Asset Classes
Latest
Participants
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
$227.23B
▲+0.11%from 30d ago
Monthly Transfer Volume
$2.10T
▼1.49%from 30d ago
Monthly Active Addresses
25.17M
▼7.1%from 30d ago
Holders
158.88M
▲+2.85%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 04/22/2025
Top Entities
# | Issuer | RWA Count | Market Cap | 30D% | Market Share |
|---|---|---|---|---|---|
1 |  Tether Holdings | 18 | $143,781.38M | ▲0.74% | 63.27% ▲ |
2 |  Circle | 27 | $59,369.13M | ▲1.72% | 26.13% ▲ |
3 |  Sky | 4 | $7,151.30M | ▼8.84% | 3.15% ▼ |
4 |  Ethena | 2 | $4,830.23M | ▼10.48% | 2.13% ▼ |
5 |  Binance | 2 | $4,602.87M | ▼0.06% | 2.03% ▼ |
6 |  First Digital Labs | 3 | $1,578.51M | ▼31.58% | 0.69% ▼ |
7 |  Pallas Fund | 4 | $1,437.59M | ▲21.60% | 0.63% ▲ |
8 |  Paxos | 5 | $1,002.24M | ▲1.21% | 0.44% ▲ |
9 |  USDD Protocol | 1 | $743.50M | ▲0.27% | 0.33% ▲ |
10 | Usual | 1 | $675.31M | ▼29.20% | 0.30% ▼ |
Stablecoin Payment Corridors
View cross-border stablecoin payment corridors between different countries.
Get Access to Payment Corridor Metrics
as of 04/22/2025
Stablecoins
53 TotalExpand rows to view different networks supported by each stablecoin product.
📣 We now support asset reserves data for stablecoins. Learn more here.
Expand rows to view different networks supported by each stablecoin product.
Network
Pegged Asset
Is Yield Bearing?
Name | Ticker | Networks | Market Cap | Price | Pegged Currency | Underlying Assets Login to Unlock | Domicile Login to Unlock | License or Regulatory Framework Login to Unlock | S&P Stability Assessment Login to Unlock | Rating by Bluechip | Account Segregation Login to Unlock | Bankruptcy Remote Login to Unlock | Custodians Login to Unlock | Auditor Login to Unlock | Transparency Login to Unlock | Monthly Active Addresses Login to Unlock | Monthly Transfer Volume Login to Unlock | Monthly Transfer Count Login to Unlock | Holders Login to Unlock | Contract Address Login to Unlock |
|---|
Name | Ticker | Networks | Market Cap | Price | Pegged Currency | Underlying Assets Login to Unlock | Domicile Login to Unlock | License or Regulatory Framework Login to Unlock | S&P Stability Assessment Login to Unlock | Rating by Bluechip | Account Segregation Login to Unlock | Bankruptcy Remote Login to Unlock | Custodians Login to Unlock | Auditor Login to Unlock | Transparency Login to Unlock | Monthly Active Addresses Login to Unlock | Monthly Transfer Volume Login to Unlock | Monthly Transfer Count Login to Unlock | Holders Login to Unlock | Contract Address Login to Unlock |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Tether USDtTether Holdings | USDT |          | $143,743,883,132 ▲ | $1.0000 ▲ | US Dollar | Money Market - Fund+ 6 More |  British Virgin Islands | U.S. Money Services Business FinCEN - Financial Crimes Enforcement Network | 4 - Constrained | Cantor Fitzgerald+ 6 More | BDO Italia | 12,732,040 ▲ | $877,032,593,566 ▼ | 192,905,477 ▲ | 96,630,985 ▲ | 13 Addresses | ||||
 USDCCircle | USDC |        | $59,099,794,647 ▲ | $0.9999 ▲ | US Dollar | Money Market - Fund+ 3 More |  United States of America | U.S. Money Services Business FinCEN - Financial Crimes Enforcement Network | 2 - Strong | The Bank of New York Mellon | Deloitte | 4,975,364 ▼ | $857,813,049,542 ▲ | 212,568,175 ▲ | 22,830,601 ▲ | 22 Addresses | ||||
