Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric | USAT USAT Proxy score | GHO GHO | USDE Ethena USDe | PYUSD PayPal USD |
|---|---|---|---|---|
| Market Cap | $159.5M | $583.4M | $4.45B | $3.58B |
| Peg Status | STABLE | STABLE | STABLE | STABLE |
| Peg Deviation | 0.089% | 0.078% | 0.086% | 0.021% |
| Issuer | Unknown | Aave DAO | Ethena Labs | Paxos / PayPal |
| Issuer Type | — | Decentralized DAO | Algorithmic Protocol | Centralized |
| Jurisdiction | Unknown | Unregulated | Foreign regulated | US regulated |
| Reserve Transparency | None/Opaque | On-Chain | 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 |
| Governance | — | DAO Governance | DAO Governance | Issuer Controlled |
| Compliance Score | D25/100 | C+58/100 | C45/100 | A+95/100 |
| Yield Eligibility | Not eligible | Not eligible | Not eligible | Eligible |
| Last Updated | Today | Today | Today | Today |
| Decision Summary | AvoidMethodology classification — not investment advice.Confidence:low | WatchMethodology classification — not investment advice.Confidence:high | 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.