Stablecoins

Explore the activity and risks behind crypto and asset-backed stablecoins. View encumbent and new issuer on-chain traction, regulatory information, and structural data.

Market Cap

$171.78B

1.76%from 30d ago

% of M2 Money Supply

0.82%

1.76%from 30d ago

Monthly Transfer Volume

$1.55T

8.37%from 30d ago

Monthly Active Addresses

19.40M

+9.53%from 30d ago

Holders

121.27M

+4.12%from 30d ago

Stablecoin Metrics

Market Caps shows the scale and power law distribution between all stablecoin issuers.

Show % of Total

Group By

Market Caps

Group By

as of 09/19/2024

Top Entities

Rank
Issuer
Market Cap
30D%
1
Tether Holdings Logo

Tether Holdings

$119,045.06M
2.10%
2
Circle Logo

Circle

$35,670.67M
1.45%
3
Binance Logo

Binance

$4,352.17M
0.46%
4
MakerDAO Logo

MakerDAO

$3,152.63M
2.15%
5
First Digital Labs Logo

First Digital Labs

$2,943.79M
18.79%
6
Ethena Logo

Ethena

$2,600.67M
14.63%
7
Frax Finance Logo

Frax Finance

$1,022.13M
0.01%
8
Paxos Logo

Paxos

$895.35M
15.94%
9
USDD Protocol Logo

USDD Protocol

$731.24M
2.34%
10
Usual Logo

Usual

$237.75M
26.57%

Stablecoin Payment Corridors

View cross-border stablecoin payment corridors between different countries.

Get Access to Payment Corridor Metrics

as of 09/19/2024

Stablecoins

48 Total

Expand rows to view different networks supported by each stablecoin product.

📣 We now support asset reserves data for stablecoins. Learn more here.

Network

Pegged Asset

Is Yield Bearing?

Name
Ticker
Networks
Market Cap
Price
Pegged Currency
Underlying Assets
Incorporation Country
License or Regulatory Framework
S&P Stability Assessment
Rating
by Bluechip
Account Segregation
Bankruptcy Remote
Custodians
Login to Unlock
Auditor
Login to Unlock
Transparency
Monthly Active Addresses
Monthly Transfer Volume
Monthly Transfer Count
Holders
Contract Address
Tether USDt IconTether USDtTether Holdings
$USDT
TRON LogoSolana LogoOptimism LogoNEAR LogoEthereum LogoCelo LogoAvalanche LogoArbitrum Logo
$118,978,228,001
$1.0022

US Dollar

Money Market - Fund+ 6 More
British Virgin Islands Flag

British Virgin Islands

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

4 - Constrained
Cantor Fitzgerald+ 6 More
BDO Italia
12,291,407
$673,258,570,027
92,305,992
74,013,213
9 Addresses
USDC IconUSDCCircle
$USDC
TRON LogoStellar LogoSolana LogoPolygon LogoOptimism LogoNoble LogoNEAR LogoEthereum LogoCelo LogoBinance Smart Chain LogoBase LogoAvalanche LogoArbitrum Logo
$35,614,343,201
$1.0017

US Dollar

Money Market - Fund+ 3 More
United States of America Flag

United States of America

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

2 - Strong
The Bank of New York Mellon
Deloitte
2,825,193
$459,176,523,029
129,927,523
17,353,580
16 Addresses
$BSC-USD
Binance Smart Chain Logo

Binance Smart Chain

$3,986,273,733
$1.0020

US Dollar

4,122,270
$48,591,758,966
71,854,700
22,748,616
DAI IconDAIMakerDAO
$DAI
NEAR LogoEthereum Logo
$3,152,625,992
$1.0036

US Dollar

Structured Credit+ 4 More

Non-Regulated

4 - Constrained
32,641
$340,373,739,948
226,655
644,497
2 Addresses
First Digital USD IconFirst Digital USDFirst Digital Labs
$FDUSD
Ethereum LogoBinance Smart Chain Logo
$2,943,788,113
$1.0058

US Dollar

Money Market - RRP+ 2 More
Hong Kong Flag

Hong Kong

Non-Regulated

4 - Constrained
First Digital Trust
Prescient Assurance LLC.
4,969
$10,822,208,871
69,086
45,152
2 Addresses
$USDe
Solana LogoEthereum Logo
$2,600,667,972
$1.0004

US Dollar

Derivatives - Short ETH PerpsCryptocurrencies - ETH

Non-Regulated

7,973
$4,781,072,867
70,016
21,645
2 Addresses
FRAX IconFRAXFrax Finance
$FRAX
NEAR LogoEthereum Logo
$1,022,130,587
$1.0011

