Stablecoin
10.61%
0.81%24h Change
7d Change
| 7d Chart | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
3 USDT 3Tether | $0.9999 | −0.01% | 0.00% | 0.06% | $183.39 B | $189.32 B | $45.64 B | |||
6 USDC 6USDC | $1.00 | −0.01% | 0.00% | 0.02% | $74.55 B | $74.54 B | $5.05 T | |||
14 USDS 14USDS | $0.9998 | 0.01% | −0.01% | −0.02% | $9.85 B | $9.85 B | $76.39 M | |||
19 DAI 19Dai | $1.00 | 0.00% | 0.02% | 0.02% | $4.58 B | $4.58 B | $221.44 M | |||
21 USDE 21Ethena USDe | $0.9998 | −0.02% | −0.01% | 0.02% | $4.37 B | $4.37 B | $35.90 M | |||
24 USD1 24USD1 | $0.9999 | 0.01% | 0.01% | 0.01% | $4.23 B | $4.23 B | $855.53 M | |||
31 PYUSD 31PayPal USD | $0.9999 | −0.01% | 0.00% | 0.02% | $2.94 B | $2.94 B | $54.97 M | |||
35 RLUSD 35Ripple USD | $1.00 | 0.01% | −0.02% | −0.09% | $2.41 B | $2.41 B | $30.10 M | |||
52 USDD 52USDD | $1.00 | −0.00% | 0.05% | 0.00% | $1.47 B | $1.47 B | $4.47 M | |||
54 U 54United Stables | $0.9994 | 0.02% | −0.00% | −0.06% | $1.28 B | $1.28 B | $131.11 M | |||
75 GHO 75GHO | $0.9991 | −0.02% | −0.01% | 0.11% | $698.37 M | $698.37 M | $3.17 M | |||
100 FDUSD 100First Digital USD | $0.9991 | 0.05% | 0.04% | 0.09% | $334.12 M | $334.09 M | $36.19 M | |||
102 USDF 102Falcon USD | $0.9962 | −0.10% | 0.11% | −0.00% | $1.18 B | $1.18 B | $115,209.96 | |||
105 TUSD 105TrueUSD | $0.9993 | −0.03% | 0.09% | 0.41% | $494.17 M | $494.17 M | $10.33 M | |||
109 SOFID 109SoFiUSD | $0.9996 | 0.03% | 0.02% | 0.05% | $324.47 M | $324.47 M | $1.66 M | |||
128 CRVUSD 128crvUSD | $0.9999 | −0.01% | 0.01% | 0.03% | $249.39 M | $249.39 M | $4.82 M | |||
153 USAT 153USAT | $0.9995 | −0.02% | −0.01% | 0.08% | $184.23 M | $184.19 M | $130,175.21 | |||
224 UUSD 224Unity USD | $1.00 | 0.39% | 0.49% | 0.44% | $100.30 M | $100.30 M | $2.70 M | |||
265 USDA 265USDA | $0.9383 | −0.39% | −2.03% | −1.22% | $81.60 M | $938,300.00 | $147,248.00 | |||
270 FXUSD 270f(x) Protocol fxUSD | $0.9999 | −0.02% | 0.03% | −0.00% | $79.03 M | $79.03 M | $320,593.00 | |||
272 EUSX 272Solstice eUSX | $1.04 | 0.00% | 0.10% | 0.10% | $78.79 M | $145.90 M | $210,075.44 | |||
282 LISUSD 282Lista USD | $0.9988 | 0.11% | 0.08% | 0.03% | $75.10 M | $75.10 M | $16,665.01 | |||
286 USDSUI 286USDsui | $1.00 | 0.09% | −0.26% | 0.02% | $74.11 M | $74.11 M | $2.11 M | |||
316 USDAT 316Saturn Dollar | $0.9993 | −0.03% | 0.00% | 0.03% | $65.68 M | $65.11 M | $2.30 M | |||
317 DOLA 317DOLA | $0.9973 | −0.02% | −0.04% | 0.11% | $65.31 M | $102.59 M | $249,298.00 | |||
325 FIDD 325Fidelity Digital Dollar | $0.9995 | −0.01% | −0.02% | 0.02% | $62.57 M | $62.57 M | $44.61 M | |||
