Top Stablecoins by Market Capitalization

Stablecoins are cryptocurrencies designed to maintain a consistent value by pegging their price to external assets like fiat currencies. They provide the rapid settlement benefits of digital assets while minimizing typical market volatility. Traders widely use them as a safe haven during market fluctuations, a medium of exchange, and a base currency for trading pairs.

Coin

Price

Last 7 Days

Action

251

Etherfuse GILTS

GILTS

$ 1.43

0.00%

+0.70%

$ 70.06K

$ 1.85K

252

Autonomous Secure Dollar

USSD

$ 0.999031

-0.01%

+0.00%

-0.99%

$ 69.83K

$ 1.13K

253

Silk

SILK

$ 0.100548

0.00%

$ 68.38K

$ 14.59K

254

Mento Kenyan Shilling

KESM

$ 0.00773345

-0.04%

0.00%

+0.20%

$ 67.19K

$ 75.57

255

Nora Brazilian Real Stablecoin

BRS

$ 0.181583

-0.29%

-0.00%

-1.96%

$ 58.65K

$ 30.32K

256

Mento Nigerian Naira

NGNM

$ 0.00073052

0.00%

$ 56.60K

$ 9.94

257

Aesyx Dollar

AXD

$ 1.003

0.00%

$ 56.47K

$ 10.87

258

Solid

SOLID

$ 1.0

+0.77%

+0.00%

-2.34%

$ 55.25K

$ 1.02K

259

Basis Cash

BAC

$ 0.00095009

-1.12%

-0.00%

+3.43%

$ 51.85K

$ 1.26K

260

Dephaser JPY

JPYT

$ 0.00618231

-0.02%

+0.58%

$ 45.12K

$ 65.64

261

Peruvian Sol

WPEN

$ 0.29145

-0.01%

0.00%

-0.33%

$ 41.66K

$ 64.82

262

HEX Dollar Coin

HEXDC

$ 1.06

-0.38%

+0.01%

-1.21%

$ 33.32K

$ 688.22

263

Thai Baht TrueMoney

THBT

$ 0.03021017

+0.16%

-0.00%

+1.62%

$ 32.88K

$ 8.78K

264

Mento Philippine Peso

PHPM

$ 0.01576883

0.00%

+0.84%

$ 25.61K

$ 4.40

265

USDST

$ 0.99921

0.00%

-0.03%

$ 25.55K

$ 17.78K

266

cGHS

CGHS

$ 0.08594

-0.03%

+0.00%

-0.63%

$ 23.45K

$ 543.01

267

Mento Colombian Peso

COPM

$ 0.00031878

0.00%

$ 21.68K

$ 9.93

268

Move Dollar

MOD

$ 1.0

+0.83%

+0.01%

+1.35%

$ 20.00K

$ 25.61K

269

Hyperstable USD

USH

$ 1.078

0.00%

$ 16.70K

$ 330.44

270

Mento Australian Dollar

AUDM

$ 0.709888

0.00%

$ 16.24K

$ 14.56K

271

CKUSDT

$ 1.0002

-0.02%

0.00%

-0.04%

$ 53.47K

272

FUSD

$ 1

0.00%

+0.01%

$ 53.13K

273

STABLE

$ 0.029454

+0.34%

+8.19%

+7.54%

$ 4.01M

274

USDGO

$ 1.0011

0.00%

-0.03%

-0.01%

$ 107.62K

275

USAD

$ 1.0007

0.00%

-0.11%

+0.02%

$ 125.69

276

BOB

$ 0.004271

-0.19%

+0.19%

-3.66%

$ 12.52M

Frequently Asked Questions

What is the primary purpose of stablecoins in the cryptocurrency market?

Stablecoins are designed to maintain a consistent price, providing cryptocurrency traders with a safe haven from market volatility and offering a reliable medium of exchange for purchasing other digital assets.

Are all stablecoins fully backed by traditional fiat currencies?

No. While fiat-backed stablecoins rely on bank reserves, algorithmic stablecoins use smart contracts to balance supply, and crypto-backed stablecoins use over-collateralized digital assets to maintain their price peg.

How do cryptocurrency traders utilize stablecoins during bear markets?

During bear markets, cryptocurrency traders often sell volatile altcoins and hold stablecoins to preserve capital value, ensuring traders have liquid funds ready when new purchasing opportunities arise.

Why are stablecoin trading pairs essential for decentralized exchanges (DEXs)?

Stablecoin trading pairs provide a reliable pricing baseline on decentralized exchanges (DEXs), ensuring that liquidity providers do not suffer massive impermanent losses due to the extreme price swings of regular cryptocurrencies.

What causes a stablecoin to lose its intended price peg?

How do over-collateralized crypto-backed stablecoins maintain their value?

Disclaimer

The inclusion of digital assets in the Stablecoins 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 Stablecoins by Market Capitalization

Tradable Crypto

Category

Stablecoins

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

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