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No prudential regime

No prudential regulator stands behind this token. Redemption depends entirely on the issuer's own policy.

Jurisdiction
None
Regulator
No prudential supervisor
In force
Reserve rule
Whatever the issuer or protocol chooses to hold. For crypto-collateralised tokens this is enforced by code and over-collateralisation rather than by law.
Redemption right
None in law. Redemption depends on the issuer's own policy, or on protocol mechanics for decentralised tokens.
Disclosure
Voluntary. Quality ranges from real-time on-chain proof to nothing at all.

What this regime does not protect you from

  • Everything a regulated regime would cover — reserves, redemption, wind-down
  • There is no supervisor to complain to if redemption stops

Tokens under No prudential regime (210)

Columns
Stablecoins under No prudential regime
USDT logoUSDTTether$182.94B$0.9994+0.51%4.25%76
USDS logoUSDSSky Dollar$6.72B$1.0000+1.17%5.82%89
DAI logoDAIDai$4.77B$1.0001−0.50%2.17%85
USDE logoUSDEEthena USDe$4.04B$0.9999+2.79%4.50%74
USD1 logoUSD1World Liberty Financial USD$4.01B$0.9992−0.41%8.73%79
BLACKROCK BU logoBLACKROCK BUBlackRock BUIDL$3.55B$1.0000+0.48%66
CIRCLE USYC logoCIRCLE USYCCircle USYC$2.98B$1.0000−0.81%66
USYC logoUSYCCircle USYC$2.98B$1.1344−0.87%3.38%74
BUIDL logoBUIDLBlackRock USD$2.74B$1.0000+1.20%3.60%96
ONDO logoONDOOndo Yield Assets$2.52B$1.0000−0.19%66
SPIKO logoSPIKOSpiko$2.46B$1.0000+3.06%66
USDY logoUSDYOndo US Dollar Yield$2.14B$1.1392+0.08%3.55%88
CFG logoCFGCentrifuge Protocol$1.64B$1.0000+0.45%65
USDD logoUSDDUSDD$1.51B$0.9994+10.19%3.97%69
U logoUUnited Stables$1.26B$0.9995+3.64%8.00%*73
USDGO logoUSDGOUSDGO$1.19B$1.0003+4.24%53
USDF logoUSDFFalcon USD$1.17B$0.9959+0.03%0.00%*58
BCAP logoBCAPBlockchain Capital$956.83M$1.0000−0.27%65
ONDO logoONDOOndo Global Markets$945.73M$1.0000−0.26%65
ANEMOY CAPIT logoANEMOY CAPITAnemoy Capital$872.28M$1.0000+0.07%65
WISDOMTREE logoWISDOMTREEWisdomTree$775.73M$1.0000−0.00%65
INVESCO USTB logoINVESCO USTBInvesco USTB$764.67M$1.0000−2.72%65
GHO logoGHOGHO$698.09M$0.99870.00%6.09%*67
YLDS logoYLDSYLDS$682.86M$0.9994+2.37%54
HASTRA logoHASTRAHastra$568.37M$1.0000+5.85%64
USD0 logoUSD0Usual USD$550.75M$0.9987−0.03%0.56%*68
USX logoUSXSolstice USX$506.16M$0.9994−0.10%2.71%*63
TUSD logoTUSDTrueUSD$483.49M$0.99790.00%1.41%*71
