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

$296.04B

+2.04%from 30d ago

Monthly Transfer Volume

$4.50T

+38.88%from 30d ago

Monthly Active Addresses

33.15M

+22.23%from 30d ago

Holders

199.33M

+2.91%from 30d ago

Stablecoin Metrics

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

Show % of Total

Group By

Stablecoin Market Caps

Group By

as of 10/31/2025

Stablecoin League Table

#
Platform
RWA Count
Market Cap
30D%
Market Share
1
5
$179,246.5M
4.03%
60.55%
2
2
$73,199.5M
2.67%
24.73%
3
2
$11,561.4M
30.59%
3.91%
4
1
$9,708.9M
12.04%
3.28%
5
2
$4,595.9M
0.13%
1.55%
6
4
$3,946.2M
20.01%
1.33%
7
1
$2,875.4M
12.31%
0.97%
8
3
$1,992.6M
11.59%
0.67%
9
2
$1,478.9M
9.75%
0.50%
10
1
$1,142.6M
0.45%
0.39%

Top Net Flows

As of 10/31/2025

Stablecoins

72 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
Platform
Networks
Market Cap
Price
Pegged Currency
Underlying Assets
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Domicile
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License or Regulatory Framework
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S&P Stability Assessment
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Rating
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Account Segregation
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Bankruptcy Remote
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Custodians
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Auditor
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Transparency
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Trailing 30D Active Addresses
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Monthly Transfer Volume
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Tether USDt IconTether USDtTether Holdings
USDT
TRON LogoSolana LogoPolygon LogoPlume LogoOptimism LogoNEAR LogoEthereum LogoCelo LogoAvalanche LogoArbitrum LogoAptos Logo
$181,786,720,670
$1.0003
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
17,450,043
$1,659,159,692,720
367,017,845
118,367,957
15 Addresses
USDC IconUSDCCircle International
USDC
ZKsync Era LogoXRP Ledger LogoXDC LogoTRON LogoStellar LogoSolana LogoPolygon LogoPlume LogoOptimism LogoNoble LogoNEAR LogoMANTRA LogoHedera Hashgraph LogoEthereum LogoCelo LogoBase LogoBNB Chain LogoAvalanche LogoArbitrum LogoAptos Logo
$73,608,356,843
$0.9998
Bermuda Flag

Bermuda

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

2 - Strong
The Bank of New York Mellon
Deloitte
9,771,733
$2,445,913,602,752
388,445,600
33,206,453
28 Addresses
USDS IconUSDSSky
USDS
Solana LogoPolygon LogoNEAR LogoEthereum Logo
$10,319,642,557
$0.9989
Structured Credit+ 4 More

N/A

Non-Regulated

4 - Constrained
659,057
$126,406,170,780
46,249,733
3,020,912
5 Addresses
USDe
Solana LogoEthereum LogoAvalanche Logo
$9,730,592,236
$0.9993
Derivatives - Short ETH PerpsCryptocurrencies - ETH

N/A

Non-Regulated

5 - Weak
21,878
$55,876,241,932
306,514
45,423
3 Addresses
BSC-USD
$4,285,953,861
$1.0002
4,551,340
$148,565,292,523
125,519,561
36,903,054
USD1 IconUSD1BitGo
USD1
TRON LogoSolana LogoPlume LogoEthereum LogoBNB Chain LogoAptos Logo
$2,895,423,808
$1.0001
United States of America Flag

United States of America

GENIUS Act

All reserve assets are held or maintained by BitGo Trust Company+ 6 More
Crowe LLP
426,968
$9,160,676,627
17,877,896
456,124
6 Addresses
PYUSD
Stellar LogoSolana LogoEthereum Logo
$2,844,035,287
$0.9997
Money Market - RRP+ 2 More
United States of America Flag

