Indexed is not measured: the stablecoin universe release

2026-09-14 · Council of AI (CSOAI Ltd)

Every row of the frozen stablecoin index is labelled INDEXED and UNMEASURED; drift is appended, and the frozen bytes stay frozen.

The stablecoin universe release frozen on 2026-09-11 indexes the public DefiLlama stablecoin response observed at 08:19:34Z that day, and its README is explicit about what indexing is not. Every row is labelled INDEXED, UNMEASURED, UNSIGNED, UNROOTED and UNANCHORED, so registry metadata cannot be presented as an independent chain measurement. The priority score that picks candidates for deeper work uses reported circulating value and chain count, and the README calls it scheduling metadata, not a risk, quality, safety, compliance or investment score. RLUSD is named as the asset with separately published deep evidence. When a later refresh showed drift, the note was appended and the frozen index.json and source.json stayed byte-identical, because a signed commitment binds their hashes; live per-subject states are kept in coverage-register.json. The README also prints the offline command that rebuilds the index from the frozen source bytes, so anyone can compare the output byte for byte.

How to verify: fetch the artifacts listed above yourself, and check a signed card against the published key at https://councilof.ai/gspc-verify/.

Measurement, not certification. Not a grade, endorsement or legal finding.