Stablecoin Development (SDEV) Total Liabilities (2010 - 2026)
Stablecoin Development (SDEV) recorded Total Liabilities of $270,000 in Q2 2026, down 89.9% from $2.67 million a year earlier and down 99.3% from the prior quarter.
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Analysis
Stablecoin Development (SDEV) Total Liabilities (2010 - 2026) Analysis & Trends
At the end of FY2025, Stablecoin Development reported Total Liabilities of $640.85 million.
- Annual Total Liabilities has a five-year compound annual growth rate of 194.0% (FY2020 to FY2025).
- Across earlier years, Total Liabilities came in at $3.55 million in FY2024 (-37.9%), $5.72 million in FY2023 (-96.7%), $174.55 million in FY2022 and $13.81 million in FY2021 (+372.8%).
- The Q2 2026 figure is the lowest quarterly Total Liabilities in data going back to Q4 2010.
- Peak year-over-year performance for Total Liabilities in the last five years was growth of 372.8% in Q4 2021, against a decline of 96.7% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $40.92 million (Q1 2026), $640.85 million (Q4 2025) and $2.38 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.75 Bn | 120.88 Bn | - | 118.04 Bn |
| 2 | Spdr Gold Trust | 137.39 Bn | -420.61 Bn | - | 45.42 Mn |
| 3 | Blackstone | 85.63 Bn | 75.61 Bn | - | 28.83 Bn |
| 4 | Brookfield | 81.94 Bn | -101.37 Bn | - | 521.43 Bn |
| 5 | Kkr | 77.88 Bn | -1.97 Bn | - | 337.08 Bn |
| 6 | Brookfield Asset Management | 72.12 Bn | 66.93 Bn | - | 10.89 Bn |
| 7 | Apollo Global Management | 65.73 Bn | -17.07 Bn | 10.56 Bn | 452.57 Bn |
| 8 | Wheaton Precious Metals | 59.93 Bn | 55.35 Bn | 687.86 Mn | 2.47 Bn |
| 9 | Franco Nevada | 46.57 Bn | 43.94 Bn | 451.00 Mn | 681.50 Mn |
| 10 | Stablecoin Development | 25.28 Mn | -10.36 Mn | - | 270,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 270,000.00 |
| Mar 31, 2026 | 40.92 Mn |
| Dec 31, 2025 | 640.85 Mn |
| Sep 30, 2025 | 2.38 Mn |
| Jun 30, 2025 | 2.67 Mn |
| Mar 31, 2025 | 3.71 Mn |
| Dec 31, 2024 | 3.55 Mn |
| Sep 30, 2024 | 2.81 Mn |
| Jun 30, 2024 | 4.54 Mn |
| Mar 31, 2024 | 5.20 Mn |
| Dec 31, 2023 | 5.72 Mn |
| Sep 30, 2023 | 5.82 Mn |
| Jun 30, 2023 | 7.45 Mn |
| Mar 31, 2023 | 5.94 Mn |
| Dec 31, 2022 | 174.55 Mn |
| Sep 30, 2022 | 8.59 Mn |
| Jun 30, 2022 | 5.80 Mn |
| Mar 31, 2022 | 7.05 Mn |
| Dec 31, 2021 | 13.81 Mn |
| Sep 30, 2021 | 2.88 Mn |
API Access
Stablecoin Development Total Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-liabilities&ticker=SDEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "ticker": "SDEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-liabilities&ticker=SDEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();