The stablecoin market exceeds $230B. But who custodies the reserves? How do you verify them? We score every stablecoin issuer and custody provider on the questions that matter most.
USDC reserves custodied by BlackRock (Circle Reserve Fund) and BNY Mellon. Monthly attestations by Deloitte. Most transparent stablecoin issuer and GENIUS Act ready.
NY DFS-regulated trust company. Issues PYUSD for PayPal, USDP, and Pax Gold (PAXG). Monthly attestations by WithumSmith+Brown. Strongest regulatory position of any stablecoin issuer.
World's largest custodian bank ($52T+ in assets under custody). Holds USDC cash reserves for Circle. Custodies assets for 11 Bitcoin ETFs. Unmatched regulatory credibility and balance sheet.
Acquired by Stripe for $1.1B. Stablecoin orchestration layer powering cross-border payments, on/off-ramps, and stablecoin issuance for enterprises. Developer-first API design.
The first federal stablecoin law mandates segregated reserve custody, regulated custodians, and monthly attestations. Our guide breaks down what it means for every issuer.
Read the GENIUS Act GuideThe complete guide to stablecoin custody: reserve models, custodian profiles, verification methods, and how to evaluate any stablecoin.
Reserve custody comparison: BlackRock/BNY Mellon vs Cantor Fitzgerald. Audit vs attestation. GENIUS Act readiness.
What the GENIUS Act requires for reserve custody: segregation mandates, attestation rules, and compliance timelines.
Every stablecoin issuer and custody provider scored across six categories. Filter, sort, and compare.
Live stablecoin market cap, flows, and on-chain analytics. Charts from DefiLlama and Dune.
Weekly analysis on stablecoin reserves, GENIUS Act compliance, and custody architecture changes. No spam. Unsubscribe anytime.
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