": "avalanche", "decimals": 6, "pharos": {"id": "acred-apollo-securitize", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 33.37}, "url": "https://pharos.watch/stablecoin/acred-apollo-securitize"}, "description": "ACRED is a tokenized, NAV-accreting feeder share into Apollo's diversified private credit fund, administered by Securitize for qualified purchasers. The static profile records its US Dollar peg mechanism as: NAV-accreting ERC-4626 fund share token; subscription and redemption are institutional-only at fund NAV through Securitize Markets, with quarterly repurchase offers of at least 5% of shares plus on-demand liquidity-pool or...", "mintRedeemDescription": "Pharos classifies ACRED backing as Real-World Asset Backed. Collateral, per the static profile: Feeder share into Apollo Diversified Credit Fund, a multi-strategy private credit portfolio including direct lending, structured credit, performing credit, and dislocated credit; administered by Securitize Reserve evidence: Self-Reported PoR from Securitize / Apollo (NAV statements published per fund cadence)."}, "0x53ad50d3b6fcacb8965d3a49cb722917c7dae1f3": {"symbol": "ACRED", "name": "Apollo Diversified Credit Securitize Fund", "chain": "ink", "decimals": 6, "pharos": {"id": "acred-apollo-securitize", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 33.37}, "url": "https://pharos.watch/stablecoin/acred-apollo-securitize"}, "description": "ACRED is a tokenized, NAV-accreting feeder share into Apollo's diversified private credit fund, administered by Securitize for qualified purchasers. The static profile records its US Dollar peg mechanism as: NAV-accreting ERC-4626 fund share token; subscription and redemption are institutional-only at fund NAV through Securitize Markets, with quarterly repurchase offers of at least 5% of shares plus on-demand liquidity-pool or...", "mintRedeemDescription": "Pharos classifies ACRED backing as Real-World Asset Backed. Collateral, per the static profile: Feeder share into Apollo Diversified Credit Fund, a multi-strategy private credit portfolio including direct lending, structured credit, performing credit, and dislocated credit; administered by Securitize Reserve evidence: Self-Reported PoR from Securitize / Apollo (NAV statements published per fund cadence)."}, "0xfce60bbc52a5705cec5b445501fbaf3274dc43d0": {"symbol": "ACRED", "name": "Apollo Diversified Credit Securitize Fund", "chain": "polygon", "decimals": 6, "pharos": {"id": "acred-apollo-securitize", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 33.37}, "url": "https://pharos.watch/stablecoin/acred-apollo-securitize"}, "description": "ACRED is a tokenized, NAV-accreting feeder share into Apollo's diversified private credit fund, administered by Securitize for qualified purchasers. The static profile records its US Dollar peg mechanism as: NAV-accreting ERC-4626 fund share token; subscription and redemption are institutional-only at fund NAV through Securitize Markets, with quarterly repurchase offers of at least 5% of shares plus on-demand liquidity-pool or...", "mintRedeemDescription": "Pharos classifies ACRED backing as Real-World Asset Backed. Collateral, per the static profile: Feeder share into Apollo Diversified Credit Fund, a multi-strategy private credit portfolio including direct lending, structured credit, performing credit, and dislocated credit; administered by Securitize Reserve evidence: Self-Reported PoR from Securitize / Apollo (NAV statements published per fund cadence)."}, "0x58f93d6b1ef2f44ec379cb975657c132cbed3b6b": {"symbol": "JAAA", "name": "Janus Henderson Anemoy AAA CLO Fund", "chain": "bsc", "decimals": 6, "pharos": {"id": "jaaa-janus-henderson-anemoy", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/jaaa-janus-henderson-anemoy"}, "description": "JAAA is Janus Henderson's actively managed AAA CLO fund, tokenized through Anemoy/Centrifuge as a permissioned NAV-accreting fund share rather than a $1 token. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share rather than a fixed $1 token; subscriptions and redemptions are processed through permissioned Anemoy / Centrifuge primary-market rails at fund NAV.", "mintRedeemDescription": "Pharos classifies JAAA backing as Real-World Asset Backed. Collateral, per the static profile: Actively managed AAA-rated CLO tranche portfolio selected by Janus Henderson and tokenized through Anemoy / Centrifuge fund rails. Reserve evidence: Real-Time PoR from Chainlink NAVLink / Centrifuge."}, "0xad48f183e586e92a591a610397ebf534609df797": {"symbol": "JAAA", "name": "Janus Henderson Anemoy AAA CLO Fund", "chain": "monad", "decimals": 6, "pharos": {"id": "jaaa-janus-henderson-anemoy", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 48.82}, "url": "https://pharos.watch/stablecoin/jaaa-janus-henderson-anemoy"}, "description": "JAAA is Janus Henderson's actively managed AAA CLO fund, tokenized through Anemoy/Centrifuge as a permissioned NAV-accreting fund share rather than a $1 token. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share rather than a fixed $1 token; subscriptions and redemptions are processed through permissioned Anemoy / Centrifuge primary-market rails at fund NAV.", "mintRedeemDescription": "Pharos classifies JAAA backing as Real-World Asset Backed. Collateral, per the static profile: Actively managed AAA-rated CLO tranche portfolio selected by Janus Henderson and tokenized through Anemoy / Centrifuge fund rails. Reserve evidence: Real-Time PoR from Chainlink NAVLink / Centrifuge."}, "0x2fabf1c784b8583d63c00c5c9c0377d8cf1a3245": {"symbol": "ACRDX", "name": "Anemoy Tokenized Apollo Diversified Credit Fund", "chain": "monad", "decimals": 18, "pharos": {"id": "acrdx-anemoy-apollo", "grade": "D", "score": 47, "weakestPillar": {"pillar": "exit", "score": 32.02}, "url": "https://pharos.watch/stablecoin/acrdx-anemoy-apollo"}, "description": "ACRDX is a permissioned, NAV-accreting share token from Anemoy and Centrifuge giving on-chain access to Apollo's diversified private credit strategy. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share rather than a fixed $1 token; primary subscriptions and redemptions are permissioned at fund NAV.", "mintRedeemDescription": "Pharos classifies ACRDX backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized feeder exposure to Apollo Diversified Credit Fund through the Anemoy Tokenized Apollo Diversified Credit Fund Segregated Portfolio, investing across corporate direct lending, asset-backed lending, performing credit, and... Reserve evidence: Real-Time PoR from Chronicle Proof of Asset."}, "0xda2ffa104356688e74d9340519b8c17f00d7752e": {"symbol": "HLSCOPE", "name": "Hamilton Lane Senior Credit Opportunities Securitize Fund", "chain": "ethereum", "decimals": 6, "pharos": {"id": "hlscope-hamilton-lane", "grade": "F", "score": 34, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/hlscope-hamilton-lane"}, "description": "HLSCOPE is Hamilton Lane's SCOPE senior secured private-credit fund tokenized via Securitize for qualified purchasers, priced at NAV rather than $1. The static profile records its US Dollar peg mechanism as: NAV-accreting tokenized feeder-fund share rather than a fixed $1 peg; qualified purchasers access monthly subscriptions and on-demand redemptions at the previous quarter's NAV per share through Securitize's digital process.", "mintRedeemDescription": "Pharos classifies HLSCOPE backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized feeder exposure to Hamilton Lane Senior Credit Opportunities Fund (SCOPE), targeting floating-rate senior secured loans to private borrowers in sectors such as healthcare, information technology, and business services. Reserve evidence: curated reserve profile."}, "0x720f86f4b5b5d5d0ea3e5718ec43071d4d05134b": {"symbol": "HLSCOPE", "name": "Hamilton Lane Senior Credit Opportunities Securitize Fund", "chain": "optimism", "decimals": 6, "pharos": {"id": "hlscope-hamilton-lane", "grade": "F", "score": 34, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/hlscope-hamilton-lane"}, "description": "HLSCOPE is Hamilton Lane's SCOPE senior secured private-credit fund tokenized via Securitize for qualified purchasers, priced at NAV rather than $1. The static profile records its US Dollar peg mechanism as: NAV-accreting tokenized feeder-fund share rather than a fixed $1 peg; qualified purchasers access monthly subscriptions and on-demand redemptions at the previous quarter's NAV per share through Securitize's digital process.", "mintRedeemDescription": "Pharos classifies HLSCOPE backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized feeder exposure to Hamilton Lane Senior Credit Opportunities Fund (SCOPE), targeting floating-rate senior secured loans to private borrowers in sectors such as healthcare, information technology, and business services. Reserve evidence: curated reserve profile."}, "0x175c2abf6ddb7401c4aaa669cabdc55e7a5e172a": {"symbol": "HLSCOPE", "name": "Hamilton Lane Senior Credit Opportunities Securitize Fund", "chain": "plume", "decimals": 6, "pharos": {"id": "hlscope-hamilton-lane", "grade": "F", "score": 34, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/hlscope-hamilton-lane"}, "description": "HLSCOPE is Hamilton Lane's SCOPE senior secured private-credit fund tokenized via Securitize for qualified purchasers, priced at NAV rather than $1. The static profile records its US Dollar peg mechanism as: NAV-accreting tokenized feeder-fund share rather than a fixed $1 peg; qualified purchasers access monthly subscriptions and on-demand redemptions at the previous quarter's NAV per share through Securitize's digital process.", "mintRedeemDescription": "Pharos classifies HLSCOPE backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized feeder exposure to Hamilton Lane Senior Credit Opportunities Fund (SCOPE), targeting floating-rate senior secured loans to private borrowers in sectors such as healthcare, information technology, and business services. Reserve evidence: curated reserve profile."}, "0x8ba9da757d1d66c58b1ae7e2ed6c04087348a82d": {"symbol": "sUSDD", "name": "Savings USDD", "chain": "bsc", "decimals": 18, "pharos": {"id": "susdd-tron-dao-reserve", "grade": "F", "score": 37, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/susdd-tron-dao-reserve"}, "description": "sUSDD is the TRON DAO Reserve's savings wrapper of USDD; share price accrues savings yield while final par exit inherits USDD's PSM and reserve mechanics. The static profile records its US Dollar peg mechanism as: Users deposit USDD to receive sUSDD, whose value appreciates versus USDD as savings yield accrues; final par exit inherits USDD's PSM and reserve mechanics", "mintRedeemDescription": "Pharos classifies sUSDD backing as Crypto-Collateralized. Collateral, per the static profile: USDD deposited into the USDD savings system; sUSDD remains economically backed by USDD while savings yield accrues through the wrapper exchange rate Reserve evidence: Self-Reported PoR."}, "0xca78ee4544ec5a33af86f1e786efc7d3652bf005": {"symbol": "sDOLA", "name": "Inverse Staked DOLA", "chain": "base", "decimals": 18, "pharos": {"id": "sdola-inverse-finance", "grade": "C", "score": 58, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/sdola-inverse-finance"}, "description": "sDOLA is Inverse Finance's ERC-4626 DOLA savings wrapper, compounding FiRM lending revenue into a rising DOLA exchange rate. The static profile records its US Dollar peg mechanism as: Deposit DOLA to mint sDOLA at the current vault exchange rate; the DOLA:sDOLA exchange rate rises as FiRM lending revenue is converted into DOLA, and holders can unwrap back to DOLA without a lock-up", "mintRedeemDescription": "Pharos classifies sDOLA backing as Crypto-Collateralized. Collateral, per the static profile: DOLA deposited into Inverse Finance's ERC-4626 sDOLA wrapper around the DOLA Savings Account; DOLA remains in the smart contract while FiRM DBR revenue is auctioned into DOLA and distributed through the exchange rate Reserve evidence: live reserve feed configured."}, "0xfc63c9c8ba44ae89c01265453ed4f427c80cbd4e": {"symbol": "sDOLA", "name": "Inverse Staked DOLA", "chain": "optimism", "decimals": 18, "pharos": {"id": "sdola-inverse-finance", "grade": "C", "score": 58, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/sdola-inverse-finance"}, "description": "sDOLA is Inverse Finance's ERC-4626 DOLA savings wrapper, compounding FiRM lending revenue into a rising DOLA exchange rate. The static profile records its US Dollar peg mechanism as: Deposit DOLA to mint sDOLA at the current vault exchange rate; the DOLA:sDOLA exchange rate rises as FiRM lending revenue is converted into DOLA, and holders can unwrap back to DOLA without a lock-up", "mintRedeemDescription": "Pharos classifies sDOLA backing as Crypto-Collateralized. Collateral, per the static profile: DOLA deposited into Inverse Finance's ERC-4626 sDOLA wrapper around the DOLA Savings Account; DOLA remains in the smart contract while FiRM DBR revenue is auctioned into DOLA and distributed through the exchange rate Reserve evidence: live reserve feed configured."}, "0x7a1e123e41458aabab8068bfed6010d8f9480898": {"symbol": "sDOLA", "name": "Inverse Staked DOLA", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "sdola-inverse-finance", "grade": "C", "score": 58, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/sdola-inverse-finance"}, "description": "sDOLA is Inverse Finance's ERC-4626 DOLA savings wrapper, compounding FiRM lending revenue into a rising DOLA exchange rate. The static profile records its US Dollar peg mechanism as: Deposit DOLA to mint sDOLA at the current vault exchange rate; the DOLA:sDOLA exchange rate rises as FiRM lending revenue is converted into DOLA, and holders can unwrap back to DOLA without a lock-up", "mintRedeemDescription": "Pharos classifies sDOLA backing as Crypto-Collateralized. Collateral, per the static profile: DOLA deposited into Inverse Finance's ERC-4626 sDOLA wrapper around the DOLA Savings Account; DOLA remains in the smart contract while FiRM DBR revenue is auctioned into DOLA and distributed through the exchange rate Reserve evidence: live reserve feed configured."}, "0x02eaa69646183c069fc2b64f15923f27b9cf3b03": {"symbol": "sDOLA", "name": "Inverse Staked DOLA", "chain": "berachain", "decimals": 18, "pharos": {"id": "sdola-inverse-finance", "grade": "C", "score": 58, "weakestPillar": {"pillar": "backing", "score": 62.4722608}, "url": "https://pharos.watch/stablecoin/sdola-inverse-finance"}, "description": "sDOLA is Inverse Finance's ERC-4626 DOLA savings wrapper, compounding FiRM lending revenue into a rising DOLA exchange rate. The static profile records its US Dollar peg mechanism as: Deposit DOLA to mint sDOLA at the current vault exchange rate; the DOLA:sDOLA exchange rate rises as FiRM lending revenue is converted into DOLA, and holders can unwrap back to DOLA without a lock-up", "mintRedeemDescription": "Pharos classifies sDOLA backing as Crypto-Collateralized. Collateral, per the static profile: DOLA deposited into Inverse Finance's ERC-4626 sDOLA wrapper around the DOLA Savings Account; DOLA remains in the smart contract while FiRM DBR revenue is auctioned into DOLA and distributed through the exchange rate Reserve evidence: live reserve feed configured."}, "0x4ed141110f6eeeaba9a1df36d8c26f684d2475dc": {"symbol": "BRZ", "name": "Brazilian Digital", "chain": "polygon", "decimals": 18, "pharos": {"id": "brz-transfero", "grade": "F", "score": 26, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/brz-transfero"}, "description": "BRZ is Transfero's centralized Brazilian real stablecoin, redeemable 1:1 by KYC'd users against BRL cash held at a regulated Brazilian institution. The static profile records its Brazilian Real peg mechanism as: 1:1 mint and redemption at Transfero for BRL; KYC verification required; redemption incurs a 1% fee in Brazil", "mintRedeemDescription": "Pharos classifies BRZ backing as Real-World Asset Backed. Collateral, per the static profile: Brazilian real (BRL) cash reserves held at a financial institution authorized by the Central Bank of Brazil Reserve evidence: Self-Reported PoR from Transfero BRZ reserve disclosure."