Asset intelligence

Instruments, not tickers

Stablecoins, tokenised funds and Treasuries, and other structures where a legal perimeter can be cited. Network tokens appear only where a regulated offering, governance or market-structure issue is material. We do not rank 'best' assets.

E-money token / USD-referenced payment token

USDC

USD Coin

USD-referenced token issued by Circle group entities. In the EU file it is documented as an EMT; in other jurisdictions the legal characterisation is a separate question. RCA does not describe USDC as a bank deposit.

Strong coverage

USD-referenced token

USDT

Tether

USD-referenced token whose public reserve evidence is a dated attestation. Not treated in the RCA file as a MiCA-authorised EMT. Widely used as market infrastructure; that usage is not a legal characterisation.

Fragmented coverage

Tokenised money-market fund interest

BUIDL

BlackRock USD Institutional Digital Liquidity Fund

Tokenised representation of an institutional USD liquidity fund. The rights are fund rights. The token is a record of those rights subject to transfer-agent rules.

Strong coverage

On-chain registered money-market fund

BENJI

Franklin OnChain U.S. Government Money Fund

Registered US government money-market fund with blockchain recordkeeping. Prospectus governs; chain is infrastructure.

Strong coverage

Euro-denominated crypto-asset (bank-affiliated)

EURCV

EUR CoinVertible

Euro token issued by Société Générale-FORGE. Public file is a banking-group product document set, not a startup white paper.

Strong coverage

USD-referenced token

RLUSD

Ripple USD

USD-referenced token launched with NYDFS-related public materials. Separate instrument from XRP.

Developing coverage

USD-referenced token (NYDFS trust-issued)

PYUSD

PayPal USD

USD token issued by Paxos Trust Company and distributed under the PayPal brand. The issuer in the RCA file is the trust company, not PayPal.

Strong coverage

Tokenised Treasury / MMF-wrapper exposure

OUSG

Ondo Short-Term US Government Treasuries

Tokenised exposure to short-term US government / money-market structures for professional users. Not, on the public file, title to Treasuries themselves.

Developing coverage

On-chain US government securities fund

Superstate Opening U.S. Government Securities Fund

Fund interests represented on-chain. Rights are fund rights.

Developing coverage