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

Rupiah Token

IDRT

$ 5.207E-5

0.00%

-3.95%

$ 9.05M

USDB

$ 0.942294

-0.14%

-0.04%

-3.37%

$ 8.13M

$ 20.43

Kyrgyz Som Stablecoin

KGST

$ 0.01123503

-0.02%

0.00%

+0.13%

$ 8.05M

$ 172.92K

Anzen USDz

USDZ

$ 0.922087

-0.24%

-0.01%

-5.04%

$ 6.95M

$ 388.05

Anzens USDA

USDA

$ 0.998006

+0.21%

-0.00%

-0.30%

$ 6.75M

$ 118.39K

STASIS EURO

EURS

$ 1.12

0.00%

+0.01%

0.00%

$ 6.63M

$ 8.11K

Origin Dollar

OUSD

$ 0.999139

+0.01%

+0.00%

+0.15%

$ 6.47M

$ 645.51K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Stables Labs USDX

USDX

$ 0.00764622

0.00%

-7.37%

$ 5.23M

$ 7.27

VNX Swiss Franc

VCHF

$ 1.21

0.00%

+0.00%

+0.83%

$ 4.93M

$ 312.91K

ZARP Stablecoin

ZARP

$ 0.0602

-0.01%

+0.01%

+1.71%

$ 4.76M

$ 4.45K

AxCNH

AXCNH

$ 0.147508

-0.16%

-0.01%

-0.33%

$ 4.74M

$ 169.04

Australian Digital Dollar

AUDD

$ 0.70301

+0.03%

-0.00%

+0.10%

$ 4.30M

$ 45.61K

Djed

DJED

$ 0.998909

+0.58%

-0.01%

-0.51%

$ 4.01M

$ 56.59K

Fei USD

FEI

$ 0.999682

+0.01%

0.00%

+0.05%

$ 3.82M

$ 34.21K

Forte AUD

AUDF

$ 0.701323

+0.01%

+0.00%

+0.22%

$ 3.68M

$ 21.28K

Last USD

USDXL

$ 1.002

-0.10%

+0.01%

+1.63%

$ 3.21M

$ 4.63K

Brazilian real

WBRL

$ 0.186281

0.00%

-0.00%

-6.42%

$ 3.14M

$ 9.74K

MXNB

$ 0.052978

+0.01%

-0.00%

-0.92%

$ 3.11M

$ 254.17K

Compliant Naira

CNGN

$ 0.00072939

0.00%

+0.01%

+0.89%

$ 3.06M

$ 34.98K

BiLira

TRYB

$ 0.02035627

0.00%

$ 2.97M

$ 8.08

mStable USD

MUSD

$ 0.98362

0.00%

-0.01%

-0.07%

$ 2.83M

$ 24.99

Aussie Dollar Token

AUDX

$ 0.703312

-0.06%

-0.00%

+0.01%

$ 2.58M

$ 24.83K

GYEN

$ 0.00620151

+7.64%

+0.02%

+4.07%

$ 2.49M

$ 441.53

Vai

VAI

$ 0.99561

0.00%

-0.00%

-0.12%

$ 2.47M

$ 674.38

Macropod

AUDM

$ 0.699819

0.00%

-0.00%

+0.08%

$ 2.44M

$ 370.25K

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Glo Dollar

USDGLO

$ 0.998665

+0.50%

0.00%

-0.13%

$ 1.77M

$ 17.86K

Web 3 Dollar

USD3

$ 1.12

0.00%

+0.00%

0.00%

$ 1.68M

$ 138.39K

CAD Digital

CADD

$ 0.714387

-0.02%

+0.00%

+1.61%

$ 1.50M

$ 20.94K

dTRINITY USD

DUSD

$ 0.996507

+0.01%

0.00%

+0.04%

$ 1.10M

$ 160.34K

Convertible JPY Token

CJPY

$ 0.00501126

+1.62%

-0.01%

+1.07%

$ 1.07M

$ 42.25K

IDRX

$ 5.534E-5

-0.02%

+0.22%

-0.14%

$ 1.03M

Mountain Protocol USD

USDM

$ 0.999914

-0.01%

0.00%

-0.60%

$ 963.25K

$ 204.25

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

Klaytn Dai

KDAI

$ 0.094615

+0.76%

+0.01%

+3.49%

$ 752.34K

$ 2.18K

Monerium GBP emoney

GBPE

$ 1.43

0.00%

+0.00%

+6.72%

$ 721.59K

$ 9.45

Mexican Peso

WMXN

$ 0.053922

+0.01%

-0.00%

-0.88%

$ 666.65K

$ 1.53K

OpenUSDT

OUSDT

$ 0.998952

+0.01%

0.00%

-0.02%

$ 454.00K

$ 18.51K

Quantoz USDQ

USDQ

$ 0.997542

+0.03%

-0.00%

-0.11%

$ 452.88K

$ 10.43M

Colombian Peso

WCOP

$ 0.00031451

0.00%

-0.00%

-0.17%

$ 434.20K

$ 1.13K

AllUnity EUR

EURAU

$ 1.11

0.00%

-0.89%

$ 314.02K

$ 16.71K

Opus CASH

CASH

$ 0.996829

-0.52%

+0.00%

+0.07%

$ 308.17K

$ 29.70K

Prisma mkUSD

MKUSD

$ 0.990286

+0.09%

-0.00%

-0.23%

$ 242.84K

$ 44.14

Reservoir rUSD

RUSD

$ 0.992929

-1.30%

$ 227.92K

$ 383.80

Euro Tether

EURT

$ 0.05226

0.00%

+0.00%

-2.57%

$ 217.08K

$ 1.61

CAD Coin

CADC

$ 0.710753

0.00%

+0.04%

+0.85%

$ 208.81K

$ 53.04K

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

Telcoin MXN

EMXN

$ 0.053089

+0.25%

-0.00%

-5.95%

$ 191.01K

$ 107.37K

100

USDFC

$ 0.992045

-0.05%

-0.00%

+4.39%

$ 176.68K

$ 62.01K

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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