Data questions
Which stablecoins report on a consolidated basis?
Some issuers attest to a single token's reserves and others report across a consolidated group, which makes the two kinds of figure not directly comparable. The table prints the scope each issuer's most recent report declares, read from the report rather than assigned by ReserveBeat.
The answer, from the board
| Stablecoin | Reporting scope |
|---|---|
| OUSD (Bridge Building Inc.) | SINGLE_TOKEN |
| As reported in Bridge Building Inc.'s attestation dated 2026-08-31. | |
| PYUSD (Paxos Trust (PayPal USD)) | SINGLE_TOKEN |
| As reported in Paxos Trust (PayPal USD)'s attestation dated 2026-08-31. | |
| RLUSD (Standard Custody (Ripple USD)) | SINGLE_TOKEN |
| As reported in Standard Custody (Ripple USD)'s attestation dated 2026-08-31. | |
| U (United Stables Limited) | SINGLE_TOKEN |
| As reported in United Stables Limited's attestation dated 2026-08-31. | |
| USD1 (BitGo) | SINGLE_TOKEN |
| As reported in BitGo's attestation dated 2026-08-31. | |
| USDC (Circle) | SINGLE_TOKEN |
| As reported in Circle's attestation dated 2026-08-31. | |
| USDG (Paxos) | SINGLE_TOKEN |
| As reported in Paxos's attestation dated 2026-08-31. | |
| USDT (Tether) | CONSOLIDATED_GROUP |
| USDtb (Anchorage Digital) | SINGLE_TOKEN |
| As reported in Anchorage Digital's attestation dated 2026-08-31. | |
Where a report covers a consolidated group, the reserve figures attached to that token describe the whole group and not the token alone, so ranking it against a single-token issuer compares two different things. An empty scope means the most recent parsed report did not declare one.
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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- 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.