Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric | DAI Dai | USDY Ondo US Dollar Yield | USD0 Usual USD | USDC USD Coin |
|---|---|---|---|---|
| Market Cap | $4.35B | $2.13B | $554.4M | $76.40B |
| Peg Status | STABLE | UNKNOWN | STABLE | STABLE |
| Peg Deviation | 0.030% | — | 0.150% | 0.034% |
| Issuer | MakerDAO | Ondo Finance | Usual Protocol | Circle |
| Issuer Type | Decentralized DAO | Centralized | Algorithmic Protocol | Centralized |
| Jurisdiction | Unregulated | Foreign regulated | EU regulated | US regulated |
| Reserve Transparency | On-Chain | Audited Reports | On-Chain | Audited Reports |
| Redemption Rights | 1:1 par · Instant (On-Chain) | 1:1 par · 3-5 Business Days | 1:1 par · ≤2 Business Days | 1:1 par · ≤2 Business Days |
| Governance | DAO Governance | Issuer Controlled | DAO Governance | Issuer Controlled |
| Compliance Score | C+56/100 | B-64/100 | B-61/100 | A92/100 |
| Yield Eligibility | Not eligible | Not eligible | Not eligible | Eligible |
| Last Updated | Today | Today | Today | Today |
| Decision Summary | WatchMethodology classification — not investment advice.Confidence:high | WatchMethodology classification — not investment advice.Confidence:low | WatchMethodology classification — not investment advice.Confidence:high | ApprovedMethodology classification — not investment advice.Confidence:high |
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.