Top Fiat-backed Stablecoins by Market Capitalization

Fiat-backed stablecoins are digital assets directly pegged 1:1 to the value of a specific government-issued currency, such as the US Dollar. Issuing entities maintain reserves of actual fiat currency or equivalent liquid assets to back the tokens in circulation. This collateralized structure ensures high liquidity and stability, making them a cornerstone of crypto trading.

Coin

Price

Last 7 Days

Action

USDM

$ 0.993975

-0.47%

-0.00%

-0.12%

$ 8.57M

$ 142.98K

STASIS EURO

EURS

$ 1.19

0.00%

+0.00%

-4.80%

$ 7.02M

$ 27.15

Anzen USDz

USDZ

$ 0.918883

+0.13%

-0.05%

-5.51%

$ 6.93M

$ 46.11K

Anzens USDA

USDA

$ 0.999373

+0.15%

-0.00%

+0.74%

$ 6.75M

$ 76.43K

Kyrgyz Som Stablecoin

KGST

$ 0.01138412

+0.01%

0.00%

-0.06%

$ 6.38M

$ 305.39K

Origin Dollar

OUSD

$ 0.999211

+0.01%

0.00%

-0.02%

$ 6.20M

$ 37.98K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

GYEN

$ 0.00641368

-0.13%

+0.01%

-1.21%

$ 6.09M

$ 112.23

Stables Labs USDX

USDX

$ 0.00882435

0.00%

-1.41%

$ 6.04M

$ 3.25

Australian Digital Dollar

AUDD

$ 0.712549

+0.03%

-0.00%

-0.75%

$ 5.96M

$ 21.51K

AxCNH

AXCNH

$ 0.149014

+0.01%

-0.00%

-0.17%

$ 5.83M

$ 77.57K

Quantoz USDQ

USDQ

$ 0.997504

-0.03%

-0.00%

-0.15%

$ 5.58M

$ 2.75M

VNX Swiss Franc

VCHF

$ 1.21

-0.82%

-0.01%

-1.63%

$ 4.93M

$ 142.96K

ZARP Stablecoin

ZARP

$ 0.060585

+0.01%

-0.01%

-1.90%

$ 4.36M

$ 135.77K

Djed

DJED

$ 0.991529

-0.53%

-0.01%

+0.49%

$ 3.99M

$ 18.74K

Fei USD

FEI

$ 0.999436

0.00%

-0.03%

$ 3.67M

$ 44.30K

Forte AUD

AUDF

$ 0.701883

+0.04%

0.00%

+0.02%

$ 3.56M

$ 3.67K

Last USD

USDXL

$ 0.978467

0.00%

-0.00%

-1.88%

$ 3.13M

$ 1.15K

Compliant Naira

CNGN

$ 0.00072857

+0.02%

0.00%

+0.08%

$ 3.08M

$ 1.32K

Macropod

AUDM

$ 0.713266

-0.17%

-0.01%

-0.74%

$ 2.90M

$ 136.10K

mStable USD

MUSD

$ 0.998979

-0.02%

+0.00%

+0.63%

$ 2.87M

$ 774.54

MXNB

$ 0.058407

+0.01%

0.00%

-0.99%

$ 2.51M

$ 29.02K

Aussie Dollar Token

AUDX

$ 0.713305

+0.04%

0.00%

-1.13%

$ 2.46M

$ 2.60K

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Brazilian real

WBRL

$ 0.193726

+0.01%

-0.00%

-0.70%

$ 1.77M

$ 3.65K

Web 3 Dollar

USD3

$ 1.11

0.00%

$ 1.71M

$ 498.24

Mountain Protocol USD

USDM

$ 1.001

-0.10%

$ 1.40M

$ 25.94

BiLira

TRYB

$ 0.02048033

0.00%

$ 1.38M

$ 5.69

Glo Dollar

USDGLO

$ 0.995756

-0.23%

-0.00%

-0.27%

$ 1.32M

$ 35.79K

dTRINITY USD

DUSD

$ 0.998121

+0.02%

0.00%

-0.04%

$ 1.18M

$ 1.21K

Convertible JPY Token

CJPY

$ 0.00504962

-0.06%

-0.03%

-1.97%

$ 1.07M

$ 17.71K

IDRX

$ 5.7E-5

+0.02%

-0.28%

-0.16%

$ 1.06M

CAD Coin

CADC

$ 0.718856

+0.01%

0.00%

+0.52%

$ 993.43K

$ 25.18K

CAD Digital

CADD

$ 0.742439

-0.01%

+0.03%

+3.34%

$ 947.64K

$ 60.66K

VNX EURO

VEUR

$ 0.289208