PUSD logoPUSDPolymarket USD$460.88M$1.0000+0.06%70
RWAUSDI logoRWAUSDIrwaUSDi$417.03M$0.9997+20.33%54
USDN logoUSDNNeutrino USDFailed / dead$408.89M$1.0000−0.00%54
USDTB logoUSDTBEthena USDtb$403.57M$0.9993+0.76%5.64%*67
XSTOCKS logoXSTOCKSxStocks$382.92M$1.0000+2.53%64
ENA logoENAEthena USDtb$357.67M$1.0000+1.53%64
FDUSD logoFDUSDFirst Digital USD$350.97M$0.9973+0.05%1.31%*57
GUSD logoGUSDGate USDWinding down$319.41M$0.99810.00%64
SOFID logoSOFIDSoFiUSD$311.23M$0.9992−0.08%52
APXUSD logoAPXUSDapxUSD$304.48M$0.9394−0.07%12.76%56
RE logoRERe$289.09M$1.0000+6.70%63
M logoMM by M0$272.04M$1.0000−3.61%73
ONRE logoONREOnRe$269.38M$1.0000+5.44%63
OPENTRADE logoOPENTRADEOpenTrade$262.28M$1.0000+0.23%63
OPENEDEN TBI logoOPENEDEN TBIOpenEden TBILL$253.16M$1.0000−0.85%63
CRVUSD logoCRVUSDcrvUSD$245.73M$0.9989+7.14%7.12%*68
AUSD logoAUSDAgora Dollar$234.53M$0.9995+1.08%6.82%71
BUSD logoBUSDBinance Peg BUSDWinding down$232.92M$0.9999+0.00%71
VANECK TREAS logoVANECK TREASVanEck Treasury Fund$193.33M$1.0000+0.07%63
HUSD logoHUSDHUSDFailed / dead$192.31M$1.00000.00%69
REUSD logoREUSDRe Protocol reUSD$190.76M$1.0954+8.51%6.31%71
USAT logoUSATUSAT$185.29M$0.99900.00%51
USDAI logoUSDAIUSD.AI$175.88M$0.9995+1.46%6.78%*70
DIGIFT logoDIGIFTDigiFT$173.44M$1.0000+9.00%63
FLEXUSD logoFLEXUSDflexUSDFailed / dead$166.30M$0.99970.00%53
SATUSD logoSATUSDRiver Stablecoin$158.27M$0.9942−0.00%45
FRAX logoFRAXFrax$157.72M$0.9910−1.80%12.61%*54
REG logoREGRealT Tokens$155.06M$1.0000+0.49%63
MUST logoMUSTMustang Finance$154.34M$0.9997+0.00%53
USDA logoUSDAAvalon USDa$145.57M$1.0000−1.65%72
R25 logoR25R25$131.37M$1.0000+0.17%62
MIDAS RWA logoMIDAS RWAMidas RWA$128.59M$1.0000−2.18%62
AVUSD logoAVUSDAvant USD$127.04M$0.9988+1.46%66
CASH logoCASHCASH$122.61M$0.9990+2.60%4.24%*64
MI4 logoMI4Mantle Index Four Fund$119.28M$1.0000+0.59%62
NEST CREDIT logoNEST CREDITNest Credit$115.02M$1.0000−1.48%62
RAAC logoRAACRAAC$114.92M$1.0000−0.27%62
MOVEUSD logoMOVEUSDCFX MoveUSD$111.60M$0.9997−1.22%53
USDV logoUSDVValtorum USD$110.96M$1.0000−2.63%71
FRAX logoFRAXFrax USD$110.66M$1.0000−1.49%62
VALOS logoVALOSValos$110.19M$1.0000+0.16%62
FRXUSD logoFRXUSDFrax USD$106.19M$0.9997−0.14%3.45%*69
SECURITIZE T logoSECURITIZE TSecuritize Tokenized AAA CLO Fund$102.99M$1.0000+0.03%62
DOLA logoDOLADola$100.65M$0.99770.00%63
LOFTY logoLOFTYLofty$100.13M$1.0000+0.03%62
UUSD logoUUSDUnity USD$99.95M$0.99950.00%56
