Reserves

What the tracked tokens are backed by in the end: $138.40B of reserve assets on Oct 30, 2026. Value passed through another token, like bitcoin through WBTC, counts once, at the reserve asset.

Reserve asset	Value	Share	1 year	Last year	Held by
T-Bills U.S. Treasury Bills	$65.51B	47.3%	-3%
Repos U.S. Treasury Repurchase Agreement	$33.75B	24.4%	0%
BTC Bitcoin	$11.69B	8.4%	-37%
Gold Gold	$9.80B	7.1%	+43%
Secured loans Secured Loans	$5.73B	4.1%	-11%
ETH Ether	$4.79B	3.5%	-45%
Cash U.S. dollar	$3.27B	2.4%	-48%
Not reported Composition not reported	$2.23B	1.6%	+30%
Equities Public Equities	$1.60B	1.2%	new
Non-US T-Bills Non-US Treasury Bills	$9.53M	0.0%	-55%
Corporate bonds Corporate Bonds	$3.71M	0.0%	-43%

"1 year" compares with the same week a year earlier. "Not reported" holds reserves whose composition the issuer does not report.