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

Rupiah Token

IDRT

$ 5.615E-5

0.00%

-0.53%

$ 9.76M

Kyrgyz Som Stablecoin

KGST

$ 0.01142912

+0.27%

+0.01%

+0.51%

$ 8.51M

$ 231.70K

Anzen USDz

USDZ

$ 0.940038

0.00%

+0.00%

0.00%

$ 7.09M

$ 14.35K

STASIS EURO

EURS

$ 1.18

0.00%

-0.01%

0.00%

$ 6.97M

$ 4.15K

Anzens USDA

USDA

$ 1.003

-0.30%

+0.00%

+0.36%

$ 6.78M

$ 155.93K

Stables Labs USDX

USDX

$ 0.0091746

-0.33%

+0.05%

+3.97%

$ 6.28M

$ 20.89

Origin Dollar

OUSD

$ 0.999312

-0.02%

+0.00%

+0.02%

$ 6.14M

$ 29.39K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

GYEN

$ 0.00637949

-0.06%

0.00%

-1.05%

$ 5.96M

$ 405.74

AxCNH

AXCNH

$ 0.148493

-0.42%

+0.00%

-0.19%

$ 5.81M

$ 49.51

Quantoz USDQ

USDQ

$ 0.999852

-0.01%

0.00%

+0.14%

$ 5.47M

$ 2.10M

Australian Digital Dollar

AUDD

$ 0.714445

0.00%

-0.00%

+0.11%

$ 5.18M

$ 18.05K

VNX Swiss Franc

VCHF

$ 1.23

-0.81%

-0.00%

+0.82%

$ 5.01M

$ 124.35K

ZARP Stablecoin

ZARP

$ 0.061491

-0.04%

-0.00%

+1.96%

$ 4.43M

$ 9.85K

Djed

DJED

$ 1.018

+0.49%

+0.01%

+2.08%

$ 4.09M

$ 74.65K

Fei USD

FEI

$ 1.0

0.00%

+0.03%

$ 3.71M

$ 14.50K

Forte AUD

AUDF

$ 0.702526

0.00%

+0.12%

$ 3.56M

$ 5.55K

MXNB

$ 0.057838

0.00%

-0.00%

-0.23%

$ 3.26M

$ 106.00K

Last USD

USDXL

$ 0.998976

-0.02%

0.00%

+1.99%

$ 3.20M

$ 831.80

Compliant Naira

CNGN

$ 0.00072762

0.00%

+0.00%

-0.20%

$ 2.88M

$ 26.31

mStable USD

MUSD

$ 0.997124

0.00%

-0.16%

$ 2.87M

$ 60.37

Aussie Dollar Token

AUDX

$ 0.708927

0.00%

-0.00%

-0.27%

$ 2.44M

$ 71.63K

Macropod

AUDM

$ 0.711508

+0.12%

0.00%

+0.32%

$ 2.42M

$ 56.27K

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Brazilian real

WBRL

$ 0.195043

+0.02%

+0.00%

+0.52%

$ 1.76M

$ 13.49K

Web 3 Dollar

USD3

$ 1.11

0.00%

$ 1.71M

$ 146.83

Vai

VAI

$ 0.99859

0.00%

-0.03%

$ 1.43M

$ 339.25K

Mountain Protocol USD

USDM

$ 1.003

+0.20%

+0.01%

+0.71%

$ 1.41M

$ 130.40

dTRINITY USD

DUSD

$ 0.99776

0.00%

-0.09%

$ 1.18M

$ 6.15K

Convertible JPY Token

CJPY

$ 0.00512659

-0.27%

-0.01%

-0.07%

$ 1.09M

$ 1.99K

IDRX

$ 5.627E-5

+0.02%

-0.25%

-0.88%

$ 1.04M

Glo Dollar

USDGLO

$ 0.99982

-0.02%

0.00%

+0.02%

$ 1.00M

$ 59.57K

CAD Coin

CADC

$ 0.710313

0.00%

-0.00%

-0.34%

$ 981.62K

$ 31.02K

BiLira

TRYB

$ 0.02048336

0.00%

+0.08%

$ 938.43K

$ 1.93

CAD Digital

CADD

$ 0.715516

0.00%

-0.01%

-1.33%

$ 928.07K

$ 38.11K

Klaytn Dai

KDAI

$ 0.10498

0.00%

+0.06%

+9.70%

$ 837.54K

$ 1.61K

VNX EURO

VEUR

$ 0.289208

0.00%

$ 799.39K

$ 0.10

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

OpenUSDT

OUSDT

$ 0.999801

0.00%

+0.07%

$ 626.95K

$ 519.12K

Monerium GBP emoney

GBPE

$ 1.34

0.00%

-0.00%

-1.47%

$ 432.01K

$ 341.75

AllUnity EUR

EURAU

$ 1.14

0.00%

-0.00%

-0.87%

$ 407.85K

$ 29.82K

Opus CASH

CASH

$ 0.993103

-0.79%

0.00%

-4.14%

$ 305.54K

$ 7.65K

Euro Tether

EURT

$ 0.062136

-0.01%

+0.05%

+9.41%

$ 258.11K

$ 335.05

Prisma mkUSD

MKUSD

$ 0.996567

-0.22%

-0.00%

-0.22%

$ 244.39K

$ 338.80

Reservoir rUSD

RUSD

$ 0.998192

+0.08%

-0.00%

-0.09%

$ 229.89K

$ 5.24

Colombian Peso

WCOP

$ 0.0003178

0.00%

-0.00%

-0.74%

$ 200.61K

$ 924.38

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

USDFC

$ 1.015

-0.49%

-0.00%

-0.20%

$ 188.12K

$ 31.80K

VNX British Pound

VGBP

$ 1.33

0.00%

-0.00%

-0.75%

$ 168.93K

$ 25.72

100

Meta USD

MUSD

$ 1.005

0.00%

-0.04%

+9.77%

$ 154.05K

$ 1.40K

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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