Top Stablecoins by Market Capitalization

Stablecoins are cryptocurrencies designed to maintain a consistent value by pegging their price to external assets like fiat currencies. They provide the rapid settlement benefits of digital assets while minimizing typical market volatility. Traders widely use them as a safe haven during market fluctuations, a medium of exchange, and a base currency for trading pairs.

Coin

Price

Last 7 Days

Action

AllUnity CHF

CHFAU

$ 1.21

0.00%

-0.82%

$ 50.98M

$ 7.97K

Fidelity Digital Dollar

FIDD

$ 0.999604

0.00%

$ 50.72M

$ 14.05M

Alloy Tether

AUSDT

$ 0.999825

0.00%

$ 50.11M

$ 1.00

USDKG

$ 0.999833

0.00%

-0.00%

0.00%

$ 49.99M

$ 2.34K

Resupply USD

REUSD

$ 0.98954

0.00%

$ 47.58M

$ 428.22K

Metronome Synth USD

MSUSD

$ 0.887404

+0.07%

+0.00%

+0.52%

$ 45.90M

$ 1.78M

JupUSD

JUPUSD

$ 0.999419

0.00%

+0.02%

$ 43.99M

$ 6.92M

Main Street USD

MSUSD

$ 0.553459

0.00%

-0.05%

+4.54%

$ 41.77M

$ 6.22K

Precious Metals USD

PMUSD

$ 0.442548

+3.43%

+0.00%

-9.17%

$ 41.60M

$ 19.47K

Frankencoin

ZCHF

$ 1.21

0.00%

-0.00%

0.00%

$ 41.32M

$ 297.32K

XUSD

$ 1.0004

0.00%

-0.05%

$ 41.15M

$ 53.78K

Gemini Dollar

GUSD

$ 0.999536

-0.02%

0.00%

+0.03%

$ 39.29M

$ 344.82K

Noon USN

USN

$ 0.999438

0.00%

+0.02%

$ 38.90M

$ 11.52

Eurite

EURI

$ 1.1391

-0.05%

+0.05%

-1.03%

$ 37.74M

$ 5.87K

pathUSD

PATHUSD

$ 1.003

+0.10%

-0.00%

0.00%

$ 36.81M

$ 4.44K

BOLD

$ 0.996505

-0.01%

+0.00%

+0.04%

$ 36.02M

$ 1.65M

Aegis YUSD

YUSD

$ 0.999568

0.00%

+0.01%

$ 34.93M

$ 126.46

BUSD

$ 0.999299

0.00%

+0.05%

$ 34.39M

$ 584.20

Monerium EUR emoney

EURE

$ 1.14

0.00%

-0.87%

$ 33.73M

$ 713.01K

TerraClassicUSD

USTC

$ 0.006048

+0.48%

+2.58%

+11.94%

$ 33.63M

$ 9.82M

Hive Dollar

HBD

$ 1.003

+0.10%

+0.01%

-1.18%

$ 33.11M

$ 327.56

Universal USD

USDU

$ 1.0

0.00%

+0.04%

$ 30.77M

$ 3.30K

BRLA Digital BRLA

BRLA

$ 0.19254

-0.09%

0.00%

-0.44%

$ 30.73M

$ 152.05K

Mezo USD

MUSD

$ 0.989592

0.00%

-0.02%

$ 30.09M

$ 137.18K

USDP

$ 0.9965

0.00%

-0.04%

-0.33%

$ 27.99M

$ 20.12K

MetaMask USD

MUSD

$ 0.999813

0.00%

+0.02%

$ 27.75M

$ 5.17M

FRAX

$ 0.3093

+0.16%

+3.24%

+11.04%

$ 27.24M

$ 201.66K

Liquity USD

LUSD

$ 1.025

+0.39%

+0.02%

+1.99%

$ 26.83M

$ 65.08K

Tokenised GBP

TGBP

$ 1.32

0.00%

+0.00%

-1.49%

$ 26.63M

$ 184.53K

Bucket Protocol BUCK Stablecoin

BUCK

$ 0.996477

-0.17%

-0.00%

-0.12%

$ 25.88M

$ 1.66M

Hylo USD

HYUSD

$ 0.998531

-0.02%

0.00%

-0.05%

$ 24.22M

$ 2.70M

Electronic USD

EUSD

$ 0.999593

+0.02%

+0.00%

+0.22%

$ 22.91M

$ 257.91K

Hex Trust USD

USDX

$ 0.997211

+0.47%

+0.00%

+0.45%

$ 22.85M

