Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric | USDT Tether | APXUSD apxUSD Proxy score | PYUSD PayPal USD | TUSD TrueUSD |
|---|---|---|---|---|
| Market Cap | $189.41B | $518.9M | $3.59B | $494.1M |
| Peg Status | STABLE | STABLE | STABLE | STABLE |
| Peg Deviation | 0.108% | 0.040% | 0.006% | 0.102% |
| Issuer | Tether | Unknown | Paxos / PayPal | Archblock (TrustToken) |
| Issuer Type | Centralized | — | Centralized | Centralized |
| Jurisdiction | Foreign regulated | Unknown | US regulated | US regulated |
| Reserve Transparency | Audited Reports | None/Opaque | Audited Reports | Audited Reports |
| Redemption Rights | 1:1 par · ≤2 Business Days | — | 1:1 par · ≤2 Business Days | 1:1 par · ≤2 Business Days |
| Governance | Issuer Controlled | — | Issuer Controlled | Issuer Controlled |
| Compliance Score | B71/100 | C40/100 | A+95/100 | B+84/100 |
| Yield Eligibility | Not eligible | Not eligible | Eligible | Eligible |
| Last Updated | Today | Today | Today | Today |
| Decision Summary | WatchMethodology classification — not investment advice.Confidence:high | WatchMethodology classification — not investment advice.Confidence:low | ApprovedMethodology 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.