USPD logoUSPDUS Permissionless Dollar$98.93M$1.0000+27559.94%54
APOLLO DIVER logoAPOLLO DIVERApollo Diversified Credit Securitize Fund$95.32M$1.0000+0.38%62
USDAT logoUSDATSaturn Dollar$93.63M$0.9977−2.58%10.30%*63
USUAL logoUSUALUsual USD0$92.72M$1.0000−0.13%62
CUSD logoCUSDCap cUSD$90.12M$0.9998−3.40%0.00%*70
CGUSD logoCGUSDCygnus Finance Global USD$75.85M$0.9953+0.00%40
LISUSD logoLISUSDLista USD$74.99M$0.9978+0.02%1.10%*61
USDSUI logoUSDSUISui Dollar$74.04M$1.0003+1.38%7.97%*63
SKY logoSKYSky RWA$73.60M$1.0000−4.52%62
USDON logoUSDONOndo U.S. Dollar Token$69.98M$1.0000−10.14%54
SUSD logoSUSDsUSD$69.84M$1.0000+33.17%74
MNEE logoMNEEMNEE USD$66.55M$1.0000−10.59%54
MATRIXDOCK X logoMATRIXDOCK XMatrixDock XAUM$66.10M$1.0000−0.73%61
USP logoUSPUSP Stablecoin$65.42M$0.99970.00%66
TRUSD logoTRUSDTori trUSD$64.12M$0.9993+3.87%10.20%*67
THEO NETWORK logoTHEO NETWORKTheo Network thBill$63.52M$1.0000+0.07%61
STUSDT logoSTUSDTstUSDT$62.87M$1.0000+0.96%61
FXUSD logoFXUSDfxUSD$62.59M$0.9995−1.87%68
DUSD logoDUSDStandX DUSD$60.86M$0.9984−7.56%4.58%*64
PMUSD logoPMUSDpmUSDFailed / dead$57.68M$0.61360.00%52
NUSD logoNUSDNeutrl USD$53.39M$1.0000−0.49%71
USDU logoUSDUUnitas$52.46M$0.9997−0.41%68
YZUSD logoYZUSDYuzu USD$51.40M$0.9992+4.08%67
OGY logoOGYORIGYN$51.27M$1.0000+0.02%61
IUSD logoIUSDinfiniFi USD$50.53M$0.9989+5.13%2.90%*66
USDKG logoUSDKGUSDKG$50.03M$1.00050.00%53
FIDD logoFIDDFidelity Digital Dollar$48.92M$0.9995+1.22%59
JUPUSD logoJUPUSDJupUSD$48.39M$0.9991−3.30%5.28%*67
XUSD logoXUSDStraitsX XUSD$46.17M$1.0008+2.22%69
BKN logoBKNBrickken$42.39M$1.0000+0.05%61
TNGBL logoTNGBLTangible RWA$42.37M$1.0000+0.17%61
KAIO logoKAIOKAIO$41.28M$1.0000+0.01%61
USN logoUSNNoon USN$37.25M$0.9992+7.78%64
YUSD logoYUSDAegis YUSD$34.80M$0.9987−2.88%5.44%*69
BEAN logoBEANBeanFailed / dead$33.39M$1.00000.00%54
BOLD logoBOLDLiquity BOLD$30.78M$1.0006+1.82%5.52%*67
MUSD logoMUSDMezo USD$30.70M$0.9910−0.71%5.97%*54
PATHUSD logoPATHUSDPathUSD$30.61M$0.9970−6.31%59
MSUSD logoMSUSDMetronome Synth USDFailed / dead$30.05M$0.7098+2.91%6.60%*55
LUSD logoLUSDLiquity USD$27.84M$1.0039−0.04%0.58%*60
ZEUSD logoZEUSDZoth ZeUSD$27.64M$0.99970.00%53
SPUSD logoSPUSDSoulPeg USD$27.55M$1.0000−0.96%54
GYD logoGYDGyroscope GYD$26.56M$1.00000.00%54
USDO logoUSDOOpenDollar USDO$25.97M$0.9977+0.02%3.10%*61
BUCK logoBUCKBucket Protocol BUCK Stablecoin$25.90M$0.9974−0.01%0.21%*60
