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Stablecoins by Market Capitalization

What is a stablecoin? Stablecoin is a cryptocurrency that is designed to minimize volatility by pegging to a more stable asset. Fiat currency digital asset is the most popular use case for stablecoins. It typically tracks popular national currencies such as the US Dollar, Euro, and the British Pound. Benefit of this includes being able to take advantage of blockchain technology and peer-to-peer value transfer while not being exposed to high volatility such as bitcoin, ethereum, or other cryptocurrencies. Stablecoins are relatively new kind of technology and each of them comes with different implementations, liquidity, risks, and acceptance.

2132728.308006713
Market Capitalization
1315139.3303374862
Trading Volume
New Portfolio
# Coin Price 24h Volume Exchanges Market Capitalization 30d Last 30 Days Circulation
1 $1.00 $73,128,786,035 329 $104,449,896,668 6.3% tether (USDT) 30d market cap chart
2 $0.9995 $9,789,804,890 316 $32,252,875,317 12.9% usdc (USDC) 30d market cap chart
3 $1.00 $1,153,130,648 228 $4,821,905,856 -3.2% dai (DAI) 30d market cap chart
4 $0.9981 $8,746,832,660 7 $2,546,379,678 -23.0% first digital usd (FDUSD) 30d market cap chart
5 $1.00000 $111,813,514 3 $1,390,903,362 187.8% ethena usde (USDE) 30d market cap chart
6 $0.9979 $5,715,768 18 $732,972,983 -1.5% usdd (USDD) 30d market cap chart
7 $0.9946 $10,233,119 47 $648,803,878 -0.1% frax (FRAX) 30d market cap chart
8 $2,207.29 $11,675,300 25 $546,893,748 9.0% tether gold (XAUT) 30d market cap chart
9 $0.9995 $75,548,767 57 $494,819,633 -60.8% trueusd (TUSD) 30d market cap chart
10 $2,188.78 $11,334,583 37 $404,006,984 -0.5% pax gold (PAXG) 30d market cap chart
11 $0.02866 $16,382,796 27 $256,205,303 -21.0% terraclassicusd (USTC) 30d market cap chart
12 $11.43 $815.99 4 $195,832,285 56.3% tor (TOR) 30d market cap chart
13 $0.9987 $11,970,755 20 $188,107,320 -39.8% paypal usd (PYUSD) 30d market cap chart
14 $1.00 $33,539.03 3 $167,379,651 0.5% alchemix usd (ALUSD) 30d market cap chart
15 $0.9893 $33,297,597 3 $149,324,321 -0.3% crvusd (CRVUSD) 30d market cap chart
16 $0.9994 $4,837,426 27 $148,011,533 -29.0% pax dollar (USDP) 30d market cap chart
17 $1.08 $2,958,251 8 $134,251,917 -0.8% stasis euro (EURS) 30d market cap chart
18 $0.9953 $1,872,865 9 $133,634,454 328.4% gemini dollar (GUSD) 30d market cap chart
19 $0.9934 $2,065,278 20 $123,508,446 -15.9% liquity usd (LUSD) 30d market cap chart
20 $0.8756 $337,464 2 $97,729,752 -0.8% usdx (USDX) 30d market cap chart
21 $0.9998 $9,951,436 77 $84,983,279 -0.3% busd (BUSD) 30d market cap chart
22 $0.9786 $507,860 7 $65,617,546 13.6% lista usd (LISUSD) 30d market cap chart
23 $0.9984 $1,770,298 9 $65,250,133 1902.4% dola (DOLA) 30d market cap chart
24 $0.3381 $444.62 4 $56,305,552 75.9% flexusd (FLEXUSD) 30d market cap chart
25 $0.9910 $273,836 30 $55,417,808 0.0% magic internet money (MIM) 30d market cap chart
26 $0.03087 $2,183.42 5 $51,672,458 14.5% bilira (TRYB) 30d market cap chart
27 $0.9963 $3,085,721 8 $50,610,290 -3.8% susd (SUSD) 30d market cap chart
28 $0.9760 $514.29 1 $45,329,673 0.3% bean (BEAN) 30d market cap chart
29 $0.9881 $20,898,973 2 $43,958,497 -52.1% prisma mkusd (MKUSD) 30d market cap chart
30 $0.7416 $17,918,735 11 $39,577,382 23.2% xsgd (XSGD) 30d market cap chart
31 $0.9949 $1,655,114 4 $39,250,817 13.9% gho (GHO) 30d market cap chart
32 $1.07 $4,358,288 27 $39,230,109 -1.2% euro tether (EURT) 30d market cap chart
33 $0.9980 $8,450,311 12 $38,795,189 -2.8% celo dollar (CUSD) 30d market cap chart
34 $1.15 $21,103.02 11 $36,259,420 -18.2% dforce usd (USX) 30d market cap chart
35 $0.9987 $11,011,897 13 $25,155,132 5.6% verified usd (USDV) 30d market cap chart
36 $0.8530 $171,469 10 $23,580,360 -4.1% mai (MIMATIC) 30d market cap chart
37 $0.9537 $247,161 1 $21,357,660 -42.2% eusd (EUSD) 30d market cap chart
38 $1.08 $1,098,430 11 $19,672,355 -9.3% eura (EURA) 30d market cap chart
39 $0.9910 $9,559.05 3 $15,129,202 10.9% fei usd (FEI) 30d market cap chart
