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Other dated records weekly, every Wednesday Sample ready

Reserve gaps: 10 small dollar coins

Exchange listing and risk teams, and DeFi protocols holding small US-dollar stablecoins, get one sealed table a week: each issuer's newest reserve report next to the coins on chain at the report time, the gap and how old the report is. 10 coins on 30 Sep 2026, 5 readable. Read from the issuers' own pages and the DefiLlama list, never filled in.

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Exchange listing and risk teams, and DeFi protocols that hold small US-dollar stablecoins
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one sealed table a week, every Wednesday. A week the coin list could not be read is written as a gap file and the page says so
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This week's sample: five coinstable of 30 Sep 2026

10 coins covered on 30 Sep 2026: 5 with a verdict, 5 UNKNOWN. Of the 5, 5 were covered, 0 short and 0 stale by the arithmetic below. Of the 5 UNKNOWN, 0 published a report that leaves some coins out of its count without saying how many, so it cannot be set against the chain; the rest we could not read. The gap is reported reserves minus the on-chain supply read nearest the report time. A short row is arithmetic on public figures, not a finding about solvency.

First 5 of 5 readable coins, largest on-chain supply first table of 30 Sep 2026
CoinIssuerReport as of (UTC)Reported reservesReported outstandingOn-chain supplyGapGap %Report ageVerdictWhyReport
TUSDTechteryx Ltd2026-09-30 14:42$501,928,901494,515,083484,484,719$17,444,182+3.60%0 dayscoveredreported reserves are at or above the on-chain supply read for the report timereport
USATAnchorage Digital Bank, N.A.2026-08-31 23:59$176,391,828175,731,350184,317,609-$7,925,781-4.30%30 dayscoveredon-chain supply $184,317,609 minus $8,586,259 the report states are minted but not issued = $175,731,350; reported reserves $176,391,828 are at or above thatreport
FIDDFidelity Digital Assets, NA2026-08-31 21:00$51,794,51949,290,31949,290,319$2,504,200+5.08%30 dayscoveredreported reserves are at or above the on-chain supply read for the report timereport
MNEEMNEE Limited2026-09-01 03:59$63,009,42362,084,88661,676,915$1,332,508+2.16%30 dayscoveredreported reserves are at or above the on-chain supply read for the report timereport
XUSDStraitsX2026-08-31 15:59$46,324,67746,182,31046,131,804$192,873+0.42%30 dayscoveredreported reserves are at or above the on-chain supply read for the report timereport

Every covered coin10 coins, table of 30 Sep 2026

Coverage is every fiat-backed US-dollar stablecoin under $1B in circulation on the DefiLlama list whose issuer publishes a reserve report we have registered. USDT, USDC, PYUSD, RLUSD and every other coin at $1B or more are left out; the full weekly file lists each one left out and why. A coin whose report we cannot read without signing in or running the page's scripts stays UNKNOWN, with the page's answer recorded each week. 74 other fiat-backed dollar coins under $1B on the list have no report source registered yet and are listed in the full weekly file.

All 10 covered coins, 30 Sep 2026 table of 30 Sep 2026
CoinNameIssuerReport the issuer publishesThis week
TUSDTrueUSDTechteryx Ltdreal-time attestation feed read by the issuer's transparency pagein the sample above
USATUSATAnchorage Digital Bank, N.A.monthly reserve report with an accountant's attestationin the sample above
FIDDFidelity Digital DollarFidelity Digital Assets, NAmonthly reserve report examined by PricewaterhouseCoopers LLPin the sample above
MNEEMNEE USDMNEE Limitedmonthly reserve report with an accountant's attestationin the sample above
XUSDStraitsX XUSDStraitsXreserve account report with an accountant's opinion, twice a monthin the sample above
FDUSDFirst Digital USDFirst Digital Labsmonthly attestation (issuer says)UNKNOWN: the transparency page refuses plain reads (HTTP status recorded each week) (page HTTP 403)
AUSDAgora DollarAgora Bermuda Limitedmonthly reserve report examined by Grant Thornton LLPUNKNOWN: newest report files could not be read or their layout was not recognised
GUSDGemini DollarGemini Trust Companymonthly attestation by BPM LLP (issuer says)UNKNOWN: the page names the reports but its list of report files loads by script, so no report link is in the page we can read (page HTTP 200)
USDPPax DollarPaxos Trust Companymonthly attestation by KPMG LLP (issuer says)UNKNOWN: the page names the reports but its list of report files loads by script, so no report link is in the page we can read (page HTTP 200)
USDQQuantoz USDQQuantoz Payments BVreserve reports (issuer says)UNKNOWN: no report link found on the issuer's product page (page HTTP 200)

What is in the file

  • One sealed table a weekOne row per covered coin (10 on 30 Sep 2026): coin, issuer, chains, report kind and time in UTC, reported reserves, reported coins outstanding, the on-chain supply reading and its time, the gap in dollars and percent, the issuer's own margin, any unissued coins the report states, report age in days, the verdict and its reason, the report link, its sha256 and the lines the figures were read from.
  • The documents list, the excluded list and the sealEvery address read with its answer and sha256; every other fiat-backed dollar coin on the list and why it is not a row; and a text file with the sha256 of each file.
  • The free sample is five rows, every column5 readable rows of 10, cut from the 30 Sep 2026 table.

Limits, plainly. Reported reserves and coins outstanding are the issuer's own figures, copied from its newest report or reserve feed. We did not audit them. On-chain supply is the DefiLlama daily reading nearest the report time, within 48 hours. A reading further away, or none, leaves the row UNKNOWN. 'short' means reported reserves were below the on-chain supply read for the report time, after taking off any coins the report itself states in a number are not issued. It is arithmetic on public figures, not a finding about solvency. When a report leaves some coins out of its outstanding count without saying how many, the report and the chain count different things, so that row is UNKNOWN and no gap is shown. 'stale' means the newest report we could read is over 62 days old. Nothing here is investment advice.

Newest table dated 30 Sep 2026. If a weekly read fails, a gap file is written and this page says so instead of showing the old table as new.

See the file we hold

You do not have to take our word for what is in the file. Here are 5 rows of the real thing, carrying all 27 of its columns, straight out of this week's table: the five largest coins with a verdict, every column. These are the real rows, not a tidied demo.

  • Open the 5 rows as a CSVA plain spreadsheet file. It saves to your machine rather than painting itself into a browser tab, and it opens in Excel, Numbers or Google Sheets.
  • The same 5 rows as JSONThe same rows again, laid out for reading with code.

Nothing on this page is for sale. The sample file is free to read, and so is every row on the page above it.

These 5 rows are a slice of the file, not the whole of it. What we cannot show you here is how far back it goes: the file goes back further than these rows do.

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Not on sale right now: we are confirming we may sell this data. The free sample stays up.

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