RWTS Compare
USDC vs sUSDe
Side-by-side Trust Score comparison based on the RWTS Rating methodology. Six dimensions of structural trust, scored independently.
Higher Score
USD Coin
USDC
88T2
Trust Score
88
APY
0.00%
TVL
$73.68B
Staked USDe
sUSDe
61T4
Trust Score
61
APY
5.01%
TVL
$1.23B
Dimension Comparison
| Dimension | USDC | sUSDe | Max | Edge |
|---|---|---|---|---|
| Asset Backing | 22+16 | 6 | 25 | USDC |
| Proof of Reserves | 16 | 16 | 20 | Tied |
| Redeemability | 15+2 | 13 | 15 | USDC |
| Audit & Security | 13+1 | 12 | 15 | USDC |
| Regulatory Standing | 15+8 | 7 | 15 | USDC |
| Track Record | 7 | 7 | 10 | Tied |
| Total | 88 | 61 | 100 | USDC+27 |
Key Facts
| Attribute | USDC | sUSDe |
|---|---|---|
| Tier | T2: Treasury & Fiat-Backed | T4: Synthetic & Structured |
| Chain | Ethereum | Ethereum |
| Risk Level | Low | Medium |
| Backing | Cash & short-dated U.S. Treasuries (Circle Reserve Fund) | ETH/BTC collateral + short perp positions (delta-neutral) |
| Protocol | Circle | Ethena |
| Lock-up | None (1:1 redeemable via Circle / exchanges) | 7-day cooldown on unstaking |
| Audited | Yes | Yes |
USDC Details
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sUSDe Details
Full profile and yield calculator
RWTS Methodology
How scores are calculated
This comparison is based on the RWTS Trust Score framework and is not financial advice. It does not constitute a recommendation to buy, sell, or hold either asset. Always conduct your own due diligence.