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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
101
Telcoin MXN
Telcoin MXN
EMXN
$ 0.057983
0.00%
-0.19%
-0.24%
$ 185.59K
$ 27.66K
102
VNX British Pound
VNX British Pound
VGBP
$ 1.37
0.00%
-0.09%
0.00%
$ 172.83K
$ 2.83
103
USDFC
USDFC
USDFC
$ 0.990617
+0.11%
+0.49%
-1.53%
$ 160.05K
$ 29.12K
104
Zasset zUSD
Zasset zUSD
ZUSD
$ 1.004
+0.55%
-0.49%
+0.10%
$ 75.77K
$ 5.07
105
Autonomous Secure Dollar
Autonomous Secure Dollar
USSD
$ 0.994223
+0.01%
-0.04%
-0.44%
$ 70.49K
$ 17.67
106
Chilean Peso
Chilean Peso
WCLP
$ 0.00116635
0.00%
-0.11%
+0.51%
$ 59.24K
$ 352.58
107
Mexican Peso
Mexican Peso
WMXN
$ 0.058246
+0.01%
+0.64%
+0.27%
$ 56.42K
$ 219.45
108
Colombian Peso
Colombian Peso
WCOP
$ 0.00027418
-0.60%
-0.55%
-0.28%
$ 53.85K
$ 214.23
109
Move Dollar
Move Dollar
MOD
$ 1.015
-0.29%
+2.79%
+2.17%
$ 39.05K
$ 393.59
110
Peruvian Sol
Peruvian Sol
WPEN
$ 0.3034
-0.20%
+0.04%
-0.06%
$ 37.27K
$ 100.63
111
ARYZE eUSD
ARYZE eUSD
EUSD
$ 0.780397
0.00%
0.00%
0.00%
$ 20.68K
$ 10.76
112
Classic USD
Classic USD
USC
$ 1.021
0.00%
0.00%
-4.85%
$ 19.28K
$ 3.77
113
ARYZE eEUR
ARYZE eEUR
EEUR
$ 1.069
0.00%
0.00%
0.00%
$ 17.47K
$ 2.00
114
KRWO
KRWO
KRWO
$ 0.00067694
-0.21%
+0.39%
-0.34%
$ 13.74K
$ 33.92
115
Coin98 Dollar
Coin98 Dollar
CUSD
$ 0.33108
0.00%
-0.01%
-0.57%
$ 12.42K
$ 1.22
116
ARYZE eGBP
ARYZE eGBP
EGBP
$ 1.2
0.00%
0.00%
0.00%
$ 9.66K
$ 26.43
117
CKUSDT
CKUSDT
CKUSDT
$ 1
0.00%
-0.03%
+0.05%
--
$ 55.42K
118
BOB
BOB
BOB
$ 0.005714
-0.28%
-0.78%
-3.18%
--
$ 11.39M
119
USAD
USAD
USAD
$ 0.9993
0.00%
+4.29%
+5.05%
--
$ 5.00
120
USD Mapped Token
USD Mapped Token
USDM
$ 1.0043
-0.18%
+3.46%
+1.00%
--
$ 58.64K

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.