Stablecoin issuers – compliance signals & licence checks
All stablecoin issuers on the RatEx42 Radar with their compliance signal, licences and regulator actions. 28 profiles · 5 red · 17 amber · 5 green · updated 2026-10-28.
A7A5Stablecoin issuer · Kyrgyzstan
Red signal Reviewed 2026-10-28
BUSD – Binance USDStablecoin issuer · United States
Red signal Reviewed 2026-10-28
BinanceStablecoin issuer · Global (no single home jurisdiction; ADGM/UAE regulated hub)
Red signal Listing signal
Ethena USDeStablecoin issuer · Germany
Red signal Reviewed 2026-10-28
USDCStablecoin issuer · United States
Red signal Reviewed 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
CircleStablecoin issuer
Green signal Listing signal
Gemini Dollar (GUSD)Stablecoin issuer
Green signal Listing signal
Global Dollar (USDG)Stablecoin issuer
Green signal Listing signal
Pax Dollar (USDP)Stablecoin issuer
Green signal Listing signal
SG-FORGEStablecoin issuer · France
Green signal Reviewed 2026-10-28
PayPalStablecoin issuer · United States
Insufficient data Reviewed 2026-10-28
Signals reflect an assessment of public information at the date of review. How we rate · All topics