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Amber-signal stablecoin issuers

Stablecoin issuers with a amber signal on the RatEx42 Radar: unclear or concerning points (e.g. licence scope, ownership, complaints). 17 profiles · 0 red · 17 amber · 0 green · updated 2026-10-28.

Clinq.GoldStablecoin issuer · United Arab Emirates (Dubai)
Amber signal Reviewed 2026-10-28
EURCStablecoin issuer · France
Amber signal Reviewed 2026-10-28
EdelcoinStablecoin issuer
Amber signal Listing signal
FDUSDStablecoin issuer · British Virgin Islands (issuer); group headquartered in Hong Kong, holding compa
Amber signal Reviewed 2026-10-28
FEIStablecoin issuer · United States (Fei Labs, Inc. defendant in California court; protocol is on-chai
Amber signal Listing signal
FIUSDStablecoin issuer
Amber signal Listing signal
FRAXStablecoin issuer · United States (Delaware public-benefit corporation; protocol listed with a Cayma
Amber signal Reviewed 2026-10-28
Frax FinanceStablecoin issuer · United States
Amber signal Reviewed 2026-10-28
MakerDAO/Sky Stablecoin issuer · Decentralised protocol (Ethereum); supporting foundation in Cayman Islands
Amber signal Reviewed 2026-10-28
Nano Labs StablecoinsStablecoin issuer · Cayman Islands (incorporated); operations in Hangzhou, China and Hong Kong
Amber signal Reviewed 2026-10-28
RainStablecoin issuer · United States
Amber signal Reviewed 2026-10-28
StablRStablecoin issuer · Malta
Amber signal Reviewed 2026-10-28
TetherStablecoin issuer
Amber signal Listing signal
Tether (USDT)Stablecoin issuer
Amber signal Listing signal
TrueUSDStablecoin issuer · British Virgin Islands (Techteryx Ltd); former operators in the United States (D
Amber signal Reviewed 2026-10-28
VeraOneStablecoin issuer
Amber signal Listing signal
ZARP StablecoinStablecoin issuer
Amber signal Listing signal

Signals reflect an assessment of public information at the date of review. How we rate · All topics

Signals reflect our assessment of public information at the date of review. They are not a credit rating, not investment advice and not a statement that a company has acted unlawfully. Companies can respond to every profile; published statements and changes are shown on the profile and in the corrections log.