347 JPYC 347JPY Coin | $0.006374 | −0.18% | 2.14% | 3.03% | $56.13 M | $56.09 M | $55,283.00 | |||
353 DUSD 353StandX DUSD | $0.9992 | −0.10% | 0.05% | −0.02% | $54.95 M | $54.95 M | $27,469.13 | |||
378 AUSDT 378Alloy Tether | $0.9997 | −0.03% | −7.44% | −0.13% | $50.10 M | $49.99 M | $5.08 | |||
379 USDKG 379USDKG | $1.00 | −0.42% | 2.79% | 0.21% | $50.00 M | $50.00 M | $14,873.81 | |||
387 USD+ 387Overnight.fi USD+ | $0.9996 | −0.36% | −0.07% | −0.06% | $48.07 M | $42.00 M | $15,847.74 | |||
421 ZCHF 421Frankencoin | $1.23 | 0.52% | −0.85% | 0.67% | $43.23 M | $43.23 M | $1.16 M | |||
436 XUSD 436StraitsX XUSD | $1.00 | 0.01% | 0.01% | −0.05% | $41.16 M | $41.13 M | $2.64 M | |||
441 YUSD 441Aegis YUSD | $1.00 | −1.97% | 0.28% | 1.11% | $40.74 M | $40.74 M | $404.22 | |||
456 GUSD 456Gemini Dollar | $0.9996 | −0.04% | 0.02% | 0.05% | $39.27 M | $39.27 M | $318,406.00 | |||
495 CUSD 495Celo Dollar | $0.9966 | −0.29% | −0.52% | 0.69% | $35.43 M | $57.05 M | $44,083.00 | |||
539 USN 539Noon USN | $1.01 | 0.64% | 1.07% | 0.91% | $34.49 M | $34.49 M | $59,984.83 | |||
540 BUSD 540BUSD | $0.9988 | −0.03% | 0.05% | 0.19% | $34.37 M | $34.37 M | $4,987.10 | |||
555 MSUSD 555Main Street USD | $0.426 | 4.27% | 24.06% | 26.03% | $32.03 M | $32.03 M | $20,195.00 | |||
570 EARNUSD 570Lido EarnUSD | $1.02 | −0.10% | 0.10% | 0.49% | $30.42 M | $30.42 M | $0.00 | |||
572 MUSD 572Mezo USD | $0.9908 | 0.05% | 0.03% | 0.88% | $30.27 M | $30.27 M | $177,867.00 | |||
585 USDK 585USDK | $1.02 | −0.21% | 3.86% | 3.68% | $29.29 M | $29.29 M | $6.92 | |||
588 USDP 588Pax Dollar | $1.00 | −0.10% | 0.11% | −0.01% | $29.17 M | $29.17 M | $5.95 M | |||
633 BUCK 633Bucket Protocol BUCK Stablecoin | $0.9979 | −0.02% | −0.06% | −0.04% | $25.91 M | $1,620.22 T | $373,387.00 | |||
648 JPYC 648JPY Coin | $0.009665 | −0.88% | 3.86% | 17.47% | $25.13 M | $20.68 M | $594.82 | |||
728 USDH 728USDH | $0.9949 | −0.05% | −0.09% | 0.02% | $21.25 M | $99.50 B | $29,929.24 | |||
871 MUSD 871MetaMask USD | $0.9999 | −0.01% | 0.00% | 0.05% | $16.18 M | $16.18 M | $502,338.00 | |||
947 EUROP 947Schuman EURØP | $1.15 | −0.17% | −0.10% | 0.50% | $14.02 M | $9.20 M | $20,651.97 | |||
993 XSGD 993XSGD | $0.7895 | 0.18% | 0.53% | 1.39% | $12.84 M | $66.02 M | $74,190.77 | |||
1000 HOLLAR 1000Hydrated Dollar | $0.9998 | 0.04% | 0.14% | −0.13% | $12.72 M | $12.72 M | $1.25 M | |||
1028 FUSD 1028Freedom Dollar | $0.9999 | −0.01% | 0.05% | 0.07% | $12.00 M | $12.00 M | $185,421.00 | |||
