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

USDM

$ 0.999816

-0.12%

+0.01%

+0.35%

$ 8.63M

$ 171.15K

Kyrgyz Som Stablecoin

KGST

$ 0.01138698

-0.09%

0.00%

-0.09%

$ 7.58M

$ 139.19K

Stables Labs USDX

USDX

$ 0.01067819

0.00%

+21.01%

$ 7.31M

$ 49.06

Anzen USDz

USDZ

$ 0.941859

+0.05%

+0.00%

-3.27%

$ 7.10M

$ 2.38K

STASIS EURO

EURS

$ 1.18

0.00%

$ 6.97M

$ 47.15

Anzens USDA

USDA

$ 1.001

-0.30%

0.00%

+0.45%

$ 6.77M

$ 90.24K

Origin Dollar

OUSD

$ 0.999042

0.00%

-0.03%

$ 6.17M

$ 62.11K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

GYEN

$ 0.00635345

-0.51%

-0.01%

-1.14%

$ 6.03M

$ 150.46

AxCNH

AXCNH

$ 0.148288

0.00%

+0.00%

-0.58%

$ 5.80M

$ 94.15

Quantoz USDQ

USDQ

$ 0.998997

+0.01%

0.00%

-0.04%

$ 5.59M

$ 4.81M

Australian Digital Dollar

AUDD

$ 0.712453

-0.04%

-0.00%

+0.16%

$ 5.45M

$ 5.17K

VNX Swiss Franc

VCHF

$ 1.23

+0.82%

-0.00%

0.00%

$ 4.99M

$ 151.59K

ZARP Stablecoin

ZARP

$ 0.061868

+0.12%

-0.00%

+0.26%

$ 4.45M

$ 516.43

Djed

DJED

$ 0.995573

-0.44%

-0.00%

-0.21%

$ 3.99M

$ 28.45K

Fei USD

FEI

$ 0.999731

+0.02%

0.00%

-0.01%

$ 3.69M

$ 26.93K

Forte AUD

AUDF

$ 0.702958

-0.01%

+0.00%

+0.17%

$ 3.57M

$ 4.42K

Last USD

USDXL

$ 1.001

0.00%

+1.43%

$ 3.20M

$ 801.09

MXNB

$ 0.058141

0.00%

-1.32%

$ 2.92M

$ 21.76K

mStable USD

MUSD

$ 0.998369

+0.01%

0.00%

-0.66%

$ 2.87M

$ 423.11

BiLira

TRYB

$ 0.02049992

0.00%

+0.10%

$ 2.75M

$ 0.68

Compliant Naira

CNGN

$ 0.00072725

0.00%

-0.00%

-0.30%

$ 2.73M

$ 1.41

Aussie Dollar Token

AUDX

$ 0.712878

0.00%

-0.28%

$ 2.46M

$ 58.11K

Macropod

AUDM

$ 0.712424

-0.08%

-0.00%

-0.53%

$ 2.34M

$ 33.78K

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Brazilian real

WBRL

$ 0.193952

0.00%

+0.00%

-0.20%

$ 1.75M

$ 1.59K

Vai

VAI

$ 0.99996

0.00%

+0.00%

+0.10%

$ 1.74M

$ 10.08K

Web 3 Dollar

USD3

$ 1.11

0.00%

$ 1.71M

$ 21.75K

Mountain Protocol USD

USDM

$ 1.002

-0.20%

-0.30%

$ 1.40M

$ 80.40

dTRINITY USD

DUSD

$ 0.997546

-0.11%

0.00%

-0.08%

$ 1.18M

$ 4.01K

Convertible JPY Token

CJPY

$ 0.00516069

-0.04%

-0.00%

+0.02%

$ 1.10M

$ 4.03K

IDRX

$ 5.67E-5

0.00%

-0.26%

-0.63%

$ 1.05M

Glo Dollar

USDGLO

$ 1.001

+0.10%

0.00%

$ 1.00M

$ 16.47K

CAD Coin

CADC

$ 0.711024

-0.28%

-0.00%

-0.86%

$ 982.61K

$ 41.15K

CAD Digital

CADD

$ 0.71793

-0.01%

-0.39%

$ 931.91K

$ 14.16K

VNX EURO

VEUR

$ 0.289208

0.00%

$ 799.39K

$ 0.10

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

Klaytn Dai

KDAI

$ 0.094644

+0.81%

-0.02%

+0.44%

$ 755.05K

$ 1.99K

OpenUSDT

OUSDT

$ 0.99957

0.00%

-0.01%

$ 624.54K

$ 505.21K

Monerium GBP emoney

GBPE

$ 1.35

0.00%

-0.74%

$ 463.84K

$ 7.83K

AllUnity EUR

EURAU

$ 1.15

0.00%

-0.86%

$ 410.54K

$ 3.14K

Euro Tether

EURT

$ 0.079784

0.00%

+34.91%

$ 331.42K

$ 81.21

Opus CASH

CASH

$ 0.984598

-1.32%

-0.00%

-2.42%

$ 304.46K

$ 102.09K

Prisma mkUSD

MKUSD

$ 0.998568

+0.05%

0.00%

-0.24%

$ 244.88K

$ 230.56

Reservoir rUSD

RUSD

$ 1.014

0.00%

+0.01%

+1.46%

$ 233.41K

$ 2.02K

Colombian Peso

WCOP

$ 0.00032065

0.00%

+0.00%

+0.31%

$ 202.41K

$ 219.15

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

USDFC

$ 1.15

0.00%

-0.04%

+0.88%

$ 187.67K

$ 8.81K

VNX British Pound

VGBP

$ 1.34

0.00%

$ 169.11K

$ 3.65

100

Meta USD

MUSD

$ 0.995962

-0.17%

-0.00%

+16.37%

$ 153.01K

$ 4.28K

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