}, "0x71be881e9c5d4465b3fff61e89c6f3651e69b5bb": {"symbol": "BRZ", "name": "Brazilian Digital", "chain": "bsc", "decimals": 4, "pharos": {"id": "brz-transfero", "grade": "F", "score": 26, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/brz-transfero"}, "description": "BRZ is Transfero's centralized Brazilian real stablecoin, redeemable 1:1 by KYC'd users against BRL cash held at a regulated Brazilian institution. The static profile records its Brazilian Real peg mechanism as: 1:1 mint and redemption at Transfero for BRL; KYC verification required; redemption incurs a 1% fee in Brazil", "mintRedeemDescription": "Pharos classifies BRZ backing as Real-World Asset Backed. Collateral, per the static profile: Brazilian real (BRL) cash reserves held at a financial institution authorized by the Central Bank of Brazil Reserve evidence: Self-Reported PoR from Transfero BRZ reserve disclosure."}, "0x0a06c8354a6cc1a07549a38701eac205942e3ac6": {"symbol": "BRZ", "name": "Brazilian Digital", "chain": "gnosis", "decimals": 18, "pharos": {"id": "brz-transfero", "grade": "F", "score": 26, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/brz-transfero"}, "description": "BRZ is Transfero's centralized Brazilian real stablecoin, redeemable 1:1 by KYC'd users against BRL cash held at a regulated Brazilian institution. The static profile records its Brazilian Real peg mechanism as: 1:1 mint and redemption at Transfero for BRL; KYC verification required; redemption incurs a 1% fee in Brazil", "mintRedeemDescription": "Pharos classifies BRZ backing as Real-World Asset Backed. Collateral, per the static profile: Brazilian real (BRL) cash reserves held at a financial institution authorized by the Central Bank of Brazil Reserve evidence: Self-Reported PoR from Transfero BRZ reserve disclosure."}, "0xe9185ee218cae427af7b9764a011bb89fea761b4": {"symbol": "BRZ", "name": "Brazilian Digital", "chain": "base", "decimals": 18, "pharos": {"id": "brz-transfero", "grade": "F", "score": 26, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/brz-transfero"}, "description": "BRZ is Transfero's centralized Brazilian real stablecoin, redeemable 1:1 by KYC'd users against BRL cash held at a regulated Brazilian institution. The static profile records its Brazilian Real peg mechanism as: 1:1 mint and redemption at Transfero for BRL; KYC verification required; redemption incurs a 1% fee in Brazil", "mintRedeemDescription": "Pharos classifies BRZ backing as Real-World Asset Backed. Collateral, per the static profile: Brazilian real (BRL) cash reserves held at a financial institution authorized by the Central Bank of Brazil Reserve evidence: Self-Reported PoR from Transfero BRZ reserve disclosure."}, "0xa8940698fda5a07abaef4a5ccdf2f1bb525b47a2": {"symbol": "BRZ", "name": "Brazilian Digital", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "brz-transfero", "grade": "F", "score": 26, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/brz-transfero"}, "description": "BRZ is Transfero's centralized Brazilian real stablecoin, redeemable 1:1 by KYC'd users against BRL cash held at a regulated Brazilian institution. The static profile records its Brazilian Real peg mechanism as: 1:1 mint and redemption at Transfero for BRL; KYC verification required; redemption incurs a 1% fee in Brazil", "mintRedeemDescription": "Pharos classifies BRZ backing as Real-World Asset Backed. Collateral, per the static profile: Brazilian real (BRL) cash reserves held at a financial institution authorized by the Central Bank of Brazil Reserve evidence: Self-Reported PoR from Transfero BRZ reserve disclosure."}, "0x491a4eb4f1fc3bff8e1d2fc856a6a46663ad556f": {"symbol": "BRZ", "name": "Brazilian Digital", "chain": "avalanche", "decimals": 4, "pharos": {"id": "brz-transfero", "grade": "F", "score": 26, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/brz-transfero"}, "description": "BRZ is Transfero's centralized Brazilian real stablecoin, redeemable 1:1 by KYC'd users against BRL cash held at a regulated Brazilian institution. The static profile records its Brazilian Real peg mechanism as: 1:1 mint and redemption at Transfero for BRL; KYC verification required; redemption incurs a 1% fee in Brazil", "mintRedeemDescription": "Pharos classifies BRZ backing as Real-World Asset Backed. Collateral, per the static profile: Brazilian real (BRL) cash reserves held at a financial institution authorized by the Central Bank of Brazil Reserve evidence: Self-Reported PoR from Transfero BRZ reserve disclosure."}, "0xfc00000000000000000000000000000000000008": {"symbol": "sfrxUSD", "name": "Staked Frax USD", "chain": "fraxtal", "decimals": 18, "pharos": {"id": "sfrxusd-frax", "grade": "C", "score": 55, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/sfrxusd-frax"}, "description": "sfrxUSD is Frax's staking wrapper of frxUSD; the exchange rate compounds with custodian and protocol yield, with frxUSD-tier T-bill custodial backing. The static profile records its US Dollar peg mechanism as: Deposit frxUSD to mint sfrxUSD and redeem sfrxUSD for the current convertToAssets amount of frxUSD; the share price rises as Frax routes frxUSD yield to the staking vault", "mintRedeemDescription": "Pharos classifies sfrxUSD backing as Real-World Asset Backed. Collateral, per the static profile: frxUSD deposited into Frax's savings vault; the wrapper remains fully backed by frxUSD while protocol income and custodian yield accrue through the vault exchange rate Reserve evidence: live reserve feed configured."}, "0x5bff88ca1442c2496f7e475e9e7786383bc070c0": {"symbol": "sfrxUSD", "name": "Staked Frax USD", "chain": "sei", "decimals": 18, "pharos": {"id": "sfrxusd-frax", "grade": "C", "score": 55, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/sfrxusd-frax"}, "description": "sfrxUSD is Frax's staking wrapper of frxUSD; the exchange rate compounds with custodian and protocol yield, with frxUSD-tier T-bill custodial backing. The static profile records its US Dollar peg mechanism as: Deposit frxUSD to mint sfrxUSD and redeem sfrxUSD for the current convertToAssets amount of frxUSD; the share price rises as Frax routes frxUSD yield to the staking vault", "mintRedeemDescription": "Pharos classifies sfrxUSD backing as Real-World Asset Backed. Collateral, per the static profile: frxUSD deposited into Frax's savings vault; the wrapper remains fully backed by frxUSD while protocol income and custodian yield accrue through the vault exchange rate Reserve evidence: live reserve feed configured."}, "0xb8d89678e75a973e74698c976716308abb8a46a4": {"symbol": "savUSD", "name": "Avant Staked USD", "chain": "ethereum", "decimals": 18, "pharos": {"id": "savusd-avant", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/savusd-avant"}, "description": "savUSD is Avant's yield-bearing wrapper of avUSD; share price compounds with delta-neutral strategy yield, exits inherit avUSD's USDC redemption. The static profile records its US Dollar peg mechanism as: Stake avUSD to receive savUSD; the savUSD/avUSD exchange rate compounds as strategy yield accrues. Unstaking savUSD to avUSD has a 1-day cooldown during which no yield is earned; the final USDC exit inherits Avant's 1:1 avUSD redemption...", "mintRedeemDescription": "Pharos classifies savUSD backing as Crypto-Collateralized. Collateral, per the static profile: avUSD staked into Avant's savings vault as the yield-bearing Senior Tranche; yield is sourced from Avant's actively managed delta-neutral / market-neutral strategies (basis trades, lending-rate arbitrage, yield trading), with portfolio... Reserve evidence: Real-Time PoR from Pennyworks (weekly NAV) + published on-chain Reserve Fund / strategy wallets."}, "0x5c247948fd58bb02b6c4678d9940f5e6b9af1127": {"symbol": "savUSD", "name": "Avant Staked USD", "chain": "linea", "decimals": 18, "pharos": {"id": "savusd-avant", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/savusd-avant"}, "description": "savUSD is Avant's yield-bearing wrapper of avUSD; share price compounds with delta-neutral strategy yield, exits inherit avUSD's USDC redemption. The static profile records its US Dollar peg mechanism as: Stake avUSD to receive savUSD; the savUSD/avUSD exchange rate compounds as strategy yield accrues. Unstaking savUSD to avUSD has a 1-day cooldown during which no yield is earned; the final USDC exit inherits Avant's 1:1 avUSD redemption...", "mintRedeemDescription": "Pharos classifies savUSD backing as Crypto-Collateralized. Collateral, per the static profile: avUSD staked into Avant's savings vault as the yield-bearing Senior Tranche; yield is sourced from Avant's actively managed delta-neutral / market-neutral strategies (basis trades, lending-rate arbitrage, yield trading), with portfolio... Reserve evidence: Real-Time PoR from Pennyworks (weekly NAV) + published on-chain Reserve Fund / strategy wallets."}, "0xa29420057f3e3b9512d4786df135da1674bd74d4": {"symbol": "savUSD", "name": "Avant Staked USD", "chain": "plasma", "decimals": 18, "pharos": {"id": "savusd-avant", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/savusd-avant"}, "description": "savUSD is Avant's yield-bearing wrapper of avUSD; share price compounds with delta-neutral strategy yield, exits inherit avUSD's USDC redemption. The static profile records its US Dollar peg mechanism as: Stake avUSD to receive savUSD; the savUSD/avUSD exchange rate compounds as strategy yield accrues. Unstaking savUSD to avUSD has a 1-day cooldown during which no yield is earned; the final USDC exit inherits Avant's 1:1 avUSD redemption...", "mintRedeemDescription": "Pharos classifies savUSD backing as Crypto-Collateralized. Collateral, per the static profile: avUSD staked into Avant's savings vault as the yield-bearing Senior Tranche; yield is sourced from Avant's actively managed delta-neutral / market-neutral strategies (basis trades, lending-rate arbitrage, yield trading), with portfolio... Reserve evidence: Real-Time PoR from Pennyworks (weekly NAV) + published on-chain Reserve Fund / strategy wallets."}, "0xa744fe3688291ac3a4a7ec917678783ad9946a1e": {"symbol": "savUSD", "name": "Avant Staked USD", "chain": "berachain", "decimals": 18, "pharos": {"id": "savusd-avant", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/savusd-avant"}, "description": "savUSD is Avant's yield-bearing wrapper of avUSD; share price compounds with delta-neutral strategy yield, exits inherit avUSD's USDC redemption. The static profile records its US Dollar peg mechanism as: Stake avUSD to receive savUSD; the savUSD/avUSD exchange rate compounds as strategy yield accrues. Unstaking savUSD to avUSD has a 1-day cooldown during which no yield is earned; the final USDC exit inherits Avant's 1:1 avUSD redemption...", "mintRedeemDescription": "Pharos classifies savUSD backing as Crypto-Collateralized. Collateral, per the static profile: avUSD staked into Avant's savings vault as the yield-bearing Senior Tranche; yield is sourced from Avant's actively managed delta-neutral / market-neutral strategies (basis trades, lending-rate arbitrage, yield trading), with portfolio... Reserve evidence: Real-Time PoR from Pennyworks (weekly NAV) + published on-chain Reserve Fund / strategy wallets."}, "0x14063733875204b35d20d5fc52c7b5569ad00335": {"symbol": "savUSD", "name": "Avant Staked USD", "chain": "bsc", "decimals": 18, "pharos": {"id": "savusd-avant", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/savusd-avant"}, "description": "savUSD is Avant's yield-bearing wrapper of avUSD; share price compounds with delta-neutral strategy yield, exits inherit avUSD's USDC redemption. The static profile records its US Dollar peg mechanism as: Stake avUSD to receive savUSD; the savUSD/avUSD exchange rate compounds as strategy yield accrues. Unstaking savUSD to avUSD has a 1-day cooldown during which no yield is earned; the final USDC exit inherits Avant's 1:1 avUSD redemption...", "mintRedeemDescription": "Pharos classifies savUSD backing as Crypto-Collateralized. Collateral, per the static profile: avUSD staked into Avant's savings vault as the yield-bearing Senior Tranche; yield is sourced from Avant's actively managed delta-neutral / market-neutral strategies (basis trades, lending-rate arbitrage, yield trading), with portfolio... Reserve evidence: Real-Time PoR from Pennyworks (weekly NAV) + published on-chain Reserve Fund / strategy wallets."}, "0x9648db94f1e6b19e7d755585542981f97dc806c6": {"symbol": "savUSD", "name": "Avant Staked USD", "chain": "monad", "decimals": 18, "pharos": {"id": "savusd-avant", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/savusd-avant"}, "description": "savUSD is Avant's yield-bearing wrapper of avUSD; share price compounds with delta-neutral strategy yield, exits inherit avUSD's USDC redemption. The static profile records its US Dollar peg mechanism as: Stake avUSD to receive savUSD; the savUSD/avUSD exchange rate compounds as strategy yield accrues. Unstaking savUSD to avUSD has a 1-day cooldown during which no yield is earned; the final USDC exit inherits Avant's 1:1 avUSD redemption...", "mintRedeemDescription": "Pharos classifies savUSD backing as Crypto-Collateralized. Collateral, per the static profile: avUSD staked into Avant's savings vault as the yield-bearing Senior Tranche; yield is sourced from Avant's actively managed delta-neutral / market-neutral strategies (basis trades, lending-rate arbitrage, yield trading), with portfolio... Reserve evidence: Real-Time PoR from Pennyworks (weekly NAV) + published on-chain Reserve Fund / strategy wallets."}, "0xb9827268ebcc4ea7b105cfc787a92c612629a3f1": {"symbol": "savUSD", "name": "Avant Staked USD", "chain": "katana", "decimals": 18, "pharos": {"id": "savusd-avant", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/savusd-avant"}, "description": "savUSD is Avant's yield-bearing wrapper of avUSD; share price compounds with delta-neutral strategy yield, exits inherit avUSD's USDC redemption. The static profile records its US Dollar peg mechanism as: Stake avUSD to receive savUSD; the savUSD/avUSD exchange rate compounds as strategy yield accrues. Unstaking savUSD to avUSD has a 1-day cooldown during which no yield is earned; the final USDC exit inherits Avant's 1:1 avUSD redemption...", "mintRedeemDescription": "Pharos classifies savUSD backing as Crypto-Collateralized. Collateral, per the static profile: avUSD staked into Avant's savings vault as the yield-bearing Senior Tranche; yield is sourced from Avant's actively managed delta-neutral / market-neutral strategies (basis trades, lending-rate arbitrage, yield trading), with portfolio... Reserve evidence: Real-Time PoR from Pennyworks (weekly NAV) + published on-chain Reserve Fund / strategy wallets."}, "0x68fe7f83ba331e32d9fa3def98a5538176635339": {"symbol": "savUSD", "name": "Avant Staked USD", "chain": "megaeth", "decimals": 18, "pharos": {"id": "savusd-avant", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/savusd-avant"}, "description": "savUSD is Avant's yield-bearing wrapper of avUSD; share price compounds with delta-neutral strategy yield, exits inherit avUSD's USDC redemption. The static profile records its US Dollar peg mechanism as: Stake avUSD to receive savUSD; the savUSD/avUSD exchange rate compounds as strategy yield accrues. Unstaking savUSD to avUSD has a 1-day cooldown during which no yield is earned; the final USDC exit inherits Avant's 1:1 avUSD redemption...", "mintRedeemDescription": "Pharos classifies savUSD backing as Crypto-Collateralized. Collateral, per the static profile: avUSD staked into Avant's savings vault as the yield-bearing Senior Tranche; yield is sourced from Avant's actively managed delta-neutral / market-neutral strategies (basis trades, lending-rate arbitrage, yield trading), with portfolio... Reserve evidence: Real-Time PoR from Pennyworks (weekly NAV) + published on-chain Reserve Fund / strategy wallets."