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

$ 0.996587

+0.13%

-0.00%

-0.06%

$ 8.65M

$ 119.60K

Anzen USDz

USDZ

$ 0.972431

+0.03%

-0.00%

+0.04%

$ 7.33M

$ 4.48K

STASIS EURO

EURS

$ 1.19

0.00%

-0.83%

$ 7.01M

$ 16.31

Anzens USDA

USDA

$ 0.996363

-0.01%

-0.00%

-0.16%

$ 6.74M

$ 45.84K

Kyrgyz Som Stablecoin

KGST

$ 0.01139776

+0.07%

0.00%

+0.05%

$ 6.39M

$ 199.39K

Origin Dollar

OUSD

$ 0.999637

0.00%

+0.03%

$ 6.21M

$ 18.16K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Stables Labs USDX

USDX

$ 0.00882435

0.00%

-9.42%

$ 6.04M

$ 3.25

GYEN

$ 0.0063308

-0.15%

-0.01%

-0.14%

$ 6.01M

$ 60.58

AxCNH

AXCNH

$ 0.149061

+0.13%

0.00%

+0.06%

$ 5.83M

$ 65.13K

Australian Digital Dollar

AUDD

$ 0.71305

0.00%

-1.28%

$ 5.66M

$ 33.80K

Quantoz USDQ

USDQ

$ 0.998811

-0.01%

0.00%

-0.08%

$ 5.59M

$ 2.82M

VNX Swiss Franc

VCHF

$ 1.22

-0.81%

-0.01%

-1.61%

$ 4.95M

$ 118.47K

ZARP Stablecoin

ZARP

$ 0.061288

-0.24%

-0.00%

-0.63%

$ 4.41M

$ 79.72K

Djed

DJED

$ 0.985865

-0.26%

-0.01%

-0.42%

$ 3.96M

$ 6.76K

Fei USD

FEI

$ 0.999559

0.00%

-0.02%

$ 3.67M

$ 17.73K

Forte AUD

AUDF

$ 0.701744

+0.01%

0.00%

$ 3.56M

$ 729.25

Last USD

USDXL

$ 0.98151

-0.07%

-0.00%

-1.68%

$ 3.14M

$ 1.28K

Compliant Naira

CNGN

$ 0.00073094

0.00%

+0.49%

$ 3.09M

$ 2.05K

Macropod

AUDM

$ 0.716009

-0.01%

0.00%

-0.36%

$ 2.91M

$ 59.23K

mStable USD

MUSD

$ 0.994585

+0.01%

-0.01%

-0.15%

$ 2.86M

$ 166.30

Aussie Dollar Token

AUDX

$ 0.712993

0.00%

-0.00%

-1.34%

$ 2.46M

$ 10.70K

MXNB

$ 0.058421

0.00%

-0.00%

-1.15%

$ 2.42M

$ 131.85K

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Brazilian real

WBRL

$ 0.193986

0.00%

-0.00%

-0.68%

$ 1.78M

$ 11.07K

Web 3 Dollar

USD3

$ 1.11

0.00%

$ 1.71M

$ 498.24

Mountain Protocol USD

USDM

$ 0.993864

0.00%

-0.00%

-0.81%

$ 1.39M

$ 2.12

BiLira

TRYB

$ 0.02048033

0.00%

$ 1.38M

$ 5.69

Glo Dollar

USDGLO

$ 0.99982

+0.07%

0.00%

+0.05%

$ 1.31M

$ 9.67K

dTRINITY USD

DUSD

$ 0.99783

+0.03%

0.00%

-0.08%

$ 1.18M

$ 2.11K

Convertible JPY Token

CJPY

$ 0.00515155

-0.21%

-0.00%

-0.20%

$ 1.10M

$ 8.25K

IDRX

$ 5.708E-5

-0.07%

+0.04%

+0.21%

$ 1.06M

CAD Coin

CADC

$ 0.716886

0.00%

-0.00%

+0.03%

$ 990.71K

$ 38.63K

CAD Digital

CADD

$ 0.721575

0.00%

+0.00%

+0.34%

$ 921.01K

$ 20.92K

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

$ 0.092148

-0.01%

-0.04%

-4.50%

$ 734.34K

$ 808.36

OpenUSDT

OUSDT

$ 0.999772

0.00%

$ 660.19K

$ 1.64M

Monerium GBP emoney

GBPE

$ 1.36

0.00%

-2.86%

$ 534.05K

$ 1.44K

VAIOT

VAI

$ 0.001362

-13.08%

-15.95%

+17.30%

$ 516.37K

$ 3.83M

AllUnity EUR

EURAU

$ 1.15

0.00%

-0.00%

-0.86%

$ 497.25K

$ 27.73K

Opus CASH

CASH

$ 0.986484

-0.02%

-1.55%

$ 305.03K

$ 11.26K

Euro Tether

EURT

$ 0.058974

0.00%

-2.36%

$ 244.97K

$ 41.56

Prisma mkUSD

MKUSD

$ 0.99814

-0.39%

-0.00%

+0.11%

$ 244.77K

$ 608.42

Reservoir rUSD

RUSD

$ 0.999402

0.00%

+0.72%

$ 234.68K

$ 34.82

Colombian Peso

WCOP

$ 0.00031988

0.00%

+0.83%

$ 201.93K

$ 619.27

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

USDFC

$ 1.055

-0.09%

-0.07%

+1.93%

$ 176.68K

$ 1.38K

VNX British Pound

VGBP

$ 1.34

0.00%

$ 169.13K

$ 7.55

100

Meta USD

MUSD

$ 0.906064

-0.19%

-9.05%

$ 139.18K

$ 285.37

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

Tradable Crypto

Category

Fiat-backed Stablecoin

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

Disclaimer