Buy CryptoMarketsSpotFuturesAMZNEarnEvent CenterRewards Hub
More
$1,000,000 TradFi Gala
Sign Up

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
$ 0.999043
0.00%
0.00%
+0.02%
$ 183.24B
$ 37.80B
2
USDCoin
USDCoin
USDC
$ 1.00071
0.00%
-0.02%
-0.03%
$ 74.85B
$ 67.38M
3
Sky Dollar
Sky Dollar
USDS
$ 1.0008
-0.02%
-0.08%
-0.03%
$ 10.58B
$ 51.78K
4
Ethena USDe
Ethena USDe
USDE
$ 1.0008
-0.01%
-0.02%
-0.02%
$ 4.49B
$ 772.28K
5
USD1
USD1
USD1
$ 0.99999
0.00%
-0.01%
+0.02%
$ 4.39B
$ 2.60M
6
Global Dollar
Global Dollar
USDG
$ 0.99921
-0.05%
0.00%
-0.05%
$ 3.43B
$ 194.29M
7
PayPal USD
PayPal USD
PYUSD
$ 0.999688
0.00%
0.00%
-0.02%
$ 2.72B
$ 61.95M
8
Ripple USD
Ripple USD
RLUSD
$ 1.0
0.00%
0.00%
0.00%
$ 1.55B
$ 75.13M
9
Falcon Finance
Falcon Finance
USDF
$ 0.9961
-0.01%
0.00%
0.00%
$ 1.30B
$ 201.36K
10
GHO
GHO
GHO
$ 0.998327
0.00%
0.00%
-0.03%
$ 647.91M
$ 1.68M
11
Usual USD
Usual USD
USD0
$ 0.998611
-0.01%
0.00%
-0.09%
$ 552.66M
$ 732.06K
12
TrueUSD
TrueUSD
TUSD
$ 0.9965
0.00%
+0.01%
-0.01%
$ 492.78M
$ 5.60K
13
A7A5
A7A5
A7A5
$ 0.01206602
0.00%
-0.01%
-1.00%
$ 473.29M
$ 6.03K
14
USDtb
USDtb
USDTB
$ 0.999945
-0.01%
0.00%
-0.01%
$ 353.01M
$ 2.88M
15
First Digital USD
First Digital USD
FDUSD
$ 0.998
+0.01%
0.00%
0.00%
$ 336.84M
$ 51.09K
16
AUSD
AUSD
AUSD
$ 0.999762
-0.01%
0.00%
0.00%
$ 212.40M
$ 3.48M
17
crvUSD
crvUSD
CRVUSD
$ 0.999084
0.00%
0.00%
0.00%
$ 211.19M
$ 6.21M
18
EUR CoinVertible
EUR CoinVertible
EURCV
$ 1.15
0.00%
-0.00%
+0.88%
$ 154.52M
$ 9.83M
19
Frax USD
Frax USD
FRXUSD
$ 0.999692
-0.01%
0.00%
-0.02%
$ 109.45M
$ 2.47M
20
Cygnus Finance Global USD
Cygnus Finance Global USD
CGUSD
$ 0.995798
0.00%
0.00%
-0.01%
$ 75.85M
$ 5.94
21
Crown BRLV
Crown BRLV
BRLV
$ 0.196588
0.00%
-0.00%
+0.89%
$ 73.48M
$ 2.34K
22
USDX
USDX
USDX
$ 0.658313
0.00%
--
0.00%
$ 73.45M
$ 4.54K
23
JPY Coin
JPY Coin
JPYC
$ 0.00633658
-0.03%
+0.00%
+4.06%
$ 55.80M
$ 107.83K
24
Brazilian Digital
Brazilian Digital
BRZ
$ 0.195503
+0.14%
+0.00%
+0.68%
$ 52.36M
$ 14.21K
25
DOLA
DOLA
DOLA
$ 0.996681
0.00%
0.00%
+0.03%
$ 46.54M