$ 1.27

JPY Coin v1

JPYC

$ 0.00912154

+0.08%

-0.00%

+41.70%

$ 22.51M

$ 258.80

USDH

$ 0.99366

-0.01%

-0.00%

-0.39%

$ 21.22M

$ 1.97K

NXUSD

$ 0.998999

-0.60%

-0.00%

+0.06%

$ 18.96M

$ 20.20K

MegaUSD

USDM

$ 0.996475

-0.75%

-0.00%

-0.85%

$ 17.34M

$ 232.16K

OpenEden OpenDollar

USDO

$ 0.996995

0.00%

-0.10%

$ 15.23M

$ 548.15

Mento Dollar

USDM

$ 1.005

+0.10%

0.00%

+0.58%

$ 14.23M

$ 29.67K

Stable Coin

SBC

$ 0.999786

0.00%

+0.01%

$ 14.12M

$ 35.99

Stable Mint USD

USDSM

$ 1.0

0.00%

$ 13.67M

$ 2.20K

USDM

$ 1.005

+0.30%

+0.00%

+0.82%

$ 13.60M

$ 237.45K

Unity

UTY

$ 0.999601

0.00%

-0.01%

$ 12.98M

$ 5.97

XSGD

$ 0.78144

+0.04%

0.00%

-0.19%

$ 12.90M

$ 726.79K

Hydrated Dollar

HOLLAR

$ 0.998453

-0.02%

-0.00%

+0.01%

$ 12.84M

$ 1.10M

VCRED

$ 0.999807

0.00%

$ 12.60M

$ 62.86

USD CoinVertible

USDCV

$ 1.0

0.00%

+0.03%

$ 12.55M

$ 23.43M

eSui Dollar

SUIUSDE

$ 0.999844

+0.01%

0.00%

$ 12.37M

$ 426.20K

YUSD Stablecoin

YUSD

$ 0.996509

0.00%

-0.04%

$ 11.80M

$ 39.57

100

MAI

MIMATIC

$ 0.993693

-0.13%

0.00%

+5.00%

$ 11.79M

$ 3.67K

Frequently Asked Questions

What is the primary purpose of stablecoins in the cryptocurrency market?

Stablecoins are designed to maintain a consistent price, providing cryptocurrency traders with a safe haven from market volatility and offering a reliable medium of exchange for purchasing other digital assets.

Are all stablecoins fully backed by traditional fiat currencies?

No. While fiat-backed stablecoins rely on bank reserves, algorithmic stablecoins use smart contracts to balance supply, and crypto-backed stablecoins use over-collateralized digital assets to maintain their price peg.

How do cryptocurrency traders utilize stablecoins during bear markets?

During bear markets, cryptocurrency traders often sell volatile altcoins and hold stablecoins to preserve capital value, ensuring traders have liquid funds ready when new purchasing opportunities arise.

Why are stablecoin trading pairs essential for decentralized exchanges (DEXs)?

Stablecoin trading pairs provide a reliable pricing baseline on decentralized exchanges (DEXs), ensuring that liquidity providers do not suffer massive impermanent losses due to the extreme price swings of regular cryptocurrencies.

What causes a stablecoin to lose its intended price peg?

How do over-collateralized crypto-backed stablecoins maintain their value?

Disclaimer

The inclusion of digital assets in the Stablecoins 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 Stablecoins by Market Capitalization

Tradable Crypto

Category

Stablecoins

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

Disclaimer