Verify what backs a stablecoin
DIA Value computes intrinsic fair value for stablecoins from reserves and on-chain data, so backing and peg health can be verified.
Supply across all stablecoins
Its one stablecoin
Share of total stablecoin supply
#27 of 98 issuers by supply
Share of non-USD stablecoin supply
of 74 non-USD stablecoins on the map
Stablecoins issued
median issuer: 1
Chains
read onchain, #76 of 98 issuers
Founded / domicile
SBI Shinsei Trust Bank is the issuer of JPYSC, a Japanese-yen-pegged stablecoin whose reserves are held in a segregated trust account, with distribution by SBI VC Trade and technical development led by Startale Group.
JPYSC is SBI Shinsei Trust Bank's only stablecoin.
JPYSC's supply, counted once across its chains.
Supply of every coin SBI Shinsei Trust Bank issues, summed by chain from DIA's own totalSupply() reads of the verified contracts. Each coin's tokens are converted to dollars at DIA's price for that coin, or split pro rata from its market figure where DIA has no price, so coins in different currencies can share one column. Wrapped coins are left out: their supply is already inside the coin they wrap. Each chain shows the same amount as the chain row on each coin's own page.
US$162.3M
Read on 1 chain, in the total
Ethereum100%US$162.3MIn DIA's latest read, JPYSC sits 8 bps below its JPY peg.
Today is DIA's latest daily read of each stablecoin's price against one unit of its peg currency, in basis points: 100 bps is 1% away from the peg, above (+) or below (-).
Typical daily move is the standard deviation of the daily gap between the price and the peg over the last 90 days. Largest move is the single day in the last 12 months furthest from the peg. Both come from daily closes at 00:00 UTC (DeFiLlama, with CoinGecko where DeFiLlama has no price) and match the figures on each stablecoin's own page.
JPYSC is priced through a daily exchange rate fixed at a different time of day from the stablecoin's close. That widens the 90-day and largest figures, so they are not comparable with the USD stablecoins' figures.
Stablecoins whose value rises by design, such as savings wrappers, have no peg figures. Their price is a yield curve, not a peg.
| Stablecoin | Today | 90d | Largest |
|---|---|---|---|
 JPYSCJPY | −8 bps (−0.08%) | 11 bps | +60 bps (+0.60%) |
Registered under Japan's Payment Services Act as a funds-transfer service provider, electronic payment instrument issuer, or trust bank issuing a trust-type instrument.
Licences: Japan trust bank license (FSA-regulated trust business)
Summed by recorded day (daily for the last year, weekly before that). This chart is DeFiLlama circulating supply. The headline figure above is mostly DIA’s onchain reads, with DeFiLlama where DIA does not read, so the last point can differ from it.
Source: DeFiLlama circulating supply Updated