}, "0xd84a49df125f6744018518117fe59a86d39eae75": {"symbol": "savUSD", "name": "Avant Staked USD", "chain": "sei", "decimals": 18, "pharos": {"id": "savusd-avant", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "backing", "score": 52.5}, "url": "https://pharos.watch/stablecoin/savusd-avant"}, "description": "savUSD is Avant's yield-bearing wrapper of avUSD; share price compounds with delta-neutral strategy yield, exits inherit avUSD's USDC redemption. The static profile records its US Dollar peg mechanism as: Stake avUSD to receive savUSD; the savUSD/avUSD exchange rate compounds as strategy yield accrues. Unstaking savUSD to avUSD has a 1-day cooldown during which no yield is earned; the final USDC exit inherits Avant's 1:1 avUSD redemption...", "mintRedeemDescription": "Pharos classifies savUSD backing as Crypto-Collateralized. Collateral, per the static profile: avUSD staked into Avant's savings vault as the yield-bearing Senior Tranche; yield is sourced from Avant's actively managed delta-neutral / market-neutral strategies (basis trades, lending-rate arbitrage, yield trading), with portfolio... Reserve evidence: Real-Time PoR from Pennyworks (weekly NAV) + published on-chain Reserve Fund / strategy wallets."}, "0x83db73ef5192de4b6a4c92bd0141ba1a0dc87c65": {"symbol": "cUSDO", "name": "Compounding OpenDollar", "chain": "base", "decimals": 18, "pharos": {"id": "cusdo-openeden", "grade": "D", "score": 45, "weakestPillar": {"pillar": "backing", "score": 46.05641409}, "url": "https://pharos.watch/stablecoin/cusdo-openeden"}, "description": "cUSDO is OpenEden's non-rebasing wrapper of USDO that compounds T-Bill yield through price appreciation rather than balance changes. The static profile records its US Dollar peg mechanism as: Users can wrap USDO into cUSDO or unwrap cUSDO back into USDO at any time; unlike rebasing USDO, cUSDO compounds by increasing in redeemable USDO per token", "mintRedeemDescription": "Pharos classifies cUSDO backing as Real-World Asset Backed. Collateral, per the static profile: USDO wrapped into OpenEden's non-rebasing cUSDO format; the wrapper holds USDO, which is backed by tokenized U.S. Treasury Bills (primarily OpenEden TBILL and BlackRock BUIDL tokens) held by OpenEden Digital (OED) at 100%... Reserve evidence: live reserve feed configured."}, "0x64748ea3e31d0b7916f0ff91b017b9f404ded8ef": {"symbol": "cUSDO", "name": "Compounding OpenDollar", "chain": "bsc", "decimals": 18, "pharos": {"id": "cusdo-openeden", "grade": "D", "score": 45, "weakestPillar": {"pillar": "backing", "score": 46.05641409}, "url": "https://pharos.watch/stablecoin/cusdo-openeden"}, "description": "cUSDO is OpenEden's non-rebasing wrapper of USDO that compounds T-Bill yield through price appreciation rather than balance changes. The static profile records its US Dollar peg mechanism as: Users can wrap USDO into cUSDO or unwrap cUSDO back into USDO at any time; unlike rebasing USDO, cUSDO compounds by increasing in redeemable USDO per token", "mintRedeemDescription": "Pharos classifies cUSDO backing as Real-World Asset Backed. Collateral, per the static profile: USDO wrapped into OpenEden's non-rebasing cUSDO format; the wrapper holds USDO, which is backed by tokenized U.S. Treasury Bills (primarily OpenEden TBILL and BlackRock BUIDL tokens) held by OpenEden Digital (OED) at 100%... Reserve evidence: live reserve feed configured."}, "0xd2047ebdb205ee6862b69ae9fb3501652cc97d36": {"symbol": "BRLV", "name": "Crown BRLV", "chain": "base", "decimals": 18, "pharos": {"id": "brlv-crown", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "exit", "score": 40.62}, "url": "https://pharos.watch/stablecoin/brlv-crown"}, "description": "BRLV is Crown's centralized Brazilian real stablecoin, mint/redeemed 1:1 for BRL and backed mostly by Brazilian federal Treasury bonds in segregated custody. The static profile records its Brazilian Real peg mechanism as: KYC-gated primary-market mint and redemption at 1 BRL per BRLV through Crown; reserves are pledged to BRLV holders through a Brazilian security-agent and fiduciary-assignment structure, while secondary-market price can deviate", "mintRedeemDescription": "Pharos classifies BRLV backing as Real-World Asset Backed. Collateral, per the static profile: Brazilian federal government bonds, Tesouro Selic-linked ETFs, and de minimis cash/equivalents held in legally segregated, bankruptcy-remote reserve custody through Crown's guarantor/security-agent structure Reserve evidence: Independent Audit from Fact Finance."}, "0x24db057b19241eefb9b522e8627c293ed8f93af2": {"symbol": "sYUSD", "name": "Aegis Staked YUSD", "chain": "bsc", "decimals": 18, "pharos": {"id": "syusd-aegis", "grade": "F", "score": 12, "weakestPillar": {"pillar": "backing", "score": 55.9295}, "url": "https://pharos.watch/stablecoin/syusd-aegis"}, "defillama": {"totalCirculating": 2150642.2905625096, "chains": ["Sei"], "chainCount": 1, "defillamaId": "236", "geckoId": "syusd"}, "description": "sYUSD is Aegis's staking wrapper of YUSD; share price accrues delta-neutral BTC funding-rate yield with a 7-day cooldown before YUSD can be withdrawn. The static profile records its US Dollar peg mechanism as: Deposit YUSD to receive sYUSD; the exchange rate versus YUSD increases as rewards accrue, while unstaking enters Aegis's documented 7-day cooldown before YUSD can be withdrawn", "mintRedeemDescription": "Pharos classifies sYUSD backing as Crypto-Collateralized. Collateral, per the static profile: YUSD deposited into Aegis's ERC-4626 staking contract; the wrapper remains backed by YUSD while funding-rate income accrues through the rising exchange rate Reserve evidence: Real-Time PoR from Accountable."}, "0xb6a09d426861c63722aa0b333a9ce5d5a9b04c4f": {"symbol": "sUSN", "name": "Staked USN", "chain": "zksync", "decimals": 18, "pharos": {"id": "susn-noon", "grade": "C", "score": 55, "weakestPillar": {"pillar": "backing", "score": 59.57411}, "url": "https://pharos.watch/stablecoin/susn-noon"}, "description": "sUSN is Noon's staking wrapper of USN; share price accrues yield from private credit, CLOs, DeFi lending, and T-bills, with delta-neutral CEX strategies on top. The static profile records its US Dollar peg mechanism as: Stake USN to receive sUSN; sUSN appreciates against USN as Noon strategy yield accrues, while final exits inherit Noon's 1:1 USN mint/redeem and reserve-liquidity constraints", "mintRedeemDescription": "Pharos classifies sUSN backing as Real-World Asset Backed. Collateral, per the static profile: USN deposited into Noon's staking wrapper; backing inherits Noon's Accountable-disclosed private credit, CLO, DeFi lending, principal-token, and Treasury-bill reserve mix Reserve evidence: Real-Time PoR from Accountable."}, "0xb87dbe27db932bacaaa96478443b6519d52c5004": {"symbol": "sUSN", "name": "Staked USN", "chain": "sophon", "decimals": 18, "pharos": {"id": "susn-noon", "grade": "C", "score": 55, "weakestPillar": {"pillar": "backing", "score": 59.57411}, "url": "https://pharos.watch/stablecoin/susn-noon"}, "description": "sUSN is Noon's staking wrapper of USN; share price accrues yield from private credit, CLOs, DeFi lending, and T-bills, with delta-neutral CEX strategies on top. The static profile records its US Dollar peg mechanism as: Stake USN to receive sUSN; sUSN appreciates against USN as Noon strategy yield accrues, while final exits inherit Noon's 1:1 USN mint/redeem and reserve-liquidity constraints", "mintRedeemDescription": "Pharos classifies sUSN backing as Real-World Asset Backed. Collateral, per the static profile: USN deposited into Noon's staking wrapper; backing inherits Noon's Accountable-disclosed private credit, CLO, DeFi lending, principal-token, and Treasury-bill reserve mix Reserve evidence: Real-Time PoR from Accountable."}, "0x8d6cebd76f18e1558d4db88138e2defb3909fad6": {"symbol": "MAI", "name": "MAI", "chain": "ethereum", "decimals": 18, "pharos": {"id": "mai-qidao", "grade": "F", "score": 28, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/mai-qidao"}, "description": "MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains and has traded persistently below its $1 target. The static profile records its US Dollar peg mechanism as: Borrowers mint MAI against overcollateralized vault positions and repay or liquidate through QiDao market rules", "mintRedeemDescription": "Pharos classifies MAI backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized crypto vault collateral across QiDao markets, including bridged and wrapped assets Reserve evidence: live reserve feed configured."}, "0x3f56e0c36d275367b8c502090edf38289b3dea0d": {"symbol": "MAI", "name": "MAI", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "mai-qidao", "grade": "F", "score": 28, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/mai-qidao"}, "description": "MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains and has traded persistently below its $1 target. The static profile records its US Dollar peg mechanism as: Borrowers mint MAI against overcollateralized vault positions and repay or liquidate through QiDao market rules", "mintRedeemDescription": "Pharos classifies MAI backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized crypto vault collateral across QiDao markets, including bridged and wrapped assets Reserve evidence: live reserve feed configured."}, "0xdfa46478f9e5ea86d57387849598dbfb2e964b02": {"symbol": "MAI", "name": "MAI", "chain": "optimism", "decimals": 18, "pharos": {"id": "mai-qidao", "grade": "F", "score": 28, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/mai-qidao"}, "description": "MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains and has traded persistently below its $1 target. The static profile records its US Dollar peg mechanism as: Borrowers mint MAI against overcollateralized vault positions and repay or liquidate through QiDao market rules", "mintRedeemDescription": "Pharos classifies MAI backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized crypto vault collateral across QiDao markets, including bridged and wrapped assets Reserve evidence: live reserve feed configured."}, "0xbf1aea8670d2528e08334083616dd9c5f3b087ae": {"symbol": "MAI", "name": "MAI", "chain": "base", "decimals": 18, "pharos": {"id": "mai-qidao", "grade": "F", "score": 28, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/mai-qidao"}, "description": "MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains and has traded persistently below its $1 target. The static profile records its US Dollar peg mechanism as: Borrowers mint MAI against overcollateralized vault positions and repay or liquidate through QiDao market rules", "mintRedeemDescription": "Pharos classifies MAI backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized crypto vault collateral across QiDao markets, including bridged and wrapped assets Reserve evidence: live reserve feed configured."}, "0x5c49b268c9841aff1cc3b0a418ff5c3442ee3f3b": {"symbol": "MAI", "name": "MAI", "chain": "avalanche", "decimals": 18, "pharos": {"id": "mai-qidao", "grade": "F", "score": 28, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/mai-qidao"}, "description": "MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains and has traded persistently below its $1 target. The static profile records its US Dollar peg mechanism as: Borrowers mint MAI against overcollateralized vault positions and repay or liquidate through QiDao market rules", "mintRedeemDescription": "Pharos classifies MAI backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized crypto vault collateral across QiDao markets, including bridged and wrapped assets Reserve evidence: live reserve feed configured."}, "0xfb98b335551a418cd0737375a2ea0ded62ea213b": {"symbol": "MAI", "name": "MAI", "chain": "fantom", "decimals": 18, "pharos": {"id": "mai-qidao", "grade": "F", "score": 28, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/mai-qidao"}, "description": "MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains and has traded persistently below its $1 target. The static profile records its US Dollar peg mechanism as: Borrowers mint MAI against overcollateralized vault positions and repay or liquidate through QiDao market rules", "mintRedeemDescription": "Pharos classifies MAI backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized crypto vault collateral across QiDao markets, including bridged and wrapped assets Reserve evidence: live reserve feed configured."}, "0xb84df10966a5d7e1ab46d9276f55d57bd336afc7": {"symbol": "MAI", "name": "MAI", "chain": "kava", "decimals": 18, "pharos": {"id": "mai-qidao", "grade": "F", "score": 28, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/mai-qidao"}, "description": "MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains and has traded persistently below its $1 target. The static profile records its US Dollar peg mechanism as: Borrowers mint MAI against overcollateralized vault positions and repay or liquidate through QiDao market rules", "mintRedeemDescription": "Pharos classifies MAI backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized crypto vault collateral across QiDao markets, including bridged and wrapped assets Reserve evidence: live reserve feed configured."}, "0x615b25500403eb688be49221b303084d9cf0e5b4": {"symbol": "MAI", "name": "MAI", "chain": "polygon-zkevm", "decimals": 18, "pharos": {"id": "mai-qidao", "grade": "F", "score": 28, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/mai-qidao"}, "description": "MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains and has traded persistently below its $1 target. The static profile records its US Dollar peg mechanism as: Borrowers mint MAI against overcollateralized vault positions and repay or liquidate through QiDao market rules", "mintRedeemDescription": "Pharos classifies MAI backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized crypto vault collateral across QiDao markets, including bridged and wrapped assets Reserve evidence: live reserve feed configured."}, "0xf3b001d64c656e30a62fbaaca003b1336b4ce12a": {"symbol": "MAI", "name": "MAI", "chain": "linea", "decimals": 18, "pharos": {"id": "mai-qidao", "grade": "F", "score": 28, "weakestPillar": {"pillar": "control", "score": 45}, "url": "https://pharos.watch/stablecoin/mai-qidao"}, "description": "MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains and has traded persistently below its $1 target. The static profile records its US Dollar peg mechanism as: Borrowers mint MAI against overcollateralized vault positions and repay or liquidate through QiDao market rules", "mintRedeemDescription": "Pharos classifies MAI backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized crypto vault collateral across QiDao markets, including bridged and wrapped assets Reserve evidence: live reserve feed configured."}, "0xc8a8df9b210243c55d31c73090f06787ad0a1bf6": {"symbol": "syzUSD", "name": "Staked Yuzu USD", "chain": "plasma", "decimals": 18, "pharos": {"id": "syzusd-yuzu", "grade": "D", "score": null, "weakestPillar": {"pillar": "backing", "score": 59.945}, "url": "https://pharos.watch/stablecoin/syzusd-yuzu", "grade_as_of": "2026-07-31", "grade_stale": true}, "description": "syzUSD is Yuzu's staking wrapper of yzUSD; share price accrues yield from overcollateralized DeFi strategies on Plasma and Monad. The static profile records its US Dollar peg mechanism as: Users stake yzUSD for syzUSD; syzUSD appreciates against yzUSD as strategy yield accrues, and final exits inherit Yuzu's KYC-gated primary redemption and liquidity-buffer constraints", "mintRedeemDescription": "Pharos classifies syzUSD backing as Crypto-Collateralized. Collateral, per the static profile: Staked wrapper over Yuzu USD, backed by yzUSD reserve assets deployed into curated DeFi yield strategies and overcollateralized by protocol risk tranching Reserve evidence: Real-Time PoR from Accountable."}, "0x484be0540ad49f351eaa04eeb35df0f937d4e73f": {"symbol": "syzUSD", "name": "Staked Yuzu USD", "chain": "monad", "decimals": 18, "pharos": {"id": "syzusd-yuzu", "grade": "D", "score": null, "weakestPillar": {"pillar": "backing", "score": 59.945}, "url": "https://pharos.watch/stablecoin/syzusd-yuzu", "grade_as_of": "2026-07-31", "grade_stale": true}, "description": "syzUSD is Yuzu's staking wrapper of yzUSD; share price accrues yield from overcollateralized DeFi strategies on Plasma and Monad. The static profile records its US Dollar peg mechanism as: Users stake yzUSD for syzUSD; syzUSD appreciates against yzUSD as strategy yield accrues, and final exits inherit Yuzu's KYC-gated primary redemption and liquidity-buffer constraints", "mintRedeemDescription": "Pharos classifies syzUSD backing as Crypto-Collateralized. Collateral, per the static profile: Staked wrapper over Yuzu USD, backed by yzUSD reserve assets deployed into curated DeFi yield strategies and overcollateralized by protocol risk tranching Reserve evidence: Real-Time PoR from Accountable."