1043 YUSD 1043YUSD Stablecoin | $0.9967 | −0.00% | 0.07% | 0.04% | $11.81 M | $11.81 M | $6.78 | |||
1053 USDB 1053USDB | $1.00 | −0.69% | 0.12% | 0.31% | $11.65 M | $11.65 M | $9,758.59 | |||
1063 SUSD 1063Synthetix sUSD | $0.2602 | −0.04% | −38.19% | −48.12% | $11.34 M | $11.34 M | $15.13 | |||
1082 YUSD 1082YieldFi yToken | $0.9985 | 0.00% | 0.00% | 0.00% | $10.86 M | $10.86 M | $0.00 | |||
1100 INALPHA 1100Nest Alpha Vault (LP) | $0.9542 | 0.00% | 0.00% | 0.00% | $10.44 M | $10.44 M | $0.00 | |||
1112 SBC 1112Stable Coin | $1.00 | 0.68% | −0.76% | −0.17% | $10.25 M | $6.56 M | $3,675.74 | |||
1120 KPK_USDC_YIELDV2 1120kpk USDC Yield V2 Morpho Vault (Ethereum) | $1.04 | −0.19% | 0.29% | 0.67% | $10.09 M | $9.89 M | $0.00 | |||
1121 ALUSD 1121Alchemix USD | $0.9532 | −0.05% | 0.37% | 1.02% | $10.07 M | $3.14 M | $41,150.00 | |||
1125 MONEY 1125defi.money | $1.00 | 0.00% | −0.10% | 0.88% | $10.01 M | $10.01 M | $2.83 | |||
1128 USDX 1128Axis USD | $0.9994 | 0.03% | −0.16% | −0.16% | $9.99 M | $9.99 M | $936,007.00 | |||
1196 USDM 1196USDM | $1.00 | −2.34% | 0.49% | −0.74% | $8.92 M | $8.92 M | $159,350.00 | |||
1231 YOUSD 1231Yield Optimizer USD | $1.06 | 0.00% | 0.00% | 0.28% | $8.39 M | $8.39 M | $0.00 | |||
1255 USDQ 1255Quantoz USDQ | $0.9986 | 0.03% | 0.01% | 0.22% | $7.97 M | $10.98 M | $2.57 M | |||
1323 BUSD 1323Bera USD | $0.9994 | 0.07% | 0.30% | −0.61% | $7.00 M | $7.00 M | $447,936.00 | |||
1344 USDA 1344Anzens USDA | $1.00 | −1.28% | 0.60% | −1.51% | $6.77 M | $6.77 M | $66,757.00 | |||
1374 NOON 1374Noon | $0.01868 | −1.44% | 0.22% | −9.00% | $6.51 M | $18.68 M | $69.03 | |||
1400 OUSD 1400Origin Dollar | $1.00 | 0.11% | 0.00% | −0.10% | $6.23 M | $6.23 M | $20,793.00 | |||
1511 XUSD 1511Staked Stream USD | $0.02511 | 0.25% | 0.25% | −38.16% | $5.13 M | $5.13 M | $4.38 | |||
1552 USDSC 1552Startale USD | $0.9983 | −0.08% | −0.09% | 0.02% | $4.78 M | $4.78 M | $89,822.00 | |||
1562 NECT 1562Nectar | $0.9998 | 0.01% | −0.30% | 1.32% | $4.72 M | $4.72 M | $67,357.00 | |||
1588 ZARP 1588ZARP Stablecoin | $0.06161 | −0.06% | −0.62% | 1.22% | $4.56 M | $2.74 M | $825.06 | |||
1624 AUDD 1624Australian Digital Dollar | $0.724 | 0.32% | 1.02% | 3.33% | $4.25 M | $4.11 M | $14,692.47 | |||
1632 FTUSD 1632Flying Tulip USD | $0.998 | −0.00% | −0.00% | 0.05% | $4.18 M | $4.18 M | $4,627.72 | |||
1634 SBD 1634Steem Dollars | $0.4249 | −2.30% | 3.51% | 19.18% | $4.16 M | $4.16 M | $1.31 M | |||
1662 NTBILL 1662Nest Treasury Vault | $1.05 | 0.00% | 0.09% | 0.28% | $4.01 M | $4.01 M | $0.00 | |||
