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

USDB

$ 0.954851

0.00%

$ 8.25M

$ 1.47

Kyrgyz Som Stablecoin

KGST

$ 0.01122975

+0.01%

0.00%

-0.06%

$ 7.26M

$ 147.68K

Anzen USDz

USDZ

$ 0.922831

0.00%

+0.00%

-0.38%

$ 6.92M

$ 62.64

Anzens USDA

USDA

$ 0.997904

+0.21%

+0.01%

+0.24%

$ 6.75M

$ 41.95K

STASIS EURO

EURS

$ 1.11

0.00%

-0.00%

-0.89%

$ 6.57M

$ 3.84K

Origin Dollar

OUSD

$ 0.998888

0.00%

-0.02%

$ 6.28M

$ 13.68K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Stables Labs USDX

USDX

$ 0.00741369

+0.01%

-0.02%

$ 5.07M

$ 1.47

VNX Swiss Franc

VCHF

$ 1.22

0.00%

+0.00%

+0.83%

$ 4.97M

$ 145.64K

ZARP Stablecoin

ZARP

$ 0.059808

-0.09%

+0.01%

-0.76%

$ 4.83M

$ 94.28K

AxCNH

AXCNH

$ 0.148243

+0.22%

-0.00%

-0.87%

$ 4.76M

$ 20.72

Australian Digital Dollar

AUDD

$ 0.693692

-0.02%

-0.00%

-1.18%

$ 4.26M

$ 83.04K

Djed

DJED

$ 1.001

-0.10%

+0.02%

+0.23%

$ 4.02M

$ 16.30K

Fei USD

FEI

$ 0.999365

-0.01%

0.00%

-0.06%

$ 3.82M

$ 4.05K

Brazilian real

WBRL

$ 0.18141

-0.10%

-0.00%

-2.04%

$ 3.71M

$ 11.43K

Forte AUD

AUDF

$ 0.69727

0.00%

-0.00%

-0.58%

$ 3.66M

$ 18.74K

MXNB

$ 0.053656

+0.03%

+0.00%

+1.00%

$ 3.37M

$ 174.14K

Compliant Naira

CNGN

$ 0.00072687

+0.01%

-0.18%

$ 3.28M

$ 16.02K

Last USD

USDXL

$ 0.989858

+0.27%

0.00%

+0.58%

$ 3.17M

$ 1.14K

BiLira

TRYB

$ 0.02008968

-0.44%

$ 3.16M

$ 2.01

mStable USD

MUSD

$ 0.996862

-0.22%

+0.00%

-0.25%

$ 2.87M

$ 267.02

Aussie Dollar Token

AUDX

$ 0.68702

-0.01%

-2.34%

$ 2.78M

$ 21.43K

Vai

VAI

$ 0.990551

+0.01%

-0.00%

-0.64%

$ 2.46M

$ 51.56K

Macropod

AUDM

$ 0.696607

+0.03%

-0.00%

-0.52%

$ 2.36M

$ 116.75K

CAD Digital

CADD

$ 0.708332

-0.01%

-0.00%

-0.53%

$ 2.35M

$ 54.13K

GYEN

$ 0.00538399

+0.25%

-0.14%

-9.11%

$ 2.07M

$ 9.01

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Web 3 Dollar

USD3

$ 1.12

0.00%

$ 1.49M

$ 16.16K

dTRINITY USD

DUSD

$ 0.998712

-0.05%

+0.00%

0.00%

$ 1.09M

$ 15.33K

Convertible JPY Token

CJPY

$ 0.00495739

-0.08%

+0.01%

-1.11%

$ 1.05M

$ 1.41K

IDRX

$ 5.517E-5

+0.09%

-0.19%

-0.43%

$ 1.02M

Mountain Protocol USD

USDM

$ 1.003

0.00%

+0.31%

$ 966.10K

$ 54.25

Glo Dollar

USDGLO

$ 0.980356

-1.66%

-0.01%

-1.11%

$ 826.55K

$ 5.84K

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

Klaytn Dai

KDAI

$ 0.09469

+0.10%

+0.02%

+0.58%

$ 752.08K

$ 1.00K

Monerium GBP emoney

GBPE

$ 1.34

0.00%

-0.00%

-0.74%

$ 674.24K

$ 1.58K

Mexican Peso

WMXN

$ 0.053952

+0.01%

0.00%

+0.56%

$ 667.01K

$ 110.09

Quantoz USDQ

USDQ

$ 0.997632

-0.06%

-0.00%

-0.03%

$ 452.96K

$ 4.88M

Colombian Peso

WCOP

$ 0.00031093

0.00%

+0.00%

-0.62%

$ 429.25K

$ 496.26

OpenUSDT

OUSDT

$ 0.998987

0.00%

-0.05%

$ 380.45K

$ 2.07K

AllUnity EUR

EURAU

$ 1.11

0.00%

-0.00%

-0.89%

$ 336.26K

$ 13.37K

Opus CASH

CASH

$ 1.003

+0.42%

+0.01%

+0.68%

$ 310.13K

$ 7.77K

CAD Coin

CADC

$ 0.706474

+0.01%

-0.00%

-0.85%

$ 257.17K

$ 89.51K

Prisma mkUSD

MKUSD

$ 0.99682

-0.02%

+0.01%

-0.06%

$ 244.45K

$ 392.03

Reservoir rUSD

RUSD

$ 0.99905

0.00%

-0.04%

$ 227.70K

$ 218.08

Telcoin MXN

EMXN

$ 0.053662

-0.01%

+0.01%

+0.71%

$ 205.12K

$ 131.79K

Euro Tether

EURT

$ 0.04795867

0.00%

-8.11%

$ 199.22K

$ 3.36

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

USDFC

$ 0.997711

+0.23%

+0.00%

0.00%

$ 174.04K

$ 38.62K

100

VNX British Pound

VGBP

$ 1.34

0.00%

$ 169.17K

$ 1.81

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

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