}, "0x58acc2600835211dcb5847c5fa422791fd492409": {"symbol": "sdUSD", "name": "dTRINITY Staked dUSD", "chain": "fraxtal", "decimals": 6, "pharos": {"id": "sdusd-dtrinity", "grade": "F", "score": 28, "weakestPillar": {"pillar": "backing", "score": 38}, "url": "https://pharos.watch/stablecoin/sdusd-dtrinity"}, "description": "sdUSD is dTRINITY's yield-bearing dUSD vault receipt; staked dUSD is supplied into dLEND and the share price accrues lending yield. The static profile records its US Dollar peg mechanism as: Stake dUSD to mint sdUSD vault receipts and unstake back into dUSD when dLEND liquidity is available; dSTAKE charges no staking fee, unstaking can incur up to 10 bps retained by the vault, and NAV appreciates as dLEND supply APY accrues.", "mintRedeemDescription": "Pharos classifies sdUSD backing as Crypto-Collateralized. Collateral, per the static profile: dUSD deposited into dTRINITY dSTAKE vaults and supplied into dLEND; deployments are chain-isolated and non-fungible across networks. Reserve evidence: live reserve feed configured."}, "0xe4fa682f94610ccd170680cc3b045d77d9e528a8": {"symbol": "USTB", "name": "Invesco Short Duration US Government Securities Fund", "chain": "plume", "decimals": 6, "pharos": {"id": "ustb-superstate", "grade": "B", "score": 74, "weakestPillar": {"pillar": "control", "score": 70}, "url": "https://pharos.watch/stablecoin/ustb-superstate"}, "description": "USTB is Invesco's tokenized short-duration Treasury fund, managed by Invesco Advisers on Superstate infrastructure for accredited investors. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share token (not pegged to $1); price launched at ~$10/share and appreciates continuously as Treasury income accrues; subscription and redemption at daily NAV in USDC or USD; NAV calculated by NAV Fund Services each...", "mintRedeemDescription": "Pharos classifies USTB backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury bills held by The Bank of New York Mellon, with holdings disclosed publicly and liquidity available each market day; managed by Invesco Advisers, Inc. Reserve evidence: Independent Audit from PricewaterhouseCoopers LLP (fund auditor); public holdings and on-chain NAV provide daily transparency."}, "0xba11c5effa33c4d6f8f593cfa394241cfe925811": {"symbol": "OUSG", "name": "Ondo OUSG", "chain": "polygon", "decimals": 18, "pharos": {"id": "ousg-ondo-finance", "grade": "B-", "score": 69, "weakestPillar": {"pillar": "exit", "score": 58.49}, "url": "https://pharos.watch/stablecoin/ousg-ondo-finance"}, "description": "OUSG is Ondo's tokenized U.S. T-Bill fund backed mainly by BlackRock BUIDL; a NAV-accreting share (not $1-pegged) limited to U.S. Qualified Purchasers. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share token (not pegged to $1); token price rises daily as Treasury income accrues; instant mint/redemption at daily NAV via OUSGInstantManager against USDC (T+0 settlement via BUIDL on-chain liquidity); token transfers...", "mintRedeemDescription": "Pharos classifies OUSG backing as Real-World Asset Backed. Collateral, per the static profile: Primarily BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which holds short-term U.S. Treasury bills, cash, and repurchase agreements; secondary allocations to BlackRock FedFund (TFDXX) and USDC for liquidity; Ondo I LP is the... Reserve evidence: Independent Audit from NAV Consulting, Inc. (fund administrator; daily NAV reports published with up to 3-day lag)."}, "0x8b872732b07be325a8803cdb480d9d20b6f8d11b": {"symbol": "SLVon", "name": "iShares Silver Trust (Ondo Tokenized)", "chain": "bsc", "decimals": 18, "pharos": {"id": "slvon-ondo", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 40.62}, "url": "https://pharos.watch/stablecoin/slvon-ondo"}, "description": "SLVon is Ondo's tokenized iShares Silver Trust exposure, a NAV-style ETF tracker for non-U.S. investors rather than a $1 stablecoin. The static profile records its US Dollar peg mechanism as: NAV-style tokenized ETF tracker rather than a $1 peg; subscriptions, redemptions, and market pricing follow the underlying SLV economic exposure through Ondo Global Markets and eligible investor flows", "mintRedeemDescription": "Pharos classifies SLVon backing as Real-World Asset Backed. Collateral, per the static profile: Ondo Global Markets tokenized ETF exposure referencing iShares Silver Trust (SLV), designed to provide economic exposure to the underlying publicly traded ETF through Ondo GM rather than direct ownership of ETF shares Reserve evidence: Independent Audit from Ankura Trust Company."}, "0xd53d98d13d93c817011645442c2e4d46e499b460": {"symbol": "SLVon", "name": "iShares Silver Trust (Ondo Tokenized)", "chain": "hyperevm", "decimals": 18, "pharos": {"id": "slvon-ondo", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 40.62}, "url": "https://pharos.watch/stablecoin/slvon-ondo"}, "description": "SLVon is Ondo's tokenized iShares Silver Trust exposure, a NAV-style ETF tracker for non-U.S. investors rather than a $1 stablecoin. The static profile records its US Dollar peg mechanism as: NAV-style tokenized ETF tracker rather than a $1 peg; subscriptions, redemptions, and market pricing follow the underlying SLV economic exposure through Ondo Global Markets and eligible investor flows", "mintRedeemDescription": "Pharos classifies SLVon backing as Real-World Asset Backed. Collateral, per the static profile: Ondo Global Markets tokenized ETF exposure referencing iShares Silver Trust (SLV), designed to provide economic exposure to the underlying publicly traded ETF through Ondo GM rather than direct ownership of ETF shares Reserve evidence: Independent Audit from Ankura Trust Company."}, "0xcb2a0f46f67dc4c58a316f1c008edef5c2311795": {"symbol": "IAUon", "name": "iShares Gold Trust (Ondo Tokenized)", "chain": "bsc", "decimals": 18, "pharos": {"id": "iauon-ondo", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "exit", "score": 40.26}, "url": "https://pharos.watch/stablecoin/iauon-ondo"}, "description": "IAUon is Ondo's tokenized iShares Gold Trust exposure, a NAV-style ETF tracker for non-U.S. investors rather than a $1 stablecoin. The static profile records its US Dollar peg mechanism as: NAV-style tokenized ETF tracker rather than a $1 peg; subscriptions, redemptions, and market pricing follow the underlying IAU economic exposure through Ondo Global Markets and eligible investor flows", "mintRedeemDescription": "Pharos classifies IAUon backing as Real-World Asset Backed. Collateral, per the static profile: Ondo Global Markets tokenized ETF exposure referencing iShares Gold Trust (IAU), designed to provide economic exposure to the underlying publicly traded ETF through Ondo GM rather than direct ownership of ETF shares Reserve evidence: Independent Audit from Ankura Trust Company."}, "0x83b01ac9e2d1632a70dd1c813c5b8edf29cd707f": {"symbol": "IAUon", "name": "iShares Gold Trust (Ondo Tokenized)", "chain": "hyperevm", "decimals": 18, "pharos": {"id": "iauon-ondo", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "exit", "score": 40.26}, "url": "https://pharos.watch/stablecoin/iauon-ondo"}, "description": "IAUon is Ondo's tokenized iShares Gold Trust exposure, a NAV-style ETF tracker for non-U.S. investors rather than a $1 stablecoin. The static profile records its US Dollar peg mechanism as: NAV-style tokenized ETF tracker rather than a $1 peg; subscriptions, redemptions, and market pricing follow the underlying IAU economic exposure through Ondo Global Markets and eligible investor flows", "mintRedeemDescription": "Pharos classifies IAUon backing as Real-World Asset Backed. Collateral, per the static profile: Ondo Global Markets tokenized ETF exposure referencing iShares Gold Trust (IAU), designed to provide economic exposure to the underlying publicly traded ETF through Ondo GM rather than direct ownership of ETF shares Reserve evidence: Independent Audit from Ankura Trust Company."}, "0xe85f2b707ec5ae8e07238f99562264f304e30109": {"symbol": "mTBILL", "name": "Midas mTBILL", "chain": "plume", "decimals": 18, "pharos": {"id": "mtbill-midas", "grade": "C", "score": 56, "weakestPillar": {"pillar": "exit", "score": 41.26}, "url": "https://pharos.watch/stablecoin/mtbill-midas"}, "description": "mTBILL is Midas's NAV-accreting tokenized U.S. T-Bill fund via BlackRock IB01 ETF, FMA-regulated rails, with daily Ankura Trust NAV attestations. The static profile records its US Dollar peg mechanism as: NAV-accreting token (not pegged to $1); price launched at ~$1.00 and appreciates continuously as T-bill yield accrues; permissioned mint/redeem at daily NAV via Midas smart contracts in USDC/USDT or fiat; NAV oracle published daily by...", "mintRedeemDescription": "Pharos classifies mTBILL backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury Bills (maturity <3 months) via a reference basket of T-Bill ETFs and tokenized funds, primarily BlackRock iShares $ Treasury Bond 0-1yr UCITS ETF (IB01), plus BUIDL; atomic redemption sleeve via tokenized... Reserve evidence: Independent Audit from Ankura Trust Company (independent third-party; provides daily on-chain NAV attestations)."}, "0x733d504435a49fc8c4e9759e756c2846c92f0160": {"symbol": "mRe7YIELD", "name": "Midas mRe7YIELD", "chain": "etherlink", "decimals": 18, "pharos": {"id": "mre7yield-midas", "grade": "D", "score": 49, "weakestPillar": {"pillar": "exit", "score": 41.95}, "url": "https://pharos.watch/stablecoin/mre7yield-midas"}, "description": "mRe7YIELD is a Midas NAV-accreting liquid-yield token wrapping Re7 Capital DeFi lending, liquidity, restaking, and funding-rate strategies; not a fixed $1 peg. The static profile records its US Dollar peg mechanism as: mRe7YIELD is a NAV-accreting liquid yield token rather than a fixed $1 stablecoin; primary-market mint/redeem occurs through Midas rails while secondary-market holders rely on token liquidity and strategy NAV", "mintRedeemDescription": "Pharos classifies mRe7YIELD backing as Crypto-Collateralized. Collateral, per the static profile: Liquid Yield Token managed by Midas and Re7 Capital, allocating across institutional-grade DeFi yield strategies including lending, liquidity provisioning, restaking, funding-rate arbitrage, and options arbitrage Reserve evidence: Self-Reported PoR from Midas transparency dashboard and issuer disclosures."}, "0xd90f6bfed23ffde40106fc4498dd2e9edb95e4e7": {"symbol": "mHYPER", "name": "Midas mHYPER", "chain": "monad", "decimals": 18, "pharos": {"id": "mhyper-midas", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 42.31}, "url": "https://pharos.watch/stablecoin/mhyper-midas"}, "description": "mHYPER is a Midas NAV-accreting liquid-yield token wrapping Hyperithm market-neutral stablecoin strategies; permissioned mint/redeem, not a fixed $1 peg. The static profile records its US Dollar peg mechanism as: NAV-accreting tokenized debt instrument (blockchain-based certificate under German law), not a fixed $1 peg; value tracks the daily NAV of the Hyperithm-managed market-neutral reference portfolio. Primary mint/redeem only via permissioned...", "mintRedeemDescription": "Pharos classifies mHYPER backing as Crypto-Collateralized. Collateral, per the static profile: Hyperithm-managed market-neutral stablecoin strategies across on-chain markets and institutional execution venues, held under Fordefi MPC custody (manager holds the trading key share, Midas holds an admin/policy share). Tokenholders hold... Reserve evidence: Self-Reported PoR from Midas Attestation Engine: on-chain NAV/proof-of-reserves/price, independently verified via Chainlink, Canary, LlamaRisk and vLayer (launched first on mHYPER)."}, "0xb31bea5c2a43f942a3800558b1aa25978da75f8a": {"symbol": "mHYPER", "name": "Midas mHYPER", "chain": "plasma", "decimals": 18, "pharos": {"id": "mhyper-midas", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 42.31}, "url": "https://pharos.watch/stablecoin/mhyper-midas"}, "description": "mHYPER is a Midas NAV-accreting liquid-yield token wrapping Hyperithm market-neutral stablecoin strategies; permissioned mint/redeem, not a fixed $1 peg. The static profile records its US Dollar peg mechanism as: NAV-accreting tokenized debt instrument (blockchain-based certificate under German law), not a fixed $1 peg; value tracks the daily NAV of the Hyperithm-managed market-neutral reference portfolio. Primary mint/redeem only via permissioned...", "mintRedeemDescription": "Pharos classifies mHYPER backing as Crypto-Collateralized. Collateral, per the static profile: Hyperithm-managed market-neutral stablecoin strategies across on-chain markets and institutional execution venues, held under Fordefi MPC custody (manager holds the trading key share, Midas holds an admin/policy share). Tokenholders hold... Reserve evidence: Self-Reported PoR from Midas Attestation Engine: on-chain NAV/proof-of-reserves/price, independently verified via Chainlink, Canary, LlamaRisk and vLayer (launched first on mHYPER)."}, "0x926a8a63fa1e1fdbbeb811a0319933b1a0f1edbb": {"symbol": "mHYPER", "name": "Midas mHYPER", "chain": "katana", "decimals": 18, "pharos": {"id": "mhyper-midas", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 42.31}, "url": "https://pharos.watch/stablecoin/mhyper-midas"}, "description": "mHYPER is a Midas NAV-accreting liquid-yield token wrapping Hyperithm market-neutral stablecoin strategies; permissioned mint/redeem, not a fixed $1 peg. The static profile records its US Dollar peg mechanism as: NAV-accreting tokenized debt instrument (blockchain-based certificate under German law), not a fixed $1 peg; value tracks the daily NAV of the Hyperithm-managed market-neutral reference portfolio. Primary mint/redeem only via permissioned...", "mintRedeemDescription": "Pharos classifies mHYPER backing as Crypto-Collateralized. Collateral, per the static profile: Hyperithm-managed market-neutral stablecoin strategies across on-chain markets and institutional execution venues, held under Fordefi MPC custody (manager holds the trading key share, Midas holds an admin/policy share). Tokenholders hold... Reserve evidence: Self-Reported PoR from Midas Attestation Engine: on-chain NAV/proof-of-reserves/price, independently verified via Chainlink, Canary, LlamaRisk and vLayer (launched first on mHYPER)."}, "0x7d611dc23267f508de90724731dc88ca28ef7473": {"symbol": "mMEV", "name": "Midas mMEV", "chain": "plume", "decimals": 18, "pharos": {"id": "mmev-midas", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "exit", "score": 41.95}, "url": "https://pharos.watch/stablecoin/mmev-midas"}, "description": "mMEV is a Midas NAV-accreting liquid-yield token wrapping MEV Capital's DeFi lending, liquidity, arbitrage, and liquidation strategies; not a fixed $1 peg. The static profile records its US Dollar peg mechanism as: Midas NAV-accreting liquid-yield token with primary mint/redeem through Midas rails; it does not maintain a fixed $1 redemption floor.", "mintRedeemDescription": "Pharos classifies mMEV backing as Crypto-Collateralized. Collateral, per the static profile: MEV Capital-managed DeFi lending, liquidity, arbitrage, carry, and liquidation strategies allocated through Midas liquid-yield token rails. Reserve evidence: Self-Reported PoR from Midas transparency dashboard and issuer disclosures."}, "0x5542f82389b76c23f5848268893234d8a63fd5c8": {"symbol": "mMEV", "name": "Midas mMEV", "chain": "etherlink", "decimals": 18, "pharos": {"id": "mmev-midas", "grade": "C-", "score": 50, "weakestPillar": {"pillar": "exit", "score": 41.95}, "url": "https://pharos.watch/stablecoin/mmev-midas"}, "description": "mMEV is a Midas NAV-accreting liquid-yield token wrapping MEV Capital's DeFi lending, liquidity, arbitrage, and liquidation strategies; not a fixed $1 peg. The static profile records its US Dollar peg mechanism as: Midas NAV-accreting liquid-yield token with primary mint/redeem through Midas rails; it does not maintain a fixed $1 redemption floor.", "mintRedeemDescription": "Pharos classifies mMEV backing as Crypto-Collateralized. Collateral, per the static profile: MEV Capital-managed DeFi lending, liquidity, arbitrage, carry, and liquidation strategies allocated through Midas liquid-yield token rails. Reserve evidence: Self-Reported PoR from Midas transparency dashboard and issuer disclosures."