Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric | BUSD Binance-Peg BUSD Proxy score | USDG Global Dollar Proxy score | USDE Ethena USDe | PAXG PAX Gold Proxy score |
|---|---|---|---|---|
| Market Cap | $282.9M | $2.61B | $4.51B | $2.04B |
| Peg Status | STABLE | STABLE | STABLE | UNKNOWN |
| Peg Deviation | 0.000% | 0.020% | 0.141% | — |
| Issuer | Binance (Paxos) | Paxos | Ethena Labs | Paxos |
| Issuer Type | Centralized | Centralized | Algorithmic Protocol | Centralized |
| Jurisdiction | Unknown | Unknown | Foreign regulated | Unknown |
| Reserve Transparency | Audited Reports | Audited Reports | On-Chain | Audited Reports |
| Redemption Rights | — | — | 1:1 par · 3-5 Business Days | — |
| Governance | Issuer Controlled | Issuer Controlled | DAO Governance | Issuer Controlled |
| StableLens Score | B-63/100 | B-63/100 | C45/100 | D28/100 |
| Yield Eligibility | Not eligible | Not eligible | Not eligible | Not eligible |
| Last Updated | Today | Today | Today | Today |
| Decision Summary | WatchMethodology classification — not investment advice.Confidence:low | WatchMethodology classification — not investment advice.Confidence:low | WatchMethodology classification — not investment advice.Confidence:high | AvoidMethodology classification — not investment advice.Confidence:low |
Verdicts are StableLens methodology classifications — Approved / Watch / Avoid / Insufficient — not investment advice. Compliance score is the canonical 6-dimension regulatory rubric (when a profile exists) or capped fallback (when not). See methodology.