EUSD logoEUSDElectronic USD$22.50M$0.9982−3.25%66
USDX logoUSDXHex Trust USDXWinding down$21.76M$0.99210.00%3.50%*52
UTY logoUTYXSY UTY$20.99M$1.00000.00%54
AID logoAIDGAIB AID$20.08M$0.9976−0.38%60
USDR logoUSDRReal USDFailed / dead$20.06M$0.45340.00%39
FUSD logoFUSDFantom USD$18.93M$0.99970.00%53
USDM logoUSDMMegaUSD$17.93M$1.0000−2.19%8.62%*71
TOR logoTORTOR$17.07M$1.00000.00%54
AZND logoAZNDMu Digital AZND$16.33M$1.00000.00%54
MONEY logoMONEYDefi.money$13.98M$0.99810.00%64
HYUSD logoHYUSDHylo HYUSD$13.31M$1.0000−0.46%66
SUIUSDE logoSUIUSDEeSui Dollar$13.09M$0.99940.00%56
USDSM logoUSDSMStable Mint USD$12.38M$0.9926−0.06%39
USDCV logoUSDCVUSD CoinVertible$12.27M$0.9995−1.21%65
USDB logoUSDBUSDB Blast$12.03M$1.0049−0.14%50
HOLLAR logoHOLLARHydrated Dollar$11.48M$1.0000+0.35%54
FEUSD logoFEUSDFelix feUSD$11.11M$0.9971−1.14%7.49%*59
R logoRR$10.72M$0.99970.00%73
PINTO logoPINTOPinto$10.65M$1.0000+0.01%54
D logoDSaga Dollar$10.39M$0.99970.00%73
ALUSD logoALUSDAlchemix USD$9.80M$0.9447+0.65%11.65%*52
USDH logoUSDHUSDH Stablecoin$9.64M$0.9957−1.99%41
USDL logoUSDLLift Dollar$9.00M$1.00000.00%54
RUSD logoRUSDRoyal Dollar$9.00M$1.00000.00%7.70%*71
USDPT logoUSDPTWestern Union USDPT$8.12M$1.0000−7.41%54
USDQ logoUSDQQuantoz USDQ$8.09M$1.00000.00%54
NXUSD logoNXUSDNXUSD$7.74M$1.0000+0.55%54
USDZ logoUSDZAnzen USDz$7.70M$0.95760.00%39
USBD logoUSBDUSBD$7.51M$1.00000.00%54
HONEY logoHONEYHoney$7.49M$1.0014−4.49%63
CTUSD logoCTUSDCitrea USD$6.75M$1.00000.00%54
OUSD logoOUSDOrigin Dollar$6.19M$0.9993+8.40%5.06%*65
CDXUSD logoCDXUSDCod3x USD$6.12M$0.99550.00%41
HOME logoHOMEHomeCoin$6.07M$0.99970.00%53
BTCUSD logoBTCUSDBitcoin USD$5.24M$0.9979−5.98%48
SBC logoSBCStable Coin$5.00M$0.9991+10.31%52
USDST logoUSDSTUSDST$4.93M$0.9992+0.00%5.00%*67
XAI logoXAIXAI$4.86M$0.99970.00%62
USDSC logoUSDSCStartale USD$4.77M$0.9983+0.07%49
FTUSD logoFTUSDFlying Tulip USD$4.39M$0.9978+0.91%59
PAI logoPAIParrot USD$4.22M$1.00000.00%54
FEI logoFEIFei USDWinding down$3.86M$1.0001+0.01%54
DOC logoDOCDollar on Chain$2.86M$0.9997−1.43%53
ASEED logoASEEDaUSD Seed$2.71M$1.00000.00%54
USDRIF logoUSDRIFRIF US Dollar$2.26M$0.9986−0.06%50
DJED logoDJEDDjed StableCoin$2.19M$0.9847−0.91%12.74%*49
SYUSD logoSYUSDSynnax Stablecoin$2.15M$1.0000−2.00%5.49%*66
USDNR logoUSDNRNerona USD$2.06M$0.9997−4.64%53
USSD logoUSSDUS Sonic Dollar$2.05M$1.0000−1.91%54
DLLR logoDLLRSovryn Dollar$1.79M$0.98980.00%39