}, "0x6f64f47f95cf656f21b40e14798f6b49f80b3dc5": {"symbol": "SAFO", "name": "Spiko Amundi Overnight Swap Fund", "chain": "polygon", "decimals": 5, "pharos": {"id": "safo-spiko-usd", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.2}, "url": "https://pharos.watch/stablecoin/safo-spiko-usd"}, "description": "SAFO is the USD share of the Spiko/Amundi UCITS sub-fund using fully collateralized overnight TRS with tier-1 banks; a NAV-accreting share, not $1-pegged. The static profile records its US Dollar peg mechanism as: USD-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "mintRedeemDescription": "Pharos classifies SAFO backing as Real-World Asset Backed. Collateral, per the static profile: USD share class of the Spiko / Amundi Smart Cash fund using fully collateralized total-return swaps with tier-1 bank counterparties and collateral made of liquid financial instruments / money-market fund exposure. Reserve evidence: Independent Audit from PwC."}, "0x0c709396739b9cfb72bcea6ac691ce0ddf66479c": {"symbol": "SAFO", "name": "Spiko Amundi Overnight Swap Fund", "chain": "arbitrum", "decimals": 5, "pharos": {"id": "safo-spiko-usd", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.2}, "url": "https://pharos.watch/stablecoin/safo-spiko-usd"}, "description": "SAFO is the USD share of the Spiko/Amundi UCITS sub-fund using fully collateralized overnight TRS with tier-1 banks; a NAV-accreting share, not $1-pegged. The static profile records its US Dollar peg mechanism as: USD-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "mintRedeemDescription": "Pharos classifies SAFO backing as Real-World Asset Backed. Collateral, per the static profile: USD share class of the Spiko / Amundi Smart Cash fund using fully collateralized total-return swaps with tier-1 bank counterparties and collateral made of liquid financial instruments / money-market fund exposure. Reserve evidence: Independent Audit from PwC."}, "0x0bb754d8940e283d9ff6855ab5dafbc14165c059": {"symbol": "SAFO", "name": "Spiko Amundi Overnight Swap Fund", "chain": "base", "decimals": 5, "pharos": {"id": "safo-spiko-usd", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.2}, "url": "https://pharos.watch/stablecoin/safo-spiko-usd"}, "description": "SAFO is the USD share of the Spiko/Amundi UCITS sub-fund using fully collateralized overnight TRS with tier-1 banks; a NAV-accreting share, not $1-pegged. The static profile records its US Dollar peg mechanism as: USD-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "mintRedeemDescription": "Pharos classifies SAFO backing as Real-World Asset Backed. Collateral, per the static profile: USD share class of the Spiko / Amundi Smart Cash fund using fully collateralized total-return swaps with tier-1 bank counterparties and collateral made of liquid financial instruments / money-market fund exposure. Reserve evidence: Independent Audit from PwC."}, "0x5677a4dc7484762ffccee13cba20b5c979def446": {"symbol": "SAFO", "name": "Spiko Amundi Overnight Swap Fund", "chain": "etherlink", "decimals": 5, "pharos": {"id": "safo-spiko-usd", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.2}, "url": "https://pharos.watch/stablecoin/safo-spiko-usd"}, "description": "SAFO is the USD share of the Spiko/Amundi UCITS sub-fund using fully collateralized overnight TRS with tier-1 banks; a NAV-accreting share, not $1-pegged. The static profile records its US Dollar peg mechanism as: USD-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "mintRedeemDescription": "Pharos classifies SAFO backing as Real-World Asset Backed. Collateral, per the static profile: USD share class of the Spiko / Amundi Smart Cash fund using fully collateralized total-return swaps with tier-1 bank counterparties and collateral made of liquid financial instruments / money-market fund exposure. Reserve evidence: Independent Audit from PwC."}, "0x4f33acf823e6eeb697180d553ce0c710124c8d59": {"symbol": "SPKCC", "name": "Spiko Digital Assets Cash & Carry Fund", "chain": "ethereum", "decimals": 5, "pharos": {"id": "spkcc-spiko", "grade": "C", "score": 59, "weakestPillar": {"pillar": "exit", "score": 43.64}, "url": "https://pharos.watch/stablecoin/spkcc-spiko"}, "description": "SPKCC is the USD share class of Spiko's regulated French AIF combining a digital-asset cash-and-carry basis strategy with short-duration T-bill collateral. The static profile records its US Dollar peg mechanism as: USD-denominated NAV-accreting fund share; daily NAV is calculated by CACEIS Fund Administration and published on-chain through a Chainlink AggregatorV3-style oracle contract. Holdings are restricted to KYC-allowlisted addresses via...", "mintRedeemDescription": "Pharos classifies SPKCC backing as Real-World Asset Backed. Collateral, per the static profile: USD share class of the Spiko Digital Assets Cash & Carry Fund. Monthly allocation rotates between BTC and ETH cash-and-carry (basis) trades and short-duration Treasury bills/cash. Marex is the fund's sole strategy counterparty, spot... Reserve evidence: Independent Audit from PwC."}, "0x99f70a0e1786402a6796c6b0aa997ef340a5c6da": {"symbol": "SPKCC", "name": "Spiko Digital Assets Cash & Carry Fund", "chain": "arbitrum", "decimals": 5, "pharos": {"id": "spkcc-spiko", "grade": "C", "score": 59, "weakestPillar": {"pillar": "exit", "score": 43.64}, "url": "https://pharos.watch/stablecoin/spkcc-spiko"}, "description": "SPKCC is the USD share class of Spiko's regulated French AIF combining a digital-asset cash-and-carry basis strategy with short-duration T-bill collateral. The static profile records its US Dollar peg mechanism as: USD-denominated NAV-accreting fund share; daily NAV is calculated by CACEIS Fund Administration and published on-chain through a Chainlink AggregatorV3-style oracle contract. Holdings are restricted to KYC-allowlisted addresses via...", "mintRedeemDescription": "Pharos classifies SPKCC backing as Real-World Asset Backed. Collateral, per the static profile: USD share class of the Spiko Digital Assets Cash & Carry Fund. Monthly allocation rotates between BTC and ETH cash-and-carry (basis) trades and short-duration Treasury bills/cash. Marex is the fund's sole strategy counterparty, spot... Reserve evidence: Independent Audit from PwC."}, "0xf695df6c0f3bb45918a7a82e83348fc59517734e": {"symbol": "SPKCC", "name": "Spiko Digital Assets Cash & Carry Fund", "chain": "base", "decimals": 5, "pharos": {"id": "spkcc-spiko", "grade": "C", "score": 59, "weakestPillar": {"pillar": "exit", "score": 43.64}, "url": "https://pharos.watch/stablecoin/spkcc-spiko"}, "description": "SPKCC is the USD share class of Spiko's regulated French AIF combining a digital-asset cash-and-carry basis strategy with short-duration T-bill collateral. The static profile records its US Dollar peg mechanism as: USD-denominated NAV-accreting fund share; daily NAV is calculated by CACEIS Fund Administration and published on-chain through a Chainlink AggregatorV3-style oracle contract. Holdings are restricted to KYC-allowlisted addresses via...", "mintRedeemDescription": "Pharos classifies SPKCC backing as Real-World Asset Backed. Collateral, per the static profile: USD share class of the Spiko Digital Assets Cash & Carry Fund. Monthly allocation rotates between BTC and ETH cash-and-carry (basis) trades and short-duration Treasury bills/cash. Marex is the fund's sole strategy counterparty, spot... Reserve evidence: Independent Audit from PwC."}, "0x0990b149e915cb08e2143a5c6f669c907eddc8b0": {"symbol": "EURSAFO", "name": "Spiko Amundi Overnight Swap Fund (EUR)", "chain": "ethereum", "decimals": 5, "pharos": {"id": "eursafo-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.75}, "url": "https://pharos.watch/stablecoin/eursafo-spiko"}, "description": "EURSAFO is Spiko's EUR share of the Spiko/Amundi Smart Cash fund, a UCITS overnight-swap money-market vehicle authorized by the AMF. The static profile records its Euro peg mechanism as: EUR-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "mintRedeemDescription": "Pharos classifies EURSAFO backing as Real-World Asset Backed. Collateral, per the static profile: EUR share class of the Spiko / Amundi Smart Cash fund using fully collateralized total-return swaps with tier-1 bank counterparties and collateral made of liquid financial instruments / money-market fund exposure. Reserve evidence: Independent Audit from PwC."}, "0x272ea767712cc4839f4a27ee35eb73116158c8a2": {"symbol": "EURSAFO", "name": "Spiko Amundi Overnight Swap Fund (EUR)", "chain": "polygon", "decimals": 5, "pharos": {"id": "eursafo-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.75}, "url": "https://pharos.watch/stablecoin/eursafo-spiko"}, "description": "EURSAFO is Spiko's EUR share of the Spiko/Amundi Smart Cash fund, a UCITS overnight-swap money-market vehicle authorized by the AMF. The static profile records its Euro peg mechanism as: EUR-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "mintRedeemDescription": "Pharos classifies EURSAFO backing as Real-World Asset Backed. Collateral, per the static profile: EUR share class of the Spiko / Amundi Smart Cash fund using fully collateralized total-return swaps with tier-1 bank counterparties and collateral made of liquid financial instruments / money-market fund exposure. Reserve evidence: Independent Audit from PwC."}, "0xd879846cbe20751bde8a9342a3cca00a3e56ca47": {"symbol": "EURSAFO", "name": "Spiko Amundi Overnight Swap Fund (EUR)", "chain": "base", "decimals": 5, "pharos": {"id": "eursafo-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.75}, "url": "https://pharos.watch/stablecoin/eursafo-spiko"}, "description": "EURSAFO is Spiko's EUR share of the Spiko/Amundi Smart Cash fund, a UCITS overnight-swap money-market vehicle authorized by the AMF. The static profile records its Euro peg mechanism as: EUR-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "mintRedeemDescription": "Pharos classifies EURSAFO backing as Real-World Asset Backed. Collateral, per the static profile: EUR share class of the Spiko / Amundi Smart Cash fund using fully collateralized total-return swaps with tier-1 bank counterparties and collateral made of liquid financial instruments / money-market fund exposure. Reserve evidence: Independent Audit from PwC."}, "0x35dfec1813c43d82e6b87c682f560bbb8ea0c121": {"symbol": "EURSAFO", "name": "Spiko Amundi Overnight Swap Fund (EUR)", "chain": "etherlink", "decimals": 5, "pharos": {"id": "eursafo-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.75}, "url": "https://pharos.watch/stablecoin/eursafo-spiko"}, "description": "EURSAFO is Spiko's EUR share of the Spiko/Amundi Smart Cash fund, a UCITS overnight-swap money-market vehicle authorized by the AMF. The static profile records its Euro peg mechanism as: EUR-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "mintRedeemDescription": "Pharos classifies EURSAFO backing as Real-World Asset Backed. Collateral, per the static profile: EUR share class of the Spiko / Amundi Smart Cash fund using fully collateralized total-return swaps with tier-1 bank counterparties and collateral made of liquid financial instruments / money-market fund exposure. Reserve evidence: Independent Audit from PwC."}, "0x0e389c83bc1d16d86412476f6103027555c03265": {"symbol": "EURSPKCC", "name": "Spiko Digital Assets Cash & Carry Fund - Euro Share Class", "chain": "arbitrum", "decimals": 5, "pharos": {"id": "eurspkcc-spiko", "grade": "C", "score": 57, "weakestPillar": {"pillar": "exit", "score": 44}, "url": "https://pharos.watch/stablecoin/eurspkcc-spiko"}, "description": "EURSPKCC is the EUR share of Spiko's Digital Assets Cash & Carry fund, a French FPS combining crypto basis-trade exposure with short-duration T-bills. The static profile records its Euro peg mechanism as: EUR-denominated NAV-accreting share class; primary subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails.", "mintRedeemDescription": "Pharos classifies EURSPKCC backing as Real-World Asset Backed. Collateral, per the static profile: Euro share class of the Spiko Digital Assets Cash & Carry Fund, combining systematic cash-and-carry exposure with short-duration cash and Treasury-bill collateral. Reserve evidence: Independent Audit from PwC."}, "0x970e2adc2fdf53aea6b5fa73ca6dc30eafedfe3d": {"symbol": "UKTBL", "name": "Spiko UK T-Bills Money Market Fund", "chain": "polygon", "decimals": 5, "pharos": {"id": "uktbl-spiko", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 43.64}, "url": "https://pharos.watch/stablecoin/uktbl-spiko"}, "description": "UKTBL is Spiko's AMF-authorized GBP money-market fund share token, backed by short-dated UK Treasury bills and gated through Spiko's transfer agent. The static profile records its British Pound peg mechanism as: GBP-denominated NAV-accreting money-market fund share; primary subscriptions and redemptions are KYC-gated through Spiko at fund NAV.", "mintRedeemDescription": "Pharos classifies UKTBL backing as Real-World Asset Backed. Collateral, per the static profile: GBP-denominated UK Treasury bill money-market exposure administered through Spiko fund rails. Reserve evidence: Independent Audit from PwC."}, "0xa8de1f55aa0e381cb456e1dcc9ff781ea0079068": {"symbol": "UKTBL", "name": "Spiko UK T-Bills Money Market Fund", "chain": "base", "decimals": 5, "pharos": {"id": "uktbl-spiko", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 43.64}, "url": "https://pharos.watch/stablecoin/uktbl-spiko"}, "description": "UKTBL is Spiko's AMF-authorized GBP money-market fund share token, backed by short-dated UK Treasury bills and gated through Spiko's transfer agent. The static profile records its British Pound peg mechanism as: GBP-denominated NAV-accreting money-market fund share; primary subscriptions and redemptions are KYC-gated through Spiko at fund NAV.", "mintRedeemDescription": "Pharos classifies UKTBL backing as Real-World Asset Backed. Collateral, per the static profile: GBP-denominated UK Treasury bill money-market exposure administered through Spiko fund rails. Reserve evidence: Independent Audit from PwC."}, "0x4fe515c67eeeadb3282780325f09bb7c244fe774": {"symbol": "GBPSAFO", "name": "Spiko Amundi Overnight Swap Fund (GBP)", "chain": "polygon", "decimals": 5, "pharos": {"id": "gbpsafo-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44}, "url": "https://pharos.watch/stablecoin/gbpsafo-spiko"}, "description": "GBPSAFO is the GBP share of Spiko's UCITS Amundi Smart Cash fund, a regulated overnight-swap money-market vehicle authorized by the AMF. The static profile records its British Pound peg mechanism as: GBP-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "mintRedeemDescription": "Pharos classifies GBPSAFO backing as Real-World Asset Backed. Collateral, per the static profile: GBP share class of Spiko's Amundi-managed Smart Cash UCITS fund. Returns come from a fully collateralized total-return swap under which counterparty BNP Paribas pays SONIA + 0.27% daily; the swap is backed by a basket of listed equities... Reserve evidence: Independent Audit from PwC."}, "0x2f6c0e5e06b43512706a9cdf66cd21f723fe0ec3": {"symbol": "GBPSAFO", "name": "Spiko Amundi Overnight Swap Fund (GBP)", "chain": "base", "decimals": 5, "pharos": {"id": "gbpsafo-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44}, "url": "https://pharos.watch/stablecoin/gbpsafo-spiko"}, "description": "GBPSAFO is the GBP share of Spiko's UCITS Amundi Smart Cash fund, a regulated overnight-swap money-market vehicle authorized by the AMF. The static profile records its British Pound peg mechanism as: GBP-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "mintRedeemDescription": "Pharos classifies GBPSAFO backing as Real-World Asset Backed. Collateral, per the static profile: GBP share class of Spiko's Amundi-managed Smart Cash UCITS fund. Returns come from a fully collateralized total-return swap under which counterparty BNP Paribas pays SONIA + 0.27% daily; the swap is backed by a basket of listed equities... Reserve evidence: Independent Audit from PwC."