Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
Ondo Tokenized Stocks Carnival

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
$ 0.999536
0.00%
-0.01%
-0.03%
$ 189.77B
$ 72.47B
2
USDCoin
USDCoin
USDC
$ 1.0002
0.00%
+0.02%
+0.03%
$ 77.14B
$ 32.01M
3
Sky Dollar
Sky Dollar
USDS
$ 1.0002
-0.01%
+0.02%
+0.01%
$ 11.03B
$ 57.46K
4
USD1
USD1
USD1
$ 0.9998
0.00%
+0.02%
+0.01%
$ 4.41B
$ 3.94M
5
Ethena USDe
Ethena USDe
USDE
$ 1.0005
-0.01%
+0.07%
+0.09%
$ 3.97B
$ 1.61M
6
PayPal USD
PayPal USD
PYUSD
$ 0.999862
+0.01%
+0.01%
+0.01%
$ 3.46B
$ 73.20M
7
Global Dollar
Global Dollar
USDG
$ 0.99966
+0.01%
-0.01%
-0.02%
$ 3.42B
$ 281.91M
8
Falcon Finance
Falcon Finance
USDF
$ 0.9991
+0.05%
-0.10%
+0.08%
$ 1.62B
$ 93.03K
9
Ripple USD
Ripple USD
RLUSD
$ 0.999939
0.00%
-0.01%
+0.01%
$ 1.55B
$ 119.06M
10
Decentralized USD
Decentralized USD
USDD
$ 0.9996
0.00%
0.00%
-0.01%
$ 1.47B
$ 704.94
11
USDtb
USDtb
USDTB
$ 0.999611
0.00%
+0.03%
+0.02%
$ 813.45M
$ 5.68M
12
GHO
GHO
GHO
$ 0.999417
0.00%
-0.00%
-0.02%
$ 583.66M
$ 8.72M
13
Usual USD
Usual USD
USD0
$ 0.997995
0.00%
-0.00%
-0.02%
$ 556.47M
$ 51.96K
14
A7A5
A7A5
A7A5
$ 0.01291873
0.00%
-0.47%
+1.59%
$ 506.52M
$ 392.11
15
TrueUSD
TrueUSD
TUSD
$ 0.9999
-0.01%
-0.01%
+0.08%
$ 494.42M
$ 6.70K
16
First Digital USD
First Digital USD
FDUSD
$ 0.9982
-0.01%
-0.05%
-0.09%
$ 409.79M
$ 424.90K
17
Royal Dollar
Royal Dollar
RUSD
$ 0.999878
-0.01%
+0.04%
0.00%
$ 250.01M
$ 131.17M
18
crvUSD
crvUSD
CRVUSD
$ 0.999687
+0.01%
-0.01%
-0.01%
$ 243.99M
$ 22.00M
19
STASIS EURO
STASIS EURO
EURS
$ 1.2
0.00%
-2.11%
-0.83%
$ 148.91M
$ 10.77K
20
Frax USD
Frax USD
FRXUSD
$ 0.999734
+0.02%
-0.00%
+0.02%
$ 138.67M
$ 2.70M
21
AUSD
AUSD
AUSD
$ 0.999822
0.00%
-0.00%
-0.01%
$ 137.69M
$ 37.83M
22
EUR CoinVertible
EUR CoinVertible
EURCV
$ 1.17
0.00%
-0.21%
-0.85%
$ 122.60M
$ 59.46M
23
JUSD
JUSD
JUSD
$ 0.999543
0.00%
-0.01%
-0.03%
$ 86.19M
$ 137.82K
24
Cygnus Finance Global USD
Cygnus Finance Global USD
CGUSD
$ 0.993441
+0.01%
-0.00%
-0.03%
$ 75.10M
$ 7.82
25
DOLA
DOLA
DOLA
$ 0.993846
+0.01%
+0.02%
+0.12%