US Dollar

Money Market - Fund+ 4 More

Non-Regulated

5 - Weak
Lead Bank
1,414
$529,656,665
50,123
15,357
2 Addresses
USDD IconUSDDUSDD Protocol
$USDD
TRON Logo

TRON

$731,236,319
$1.0014

US Dollar

CryptocurrenciesStablecoins

Non-Regulated

Huobi Exchange
2,039
$249,524,406
21,173
133,713
$PYUSD
Solana LogoEthereum Logo
$721,065,216
$1.0039

US Dollar

Money Market - RRP+ 2 More
United States of America Flag

United States of America

New York State, U.S. Virtual Currency Business

NYDFS - New York State Department of Financial Services

BMO Harris Bank N.A.+ 2 More
WithumSmith+Brown
28,889
$8,443,631,711
1,364,018
28,668
2 Addresses
$BSC-BUSD
Binance Smart Chain Logo

Binance Smart Chain

$365,900,660
$1.0078

US Dollar

71,211
$673,623,670
2,284,868
5,891,445
$USD0
Ethereum Logo

Ethereum

$237,752,745
$1.0025

US Dollar

Money Market - USYC
France Flag

France

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

2,456
$274,162,315
15,667
1,536
$deUSD
Ethereum Logo

Ethereum

$143,633,838
$1.0035

US Dollar

Stablecoins - sDAI+ 3 More
British Virgin Islands Flag

British Virgin Islands

Ceffu Copper Clearloop
3,091
$124,960,397
12,071
291
GHO IconGHOAave
$GHO
Ethereum Logo

Ethereum

$143,553,309
$1.0086

US Dollar

US Treasury Debt - TokenizedCryptocurrencies

Non-Regulated

BNY Mellon Pershing
1,340
$251,282,234
11,928
2,575
$EURS
Ethereum Logo

Ethereum

$119,748,878
$1.1150

Euro

Bank Deposits - EUR
Malta Flag

Malta

Malta Virtual Financial Assets (VFA) Framework

MFSA - Malta Financial Services Authority

EXT LTD+ 2 More
BDO Malta
179
$5,291,920
706
5,944
$USDP
Ethereum Logo

Ethereum

$104,903,430
$1.0042

US Dollar

US Treasury Debt+ 2 More
United States of America Flag

United States of America

New York State, U.S. Virtual Currency Business

NYDFS - New York State Department of Financial Services

2 - Strong
BMO Harris Bank N.A.+ 4 More
WithumSmith+Brown
778
$120,450,489
2,510
118,903
Liquity IconLiquityLiquity Protocol
$LUSD
Ethereum Logo

Ethereum

$99,866,826
$1.0036

US Dollar

Cryptocurrencies - ETH

Non-Regulated

586
$44,525,527
3,014
11,862
$GUSD
Ethereum Logo

Ethereum

$78,482,014
$1.0034

US Dollar

Money Market - Fund+ 2 More
United States of America Flag

United States of America

New York State, U.S. Virtual Currency Business

NYDFS - New York State Department of Financial Services

2 - Strong
State Street Bank and Trust Company+ 2 More
BPM LLP
913
$157,525,738
3,928
23,220
$BUSD
Ethereum Logo

Ethereum

$69,384,019
$0.9936

US Dollar

US Treasury Debt+ 2 More
United States of America Flag

United States of America

New York State, U.S. Virtual Currency Business

NYDFS - New York State Department of Financial Services

BMO Harris Bank N.A.+ 4 More
WithumSmith+Brown
1,004
$3,929,347
2,834
148,475
Anchored Coins EUR IconAnchored Coins EURAnchored Coins
$AEUR
Ethereum LogoBinance Smart Chain Logo
$62,924,975
$1.1124

Euro

6
$4,518
8
140
2 Addresses
AUSD IconAUSDAgora
$AUSD
Ethereum LogoAvalanche Logo
$56,477,321
$0.9993

US Dollar

Bank Deposits - USD+ 2 More
British Virgin Islands Flag

British Virgin Islands

State Street
266
$304,316,667
29,651
185
2 Addresses
EURC IconEURCCircle
$EURC
Ethereum LogoBase LogoAvalanche Logo
$56,331,694
$1.1158

Euro

Bank Deposits - EUR
United States of America Flag

United States of America

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

The Bank of New York Mellon
Deloitte
690
$268,789,219
16,519
5,852
3 Addresses
Mountain USD IconMountain USDMountain Protocol
4.94%
$USDM
Polygon LogoOptimism LogoEthereum LogoBase LogoArbitrum Logo
$52,718,130
$1.0000

