Regulatory Compliance

Institutional-grade compliance ratings powered by GENIUS Act and CLARITY Act frameworks. Each stablecoin is scored across 6 regulatory dimensions.

Avg Score

45/100

Compliance Ratings

7 stablecoins rated — 17 with full regulatory profiles

Source: GENIUS Act + CLARITY Act Framework

Asset	Issuer	Type	Treasury	Peg	GENIUS	CLARITY	Score
USDS USDS	Sky (formerly MakerDAO)	Decentralized DAO	On-Chain	STABLE	NOT READY	NON-COMPLIANT	C+56/100
Ethena USDe USDE	Ethena Labs	Algorithmic Protocol	On-Chain	STABLE	NOT READY	NON-COMPLIANT	C45/100
USD1 USD1	World Liberty Financial	Centralized	None/Opaque	STABLE	NOT READY	NON-COMPLIANT	C40/100
Dai DAI	MakerDAO	Decentralized DAO	On-Chain	STABLE	NOT READY	NON-COMPLIANT	C+56/100
GHO GHO	Aave DAO	Decentralized DAO	On-Chain	STABLE	NOT READY	NON-COMPLIANT	C+58/100
crvUSD CRVUSD	Curve Finance	Decentralized DAO	On-Chain	STABLE	NOT READY	NON-COMPLIANT	C+58/100
Frax FRAX	Frax Finance	Algorithmic Protocol	On-Chain	STABLE	NOT READY	NON-COMPLIANT	C+57/100

Regulatory Scoring Methodology

6-dimension framework derived from the GENIUS Act (S.1582, signed July 2025) and CLARITY Act (H.R.3633, passed House July 2025).

Reserve Composition

20 points

GENIUS Act permitted assets: cash, T-Bills (≤93d), repos (≤7d), govt MMFs. 1:1 backing, segregated, no rehypothecation.

Audit & Transparency

20 points

Monthly attestation by PCAOB-registered auditor, CEO/CFO certification, on-chain verification, public reserve breakdown.

Redemption Rights

15 points

1:1 at par within 2 business days, direct fiat redemption, transparent fees, surge capacity policy.

Issuer Licensing

15 points

Federal (OCC/Fed) or NYDFS regulated, BSA/AML compliant, $10B threshold compliance.

Consumer Protection

15 points

Bankruptcy-remote reserves, no yield to holders (GENIUS Act), limited permissible activities.

CLARITY Classification

15 points

Qualifies as permitted payment stablecoin (not security/commodity), low SEC enforcement risk.

GENIUS Act

Signed into law July 2025 — Effective Jan 2027

1:1 reserve backing with permitted assets only
Monthly attestation by registered public accounting firm
2 business day redemption at par
Issuers must be FDIC-insured or Fed-approved
>$10B must transition to federal oversight
>$50B must publish PCAOB-audited annual statements
No yield/interest paid to stablecoin holders

CLARITY Act

Passed House July 2025 — In Senate Committee

Payment stablecoins are NOT securities or commodities
SEC/CFTC retain anti-fraud jurisdiction only
Banking regulators supervise stablecoin issuers
Must meet “permitted payment stablecoin” definition
Fiat-pegged, 1:1 redeemable, issued by regulated entity
Brokers/banks may custody and trade without securities concerns

Disclaimer: Compliance scores are informational only and do not constitute financial or legal advice. Scores marked with * use a legacy 3-factor model (issuer, treasury, peg). Full 6-dimension regulatory scores are available for stablecoins with detailed profiles. The GENIUS Act effective date is January 18, 2027 — “GENIUS Ready” indicates current compliance with the Act's requirements, not formal regulatory certification.