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

Kyrgyz Som Stablecoin

KGST

$ 0.01123706

+0.03%

0.00%

+0.07%

$ 7.26M

$ 159.42K

Anzens USDA

USDA

$ 0.999711

+0.36%

-0.00%

+0.39%

$ 6.76M

$ 41.35K

Anzen USDz

USDZ

$ 0.890329

-0.60%

-0.00%

-3.52%

$ 6.68M

$ 218.87

STASIS EURO

EURS

$ 1.12

0.00%

+0.01%

+0.90%

$ 6.59M

$ 2.99K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Origin Dollar

OUSD

$ 0.998095

+0.04%

0.00%

-0.08%

$ 6.05M

$ 37.71K

MXNB

$ 0.053795

-0.01%

0.00%

+0.29%

$ 5.41M

$ 27.63K

VNX Swiss Franc

VCHF

$ 1.2

0.00%

-0.00%

-1.64%

$ 4.88M

$ 111.45K

Stables Labs USDX

USDX

$ 0.00710735

+0.16%

-4.12%

$ 4.87M

$ 4.23

Australian Digital Dollar

AUDD

$ 0.666994

-1.03%

+0.01%

-3.87%

$ 4.83M

$ 23.11K

ZARP Stablecoin

ZARP

$ 0.059658

+0.05%

+0.00%

-0.34%

$ 4.82M

$ 36.17K

AxCNH

AXCNH

$ 0.14901

+0.02%

0.00%

+0.74%

$ 4.79M

$ 37.05

Djed

DJED

$ 1.003

+0.10%

+0.01%

+0.10%

$ 4.03M

$ 6.83K

Fei USD

FEI

$ 0.999283

0.00%

-0.01%

$ 3.82M

$ 6.51K

Brazilian real

WBRL

$ 0.178893

0.00%

-0.00%

-1.48%

$ 3.66M

$ 11.25K

Forte AUD

AUDF

$ 0.693703

-0.01%

0.00%

-0.51%

$ 3.64M

$ 8.84K

Last USD

USDXL

$ 0.984454

+0.02%

-0.00%

-0.27%

$ 3.15M

$ 1.75K

Compliant Naira

CNGN

$ 0.0007103

-0.83%

0.00%

-2.27%

$ 3.05M

$ 28.98K

BiLira

TRYB

$ 0.01931284

0.00%

-4.29%

$ 3.04M

$ 29.26

mStable USD

MUSD

$ 0.98694

+0.17%

-0.00%

-1.22%

$ 2.84M

$ 9.93

Vai

VAI

$ 0.995813

-0.01%

+0.01%

+0.54%

$ 2.47M

$ 41.81K

CAD Digital

CADD

$ 0.701248

-0.02%

-0.00%

-1.01%

$ 2.34M

$ 9.31K

Aussie Dollar Token

AUDX

$ 0.680734

+0.01%

-0.00%

-0.93%

$ 2.32M

$ 45.97K

Macropod

AUDM

$ 0.683155

0.00%

-0.00%

-1.90%

$ 2.23M

$ 561.43K

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

GYEN

$ 0.00514833

+0.68%

-0.10%

-4.14%

$ 1.74M

$ 10.10

Web 3 Dollar

USD3

$ 1.12

0.00%

$ 1.47M

$ 17.04K

IDRX

$ 5.474E-5

-0.02%

-0.51%

-0.69%

$ 1.01M

Mountain Protocol USD

USDM

$ 0.996013

0.00%

-0.70%

$ 959.49K

$ 0.68

Glo Dollar

USDGLO

$ 0.999234

+0.03%

-0.00%

+0.24%

$ 839.98K

$ 29.10K

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

Klaytn Dai

KDAI

$ 0.093864

-0.17%

-0.00%

-0.78%

$ 744.96K

$ 656.05

Mexican Peso

WMXN

$ 0.053996

0.00%

+0.09%

$ 667.56K

$ 73.95

Monerium GBP emoney

GBPE

$ 1.33

0.00%

-0.00%

-0.75%

$ 599.61K

$ 1.29

Quantoz USDQ

USDQ

$ 0.99675

-0.04%

0.00%

-0.15%

$ 452.51K

$ 4.72M

Convertible JPY Token

CJPY

$ 0.00476942

-0.22%

-0.01%

-3.87%

$ 439.28K

$ 2.48K

Colombian Peso

WCOP

$ 0.00030652

0.00%

-0.00%

-1.42%

$ 423.17K

$ 653.96

OpenUSDT

OUSDT

$ 0.999097

-0.01%

0.00%

+0.01%

$ 355.39K

$ 1.17K

AllUnity EUR

EURAU

$ 1.1

0.00%

-0.00%

-0.90%

$ 333.27K

$ 10.09K

dTRINITY USD

DUSD

$ 0.99906

+0.03%

0.00%

-0.01%

$ 311.20K

$ 258.46

Opus CASH

CASH

$ 0.996689

+0.02%

+0.01%

-0.21%

$ 308.36K

$ 9.42K

CAD Coin

CADC

$ 0.700491

-0.01%

-0.00%

-0.84%

$ 289.88K

$ 9.92K

Prisma mkUSD

MKUSD

$ 0.9974

+0.05%

-0.00%

+0.04%

$ 244.59K

$ 512.66

Reservoir rUSD

RUSD

$ 0.998874

-0.01%

0.00%

-0.02%

$ 225.86K

$ 77.61K

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

Euro Tether

EURT

$ 0.04565678

0.00%

-4.80%

$ 189.65K

$ 242.62

Telcoin MXN

EMXN

$ 0.053447

0.00%

+0.00%

-0.41%

$ 189.43K

$ 22.57K

USDFC

$ 0.998943

+0.30%

+0.00%

+0.36%

$ 172.32K

$ 19.54K

VNX British Pound

VGBP

$ 1.34

0.00%

$ 169.01K

$ 2.97

100

Meta USD

MUSD

$ 0.999098

+0.34%

+0.00%

+0.05%

$ 142.58K

$ 1.41K

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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