VAI logoVAIVai$1.77M$0.9978−0.45%48
USD3 logoUSD3Web 3 Dollar$1.77M$1.1066−35.34%14.19%*55
BEATUSD logoBEATUSDHyperbeat USD$1.69M$1.0000−8.04%54
MIM logoMIMMagic Internet MoneyWinding down$1.62M$0.0551−0.29%39
USD+ logoUSD+Streamflow USD+$1.57M$1.0000+0.07%66
USDSO logoUSDSOUSD Somnia$1.53M$0.9998+18.18%54
USDI logoUSDIInterest Protocol$1.53M$0.99970.00%53
USDW logoUSDWUSDW$1.44M$0.99970.00%53
NOTE logoNOTENote$1.19M$0.99970.00%53
ZKUSD logoZKUSDzkUSD Dollar$1.18M$0.99970.00%53
USDGLO logoUSDGLOGlo Dollar$1.12M$0.9970−0.28%45
USK logoUSKUSK$1.07M$1.0000+59.21%54
BNUSD logoBNUSDBalanced Dollars$935.6K$0.9987−0.00%50
CZUSD logoCZUSDCzodiac USD$919.8K$0.99970.00%53
PINA logoPINAMeme Dollar$913.2K$0.99970.00%53
FXD logoFXDFathom Dollar$790.3K$1.00000.00%54
USR logoUSRResolv USDFailed / dead$775.7K$0.12700.00%39
ZUSD logoZUSDZUSDWinding down$726.6K$0.99970.00%68
SCUSD logoSCUSDRings scUSD$665.9K$1.0171−1.39%39
ELUSD logoELUSDElara USD$656.7K$1.0000−0.16%54
EUSD(V2) logoEUSD(V2)eUSD (V2)$618.0K$1.02520.00%39
WUSD logoWUSDWorldwide USDWinding down$610.3K$1.00000.00%66
THUSD logoTHUSDThreshold USD$539.9K$1.00000.00%68
GGUSD logoGGUSDGood Game US Dollar$536.1K$0.9990+0.18%51
PXDC logoPXDCPXDC Stablecoin$521.0K$1.0142−2.21%39
KUSD logoKUSDKolibri USD$505.1K$0.99710.00%64
WEUSD logoWEUSDWEUSD$498.0K$1.0000−0.01%54
USDK logoUSDKUSDK$488.6K$0.99970.00%53
YU logoYUYUFailed / dead$452.9K$0.0201+0.09%58
MANTRAUSD logoMANTRAUSDmantraUSD$434.6K$0.99970.00%53
3USD logo3USD3USD$432.7K$0.9997+0.00%53
GRAI logoGRAIGRAI$419.4K$1.00000.00%54
BNBUSD logoBNBUSDSigma Money bnbUSD$412.4K$0.99970.00%53
BREAD logoBREADBread$405.7K$0.9964−0.53%43
LVLUSD logoLVLUSDLevel USD$404.2K$0.9989−20.99%51
HAI logoHAILets Get HAIFailed / dead$393.9K$1.2812−6.95%39
NECT logoNECTNectar$345.7K$0.9873−1.23%39
ZUNUSD logoZUNUSDZunami USD$303.3K$0.99970.00%53
UXD logoUXDUXD Stablecoin$298.0K$1.0017−0.00%49
USDAF logoUSDAFAsymmetry USDaf V2$296.7K$0.9923+4.60%39
BITUSD logoBITUSDbitSmiley USD$253.4K$0.99970.00%53

Source: usd.net methodology. Regime tags describe an issuer's public registrations, not a rating.

Frequently asked

+ Is an unregulated stablecoin automatically unsafe?

No. Over-collateralised, fully on-chain tokens can be transparent and resilient without a regulator. But you carry the diligence yourself: nobody is checking the reserves on your behalf.