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

$ 5.712E-5

0.00%

+5.21%

+1.73%

$ 9.93M

Kyrgyz Som Stablecoin

KGST

$ 0.01131064

+0.03%

-0.00%

-0.12%

$ 8.83M

$ 152.60K

STASIS EURO

EURS

$ 1.18

0.00%

$ 6.96M

$ 899.22

Anzen USDz

USDZ

$ 0.91205

-0.05%

-0.01%

-3.02%

$ 6.88M

$ 8.97K

Anzens USDA

USDA

$ 0.989647

-0.09%

-0.00%

-1.43%

$ 6.69M

$ 59.85K

Stables Labs USDX

USDX

$ 0.00910497

0.00%

-0.35%

$ 6.23M

$ 1.75

StablR USD

USDR

$ 0.289895

0.00%

$ 6.11M

$ 338.95

Origin Dollar

OUSD

$ 0.999256

+0.01%

0.00%

-0.03%

$ 6.11M

$ 11.47K

GYEN

$ 0.00640519

-0.01%

+0.00%

+0.77%

$ 5.99M

$ 226.21

AxCNH

AXCNH

$ 0.147587

+0.05%

-0.00%

-0.15%

$ 5.77M

$ 48.80

Australian Digital Dollar

AUDD

$ 0.700494

+0.05%

+0.00%

-1.37%

$ 5.40M

$ 30.23K

VNX Swiss Franc

VCHF

$ 1.22

-0.81%

-0.00%

-0.81%

$ 4.98M

$ 262.54K

ZARP Stablecoin

ZARP

$ 0.061466

+0.31%

-0.00%

+0.58%

$ 4.43M

$ 8.21K

Djed

DJED

$ 1.015

+0.30%

+0.01%

+0.40%

$ 4.08M

$ 42.89K

Fei USD

FEI

$ 0.999727

-0.01%

0.00%

-0.01%

$ 3.71M

$ 21.10K

Forte AUD

AUDF

$ 0.703479

0.00%

+0.06%

$ 3.57M

$ 2.53K

Last USD

USDXL

$ 0.999864

0.00%

+0.00%

+0.42%

$ 3.20M

$ 1.58K

Compliant Naira

CNGN

$ 0.00073048

0.00%

+0.00%

+0.35%

$ 2.89M

$ 3.20K

mStable USD

MUSD

$ 1.003

0.00%

+0.53%

$ 2.88M

$ 1.70

MXNB

$ 0.055352

0.00%

-0.00%

-2.52%

$ 2.81M

$ 107.11K

Aussie Dollar Token

AUDX

$ 0.69473

-0.27%

-0.00%

-1.05%

$ 2.46M

$ 48.32K

Vai

VAI

$ 0.991018

0.00%

-0.00%

-0.73%

$ 2.46M

$ 37.58K

Brazilian real

WBRL

$ 0.192652

0.00%

+0.01%

+0.16%

$ 2.36M

$ 6.47K

Macropod

AUDM

$ 0.695575

+0.05%

-0.00%

-1.36%

$ 2.31M

$ 66.51K

Quantoz USDQ

USDQ

$ 0.998919

+0.03%

0.00%

+0.05%

$ 1.97M

$ 4.05M

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

0.00%

+0.10%

$ 1.41M

$ 444.55

dTRINITY USD

DUSD

$ 0.996311

0.00%

-0.00%

-0.25%

$ 1.18M

$ 64.76K

Convertible JPY Token

CJPY

$ 0.00516754

-0.18%

0.00%

-0.50%

$ 1.10M

$ 4.42K

IDRX

$ 5.599E-5

0.00%

+0.23%

-0.04%

$ 1.04M

Glo Dollar

USDGLO

$ 0.998109

+0.07%

-0.00%

-0.12%

$ 976.36K

$ 16.64K

CAD Coin

CADC

$ 0.697997

0.00%

+0.00%

-1.61%

$ 964.59K

$ 31.37K

BiLira

TRYB

$ 0.02049427

0.00%

$ 938.93K

$ 1.93

CAD Digital

CADD

$ 0.701337

+0.02%

-0.00%

-1.35%

$ 925.46K

$ 58.23K

VNX EURO

VEUR

$ 0.289208

0.00%

$ 799.39K

$ 0.10

Worldwide USD

WUSD

$ 1.17

0.00%

$ 773.73K

$ 1.37

Klaytn Dai

KDAI

$ 0.096475

0.00%

-0.89%

-4.60%

$ 769.69K

$ 3.06K

OpenUSDT

OUSDT

$ 0.999604

0.00%

-0.01%

$ 623.16K

$ 669.12K

Monerium GBP emoney

GBPE

$ 1.34

0.00%

+0.00%

+0.75%

$ 570.78K

$ 2.06K

AllUnity EUR

EURAU

$ 1.13

0.00%

-0.88%

$ 365.04K

$ 18.72K

Mexican Peso

WMXN

$ 0.056474

-0.42%

0.00%

-1.77%

$ 318.45K

$ 1.65K

Opus CASH

CASH

$ 0.989357

+0.02%

-0.00%

-2.43%

$ 305.92K

$ 13.98K

Colombian Peso

WCOP

$ 0.0003123

-0.03%

+0.01%

+0.85%

$ 284.58K

$ 807.67

Prisma mkUSD

MKUSD

$ 0.993804

+0.01%

-0.52%

$ 243.72K

$ 214.94

Reservoir rUSD

RUSD

$ 1.006

+0.20%

+0.00%

+0.73%

$ 231.17K

$ 40.98

Euro Tether

EURT

$ 0.050566

0.00%

-0.08%

-16.57%

$ 210.04K

$ 993.81

USDtez

USDTZ

$ 0.712058

0.00%

$ 196.32K

$ 0.65

USDFC

$ 1.015

+0.89%

-0.00%

0.00%

$ 193.28K

$ 27.63K

100

VNX British Pound

VGBP

$ 1.34

0.00%

$ 169.10K

$ 2.34

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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