US Dollar

Public Equity - Treasury ETF+ 4 More
Bermuda Flag

Bermuda

Bermuda Digital Assets Issuance Act

BMA - Bermuda Monetary Authority

3 - Adequate
Nephos Group
573
$98,604,538
17,930
1,433
5 Addresses
Synthetix sEUR IconSynthetix sEURSynthentix Protocol Governed by Synthetix DAO
$sEUR
Ethereum Logo

Ethereum

$49,762,598
$1.1156

Euro

Cryptocurrencies - SNX

Non-Regulated

15
$214,857
105
781
Lift Dollar IconLift DollarPaxos Issuance MENA Ltd
5%
$USDL
Ethereum Logo

Ethereum

$47,897,210
$0.9993

US Dollar

Corporate Bonds+ 3 More
United Arab Emirates Flag

United Arab Emirates

Abu Dhabi Global Market

FSRA - Financial Services Regulatory Authority

Crowe Mak
39
$91,703,416
120
56
M IconMM^0
$M
Ethereum Logo

Ethereum

$42,713,391
$1.0000

US Dollar

15
$87,032,695
33
18
EUR CoinVertible IconEUR CoinVertibleSociete Generale
$EURCV
Ethereum Logo

Ethereum

$37,032,947
$1.1163

Euro

Bank Deposits - EUR
France Flag

France

France Digital Asset Service Provider (DASP) under PACTE Law

AMF - French Autorité des Marchés Financiers

7
$1,545,497
13
28
$AGEUR
Ethereum Logo

Ethereum

$36,160,559
$1.1192

Euro

Corporate Bonds+ 2 More

Non-Regulated

WithumSmith+Brown
199
$19,355,096
2,981
2,931
Tether EURt IconTether EURtTether Holdings
$EURT
Ethereum Logo

Ethereum

$33,044,240
$1.1028

Euro

Money Market - Fund+ 6 More
British Virgin Islands Flag

British Virgin Islands

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

Deltec Bank & Trust (Bahamas)+ 4 More
BDO Italia
307
$28,389,072
2,486
1,630
$USDz
MEthereum LogoBlast LogoBase Logo
$32,298,461
$1.0014

US Dollar

Private Credit - sPCT
British Virgin Islands Flag

British Virgin Islands

210
$18,323,472
2,758
504
4 Addresses
$XSGD
Ethereum Logo

Ethereum

$32,012,690
$0.7792

Singapore Dollar

non-US Government Debt - Singaporean Treasury BillsBank Deposits - SGD
Bermuda Flag

Bermuda

Singapore Payment Services Act

MAS - Monetary Authority of Singapore

KK Yap & Associates
363
$12,202,403
1,519
3,077
Bean IconBeanBeanstalk Protocol Governed by Beanstalk DAO
$BEAN
Ethereum Logo

Ethereum

$21,908,467
$0.4172

US Dollar

Cryptocurrencies - "Pods" Beanstalk Debt

Non-Regulated

100
$1,829,898
650
295
$TRYB
Ethereum Logo

Ethereum

$19,837,064
$0.0298

Turkish Lira

Bank Deposits - TRY
Turkey Flag

Turkey

Non-Regulated

BiLira Teknoloji A.Ş.
Corpus Denetim ve Yeminili Mali Musavirlik AS
89
$423,667,594
979
917
Alloy USDT IconAlloy USDTTether Holdings
$aUSDT
Ethereum Logo

Ethereum

$19,061,346
$1.0003

US Dollar

Commodities - XAUT
British Virgin Islands Flag

British Virgin Islands

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

Swiss Custodian (undisclosed)
BDO Italia
10
$154,974
19
25
Verified USD IconVerified USDVerified USD
$USDV
Ethereum Logo

Ethereum

$16,779,515
$1.0015

US Dollar

US Treasury Debt - Tokenized
British Virgin Islands Flag

British Virgin Islands

Singapore Securities and Futures Act Section 275 Exemption

MAS - Monetary Authority of Singapore

STBT Transparency Panel (VUSD Foundation, LayerZero, Michael Egorov)
39
$301,498
93
291
Tether CNHt IconTether CNHtTether Holdings
$CNHT
TRON LogoEthereum Logo
$13,683,033
$0.1418