1681 PUSD 1681Plume USD | $0.9997 | 0.29% | 0.33% | 0.16% | $3.89 M | $3.89 M | $1,987.57 | |||
1705 HBUSDT 1705Hyperbeat USDT | $1.13 | 0.00% | 0.00% | 0.00% | $3.78 M | $3.78 M | $171.10 | |||
1711 EURQ 1711Quantoz EURQ | $1.12 | 0.00% | 0.00% | −2.61% | $3.75 M | $5.60 M | $4.11 M | |||
1718 FEI 1718Fei USD | $1.00 | −0.82% | 0.22% | 0.27% | $3.69 M | $3.95 M | $7,349.12 | |||
1811 USDXL 1811Last USD | $0.9919 | −0.91% | −0.56% | −1.25% | $3.17 M | $87.29 B | $1,565.93 | |||
1832 DOC 1832Dollar On Chain | $0.9951 | −2.61% | −0.36% | −0.63% | $3.05 M | $2.86 M | $6,646.57 | |||
1843 EVAUSDT 1843evaUSDT | $0.9979 | −0.09% | −0.01% | 0.10% | $2.96 M | $2.96 M | $59,662.00 | |||
1867 MUSD 1867mStable USD | $1.00 | −0.45% | −0.05% | −0.07% | $2.88 M | $41.09 M | $7.54 | |||
1883 USDCSO 1883USD Coin (Wormhole) | $1.03 | 0.00% | 5.33% | 4.02% | $2.82 M | $225,843.96 | $10.91 | |||
1964 EVAUSDC 1964evaUSDC | $0.9985 | −0.13% | −0.02% | −0.45% | $2.53 M | $2.53 M | $36,097.00 | |||
2005 AUDM 2005Macropod | $0.7188 | 0.47% | 0.17% | 2.54% | $2.40 M | $2.40 M | $70,670.00 | |||
2049 DEURO 2049Decentralized Euro | $1.53 | 33.97% | 33.97% | 33.44% | $2.26 M | $2.26 M | $4.94 | |||
2111 EURt 2111Tether EURt | $0.05715 | 147.41% | −3.68% | 19.58% | $2.08 M | $2.86 M | $30.89 | |||
2175 SCUSD 2175Rings scUSD | $1.00 | −0.30% | −0.00% | −0.02% | $1.92 M | $1.92 M | $4,335.72 | |||
2183 TUSD 2183Bridged TrueUSD | $0.9993 | −0.03% | 0.09% | −10.86% | $1.89 M | $1.89 M | $609.02 | |||
2259 VAI 2259Vai | $0.9984 | −0.03% | −0.04% | 0.06% | $1.75 M | $1.75 M | $542.37 | |||
2260 WBRL 2260Brazilian real | $0.1942 | −0.03% | 0.83% | 0.23% | $1.75 M | $308,010.32 | $1,778.89 | |||
2264 LZUSDC 2264Bridged USD Coin (LayerZero) | $0.9998 | −0.01% | 12.44% | 7.02% | $1.75 M | $1.75 M | $153.27 | |||
2266 DLLR 2266Sovryn Dollar | $0.9807 | 3.46% | −0.78% | −1.17% | $1.74 M | $1.74 M | $8,482.40 | |||
2351 CEUR 2351Celo Euro | $1.16 | 0.00% | 0.00% | 0.00% | $1.57 M | $1.57 M | $1,798.83 | |||
2367 FUSD 2367The Fedz FUSD | $0.9548 | −0.87% | −0.58% | 0.90% | $1.54 M | $1.54 M | $45.76 | |||
2376 USDV 2376Solomon USDv | $0.9987 | 0.39% | −0.22% | −0.29% | $1.51 M | $1.51 M | $2,877.53 | |||
2427 SSUPERUSD 2427SuperReturn sSuperUSD | $1.08 | 0.00% | 0.09% | 0.46% | $1.43 M | $1.43 M | $35,967.00 | |||
2429 IOUSDT 2429Bridged Tether (IoTeX) | $0.6862 | 17.70% | −31.38% | −31.42% | $1.42 M | $1.42 M | $101.85 |
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Frequently Asked Questions
What is a stablecoin?
