Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric | USDS USDS | APXUSD apxUSD Proxy score | USDG Global Dollar Proxy score | USDT Tether |
|---|---|---|---|---|
| Market Cap | $11.10B | $518.9M | $2.75B | $189.46B |
| Peg Status | STABLE | STABLE | STABLE | STABLE |
| Peg Deviation | 0.042% | 0.027% | 0.037% | 0.097% |
| Issuer | Sky (formerly MakerDAO) | Unknown | Paxos | Tether |
| Issuer Type | Decentralized DAO | — | Centralized | Centralized |
| Jurisdiction | Unregulated | Unknown | Unknown | Foreign regulated |
| Reserve Transparency | On-Chain | None/Opaque | Audited Reports | Audited Reports |
| Redemption Rights | 1:1 par · Instant (On-Chain) | — | — | 1:1 par · ≤2 Business Days |
| Governance | DAO Governance | — | Issuer Controlled | Issuer Controlled |
| Compliance Score | C+56/100 | C40/100 | B-63/100 | B71/100 |
| Yield Eligibility | Not eligible | Not eligible | Not eligible | Not eligible |
| Last Updated | Today | Today | Today | Today |
| Decision Summary | WatchMethodology classification — not investment advice.Confidence:high | WatchMethodology classification — not investment advice.Confidence:low | WatchMethodology classification — not investment advice.Confidence:low | 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.