40 $0.08008 $17,048.10 4 $14,995,283 29.4% husd (HUSD) 30d market cap chart
41 $0.006524 $35,217.94 5 $14,652,034 5.6% gyen (GYEN) 30d market cap chart
42 $0.9950 $11.62 2 $11,831,528 153.3% yusd stablecoin (YUSD) 30d market cap chart
43 $0.9962 $238,749 4 $10,806,214 -17.6% origin dollar (OUSD) 30d market cap chart
44 $1.08 $1,607,511 5 $9,767,534 -8.2% celo euro (CEUR) 30d market cap chart
45 $0.9968 $824,107 2 $8,532,636 11.5% usk (USK) 30d market cap chart
46 $0.9999 $70,249.63 6 $7,593,322 47.5% vai (VAI) 30d market cap chart
47 $1.13 $450,288 2 $4,313,704 1.7% silk (SILK) 30d market cap chart
48 $0.9920 $214,391 2 $3,981,464 0.6% djed (DJED) 30d market cap chart
49 $1.01 $377.58 1 $3,831,298 eusd (old) (EUSD) 30d market cap chart
50 $0.9474 $208.05 3 $3,067,839 mstable usd (MUSD) 30d market cap chart
51 $0.1393 $809.06 1 $2,745,860 -4.4% cnh tether (CNHT) 30d market cap chart
52 $1.08 $34,354.20 6 $2,419,471 2.9% vnx euro (VEUR) 30d market cap chart
53 $1.05 $131,713 6 $2,359,382 -0.3% parallel (PAR) 30d market cap chart
54 $1.07 - 1 $2,013,010 - seur (SEUR) 30d market cap chart
55 - - 0 $1,762,295 - r (R) 30d market cap chart
56 $0.3256 - 2 $1,755,755 - equilibrium eosdt (EOSDT) 30d market cap chart
57 $0.9949 $52,921.91 2 $1,129,207 -0.8% sperax usd (USDS) 30d market cap chart
58 $0.1306 $111.12 4 $1,082,075 31.4% spiceusd (USDS) 30d market cap chart
59 $0.9671 $18,924.44 2 $706,086 20.0% zasset zusd (ZUSD) 30d market cap chart
60 $1.15 - 4 $562,169 - usdk (USDK) 30d market cap chart
61 $0.00006316 $39.43 3 $475,985 -1.7% xidr (XIDR) 30d market cap chart
62 $1.00 $1,637.23 8 $341,735 -0.4% bob (BOB) 30d market cap chart
63 $0.004062 $29,631.80 2 $221,380 -6.9% basis cash (BAC) 30d market cap chart
64 $1.01 $306.35 2 $181,696 -51.6% vesta stable (VST) 30d market cap chart
65 $0.1139 $38,184.86 2 $174,416 -4.6% one cash (ONC) 30d market cap chart
66 $0.004939 - 1 $156,660 - convertible jpy token (CJPY) 30d market cap chart
67 $1.15 $50,699.15 3 $125,392 -7.3% poundtoken (GBPT) 30d market cap chart
68 $0.7097 $7.55 4 $32,495.31 -27.8% coin98 dollar (CUSD) 30d market cap chart
69 $0.04921 $156.76 2 $9,579.57 8.0% usd balance (USDB) 30d market cap chart
70 $1.00 $43,497.73 2 - 0% utopia usd (UUSD) 30d market cap chart
71 $0.1221 $0.06460 1 - 0% truecnh (TCNH) 30d market cap chart
72 $0.01309 - 1 - - iron bsc (IRON) 30d market cap chart
73 $1.04 $27.08 4 - 0% xdollar stablecoin (XUSD) 30d market cap chart
74 $1.10 $72.86 3 - 0% jarvis synthetic swiss franc (JCHF) 30d market cap chart
75 $0.9815 $14,697.44 7 - 0% jarvis synthetic euro (JEUR) 30d market cap chart
76 $0.02878 $21,890.45 11 - 0% wrapped ustc (USTC) 30d market cap chart
77 $0.0002707 $40.86 1 - 0% iron (IRON) 30d market cap chart
78 $0.7269 $1,736.98 3 - 0% cad coin (CADC) 30d market cap chart
79 $0.02208 $1,047.49 2 - 0% bdollar (BDO) 30d market cap chart
80 $1.00 $24,590,898 45 - 0% binance-peg busd (BUSD) 30d market cap chart
81 $1.00 $116,356 7 - 0% xdai (XDAI) 30d market cap chart
82 $1.01 $197,590 3 - fraxtal bridged frax (fraxtal) (FRAX) 30d market cap chart
83 $1.08 $1,183,424 5 - 0% monerium eur emoney (EURE) 30d market cap chart
84 $0.006516 $118,745 8 - 0% jpy coin (JPYC) 30d market cap chart
85 $0.6683 $1,866.62 2 - 0% sora synthetic usd (XSTUSD) 30d market cap chart
86 $0.3108 $9,930.52 3 - 0% klaytn dai (KDAI) 30d market cap chart
87 $0.008319 $11.96 5 - 0% jpy coin v1 (JPYC) 30d market cap chart
88 $0.9905 - 0 - - synth ousd (OUSD) 30d market cap chart
89 - - 0 - - usds classic (USDS) 30d market cap chart
90 $1.04 - 2 - - solv protocol stusd (STUSD) 30d market cap chart
91 $0.5502 $303,010 1 - 0% decentralized usd (DUSD) 30d market cap chart
92 $0.08640 - 0 - - qcash (QC) 30d market cap chart
93 $1.00 $83,277,322 32 - 0% bridged usdc (polygon pos bridge) (USDC.E) 30d market cap chart
94 - - 0 - - bridged tether (lightlink) (USDT.E) 30d market cap chart
95 - - 0 - - bridged usdc (lightlink) (USDC.E) 30d market cap chart
96 - - 0 - - bridged dai (lightlink) (DAI.E) 30d market cap chart