| USDSSky | USDS | | $7,151,298,399 ▼ | $1.0001 ▲ | US Dollar | Structured Credit+ 4 More | N/A | Non-Regulated | 4 - Constrained | — | — | — | 52,289 ▼ | $251,253,559,979 ▲ | 3,316,227 ▼ | 665,769 ▲ | 4 Addresses | |||
 Ethena USDeEthena | USDe | | $4,830,225,360 ▼ | $0.9995 ▼ | US Dollar | Derivatives - Short ETH PerpsCryptocurrencies - ETH | N/A | Non-Regulated | — | — | — | — | — | — | — | 17,558 ▼ | $13,333,237,313 ▲ | 273,739 ▲ | 31,826 ▲ | 2 Addresses |
 Binance-Peg USDBinance | BSC-USD | $4,281,439,546 ▼ | $0.9992 ▼ | US Dollar | — | — | — | — | — | — | — | — | — | — | 7,217,510 ▼ | $68,716,959,255 ▼ | 60,323,225 ▼ | 31,576,409 ▲ | ||
 First Digital USDFirst Digital Labs | FDUSD | | $1,578,508,179 ▼ | $0.9983 ▼ | US Dollar | Money Market - RRP+ 2 More |  Hong Kong | Non-Regulated | 4 - Constrained | First Digital Trust | Prescient Assurance LLC. | 12,512 ▲ | $10,885,674,805 ▲ | 744,164 ▲ | 54,891 ▲ | 3 Addresses | ||||
 USDtbPallas Fund | USDtb | | $1,437,589,239 ▲ | $1.0003 ▲ | US Dollar | US Treasury Debt - BUIDL | British Virgin Islands | — | — | — | — | — | — | — | 45 ▼ | $174,916,749 ▲ | 252 ▲ | 87 ▲ | 4 Addresses | |
 Paypal USDPaxos | PYUSD | | $868,200,792 ▲ | $0.9999 ▼ | US Dollar | Money Market - RRP+ 2 More | 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 | 43,056 ▲ | $4,573,381,269 ▲ | 1,322,961 ▲ | 60,898 ▲ | 2 Addresses | ||||
 USDDUSDD Protocol | USDD | $743,503,882 ▲ | $1.0001 ▼ | US Dollar | CryptocurrenciesStablecoins | — | Non-Regulated | — | Huobi Exchange | — | 675 ▼ | $288,984,580 ▼ | 12,613 ▼ | 135,102 ▲ | ||||||
 Usual USDUsual | USD0 | $675,309,260 ▼ | $0.9980 ▼ | US Dollar | Money Market - USYC |  France | U.S. Money Services Business FinCEN - Financial Crimes Enforcement Network | — | — | — | — | 4,632 ▲ | $2,126,485,921 ▼ | 49,637 ▼ | 13,828 ▼ | |||||
 FRAXFrax Finance | FRAX | | $325,288,377 ▼ | $1.0000 ▲ | US Dollar | Money Market - Fund+ 4 More | N/A | Non-Regulated | 5 - Weak | — | Lead Bank | — | 1,337 ▲ | $494,596,961 ▼ | 34,918 ▼ | 16,806 ▲ | 2 Addresses | |||
 Binance-Peg BUSDBinance | BSC-BUSD | $321,431,809 ▼ | $1.0001 ▼ | US Dollar | — | — | — | — | — | — | — | — | — | — | 40,231 ▼ | $213,738,484 ▼ | 2,072,730 ▼ | 6,231,844 ▲ | ||
 Ripple USDStandard Custody & Trust Company | RLUSD |  | $293,671,341 ▲ | $0.9999 ▲ | US Dollar | — | United States of America | New York State, U.S. Virtual Currency Business NYDFS - New York State Department of Financial Services | — | — | — | BPM LLP | 2,475 ▼ | $877,776,163 ▲ | 191,479 ▼ | 31,141 ▲ | 2 Addresses | |||
 EURCCircle | EURC | | $269,338,192 ▲ | $1.1441 ▲ | Euro | Bank Deposits - EUR | United States of America | U.S. Money Services Business FinCEN - Financial Crimes Enforcement Network | — | — | The Bank of New York Mellon | Deloitte | 27,999 ▲ | $2,657,345,660 ▲ | 1,597,297 ▲ | 52,832 ▲ | 5 Addresses | |||
 Global DollarPaxos Digital Singapore | USDG | | $233,333,705 ▲ | $0.9999 ▲ | US Dollar | US Treasury Debt+ 2 More |  Singapore | — | — | — | — | — | — | — | 1,895 ▲ | $616,613,282 ▲ | 194,312 ▲ | 585 ▲ | 2 Addresses | |
