Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric | USDF Falcon USD Proxy score | USDY Ondo US Dollar Yield | USDTB USDtb Proxy score | XAUT Tether Gold Proxy score |
|---|---|---|---|---|
| Market Cap | $1.75B | $2.14B | $1.09B | $2.70B |
| Peg Status | STABLE | UNKNOWN | STABLE | UNKNOWN |
| Peg Deviation | 0.312% | — | 0.084% | — |
| Issuer | Falcon Finance | Ondo Finance | Ethena Labs | Tether |
| Issuer Type | Centralized | Centralized | Algorithmic Protocol | Centralized |
| Jurisdiction | Unknown | Foreign regulated | Unknown | Unknown |
| Reserve Transparency | Audited Reports | Audited Reports | On-Chain | Audited Reports |
| Redemption Rights | — | 1:1 par · 3-5 Business Days | — | — |
| Governance | Issuer Controlled | Issuer Controlled | DAO Governance | Issuer Controlled |
| Compliance Score | B-63/100 | B-64/100 | B70/100 | D28/100 |
| Yield Eligibility | Not eligible | Not eligible | Not eligible | Not eligible |
| Last Updated | Today | Today | Today | Today |
| Decision Summary | WatchMethodology classification — not investment advice.Confidence:low | WatchMethodology classification — not investment advice.Confidence:low | WatchMethodology classification — not investment advice.Confidence:low | 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.