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

$293.50B

+4.54%from 30d ago

Monthly Transfer Volume

$3.68T

+11.63%from 30d ago

Monthly Active Addresses

28.62M

+2.11%from 30d ago

Holders

195.60M

+2.08%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 10/13/2025

Stablecoin League Table

#
Platform
RWA Count
Market Cap
30D%
Market Share
1
5
$176,215.4M
5.46%
60.04%
2
2
$72,706.0M
3.71%
24.77%
3
2
$14,607.0M
3.89%
4.98%
4
1
$8,729.9M
0.35%
2.97%
5
2
$4,599.1M
0.08%
1.57%
6
4
$3,421.8M
64.41%
1.17%
7
1
$2,467.1M
4.85%
0.84%
8
3
$1,823.3M
22.03%
0.62%
9
2
$1,537.4M
9.64%
0.52%
10
1
$1,129.9M
3.32%
0.38%

Top Net Flows

As of 10/13/2025

Stablecoins

68 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
$178,865,825,038
$1.0017
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
17,974,128
$1,556,994,484,903
348,019,032
116,656,464
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
$73,052,404,962
$1.0000
Bermuda Flag

Bermuda

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

2 - Strong
The Bank of New York Mellon
Deloitte
8,885,632
$1,849,109,412,474
331,889,682
32,493,284
28 Addresses
USDe
Solana LogoEthereum Logo
$12,771,249,418
$0.9988
Derivatives - Short ETH PerpsCryptocurrencies - ETH

N/A

Non-Regulated

5 - Weak
25,169
$79,335,454,627
339,050
44,094
2 Addresses
USDS IconUSDSSky
USDS
Solana LogoPolygon LogoNEAR LogoEthereum Logo
$9,244,050,164
$0.9997
Structured Credit+ 4 More

N/A

Non-Regulated

4 - Constrained
607,229
$132,373,184,701
38,501,644
2,941,813
5 Addresses
BSC-USD
$4,288,576,434
$1.0008
754,557
$0
0
35,801,557
0x55d...197955
PYUSD
Solana LogoEthereum Logo
$2,545,150,794
$1.0006
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
79,672
$25,637,386,402
1,920,294
101,640
2 Addresses
USD1 IconUSD1BitGo
USD1
TRON LogoSolana LogoPlume LogoEthereum LogoBNB Chain LogoAptos Logo
$2,487,066,796
$0.9998

GENIUS Act

All reserve assets are held or maintained by BitGo Trust Company+ 6 More
Crowe LLP
82,275
$2,733,959,482
1,705,598
346,599
6 Addresses
USDtb IconUSDtbPallas Fund
USDtb
Solana LogoEthereum LogoBase LogoArbitrum Logo
$1,835,723,469
$1.0022
US Treasury Debt - BUIDL
British Virgin Islands Flag

British Virgin Islands

481
$1,490,623,199
5,386
502
4 Addresses
First Digital USD IconFirst Digital USDFD121 (BVI) Limited
FDUSD
Solana LogoEthereum LogoBNB Chain Logo
$1,129,947,426
$0.9963
Money Market - RRP+ 2 More
British Virgin Islands Flag

British Virgin Islands

Non-Regulated

4 - Constrained
First Digital Trust
Prescient Assurance LLC.
2,527
$780,528,384
44,522
64,203
3 Addresses
M IconMM0
M
Plume LogoEthereum Logo
$853,404,592
$1.0000

N/A

28
$1,914,709,560
1,110
67
2 Addresses
Ripple USD IconRipple USDStandard Custody & Trust Company
RLUSD
XRP Ledger LogoEthereum Logo
$840,098,614
$1.0005
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
4,611
$5,607,951,979
450,183
37,217
2 Addresses
Global Dollar IconGlobal DollarPaxos Digital Singapore
USDG
Solana LogoEthereum Logo
$758,553,920
$0.9999
US Treasury Debt+ 2 More
Singapore Flag

