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What are the most transparent stablecoins?

Transparency is attestation frequency, disclosure depth and a regulated issuer structure — captured in the collateral and issuer-legal components of the safety score. Ranked by the average of those two subscores.

Short answer

USD Coin (USDC) currently tops this list with a safety score of 88/100, market cap of $72.84B and 121 chain deployments, paying a vetted APY of 8.02% as of Aug 20, 2026.

Ranked by issuer-legal and collateral verification subscores — a proxy for attestation cadence and disclosure — updated daily.

Most transparent stablecoins in 2026, ranked by attestation & disclosure — usd.net
#AssetSafetyMarket capLiquidityChainsPeg deviation
1USDC logoUSDCUSD Coin88$72.84B$4.59B
Ethereum logoSolana logoHyperliquid L1 logoBase logoArbitrum logo+116
−0.020%
2USDG logoUSDGGlobal Dollar92$3.40B$438.01M
X Layer logoSolana logoRobinhood Chain logoEthereum logoInk logo+1
+0.015%
3PYUSD logoPYUSDPayPal USD92$2.78B$325.61M
Ethereum logoSolana logoArbitrum logoFlow logoPolygon logo+2
+0.011%
4RLUSD logoRLUSDRipple USD89$1.86B$178.29M
XRPL logoEthereum logo
+0.035%
5USDP logoUSDPPax Dollar85$30.25M$1.81M
Ethereum logoSolana logoBSC logo
−0.043%
6XUSD logoXUSDStraitsX XUSD78$55.14M$1.37M
BSC logoEthereum logo
+0.012%
7USDS logoUSDSSky Dollar88$6.71B$2.32B
Ethereum logoArbitrum logoSolana logoBase logo
−0.009%
8DAI logoDAIDai81$4.76B$344.99M
Ethereum logoPolygon logoFantom logoBSC logoArbitrum logo+28
+0.007%
9USD1 logoUSD1World Liberty Financial USD81$4.00B$303.66M
Ethereum logoBSC logoSolana logoAbcore logoAptos logo+3
−0.021%
10FDUSD logoFDUSDFirst Digital USD59$351.35M$2.70M
Ethereum logoBSC logoSui logoSolana logoArbitrum logo+1
−0.162%

Frequently asked

+ Which stablecoin publishes attestations most often?

The table above ranks by our collateral-verification and issuer-legal subscores, which reward daily or monthly attestations from a named third party over quarterly or absent reporting. Check each asset page for the actual attestation cadence.

+ What counts as a transparent reserve report?

A named attestor, a breakdown of instrument types (not just 'cash and equivalents'), and a cadence of monthly or better. Point-in-time attestations without a named auditor score lower than audited reports.

+ Does transparency guarantee safety?

No — it removes one source of uncertainty (what backs the token) but says nothing about peg stability under stress or exit liquidity. Use the full safety score, not disclosure alone, to size a position.