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

$ 5.494E-5

+0.29%

0.00%

-2.15%

$ 9.51M

Kyrgyz Som Stablecoin

KGST

$ 0.01130308

+0.01%

-0.00%

-0.65%

$ 8.83M

$ 1.39M

Klaytn Dai

KDAI

$ 0.925538

0.00%

+8.56%

+829.80%

$ 7.38M

$ 659.20

STASIS EURO

EURS

$ 1.19

0.00%

+0.85%

$ 7.01M

$ 33.71

Anzen USDz

USDZ

$ 0.92496

-0.02%

0.00%

-1.70%

$ 6.98M

$ 9.33K

Anzens USDA

USDA

$ 1.002

+0.10%

-0.00%

-0.10%

$ 6.77M

$ 122.40K

Stables Labs USDX

USDX

$ 0.00910497

0.00%

+2.01%

$ 6.23M

$ 1.75

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Origin Dollar

OUSD

$ 0.999024

-0.01%

0.00%

+0.04%

$ 6.11M

$ 9.47K

GYEN

$ 0.00638624

-0.15%

-0.16%

+0.42%

$ 5.97M

$ 399.28

AxCNH

AXCNH

$ 0.148879

+0.01%

-0.00%

+0.72%

$ 5.83M

$ 32.24K

Australian Digital Dollar

AUDD

$ 0.703281

-0.39%

-0.00%

-1.12%

$ 5.36M

$ 186.06K

VNX Swiss Franc

VCHF

$ 1.23

+0.82%

+0.01%

+0.82%

$ 4.99M

$ 329.74K

ZARP Stablecoin

ZARP

$ 0.061392

+0.11%

0.00%

-0.65%

$ 4.42M

$ 7.94K

Djed

DJED

$ 0.991462

+0.43%

-0.01%

-1.25%

$ 3.98M

$ 59.22K

Fei USD

FEI

$ 0.999929

0.00%

+0.02%

$ 3.71M

$ 32.35K

Forte AUD

AUDF

$ 0.703556

0.00%

+0.12%

$ 3.57M

$ 10.76K

Last USD

USDXL

$ 0.994223

-0.01%

+0.01%

-0.36%

$ 3.18M

$ 1.26K

Compliant Naira

CNGN

$ 0.00072786

+0.01%

0.00%

+0.06%

$ 3.02M

$ 17.01K

mStable USD

MUSD

$ 0.997623

0.00%

-0.00%

-0.07%

$ 2.87M

$ 9.38

MXNB

$ 0.055509

-0.38%

-0.01%

-3.16%

$ 2.81M

$ 110.06K

Macropod

AUDM

$ 0.69552

-0.16%

-0.00%

-2.28%

$ 2.45M

$ 197.07K

Aussie Dollar Token

AUDX

$ 0.699087

-0.01%

-0.00%

-0.61%

$ 2.41M

$ 25.64K

Brazilian real

WBRL

$ 0.191369

+0.02%

0.00%

-1.23%

$ 2.19M

$ 6.37K

Quantoz USDQ

USDQ

$ 0.999275

-0.03%

0.00%

+0.08%

$ 1.97M

$ 3.07M

HeLa USD

HLUSD

$ 0.999191

0.00%

$ 1.80M

$ 1.37K

Web 3 Dollar

USD3

$ 1.11

0.00%

$ 1.71M

$ 774.91

Mountain Protocol USD

USDM

$ 1.003

-0.10%

-0.00%

+0.20%

$ 1.40M

$ 10.04

Vai

VAI

$ 0.996525

0.00%

+0.00%

-0.22%

$ 1.24M

$ 14.26K

dTRINITY USD

DUSD

$ 0.998238

+0.01%

0.00%

-0.05%

$ 1.18M

$ 10.04K

Convertible JPY Token

CJPY

$ 0.00514526

-0.14%

-0.00%

+0.28%

$ 1.09M

$ 7.06K

IDRX

$ 5.589E-5

+0.02%

-0.15%

-0.85%

$ 1.04M

CAD Coin

CADC

$ 0.696773

+0.01%

-0.00%

-2.10%

$ 962.93K

$ 54.21K

BiLira

TRYB

$ 0.02049427

0.00%

$ 938.93K

$ 1.93

CAD Digital

CADD

$ 0.705216

+0.02%

-0.00%

-0.95%

$ 930.58K

$ 15.44K

Glo Dollar

USDGLO

$ 1.002

+0.20%

0.00%

+0.23%

$ 850.00K

$ 43.94K

VNX EURO

VEUR

$ 0.289208

0.00%

$ 799.39K

$ 0.10

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

OpenUSDT

OUSDT

$ 0.999838

0.00%

$ 623.40K

$ 831.33K

Monerium GBP emoney

GBPE

$ 1.33

0.00%

+0.00%

-0.75%

$ 585.62K

$ 4.63K

AllUnity EUR

EURAU

$ 1.13

0.00%

-0.00%

-0.88%

$ 415.95K

$ 23.56K

Opus CASH

CASH

$ 0.99601

-0.40%

-0.00%

-2.16%

$ 307.97K

$ 9.21K

Prisma mkUSD

MKUSD

$ 0.999228

+0.01%

+0.25%

$ 245.04K

$ 115.31

Reservoir rUSD

RUSD

$ 1.004

-0.30%

0.00%

+0.30%

$ 230.64K

$ 13.63

Euro Tether

EURT

$ 0.055093

-0.01%

-17.13%

$ 228.85K

$ 9.71

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

Colombian Peso

WCOP

$ 0.00030848

+0.68%

+0.00%

-0.51%

$ 194.73K

$ 1.23K

USDFC

$ 1.011

+0.20%

0.00%

+0.40%

$ 192.58K

$ 34.85K

Mexican Peso

WMXN

$ 0.055819

-1.30%

-0.02%

-3.81%

$ 169.62K

$ 4.46K

100

VNX British Pound

VGBP

$ 1.34

0.00%

$ 169.14K

$ 7.26

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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