Singapore

12,379
$7,466,638,708
852,841
5,821
2 Addresses
USDD IconUSDDUSDD Protocol
USDD
$746,407,436
$1.0021
CryptocurrenciesStablecoins

Non-Regulated

Huobi Exchange
189
$2,833,088
2,368
135,184
USDai IconUSDaiUSDai Protocol
USDai
$569,580,847
$1.0222

Non-Regulated

7,644
$2,496,366,032
215,122
2,747
USD0
$557,162,990
$0.9991
Money Market - USYC
France Flag

France

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

1,954
$304,472,532
13,765
11,293
GHO IconGHOAave
GHO
$349,055,052
$1.0000
US Treasury Debt - TokenizedCryptocurrencies

N/A

Non-Regulated

BNY Mellon Pershing
3,265
$4,301,983,609
53,646
6,939
BSC-BUSD
$310,571,161
$1.0005
5,353
$0
0
6,175,433
0xe9e...087d56
USR IconUSRResolv
USR
Ethereum LogoBase LogoBNB Chain LogoArbitrum Logo
$302,441,367
$1.0005
British Virgin Islands Flag

British Virgin Islands

Non-Regulated

4,368
$1,104,442,120
33,399
11,581
4 Addresses
FRAX IconFRAXFrax Finance
FRAX
NEAR LogoEthereum Logo
$300,966,128
$0.9980
Money Market - Fund+ 4 More

N/A

Non-Regulated

5 - Weak
Lead Bank
908
$300,247,350
33,256
17,321
2 Addresses
EURC IconEURCCircle
EURC
Stellar LogoSolana LogoEthereum LogoBase LogoAvalanche Logo
$298,182,644
$1.1512
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
46,307
$2,754,938,678
1,222,027
55,804
5 Addresses
OpenEden OpenDollar IconOpenEden OpenDollarOpenEden Digital
USDO
Ethereum LogoBase Logo
$222,503,668
$0.9938
Bermuda Flag

Bermuda

Bermuda Digital Assets Issuance Act

BMA - Bermuda Monetary Authority

Agio iconAgio
471
$114,855,243
2,748
247
2 Addresses
deUSD
Plume LogoEthereum LogoAvalanche Logo
$164,957,835
$1.0007
Stablecoins - sDAI+ 3 More
British Virgin Islands Flag

British Virgin Islands

Ceffu Copper Clearloop
1,446
$461,155,271
21,850
6,858
4 Addresses
AUSD IconAUSDAgora
AUSD
Solana LogoPolygon LogoMantle LogoEthereum LogoAvalanche Logo
$142,235,601
$0.9995
Bank Deposits - USD+ 2 More
British Virgin Islands Flag

British Virgin Islands

State Street
22,567
$1,704,587,029
652,022
56,912
5 Addresses
Avant USD IconAvant USDAvant Technology Foundation
avUSD
$121,612,689
$0.9976
524
$298,725,618
29,816
916
USDz
Manta Pacific LogoEthereum LogoBlast LogoBase Logo
$114,617,294
$0.9860
Private Credit - sPCT
British Virgin Islands Flag

British Virgin Islands

Non-Regulated

32
$2,901,401
136
1,222
4 Addresses
USDP
Solana LogoEthereum Logo
$63,233,286
$0.9995
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
4,777
$129,832,223
64,853
273,681
2 Addresses
BUSD
$54,899,607
$0.9977
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
997
$6,523,690
5,140
125,127
Quantoz USDQ IconQuantoz USDQQuantoz Payments
USDQ
$50,961,453
$0.9992
Netherlands Flag

Netherlands

146
$5,282,080
2,066
230
EUR CoinVertible IconEUR CoinVertibleSociete Generale
EURCV
$50,704,645
$1.1447
Bank Deposits - EUR
France Flag

