Top Stablecoins by Market Capitalization

Stablecoins are cryptocurrencies designed to maintain a consistent value by pegging their price to external assets like fiat currencies. They provide the rapid settlement benefits of digital assets while minimizing typical market volatility. Traders widely use them as a safe haven during market fluctuations, a medium of exchange, and a base currency for trading pairs.

Coin

Price

Last 7 Days

Action

251

Autonomous Secure Dollar

USSD

$ 1.002

-0.10%

0.00%

-0.40%

$ 67.89K

$ 4.95K

252

Mento Kenyan Shilling

KESM

$ 0.0077368

+0.05%

+0.00%

+0.17%

$ 67.21K

$ 97.30

253

Mento Nigerian Naira

NGNM

$ 0.00073052

0.00%

$ 56.60K

$ 9.94

254

Aesyx Dollar

AXD

$ 1.004

0.00%

-0.10%

$ 56.48K

$ 11.38

255

Solid

SOLID

$ 1.002

+0.10%

+0.00%

+0.79%

$ 52.69K

$ 575.17

256

Basis Cash

BAC

$ 0.00087968

0.00%

-7.86%

$ 48.01K

$ 10.00

257

Dephaser JPY

JPYT

$ 0.00614595

0.00%

+0.02%

$ 44.86K

$ 26.92

258

Peruvian Sol

WPEN

$ 0.292324

-0.01%

0.00%

+0.34%

$ 41.79K

$ 39.70

259

Thai Baht TrueMoney

THBT

$ 0.02983808

+0.01%

-0.00%

-1.31%

$ 37.09K

$ 11.53K

260

HEX Dollar Coin

HEXDC

$ 1.049

0.00%

-0.00%

-2.24%

$ 31.08K

$ 544.03

261

USDST

$ 0.999382

-0.01%

0.00%

-0.46%

$ 25.58K

$ 28.62K

262

Mento Philippine Peso

PHPM

$ 0.01570541

0.00%

-0.83%

$ 25.54K

$ 17.92

263

cGHS

CGHS

$ 0.085665

-0.01%

+0.00%

+0.43%

$ 23.30K

$ 838.61

264

Mento Colombian Peso

COPM

$ 0.00031878

0.00%

$ 21.68K

$ 9.93

265

Hyperstable USD

USH

$ 1.074

0.00%

+0.00%

-0.19%

$ 16.65K

$ 77.06

266

Mento Australian Dollar

AUDM

$ 0.709888

0.00%

$ 16.24K

$ 14.56K

267

Move Dollar

MOD

$ 0.996672

+0.29%

-0.00%

-0.15%

$ 16.20K

$ 33.94K

268

KRWO

$ 0.00067694

0.00%

$ 13.74K

$ 1.06

269

ebUSD Stablecoin

EBUSD

$ 1.018

0.00%

$ 11.49K

$ 7.02K

270

Classic USD

USC

$ 0.849947

-0.58%

-0.01%

-1.47%

$ 11.47K

$ 6.27

271

CKUSDT

$ 0.9928

-0.30%

-0.66%

+4.31%

$ 56.71K

272

FUSD

$ 1.0001

0.00%

-0.01%

0.00%

$ 47.26K

273

STABLE

$ 0.026212

-0.37%

-0.75%

+2.45%

$ 2.36M

274

USDGO

$ 1.0009

0.00%

-0.02%

-0.05%

$ 3.62K

275

USAD

$ 0.9941

-0.17%

+4.37%

+2.32%

$ 57.51K

276

BOB

$ 0.003133

-1.21%

-2.75%

-18.27%

$ 29.31M

Frequently Asked Questions

What is the primary purpose of stablecoins in the cryptocurrency market?

Stablecoins are designed to maintain a consistent price, providing cryptocurrency traders with a safe haven from market volatility and offering a reliable medium of exchange for purchasing other digital assets.

Are all stablecoins fully backed by traditional fiat currencies?

No. While fiat-backed stablecoins rely on bank reserves, algorithmic stablecoins use smart contracts to balance supply, and crypto-backed stablecoins use over-collateralized digital assets to maintain their price peg.

How do cryptocurrency traders utilize stablecoins during bear markets?

During bear markets, cryptocurrency traders often sell volatile altcoins and hold stablecoins to preserve capital value, ensuring traders have liquid funds ready when new purchasing opportunities arise.

Why are stablecoin trading pairs essential for decentralized exchanges (DEXs)?

Stablecoin trading pairs provide a reliable pricing baseline on decentralized exchanges (DEXs), ensuring that liquidity providers do not suffer massive impermanent losses due to the extreme price swings of regular cryptocurrencies.

What causes a stablecoin to lose its intended price peg?

How do over-collateralized crypto-backed stablecoins maintain their value?

Disclaimer

The inclusion of digital assets in the Stablecoins 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 Stablecoins by Market Capitalization

Tradable Crypto

Category

Stablecoins

Smart Contract Platform

Layer 1 (L1)

Proof of Work (PoW)

Other Crypto

New Crypto

Frequently Asked Questions

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