← Overview
Stablecoins
414 coins tracked via DefiLlama — circulating cap by chain and peg mechanism
Total market cap
$308,3B
Fiat-backed
$282,8B
91,7% of total
USD-pegged
$307,3B
328 coins
Largest
USDT
$183,0B
Total stablecoin market cap over time — 90d
Market-wide, source DefiLlama — money parked in stables is usually money waiting to buy
$305B$310B$315B$320B12/59/8
Individual coins
Price deviating from $1 is a stablecoin's most telling signal
| Coin | Mechanism | Circulating | Price | Peg dev | 7d | Chains |
|---|---|---|---|---|---|---|
| USDT Tether | fiat-backed | $183,0B | $0,9994 | -0,06% | -0,0% | 130 |
| USDC USD Coin | fiat-backed | $72,2B | $0,9996 | -0,04% | +0,2% | 154 |
| USDS Sky Dollar | crypto-backed | $6,7B | $0,9999 | -0,01% | +2,0% | 7 |
| DAI Dai | crypto-backed | $4,8B | $1,0000 | -0,00% | -0,1% | 49 |
| USD1 World Liberty Financial USD | fiat-backed | $4,0B | $0,9994 | -0,06% | +0,4% | 8 |
| USDe Ethena USDe | crypto-backed | $3,9B | $0,9997 | -0,03% | +1,1% | 31 |
| USDG Global Dollar | fiat-backed | $3,4B | $1,0000 | -0,00% | +1,8% | 6 |
| USYC Circle USYC | fiat-backed | $3,4B | $1,1334 | +13,34% | +0,0% | 2 |
| PYUSD PayPal USD | fiat-backed | $2,8B | $0,9997 | -0,03% | +3,0% | 19 |
| BUIDL BlackRock USD | fiat-backed | $2,7B | $1,0000 | 0,00% | +0,8% | 8 |
| USDY Ondo US Dollar Yield | fiat-backed | $2,4B | $1,1406 | +14,06% | -0,1% | 15 |
| RLUSD Ripple USD | fiat-backed | $1,6B | $1,0001 | +0,01% | +7,9% | 2 |
| USDD USDD | crypto-backed | $1,5B | $0,9994 | -0,06% | -0,0% | 4 |
| USDf Falcon USD | crypto-backed | $1,3B | $0,9966 | -0,34% | -0,0% | 2 |
| U United Stables | crypto-backed | $1,2B | $0,9994 | -0,06% | +9,7% | 3 |
| USDGO USDGO | fiat-backed | $1,1B | $1,0002 | +0,02% | +2,5% | 1 |
| GHO GHO | crypto-backed | $696,3M | $0,9981 | -0,19% | +7,7% | 2 |
| YLDS YLDS | fiat-backed | $656,4M | $1,0003 | +0,03% | +4,5% | 4 |
| USD0 Usual USD | fiat-backed | $550,0M | $0,9986 | -0,14% | -0,4% | 2 |
| EURC EURC | fiat-backed | $524,4M | $1,1545 | +15,45% | +0,1% | 10 |
| USX Solstice USX | crypto-backed | $506,2M | $0,9992 | -0,08% | -2,0% | 1 |
| TUSD TrueUSD | fiat-backed | $480,0M | $0,9953 | -0,47% | +0,1% | 10 |
| pUSD Polymarket USD | crypto-backed | $466,0M | $0,9996 | -0,04% | -7,4% | 1 |
| USDTB Ethena USDtb | fiat-backed | $400,4M | $0,9995 | -0,05% | -0,3% | 2 |
| FDUSD First Digital USD | fiat-backed | $350,0M | $0,9974 | -0,26% | +0,5% | 6 |
| rwaUSDi rwaUSDi | crypto-backed | $336,2M | $0,9996 | -0,04% | -5,3% | 4 |
| GUSD Gate USD | fiat-backed | $318,9M | $0,9982 | -0,18% | -0,1% | 1 |
| apxUSD apxUSD | crypto-backed | $288,7M | $0,9434 | -5,66% | +14,7% | 3 |
| M M by M0 | fiat-backed | $283,5M | — | — | -3,4% | 8 |
| BUSD Binance Peg BUSD | crypto-backed | $232,9M | $1,0000 | -0,00% | +0,1% | 27 |
| AUSD Agora Dollar | fiat-backed | $230,8M | $0,9993 | -0,07% | -11,4% | 14 |
| crvUSD crvUSD | crypto-backed | $228,3M | $0,9993 | -0,07% | +0,7% | 12 |
| HUSD HUSD | fiat-backed | $192,3M | — | — | 0,0% | 3 |
| reUSD Re Protocol reUSD | crypto-backed | $189,0M | $1,0937 | +9,37% | +1,4% | 10 |
| USAT USAT | fiat-backed | $185,0M | $0,9986 | -0,14% | +0,0% | 1 |
| EURCV EUR CoinVertible | fiat-backed | $183,4M | $1,1547 | +15,47% | +4,3% | 4 |
| USDai USD.AI | crypto-backed | $173,0M | $0,9994 | -0,06% | +8,2% | 3 |
| FLEXUSD flexUSD | crypto-backed | $166,2M | $0,9996 | -0,04% | -0,1% | 2 |
| satUSD River Stablecoin | crypto-backed | $158,2M | $0,9967 | -0,33% | +0,2% | 11 |
| FRAX Frax | algorithmic | $156,7M | $0,9907 | -0,93% | +1,2% | 22 |