France

France Digital Asset Service Provider (DASP) under PACTE Law

AMF - French Autorité des Marchés Financiers

3 - Adequate
185
$141,597,665
2,181
124
Anchored Coins EUR IconAnchored Coins EURAnchored Coins
AEUR
Ethereum LogoBNB Chain Logo
$50,563,154
$1.0662
Switzerland Flag

Switzerland

4
$6,753
7
163
2 Addresses
Ondo U.S. Dollar Token IconOndo U.S. Dollar TokenOndo Global Markets
USDon
$44,715,017
$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
38,220
$281,756,672
253,397
7,718
Plume USD IconPlume USDNucleus
pUSD
$41,834,802
$0.9858
47,030
$1,383,935,171
2,445,409
86,505
Synthetix sUSD IconSynthetix sUSDSynthentix Protocol Governed by Synthetix DAO
sUSD
$41,140,486
$0.9966
Cryptocurrencies - SNX

N/A

Non-Regulated

679
$54,889,330
11,693
19,924
Liquity LUSD IconLiquity LUSDLiquity Protocol
LUSD
$38,722,543
$1.0008
Cryptocurrencies - ETH

N/A

Non-Regulated

596
$26,641,863
3,786
12,180
AGEUR
$19,275,700
$1.1310
Corporate Bonds+ 2 More

N/A

Non-Regulated

WithumSmith+Brown
207
$16,057,182
4,893
2,954
Mountain USD IconMountain USDMountain Protocol
USDM
ZKsync Era LogoPolygon LogoOptimism LogoEthereum LogoBase LogoAvalanche LogoArbitrum Logo
$18,346,290
$1.0688
Public Equity - Treasury ETF+ 4 More
Bermuda Flag

Bermuda

Bermuda Digital Assets Issuance Act

BMA - Bermuda Monetary Authority

3 - Adequate
Nephos Group
158
$81,384
550
9,337
7 Addresses
XSGD
Polygon LogoHedera Hashgraph LogoEthereum LogoAvalanche Logo
$17,932,054
$0.7701
Bermuda Flag

Bermuda

Singapore Payment Services Act

MAS - Monetary Authority of Singapore

KK Yap & Associates
614
$14,654,130
8,661
8,245
4 Addresses
Quantoz EURQ IconQuantoz EURQQuantoz Payments
EURQ
$17,191,816
$1.1461
Netherlands Flag

Netherlands

81
$1,059,646
537
206
GUSD
$13,188,680
$1.0013
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
530
$86,040,910
3,032
21,582
Bean IconBeanBeanstalk Protocol Governed by Beanstalk DAO
BEAN
$13,060,648
$0.3909
Cryptocurrencies - "Pods" Beanstalk Debt

Non-Regulated

8
$262
14
234
BBRL IconBBRLBraza Bank
BBRL
$11,710,589
$0.1838
Brazil Flag

Brazil

Brazilian Virtual Assets Law

BCB - Banco Central do Braasil

18
$631,298,779
9,945
1,408
EURS
XDC LogoStellar LogoPolygon LogoEthereum Logo
$10,460,345
$1.1648
Malta Flag

Malta

Malta Virtual Financial Assets (VFA) Framework

MFSA - Malta Financial Services Authority

EXT LTD+ 2 More
BDO Malta
225
$8,060,635
1,997
6,123
4 Addresses
reUSD IconreUSDResilience BVI Ltd.
reUSD
Ethereum LogoBase LogoAvalanche LogoArbitrum Logo
$9,684,736
$1.0338
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
78
$19,181,839
311
21
4 Addresses
Tether EURt IconTether EURtTether Holdings
EURT
$9,491,973
$1.1717
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
296
$4,643,283
1,356
2,192
USP
$7,994,058
$0.9956
Republic of the Marshall Islands Flag

Republic of the Marshall Islands

Non-Regulated

62
$10,169,295
834
48
AUDD
XRP Ledger LogoXDC LogoStellar LogoSolana LogoHedera Hashgraph LogoEthereum LogoBase Logo
$7,072,629
$0.6448
Australia Flag

