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
86T2
Trust Score
86
APY
0.00%
TVL
$74.87B
Staked USDe
sUSDe
57T4
Trust Score
57
APY
3.74%
TVL
$1.92B
Dimension Comparison
| Dimension | USDC | sUSDe | Max | Edge |
|---|---|---|---|---|
| Asset Backing | 22+16 | 6 | 25 | USDC |
| Proof of Reserves | 16 | 16 | 20 | Tied |
| Redeemability | 13+4 | 9 | 15 | USDC |
| Audit & Security | 13+1 | 12 | 15 | USDC |
| Regulatory Standing | 15+8 | 7 | 15 | USDC |
| Track Record | 7 | 7 | 10 | Tied |
| Total | 86 | 57 | 100 | USDC+29 |
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
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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.