Cryptoeconomics

News, data and analysis on tokenized assets, market design and digital economic systems.

Data and methods

The register of every series behind the figures on this site, and the standard each one is held to before it is published.

Series published 12
Refresh in page 0 CORS-verified endpoint
Refresh at build 12 value as of the last build
Past their stale window 0 flagged on every figure

What a series must carry to be published here

A number reaches this site only with the twelve facts below attached. If one of them is unknown, the number is not published.

Editorial standards →

Provenance is not a footnote on this site; it is the condition of publication. Each series carries the name and URL of the body that published it, the method by which the figure is compiled, the unit and (where the unit is monetary) the currency, the timezone the observation is stamped in, the cadence at which new observations arrive, the moment of the last refresh, the coverage the figure claims, the exclusions it does not claim, any transformation applied between the source and the figure, the interval after which the observation is treated as stale, and the state the figure shows when a refresh fails.

Two consequences follow, and both are visible in the figures. A gap in a series is drawn as a gap: no interpolation, no last-value carry-forward, and never a zero standing in for an unknown. And nothing on the site is labelled live unless the series has an endpoint the reader's own browser can reach and refresh. Everything else says plainly that it is the value as of the last build.

Where two providers publish different figures for the same quantity, both are named and the difference is stated. Compiling a third number out of the two would be inventing a series, and an invented series is indistinguishable from a real one once it is on a chart.

Refresh states

In page. The series has a CORS-verified endpoint. The figure loads with the build value and replaces it with the current value on load; the timestamp updates with it.

Build only. No reachable endpoint. The figure shows the value as of the last build and says so.

Not refreshed. The latest observation is older than the series' stale window. The figure keeps the number and carries a badge rather than hiding it.

Register

Every series, its latest verified observation and how it refreshes.

SeriesLatestAs of FrequencySourceRefresh
Stablecoin supply, all issuers global, all networks tracked by the provider $312bn 25 July 2026 daily at source; recorded here irregularly DefiLlama build only
Stablecoin supply, Tether all Tether-issued tokens, consolidated across issuing entities $183bn 31 March 2026 quarterly Tether build only
Stablecoin supply, USDC all networks on which USDC is issued $75.9bn 29 May 2026 monthly, two observations per report Circle build only
Stablecoin supply on the Tron network Tron network only $89bn 25 July 2026 daily at source; recorded here irregularly DefiLlama build only
Tokenised US Treasury products outstanding global; products registered by the provider across all indexed networks $16.2bn 25 July 2026 daily at source; recorded here irregularly RWA.xyz build only
Tokenised private credit outstanding global; assets registered by the provider across all indexed networks $6.99bn 25 July 2026 daily at source; recorded here irregularly RWA.xyz build only
Tokenised real-world assets excluding stablecoins global; all asset classes registered by the provider except stablecoins $36.8bn 25 July 2026 daily at source; recorded here irregularly RWA.xyz build only
Franklin OnChain U.S. Government Money Fund, net assets one US-registered fund $844m 31 March 2026 annual, fiscal year ending 31 March US Securities and Exchange Commission (Franklin Templeton Trust, Form N-CSR) build only
WisdomTree Government Money Market Digital Fund, net assets one US-registered fund $321m 30 June 2025 annual, fiscal year ending 30 June US Securities and Exchange Commission (WisdomTree Digital Trust, Form N-CSR) build only
MiCA e-money token white papers notified European Union 46 24 July 2026 weekly at source European Securities and Markets Authority build only
MiCA asset-referenced token issuers authorised European Union 0 24 July 2026 weekly at source European Securities and Markets Authority build only
Nigeria, personal remittances received Nigeria $22.1bn 31 December 2024 annual World Bank build only

Sources and licensing

Where the data and the reporting come from, the tier we hold each source at, and what each publisher's own terms permit us to do with the material.