What are Stablecoins

Stablecoins are a type of cryptocurrency pegged to a reference asset like fiat money, or other commodities like gold. Stablecoins minimize the volatility of the crypto space by maintaining their pegs. There are four major types of stablecoins: fiat-backed stablecoins, crypto-collateralized stablecoins, commodity-backed stablecoins, and algorithmic stablecoins. 

Centralized Stablecoins

Fiat-backed stablecoins, like USDT and USDC, are issued by a central entity and backed by reserves that are equal or greater than their tokens in circulation. However, the reserve breakdown between USDT and USDC is quite different. In the case of USDT, this includes secured loans, corporate bonds, funds and precious metals in addition to cash and cash equivalents. On the other hand, USDC is only backed by U.S. Treasury Securities and cash deposits. Commodity-collateralized stablecoins are similar to fiat-backed stablecoins, except that they are backed by other physical assets like precious metals, oils, or real estate. 

Decentralized Stablecoins

Unlike centralized stablecoins, which are issued by a central entity, decentralized stablecoins run on smart contracts, with governance input from a designated community (the DAO). DAI by MakerDao is an example of a decentralized stablecoin, and it is collateralized by other cryptocurrencies such as ETH. In order for DAI to maintain a stable price, users borrow against their locked collateral. Due to the volatility of cryptocurrencies, users must deposit collateral worth more than the value they intend to borrow, and this collateral can be liquidated by the protocol if the value decreases below a certain threshold.

Finally, there are algorithmic stablecoins. These rely on two tokens – a stablecoin and another cryptocurrency that serves as the backing of the stablecoin – and an algorithm (or smart contract) regulates the supply and demand so that the stablecoin can maintain its peg. This worked in the case of Terra’s UST and LUNA, until UST’s depeg in May 2022 resulted in arbitrageurs exchanging it for LUNA, which was then dumped on the open market, creating a freefall on both fronts.

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