 GHOAave | GHO | $220,398,283 ▲ | $0.9998 ▲ | US Dollar | US Treasury Debt - TokenizedCryptocurrencies | N/A | Non-Regulated | — | BNY Mellon Pershing | — | — | 5,836 ▲ | $1,660,152,570 ▲ | 52,553 ▲ | 4,468 ▲ | |||||
 Elixir deUSDElixir | deUSD | | $199,953,254 ▼ | $0.9995 ▼ | US Dollar | Stablecoins - sDAI+ 3 More | British Virgin Islands | — | — | — | Ceffu Copper Clearloop | — | — | 5,370 ▼ | $652,081,273 ▼ | 36,509 ▼ | 4,858 ▲ | 3 Addresses | ||
 MM0 | M | $180,729,293 ▲ | $1.0000 △ | US Dollar | — | N/A | — | — | — | — | — | — | — | — | 15 ▼ | $139,067,052 ▼ | 199 ▼ | 41 ▲ | ||
 Anzen USDzAnzen | USDz |   | $121,511,872 ▼ | $0.9569 ▼ | US Dollar | Private Credit - sPCT | British Virgin Islands | Non-Regulated | — | — | — | — | — | 88 ▲ | $11,777,583 ▼ | 353 ▲ | 1,112 ▲ | 4 Addresses | ||
 AUSDAgora | AUSD |  | $81,668,386 ▲ | $0.9993 ▼ | US Dollar | Bank Deposits - USD+ 2 More | British Virgin Islands | — | — | — | State Street | — | — | 7,075 ▼ | $988,978,399 ▲ | 390,716 ▲ | 38,690 ▲ | 4 Addresses | ||
 Lift DollarPaxos Issuance MENA Ltd | USDL | $76,637,116 ▲ | $1.0002 ▼ | US Dollar | Money Market - Fund+ 3 More |  United Arab Emirates | Abu Dhabi Global Market FSRA - Financial Services Regulatory Authority | — | — | — | Crowe Mak | 242 ▲ | $269,268,356 ▼ | 1,049 ▲ | 164 ▲ | |||||
 Pax DollarPaxos | USDP | | $76,301,150 ▼ | $1.0004 ▲ | US Dollar | US Treasury Debt+ 2 More | 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 | 17,415 ▼ | $158,703,878 ▲ | 96,874 ▼ | 244,016 ▲ | 2 Addresses | ||||
 Anchored Coins EURAnchored Coins | AEUR | | $58,971,849 ▲ | $1.0437 ▲ | Euro | — |  Switzerland | — | — | — | — | — | — | — | — | 10 ▲ | $3,376 ▼ | 12 ▲ | 154 ▲ | 2 Addresses |
 Binance USDPaxos | BUSD | $57,738,032 ▲ | $0.9991 ▲ | US Dollar | US Treasury Debt+ 2 More | 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 | 1,234 ▲ | $5,386,059 ▼ | 4,193 ▲ | 150,523 ▼ | |||||
 Mountain USDMountain Protocol | USDM | | $49,185,033 ▼ | $0.9980 ▼ | US Dollar | Public Equity - Treasury ETF+ 4 More |  Bermuda | Bermuda Digital Assets Issuance Act BMA - Bermuda Monetary Authority | 3 - Adequate | — | Nephos Group | 2,421 ▼ | $63,506,679 ▼ | 50,238 ▲ | 9,508 ▲ | 7 Addresses | ||||
 EUR CoinVertibleSociete Generale | EURCV | $47,286,692 ▲ | $1.1393 ▲ | Euro | Bank Deposits - EUR | France | France Digital Asset Service Provider (DASP) under PACTE Law AMF - French Autorité des Marchés Financiers | — | — | — | — | 16 ▲ | $1,934,838 ▲ | 105 ▲ | 43 ▼ | |||||
 Liquity LUSDLiquity Protocol | LUSD | $44,071,162 ▼ | $1.0031 ▲ | US Dollar | Cryptocurrencies - ETH | N/A | Non-Regulated | — | — | — | 639 ▼ | $48,294,256 ▼ | 7,154 ▲ | 11,761 ▲ | ||||||
 Tether EURtTether Holdings | EURT | $33,266,014 ▲ | $1.1303 ▲ | Euro | Money Market - Fund+ 6 More | British Virgin Islands | U.S. Money Services Business FinCEN - Financial Crimes Enforcement Network | — | Deltec Bank & Trust (Bahamas)+ 4 More | BDO Italia | 322 ▲ | $8,375,975 ▲ | 2,347 ▲ | 1,917 ▲ | ||||||
 Angle EuroAngle | AGEUR | $21,098,740 ▲ | $1.1433 ▲ | Euro | Corporate Bonds+ 2 More | N/A | Non-Regulated | — | — | — | WithumSmith+Brown | 282 ▲ | $75,863,618 ▲ | 9,759 ▲ | 2,927 ▼ | |||||
