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

$ 5.628E-5

0.00%

-0.23%

+2.44%

$ 9.78M

Kyrgyz Som Stablecoin

KGST

$ 0.01131928

0.00%

-0.59%

$ 8.84M

$ 245.78K

Anzen USDz

USDZ

$ 0.939788

0.00%

-0.10%

$ 7.09M

$ 9.10K

STASIS EURO

EURS

$ 1.18

0.00%

-0.00%

0.00%

$ 6.96M

$ 17.44

Anzens USDA

USDA

$ 0.995007

-0.80%

0.00%

-0.60%

$ 6.73M

$ 130.90K

Stables Labs USDX

USDX

$ 0.00910497

0.00%

+0.00%

-14.73%

$ 6.23M

$ 1.75

GYEN

$ 0.00658265

+1.24%

+0.03%

+3.62%

$ 6.15M

$ 24.13

Australian Digital Dollar

AUDD

$ 0.710651

0.00%

-0.00%

-0.22%

$ 6.15M

$ 32.35K

Origin Dollar

OUSD

$ 0.999456

0.00%

+0.04%

$ 6.13M

$ 51.21K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

AxCNH

AXCNH

$ 0.147876

-0.29%

+0.00%

-0.27%

$ 5.79M

$ 72.22

Quantoz USDQ

USDQ

$ 0.99959

-0.01%

+0.00%

+0.13%

$ 5.47M

$ 1.63M

VNX Swiss Franc

VCHF

$ 1.23

0.00%

+0.00%

+0.82%

$ 5.00M

$ 151.04K

ZARP Stablecoin

ZARP

$ 0.061453

-0.10%

+0.00%

-0.53%

$ 4.42M

$ 9.89K

Djed

DJED

$ 0.995464

-0.45%

-0.00%

+0.11%

$ 4.00M

$ 25.94K

Fei USD

FEI

$ 0.999829

-0.01%

0.00%

+0.03%

$ 3.71M

$ 13.04K

Forte AUD

AUDF

$ 0.70359

0.00%

+0.08%

$ 3.57M

$ 6.39K

Compliant Naira

CNGN

$ 0.00072946

0.00%

+0.30%

$ 3.51M

$ 157.55

Macropod

AUDM

$ 0.705561

-0.03%

0.00%

-0.97%

$ 3.23M

$ 39.79K

Last USD

USDXL

$ 0.998166

0.00%

-0.28%

$ 3.19M

$ 827.53

MXNB

$ 0.056717

0.00%

+0.00%

-2.45%

$ 2.95M

$ 3.41K

mStable USD

MUSD

$ 0.997793

0.00%

+1.10%

$ 2.87M

$ 52.44

Aussie Dollar Token

AUDX

$ 0.702666

0.00%

+0.00%

-1.45%

$ 2.42M

$ 3.42K

Brazilian real

WBRL

$ 0.19248

0.00%

-0.76%

$ 2.21M

$ 3.35K

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Web 3 Dollar

USD3

$ 1.11

0.00%

$ 1.71M

$ 68.04

Mountain Protocol USD

USDM

$ 1.003

0.00%

-0.30%

$ 1.41M

$ 6.58

Vai

VAI

$ 0.998724

0.00%

-0.13%

$ 1.35M

$ 105.62K

Glo Dollar

USDGLO

$ 1.0

+0.14%

0.00%

+0.05%

$ 1.23M

$ 9.09K

dTRINITY USD

DUSD

$ 0.9989

+0.01%

0.00%

+0.13%

$ 1.18M

$ 2.34K

Convertible JPY Token

CJPY

$ 0.00518556

-0.02%

+0.01%

+0.51%

$ 1.10M

$ 3.04K

IDRX

$ 5.616E-5

0.00%

+0.10%

-1.02%

$ 1.04M

CAD Coin

CADC

$ 0.706719

+0.01%

0.00%

-0.60%

$ 976.66K

$ 46.10K

BiLira

TRYB

$ 0.02049427

0.00%

-0.03%

$ 938.93K

$ 1.93

CAD Digital

CADD

$ 0.709764

0.00%

+0.00%

-1.15%

$ 936.57K

$ 97.50K

Klaytn Dai

KDAI

$ 0.101489

0.00%

+9.34%

$ 809.69K

$ 840.71

VNX EURO

VEUR

$ 0.289208

0.00%

$ 799.39K

$ 0.10

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

OpenUSDT

OUSDT

$ 0.999865

0.00%

+0.03%

$ 626.80K

$ 745.48K

Monerium GBP emoney

GBPE

$ 1.33

0.00%

-1.48%

$ 617.36K

$ 840.28

AllUnity EUR

EURAU

$ 1.14

0.00%

+0.00%

-0.87%

$ 406.67K

$ 14.50K

Opus CASH

CASH

$ 0.995558

-1.23%

-0.00%

+0.60%

$ 307.84K

$ 4.16K

Prisma mkUSD

MKUSD

$ 0.998087

0.00%

+0.01%

+0.15%

$ 244.76K

$ 59.50

Euro Tether

EURT

$ 0.058916

0.00%

-0.04%

-26.15%

$ 244.73K

$ 0.12

Reservoir rUSD

RUSD

$ 1.002

0.00%

-0.00%

-0.50%

$ 230.97K

$ 3.19K

Colombian Peso

WCOP

$ 0.00031181

0.00%

+0.00%

-2.76%

$ 196.84K

$ 964.81

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

USDFC

$ 1.011

-0.59%

0.00%

-12.09%

$ 184.18K

$ 29.79K

Mexican Peso

WMXN

$ 0.057511

+0.61%

0.00%

-2.41%

$ 174.76K

$ 193.76

100

VNX British Pound

VGBP

$ 1.34

0.00%

$ 169.31K

$ 25.05

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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