36 sources, ordered as the register holds them. Type, tier and licence are controlled terms and every one of them is defined below the table, including the 20 publishers who state no reuse terms at all, which the licence column says outright rather than leaving the cell empty.
SourceTypeTier CadenceLicence
US Securities and Exchange Commission Regulator Primary Hourly Full text
Commodity Futures Trading Commission Regulator Primary Hourly Unstated
European Securities and Markets Authority Regulator Primary Hourly Unstated
Financial Conduct Authority Regulator Primary Hourly Headline and link
Monetary Authority of Singapore Regulator Primary Daily Unstated
Hong Kong Monetary Authority Regulator Primary Hourly Unstated
Securities and Exchange Commission, Nigeria Regulator Primary Daily Unstated
Capital Markets Authority (Kenya) Regulator Primary Daily Unstated
Financial Sector Conduct Authority Regulator Primary Daily Unstated
Comissão de Valores Mobiliários Regulator Primary Hourly Unstated
Securities and Exchange Board of India Regulator Primary Hourly Unstated
Virtual Assets Regulatory Authority Regulator Primary Daily Unstated
Abu Dhabi Global Market Regulator Primary Daily Unstated
Board of Governors of the Federal Reserve System Central bank Primary Hourly Unstated
European Central Bank Central bank Primary Hourly Full text, attributed
Bank of England Central bank Primary Hourly Unstated
Bank for International Settlements Central bank Primary Daily Non-commercial, attributed
International Monetary Fund Institutional newsroom Official Daily Split terms
Financial Stability Board Institutional newsroom Primary Daily Non-commercial, attributed
International Organization of Securities Commissions Institutional newsroom Primary Daily Full text, attributed
World Bank Statistical agency Official Quarterly Full text, attributed
Central Bank of Nigeria Central bank Primary Daily Unstated
Central Bank of Kenya Central bank Primary Twice daily Unstated
RWA.xyz API Official Daily By agreement
DefiLlama API Official Hourly Unstated
Dune API Official Daily Unstated
Artemis API Official Daily Unstated
Tether Issuer Primary Quarterly By agreement
Circle Issuer Primary Weekly Unstated
The Block Publication Reputable Every 15 minutes Excerpt and link
CoinDesk Publication Reputable Every 15 minutes Headline and link
Ledger Insights Publication Reputable Hourly Headline and link
DL News Publication Reputable Every 15 minutes Non-commercial, attributed
Blockworks Publication Reputable Every 15 minutes Headline and link
Global Custodian Publication Reputable Hourly Headline and link
Aave Governance Forum Governance forum Primary Hourly Unstated

How each source is classified

Regulatortype · 13 sources
A securities, conduct or virtual-asset authority publishing its own registers, rules, consultations and enforcement. What it publishes about its own perimeter is the fact itself, not a report of it.
Central banktype · 6 sources
A central bank or the standing committee of central banks, publishing its own statistics, financial-stability work and payment-system material.
Publicationtype · 6 sources
An independent news organisation covering this market. Its reporting is journalism, held to the reputable tier, and used here for what it reports rather than as the origin of a figure.
APItype · 4 sources
A data platform that compiles onchain and market figures and serves them programmatically. Named as a source wherever one of its figures appears, whether or not the endpoint could be read directly.
Institutional newsroomtype · 3 sources
The press channel of an international financial institution or standard-setter: its own announcements and statements, not journalism about it. Distinct from Publication for that reason.
Issuertype · 2 sources
The company that issues the instrument, publishing figures about its own liabilities: tokens in circulation, the composition of the reserve behind them, the attestation over it. Primary for what it reports about itself and for nothing else. An issuer's account of its own market share is not held at that tier.
Statistical agencytype · 1 source
The statistical service of a public institution, publishing indicator series compiled from national returns and staff estimates and served programmatically. Separate from API because the compiler is publicly accountable for the method and the licence is open, and separate from Institutional newsroom because an institution's statistics and its announcements are cited for different reasons.
Governance forumtype · 1 source
The public forum where a protocol's own governance is proposed, argued and recorded. A parameter change discussed there is the primary record of that change.
Primarytier · 24 sources
The body that made the thing is publishing it about itself: a regulator's own register, a central bank's own statistics, a protocol's own governance record. There is no closer source, so nothing here is corroborated against a further one.
Officialtier · 6 sources
An authoritative compiler rather than the originator: a multilateral institution publishing figures collected from member states, or a data platform aggregating onchain activity. Cited by name, and where two compilers disagree both figures are given.
Reputabletier · 6 sources
Independent journalism with an editorial record we rely on, but neither the originator of a figure nor its official compiler. A figure that reaches us only this way is marked as secondary and traced to the document it cites wherever that document can be found.