Chinese Yuan

Money Market - Fund+ 6 More
British Virgin Islands Flag

British Virgin Islands

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

Deltec Bank & Trust (Bahamas)+ 4 More
BDO Italia
1
$5,469
1
54
2 Addresses
RupiahToken IconRupiahTokenPT Rupiah Token Indonesia
$IDRT
Polygon LogoEthereum LogoBinance Smart Chain Logo
$9,045,575
$0

Indonesian Rupiah

Bank Deposits - IDR
Indonesia Flag

Indonesia

Johannes Jura & Rekan
132
$5,449,807
339
10,621
3 Addresses
Z.com USD IconZ.com USDGMO Trust
$ZUSD
Stellar LogoEthereum Logo
$8,376,980
$0.8185

US Dollar

US Treasury DebtBank Deposits - USD
United States of America Flag

United States of America

New York State, U.S. Virtual Currency Business

NYDFS - New York State Department of Financial Services

BankProv+ 2 More
37
$8,128,486
49
680
2 Addresses
GMO JPY IconGMO JPYGMO Trust
$GYEN
Stellar LogoEthereum Logo
$8,182,809
$0.0070

Japanese Yen

Bank Deposits - JPY
United States of America Flag

United States of America

New York State, U.S. Virtual Currency Business

NYDFS - New York State Department of Financial Services

BankProv+ 2 More
WithumSmith+Brown
105
$369,653
315
10,761
2 Addresses
$BRZ
Ethereum Logo

Ethereum

$2,582,802
$0.1827

Brazilian Real

Bank Deposits - BRL+ 3 More
Switzerland Flag

Switzerland

Transfero Gestão de Ativos Digitais+ 2 More
Carvalho, Machado E Timm Advogados
29
$953,126
130
149
Synthetix sUSD IconSynthetix sUSDSynthentix Protocol Governed by Synthetix DAO
$sUSD
Ethereum Logo

Ethereum

$2,510,299
$0.9925

US Dollar

Cryptocurrencies - SNX

Non-Regulated

324
$37,015,945
2,119
18,426
Forte AUD IconForte AUDForte Securities Australia Pty Limited
$AUDF
Polygon LogoEthereum LogoAvalanche Logo
$2,436,644
$0.6657

Australian Dollar

Bank Deposits - AUD
Australia Flag

Australia

Australian Financial Services License

ASIC - Australian Securities & Investments Commission

MVA Bennett
9
$180,483,967
271
16
3 Addresses
Tether MXNt IconTether MXNtTether Holdings
$MXNT
Ethereum Logo

Ethereum

$1,043,633
$0.0518

Mexican Peso

Money Market - Fund+ 6 More
British Virgin Islands Flag

British Virgin Islands

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

Deltec Bank & Trust (Bahamas)+ 4 More
BDO Italia
$0
0
5
$AUDD
Stellar LogoEthereum Logo
$870,729
$0.6706

Australian Dollar

non-US Government Debt - Australian Treasury NotesBank Deposits - AUD

Australian Digital Currency Exchange

AUSTRAC - Australian Transaction Reports and Analysis Centre

William Buck Australia
24
$481,722
159
515
2 Addresses
EUROe IconEUROeMembrane Finance
$EUROe
Ethereum Logo

Ethereum

$845,939
$1.1190

Euro

Bank Deposits - EUR
Finland Flag

Finland

Finland Electronic Money Institution (EMI)

FSA - Finish Financial Supervisory Authority

Bank Frick
KPMG
20
$548,713
94
154
$USDGLO
Ethereum Logo

Ethereum

$679,590
$1.0047

US Dollar

US Treasury DebtBank Deposits - USD
United States of America Flag

United States of America

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

Abdo Solutions
19
$44,413
44
127
$XIDR
Ethereum Logo

Ethereum

$335,062
$0

Indonesian Rupiah

Bank Deposits - IDR
Bermuda Flag

Bermuda

Singapore Payment Services Act

MAS - Monetary Authority of Singapore

KK Yap & Associates
3
$207
7
205
$VCHF
Ethereum Logo

Ethereum

$65,544
$1.1894

Swiss Franc

Commodities - Gold
Liechtenstein Flag

Liechtenstein

Liechtenstein Blockchain Act

FMA - Liechtenstein Financial Market Authority

Philoro Edelmetallhandel AG
AREVA AG
11
$74,751
14
39
Poundtoken IconPoundtokenBlackfridge SC Limited
$1GBP
Ethereum Logo

Ethereum

$61,484
$1.3172

Great British Pound

Bank Deposits - GPT
Isle of Man Flag

Isle of Man

Isle of Man Money Transmission Services License

IMFSA - Isle of Man Financial Services Authority

Digivault
KPMG
10
$14,000
38
16

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