United States of America

German Electronic Securities Act

BMF - German Federal Ministry of Finance

BMO Harris Bank N.A.+ 2 More
WithumSmith+Brown
80,167
$28,408,890,120
1,924,912
104,456
3 Addresses
USDtb IconUSDtbAnchorage Digital Bank
USDtb
Solana LogoEthereum LogoBase LogoArbitrum Logo
$1,830,759,732
$0.9993
US Treasury Debt - BUIDL
United States of America Flag

United States of America

OCC National Bank Charter (Federal Prudential Supervision)

Office of the Comptroller of the Currency (OCC)

476
$409,089,574
5,126
565
4 Addresses
First Digital USD IconFirst Digital USDFD121 (BVI) Limited
FDUSD
Solana LogoEthereum LogoBNB Chain Logo
$1,142,611,885
$0.9986
Money Market - RRP+ 2 More
British Virgin Islands Flag

British Virgin Islands

Non-Regulated

4 - Constrained
First Digital Trust
Prescient Assurance LLC.
2,418
$1,321,321,043
59,934
64,419
3 Addresses
Global Dollar IconGlobal DollarPaxos Digital Singapore
USDG
Solana LogoEthereum Logo
$986,773,451
$0.9998
US Treasury Debt+ 2 More
Singapore Flag

Singapore

10,098
$6,595,634,299
1,057,077
6,228
2 Addresses
Ripple USD IconRipple USDStandard Custody & Trust Company
RLUSD
XRP Ledger LogoEthereum Logo
$903,386,930
$0.9999
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

BPM LLP
4,578
$5,825,800,180
484,534
38,014
2 Addresses
M IconMM0
M
Plume LogoEthereum Logo
$808,789,712
$1.0000

N/A

32
$814,728,578
1,585
75
2 Addresses
USDD IconUSDDUSDD Protocol
USDD
$744,754,296
$1.0007
CryptocurrenciesStablecoins

Non-Regulated

Huobi Exchange
172
$3,269,039
2,925
135,183
USDai IconUSDaiUSDai Protocol
USDai
$563,149,826
$1.0132

Non-Regulated

6,780
$1,038,501,914
149,623
3,107
USD0
$548,379,964
$0.9982
Money Market - USYC
France Flag

France

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

1,760
$379,635,131
14,912
11,175
GHO IconGHOAave
GHO
$416,991,533
$0.9997
US Treasury Debt - TokenizedCryptocurrencies

N/A

Non-Regulated

BNY Mellon Pershing
3,576
$3,208,041,885
51,056
7,141
EURC IconEURCCircle
EURC
Stellar LogoSolana LogoEthereum LogoBase LogoAvalanche Logo
$312,876,530
$1.1655
Bank Deposits - EUR
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
32,867
$2,771,890,573
1,529,370
58,325
5 Addresses
BSC-BUSD
$309,986,200
$0.9986
16,313
$345,887,312
598,934
6,176,964
FRAX IconFRAXFrax Finance
FRAX
NEAR LogoEthereum Logo
$296,225,567
$0.9958
Money Market - Fund+ 4 More

N/A

Non-Regulated

5 - Weak
Lead Bank
1,137
$399,354,228
43,074
17,668
2 Addresses
USR IconUSRResolv
USR
Ethereum LogoBase LogoBNB Chain LogoArbitrum Logo
$264,621,395
$0.9997
British Virgin Islands Flag

British Virgin Islands

Non-Regulated

1,804
$689,400,412
89,079
11,600
4 Addresses
OpenEden OpenDollar IconOpenEden OpenDollarOpenEden Digital
USDO
Ethereum LogoBase Logo
$217,116,615
$1.0012
Bermuda Flag

Bermuda

Bermuda Digital Assets Issuance Act

BMA - Bermuda Monetary Authority

Agio iconAgio
288
$83,455,447
1,513
251
2 Addresses
deUSD
Plume LogoEthereum LogoAvalanche Logo
$214,830,057
$0.9994
Stablecoins - sDAI+ 3 More
British Virgin Islands Flag

British Virgin Islands

Ceffu Copper Clearloop
1,178
$448,849,096
18,400
6,900
4 Addresses
AUSD IconAUSDAgora
AUSD
Solana LogoPolygon LogoMantle LogoEthereum LogoAvalanche Logo
$142,875,218
$0.9995
Bank Deposits - USD+ 2 More
British Virgin Islands Flag

