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

$ 0.956124

+0.02%

0.00%

+0.21%

$ 9.97M

$ 44.36K

Rupiah Token

IDRT

$ 5.474E-5

-0.02%

0.00%

-2.53%

$ 9.52M

Kyrgyz Som Stablecoin

KGST

$ 0.01123119

-0.25%

-0.00%

-1.21%

$ 8.42M

$ 217.68K

Anzen USDz

USDZ

$ 0.979518

+0.13%

+0.00%

+4.16%

$ 7.39M

$ 4.12K

Anzens USDA

USDA

$ 1.002

+0.48%

0.00%

+0.82%

$ 6.77M

$ 17.93K

STASIS EURO

EURS

$ 1.11

0.00%

+0.01%

-5.13%

$ 6.59M

$ 328.18

GYEN

$ 0.00678768

+0.47%

+0.03%

+7.03%

$ 6.34M

$ 3.26

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Origin Dollar

OUSD

$ 0.998909

0.00%

+0.03%

$ 6.08M

$ 18.73K

Stables Labs USDX

USDX

$ 0.00863925

0.00%

-1.67%

$ 5.91M

$ 2.38

AxCNH

AXCNH

$ 0.148637

-0.01%

0.00%

+0.98%

$ 5.82M

$ 5.34K

VNX Swiss Franc

VCHF

$ 1.24

+0.81%

+0.02%

+0.81%

$ 5.05M

$ 198.04K

Australian Digital Dollar

AUDD

$ 0.696811

+0.01%

+0.00%

-0.27%

$ 4.61M

$ 31.87K

ZARP Stablecoin

ZARP

$ 0.060507

+0.32%

+0.01%

+1.03%

$ 4.55M

$ 12.50K

Djed

DJED

$ 0.999436

+0.22%

-0.00%

+0.60%

$ 4.02M

$ 23.76K

Forte AUD

AUDF

$ 0.703843

0.00%

-0.15%

$ 3.98M

$ 2.44K

Fei USD

FEI

$ 0.999795

0.00%

+0.01%

$ 3.75M

$ 68.81K

Last USD

USDXL

$ 0.987838

0.00%

-0.00%

-0.74%

$ 3.16M

$ 285.13

BiLira

TRYB

$ 0.02042661

0.00%

-0.33%

$ 2.98M

$ 10.20

Brazilian real

WBRL

$ 0.197672

0.00%

-0.00%

+0.72%

$ 2.98M

$ 4.64K

mStable USD

MUSD

$ 0.99704

-0.16%

0.00%

-0.13%

$ 2.87M

$ 139.80

MXNB

$ 0.054139

0.00%

-0.00%

-2.15%

$ 2.83M

$ 4.79K

Compliant Naira

CNGN

$ 0.0007319

-0.01%

0.00%

-0.16%

$ 2.61M

$ 1.49

Aussie Dollar Token

AUDX

$ 0.69896

-0.02%

+0.00%

+0.33%

$ 2.48M

$ 30.31

Vai

VAI

$ 0.9979

+0.01%

0.00%

-0.15%

$ 2.48M

$ 216.74

Macropod

AUDM

$ 0.697832

+0.30%

+0.00%

+0.30%

$ 2.13M

$ 84.27K

Quantoz USDQ

USDQ

$ 0.99776

+0.02%

0.00%

-0.10%

$ 1.97M

$ 1.92M

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Web 3 Dollar

USD3

$ 1.12

0.00%

+0.00%

+0.90%

$ 1.78M

$ 145.44K

Mountain Protocol USD

USDM

$ 0.999725

0.00%

-0.13%

$ 1.40M

$ 10.36K

Convertible JPY Token

CJPY

$ 0.0052003

+0.34%

+0.01%

+0.86%

$ 1.11M

$ 1.32K

dTRINITY USD

DUSD

$ 0.998059

0.00%

+0.11%

$ 1.10M

$ 2.07K

IDRX

$ 5.606E-5

-0.05%

-0.11%

$ 1.04M

Glo Dollar

USDGLO

$ 0.999536

-0.84%

+0.00%

+0.05%

$ 1.01M

$ 7.29K

CAD Coin

CADC

$ 0.695682

-0.01%

+0.00%

+0.04%

$ 961.41K

$ 55.80K

CAD Digital

CADD

$ 0.700703

0.00%

-0.10%

$ 931.63K

$ 24.61K

Klaytn Dai

KDAI

$ 0.099665

-1.34%

-0.03%

-1.03%

$ 795.29K

$ 2.93K

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

Monerium GBP emoney

GBPE

$ 1.33

0.00%

+0.76%

$ 716.48K

$ 1.70

OpenUSDT

OUSDT

$ 0.999074

0.00%

-0.07%

$ 557.56K

$ 284.50K

Mexican Peso

WMXN

$ 0.055494

0.00%

-0.89%

$ 546.00K

$ 461.72

Colombian Peso

WCOP

$ 0.00031076

0.00%

-0.00%

-0.51%

$ 429.02K

$ 359.30

AllUnity EUR

EURAU

$ 1.12

0.00%

+0.00%

-0.88%

$ 360.55K

$ 1.68K

Opus CASH

CASH

$ 0.990523

+0.67%

-0.01%

-0.72%

$ 306.58K

$ 89.18K

Prisma mkUSD

MKUSD

$ 1.01

+0.90%

+0.80%

$ 247.72K

$ 296.95

USDFC

$ 1.098

-0.18%

+0.07%

+7.44%

$ 244.16K

$ 43.93K

Reservoir rUSD

RUSD

$ 1.001

0.00%

-0.40%

$ 226.78K

$ 6.49

Euro Tether

EURT

$ 0.054052

0.00%

-0.02%

$ 224.53K

$ 61.67

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

100

VNX British Pound

VGBP

$ 1.34

0.00%

$ 169.18K

$ 1.52

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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