What each licence term permits

Full text1 source
Reproduction in full is permitted, with no attribution condition stated. In practice we attribute anyway, as a house rule rather than a licence term.
Full text, attributed3 sources
Reproduction in full is permitted where the publisher is credited. Seals, logos and marks are usually excluded and licensed separately.
Non-commercial, attributed3 sources
Reproduction is permitted for non-commercial use with credit. Commercial republication requires permission, so material from these sources is summarised and linked here rather than reproduced.
Excerpt and link1 source
A short extract may be quoted with credit; the remainder is linked. Reproducing the article is prohibited.
Headline and link5 sources
The headline and a link, and no body text. Where a story from one of these sources appears here, the reporting is described in our own words and the original is credited and linked.
By agreement2 sources
No reproduction of any part without a written agreement. Figures are cited to the publisher with a link and never mirrored.
Split terms1 source
Statistical data and editorial content carry different terms: typically wide reuse of the data, including commercially, alongside personal non-commercial use of everything else. The per-source note states which half applies.
Unstated20 sources
The publisher states no reuse terms that we could locate. An absent policy is not a permission, so these are handled as headline-and-link until the terms are confirmed.

What we established about each source

US Securities and Exchange CommissionFull text · feed
sec.gov states that information presented on the site is considered public information and may be copied or further distributed by users of the web site without the SEC's permission. The SEC seal, logos and the EDGAR mark are excluded and require a licence.
Commodity Futures Trading CommissionUnstated · feed
The CFTC publishes an RSS index at cftc.gov/RSS/index.htm listing general press release, enforcement and speech feeds, but no copyright or reuse policy page was located.
European Securities and Markets AuthorityUnstated · feed
The feed carries no licence statement and no reuse or copyright page was found on esma.europa.eu. The EU institutional reuse regime may apply but was not confirmed.
Financial Conduct AuthorityHeadline and link · feed
The FCA's legal terms permit printing and downloading extracts for personal use or for viewing inside an organisation, but pages saved to disk must not be distributed, sold or otherwise circulated. Statistical outputs and the charts, tables and numerical datasets in the FCA's Data section may be reproduced under the UK Open Government Licence. Attribution as (c) The Financial Conduct Authority is required on all copies.
Monetary Authority of SingaporeUnstated · no feed
No RSS or Atom feed was found: the news listing and homepage carry no feed link and mas.gov.sg/rss returns HTTP 403. No reuse terms were located, so the newsroom must be read rather than ingested.
Hong Kong Monetary AuthorityUnstated · feed
The HKMA publishes 19 separate RSS feeds at hkma.gov.hk/eng/other-information/rss/, including press releases, circulars, guidelines and consultations, but its copyright notice could not be retrieved.
Securities and Exchange Commission, NigeriaUnstated · no feed
No feed is published: sec.gov.ng/feed/ returns HTTP 404 and no feed link appears on the site. Rules, circulars and press notices are posted to sec.gov.ng/about/news/ and must be read directly.
Capital Markets Authority (Kenya)Unstated · no feed
No feed URL and no reuse terms were found. Press releases and regulatory notices appear under cma.or.ke/media/ and must be read directly.
Financial Sector Conduct AuthorityUnstated · no feed
No feed link appears on the site and no reuse terms were located. Notices are published at fsca.co.za/Latest-News/ and in the media centre at fsca.co.za/Media-Center/.
Comissão de Valores MobiliáriosUnstated · feed
The gov.br platform serves a working XML feed for CVM at gov.br/cvm/RSS, but the legal notice page was not reachable and no reuse permission is stated. Content is in Portuguese.
Securities and Exchange Board of IndiaUnstated · feed
SEBI documents this single feed at sebi.gov.in/rss.html and describes it as covering press releases, circulars and orders or rulings; no reuse terms accompany it.
Virtual Assets Regulatory AuthorityUnstated · no feed
No feed or reuse terms were found. Rulebook amendments and enforcement notices are posted to vara.ae/en/news/ and must be read directly.
Abu Dhabi Global MarketUnstated · no feed
The announcements listing at adgm.com/media/announcements carries no feed link and no reuse terms. It aggregates releases from ADGM and from its regulator, the Financial Services Regulatory Authority, and must be read directly.
