Buy CryptoMarketsSpotFuturesEarn

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
1
Tether
Tether
USDT
$ 0.999894
--
+0.01%
--
$ 189.63B
--
2
USDCoin
USDCoin
USDC
$ 0.9999
+0.01%
+0.01%
+0.01%
$ 78.26B
$ 29.74M
3
Sky Dollar
Sky Dollar
USDS
$ 0.9997
-0.01%
+0.01%
+0.01%
$ 11.45B
$ 56.49K
4
USD1
USD1
USD1
$ 0.9997
+0.01%
0.00%
0.00%
$ 4.54B
$ 6.30M
5
Dai
Dai
DAI
$ 0.999768
--
-0.01%
--
$ 4.41B
--
6
Ethena USDe
Ethena USDe
USDE
$ 0.9995
0.00%
0.00%
0.00%
$ 3.94B
$ 734.16K
7
PayPal USD
PayPal USD
PYUSD
$ 0.99998
--
-0.00%
--
$ 3.43B
--
8
Global Dollar
Global Dollar
USDG
$ 0.999952
--
+0.00%
--
$ 2.58B
--
9
Falcon Finance
Falcon Finance
USDF
$ 0.9982
-0.04%
+0.04%
+0.04%
$ 1.62B
$ 95.28K
10
Ripple USD
Ripple USD
RLUSD
$ 0.999906
--
+0.02%
--
$ 1.56B
--
11
Decentralized USD
Decentralized USD
USDD
$ 0.9997
-0.05%
-0.05%
-0.05%
$ 1.47B
$ 666.01
12
USDtb
USDtb
USDTB
$ 0.999618
--
+0.01%
--
$ 627.17M
--
13
GHO
GHO
GHO
$ 0.99966
--
+0.00%
--
$ 583.80M
--
14
Usual USD
Usual USD
USD0
$ 0.998177
--
+0.01%
--
$ 557.67M
--
15
A7A5
A7A5
A7A5
$ 0.01296829
--
+2.89%
--
$ 508.45M
--
16
TrueUSD
TrueUSD
TUSD
$ 0.9991
0.00%
-0.01%
-0.01%
$ 494.02M
$ 19.98K
17
First Digital USD
First Digital USD
FDUSD
$ 0.9987
0.00%
+0.04%
+0.04%
$ 404.38M
$ 214.77K
18
crvUSD
crvUSD
CRVUSD
$ 0.999661
--
+0.00%
--
$ 259.24M
--
19
Royal Dollar
Royal Dollar
RUSD
$ 0.999867
--
+0.03%
--
$ 249.97M
--
20
STASIS EURO
STASIS EURO
EURS
$ 1.22
--
+0.16%
--
$ 151.15M
--
21
Frax USD
Frax USD
FRXUSD
$ 0.999329
--
-0.03%
--
$ 138.17M
--
22
AUSD
AUSD
AUSD
$ 0.99971
--
+0.00%
--
$ 133.42M
--
23
EUR CoinVertible
EUR CoinVertible
EURCV
$ 1.17
--
+0.08%
--
$ 126.97M
--
24
JUSD
JUSD
JUSD
$ 0.999855
--
+0.01%
--
$ 86.21M
--
25
XDAI
XDAI
XDAI
$ 0.999855
--
+0.02%
--
$ 84.34M
--
26
Cygnus Finance Global USD
Cygnus Finance Global USD
CGUSD
$ 0.993715
--
-0.00%
--
$ 75.10M
--
27
DOLA
DOLA
DOLA
$ 0.993219
--
-0.01%
--
$ 64.98M
--
28
XUSD
XUSD
XUSD
$ 1.0002
-0.01%
-0.01%
-0.01%
$ 63.87M
$ 58.28K
29
USDX
USDX
USDX
$ 0.533693
--
-2.86%
--
$ 59.56M
--
30
Crown BRLV
Crown BRLV
BRLV
$ 0.202745
--
+0.07%
--
$ 54.33M
--
31
Brazilian Digital
Brazilian Digital
BRZ
$ 0.202539
--
-0.32%
--
$ 53.90M
--
32
FRAX
FRAX
FRAX
$ 0.4729
+2.07%
+2.01%
+2.01%
$ 42.58M
$ 136.17K
33
Frax Staked frxUSD
Frax Staked frxUSD
SFRXUSD
$ 1.19
--
-0.17%
--
$ 42.14M
--
34
Gemini Dollar
Gemini Dollar
GUSD
$ 0.999447
--
+0.02%
--
$ 40.95M
--
35
USDP
USDP
USDP
$ 0.9999
0.00%
0.00%
0.00%
$ 40.57M
$ 15.98K
36
BUSD
BUSD
BUSD
$ 0.9984
--
-1.73%
--
$ 39.96M
--
37
TerraClassicUSD
TerraClassicUSD
USTC
$ 0.007154
+0.67%
-0.06%
-0.06%
$ 39.94M
$ 27.93M
38
Aegis YUSD
Aegis YUSD
YUSD
$ 0.992003
--
-0.00%
--
$ 35.77M
--
39
MetaMask USD
MetaMask USD
MUSD
$ 1.0
--
-0.12%
--
$ 31.31M
--
40
Tokenised GBP
Tokenised GBP
TGBP
$ 1.36
--
-0.03%
--
$ 30.98M
--
41
Liquity USD
Liquity USD
LUSD
$ 1.002
--
+0.03%
--
$ 28.71M
--
42
Monerium EUR emoney
Monerium EUR emoney
EURE
$ 1.17
--
+0.11%
--
$ 28.51M
--
43
Synthetix sUSD
Synthetix sUSD
SUSD
$ 0.715004
--
+1.04%
--
$ 23.51M
--
44
Electronic USD
Electronic USD
EUSD
$ 1.0
--
+0.20%
--
$ 23.01M
--
45
USDB
USDB
USDB
$ 0.998308
--
+0.04%
--
$ 20.94M
--
46
JPY Coin
JPY Coin
JPYC
$ 0.00635232
--
-0.40%
--
$ 20.81M
--
47
USD CoinVertible
USD CoinVertible
USDCV
$ 0.999581
--
-0.02%
--
$ 20.16M
--
48
Royal Euro
Royal Euro
REUR
$ 1.17
--
+0.05%
--
$ 17.63M
--
49
Alchemix USD
Alchemix USD
ALUSD
$ 0.980227
--
-0.03%
--
$ 17.04M
--
50
Stables Labs USDX
Stables Labs USDX
USDX
$ 0.02301771
--
-7.93%
--
$ 15.76M
--

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.