March 3, 2026
Methodology About Privacy Contact
FIAT REFERENCED TOKENS
The Vanderbilt Terminal for Fiat-Backed Stablecoin Intelligence
INDEPENDENT REGULATORY INTELLIGENCE FOR FIAT-REFERENCED DIGITAL TOKENS
USDT Market Cap: $144.6B ▲ +18.2% | USDC Market Cap: $61.3B ▲ +124% | Total Stablecoin Supply: $232.8B ▲ +42% | EUR Stablecoin Volume: $1.8B/day ▲ +67% | MiCA Compliance Index: 73/100 ▲ +11 | BTC: $87,420 ▲ +2.4% | ETH: $2,180 ▼ -1.7% | CBDC Development Index: 134 Countries ▲ +8 | USDT Market Cap: $144.6B ▲ +18.2% | USDC Market Cap: $61.3B ▲ +124% | Total Stablecoin Supply: $232.8B ▲ +42% | EUR Stablecoin Volume: $1.8B/day ▲ +67% | MiCA Compliance Index: 73/100 ▲ +11 | BTC: $87,420 ▲ +2.4% | ETH: $2,180 ▼ -1.7% | CBDC Development Index: 134 Countries ▲ +8 |

About This Platform

FIAT REFERENCED TOKENS is an independent intelligence and research platform dedicated to the rapidly evolving landscape of fiat-referenced digital tokens — commonly known as stablecoins. Published by The Vanderbilt Portfolio AG, a Swiss-registered media and research company, this platform provides institutional-grade analysis for compliance professionals, institutional investors, legal practitioners, and fintech executives navigating the intersection of traditional fiat currency and blockchain-based token systems.

Our Focus

Fiat-referenced tokens represent the critical bridge between legacy financial infrastructure and the emerging digital asset ecosystem. With aggregate market capitalisation exceeding $230 billion and regulatory frameworks such as the EU’s Markets in Crypto-Assets Regulation (MiCA) now fully operational, the stablecoin sector demands rigorous, independent analysis.

Our editorial coverage spans:

  • Regulatory Intelligence: Jurisdiction-by-jurisdiction tracking of stablecoin regulation, licensing requirements, and enforcement actions across the EU, United States, United Kingdom, Singapore, UAE, and 30+ additional markets
  • Issuer Analysis: Deep-dive assessments of major stablecoin issuers including Tether (USDT), Circle (USDC), Paxos, Societe Generale (EUR CoinVertible), and emerging MiCA-licensed e-money token providers
  • Reserve Transparency: Independent analysis of reserve compositions, attestation reports, and custodial arrangements underlying fiat-referenced tokens
  • Market Structure: Trading volume analysis, liquidity metrics, de-peg risk assessment, and cross-chain deployment tracking
  • CBDC Convergence: How central bank digital currency programmes intersect with and impact the private stablecoin market

Editorial Independence

All analysis published on fiatreferencedtokens.com reflects the independent editorial judgment of The Vanderbilt Portfolio AG research team. We maintain no positions in the assets we cover and accept no compensation from token issuers or exchanges for editorial content.

Publisher

The Vanderbilt Portfolio AG Zug, Switzerland

For inquiries: contact@vanderbiltportfolio.com

All Articles
about

Methodology

The analytical methodology, data sources, and research framework used by FIAT REFERENCED TOKENS to produce institutional-grade stablecoin and digital currency intelligence.

Jan 1, 0001
Key Indicators
USDT Market Cap $144.6B
USDC Market Cap $61.3B
Total Stablecoin Supply $232.8B
EUR Stablecoin Volume $1.8B/day
MiCA Compliance Index 73/100