0.00%

$ 799.39K

$ 0.10

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

Klaytn Dai

KDAI

$ 0.090101

-0.51%

-0.04%

-4.13%

$ 717.53K

$ 1.14K

OpenUSDT

OUSDT

$ 0.999438

+0.01%

0.00%

-0.03%

$ 645.49K

$ 1.23M

AllUnity EUR

EURAU

$ 1.15

0.00%

-0.00%

-0.86%

$ 519.92K

$ 13.87K

VAIOT

VAI

$ 0.001338

0.00%

-13.60%

+16.25%

$ 519.15K

$ 3.65M

Monerium GBP emoney

GBPE

$ 1.36

0.00%

-0.00%

0.00%

$ 491.21K

$ 584.32

Opus CASH

CASH

$ 1.02

+2.81%

+0.02%

+4.67%

$ 315.53K

$ 19.05K

Euro Tether

EURT

$ 0.058974

0.00%

-6.34%

$ 244.97K

$ 41.56

Prisma mkUSD

MKUSD

$ 0.998036

-0.01%

-0.00%

+0.41%

$ 244.75K

$ 1.34K

Reservoir rUSD

RUSD

$ 0.999402

0.00%

-0.01%

$ 234.68K

$ 34.82

Colombian Peso

WCOP

$ 0.00031807

0.00%

+0.22%

$ 200.79K

$ 306.70

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

VNX British Pound

VGBP

$ 1.34

0.00%

-0.00%

0.00%

$ 169.07K

$ 2.51

USDFC

$ 1.024

+0.49%

-0.09%

-0.97%

$ 161.80K

$ 19.00K

100

Meta USD

MUSD

$ 0.863679

-0.30%

-0.08%

-9.07%

$ 132.87K

$ 22.71

Frequently Asked Questions

What exactly are fiat-backed stablecoins?

Fiat-backed stablecoins are digital tokens strictly pegged to the value of a specific government-issued currency, such as the US dollar. The issuing company holds an equivalent amount of physical fiat money in reserve to back the stablecoin supply.

How do fiat-backed stablecoins differ from algorithmic stablecoins?

Fiat-backed stablecoins rely on physical bank reserves to guarantee a direct 1:1 redemption value. Algorithmic stablecoins do not use fiat reserves, relying instead on complex code and market arbitrage incentives to dynamically balance token supply.

Why is reserve transparency critical for fiat-backed stablecoins?

Reserve transparency and independent auditing prove that the issuer actually holds the physical fiat backing every circulating stablecoin, which is vital for maintaining user trust and preventing liquidity crises.

Can fiat-backed stablecoins face regulatory actions or account freezes?

Yes. Because fiat-backed stablecoins interface with traditional banking systems, fiat-backed stablecoins are highly susceptible to government regulations, and issuing entities can blacklist or freeze specific stablecoin addresses.

Disclaimer

The inclusion of digital assets in the Fiat-backed Stablecoin sector, along with the classification rules and market data, are sourced from independent third parties. Listing a token in this category does not constitute an endorsement, guarantee, or investment recommendation by MEXC. All content is for informational purposes only. Cryptocurrency prices are subject to market fluctuations; please conduct your own research (DYOR) and trade cautiously.

Top Fiat-backed Stablecoins by Market Capitalization

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