}, "0xfe20ebe3881491b2e158b9d10cb95bcfa652262d": {"symbol": "GBPSAFO", "name": "Spiko Amundi Overnight Swap Fund (GBP)", "chain": "etherlink", "decimals": 5, "pharos": {"id": "gbpsafo-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44}, "url": "https://pharos.watch/stablecoin/gbpsafo-spiko"}, "description": "GBPSAFO is the GBP share of Spiko's UCITS Amundi Smart Cash fund, a regulated overnight-swap money-market vehicle authorized by the AMF. The static profile records its British Pound peg mechanism as: GBP-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "mintRedeemDescription": "Pharos classifies GBPSAFO backing as Real-World Asset Backed. Collateral, per the static profile: GBP share class of Spiko's Amundi-managed Smart Cash UCITS fund. Returns come from a fully collateralized total-return swap under which counterparty BNP Paribas pays SONIA + 0.27% daily; the swap is backed by a basket of listed equities... Reserve evidence: Independent Audit from PwC."}, "0xc273986a91e4bfc543610a5cb5860b7cfefb6cc0": {"symbol": "GBPSAFO", "name": "Spiko Amundi Overnight Swap Fund (GBP)", "chain": "ethereum", "decimals": 5, "pharos": {"id": "gbpsafo-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44}, "url": "https://pharos.watch/stablecoin/gbpsafo-spiko"}, "description": "GBPSAFO is the GBP share of Spiko's UCITS Amundi Smart Cash fund, a regulated overnight-swap money-market vehicle authorized by the AMF. The static profile records its British Pound peg mechanism as: GBP-denominated NAV-accreting share class; subscriptions and redemptions are KYC-gated through Spiko fund-transfer rails at the published fund NAV.", "mintRedeemDescription": "Pharos classifies GBPSAFO backing as Real-World Asset Backed. Collateral, per the static profile: GBP share class of Spiko's Amundi-managed Smart Cash UCITS fund. Returns come from a fully collateralized total-return swap under which counterparty BNP Paribas pays SONIA + 0.27% daily; the swap is backed by a basket of listed equities... Reserve evidence: Independent Audit from PwC."}, "0xa5d465251fbcc907f5dd6bb2145488dfc6a2627b": {"symbol": "JTRSY", "name": "Janus Henderson Anemoy Treasury Fund", "chain": "avalanche", "decimals": 6, "pharos": {"id": "jtrsy-anemoy", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 52.19}, "url": "https://pharos.watch/stablecoin/jtrsy-anemoy"}, "description": "JTRSY is Anemoy's tokenized short-duration U.S. Treasury fund sub-advised by Janus Henderson; whitelisted investors subscribe and redeem at fund NAV same-day. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share token; same-day subscription and redemption at fund NAV for whitelisted non-U.S. Professional Investors via the Centrifuge issuer rail; S&P assigns AAAf / S1+ to the fund", "mintRedeemDescription": "Pharos classifies JTRSY backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury bills selected and managed by Janus Henderson as sub-advisor inside Anemoy's BVI Professional Fund, tokenised through Centrifuge as ERC-7540 vault shares Reserve evidence: Real-Time PoR from Chainlink JTRSY NAV."}, "0xc18e6f730896971a79d748e8dea61067a9bc6040": {"symbol": "JTRSY", "name": "Janus Henderson Anemoy Treasury Fund", "chain": "monad", "decimals": 6, "pharos": {"id": "jtrsy-anemoy", "grade": "C+", "score": 61, "weakestPillar": {"pillar": "exit", "score": 52.19}, "url": "https://pharos.watch/stablecoin/jtrsy-anemoy"}, "description": "JTRSY is Anemoy's tokenized short-duration U.S. Treasury fund sub-advised by Janus Henderson; whitelisted investors subscribe and redeem at fund NAV same-day. The static profile records its US Dollar peg mechanism as: NAV-accreting fund share token; same-day subscription and redemption at fund NAV for whitelisted non-U.S. Professional Investors via the Centrifuge issuer rail; S&P assigns AAAf / S1+ to the fund", "mintRedeemDescription": "Pharos classifies JTRSY backing as Real-World Asset Backed. Collateral, per the static profile: Short-duration U.S. Treasury bills selected and managed by Janus Henderson as sub-advisor inside Anemoy's BVI Professional Fund, tokenised through Centrifuge as ERC-7540 vault shares Reserve evidence: Real-Time PoR from Chainlink JTRSY NAV."}, "0xe4880249745eac5f1ed9d8f7df844792d560e750": {"symbol": "USTBL", "name": "Spiko US T-Bills Money Market Fund", "chain": "ethereum", "decimals": 5, "pharos": {"id": "ustbl-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.31}, "url": "https://pharos.watch/stablecoin/ustbl-spiko"}, "description": "USTBL is Spiko's regulated short-term U.S. Treasury fund tokenized for EU and global investors under an AMF-authorized UCITS money market structure. The static profile records its US Dollar peg mechanism as: USD-denominated NAV-accreting share token (ISIN FR001400ODM9) of the Spiko SICAV short-term VNAV money market sub-fund authorised by the AMF, backed exclusively by short-dated U.S. Treasury bills with a regulatory weighted-average...", "mintRedeemDescription": "Pharos classifies USTBL backing as Real-World Asset Backed. Collateral, per the static profile: Short-dated U.S. Treasury bills with weighted average maturity under two months, held by a UCITS-compliant short-term money market fund administered under Spiko's AMF authorization Reserve evidence: Independent Audit from PwC."}, "0xfdd22ce6d1f66bc0ec89b20bf16ccb6670f55a5a": {"symbol": "thBILL", "name": "Theo thBILL", "chain": "arbitrum", "decimals": 6, "pharos": {"id": "thbill-theo", "grade": "D", "score": 48, "weakestPillar": {"pillar": "backing", "score": 39.7838}, "url": "https://pharos.watch/stablecoin/thbill-theo"}, "description": "thBILL is Theo Network's NAV-accreting wrapper of Standard Chartered Libeara's tokenized U.S. T-bill fund, mint/redeem gated to KYC-verified institutions. The static profile records its US Dollar peg mechanism as: NAV-accreting token (not pegged to $1); price launched at ~$1.00 and appreciates as T-bill yield accrues; KYC-gated mint/redemption processed instantly in USDC, underlying collateral settled within T+4 business days; restricted to...", "mintRedeemDescription": "Pharos classifies thBILL backing as Real-World Asset Backed. Collateral, per the static profile: Basket of institutional-grade tokenized U.S. Treasury bills; currently 100% tULTRA, a wrapped representation of Standard Chartered Libeara's ULTRA fund (Delta Wellington Ultra Short Treasury On-Chain Fund), managed by Wellington... Reserve evidence: live reserve feed configured."}, "0x62344be8ca1c339b46274a4017dd87af436900b1": {"symbol": "wsrUSD", "name": "Wrapped Savings rUSD", "chain": "base", "decimals": 18, "pharos": {"id": "wsrusd-reservoir", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/wsrusd-reservoir"}, "description": "wsrUSD is a non-rebasing ERC-4626 savings wrapper of Reservoir's rUSD stablecoin, accruing yield from T-bill, DeFi lending, and basis strategies behind rUSD. The static profile records its US Dollar peg mechanism as: wsrUSD is a non-rebasing ERC-4626 vault token that accepts rUSD and accrues yield per block; token price appreciates continuously from $1.00 as protocol yield accrues, and users can redeem wsrUSD for rUSD at any time. rUSD itself is...", "mintRedeemDescription": "Pharos classifies wsrUSD backing as Real-World Asset Backed. Collateral, per the static profile: T-bills and government securities (RWA allocation via governance-approved Asset Adapters), overcollateralized DeFi lending in Morpho and Euler vaults (curators include Steakhouse, Re7, MEV Capital, Gauntlet, Objective Labs), and crypto... Reserve evidence: Real-Time PoR from Reservoir Protocol (on-chain live balance sheet)."}, "0x316cd39632cac4f4cdfc21757c4500fe12f64514": {"symbol": "wsrUSD", "name": "Wrapped Savings rUSD", "chain": "berachain", "decimals": 18, "pharos": {"id": "wsrusd-reservoir", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/wsrusd-reservoir"}, "description": "wsrUSD is a non-rebasing ERC-4626 savings wrapper of Reservoir's rUSD stablecoin, accruing yield from T-bill, DeFi lending, and basis strategies behind rUSD. The static profile records its US Dollar peg mechanism as: wsrUSD is a non-rebasing ERC-4626 vault token that accepts rUSD and accrues yield per block; token price appreciates continuously from $1.00 as protocol yield accrues, and users can redeem wsrUSD for rUSD at any time. rUSD itself is...", "mintRedeemDescription": "Pharos classifies wsrUSD backing as Real-World Asset Backed. Collateral, per the static profile: T-bills and government securities (RWA allocation via governance-approved Asset Adapters), overcollateralized DeFi lending in Morpho and Euler vaults (curators include Steakhouse, Re7, MEV Capital, Gauntlet, Objective Labs), and crypto... Reserve evidence: Real-Time PoR from Reservoir Protocol (on-chain live balance sheet)."}, "0x4809010926aec940b550d34a46a52739f996d75d": {"symbol": "wsrUSD", "name": "Wrapped Savings rUSD", "chain": "sonic", "decimals": 18, "pharos": {"id": "wsrusd-reservoir", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/wsrusd-reservoir"}, "description": "wsrUSD is a non-rebasing ERC-4626 savings wrapper of Reservoir's rUSD stablecoin, accruing yield from T-bill, DeFi lending, and basis strategies behind rUSD. The static profile records its US Dollar peg mechanism as: wsrUSD is a non-rebasing ERC-4626 vault token that accepts rUSD and accrues yield per block; token price appreciates continuously from $1.00 as protocol yield accrues, and users can redeem wsrUSD for rUSD at any time. rUSD itself is...", "mintRedeemDescription": "Pharos classifies wsrUSD backing as Real-World Asset Backed. Collateral, per the static profile: T-bills and government securities (RWA allocation via governance-approved Asset Adapters), overcollateralized DeFi lending in Morpho and Euler vaults (curators include Steakhouse, Re7, MEV Capital, Gauntlet, Objective Labs), and crypto... Reserve evidence: Real-Time PoR from Reservoir Protocol (on-chain live balance sheet)."}, "0x0bbcc2c1991d0af8ec6a5ed922e6f5606923fe15": {"symbol": "wsrUSD", "name": "Wrapped Savings rUSD", "chain": "plume", "decimals": 18, "pharos": {"id": "wsrusd-reservoir", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/wsrusd-reservoir"}, "description": "wsrUSD is a non-rebasing ERC-4626 savings wrapper of Reservoir's rUSD stablecoin, accruing yield from T-bill, DeFi lending, and basis strategies behind rUSD. The static profile records its US Dollar peg mechanism as: wsrUSD is a non-rebasing ERC-4626 vault token that accepts rUSD and accrues yield per block; token price appreciates continuously from $1.00 as protocol yield accrues, and users can redeem wsrUSD for rUSD at any time. rUSD itself is...", "mintRedeemDescription": "Pharos classifies wsrUSD backing as Real-World Asset Backed. Collateral, per the static profile: T-bills and government securities (RWA allocation via governance-approved Asset Adapters), overcollateralized DeFi lending in Morpho and Euler vaults (curators include Steakhouse, Re7, MEV Capital, Gauntlet, Objective Labs), and crypto... Reserve evidence: Real-Time PoR from Reservoir Protocol (on-chain live balance sheet)."}, "0x04716db62c085d9e08050fcf6f7d775a03d07720": {"symbol": "wsrUSD", "name": "Wrapped Savings rUSD", "chain": "hyperevm", "decimals": 18, "pharos": {"id": "wsrusd-reservoir", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/wsrusd-reservoir"}, "description": "wsrUSD is a non-rebasing ERC-4626 savings wrapper of Reservoir's rUSD stablecoin, accruing yield from T-bill, DeFi lending, and basis strategies behind rUSD. The static profile records its US Dollar peg mechanism as: wsrUSD is a non-rebasing ERC-4626 vault token that accepts rUSD and accrues yield per block; token price appreciates continuously from $1.00 as protocol yield accrues, and users can redeem wsrUSD for rUSD at any time. rUSD itself is...", "mintRedeemDescription": "Pharos classifies wsrUSD backing as Real-World Asset Backed. Collateral, per the static profile: T-bills and government securities (RWA allocation via governance-approved Asset Adapters), overcollateralized DeFi lending in Morpho and Euler vaults (curators include Steakhouse, Re7, MEV Capital, Gauntlet, Objective Labs), and crypto... Reserve evidence: Real-Time PoR from Reservoir Protocol (on-chain live balance sheet)."}, "0x5475611dffb8ef4d697ae39df9395513b6e947d7": {"symbol": "srUSD", "name": "Savings rUSD", "chain": "berachain", "decimals": 18, "pharos": {"id": "srusd-reservoir", "grade": "C-", "score": 54, "weakestPillar": {"pillar": "backing", "score": 57.071999999999996}, "url": "https://pharos.watch/stablecoin/srusd-reservoir"}, "description": "srUSD is Reservoir's savings wrapper of rUSD; share price accrues yield from RWA, lending vaults, and credit strategies on the Reservoir balance sheet. The static profile records its US Dollar peg mechanism as: srUSD accrues protocol yield against rUSD. Holders can exit srUSD to rUSD, while rUSD is minted and redeemed through Reservoir's PSM against supported stablecoins subject to protocol liquidity and risk controls.", "mintRedeemDescription": "Pharos classifies srUSD backing as Real-World Asset Backed. Collateral, per the static profile: Yield-bearing Reservoir savings token backed by the Reservoir balance sheet: stablecoin PSM liquidity, RWA allocations, Morpho/Euler lending vaults, and governance-approved credit strategies monitored through Reservoir's on-chain... Reserve evidence: Real-Time PoR from Reservoir Protocol."}, "0x70bfd7f7eadf9b9827541272589a6b2bb760ae2e": {"symbol": "AxCNH", "name": "AxCNH", "chain": "conflux", "decimals": 6, "pharos": {"id": "axcnh-anchorx", "grade": "D", "score": 48, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/axcnh-anchorx"}, "description": "AxCNH is AnchorX's centralized offshore-yuan stablecoin, redeemable 1:1 for CNH and backed by CNH cash reserves at regulated financial institutions. The static profile records its Offshore Yuan peg mechanism as: Direct 1:1 issuance and redemption through AnchorX for CNH transfers; the issuer publishes reported circulating AxCNH and corresponding CNH reserves on its transparency page", "mintRedeemDescription": "Pharos classifies AxCNH backing as Real-World Asset Backed. Collateral, per the static profile: Offshore Chinese yuan (CNH) cash reserves held 1:1 at regulated financial institutions; issuer materials describe AxCNH as fully reserved and redeemable for CNH Reserve evidence: Independent Audit from Kreston ITH Digital Assets."}, "0x66207e39bb77e6b99aab56795c7c340c08520d83": {"symbol": "IDRT", "name": "Rupiah Token", "chain": "bsc", "decimals": 2, "pharos": {"id": "idrt-rupiah-token", "grade": "F", "score": 30, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/idrt-rupiah-token"}, "description": "IDRT is PT Rupiah Token Indonesia's centralized rupiah stablecoin, backed 1:1 by IDR bank deposits and KYC-gated for direct issuance and redemption. The static profile records its Indonesian Rupiah peg mechanism as: Direct 1:1 issuance and redemption through PT Rupiah Token Indonesia after KYC; the issuer publishes bank-reporting and smart-contract audit materials", "mintRedeemDescription": "Pharos classifies IDRT backing as Real-World Asset Backed. Collateral, per the static profile: Indonesian rupiah bank deposits held 1:1 by PT Rupiah Token Indonesia; issuer materials describe full fiat backing with regular bank reporting Reserve evidence: Independent Audit from Rupiah Token reserve report (AUP/no assurance)."}, "0xcefbea899cfccdc653b171d063481b622086be3f": {"symbol": "IDRT", "name": "Rupiah Token", "chain": "harmony", "decimals": 2, "pharos": {"id": "idrt-rupiah-token", "grade": "F", "score": 30, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/idrt-rupiah-token"}, "description": "IDRT is PT Rupiah Token Indonesia's centralized rupiah stablecoin, backed 1:1 by IDR bank deposits and KYC-gated for direct issuance and redemption. The static profile records its Indonesian Rupiah peg mechanism as: Direct 1:1 issuance and redemption through PT Rupiah Token Indonesia after KYC; the issuer publishes bank-reporting and smart-contract audit materials", "mintRedeemDescription": "Pharos classifies IDRT backing as Real-World Asset Backed. Collateral, per the static profile: Indonesian rupiah bank deposits held 1:1 by PT Rupiah Token Indonesia; issuer materials describe full fiat backing with regular bank reporting Reserve evidence: Independent Audit from Rupiah Token reserve report (AUP/no assurance)."