British Virgin Islands

State Street
24,273
$1,528,064,457
735,513
59,325
5 Addresses
Avant USD IconAvant USDAvant Technology Foundation
avUSD
$125,435,522
$0.9986
586
$300,818,092
31,036
950
USDz
Manta Pacific LogoEthereum LogoBlast LogoBase Logo
$114,767,068
$0.9903
Private Credit - sPCT
British Virgin Islands Flag

British Virgin Islands

Non-Regulated

36
$1,698,423
156
1,237
4 Addresses
USDP
Solana LogoEthereum Logo
$60,247,916
$0.9997
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
4,278
$152,263,421
58,969
273,994
2 Addresses
Anchored Coins EUR IconAnchored Coins EURAnchored Coins
AEUR
Ethereum LogoBNB Chain Logo
$56,582,997
$1.1931
Switzerland Flag

Switzerland

3
$2,840
9
163
2 Addresses
BUSD
$55,152,861
$1.0023
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
862
$7,179,350
3,929
125,056
EUR CoinVertible IconEUR CoinVertibleSociete Generale
EURCV
$53,338,839
$1.1644
Bank Deposits - EUR
France Flag

France

France Digital Asset Service Provider (DASP) under PACTE Law

AMF - French Autorité des Marchés Financiers

3 - Adequate
275
$248,714,118
3,936
196
Quantoz USDQ IconQuantoz USDQQuantoz Payments
USDQ
$50,996,447
$0.9999
Netherlands Flag

Netherlands

130
$3,875,550
3,041
247
Liquity LUSD IconLiquity LUSDLiquity Protocol
LUSD
$37,611,821
$1.0000
Cryptocurrencies - ETH

N/A

Non-Regulated

612
$21,394,615
4,400
12,186
Synthetix sUSD IconSynthetix sUSDSynthentix Protocol Governed by Synthetix DAO
sUSD
$36,262,792
$0.9916
Cryptocurrencies - SNX

N/A

Non-Regulated

760
$126,070,214
18,838
19,971
Ondo U.S. Dollar Token IconOndo U.S. Dollar TokenOndo Global Markets
USDon
$32,555,638
$1.0000
British Virgin Islands Flag

British Virgin Islands

British Virgin Islands Securities and Investment Business Act

FSC - British Virgin Islands Financial Services Commission

BPM UK Audit Ltd
4,584
$138,740,210
116,235
6,135
reUSD IconreUSDResilience BVI Ltd.
reUSD
Ethereum LogoBase LogoAvalanche LogoArbitrum Logo
$30,850,709
$1.0367
British Virgin Islands Flag

British Virgin Islands

British Virgin Islands Securities and Investment Business Act

FSC - British Virgin Islands Financial Services Commission

Grant Thornton Cayman Islands
233
$71,870,637
2,863
87
4 Addresses
EURA
$19,539,084
$1.1633
Corporate Bonds+ 2 More

N/A

Non-Regulated

WithumSmith+Brown
220
$16,299,468
4,837
2,993
Plume USD IconPlume USDNucleus
pUSD
$18,252,190
$0.9983
62,714
$1,151,721,269
2,339,413
89,659
XSGD
Polygon LogoHedera Hashgraph LogoEthereum LogoAvalanche Logo
$17,968,418
$0.7716
Bermuda Flag

Bermuda

Singapore Payment Services Act

MAS - Monetary Authority of Singapore

KK Yap & Associates
307
$0
0
8,245
4 Addresses
Quantoz EURQ IconQuantoz EURQQuantoz Payments
EURQ
$17,353,042
$1.1569
Netherlands Flag

Netherlands

91
$1,050,850
493
211
Mountain USD IconMountain USDMountain Protocol
USDM
ZKsync Era LogoPolygon LogoOptimism LogoEthereum LogoBase LogoAvalanche LogoArbitrum Logo
$15,036,485
$0.8760
Public Equity - Treasury ETF+ 4 More
Bermuda Flag

