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

$ 1.002

-0.20%

+0.01%

+0.61%

$ 8.57M

$ 294.22K

Kyrgyz Som Stablecoin

KGST

$ 0.01137849

0.00%

-0.00%

-0.14%

$ 8.36M

$ 4.06M

Anzen USDz

USDZ

$ 0.940986

+0.14%

+0.00%

-3.18%

$ 7.10M

$ 18.59K

STASIS EURO

EURS

$ 1.18

0.00%

+0.01%

-0.84%

$ 6.99M

$ 692.52

Anzens USDA

USDA

$ 1.004

-0.59%

+0.01%

+0.63%

$ 6.78M

$ 238.70K

GYEN

$ 0.00709901

-0.67%

+0.09%

+9.96%

$ 6.73M

$ 7.91

Origin Dollar

OUSD

$ 0.999101

-0.01%

0.00%

-0.03%

$ 6.16M

$ 29.09K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Stables Labs USDX

USDX

$ 0.00883229

+0.75%

+0.09%

$ 6.04M

$ 74.22

AxCNH

AXCNH

$ 0.148238

-0.64%

+0.00%

-0.39%

$ 5.81M

$ 122.21

Quantoz USDQ

USDQ

$ 0.998997

-0.02%

0.00%

+0.07%

$ 5.47M

$ 2.90M

Australian Digital Dollar

AUDD

$ 0.717404

-0.15%

+0.01%

+0.69%

$ 5.34M

$ 19.77K

VNX Swiss Franc

VCHF

$ 1.23

0.00%

+0.01%

+0.82%

$ 5.02M

$ 182.99K

ZARP Stablecoin

ZARP

$ 0.061691

-0.01%

0.00%

+1.30%

$ 4.44M

$ 712.07

Djed

DJED

$ 1.02

+0.79%

+0.02%

+2.53%

$ 4.10M

$ 73.90K

Fei USD

FEI

$ 1.0

0.00%

+0.06%

$ 3.70M

$ 103.30K

Forte AUD

AUDF

$ 0.702405

0.00%

+0.10%

$ 3.56M

$ 1.80K

Last USD

USDXL

$ 1.001

-0.10%

+0.01%

+2.18%

$ 3.20M

$ 1.19K

MXNB

$ 0.05815

+0.06%

+0.01%

-0.44%

$ 3.07M

$ 677.93

Compliant Naira

CNGN

$ 0.00072615

0.00%

-0.00%

-0.34%

$ 2.89M

$ 295.84

mStable USD

MUSD

$ 0.99883

-0.01%

+0.00%

+0.67%

$ 2.87M

$ 896.73

BiLira

TRYB

$ 0.02050082

0.00%

+0.10%

$ 2.75M

$ 0.68

Aussie Dollar Token

AUDX

$ 0.712677

0.00%

-0.05%

$ 2.46M

$ 71.66K

Macropod

AUDM

$ 0.716443

+0.25%

+0.01%

+0.38%

$ 2.35M

$ 120.67K

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Brazilian real

WBRL

$ 0.195141

+0.04%

-0.00%

+0.65%

$ 1.76M

$ 2.86K

Vai

VAI

$ 0.999895

+0.02%

0.00%

+0.10%

$ 1.73M

$ 1.25K

Web 3 Dollar

USD3

$ 1.11

0.00%

$ 1.71M

$ 21.75K

Mountain Protocol USD

USDM

$ 1.003

0.00%

+0.20%

$ 1.41M

$ 19.46

dTRINITY USD

DUSD

$ 0.998121

-0.04%

0.00%

+0.01%

$ 1.18M

$ 99.15K

Convertible JPY Token

CJPY

$ 0.00516632

-0.20%

-0.00%

+0.95%

$ 1.10M

$ 9.74K

IDRX

$ 5.649E-5

0.00%

-0.74%

-0.88%

$ 1.05M

Glo Dollar

USDGLO

$ 0.999381

-0.16%

-0.00%

-0.06%

$ 1.00M

$ 11.39K

CAD Coin

CADC

$ 0.712391

-0.01%

+0.00%

-0.60%

$ 984.51K

$ 25.00K

CAD Digital

CADD

$ 0.716619

-0.04%

-0.00%

-3.51%

$ 930.22K

$ 9.82K

VNX EURO

VEUR

$ 0.289208

0.00%

$ 799.39K

$ 0.10

Klaytn Dai

KDAI

$ 0.0984

+0.11%

+0.04%

+6.67%

$ 785.04K

$ 1.30K

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

OpenUSDT

OUSDT

$ 0.999646

0.00%

+0.01%

$ 627.52K

$ 1.41M

Monerium GBP emoney

GBPE

$ 1.35

0.00%

-0.00%

-0.74%

$ 463.85K

$ 30.38

AllUnity EUR

EURAU

$ 1.15

0.00%

-0.00%

0.00%

$ 409.54K

$ 15.63K

Opus CASH

CASH

$ 0.999658

+0.44%

+0.03%

+1.09%

$ 309.25K

$ 145.00K

Prisma mkUSD

MKUSD

$ 1.003

-0.10%

+0.01%

+0.50%

$ 245.99K

$ 629.58

Euro Tether

EURT

$ 0.056875

+0.39%

+0.00%

-3.56%

$ 236.30K

$ 0.06

Reservoir rUSD

RUSD

$ 1.001

+0.25%

+0.00%

+0.16%

$ 230.63K

$ 255.55

Colombian Peso

WCOP

$ 0.00032086

0.00%

+0.28%

$ 202.54K

$ 469.93

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

USDFC

$ 1.037

-0.67%

-1.05%

$ 180.14K

$ 29.94K

VNX British Pound

VGBP

$ 1.34

0.00%

+0.00%

0.00%

$ 169.30K

$ 3.11

100

Meta USD

MUSD

$ 1.09

+0.18%

+0.10%

+22.98%

$ 167.48K

$ 3.19K

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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