Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric | USAT USAT Proxy score | USDE Ethena USDe | USDT Tether | PAXG PAX Gold Proxy score |
|---|---|---|---|---|
| Market Cap | $159.4M | $4.45B | $189.41B | $2.14B |
| Peg Status | STABLE | STABLE | STABLE | UNKNOWN |
| Peg Deviation | 0.136% | 0.108% | 0.106% | — |
| Issuer | Unknown | Ethena Labs | Tether | Paxos |
| Issuer Type | — | Algorithmic Protocol | Centralized | Centralized |
| Jurisdiction | Unknown | Foreign regulated | Foreign regulated | Unknown |
| Reserve Transparency | None/Opaque | On-Chain | Audited Reports | Audited Reports |
| Redemption Rights | — | 1:1 par · 3-5 Business Days | 1:1 par · ≤2 Business Days | — |
| Governance | — | DAO Governance | Issuer Controlled | Issuer Controlled |
| Compliance Score | D25/100 | C45/100 | B71/100 | D28/100 |
| Yield Eligibility | Not eligible | Not eligible | Not eligible | Not 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 | 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.