 Synthetix sUSDSynthentix Protocol Governed by Synthetix DAO | sUSD | $20,065,749 ▼ | $0.7711 ▼ | US Dollar | Cryptocurrencies - SNX | N/A | Non-Regulated | — | — | — | — | — | — | 841 ▲ | $77,076,280 ▼ | 14,199 ▲ | 19,799 ▼ | |||
 StraitsX Singapore DollarXfers Pte Ltd | XSGD | | $15,526,044 ▲ | $0.7636 ▲ | Singapore Dollar | non-US Government Debt - Singaporean Treasury BillsBank Deposits - SGD | Bermuda | Singapore Payment Services Act MAS - Monetary Authority of Singapore | — | — | KK Yap & Associates | 386 ▼ | $45,811,366 ▼ | 11,276 ▼ | 3,635 ▲ | 2 Addresses | ||||
 Z.com USDGMO Trust | ZUSD | | $14,884,933 ▲ | $0.7869 ▲ | US Dollar | US Treasury DebtBank Deposits - USD | United States of America | New York State, U.S. Virtual Currency Business NYDFS - New York State Department of Financial Services | — | — | BankProv+ 2 More | — | 60 ▲ | $2,988 ▲ | 130 ▲ | 651 ▲ | 3 Addresses | |||
 BiLira Turkish LiraBiLira | TRYB | $14,321,310 ▲ | $0.0222 ▼ | Turkish Lira | Bank Deposits - TRY |  Turkey | Non-Regulated | — | — | — | BiLira Teknoloji A.Ş. | Corpus Denetim ve Yeminili Mali Musavirlik AS | 43 ▼ | $675,282,186 ▼ | 607 ▼ | 897 ▲ | ||||
 Stasis EuroStasis | EURS |  | $11,780,919 ▲ | $1.0902 ▲ | Euro | Bank Deposits - EUR |  Malta | Malta Virtual Financial Assets (VFA) Framework MFSA - Malta Financial Services Authority | — | — | — | — | EXT LTD+ 2 More | BDO Malta | 223 ▼ | $5,135,140 ▲ | 5,126 ▼ | 6,038 ▲ | 2 Addresses | |
 GMO JPYGMO Trust | GYEN | | $9,441,758 ▼ | $0.0065 ▼ | Japanese Yen | Bank Deposits - JPY | 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 | 438 ▲ | $1,995,754 ▲ | 1,091 ▲ | 11,027 ▼ | 3 Addresses | |||
 BeanBeanstalk Protocol Governed by Beanstalk DAO | BEAN | $6,403,262 ▼ | $0.1917 ▼ | US Dollar | Cryptocurrencies - "Pods" Beanstalk Debt | — | Non-Regulated | — | — | — | — | 3 ▲ | $25 ▲ | 6 ▲ | 238 △ | |||||
 RupiahTokenPT Rupiah Token Indonesia | IDRT | | $3,770,337 ▼ | $0 ▼ | Indonesian Rupiah | Bank Deposits - IDR |  Indonesia | — | — | — | — | — | — | Johannes Jura & Rekan | 141 ▼ | $388,899 ▼ | 575 ▼ | 11,065 ▲ | 3 Addresses | |
| Fathom DollarFathom DAO | FXD | $3,270,307 ▲ | $1.0003 ▼ | US Dollar | Cryptocurrencies - XDC | N/A | Non-Regulated | — | — | — | — | — | — | 98 ▼ | $2,118,572 ▼ | 23,186 ▼ | 725 ▲ | |||
 Tether CNHtTether Holdings | CNHT | | $2,798,980 ▼ | $0.1365 ▼ | Chinese Yuan | Money Market - Fund+ 6 More | British Virgin Islands | U.S. Money Services Business FinCEN - Financial Crimes Enforcement Network | — | — | Deltec Bank & Trust (Bahamas)+ 4 More | BDO Italia | 4 ▲ | $34 ▲ | 4 ▲ | 57 ▲ | 2 Addresses | |||
 Forte AUDForte Securities Australia Pty Limited | AUDF | | $2,647,030 ▲ | $0.6417 ▲ | Australian Dollar | Bank Deposits - AUD |  Australia | Australian Financial Services License ASIC - Australian Securities & Investments Commission | — | — | — | — | — | MVA Bennett | 46 ▲ | $298,015,691 ▲ | 4,075 ▲ | 91 ▲ | 3 Addresses | |
 Transfero: BRZTransfero | BRZ | $2,468,897 ▲ | $0.1763 ▲ | Brazilian Real | Bank Deposits - BRL+ 3 More | Switzerland | — | — | — | — | Transfero Gestão de Ativos Digitais+ 2 More | Carvalho, Machado E Timm Advogados | 27 ▼ | $103,828 ▼ | 67 ▼ | 271 ▲ | ||||