A stablecoin is a crypto asset designed to hold a fixed value, almost always pegged 1:1 to the US dollar. Stablecoins give traders, DeFi protocols, and cross-border payments a non-volatile settlement asset and unit of account. DropsTab tracks more than 220 stablecoin projects with a combined market cap above $300B, a double-digit share of total crypto market value. The category spans dollar-pegged giants, regional fiat pegs, and yield-bearing synthetic dollars.
Which stablecoins have the largest market cap?
Tether (USDT) is the largest stablecoin by market cap, followed by USDC. Together USDT and USDC hold more than 80% of total stablecoin supply, making the category highly concentrated. Other major stablecoins include USDS, DAI, USD1, and Ethena USDe. DropsTab ranks every tracked stablecoin by live market cap, so the current order and any shift in concentration stay visible on the category page.
How do stablecoins work?
A stablecoin works by holding a peg to a reference asset through a backing or balancing mechanism. Fiat-backed stablecoins hold cash and short-term Treasuries in reserve and redeem 1:1. Crypto-backed stablecoins lock excess crypto collateral to absorb volatility. Algorithmic stablecoins adjust supply by formula, a model largely discredited after past collapses. The mechanism determines reliability: a stablecoin holds its peg only as long as its backing or incentives hold.
What are the types of stablecoins?
Stablecoins fall into five collateral models. Fiat-backed coins like USDT and USDC hold cash and Treasuries. Crypto-backed coins like DAI and crvUSD lock overcollateralized crypto. Commodity-backed coins like Quorium (QGOLD) track gold. Algorithmic coins balance supply by formula. Synthetic coins like Ethena USDe use crypto collateral plus a futures hedge. The category also covers regional fiat pegs for the euro, yen, Singapore dollar, and Turkish lira.
Who issues stablecoins?
Stablecoins are issued by three kinds of entities. Centralized companies back fiat-collateralized coins — Tether issues USDT, Circle issues USDC, and PayPal issues PYUSD. Decentralized protocols mint crypto-backed coins — Sky issues USDS and Aave issues GHO. Fintech and banking entrants like Ripple (RLUSD) and Fidelity now issue regulated dollar tokens. The issuer determines the backing model and reserve transparency, so issuer identity is a core trust signal for any stablecoin.
How are stablecoins evaluated for reliability?
Stablecoin reliability is judged by reserve quality, transparency, and peg stability — not by yield alone. Fiat-backed issuers publish attestations or audits proving 1:1 backing in cash and Treasuries. The US GENIUS Act, enacted in July 2025, requires 1:1 reserves and annual audits for issuers above $50B in supply. A stablecoin with opaque reserves or a history of peg deviation carries higher counterparty risk regardless of its size.
Can a stablecoin lose its peg?
Yes — any stablecoin can lose its peg, and a depeg means direct capital loss for holders. Fiat-backed coins depeg if reserves are insufficient or frozen, algorithmic coins collapse when incentives break, and synthetic coins slip when hedges fail. Several coins on DropsTab's stablecoin list trade well below $1, a live signal of distressed or failed pegs. Peg deviation is the clearest health metric for any stablecoin.
What are yield-bearing stablecoins?
Yield-bearing stablecoins pay holders a return while tracking the dollar. Ethena USDe is the most prominent example: USDe stays near $1 using a delta-neutral hedge — long crypto collateral offset by short perpetual-futures positions — and pays yield from funding rates and staking rewards. The yield is not risk-free: it depends on positive futures funding and on exchange and custody integrity, so returns fall or reverse when funding turns negative.
How does regulation affect the stablecoin market?
Regulation is the dominant force shaping the stablecoin market. The US GENIUS Act, enacted July 18, 2025, bans unlicensed stablecoin issuance and mandates full reserves, with federal implementing rules being finalized. In the EU, MiCA enforcement has already forced issuers to restructure or exit. Regulation favors large, transparent, fully-reserved issuers like Circle and Tether while pressuring opaque or algorithmic models — accelerating consolidation toward compliant fiat-backed coins.