Grant Stellmacher

Methodology

Methodology

How records are compiled, what every field means, and what this registry does and does not claim.

How Records Are Compiled

Every record in this registry is entered by hand from a primary source PDF — the practitioner's report as published by the issuer or filed with a regulator. No data is scraped, parsed automatically, or accepted from issuer-contributed feeds.

Each record links directly to its source PDF. If the source is not a primary practitioner report (e.g., an issuer press release or secondary report), the sourceQuality field notes this.

Field Definitions

Snapshot Date
The "as of" date of the reserve examination — the point in time at which the practitioner evaluated reserve balances.
Publication Date
The date the practitioner's report was published or made publicly available.
Lag Days
Computed: the number of calendar days between the snapshot date and the publication date. Never stored; always derived.
Coverage Ratio
Computed: reserveTotalUsd / circulatingSupplyPerReport. A ratio above 1.0 (100%) means reported reserves exceed reported circulating supply. Never stored; always derived.
Engagement Type
The type of assurance engagement performed. See glossary for the differences between examination, review, and agreed-upon procedures.
Standard
The professional standard under which the engagement was performed (e.g., AT-C 205, ISAE 3000).
Opinion Type
The practitioner's conclusion. "Unmodified" means no exceptions. "Qualified" means exceptions were noted.
Assertion Party
The entity that made the assertion the practitioner examined — typically issuer management.
Composition
The breakdown of reserve assets by category, as disclosed in the report. Categories follow the GENIUS Act's eligible-asset taxonomy where applicable.
Custodians
The entities holding reserve assets, as disclosed. An empty list means custodian identities were not disclosed in the report.

The GENIUS Act Disclosure Checklist

Each attestation record includes a geniusFacts section with five boolean observations:

  • Monthly disclosure published — whether the report covers a monthly period.
  • Examination-level engagement — whether the engagement type is an examination (the highest level of assurance in U.S. attestation standards).
  • Practitioner PCAOB-registered — whether the practitioner is registered with the Public Company Accounting Oversight Board.
  • Executive certification present — whether the report includes a certification by an executive of the issuer.
  • Composition by category disclosed — whether reserve assets are broken down by category in the report.

What This Site Does Not Claim

This registry presents factual observations from published attestation reports. It does not render compliance verdicts, grade issuers, or interpret whether any issuer's disclosure practice meets the requirements of the GENIUS Act or any other statute.

Mapping the factual observations in this registry to statutory compliance is interpretation. That interpretation belongs in commentary, not in the registry data itself.

This registry is a personal project. It is informational only and does not constitute professional advice, an attestation, an opinion, or an assurance engagement. It is not affiliated with or endorsed by any employer or firm.