Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric | USDY Ondo US Dollar Yield | PYUSD PayPal USD | USDT Tether | USDC USD Coin |
|---|---|---|---|---|
| Market Cap | $2.14B | $3.58B | $189.44B | $76.40B |
| Peg Status | UNKNOWN | STABLE | STABLE | STABLE |
| Peg Deviation | — | 0.011% | 0.090% | 0.026% |
| Issuer | Ondo Finance | Paxos / PayPal | Tether | Circle |
| Issuer Type | Centralized | Centralized | Centralized | Centralized |
| Jurisdiction | Foreign regulated | US regulated | Foreign regulated | US regulated |
| Reserve Transparency | Audited Reports | Audited Reports | 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 | 1:1 par · ≤2 Business Days |
| Governance | Issuer Controlled | Issuer Controlled | Issuer Controlled | Issuer Controlled |
| Compliance Score | B-64/100 | A+95/100 | B71/100 | A92/100 |
| Yield Eligibility | Not eligible | Eligible | Not eligible | Eligible |
| Last Updated | Today | Today | Today | Today |
| Decision Summary | WatchMethodology classification — not investment advice.Confidence:low | ApprovedMethodology classification — not investment advice.Confidence:high | WatchMethodology classification — not investment advice.Confidence:high | ApprovedMethodology 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.