}, "0x554cd6bdd03214b10aafa3e0d4d42de0c5d2937b": {"symbol": "IDRT", "name": "Rupiah Token", "chain": "polygon", "decimals": 6, "pharos": {"id": "idrt-rupiah-token", "grade": "F", "score": 30, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/idrt-rupiah-token"}, "description": "IDRT is PT Rupiah Token Indonesia's centralized rupiah stablecoin, backed 1:1 by IDR bank deposits and KYC-gated for direct issuance and redemption. The static profile records its Indonesian Rupiah peg mechanism as: Direct 1:1 issuance and redemption through PT Rupiah Token Indonesia after KYC; the issuer publishes bank-reporting and smart-contract audit materials", "mintRedeemDescription": "Pharos classifies IDRT backing as Real-World Asset Backed. Collateral, per the static profile: Indonesian rupiah bank deposits held 1:1 by PT Rupiah Token Indonesia; issuer materials describe full fiat backing with regular bank reporting Reserve evidence: Independent Audit from Rupiah Token reserve report (AUP/no assurance)."}, "0xa0769f7a8fc65e47de93797b4e21c073c117fc80": {"symbol": "EUTBL", "name": "Spiko EU T-Bills Money Market Fund", "chain": "ethereum", "decimals": 5, "pharos": {"id": "eutbl-spiko", "grade": "C+", "score": 60, "weakestPillar": {"pillar": "exit", "score": 44.75}, "url": "https://pharos.watch/stablecoin/eutbl-spiko"}, "description": "EUTBL is Spiko's AMF-authorized UCITS short-term VNAV money-market fund backed by Eurozone sovereign T-bills, tokenized for KYC-gated investors. The static profile records its Euro peg mechanism as: EUR-denominated NAV-accreting share token (ISIN FR001400ODL1) of the Spiko SICAV short-term VNAV money market sub-fund authorised by the AMF, backed primarily by French and German Eurozone sovereign T-bills (and other top-rated...", "mintRedeemDescription": "Pharos classifies EUTBL backing as Real-World Asset Backed. Collateral, per the static profile: Short-dated Eurozone sovereign Treasury bills (issued by AAA / strong-Member-State issuers) with weighted average maturity under two months, held by a UCITS-compliant short-term money market fund administered under Spiko's AMF authorization Reserve evidence: Independent Audit from PwC."}, "0x8e34bfec4f6eb781f9743d9b4af99cd23f9b7053": {"symbol": "GBPe", "name": "Monerium GBP emoney", "chain": "gnosis", "decimals": 18, "pharos": {"id": "gbpe-monerium", "grade": "D", "score": 49, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/gbpe-monerium"}, "description": "GBPe is Monerium's regulated British pound e-money, minted and redeemed by a licensed EMI against safeguarded GBP funds and permitted EMI reserve assets. The static profile records its British Pound peg mechanism as: Mint-and-burn through Monerium after onboarding/KYC: GBPe is issued when users deposit GBP through supported bank rails and burned when redeemed back to a bank account.", "mintRedeemDescription": "Pharos classifies GBPe backing as Real-World Asset Backed. Collateral, per the static profile: British pound e-money claim backed by safeguarded client funds and permitted EMI reserve assets under Monerium's regulated e-money framework Reserve evidence: Self-Reported PoR from Monerium financial information."}, "0x3bce82cf1a2bc357f956dd494713fe11dc54780f": {"symbol": "GBPe", "name": "Monerium GBP emoney", "chain": "linea", "decimals": 18, "pharos": {"id": "gbpe-monerium", "grade": "D", "score": 49, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/gbpe-monerium"}, "description": "GBPe is Monerium's regulated British pound e-money, minted and redeemed by a licensed EMI against safeguarded GBP funds and permitted EMI reserve assets. The static profile records its British Pound peg mechanism as: Mint-and-burn through Monerium after onboarding/KYC: GBPe is issued when users deposit GBP through supported bank rails and burned when redeemed back to a bank account.", "mintRedeemDescription": "Pharos classifies GBPe backing as Real-World Asset Backed. Collateral, per the static profile: British pound e-money claim backed by safeguarded client funds and permitted EMI reserve assets under Monerium's regulated e-money framework Reserve evidence: Self-Reported PoR from Monerium financial information."}, "0x2d80dbf04d0802abd7a342dafa5d7cb42bfbb52f": {"symbol": "GBPe", "name": "Monerium GBP emoney", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "gbpe-monerium", "grade": "D", "score": 49, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/gbpe-monerium"}, "description": "GBPe is Monerium's regulated British pound e-money, minted and redeemed by a licensed EMI against safeguarded GBP funds and permitted EMI reserve assets. The static profile records its British Pound peg mechanism as: Mint-and-burn through Monerium after onboarding/KYC: GBPe is issued when users deposit GBP through supported bank rails and burned when redeemed back to a bank account.", "mintRedeemDescription": "Pharos classifies GBPe backing as Real-World Asset Backed. Collateral, per the static profile: British pound e-money claim backed by safeguarded client funds and permitted EMI reserve assets under Monerium's regulated e-money framework Reserve evidence: Self-Reported PoR from Monerium financial information."}, "0xc4759ed641da77cbdc9fa2f37e9260a29bf7cc52": {"symbol": "GBPe", "name": "Monerium GBP emoney", "chain": "base", "decimals": 18, "pharos": {"id": "gbpe-monerium", "grade": "D", "score": 49, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/gbpe-monerium"}, "description": "GBPe is Monerium's regulated British pound e-money, minted and redeemed by a licensed EMI against safeguarded GBP funds and permitted EMI reserve assets. The static profile records its British Pound peg mechanism as: Mint-and-burn through Monerium after onboarding/KYC: GBPe is issued when users deposit GBP through supported bank rails and burned when redeemed back to a bank account.", "mintRedeemDescription": "Pharos classifies GBPe backing as Real-World Asset Backed. Collateral, per the static profile: British pound e-money claim backed by safeguarded client funds and permitted EMI reserve assets under Monerium's regulated e-money framework Reserve evidence: Self-Reported PoR from Monerium financial information."}, "0x646beea7a02fdada34c8e118949fe32350ab2206": {"symbol": "GBPe", "name": "Monerium GBP emoney", "chain": "polygon", "decimals": 18, "pharos": {"id": "gbpe-monerium", "grade": "D", "score": 49, "weakestPillar": {"pillar": "backing", "score": 42.5}, "url": "https://pharos.watch/stablecoin/gbpe-monerium"}, "description": "GBPe is Monerium's regulated British pound e-money, minted and redeemed by a licensed EMI against safeguarded GBP funds and permitted EMI reserve assets. The static profile records its British Pound peg mechanism as: Mint-and-burn through Monerium after onboarding/KYC: GBPe is issued when users deposit GBP through supported bank rails and burned when redeemed back to a bank account.", "mintRedeemDescription": "Pharos classifies GBPe backing as Real-World Asset Backed. Collateral, per the static profile: British pound e-money claim backed by safeguarded client funds and permitted EMI reserve assets under Monerium's regulated e-money framework Reserve evidence: Self-Reported PoR from Monerium financial information."}, "0x47a365e29697c700c75d58936b3d93a8a20a43c9": {"symbol": "AUDX", "name": "Aussie Dollar Token", "chain": "conflux", "decimals": 18, "pharos": {"id": "audx-aussie-dollar-token", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 47.15}, "url": "https://pharos.watch/stablecoin/audx-aussie-dollar-token"}, "description": "AUDX is TAU Pty Ltd's centralized Australian dollar stablecoin, designed for 1:1 AUD redemption and backed by AUD cash and government-backed instruments. The static profile records its Australian Dollar peg mechanism as: Issuer-managed mint and redemption path targeting 1 AUDX = 1 AUD through fully backed Australian-dollar reserves", "mintRedeemDescription": "Pharos classifies AUDX backing as Real-World Asset Backed. Collateral, per the static profile: Backed 1:1 by Australian-dollar cash and government-backed instruments such as Treasury Bills and Notes, held by TAU Pty Ltd trading as AUDX Token Reserve evidence: Independent Audit from Aura Partners."}, "0x20c00000000000000000000042109aef2f8b28e1": {"symbol": "CHFAU", "name": "AllUnity CHF", "chain": "tempo", "decimals": 6, "pharos": {"id": "chfau-allunity", "grade": "D", "score": 47, "weakestPillar": {"pillar": "backing", "score": 44.36}, "url": "https://pharos.watch/stablecoin/chfau-allunity"}, "description": "CHFAU is AllUnity's MiCA-licensed Swiss franc stablecoin, redeemable 1:1 against CHF held in segregated accounts at EU credit institutions. The static profile records its Swiss Franc peg mechanism as: Direct 1:1 redemption through AllUnity; holders have statutory right of redemption at par value under MiCA Article 49; mint and redeem via AllUnity platform with straight-through processing", "mintRedeemDescription": "Pharos classifies CHFAU backing as Real-World Asset Backed. Collateral, per the static profile: CHF-denominated reserve assets held 1:1 in separate accounts at regulated EU credit institutions, as CHF cash or eligible low-risk CHF HQLAs under MiCAR and German payment-services law Reserve evidence: Self-Reported PoR."}, "0x660975730059246a68521a3e2fbd4740173100f5": {"symbol": "syrupUSDC", "name": "Maple syrupUSDC", "chain": "base", "decimals": 6, "pharos": {"id": "syrupusdc-maple", "grade": "B-", "score": 67, "weakestPillar": {"pillar": "exit", "score": 51.29}, "url": "https://pharos.watch/stablecoin/syrupusdc-maple"}, "description": "syrupUSDC is Maple's ERC-4626 receipt for USDC lent to institutional borrowers as overcollateralized fixed-rate loans; withdrawals served by a FIFO queue. The static profile records its US Dollar peg mechanism as: ERC-4626 vault; USDC deposited into Maple lending pools, NAV appreciates with accrued interest; protocol withdrawals are requested onchain and serviced through a FIFO queue as liquidity becomes available", "mintRedeemDescription": "Pharos classifies syrupUSDC backing as Real-World Asset Backed. Collateral, per the static profile: USDC deposits lent to institutional borrowers via overcollateralized, fixed-rate loans on Maple Finance Reserve evidence: Independent Audit from The Network Firm."}, "0x41ca7586cc1311807b4605fbb748a3b8862b42b5": {"symbol": "syrupUSDC", "name": "Maple syrupUSDC", "chain": "arbitrum", "decimals": 6, "pharos": {"id": "syrupusdc-maple", "grade": "B-", "score": 67, "weakestPillar": {"pillar": "exit", "score": 51.29}, "url": "https://pharos.watch/stablecoin/syrupusdc-maple"}, "description": "syrupUSDC is Maple's ERC-4626 receipt for USDC lent to institutional borrowers as overcollateralized fixed-rate loans; withdrawals served by a FIFO queue. The static profile records its US Dollar peg mechanism as: ERC-4626 vault; USDC deposited into Maple lending pools, NAV appreciates with accrued interest; protocol withdrawals are requested onchain and serviced through a FIFO queue as liquidity becomes available", "mintRedeemDescription": "Pharos classifies syrupUSDC backing as Real-World Asset Backed. Collateral, per the static profile: USDC deposits lent to institutional borrowers via overcollateralized, fixed-rate loans on Maple Finance Reserve evidence: Independent Audit from The Network Firm."}, "0xc4374775489cb9c56003bf2c9b12495fc64f0771": {"symbol": "syrupUSDT", "name": "Maple syrupUSDT", "chain": "plasma", "decimals": 6, "pharos": {"id": "syrupusdt-maple", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "exit", "score": 51.42}, "url": "https://pharos.watch/stablecoin/syrupusdt-maple"}, "description": "syrupUSDT is Maple's ERC-4626 receipt for USDT lent to institutional borrowers as overcollateralized fixed-rate loans; withdrawals served by a FIFO queue. The static profile records its US Dollar peg mechanism as: ERC-4626 vault; USDT deposited into Maple lending pools, NAV appreciates with accrued interest; protocol withdrawals are requested onchain and serviced through a FIFO queue as liquidity becomes available", "mintRedeemDescription": "Pharos classifies syrupUSDT backing as Real-World Asset Backed. Collateral, per the static profile: USDT deposits lent to institutional borrowers via overcollateralized, fixed-rate loans on Maple Finance Reserve evidence: Independent Audit from The Network Firm."}, "0x8e9d4cea39299323fe8eda678cad449718556c4e": {"symbol": "syrupUSDT", "name": "Maple syrupUSDT", "chain": "bsc", "decimals": 6, "pharos": {"id": "syrupusdt-maple", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "exit", "score": 51.42}, "url": "https://pharos.watch/stablecoin/syrupusdt-maple"}, "description": "syrupUSDT is Maple's ERC-4626 receipt for USDT lent to institutional borrowers as overcollateralized fixed-rate loans; withdrawals served by a FIFO queue. The static profile records its US Dollar peg mechanism as: ERC-4626 vault; USDT deposited into Maple lending pools, NAV appreciates with accrued interest; protocol withdrawals are requested onchain and serviced through a FIFO queue as liquidity becomes available", "mintRedeemDescription": "Pharos classifies syrupUSDT backing as Real-World Asset Backed. Collateral, per the static profile: USDT deposits lent to institutional borrowers via overcollateralized, fixed-rate loans on Maple Finance Reserve evidence: Independent Audit from The Network Firm."}, "0x051665f2455116e929b9972c36d23070f5054ce0": {"symbol": "syrupUSDT", "name": "Maple syrupUSDT", "chain": "mantle", "decimals": 6, "pharos": {"id": "syrupusdt-maple", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "exit", "score": 51.42}, "url": "https://pharos.watch/stablecoin/syrupusdt-maple"}, "description": "syrupUSDT is Maple's ERC-4626 receipt for USDT lent to institutional borrowers as overcollateralized fixed-rate loans; withdrawals served by a FIFO queue. The static profile records its US Dollar peg mechanism as: ERC-4626 vault; USDT deposited into Maple lending pools, NAV appreciates with accrued interest; protocol withdrawals are requested onchain and serviced through a FIFO queue as liquidity becomes available", "mintRedeemDescription": "Pharos classifies syrupUSDT backing as Real-World Asset Backed. Collateral, per the static profile: USDT deposits lent to institutional borrowers via overcollateralized, fixed-rate loans on Maple Finance Reserve evidence: Independent Audit from The Network Firm."}, "0x8a76fe7fa6da27f85a626c5c53730b38d13603d7": {"symbol": "syrupUSDT", "name": "Maple syrupUSDT", "chain": "ink", "decimals": 6, "pharos": {"id": "syrupusdt-maple", "grade": "C+", "score": 62, "weakestPillar": {"pillar": "exit", "score": 51.42}, "url": "https://pharos.watch/stablecoin/syrupusdt-maple"}, "description": "syrupUSDT is Maple's ERC-4626 receipt for USDT lent to institutional borrowers as overcollateralized fixed-rate loans; withdrawals served by a FIFO queue. The static profile records its US Dollar peg mechanism as: ERC-4626 vault; USDT deposited into Maple lending pools, NAV appreciates with accrued interest; protocol withdrawals are requested onchain and serviced through a FIFO queue as liquidity becomes available", "mintRedeemDescription": "Pharos classifies syrupUSDT backing as Real-World Asset Backed. Collateral, per the static profile: USDT deposits lent to institutional borrowers via overcollateralized, fixed-rate loans on Maple Finance Reserve evidence: Independent Audit from The Network Firm."}, "0xa95c8ff7be2a1c898fe01b90fdc9621e8ea5c9fc": {"symbol": "DUSD", "name": "Dialectic USD", "chain": "ink", "decimals": 18, "pharos": {"id": "dusd-dialectic", "grade": "F", "score": 19, "weakestPillar": {"pillar": "exit", "score": 0}, "url": "https://pharos.watch/stablecoin/dusd-dialectic"}, "description": "DUSD is Dialectic's USDC-accounted Makina strategy share with queued exits, live backlog-adjusted USDC buffer capacity, and upstream USDC freeze exposure. The static profile records its US Dollar peg mechanism as: DUSD is not par-redeemable. Its price is the Machine's AUM divided by share supply in USDC terms, so it appreciates with strategy yield and can fall when the strategy loses value or the Security Council forces an AUM update past the...", "mintRedeemDescription": "Pharos classifies DUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into the Dialectic USD Makina Machine and deployed by the Dialectic operator into AMM liquidity and money-market positions through Calibers on Ethereum, Base, Arbitrum, and Monad; execution is bounded by a... Reserve evidence: Real-Time PoR from Makina on-chain Machine accounting."