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

Alchemix USD

ALUSD

$ 0.949365

+0.09%

-0.00%

-0.44%

$ 9.90M

$ 81.35K

Rupiah Token

IDRT

$ 5.616E-5

0.00%

+1.24%

$ 9.76M

Kyrgyz Som Stablecoin

KGST

$ 0.01132217

+0.15%

-0.00%

+0.01%

$ 8.49M

$ 1.48M

Anzen USDz

USDZ

$ 0.934382

0.00%

-0.00%

+1.20%

$ 7.05M

$ 5.10K

STASIS EURO

EURS

$ 1.18

0.00%

+0.01%

-1.67%

$ 6.96M

$ 64.40

Anzens USDA

USDA

$ 0.998106

+1.13%

-0.00%

-2.05%

$ 6.75M

$ 20.26K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Origin Dollar

OUSD

$ 0.999833

+0.01%

0.00%

-0.02%

$ 6.08M

$ 159.16K

Stables Labs USDX

USDX

$ 0.00883528

0.00%

-2.96%

$ 6.05M

$ 1.20

GYEN

$ 0.00633401

0.00%

-0.00%

-1.08%

$ 5.92M

$ 8.64K

AxCNH

AXCNH

$ 0.147078

+0.01%

-0.01%

-0.88%

$ 5.75M

$ 145.29

VNX Swiss Franc

VCHF

$ 1.22

0.00%

-0.01%

0.00%

$ 4.96M

$ 98.36K

Australian Digital Dollar

AUDD

$ 0.696151

+0.01%

-0.00%

-0.71%

$ 4.91M

$ 35.25K

ZARP Stablecoin

ZARP

$ 0.060078

0.00%

+0.00%

-1.86%

$ 4.45M

$ 19.36K

Djed

DJED

$ 1.006

+1.17%

+0.00%

-0.10%

$ 4.04M

$ 18.64K

Forte AUD

AUDF

$ 0.704825

+0.01%

0.00%

+0.23%

$ 3.98M

$ 3.82K

Fei USD

FEI

$ 0.999878

0.00%

-0.01%

$ 3.72M

$ 6.67K

Last USD

USDXL

$ 0.994171

-0.01%

0.00%

-0.15%

$ 3.18M

$ 691.84

Brazilian real

WBRL

$ 0.195708

0.00%

-0.00%

+1.56%

$ 3.00M

$ 53.85K

mStable USD

MUSD

$ 0.997064

+0.01%

-0.00%

-0.15%

$ 2.87M

$ 513.90

Compliant Naira

CNGN

$ 0.00073331

-0.03%

0.00%

+0.42%

$ 2.81M

$ 149.51

MXNB

$ 0.055516

0.00%

+0.00%

+0.29%

$ 2.81M

$ 223.40K

Vai

VAI

$ 0.998888

+0.02%

0.00%

+0.88%

$ 2.48M

$ 236.01

Aussie Dollar Token

AUDX

$ 0.696669

-0.01%

0.00%

+0.18%

$ 2.47M

$ 52.54K

Macropod

AUDM

$ 0.694676

-0.07%

-0.00%

+0.24%

$ 2.45M

$ 85.97K

Quantoz USDQ

USDQ

$ 0.999594

+0.03%

0.00%

+0.02%

$ 1.97M

$ 4.33M

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Web 3 Dollar

USD3

$ 1.11

0.00%

$ 1.72M

$ 34.17K

Mountain Protocol USD

USDM

$ 1.001

0.00%

-0.20%

$ 1.40M

$ 185.44

dTRINITY USD

DUSD

$ 0.998458

0.00%

+0.12%

$ 1.10M

$ 204.07

Convertible JPY Token

CJPY

$ 0.0050786

+0.24%

-0.01%

-2.22%

$ 1.08M

$ 10.49K

IDRX

$ 5.604E-5

+0.02%

-0.14%

-0.30%

$ 1.04M

Glo Dollar

USDGLO

$ 0.999594

+0.04%

0.00%

+0.52%

$ 978.44K

$ 27.47K

CAD Coin

CADC

$ 0.695643

0.00%

-0.12%

$ 961.36K

$ 94.72K

BiLira

TRYB

$ 0.02049427

0.00%

$ 938.93K

$ 1.93

CAD Digital

CADD

$ 0.703256

0.00%

+0.00%

-0.09%

$ 927.99K

$ 20.80K

Klaytn Dai

KDAI

$ 0.098821

+0.61%

-0.00%

-0.94%

$ 788.45K

$ 1.33K

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

Monerium GBP emoney

GBPE

$ 1.33

0.00%

+0.01%

-0.75%

$ 749.09K

$ 170.49

OpenUSDT

OUSDT

$ 0.999896

0.00%

+0.03%

$ 602.50K

$ 631.63K

Mexican Peso

WMXN

$ 0.055744

-0.01%

+0.00%

-1.33%

$ 475.99K

$ 457.16

Colombian Peso

WCOP

$ 0.00031238

0.00%

$ 431.26K

$ 1.33K

AllUnity EUR

EURAU

$ 1.13

0.00%

$ 362.36K

$ 10.39K

Opus CASH

CASH

$ 0.986945

-0.66%

-0.00%

-0.11%

$ 305.16K

$ 9.21K

Prisma mkUSD

MKUSD

$ 0.993886

+0.08%

-0.00%

-1.01%

$ 243.73K

$ 400.41

Reservoir rUSD

RUSD

$ 0.999929

0.00%

-0.00%

-0.11%

$ 226.64K

$ 4.90

Euro Tether

EURT

$ 0.054106

0.00%

+6.32%

$ 224.75K

$ 9.59

USDFC

$ 1.004

+0.48%

-0.02%

-0.79%

$ 213.98K

$ 31.76K

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

100

VNX British Pound

VGBP

$ 1.34

0.00%

$ 169.13K

$ 1.89K

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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