Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric | USDP Pax Dollar | USDTB USDtb Proxy score | PAXG PAX Gold Proxy score |
|---|---|---|---|
| Market Cap | $31.9M | $1.01B | $2.04B |
| Peg Status | STABLE | STABLE | UNKNOWN |
| Peg Deviation | 0.065% | 0.052% | — |
| Issuer | Paxos | Ethena Labs | Paxos |
| Issuer Type | Centralized | Algorithmic Protocol | Centralized |
| Jurisdiction | US regulated | Unknown | Unknown |
| Reserve Transparency | Audited Reports | On-Chain | Audited Reports |
| Redemption Rights | 1:1 par · ≤2 Business Days | — | — |
| Governance | Issuer Controlled | DAO Governance | Issuer Controlled |
| StableLens Score | A+95/100 | B70/100 | D28/100 |
| Yield Eligibility | Eligible | Not eligible | Not eligible |
| Last Updated | Today | Today | Today |
| Decision Summary | ApprovedMethodology classification — not investment advice.Confidence:high | 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.