Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric | FDUSD First Digital USD | USD0 Usual USD | PYUSD PayPal USD | U United Stables Proxy score |
|---|---|---|---|---|
| Market Cap | $351.9M | $553.2M | $2.77B | $1.01B |
| Peg Status | STABLE | STABLE | STABLE | STABLE |
| Peg Deviation | 0.188% | 0.079% | 0.018% | 0.011% |
| Issuer | First Digital Labs | Usual Protocol | Paxos / PayPal | Unknown |
| Issuer Type | Centralized | Algorithmic Protocol | Centralized | — |
| Jurisdiction | Foreign regulated | EU regulated | US regulated | Unknown |
| Reserve Transparency | Audited Reports | On-Chain | Audited Reports | None/Opaque |
| Redemption Rights | 1:1 par · ≤2 Business Days | 1:1 par · ≤2 Business Days | 1:1 par · ≤2 Business Days | — |
| Governance | Issuer Controlled | DAO Governance | Issuer Controlled | — |
| StableLens Score | B+82/100 | B-61/100 | A+95/100 | D25/100 |
| Yield Eligibility | Eligible | Not eligible | Eligible | Not eligible |
| Last Updated | Today | Today | Today | Today |
| Decision Summary | WatchMethodology classification — not investment advice.Confidence:high | WatchMethodology classification — not investment advice.Confidence:high | ApprovedMethodology 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.