Bermuda

Bermuda Digital Assets Issuance Act

BMA - Bermuda Monetary Authority

3 - Adequate
Nephos Group
137
$34,606
388
9,328
7 Addresses
Bean IconBeanBeanstalk Protocol Governed by Beanstalk DAO
BEAN
$12,659,920
$0.3789
Cryptocurrencies - "Pods" Beanstalk Debt

Non-Regulated

11
$907
24
233
GUSD
$11,284,001
$0.9996
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
553
$88,771,869
2,795
21,580
EURS
XDC LogoStellar LogoPolygon LogoEthereum Logo
$9,943,196
$1.1588
Malta Flag

Malta

EXT LTD+ 2 More
BDO Malta
211
$8,205,009
1,684
6,129
4 Addresses
EURØP IconEURØPSchuman Financial
EUROP
XRP Ledger LogoPolygon LogoEthereum LogoAvalanche Logo
$9,719,737
$1.1609
Switzerland Flag

Switzerland

KPMG
151
$18,544,005
47,759
202
4 Addresses
Braza USDB IconBraza USDBBraza Bank
USDB
$9,507,714
$1.0000
Brazil Flag

Brazil

18
$16,536,650
4,503
21
Tether EURt IconTether EURtTether Holdings
EURT
$9,383,441
$1.1583
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
254
$3,901,443
1,252
2,225
AUDD
XRP Ledger LogoXDC LogoStellar LogoSolana LogoHedera Hashgraph LogoEthereum LogoBase Logo
$8,807,153
$0.6560
Australia Flag

Australia

Australian Digital Currency Exchange

AUSTRAC - Australian Transaction Reports and Analysis Centre

William Buck Australia
207
$6,721,190
1,881
789
7 Addresses
USP
$7,508,054
$0.9985
Republic of the Marshall Islands Flag

Republic of the Marshall Islands

Non-Regulated

53
$2,123,542
640
53
GMO JPY IconGMO JPYGMO Trust
GYEN
Stellar LogoSolana LogoEthereum Logo
$6,893,037
$0.0064
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
142
$642,421
699
11,715
3 Addresses
Tether CNHt IconTether CNHtTether Holdings
CNHT
TRON LogoEthereum Logo
$5,944,879
$0.2899
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
3
$0
0
56
2 Addresses
BBRL IconBBRLBraza Bank
BBRL
$4,632,983
$0.1838
Brazil Flag

Brazil

Brazilian Virtual Assets Law

BCB - Banco Central do Braasil

64
$663,117,808
13,161
49
RupiahToken IconRupiahTokenPT Rupiah Token Indonesia
IDRT
Polygon LogoEthereum LogoBNB Chain Logo
$3,512,369
$0
Bank Deposits - IDR
Indonesia Flag

Indonesia

Johannes Jura & Rekan
118
$305,038
321
11,383
3 Addresses
Tether MXNt IconTether MXNtTether Holdings
MXNT
$3,078,407
$0.1539
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
$0
0
4
BRZ
$2,601,872
$0.1858
Bank Deposits - BRL+ 3 More
Switzerland Flag

Switzerland

Transfero Gestão de Ativos Digitais+ 2 More
Carvalho, Machado E Timm Advogados
20
$67,166
23
276
Forte AUD IconForte AUDForte Securities Australia Pty Limited
AUDF
Polygon LogoEthereum LogoAvalanche Logo
$2,585,882
$0.6269
Bank Deposits - AUD
Australia Flag

Australia

Australian Financial Services License

ASIC - Australian Securities & Investments Commission

MVA Bennett
9
$13,031,292
23
102
3 Addresses
Origin Dollar IconOrigin DollarOrigin Protocol
OUSD
$2,580,680
$0.9989

