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

Alloy Tether

AUSDT

$ 0.999679

0.00%

-0.03%

$ 50.10M

$ 3.50

USDKG

$ 0.999846

0.00%

+0.03%

$ 49.99M

$ 10.16K

Fidelity Digital Dollar

FIDD

$ 0.999565

-0.02%

0.00%

-0.02%

$ 49.87M

$ 62.30M

Precious Metals USD

PMUSD

$ 0.511771

0.00%

+0.14%

+7.15%

$ 48.11M

$ 38.43K

AllUnity CHF

CHFAU

$ 1.22

0.00%

-0.00%

-0.81%

$ 47.66M

$ 27.89K

JupUSD

JUPUSD

$ 0.999867

0.00%

+0.01%

$ 46.76M

$ 9.33M

Resupply USD

REUSD

$ 0.989627

+0.02%

0.00%

-0.02%

$ 46.38M

$ 678.28K

XUSD

$ 1.0006

+0.02%

-0.01%

+0.03%

$ 41.16M

$ 54.07K

Gemini Dollar

GUSD

$ 1.001

0.00%

+0.00%

+0.15%

$ 39.27M

$ 981.59K

Eurite

EURI

$ 1.1598

0.00%

-0.08%

-0.09%

$ 38.44M

$ 8.88K

pathUSD

PATHUSD

$ 1.003

+0.10%

+0.01%

-0.30%

$ 36.84M

$ 25.98K

Main Street USD

MSUSD

$ 0.487648

0.00%

+0.00%

+19.35%

$ 36.70M

$ 852.15

Metronome Synth USD

MSUSD

$ 0.706221

+0.06%

+0.03%

+41.94%

$ 36.51M

$ 1.51M

Aegis YUSD

YUSD

$ 0.999574

0.00%

+0.10%

$ 34.93M

$ 4.51K

Noon USN

USN

$ 0.999123

0.00%

-0.04%

$ 34.46M

$ 5.39

BUSD

$ 1.001

0.00%

+0.00%

+0.19%

$ 34.44M

$ 2.67K

BOLD

$ 0.998463

+0.02%

0.00%

-0.13%

$ 34.31M

$ 1.02M

Monerium EUR emoney

EURE

$ 1.16

0.00%

$ 32.88M

$ 1.45M

Universal USD

USDU

$ 0.999628

0.00%

-0.04%

$ 30.64M

$ 19.69

Hive Dollar

HBD

$ 0.922087

0.00%

-2.25%

$ 30.43M

$ 15.20

Mezo USD

MUSD

$ 0.989596

0.00%

-0.08%

$ 30.11M

$ 125.84K

USDP

$ 0.998

0.00%

-0.09%

-0.53%

$ 29.10M

$ 34.66K

TerraClassicUSD

USTC

$ 0.005166

+0.14%

+2.71%

-5.40%

$ 28.73M

$ 10.71M

BRLA Digital BRLA

BRLA

$ 0.188855

0.00%

+0.00%

-2.48%

$ 28.53M

$ 102.96K

Tokenised GBP

TGBP

$ 1.35

0.00%

$ 26.99M

$ 170.62K

Liquity USD

LUSD

$ 1.011

-0.10%

-0.00%

+0.10%

$ 26.59M

$ 81.91K

MetaMask USD

MUSD

$ 0.999852

0.00%

-0.01%

$ 26.43M

$ 5.28M

Bucket Protocol BUCK Stablecoin

BUCK

$ 0.998022

-0.06%

0.00%

+0.21%

$ 25.91M

$ 329.16K

FRAX

$ 0.2751

+0.29%

+1.74%

-8.88%

$ 24.19M

$ 214.69K

JPY Coin v1

JPYC

$ 0.00971339

0.00%

+0.01%

-0.95%

$ 23.97M

$ 90.82

Electronic USD

EUSD

$ 1.0

-0.10%

+0.00%

+0.12%

$ 22.90M

$ 295.67K

Hex Trust USD

USDX

$ 0.980413

-0.83%

-1.33%

$ 22.24M

$ 2.05

USDH

$ 0.996409

+0.01%

0.00%

+0.39%

$ 21.28M

$ 1.61K

NXUSD

$ 1.002

+0.10%

0.00%

-0.60%

$ 18.99M

$ 8.16K

Hylo USD

HYUSD

$ 0.999188

-0.01%

0.00%

+0.05%

$ 17.41M

$ 1.58M

OpenEden OpenDollar

USDO

$ 0.998111

0.00%

-0.01%

$ 17.21M

$ 1.96

MegaUSD

USDM

$ 0.999581

0.00%

+0.14%

$ 16.90M

$ 193.00K

Mento Dollar

USDM

$ 0.992255

-0.51%

+0.01%

-0.08%

$ 14.25M

$ 1.12M

eSui Dollar

SUIUSDE

$ 0.999353

0.00%

-0.06%

$ 13.09M

$ 67.47K

XSGD

$ 0.788316

+0.02%

0.00%

-0.04%

$ 13.00M

$ 708.33K

Unity

UTY

$ 0.999707

0.00%

-0.01%

$ 12.99M

$ 8.00

Hydrated Dollar

HOLLAR

$ 0.99861

-0.08%

+0.00%

-0.02%

$ 12.71M

$ 1.09M

VCRED

$ 0.999807

0.00%

-0.22%

$ 12.60M

$ 62.86

Stable Coin

SBC

$ 0.999636

-0.02%

0.00%

-0.04%

$ 12.58M

$ 19.48K

USD CoinVertible

USDCV

$ 1.0

+0.03%

0.00%

$ 12.55M

$ 59.44M

Stable Mint USD

USDSM

$ 0.999826

0.00%

$ 12.22M

$ 22.06K

YUSD Stablecoin

YUSD

$ 0.996158

0.00%

-0.07%

$ 11.80M

$ 34.79

MAI

MIMATIC

$ 0.97853

-0.11%

0.00%

-0.06%

$ 11.61M

$ 9.70K

Youves uUSD

UUSD

$ 0.9986

0.00%

$ 11.52M

$ 44.64

100

USDB

$ 0.997022

+0.04%

-0.00%

-0.79%

$ 11.46M

$ 107.87K

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

Disclaimer