Board of Governors of the Federal Reserve SystemUnstated · feed
The Board publishes separate feeds for all press releases, banking and consumer regulatory policy, enforcement actions, monetary policy, orders, speeches and testimony at federalreserve.gov/feeds/, but no copyright or reuse statement was located.
European Central BankFull text, attributed · feed
The ECB's copyright statement requires that reproduced information appear accurately and that the ECB be cited as the source; modifications such as statistical adjustments must be noted, and buyers must be told the content is available free on the ECB site. Authored documents, including ECB Working Papers and Occasional Papers, need prior written authorisation.
Bank of EnglandUnstated · feed
The Bank publishes eight feeds at bankofengland.co.uk/rss, including news, publications, prudential regulation publications, speeches and statistics; no reuse terms were located.
Bank for International SettlementsNon-commercial, attributed · feed
BIS terms allow users to download, display, print, photocopy or redistribute BIS material for non-commercial purposes, and to quote a limited extract free of charge if the BIS is cited as the source and a link to the original is given. A limited extract is defined as no more than 400 words of text or two tables or graphs, and in any case not more than 10% of the publication. Statistics from the BIS Data Portal fall under separate terms.
International Monetary FundSplit terms · no feed
The IMF permits users to download, extract, copy, publish, distribute and sell its published statistical Data, including for commercial purposes, provided the Data appears accurately and is attributed, for example 'Source: International Monetary Fund'. Other IMF content is for personal non-commercial use, with permission required to reprint, republish or disseminate; the IMF recognises fair use of up to 2,500 words from a single source for non-commercial news reporting or research with full citation. No working feed URL was confirmed.
Financial Stability BoardNon-commercial, attributed · feed
FSB terms allow distribution or reproduction of site material except for commercial purposes, provided the information appears accurately and the FSB is cited as the source; unofficial translations are allowed if clearly labelled. Modification without permission is not allowed. Separate feeds exist for publications, consultations, speeches and statements.
International Organization of Securities CommissionsFull text, attributed · feed
IOSCO terms permit reproduction of its press releases and brief excerpts of publications in other publications or products provided IOSCO is cited as the source; anything beyond that requires written permission. Translations must state that they are not official IOSCO translations. The feed resolves but its ordering places older items first, so ingestion should sort by publication date rather than feed position.
World BankFull text, attributed · no feed
Datasets are released under CC BY 4.0 unless labelled otherwise, with credit required in the form 'The World Bank: Dataset name: Data source'. Some indicators come from third parties and carry the original provider's terms instead, and the remittance indicator used here is compiled partly from balance-of-payments returns made to another institution, so that exception is live and both are named. The API at api.worldbank.org/v2 needs no key and returns JSON, but is not read from the reader's browser, so the figure is the one compiled at build.
Central Bank of NigeriaUnstated · no feed
No feed link and no reuse terms were found. Circulars and press notices are published to cbn.gov.ng/Documents/PressReleases.html and cbn.gov.ng/NewsArchive/News.html and must be read directly.
Central Bank of KenyaUnstated · feed
The URL is the site-wide feed rather than a press-release feed, so items must be filtered against centralbank.go.ke/press/. No reuse terms were located.
RWA.xyzBy agreement · no feed
The terms of use state that no part of the site may be copied, reproduced, distributed, republished, downloaded, displayed, posted or transmitted in any form or by any means; reproduction for academic purposes must attribute the company as the source and must not imply endorsement. API access and data downloads are sold as products, so figures should be cited to RWA.xyz with a link rather than mirrored.
DefiLlamaUnstated · feed
No reuse licence and no attribution requirement is stated in the API documentation, so what is permitted is unconfirmed and attribution here is a house rule rather than a condition. The open endpoints on api.llama.fi are documented as needing no authentication; the Pro tier at pro-api.llama.fi requires a key on a paid plan.