$ 502.36K
26
XUSD
XUSD
XUSD
$ 1.001
0.00%
0.00%
-0.01%
$ 44.60M
$ 55.78K
27
Gemini Dollar
Gemini Dollar
GUSD
$ 0.998776
0.00%
0.00%
-0.05%
$ 38.59M
$ 324.39K
28
Aegis YUSD
Aegis YUSD
YUSD
$ 0.998704
0.00%
0.00%
+0.06%
$ 35.94M
$ 73.98K
29
Tokenised GBP
Tokenised GBP
TGBP
$ 1.34
0.00%
-0.00%
+0.75%
$ 34.38M
$ 126.90K
30
Monerium EUR emoney
Monerium EUR emoney
EURE
$ 1.15
0.00%
-0.00%
+0.88%
$ 32.21M
$ 463.72K
31
Frax Staked frxUSD
Frax Staked frxUSD
SFRXUSD
$ 1.21
0.00%
0.00%
+0.83%
$ 32.21M
$ 148.37K
32
USDP
USDP
USDP
$ 1.0003
0.00%
+0.02%
-0.05%
$ 31.95M
$ 5.98K
33
MetaMask USD
MetaMask USD
MUSD
$ 0.999786
0.00%
0.00%
-0.02%
$ 28.50M
$ 1.43M
34
TerraClassicUSD
TerraClassicUSD
USTC
$ 0.005004
-0.30%
-0.36%
+0.52%
$ 27.97M
$ 15.39M
35
Liquity USD
Liquity USD
LUSD
$ 1.004
0.00%
-0.00%
0.00%
$ 27.49M
$ 16.72K
36
Hex Trust USD
Hex Trust USD
USDX
$ 0.997229
+0.36%
+0.00%
-2.14%
$ 24.23M
$ 13.72
37
FRAX
FRAX
FRAX
$ 0.2701
+0.22%
+3.72%
+6.54%
$ 23.87M
$ 291.82K
38
Electronic USD
Electronic USD
EUSD
$ 0.999472
+0.01%
0.00%
-0.05%
$ 22.83M
$ 837.15K
39
Royal Euro
Royal Euro
REUR
$ 1.14
0.00%
--
0.00%
$ 17.11M
$ 6.70M
40
USD CoinVertible
USD CoinVertible
USDCV
$ 0.999201
-0.02%
0.00%
0.00%
$ 12.42M
$ 18.04M
41
Stable Mint USD
Stable Mint USD
USDSM
$ 0.999501
-0.01%
0.00%
+0.01%
$ 12.40M
$ 76.16K
42
USDB
USDB
USDB
$ 0.997796
-0.01%
-0.00%
-0.62%
$ 11.99M
$ 10.00K
43
XSGD
XSGD
XSGD
$ 0.779569
+0.01%
0.00%
+0.65%
$ 11.84M
$ 524.26K
44
YUSD Stablecoin
YUSD Stablecoin
YUSD
$ 0.996006
-0.01%
0.00%
+0.07%
$ 11.80M
$ 0.67
45
MAI
MAI
MIMATIC
$ 0.997175
-0.01%
+0.00%
+1.09%
$ 11.79M
$ 16.10K
46
USAT
USAT
USAT
$ 0.9993
-0.01%
0.00%
-0.03%
$ 10.00M
$ 53.92K
47
Rupiah Token
Rupiah Token
IDRT
$ 5.641E-5
0.00%
0.00%
0.00%
$ 9.81M
--
48
Alchemix USD
Alchemix USD
ALUSD
$ 0.950525
-0.07%
0.00%
+1.87%
$ 9.76M
$ 72.21K
49
StablR USD
StablR USD
USDR
$ 0.4293
0.00%
-7.36%
-6.67%
$ 9.17M
$ 1.33K
50
Anzen USDz
Anzen USDz
USDZ
$ 0.977772
+0.05%
0.00%
+0.88%
$ 7.37M
$ 4.27K

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.