}, "0x4772d2e014f9fc3a820c444e3313968e9a5c8121": {"symbol": "YUSD", "name": "YieldFi yUSD", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "yusd-yieldfi", "grade": "D", "score": 43, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/yusd-yieldfi"}, "description": "YieldFi yUSD is an ERC-4626 vault over USDC, allocating across Pendle PTs, Morpho and Silo vaults, and private-credit strategies for yield over the dollar. The static profile records its US Dollar peg mechanism as: ERC-4626 share over USDC priced at NAV ((Series Assets - Series Liabilities) / tokens outstanding), valued at least twice weekly using Chainlink oracles; value tracks the dollar through delta-neutral strategy returns rather than direct...", "mintRedeemDescription": "Pharos classifies YUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into the yUSD ERC-4626 vault and allocated by YieldFi's manager across Pendle principal tokens, Morpho and Silo lending vaults, private-credit positions, and market-neutral/delta-neutral strategies (private LP deals, hedged... Reserve evidence: live reserve feed configured."}, "0x2c271ddf484ac0386d216eb7eb9ff02d4dc0f6aa": {"symbol": "apyUSD", "name": "apyUSD", "chain": "base", "decimals": 18, "pharos": {"id": "apyusd-apyx", "grade": "F", "score": 0, "weakestPillar": {"pillar": "control", "score": 25}, "url": "https://pharos.watch/stablecoin/apyusd-apyx"}, "description": "apyUSD is the ERC-4626 yield-bearing wrapper of apxUSD, capturing dividends and preferred-equity yield from Apyx's Digital Asset Treasury collateral. The static profile records its US Dollar peg mechanism as: Users deposit apxUSD to mint apyUSD; cash dividends and preferred-equity yield accrue inside the vault, increasing apyUSD's exchange rate against apxUSD over time", "mintRedeemDescription": "Pharos classifies apyUSD backing as Real-World Asset Backed. Collateral, per the static profile: apxUSD deposited into the Apyx ERC-4626 yield vault; apxUSD itself is backed by preferred equity shares from Digital Asset Treasury companies and liquidity buffers Reserve evidence: Real-Time PoR from Accountable."}, "0x18bc5bcc660cf2b9ce3cd51a404afe1a0cbd3c22": {"symbol": "IDRX", "name": "IDRX", "chain": "base", "decimals": 2, "pharos": {"id": "idrx-idrx", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 45.93}, "url": "https://pharos.watch/stablecoin/idrx-idrx"}, "description": "IDRX is PT IDRX Indo Inovasi's centralized rupiah stablecoin, backed 1:1 by IDR fiat reserves and Indonesian government bonds with KYC-gated mint and redeem. The static profile records its Indonesian Rupiah peg mechanism as: Direct 1:1 mint and redemption of IDRX for Indonesian rupiah through IDRX platform after KYC verification; native multichain deployment with built-in bridge functions", "mintRedeemDescription": "Pharos classifies IDRX backing as Real-World Asset Backed. Collateral, per the static profile: Indonesian rupiah (IDR) fiat reserves and government bonds held 1:1 by PT IDRX Indo Inovasi; CertiK-audited smart contracts with multisig controls Reserve evidence: Independent Audit from IDRX transparency and audit documents."}, "0x46c85152bfe9f96829aa94755d9f915f9b10ef5f": {"symbol": "cNGN", "name": "Compliant Naira", "chain": "base", "decimals": 6, "pharos": {"id": "cngn-compliant-naira", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cngn-compliant-naira"}, "description": "cNGN is a centralized Nigerian naira stablecoin backed 1:1 by NGN deposits at designated Nigerian commercial banks under the cNGN issuer consortium. The static profile records its Nigerian Naira peg mechanism as: Issuer-managed mint and redemption path designed to maintain 1 cNGN = 1 NGN through naira reserves and compliant transfer rails", "mintRedeemDescription": "Pharos classifies cNGN backing as Real-World Asset Backed. Collateral, per the static profile: Naira reserves held 1:1 against outstanding cNGN, comprising deposits at licensed Nigerian commercial banks plus naira money-market funds and short-term FGN treasury bills, verified by monthly independent attestations Reserve evidence: Independent Audit from Bala Isah Garba & Company."}, "0xa8aea66b361a8d53e8865c62d142167af28af058": {"symbol": "cNGN", "name": "Compliant Naira", "chain": "bsc", "decimals": 6, "pharos": {"id": "cngn-compliant-naira", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cngn-compliant-naira"}, "description": "cNGN is a centralized Nigerian naira stablecoin backed 1:1 by NGN deposits at designated Nigerian commercial banks under the cNGN issuer consortium. The static profile records its Nigerian Naira peg mechanism as: Issuer-managed mint and redemption path designed to maintain 1 cNGN = 1 NGN through naira reserves and compliant transfer rails", "mintRedeemDescription": "Pharos classifies cNGN backing as Real-World Asset Backed. Collateral, per the static profile: Naira reserves held 1:1 against outstanding cNGN, comprising deposits at licensed Nigerian commercial banks plus naira money-market funds and short-term FGN treasury bills, verified by monthly independent attestations Reserve evidence: Independent Audit from Bala Isah Garba & Company."}, "0x52828daa48c1a9a06f37500882b42daf0be04c3b": {"symbol": "cNGN", "name": "Compliant Naira", "chain": "polygon", "decimals": 6, "pharos": {"id": "cngn-compliant-naira", "grade": "F", "score": 39, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/cngn-compliant-naira"}, "description": "cNGN is a centralized Nigerian naira stablecoin backed 1:1 by NGN deposits at designated Nigerian commercial banks under the cNGN issuer consortium. The static profile records its Nigerian Naira peg mechanism as: Issuer-managed mint and redemption path designed to maintain 1 cNGN = 1 NGN through naira reserves and compliant transfer rails", "mintRedeemDescription": "Pharos classifies cNGN backing as Real-World Asset Backed. Collateral, per the static profile: Naira reserves held 1:1 against outstanding cNGN, comprising deposits at licensed Nigerian commercial banks plus naira money-market funds and short-term FGN treasury bills, verified by monthly independent attestations Reserve evidence: Independent Audit from Bala Isah Garba & Company."}, "0x3ed03e95dd894235090b3d4a49e0c3239edce59e": {"symbol": "MYRC", "name": "MYRC", "chain": "arbitrum", "decimals": 18, "pharos": {"id": "myrc-blox", "grade": "C", "score": 58, "weakestPillar": {"pillar": "backing", "score": 50.3}, "url": "https://pharos.watch/stablecoin/myrc-blox"}, "description": "MYRC is Blox's ringgit stablecoin backed 1:1 by MYR-denominated reserves at Malaysian financial institutions and gated to verified Malaysian residents. The static profile records its Malaysian Ringgit peg mechanism as: 1:1 mint and redemption against Malaysian Ringgit via Malaysian banking rails (FPX). Eligibility requires Malaysian eKYC (MyKad) and a linked Malaysian bank account; mint authority on each chain is restricted to a Blox-controlled key.", "mintRedeemDescription": "Pharos classifies MYRC backing as Real-World Asset Backed. Collateral, per the static profile: Malaysian ringgit-denominated reserve assets held at Malaysian financial institutions; current asset classes, institutions, and weights are not publicly disclosed Reserve evidence: Independent Audit from Tommy Ung & Partners PLT."}, "0x370923d39f139c64813f173a1bf0b4f9ba36a24f": {"symbol": "KRWQ", "name": "KRWQ", "chain": "base", "decimals": 18, "pharos": {"id": "krwq-iq", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 38.85}, "url": "https://pharos.watch/stablecoin/krwq-iq"}, "defillama": {"totalCirculating": null, "chains": ["Base", "Ethereum", "Fraxtal", "Polygon", "Morph", "Solana", "Codex"], "chainCount": 7, "defillamaId": "428", "geckoId": "krwt"}, "description": "KRWQ is a Korean won stablecoin issued against USDC, frxUSD, and Korean Treasury Bonds; KYC-gated and not offered to South Korean residents. The static profile records its Korean Won peg mechanism as: Centralized issuance against a 100% reserve. Mint and redemption are gated to KYC-verified institutional counterparties (exchanges, market makers, OTC desks). Ethereum is the canonical mint chain; Base and other destinations share unified...", "mintRedeemDescription": "Pharos classifies KRWQ backing as Real-World Asset Backed. Collateral, per the static profile: Mixed reserves transitioning from USDC-only toward a target mix dominated by short-term Korean Treasury Bonds. Current composition includes USDC (Circle), Frax frxUSD, and tokenized Korean Treasury Bonds issued via Etherfuse's Stablebond... Reserve evidence: Real-Time PoR from Chainlink Proof of Reserve."}, "0x44c3950a6ed303c863a6568ea18c1a01e504ffd2": {"symbol": "KRWQ", "name": "KRWQ", "chain": "polygon", "decimals": 18, "pharos": {"id": "krwq-iq", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 38.85}, "url": "https://pharos.watch/stablecoin/krwq-iq"}, "defillama": {"totalCirculating": null, "chains": ["Base", "Ethereum", "Fraxtal", "Polygon", "Morph", "Solana", "Codex"], "chainCount": 7, "defillamaId": "428", "geckoId": "krwt"}, "description": "KRWQ is a Korean won stablecoin issued against USDC, frxUSD, and Korean Treasury Bonds; KYC-gated and not offered to South Korean residents. The static profile records its Korean Won peg mechanism as: Centralized issuance against a 100% reserve. Mint and redemption are gated to KYC-verified institutional counterparties (exchanges, market makers, OTC desks). Ethereum is the canonical mint chain; Base and other destinations share unified...", "mintRedeemDescription": "Pharos classifies KRWQ backing as Real-World Asset Backed. Collateral, per the static profile: Mixed reserves transitioning from USDC-only toward a target mix dominated by short-term Korean Treasury Bonds. Current composition includes USDC (Circle), Frax frxUSD, and tokenized Korean Treasury Bonds issued via Etherfuse's Stablebond... Reserve evidence: Real-Time PoR from Chainlink Proof of Reserve."}, "0xbe5b2eb217bb04a7ddd1a451e6a1567dc15e2fd6": {"symbol": "KRWQ", "name": "KRWQ", "chain": "fraxtal", "decimals": 18, "pharos": {"id": "krwq-iq", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 38.85}, "url": "https://pharos.watch/stablecoin/krwq-iq"}, "defillama": {"totalCirculating": null, "chains": ["Base", "Ethereum", "Fraxtal", "Polygon", "Morph", "Solana", "Codex"], "chainCount": 7, "defillamaId": "428", "geckoId": "krwt"}, "description": "KRWQ is a Korean won stablecoin issued against USDC, frxUSD, and Korean Treasury Bonds; KYC-gated and not offered to South Korean residents. The static profile records its Korean Won peg mechanism as: Centralized issuance against a 100% reserve. Mint and redemption are gated to KYC-verified institutional counterparties (exchanges, market makers, OTC desks). Ethereum is the canonical mint chain; Base and other destinations share unified...", "mintRedeemDescription": "Pharos classifies KRWQ backing as Real-World Asset Backed. Collateral, per the static profile: Mixed reserves transitioning from USDC-only toward a target mix dominated by short-term Korean Treasury Bonds. Current composition includes USDC (Circle), Frax frxUSD, and tokenized Korean Treasury Bonds issued via Etherfuse's Stablebond... Reserve evidence: Real-Time PoR from Chainlink Proof of Reserve."}, "0xe898e1cffa565aae8bacc364aa7d65d6a2d20f16": {"symbol": "KRWQ", "name": "KRWQ", "chain": "codex", "decimals": 18, "pharos": {"id": "krwq-iq", "grade": "C-", "score": 53, "weakestPillar": {"pillar": "exit", "score": 38.85}, "url": "https://pharos.watch/stablecoin/krwq-iq"}, "defillama": {"totalCirculating": null, "chains": ["Base", "Ethereum", "Fraxtal", "Polygon", "Morph", "Solana", "Codex"], "chainCount": 7, "defillamaId": "428", "geckoId": "krwt"}, "description": "KRWQ is a Korean won stablecoin issued against USDC, frxUSD, and Korean Treasury Bonds; KYC-gated and not offered to South Korean residents. The static profile records its Korean Won peg mechanism as: Centralized issuance against a 100% reserve. Mint and redemption are gated to KYC-verified institutional counterparties (exchanges, market makers, OTC desks). Ethereum is the canonical mint chain; Base and other destinations share unified...", "mintRedeemDescription": "Pharos classifies KRWQ backing as Real-World Asset Backed. Collateral, per the static profile: Mixed reserves transitioning from USDC-only toward a target mix dominated by short-term Korean Treasury Bonds. Current composition includes USDC (Circle), Frax frxUSD, and tokenized Korean Treasury Bonds issued via Etherfuse's Stablebond... Reserve evidence: Real-Time PoR from Chainlink Proof of Reserve."}, "0x68727e573d21a49c767c3c86a92d9f24bd933c99": {"symbol": "eMXN", "name": "Telcoin MXN", "chain": "polygon", "decimals": 6, "pharos": {"id": "emxn-telcoin", "grade": null, "score": null, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/emxn-telcoin"}, "description": "eMXN is Telcoin's centralized Mexican peso stablecoin on Polygon, backed by MXN reserves managed by Telcoin and used for Digital Cash payments. The static profile records its Mexican Peso peg mechanism as: Issuer-managed Mexican-peso Digital Cash stablecoin used for payments and settlement in the Telcoin Wallet; public materials do not yet expose an eMXN-specific redemption or reserve-attestation report", "mintRedeemDescription": "Pharos classifies eMXN backing as Real-World Asset Backed. Collateral, per the static profile: Mexican-peso Digital Cash reserve backing managed by Telcoin for eMXN issued on Polygon Reserve evidence: curated reserve profile."}, "0xe346c29b5b60ef870b9724c57ccfbbc631e47dee": {"symbol": "wiTRY", "name": "Wrapped iTRY", "chain": "ethereum", "decimals": 18, "pharos": {"id": "witry-brix", "grade": null, "score": null, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/witry-brix"}, "description": "wiTRY is a Brix staking wrapper that accrues yield over iTRY, with exposure to Turkish-lira money-market funds and local TRY instruments. The static profile records its Turkish Lira peg mechanism as: wiTRY appreciates against iTRY as fund yield is minted into the staking contract and vests over time; users can unstake through a cooldown or use Fast Redeem for a fee, while final TRY exposure inherits iTRY issuer and local-currency risk", "mintRedeemDescription": "Pharos classifies wiTRY backing as Real-World Asset Backed. Collateral, per the static profile: iTRY deposited into the Brix staking wrapper, backed by regulated Turkish-lira money-market funds and related TRY cash/liquidity instruments Reserve evidence: Real-Time PoR from Accountable."}, "0x15b271d9012b5820fc42b1c495b4c1e206547de5": {"symbol": "wiTRY", "name": "Wrapped iTRY", "chain": "megaeth", "decimals": 18, "pharos": {"id": "witry-brix", "grade": null, "score": null, "weakestPillar": {"pillar": "exit", "score": 35}, "url": "https://pharos.watch/stablecoin/witry-brix"}, "description": "wiTRY is a Brix staking wrapper that accrues yield over iTRY, with exposure to Turkish-lira money-market funds and local TRY instruments. The static profile records its Turkish Lira peg mechanism as: wiTRY appreciates against iTRY as fund yield is minted into the staking contract and vests over time; users can unstake through a cooldown or use Fast Redeem for a fee, while final TRY exposure inherits iTRY issuer and local-currency risk", "mintRedeemDescription": "Pharos classifies wiTRY backing as Real-World Asset Backed. Collateral, per the static profile: iTRY deposited into the Brix staking wrapper, backed by regulated Turkish-lira money-market funds and related TRY cash/liquidity instruments Reserve evidence: Real-Time PoR from Accountable."}}, "kyp_overlay_annotated": 5, "kyp_overlay_tree_sha": "fa5e33c3a4fb95395e6cf24c71475655ee1fd40b", "overlay_generated_at": 1786582081, "yearn_overlay_annotated": 21, "yearn_overlay_tree_sha": "4824f8a83a99f2482fbc6ecb049ff2d642446aee"}