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

Alchemix USD

ALUSD

$ 0.954062

+0.12%

-0.00%

+0.59%

$ 9.95M

$ 97.53K

Rupiah Token

IDRT

$ 5.468E-5

0.00%

-0.11%

-2.64%

$ 9.51M

Kyrgyz Som Stablecoin

KGST

$ 0.01133433

+0.55%

+0.00%

+0.33%

$ 8.50M

$ 298.63K

Anzen USDz

USDZ

$ 0.978238

+0.01%

0.00%

+4.70%

$ 7.38M

$ 10.84K

Anzens USDA

USDA

$ 1.002

+0.52%

+0.00%

+1.46%

$ 6.77M

$ 44.25K

STASIS EURO

EURS

$ 1.093

0.00%

-0.01%

-7.37%

$ 6.46M

$ 1.16K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Origin Dollar

OUSD

$ 0.999599

+0.02%

0.00%

-0.01%

$ 6.09M

$ 41.16K

GYEN

$ 0.00635704

+0.50%

-0.06%

-7.35%

$ 5.94M

$ 102.55

Stables Labs USDX

USDX

$ 0.00863925

0.00%

-2.22%

$ 5.91M

$ 2.38

AxCNH

AXCNH

$ 0.149373

+0.14%

+0.00%

+2.10%

$ 5.84M

$ 598.02

VNX Swiss Franc

VCHF

$ 1.21

0.00%

-0.01%

-0.82%

$ 4.94M

$ 210.04K

Australian Digital Dollar

AUDD

$ 0.694336

+0.17%

-0.00%

-0.26%

$ 4.74M

$ 14.58K

ZARP Stablecoin

ZARP

$ 0.05958

+0.22%

-0.01%

-0.82%

$ 4.48M

$ 45.82K

Djed

DJED

$ 1.007

+1.72%

+0.01%

+1.98%

$ 4.05M

$ 50.84K

Forte AUD

AUDF

$ 0.703631

0.00%

-0.19%

$ 3.98M

$ 4.35K

Fei USD

FEI

$ 0.999498

+0.03%

0.00%

+0.02%

$ 3.75M

$ 15.84K

Last USD

USDXL

$ 0.982234

+0.08%

-0.00%

-1.19%

$ 3.14M

$ 1.36K

Brazilian real

WBRL

$ 0.199033

0.00%

+0.01%

+1.35%

$ 3.00M

$ 3.37K

BiLira

TRYB

$ 0.02042661

0.00%

-0.33%

$ 2.98M

$ 10.20

MXNB

$ 0.054658

0.00%

+0.01%

-1.54%

$ 2.91M

$ 341.88K

mStable USD

MUSD

$ 0.994838

+0.04%

-0.00%

-0.12%

$ 2.86M

$ 348.92

Compliant Naira

CNGN

$ 0.00073527

0.00%

+0.00%

+0.24%

$ 2.72M

$ 2.20K

Vai

VAI

$ 0.998583

+0.12%

0.00%

-0.01%

$ 2.48M

$ 206.05

Aussie Dollar Token

AUDX

$ 0.695632

0.00%

-0.00%

-0.15%

$ 2.47M

$ 3.76K

Macropod

AUDM

$ 0.693401

+0.61%

-0.00%

-0.22%

$ 2.12M

$ 151.40K

Quantoz USDQ

USDQ

$ 0.998407

+0.04%

0.00%

-0.11%

$ 1.97M

$ 3.05M

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Web 3 Dollar

USD3

$ 1.12

0.00%

+0.90%

$ 1.79M

$ 16.62K

Mountain Protocol USD

USDM

$ 1.003

+0.10%

+0.20%

$ 1.41M

$ 54.12

dTRINITY USD

DUSD

$ 0.998121

+0.01%

0.00%

-0.01%

$ 1.10M

$ 52.68

Convertible JPY Token

CJPY

$ 0.00512667

+0.38%

-0.01%

+0.68%

$ 1.09M

$ 7.56K

IDRX

$ 5.599E-5

-0.02%

-0.18%

-0.07%

$ 1.04M

Glo Dollar

USDGLO

$ 1.007

+0.50%

0.00%

+0.73%

$ 1.01M

$ 9.59K

CAD Coin

CADC

$ 0.693644

0.00%

-0.00%

-0.29%

$ 958.62K

$ 16.23K

CAD Digital

CADD

$ 0.699956

0.00%

-0.00%

-0.48%

$ 930.61K

$ 6.16K

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

Klaytn Dai

KDAI

$ 0.095924

+1.03%

-0.03%

-0.75%

$ 771.55K

$ 3.43K

Monerium GBP emoney

GBPE

$ 1.33

0.00%

$ 717.03K

$ 1.40K

OpenUSDT

OUSDT

$ 0.999155

+0.01%

0.00%

-0.07%

$ 583.60K

$ 531.45K

Mexican Peso

WMXN

$ 0.05553

0.00%

+0.01%

-0.98%

$ 546.37K

$ 586.69

Colombian Peso

WCOP

$ 0.00030881

-0.60%

-0.00%

-1.14%

$ 426.33K

$ 1.37K

AllUnity EUR

EURAU

$ 1.12

0.00%

-0.00%

-0.88%

$ 358.95K

$ 6.13K

Opus CASH

CASH

$ 0.996708

+1.61%

0.00%

+0.97%

$ 308.19K

$ 41.10K

Prisma mkUSD

MKUSD

$ 0.998132

+0.59%

-0.00%

+1.20%

$ 244.77K

$ 1.16K

USDFC

$ 0.999102

+2.18%

-0.09%

-0.59%

$ 234.49K

$ 153.07K

Reservoir rUSD

RUSD

$ 1.003

-0.20%

+0.00%

+0.31%

$ 227.30K

$ 10.38

Euro Tether

EURT

$ 0.052445

-0.03%

-0.02%

-3.07%

$ 217.84K

$ 47.87

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

100

VNX British Pound

VGBP

$ 1.34

0.00%

$ 169.03K

$ 5.70

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