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$0.9991-0.03% (24h)
Mkt Cap$184.00B
FDV$189.46B
Vol 24h$57.72B
TVLN/A
7d-0.06%
30d-0.08%
ATH$1.32reached July 2018
From ATH-24.31%
Market data: 23h ago
Risk score data: 1d ago
AI briefing data: 67d ago

AI Briefing

Grade BBB · Dominant but risky

Market-dominant stablecoin with significant counterparty and regulatory risks requiring careful monitoring.

Risk findings (4)

High risk (3)
Medium risk (1)

Quick checks

3 pass2 warn3 fail
Audit
Team
GitHub
Supply cap
FDV/MC
Vesting
Liquidity
Regulatory

Investment perspective

+Market-leading liquidity and adoption across DeFi; $34B daily volume ensures reliable settlement globally.
+Stable $1.00 peg maintained despite regulatory and historical crises; no bankruptcy signal from reserves.
+No vesting or inflation; FDV/MC 1.03 minimizes dilution risk to holders.
Read full analysis →

This is AI-generated analysis for informational purposes only, not financial advice. Always do your own research.

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Risk Matrix

Impact ↓ / Likelihood →highmediumlow
high—
2 risks
—
medium—
3 risks
—
low—
1 risk
—

Click a cell to expand risks

Dimension Breakdown

Smart Contract Risk (25%)40
Reserve Backing (20%)85
Adoption & Liquidity (20%)75
Issuer Transparency (15%)55
Regulatory Standing (10%)55
Peg Stability (10%)95

Risk Score

Computed 10/13/2026 · v2.3 · coverage 100% · confidence 92%
How is this score calculated?

All Flags (6)

  • • Contracts upgradeable by issuer — counterparty risk
  • • Issuer can freeze / blacklist holder addresses
  • • Quarterly attestations (less frequent than peers)
  • • 2021 CFTC settlement ($41M) for misleading reserve claims
  • • 2017 lost banking relationships, depegged briefly
  • • Restricted: EU (MiCA non-compliant — major exchange delistings)

Not Assessed (1)

  • · No audit on file — not assessed

About

Largest USD-pegged stablecoin by market capitalisation.

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