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

$ 0.01125269

+0.19%

+0.00%

+0.28%

$ 7.96M

$ 1.46M

Anzens USDA

USDA

$ 0.998775

+0.06%

-0.00%

+0.31%

$ 6.75M

$ 32.36K

Anzen USDz

USDZ

$ 0.894504

0.00%

+0.00%

-1.80%

$ 6.71M

$ 260.69

STASIS EURO

EURS

$ 1.11

0.00%

-0.89%

$ 6.57M

$ 4.88K

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Origin Dollar

OUSD

$ 0.997954

0.00%

-0.08%

$ 6.05M

$ 32.12K

Stables Labs USDX

USDX

$ 0.00711448

-0.01%

0.00%

-4.24%

$ 4.87M

$ 5.52

VNX Swiss Franc

VCHF

$ 1.19

0.00%

-0.00%

-1.65%

$ 4.86M

$ 92.79K

ZARP Stablecoin

ZARP

$ 0.059071

-0.04%

-0.00%

-1.40%

$ 4.77M

$ 69.50K

AxCNH

AXCNH

$ 0.14826

-0.14%

-0.00%

+1.93%

$ 4.77M

$ 49.74

Australian Digital Dollar

AUDD

$ 0.666885

-0.07%

0.00%

-3.21%

$ 4.51M

$ 11.71K

Brazilian real

WBRL

$ 0.177278

0.00%

-0.00%

-1.86%

$ 4.17M

$ 2.33K

Djed

DJED

$ 1.005

+0.30%

-0.00%

+0.71%

$ 4.04M

$ 10.45K

MXNB

$ 0.053874

0.00%

+0.00%

+0.47%

$ 3.95M

$ 12.78K

Fei USD

FEI

$ 0.999477

0.00%

+0.04%

$ 3.82M

$ 11.26K

Forte AUD

AUDF

$ 0.694085

0.00%

-0.62%

$ 3.64M

$ 778.71

Last USD

USDXL

$ 0.996671

-0.02%

+0.01%

+0.93%

$ 3.19M

$ 3.03K

Compliant Naira

CNGN

$ 0.00071131

+0.06%

+0.00%

-1.84%

$ 3.11M

$ 112.79K

BiLira

TRYB

$ 0.01931284

0.00%

-0.17%

$ 3.04M

$ 29.26

mStable USD

MUSD

$ 0.997046

-0.49%

0.00%

+0.32%

$ 2.87M

$ 398.24

Macropod

AUDM

$ 0.680677

0.00%

-0.00%

-1.15%

$ 2.50M

$ 615.16K

Vai

VAI

$ 0.996426

0.00%

+0.59%

$ 2.47M

$ 352.82

CAD Digital

CADD

$ 0.701132

-0.01%

0.00%

-0.96%

$ 2.34M

$ 19.76K

Aussie Dollar Token

AUDX

$ 0.677669

0.00%

-0.00%

-1.36%

$ 2.31M

$ 32.08K

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

GYEN

$ 0.00518544

-0.23%

+0.00%

-1.03%

$ 1.76M

$ 5.55

Web 3 Dollar

USD3

$ 1.13

0.00%

+0.00%

+0.89%

$ 1.41M

$ 17.68K

IDRX

$ 5.475E-5

+0.16%

+0.03%

-0.90%

$ 1.01M

Mountain Protocol USD

USDM

$ 1.003

0.00%

$ 966.16K

$ 41.98

Glo Dollar

USDGLO

$ 0.998608

-0.01%

+0.00%

+1.38%

$ 839.55K

$ 42.50K

Klaytn Dai

KDAI

$ 0.094668

+0.63%

+0.01%

+1.45%

$ 751.34K

$ 1.07K

Mexican Peso

WMXN

$ 0.053813

0.00%

-0.00%

+0.31%

$ 665.30K

$ 213.21

Monerium GBP emoney

GBPE

$ 1.33

0.00%

-0.75%

$ 599.20K

$ 1.95

Quantoz USDQ

USDQ

$ 0.998504

+0.07%

+0.00%

+0.02%

$ 453.31K

$ 5.71M

Convertible JPY Token

CJPY

$ 0.00471358

+0.22%

-0.01%

-5.75%

$ 434.11K

$ 4.60K

Colombian Peso

WCOP

$ 0.00030274

0.00%

-0.01%

-2.19%

$ 417.95K

$ 5.94K

OpenUSDT

OUSDT

$ 0.999208

-0.01%

0.00%

+0.01%

$ 353.10K

$ 19.92K

AllUnity EUR

EURAU

$ 1.1

0.00%

-0.00%

-0.90%

$ 332.54K

$ 6.61K

dTRINITY USD

DUSD

$ 0.998833

+0.01%

0.00%

-0.01%

$ 306.13K

$ 11.16

Opus CASH

CASH

$ 0.980521

-1.51%

-0.01%

-0.41%

$ 303.19K

$ 28.50K

CAD Coin

CADC

$ 0.699108

0.00%

-0.99%

$ 289.31K

$ 66.30K

Prisma mkUSD

MKUSD

$ 0.99779

+0.02%

0.00%

+0.08%

$ 244.69K

$ 758.40

Reservoir rUSD

RUSD

$ 1.004

-0.10%

+0.01%

+0.51%

$ 227.05K

$ 31.14

Euro Tether

EURT

$ 0.04866235

-2.35%

0.00%

+3.91%

$ 202.14K

$ 201.85

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

USDFC

$ 0.992152

-0.26%

-0.00%

-0.27%

$ 169.85K

$ 30.49K

VNX British Pound

VGBP

$ 1.34

0.00%

$ 169.21K

$ 9.11

Meta USD

MUSD

$ 0.999739

-0.13%

+0.00%

+0.30%

$ 142.59K

$ 1.89K

Telcoin MXN

EMXN

$ 0.053942

0.00%

+0.01%

+0.51%

$ 125.27K

$ 85.41K

100

xUSD

XUSD

$ 0.999333

0.00%

+0.03%

$ 113.34K

$ 729.01

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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