$ 64.98M
$ 146.21K
26
Crown BRLV
Crown BRLV
BRLV
$ 0.199168
+0.01%
-2.36%
-2.36%
$ 62.38M
$ 5.61K
27
USDX
USDX
USDX
$ 0.549975
0.00%
+0.57%
+0.23%
$ 61.36M
$ 4.33K
28
XUSD
XUSD
XUSD
$ 1
0.00%
-0.16%
-0.02%
$ 53.86M
$ 60.40K
29
Brazilian Digital
Brazilian Digital
BRZ
$ 0.19939
-0.32%
-1.85%
-1.98%
$ 53.12M
$ 205.94K
30
Frax Staked frxUSD
Frax Staked frxUSD
SFRXUSD
$ 1.2
0.00%
-0.04%
0.00%
$ 42.38M
$ 163.96K
31
FRAX
FRAX
FRAX
$ 0.4761
-0.04%
-2.94%
+1.58%
$ 41.98M
$ 234.47K
32
USDP
USDP
USDP
$ 1
0.00%
+0.01%
0.00%
$ 40.57M
$ 45.77K
33
Gemini Dollar
Gemini Dollar
GUSD
$ 0.999057
-0.02%
-0.07%
-0.03%
$ 40.05M
$ 308.73K
34
BUSD
BUSD
BUSD
$ 0.998454
+0.07%
+0.14%
+0.14%
$ 39.96M
$ 2.44K
35
TerraClassicUSD
TerraClassicUSD
USTC
$ 0.006744
-0.12%
-5.84%
-5.17%
$ 37.75M
$ 18.28M
36
Aegis YUSD
Aegis YUSD
YUSD
$ 0.992036
-0.01%
-0.73%
-0.08%
$ 35.69M
$ 8.74K
37
Tokenised GBP
Tokenised GBP
TGBP
$ 1.35
0.00%
-0.00%
-0.74%
$ 32.12M
$ 11.43K
38
MetaMask USD
MetaMask USD
MUSD
$ 0.99977
-0.01%
+0.02%
0.00%
$ 31.31M
$ 3.75M
39
Liquity USD
Liquity USD
LUSD
$ 1.001
-0.10%
+0.01%
0.00%
$ 28.64M
$ 46.04K
40
Monerium EUR emoney
Monerium EUR emoney
EURE
$ 1.17
0.00%
-0.23%
-0.85%
$ 28.21M
$ 126.43K
41
Electronic USD
Electronic USD
EUSD
$ 0.999737
-0.03%
-0.18%
0.00%
$ 23.00M
$ 190.54K
42
Synthetix sUSD
Synthetix sUSD
SUSD
$ 0.661226
-0.02%
+8.07%
-8.21%
$ 21.68M
$ 294.13K
43
JPY Coin
JPY Coin
JPYC
$ 0.00631421
-0.04%
-0.06%
-0.56%
$ 20.68M
$ 224.01K
44
USDB
USDB
USDB
$ 0.994312
-0.67%
+1.51%
-0.46%
$ 17.63M
$ 202.93K
45
Royal Euro
Royal Euro
REUR
$ 1.17
0.00%
-0.19%
-0.85%
$ 17.57M
$ 60.69M
46
XSGD
XSGD
XSGD
$ 0.786442
+0.01%
-0.05%
-0.26%
$ 14.67M
$ 527.63K
47
USD CoinVertible
USD CoinVertible
USDCV
$ 0.999058
0.00%
-0.03%
-0.06%
$ 12.89M
$ 13.54M
48
WSPN
WSPN
WUSD
$ 0.998
-0.02%
-0.02%
-0.07%
$ 12.26M
$ 56.87K
49
Alchemix USD
Alchemix USD
ALUSD
$ 0.964878
+0.02%
-0.38%
-0.60%
$ 12.06M
$ 201.01K
50
YUSD Stablecoin
YUSD Stablecoin
YUSD
$ 0.995866
0.00%
+0.45%
-0.09%
$ 11.79M
$ 25.74

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.