Non-Regulated

134
$10,229,068
6,077
2,210
BRLA
$2,086,869
$0.1857
Brazil Flag

Brazil

Brazilian Virtual Assets Law

BCB - Banco Central do Braasil

474
$0
0
14,656
MXNB - Mexican Peso Stablecoin IconMXNB - Mexican Peso StablecoinJuno (a Bitso company)
MXNB
Ethereum LogoAvalanche LogoArbitrum Logo
$2,053,450
$0.0544
Mexico Flag

Mexico

BDO
197
$16,150,426
9,649
349
3 Addresses
Fathom Dollar IconFathom DollarFathom DAO
FXD
$1,334,401
$0.6915
Cryptocurrencies - XDC

N/A

Non-Regulated

62
$938,971
4,789
750
VCHF
Stellar LogoSolana LogoPolygon LogoEthereum LogoBase LogoAvalanche LogoArbitrum Logo
$1,200,729
$1.2566
Liechtenstein Flag

Liechtenstein

Liechtenstein Blockchain Act

FMA - Liechtenstein Financial Market Authority

Philoro Edelmetallhandel AG
AREVA AG
130
$4,321,717
16,913
295
7 Addresses
Z.com USD IconZ.com USDGMO Trust
ZUSD
Stellar LogoSolana LogoEthereum Logo
$1,033,679
$0.8937
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
16
$6,194
24
668
3 Addresses
Alloy USDT IconAlloy USDTTether Holdings
aUSDT
$765,352
$1.0002
Commodities - XAUT
British Virgin Islands Flag

British Virgin Islands

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

Swiss Custodian (undisclosed)
BDO Italia
13
$649,165
37
39
USDGLO
$530,506
$0.9997
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
16
$255,628
31
154
Synthetix sEUR IconSynthetix sEURSynthentix Protocol Governed by Synthetix DAO
sEUR
$523,503
$0.5261
Cryptocurrencies - SNX

N/A

Non-Regulated

18
$116,890
293
802
VEUR
Stellar LogoSolana LogoPolygon LogoEthereum LogoBase LogoAvalanche Logo
$480,779
$1.1662
Liechtenstein Flag

Liechtenstein

Liechtenstein Blockchain Act

FMA - Liechtenstein Financial Market Authority

OZL Offenes Zollager in Liechtenstein AG
AREVA AG
205
$16,446,061
46,676
351
6 Addresses
mZAR IconmZARMesh
mZAR
$434,961
$0.0583
Netherlands Flag

Netherlands

$0
0
401
EUROe IconEUROeMembrane Finance
EUROe
Solana LogoEthereum Logo
$262,912
$1.1669
Bank Deposits - EUR
Finland Flag

Finland

Finland Electronic Money Institution (EMI)

FSA - Finish Financial Supervisory Authority

Bank Frick
KPMG
33
$255
18
1,599
2 Addresses
MXNe
Stellar LogoSolana LogoBase Logo
$141,698
$0.0543
United States of America Flag

United States of America

U.S. State Money Transmitter Licensing

151
$4,117,059
8,228
500
3 Addresses
XIDR
$116,912
$0
Bank Deposits - IDR
Bermuda Flag

Bermuda

Singapore Payment Services Act

MAS - Monetary Authority of Singapore

KK Yap & Associates
1
$67,083
1
196
Open Money USD IconOpen Money USDOpen Money DAO
omUSD
$112,724
$0.9992
6
$166
9
65
Frontier Stable Token IconFrontier Stable TokenThe State of Wyoming - Wyoming Stable Token Commission
FRNT
Solana LogoPolygon LogoOptimism LogoEthereum LogoBase LogoAvalanche LogoArbitrum Logo
$100,600
$1.0000
The Network Firm iconThe Network Firm
10
$506
10
15
7 Addresses
Poundtoken IconPoundtokenBlackfridge SC Limited
1GBP
$60,271
$1.3172
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
9
$356
18
148
Verified USD IconVerified USDVerified USD
USDV
$15,217
$0.1000
British Virgin Islands Flag

British Virgin Islands

Singapore Securities and Futures Act Section 275 Exemption

MAS - Monetary Authority of Singapore

3
$42
11
263