#1 ranked
Tether
The most-traded dollar in crypto markets
stablecoin issuer El Salvador
Tokens
2
Mkt cap
$140B+
Founded
2014
Last audit
Q1 2025
Featured issuers
#2 ranked
Circle Internet Financial
Bringing dollars to the open internet
stablecoin issuer New York, USA
Tokens
2
Mkt cap
$60B+
Founded
2013
Last audit
Monthly 2025
#3 ranked
Lido DAO
Liquid staking for the proof-of-stake era
dao Decentralised
Tokens
3
Mkt cap
$25B+
Founded
2020
Last audit
Recurring
#4 ranked
Sky (formerly MakerDAO)
On-chain dollars without a bank
dao Decentralised
Tokens
3
Mkt cap
$8B+
Founded
2014
Last audit
Continuous on-chain
All tracked issuers
| # | Issuer | Type | HQ | Tokens | Last audit | |
|---|---|---|---|---|---|---|
| 1 | | stablecoin issuer | El Salvador | 2 | Audit pending | View → |
| 2 | | stablecoin issuer | New York, USA | 2 | Audit pending | View → |
| 3 | | dao | Decentralised | 3 | Audit pending | View → |
| 4 | | dao | Decentralised | 3 | Audit pending | View → |
| 5 | | stablecoin issuer | Hong Kong | 1 | Audit pending | View → |
| 6 | | foundation | Cayman Islands | 1 | Audit pending | View → |
| 7 | | exchange | Global (no declared HQ) | 1 | Audit pending | View → |
| 8 | | foundation | Zug, Switzerland | 1 | Audit pending | View → |
| 9 | | exchange | Remote-first, USA | 2 | Audit pending | View → |
| 10 | | foundation | Zug, Switzerland | 1 | Audit pending | View → |
| 11 | | l1 company | San Francisco, USA | 2 | Audit pending | View → |
| 12 | | foundation | Zug, Switzerland | 1 | Audit pending | View → |
| 13 | | l1 company | New York, USA | 1 | Audit pending | View → |
| 14 | | foundation | Zug, Switzerland | 2 | Audit pending | View → |
Best for
Most transparent
Ranked by recency of the most recent published attestation.
- 1 Avalanche Foundation pending
- 2 Binance pending
- 3 Cardano Foundation pending
- 4 Circle Internet Financial pending
- 5 Coinbase pending
Best for
Largest by AUM
Ranked by aggregate market cap of all tokens issued.
- 1 Tether $140B+
- 2 Circle Internet Financial $60B+
- 3 Lido DAO $25B+
- 4 Sky (formerly MakerDAO) $8B+
- 5 First Digital Labs $2B+
Best for
Most regulated
Ranked by count of active regulator licenses across jurisdictions.
- 1 Coinbase 4 licenses
- 2 Binance 3 licenses
- 3 Ripple Labs 3 licenses
- 4 Circle Internet Financial 2 licenses
- 5 Tether 2 licenses
METHODOLOGY · How we vet issuers
The verification rubric
Every issuer profile is built from primary sources — corporate registry filings, regulator public databases, audit firm websites, and on-chain reserve attestations. We do not accept payment for placement, ordering, or favourable copy. Profiles are reviewed quarterly and on any material event (new audit, regulatory action, leadership change).
1.2xTransparency
Audit recency, reserve disclosures, breakdown granularity, and public communication cadence.
1.2xRegulation
Active licenses on public regulator registries, jurisdiction count, and operational status flags.
1.0xScale
Aggregate market cap of tokens issued, on-chain reserve size, and operational tenure.
1.0xGovernance
Public leadership, ownership structure, parent-company disclosure, and conflict-of-interest visibility.
1.0xRisk events
Documented incidents, regulator actions, depeg events, custody failures — weighted by recency and resolution.
1.0xEngineering
Smart-contract audit history, bug-bounty program presence, and incident-response track record.
We accept no payment for placement. Issuer rankings are produced entirely by the editorial team. There are no affiliate links on issuer profiles.
Common questions
How does InteractiveCrypto choose which issuers to profile?
We profile every entity that issues a token tracked in our market data feed, plus the foundations behind the L1 chains we cover. Every entity must resolve to a real legal person on a public corporate registry — we don't profile shell or anonymous-team projects. New issuers are added quarterly as our coverage expands.
Are the rankings influenced by anything other than editorial verification?
No. Issuers do not pay for placement, ordering, or any of the 'Best for' rankings. Unlike our brokers directory, there are no affiliate links on issuer profiles — the rankings exist purely to help readers evaluate counterparty risk.
How is 'Most transparent' calculated?
We score by audit recency (days since the most recent published attestation), report granularity (line-item reserves vs. headline number), and the auditor's standing. The most recent attestation date is shown on every profile and used as the primary sort key.
How is 'Most regulated' calculated?
We count active licenses across jurisdictions where each issuer maintains operational status. Pending applications and restricted statuses are excluded from the count. Each license is verified against the regulator's public registry and dated in the profile's regulation table.
What does 'Audit pending' mean on a profile?
It means the issuer has not published an attestation within the last 90 days, or our editorial team has not yet verified the most recent one. We don't carry over stale audit dates from third-party trackers — pending stays until we verify the report ourselves.
Where can I report a missing or incorrect issuer profile?
Use the corrections email shown in the masthead. Issuer corrections are logged on the public corrections page and the profile is updated within 48 hours of verification, in line with our newsroom corrections policy.