Australia

Australian Digital Currency Exchange

AUSTRAC - Australian Transaction Reports and Analysis Centre

William Buck Australia
201
$6,703,105
3,439
762
7 Addresses
GMO JPY IconGMO JPYGMO Trust
GYEN
Stellar LogoSolana LogoEthereum Logo
$6,713,768
$0.0062
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
184
$336,521
982
11,666
3 Addresses
EURØP IconEURØPSchuman Financial
EUROP
XRP Ledger LogoPolygon LogoEthereum LogoAvalanche Logo
$4,137,634
$1.1583
Switzerland Flag

Switzerland

KPMG
79
$14,130,620
4,608
137
4 Addresses
RupiahToken IconRupiahTokenPT Rupiah Token Indonesia
IDRT
Polygon LogoEthereum LogoBNB Chain Logo
$3,435,219
$0
Bank Deposits - IDR
Indonesia Flag

Indonesia

Johannes Jura & Rekan
118
$19,705
326
11,376
3 Addresses
Tether CNHt IconTether CNHtTether Holdings
CNHT
TRON LogoEthereum Logo
$2,778,220
$0.1355
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
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
23
$85,587,588
756
103
3 Addresses
Origin Dollar IconOrigin DollarOrigin Protocol
OUSD
$2,577,496
$0.9990

Non-Regulated

120
$5,185,880
4,433
2,205
BRZ
$2,498,143
$0.1784
Bank Deposits - BRL+ 3 More
Switzerland Flag

Switzerland

Transfero Gestão de Ativos Digitais+ 2 More
Carvalho, Machado E Timm Advogados
3
$6,115
10
290
BRLA
$2,002,402
$0.1782
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
$1,687,429
$0.0516
Mexico Flag

Mexico

BDO
151
$4,798,588
6,241
316
3 Addresses
Fathom Dollar IconFathom DollarFathom DAO
FXD
$1,374,881
$0.7092
Cryptocurrencies - XDC

N/A

Non-Regulated

62
$1,577,085
12,041
751
Z.com USD IconZ.com USDGMO Trust
ZUSD
Stellar LogoSolana LogoEthereum Logo
$1,055,841
$0.9128
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
21
$1,721
49
667
3 Addresses
Tether MXNt IconTether MXNtTether Holdings
MXNT
$924,200
$0.0462
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
VCHF
Stellar LogoSolana LogoPolygon LogoEthereum LogoBase LogoAvalanche LogoArbitrum Logo
$687,154
$1.2441
Liechtenstein Flag

Liechtenstein

Liechtenstein Blockchain Act

FMA - Liechtenstein Financial Market Authority

Philoro Edelmetallhandel AG
AREVA AG
11
$271,538
33
62
7 Addresses
Alloy USDT IconAlloy USDTTether Holdings
aUSDT
$580,717
$1.0009
Commodities - XAUT
British Virgin Islands Flag

British Virgin Islands

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

Swiss Custodian (undisclosed)
BDO Italia
17
$110,783
37
38
Synthetix sEUR IconSynthetix sEURSynthentix Protocol Governed by Synthetix DAO
sEUR
$563,469
$0.5663
Cryptocurrencies - SNX

N/A

Non-Regulated

16
$80,364
190
801
USDGLO
$551,819
$1.0399
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
12
$21,060
16
154
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
34
$794
19
1,598
2 Addresses
mZAR IconmZARMesh
mZAR
$242,603
$0.0571
Netherlands Flag

Netherlands

$0
0
403
Open Money USD IconOpen Money USDOpen Money DAO
omUSD
$112,724
$0.9992
6
$40
8
65
XIDR
$111,974
$0
Bank Deposits - IDR
Bermuda Flag

Bermuda

Singapore Payment Services Act

MAS - Monetary Authority of Singapore

KK Yap & Associates
1
$0
0
196
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
3
$174
3
147
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

4
$293
6
259