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

USAT

$ 0.9996

-0.01%

0.00%

-0.02%

$ 10.00M

$ 50.69K

Rupiah Token

IDRT

$ 5.564E-5

0.00%

-0.00%

-0.93%

$ 9.67M

Kyrgyz Som Stablecoin

KGST

$ 0.01129795

+0.01%

0.00%

-0.28%

$ 8.47M

$ 264.30K

Anzen USDz

USDZ

$ 0.977883

-0.06%

0.00%

+3.64%

$ 7.38M

$ 3.44K

Anzens USDA

USDA

$ 1.003

-0.20%

+0.00%

+0.20%

$ 6.78M

$ 36.15K

STASIS EURO

EURS

$ 1.11

0.00%

-0.00%

-5.93%

$ 6.56M

$ 98.66

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Origin Dollar

OUSD

$ 0.999302

+0.01%

0.00%

-0.03%

$ 6.08M

$ 11.02K

Stables Labs USDX

USDX

$ 0.00869973

-0.09%

-1.60%

$ 5.96M

$ 4.53

GYEN

$ 0.00634734

+0.02%

-0.01%

-12.07%

$ 5.93M

$ 106.79

AxCNH

AXCNH

$ 0.14918

+0.01%

-0.00%

+1.04%

$ 5.84M

$ 365.12

VNX Swiss Franc

VCHF

$ 1.21

-0.82%

+0.01%

-1.63%

$ 4.94M

$ 86.10K

Australian Digital Dollar

AUDD

$ 0.691847

-0.16%

-0.00%

-0.66%

$ 4.58M

$ 5.42K

ZARP Stablecoin

ZARP

$ 0.060011

+0.03%

0.00%

-0.88%

$ 4.51M

$ 1.45K

Djed

DJED

$ 1.007

-0.20%

0.00%

-0.10%

$ 4.05M

$ 19.88K

Forte AUD

AUDF

$ 0.704329

0.00%

+0.22%

$ 3.98M

$ 1.67K

Fei USD

FEI

$ 0.999338

-0.05%

0.00%

-0.05%

$ 3.75M

$ 104.05

Last USD

USDXL

$ 0.988976

0.00%

-0.00%

-0.69%

$ 3.16M

$ 852.11

Brazilian real

WBRL

$ 0.198764

0.00%

+0.01%

+3.99%

$ 2.99M

$ 64.93K

mStable USD

MUSD

$ 0.997218

+0.01%

0.00%

-0.22%

$ 2.87M

$ 86.69

MXNB

$ 0.054286

+0.01%

-0.01%

-1.46%

$ 2.73M

$ 188.94K

Compliant Naira

CNGN

$ 0.00073366

-0.02%

-0.00%

-0.28%

$ 2.62M

$ 679.06

Aussie Dollar Token

AUDX

$ 0.698129

-0.01%

+0.00%

+0.61%

$ 2.48M

$ 10.01

Vai

VAI

$ 0.997037

-0.01%

0.00%

+0.66%

$ 2.48M

$ 64.71

Macropod

AUDM

$ 0.696039

-0.01%

0.00%

-0.02%

$ 2.13M

$ 77.60K

Quantoz USDQ

USDQ

$ 0.998965

+0.04%

0.00%

-0.07%

$ 1.97M

$ 2.03M

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Web 3 Dollar

USD3

$ 1.11

0.00%

$ 1.73M

$ 13.51K

Mountain Protocol USD

USDM

$ 0.999725

0.00%

-0.13%

$ 1.40M

$ 10.36K

Convertible JPY Token

CJPY

$ 0.00519088

-0.06%

+0.00%

+0.08%

$ 1.10M

$ 307.58

dTRINITY USD

DUSD

$ 0.999172

0.00%

+0.00%

+0.06%

$ 1.10M

$ 17.65K

IDRX

$ 5.61E-5

0.00%

+0.30%

+0.05%

$ 1.04M

Glo Dollar

USDGLO

$ 1.012

-0.20%

+0.01%

+4.54%

$ 1.02M

$ 24.83K

CAD Coin

CADC

$ 0.694267

-0.01%

-0.00%

-0.04%

$ 959.47K

$ 29.48K

BiLira

TRYB

$ 0.02049427

0.00%

$ 938.93K

$ 1.93

CAD Digital

CADD

$ 0.699841

-0.05%

-0.00%

-0.23%

$ 930.48K

$ 16.54K

Klaytn Dai

KDAI

$ 0.104604

+0.59%

+0.00%

+5.94%

$ 834.55K

$ 10.80K

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

Monerium GBP emoney

GBPE

$ 1.33

0.00%

+0.00%

0.00%

$ 716.11K

$ 304.99

OpenUSDT

OUSDT

$ 0.999227

0.00%

-0.07%

$ 557.54K

$ 221.30K

Mexican Peso

WMXN

$ 0.055534

+0.01%

-0.67%

$ 546.39K

$ 716.17

Colombian Peso

WCOP

$ 0.00031089

+0.21%

+0.00%

+0.50%

$ 429.20K

$ 1.02K

AllUnity EUR

EURAU

$ 1.12

0.00%

-0.88%

$ 360.17K

$ 2.25K

Opus CASH

CASH

$ 0.982635

-0.62%

-0.00%

-2.23%

$ 303.84K

$ 10.84K

Prisma mkUSD

MKUSD

$ 0.998623

0.00%

-0.09%

$ 244.89K

$ 47.20

USDFC

$ 1.022

-0.29%

+0.02%

+0.59%

$ 232.16K

$ 57.97K

Reservoir rUSD

RUSD

$ 1.003

0.00%

+0.00%

+0.20%

$ 227.27K

$ 10.48

Euro Tether

EURT

$ 0.053267

0.00%

+1.35%

$ 221.27K

$ 9.71

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

100

VNX British Pound

VGBP

$ 1.34

0.00%

$ 169.20K

$ 1.09

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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