 Gemini DollarGemini | GUSD | $1,255,324 ▼ | $1.0004 ▲ | US Dollar | Money Market - Fund+ 2 More | 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 | 589 ▼ | $93,001,152 ▼ | 2,682 ▼ | 21,832 ▼ | ||||||
 Tether MXNtTether Holdings | MXNT | $1,114,203 ▲ | $0.0557 ▲ | Mexican Peso | Money Market - Fund+ 6 More | British Virgin Islands | U.S. Money Services Business FinCEN - Financial Crimes Enforcement Network | — | — | Deltec Bank & Trust (Bahamas)+ 4 More | BDO Italia | 1 △ | $14,335 △ | 2 △ | 4 △ | |||||
 Synthetix sEURSynthentix Protocol Governed by Synthetix DAO | sEUR | $781,110 ▲ | $0.7851 ▲ | Euro | Cryptocurrencies - SNX | N/A | Non-Regulated | — | — | — | — | — | — | — | 16 ▼ | $113,230 ▼ | 468 ▼ | 795 △ | ||
 Glo DollarBrale | USDGLO | $535,178 ▼ | $0.9998 ▼ | US Dollar | US Treasury DebtBank Deposits - USD | United States of America | U.S. Money Services Business FinCEN - Financial Crimes Enforcement Network | — | — | — | Abdo Solutions | 25 ▲ | $128,144 ▲ | 56 ▲ | 149 ▲ | |||||
 EUROeMembrane Finance | EUROe | | $318,007 ▲ | $1.1411 ▲ | Euro | Bank Deposits - EUR |  Finland | Finland Electronic Money Institution (EMI) FSA - Finish Financial Supervisory Authority | — | — | Bank Frick | KPMG | 122 ▼ | $190,876 ▼ | 4,003 ▼ | 1,595 ▲ | 2 Addresses | |||
 Alloy USDTTether Holdings | aUSDT | $316,623 ▼ | $0.9998 ▲ | US Dollar | Commodities - XAUT | British Virgin Islands | U.S. Money Services Business FinCEN - Financial Crimes Enforcement Network | — | — | — | Swiss Custodian (undisclosed) | BDO Italia | 8 ▼ | $7,038,972 ▲ | 21 ▼ | 33 ▼ | ||||
 Australian Digital DollarAUDC Pty Ltd | AUDD | | $255,031 ▲ | $0.6263 ▲ | Australian Dollar | non-US Government Debt - Australian Treasury NotesBank Deposits - AUD | Australia | Australian Digital Currency Exchange AUSTRAC - Australian Transaction Reports and Analysis Centre | — | — | — | — | — | William Buck Australia | 29 ▲ | $100,275 ▼ | 406 ▼ | 556 ▲ | 2 Addresses | |
 StraitsX Indonesian RupiahXfers Pte Ltd | XIDR | $115,269 ▼ | $0 ▼ | Indonesian Rupiah | Bank Deposits - IDR | Bermuda | Singapore Payment Services Act MAS - Monetary Authority of Singapore | — | — | — | — | KK Yap & Associates | — | 5 ▲ | $591 ▲ | 7 ▲ | 195 ▼ | |||
 Open Money USDOpen Money DAO | omUSD | $112,771 ▼ | $0.9996 ▲ | US Dollar | — | — | — | — | — | — | — | — | — | 28 ▼ | $839,478 ▲ | 49 ▼ | 67 ▼ | |||
 Verified USDVerified USD | USDV | $87,364 ▲ | $0.5870 ▲ | US Dollar | — | British Virgin Islands | Singapore Securities and Futures Act Section 275 Exemption MAS - Monetary Authority of Singapore | — | — | — | — | 26 △ | $5,889 ▲ | 59 ▲ | 258 ▲ | |||||
VCHF | $76,249 ▲ | $1.2230 ▲ | Swiss Franc | Commodities - Gold |  Liechtenstein | Liechtenstein Blockchain Act FMA - Liechtenstein Financial Market Authority | — | — | Philoro Edelmetallhandel AG | AREVA AG | 10 ▲ | $26,381 ▲ | 20 ▲ | 45 ▲ | ||||||
 PoundtokenBlackfridge SC Limited | 1GBP | $60,271 △ | $1.3172 △ | Great British Pound | Bank Deposits - GPT |  Isle of Man | Isle of Man Money Transmission Services License IMFSA - Isle of Man Financial Services Authority | — | — | — | Digivault | KPMG | 7 ▲ | $12,068 ▼ | 55 ▲ | 146 ▲ |
RWA.xyzAll Rights Reserved