DuneUnstated · no feed
Redistribution terms are unclear: queries and dashboards are authored by users, and the documentation does not state who may republish their results. Access needs a key: the base path is api.dune.com/api/v1 with an X-DUNE-API-KEY header, and the endpoint could not be fetched without credentials, so no feed URL is recorded.
ArtemisUnstated · no feed
Reuse terms were not located in the public documentation. Access needs a key: Artemis documents a REST API covering its crypto and equities datasets at classic.artemis.ai/docs/artemis-api/api-examples, but the base URL is not stated publicly and could not be fetched.
TetherBy agreement · no feed
The website terms require express prior written permission to copy, display or use its content, limit downloading to extracts for personal use, require a licence for any commercial use, and prohibit text and data mining across the site. The figures here are the consolidated token liabilities in the quarterly reserves reports attested by BDO, together with the announcements that carry them. There is no feed and no public reserves API, and the reports are PDFs, so each figure is read from the document and cited to it.
CircleUnstated · no feed
The legal index carries product agreements, the USDC and EURC terms, the MiCA white papers, the privacy and cookie policies and a brand policy governing the marks rather than the figures. It carries nothing governing reuse of the material on the site itself, so what is permitted with the reserve disclosures could not be confirmed. Reserve holdings are disclosed weekly and examined monthly by an independent accounting firm; the reports are PDFs on the transparency page, and there is no feed and no reserves API.
The BlockExcerpt and link · feed
The terms prohibit reproducing or exploiting content for a commercial purpose and prohibit republication on another website or app, but permit excerpts of up to 10% of an article in a blog post or publication with attribution and a link back. Subscriber feeds may not be shared or used in any application other than an RSS feed reader.
CoinDeskHeadline and link · feed
The terms of use authorise viewing, playing, printing and downloading for personal, informational and non-commercial purposes only, and state that content may not be copied, reproduced, republished, transmitted, distributed or modified without prior written consent. CoinDesk publishes the feed for aggregators and syndication services but the terms grant no reuse right.
Ledger InsightsHeadline and link · feed
The terms state you must not republish material from the website, including republication on another website, and must not sell, rent or sub-license it or exploit it for a commercial purpose; use of content for machine learning or to train artificial intelligence models is prohibited. Redistribution of the newsletter in print and electronic form is the one stated exception.
DL NewsNon-commercial, attributed · feed
DL News allows use of its feeds for personal use in a news reader or as part of a non-commercial blog, requires proper format and attribution wherever its content is posted, and reserves the right to require that distribution cease. Commercial use is prohibited without prior written permission, requested via media@dlnews.com. Section feeds exist for regulation, markets, DeFi and deals.
BlockworksHeadline and link · feed
The terms prohibit republishing material from the website or newsletter, including republication on another website or app, except under a 'Permitted Sharing' allowance whose scope is not set out in the pages read. Requests to blockworks.co redirect to blockworks.com, so the .com host should be used.
Global CustodianHeadline and link · feed
No separate terms page was found; the site footer carries the notice 'Copyright (c)2026 Tungsten Publishing. All Rights Reserved. No Reproduction Without Prior Authorizations', which should be read as barring reproduction without permission.
Aave Governance ForumUnstated · feed
The forum is a Discourse instance and the feed at /latest.rss resolves, but no terms of use or content licence page was located. Posts are the primary record of proposals and risk-parameter changes and should be cited by permalink; the identity and mandate of any poster must be checked before a post is treated as an institutional position.

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What issued, what settled, what the supervisors changed, with the numbers behind it and a note on what the numbers do not show. One email, Thursday mornings.

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