Peg stress
Stablecoins can move away from $1 during market stress.
Stablecoin risk signals and wallet alerts.
Stablecoin risk signals and wallet alerts.
Blockbasis
Choose the stablecoins you care about. Blockbasis watches peg, liquidity, issuer, reserve, freeze, regulatory, and security signals — then emails you when something important changes.
Create a watchlist, or scan a public wallet to detect stablecoins.
Stablecoins can move away from $1 during market stress.
Backing, attestations, reserve quality, and issuer actions can change.
Some stablecoins can be frozen, and exchanges or DeFi protocols add separate risks.
Rules-based scoring across peg pressure, market resilience, and supply behavior, designed to stay legible and auditable.
The Index tracks public stablecoin risk signals. Blockbasis Watch applies those signals to the stablecoins in your watchlist.
Blockbasis WatchSelect USDC, USDT, USDe or other stablecoins. Blockbasis emails you when important risk signals change.
Public wallet scan is optional and read-only.
Last updated Aug 7, 2026, 12:00 AM UTC
Stablecoin type matters because different designs can fail in different ways.
Reviewed profiles require source-backed metadata and a recorded review date. Partial is the default when freshness, confidence, or sources are incomplete.
Latest signal is generated from rules-based score and market metric changes.
| Latest signal | View | ||||||
|---|---|---|---|---|---|---|---|
| #1 | USD Coin Circle Fiat-backedPartial profile | $71.9B | 0 events max 0.05% | Green | Info: USDC reached a new 30d peg stress high | ||
| #2 | Tether USDt Tether Reserve-backedPartial profile | $183.4B | 0 events max 0.10% | Green | No recent signal | ||
| #3 | PayPal USD PayPal Fiat-backedPartial profile | $2.8B | 0 events max 0.04% | Green | Watch: PYUSD supply contracted 7.4% in 7 days | ||
| #4 | First Digital USD First Digital Fiat-backedPartial profile | $350,874,813 | 0 events max 0.32% | Green | No recent signal | ||
| #5 | Dai Sky Mixed collateralPartial profile | $4.6B | 0 events max 0.02% | Green | Watch: DAI moved to #5 by market cap | ||
| #6 | TrueUSD TrueUSD Fiat-backedPartial profile | $492,209,525 | 0 events max 0.49% | Green | Info: TUSD reached a new 30d peg stress high | ||
| #7 | Fei USD Fei Protocol Crypto-backedPartial profile | $3,602,868 | 0 events max 0.09% | Green | Info: FEI moved from Yellow to Green | ||
| #8 | Sky Dollar Sky Mixed collateralPartial profile | $9.9B | 0 events max 0.02% | Yellow | Info: USDS moved from Green to Yellow | ||
| #9 | USDD TRON DAO Reserve Crypto-backedPartial profile | $1.6B | 0 events max 0.22% | Yellow | Info: USDD moved from Orange to Yellow | ||
| #10 | crvUSD Curve Crypto-backedPartial profile | $212,807,823 | 0 events max 0.26% | Yellow | Watch: CRVUSD health score fell 13.3 points | ||
| #11 | Agora Dollar Agora Fiat-backedPartial profile | $214,523,474 | 0 events max 0.09% | Yellow | Warning: AUSD supply contracted 11.3% in 7 days | ||
| #12 | Ethena USDe Ethena Synthetic / delta-neutralPartial profile | $3.9B | 0 events max 0.13% | Yellow | Watch: USDE supply contracted 5.3% in 7 days | ||
| #13 | Euro Coin Circle Fiat-backedPartial profile | $453,633,803 | 31 events max 15.49% | Orange | Warning: EURC moved from Yellow to Orange | ||
| #14 | Liquity USD Liquity Crypto-backedPartial profile | $27,848,065 | 10 events max 0.79% | Orange | Warning: LUSD moved from Red to Orange | ||
| #15 | USDB Blast Fiat-backedPartial profile | $11,939,085 | 8 events max 0.90% | Orange | Info: USDB health score rose 9.3 points | ||
| #16 | sUSDS Sky Crypto-backedPartial profile | $4.8B | 31 events max 10.59% | Orange | Info: SUSDS supply expanded 10.1% in 7 days | ||
| #17 | Mountain Protocol USDM Mountain Protocol Fiat-backedPartial profile | $1,400,629 | 10 events max 1.61% | Orange | Info: USDM health score rose 9.6 points | ||
| #18 | USDH Hyperliquid Crypto-backedPartial profile | $21,113,110 | 10 events max 2.87% | Red | Warning: USDH reached a new 30d peg stress high | ||
| #19 | Alchemix USD Alchemix Crypto-backedPartial profile | $9,723,339 | 31 events max 7.12% | Red | Warning: ALUSD moved from Orange to Red | ||
| #20 | Frax Frax Finance Mixed collateralPartial profile | $217,263,752 | 31 events max 1.20% | Red | Warning: FRAX moved from Orange to Red | ||
| #21 | Savings Dai Sky Crypto-backedPartial profile | $170,933,288 | 31 events max 24.83% | Red | Warning: SDAI moved from Orange to Red | ||
| #22 | USDX USDX Unknown typePartial profile | $5,133,952 | 13 events max 99.27% | Red | Warning: USDX reached a new 30d peg stress high | ||
| #23 | Magic Internet Money Abracadabra Crypto-backedPartial profile | $5,739,388 | 31 events max 93.41% | Red | Watch: MIM health score fell 9.6 points |
The index tracks observed peg deviation behavior, market volatility, market cap stability, and volume trend context for major stablecoins.
Health Score v1 is a deterministic weighted score from five components: peg pressure, volatility, market cap stability, volume trend, and a disclosure subscore derived from profile transparency fields.
Rules-based risk events from day-over-day score and market metric changes.
Aug 7, 2026, 12:02 AM UTC
warningUnknown · Warning · 24h · Medium confidence
Health score moved from 44.2 to 50.8, triggering a risk band transition.
Prev 44.2 Now 50.8
Aug 7, 2026, 12:02 AM UTC
warningUnknown · Warning · 24h · Medium confidence
Health score moved from 67.0 to 64.3, triggering a risk band transition.
Prev 67.0 Now 64.3
Aug 7, 2026, 12:02 AM UTC
warningUnknown · Warning · 24h · Medium confidence
Health score moved from 40.8 to 50.4, triggering a risk band transition.
Prev 40.8 Now 50.4
Aug 7, 2026, 12:02 AM UTC
infoPeg · Info · 24h · Medium confidence
Maximum 30d peg deviation reached 0.49% from 0.49%.
Prev 0.49% Now 0.49%
Aug 7, 2026, 12:02 AM UTC
infoUnknown · Info · 24h · Medium confidence
Health score moved from 40.8 to 50.4 day over day.
Prev 40.8 Now 50.4
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