Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric |  USDE Ethena USDe |  USDT Tether | USDT0 USDT0 |
|---|---|---|---|
| Market Cap | $4.60B | $183.49B | $4.06B |
| Peg Status | STABLE | STABLE | STABLE |
| Peg Deviation | -0.045% | -0.034% | -0.038% |
| Issuer | Ethena Labs | Tether | Everdawn Labs |
| Issuer Type | Algorithmic Protocol | Centralized | Centralized |
| Jurisdiction | Foreign regulated | Foreign regulated | Unknown |
| Reserve Transparency | On-Chain | Audited Reports | Audited Reports |
| Redemption Rights | 1:1 par · 3-5 Business Days | 1:1 par · ≤2 Business Days | 1:1 par · ≤2 Business Days |
| Governance | DAO Governance | Issuer Controlled | Issuer Controlled |
| StableLens Score | C45/100 | B71/100 | B-61/100 |
| Yield Eligibility | Not eligible | Not eligible | Not eligible |
| Last Updated | Today | Today | Today |
| Decision Summary | WatchMethodology classification — not investment advice.Confidence:high | WatchMethodology classification — not investment advice.Confidence:high | WatchMethodology 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.
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USDC
USDS
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USD1
USDG
PYUSD
XAUT
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PAXG
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USDGO
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BFUSD
U
GHO
USD0
YLDS
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USDTB
EURC