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

$ 1.001

+0.10%

+0.00%

+0.46%

$ 8.64M

$ 119.47K

Anzen USDz

USDZ

$ 0.975952

+0.60%

+0.00%

+0.35%

$ 7.36M

$ 5.26K

STASIS EURO

EURS

$ 1.19

+0.85%

+0.01%

0.00%

$ 7.01M

$ 74.95

Anzens USDA

USDA

$ 0.999288

+0.10%

+0.00%

-0.06%

$ 6.75M

$ 45.90K

Kyrgyz Som Stablecoin

KGST

$ 0.01138818

0.00%

+0.05%

$ 6.39M

$ 224.85K

Origin Dollar

OUSD

$ 0.999309

+0.01%

0.00%

-0.02%

$ 6.21M

$ 10.54K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Stables Labs USDX

USDX

$ 0.00882435

0.00%

-9.34%

$ 6.04M

$ 3.25

GYEN

$ 0.00632307

-0.07%

-0.02%

-0.78%

$ 6.00M

$ 60.23

Australian Digital Dollar

AUDD

$ 0.712517

0.00%

+0.04%

$ 5.96M

$ 16.67K

AxCNH

AXCNH

$ 0.148945

0.00%

-0.00%

-0.15%

$ 5.83M

$ 63.64K

Quantoz USDQ

USDQ

$ 0.998552

+0.01%

0.00%

-0.03%

$ 5.59M

$ 2.91M

VNX Swiss Franc

VCHF

$ 1.22

0.00%

-0.00%

-1.61%

$ 4.97M

$ 122.70K

ZARP Stablecoin

ZARP

$ 0.061299

-0.01%

-0.00%

-0.65%

$ 4.41M

$ 119.92K

Djed

DJED

$ 0.996895

-0.06%

-0.00%

+0.20%

$ 4.01M

$ 6.80K

Fei USD

FEI

$ 0.999505

0.00%

-0.03%

$ 3.67M

$ 21.67K

Forte AUD

AUDF

$ 0.701792

0.00%

$ 3.56M

$ 1.30K

Last USD

USDXL

$ 0.98114

+0.02%

-0.00%

-1.73%

$ 3.14M

$ 1.36K

Compliant Naira

CNGN

$ 0.00073086

0.00%

+0.39%

$ 3.09M

$ 2.09K

Macropod

AUDM

$ 0.714005

-0.02%

-0.00%

-0.60%

$ 2.90M

$ 101.85K

mStable USD

MUSD

$ 0.995422

0.00%

-0.00%

+0.65%

$ 2.86M

$ 194.73

Aussie Dollar Token

AUDX

$ 0.712993

0.00%

-1.33%

$ 2.46M

$ 10.70K

MXNB

$ 0.058359

0.00%

-0.00%

-1.29%

$ 2.42M

$ 134.94K

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Brazilian real

WBRL

$ 0.193751

0.00%

-0.00%

-0.81%

$ 1.77M

$ 15.51K

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

$ 0.998773

-0.10%

+0.00%

-0.05%

$ 1.31M

$ 31.93K

dTRINITY USD

DUSD

$ 0.997074

-0.10%

-0.00%

-0.17%

$ 1.18M

$ 104.72

Convertible JPY Token

CJPY

$ 0.0051585

-0.06%

0.00%

+0.60%

$ 1.10M

$ 9.61K

IDRX

$ 5.698E-5

+0.02%

-0.19%

-0.04%

$ 1.06M

CAD Coin

CADC

$ 0.716806

0.00%

+0.03%

$ 990.58K

$ 35.04K

CAD Digital

CADD

$ 0.71953

-0.01%

-0.00%

+0.11%

$ 918.37K

$ 3.33K

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

$ 0.092153

-0.25%

-0.00%

-4.89%

$ 734.37K

$ 873.38

OpenUSDT

OUSDT

$ 0.999664

0.00%

-0.02%

$ 643.12K

$ 1.60M

VAIOT

VAI

$ 0.00151

0.00%

-7.52%

+25.18%

$ 565.95K

$ 3.70M

Monerium GBP emoney

GBPE

$ 1.36

+0.74%

$ 536.07K

$ 1.46K

AllUnity EUR

EURAU

$ 1.15

0.00%

-0.86%

$ 497.07K

$ 22.22K

Opus CASH

CASH

$ 0.989058

-0.06%

+0.01%

+2.31%

$ 305.83K

$ 11.41K

Euro Tether

EURT

$ 0.058974

0.00%

-2.44%

$ 244.97K

$ 41.56

Prisma mkUSD

MKUSD

$ 0.99811

-0.03%

0.00%

+0.22%

$ 244.82K

$ 1.18K

Reservoir rUSD

RUSD

$ 0.999402

0.00%

+0.16%

$ 234.68K

$ 34.82

Colombian Peso

WCOP

$ 0.00031783

0.00%

-0.01%

+0.18%

$ 200.63K

$ 640.09

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

USDFC

$ 1.057

+0.19%

-0.10%

+2.42%

$ 174.82K

$ 2.29K

VNX British Pound

VGBP

$ 1.34

0.00%

+0.75%

$ 169.11K

$ 2.36

100

Meta USD

MUSD

$ 0.898888

+0.17%

+0.02%

-9.69%

$ 138.02K

$ 282.54

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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