Data questions
How much do tracked issuers report in reserves?
Each row carries the reserve total an issuer reported in its most recent attestation, passed through exactly as published. The headline above the table is ReserveBeat's own sum of those rows, computed on this page load. It is a total across separate issuers and no issuer reports it.
The answer, from the board
Sum of the reserve totals below, computed by ReserveBeat
$275,851,822,942.770000
This answer contains a figure ReserveBeat computes rather than one an issuer published. It is labelled as computed wherever it appears, and the exact calculation is written down. How every published figure is derived
| Stablecoin | Total reserves reported | As-of date | Reporting scope |
|---|---|---|---|
| OUSD (Bridge Building Inc.) | 40741.770000 | 2026-08-31 | SINGLE_TOKEN |
| As reported in Bridge Building Inc.'s attestation dated 2026-08-31. | |||
| PYUSD (Paxos Trust (PayPal USD)) | 2893935877.000000 | 2026-08-31 | SINGLE_TOKEN |
| As reported in Paxos Trust (PayPal USD)'s attestation dated 2026-08-31. | |||
| RLUSD (Standard Custody (Ripple USD)) | 2446312864.000000 | 2026-08-31 | SINGLE_TOKEN |
| As reported in Standard Custody (Ripple USD)'s attestation dated 2026-08-31. | |||
| U (United Stables Limited) | 1284976249.000000 | 2026-08-31 | SINGLE_TOKEN |
| As reported in United Stables Limited's attestation dated 2026-08-31. | |||
| USD1 (BitGo) | 4195716067.000000 | 2026-08-31 | SINGLE_TOKEN |
| As reported in BitGo's attestation dated 2026-08-31. | |||
| USDC (Circle) | 73398532613.000000 | 2026-08-31 | SINGLE_TOKEN |
| As reported in Circle's attestation dated 2026-08-31. | |||
| USDG (Paxos) | 3350462467.000000 | 2026-08-31 | SINGLE_TOKEN |
| As reported in Paxos's attestation dated 2026-08-31. | |||
| USDT (Tether) | 187751426411.000000 | 2026-06-30 | CONSOLIDATED_GROUP |
| As reported in Tether's attestation dated 2026-06-30. | |||
| USDtb (Anchorage Digital) | 530419653.000000 | 2026-08-31 | SINGLE_TOKEN |
| As reported in Anchorage Digital's attestation dated 2026-08-31. | |||
Every row figure is reproduced character for character from the report it came from and is never recomputed or rounded here. The rows carry different as-of dates, so the sum spans several reporting instants and should be read as a scale indicator rather than a balance held on any single date. A consolidated group report states one total across every token it covers, so its row carries that group total and the sum counts it once.
Terms used in this answer
Definitions live in the learn section. ReserveBeat defines terms in one place and links to it.
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- ReserveBeat research · How this page is produced
- Newest data timestamp in this answer
Timestamps reflect the underlying data — when a figure was captured or a report was published — never when a page was built.
Questions
Common questions
Where do the answers on these pages come from?
Each page reads ReserveBeat's own board when you load it. Figures published by issuers pass through exactly as they appear in the attestation reports ReserveBeat parsed; anything ReserveBeat works out itself is labelled as computed and the calculation is written down.
Why is an answer sometimes empty?
Because ReserveBeat holds nothing for it. An empty cell is never filled with a zero, an estimate, or a figure carried over from somewhere else, and a whole answer is withheld rather than shown stale while the board is under review.
Do these pages define the terms they use?
No. Definitions live in the learn section and are written once. These pages answer questions whose answer is a figure or a state read from the board, and they link to the learn section for the vocabulary.
How often do the answers change?
Whenever the underlying board changes. Nothing on these pages is cached as text, so a new attestation report or a correction shows up on the next page load without anyone rewriting the page.