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

$ 1.0

-0.10%

0.00%

-0.20%

$ 70.91K

$ 8.48

252

Etherfuse GILTS

GILTS

$ 1.41

0.00%

$ 69.41K

$ 119.74

253

Silk

SILK

$ 0.100548

0.00%

$ 68.38K

$ 14.59K

254

Inverse USD

INVUSD

$ 0.996718

0.00%

+0.08%

$ 63.05K

$ 10.48K

255

Aesyx Dollar

AXD

$ 0.995595

0.00%

-0.00%

-0.94%

$ 56.88K

$ 44.08

256

Mento Nigerian Naira

NGNM

$ 0.00073052

0.00%

$ 56.60K

$ 9.94

257

Basis Cash

BAC

$ 0.00096102

-6.21%

-0.00%

+2.11%

$ 52.45K

$ 1.05K

258

HEX Dollar Coin

HEXDC

$ 1.034

-0.86%

-0.02%

+0.10%

$ 51.26K

$ 1.81K

259

Solid

SOLID

$ 0.988707

+0.14%

0.00%

-0.24%

$ 46.94K

$ 4.96K

260

Dephaser JPY

JPYT

$ 0.00618985

0.00%

+0.01%

-0.10%

$ 45.74K

$ 29.21

261

Peruvian Sol

WPEN

$ 0.30333

-0.20%

-0.00%

+0.32%

$ 40.33K

$ 88.93

262

BOOKUSD

BUD

$ 1.009

+1.31%

+0.05%

+8.23%

$ 33.59K

$ 4.00K

263

Move Dollar

MOD

$ 1.0

+0.93%

0.00%

+0.73%

$ 32.06K

$ 50.20K

264

Mento Philippine Peso

PHPM

$ 0.01598117

0.00%

+0.04%

$ 25.81K

$ 2.99

265

USDST

$ 1.0

0.00%

$ 24.93K

$ 54.90K

266

cGHS

CGHS

$ 0.084924

+0.53%

-0.00%

-1.12%

$ 23.53K

$ 2.91K

267

Mento Colombian Peso

COPM

$ 0.00031878

0.00%

$ 21.68K

$ 9.93

268

ebUSD Stablecoin

EBUSD

$ 0.999047

0.00%

-0.01%

$ 18.19K

$ 11.40

269

CKUSDT

$ 1

+0.02%

-0.02%

+0.03%

$ 54.24K

270

FUSD

$ 1

0.00%

271

STABLE

$ 0.028849

+0.11%

+1.71%

+10.46%

$ 4.46M

272

USDGO

$ 1.0005

+0.01%

+0.03%

+0.04%

$ 2.22M

273

USAD

$ 1.0005

0.00%

+0.01%

+0.07%

$ 598.44

274

BOB

$ 0.004835

+0.12%

+0.40%

-12.79%

$ 12.70M

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

Disclaimer