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

$157.22B

0.62%from 30d ago

% of M2 Money Supply

0.75%

0.62%from 30d ago

Monthly Transfer Volume

$2.55T

+17.42%from 30d ago

Monthly Active Addresses

14.50M

+3.16%from 30d ago

Holders

81.46M

+4.62%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 by Network

as of 06/18/2024

Top Entities

Rank
Issuer
Market Cap
30D%
1
Tether Logo

Tether

$113,476.41M
0.45%
2
Circle Logo

Circle

$29,670.28M
4.48%
3
MakerDAO Logo

MakerDAO

$5,093.82M
0.74%
4
Ethena Logo

Ethena

$3,526.49M
43.85%
5
First Digital Labs Logo

First Digital Labs

$2,482.08M
30.98%
6
USDD Protocol Logo

USDD Protocol

$724.22M
0.14%
7
Frax Finance Logo

Frax Finance

$647.78M
0.11%
8
Paxos Logo

Paxos

$604.62M
1.74%
9
Binance Logo

Binance

$418.21M
0.80%
10
Gemini Logo

Gemini

$127.32M
35.74%

Stablecoin Payment Corridors

View cross-border stablecoin payment corridors between different countries.

Get Access to Payment Corridor Metrics

as of 06/18/2024

Stablecoins

38 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
$USDT
TRON LogoSolana LogoEthereum LogoAvalanche Logo
$113,430,358,359
$0.9999

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
11,569,047
$632,172,747,243
87,553,523
62,527,668
4 Addresses
USDC IconUSDCCircle
$USDC
TRON LogoStellar LogoSolana LogoPolygon LogoOptimism LogoNoble LogoEthereum LogoBinance Smart Chain LogoBase LogoAvalanche LogoArbitrum Logo
$29,643,898,582
$0.9998

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
2,719,927
$1,875,081,743,010
115,816,005
11,846,567
11 Addresses
DAI IconDAIMakerDAO
$DAI
Ethereum Logo

Ethereum

$5,093,815,206
$0.9990

US Dollar

Structured Credit+ 4 More

Non-Regulated

4 - Constrained
25,683
$17,121,680,238
174,773
624,712
$USDe
Ethereum Logo

Ethereum

$3,526,486,711
$1.0007

US Dollar

Derivatives - Short ETH PerpsCryptocurrencies - ETH

Non-Regulated

9,872
$8,978,696,288
60,543
17,026
First Digital USD IconFirst Digital USDFirst Digital Labs
$FDUSD
Ethereum LogoBinance Smart Chain Logo
$2,482,079,725
$0.9996

US Dollar

Money Market - RRP+ 2 More
Hong Kong Flag

Hong Kong

Non-Regulated

4 - Constrained
First Digital Trust
Prescient Assurance LLC.
88,771
$12,444,789,430
245,005
42,930
2 Addresses
USDD IconUSDDUSDD Protocol
$USDD
TRON Logo

TRON

$724,217,939
$0.9953

US Dollar

CryptocurrenciesStablecoins

Non-Regulated

Huobi Exchange
1,810
$17,490,702
11,192
133,086
FRAX IconFRAXFrax Finance
$FRAX
Ethereum Logo

Ethereum

$647,777,280
$0.9982

US Dollar

Money Market - Fund+ 4 More

Non-Regulated

5 - Weak
Lead Bank
1,049
$2,129,132,063
14,679
12,541
$BSC-BUSD
Binance Smart Chain Logo

Binance Smart Chain

$418,211,564
80,152
$676,414,121
3,500,966
5,882,826
$PYUSD
Ethereum Logo

Ethereum

$398,939,495

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
231
$98,282,890
4,910
10,523
$USDP
Ethereum Logo

Ethereum

$136,409,348
$1.0003

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
690
$168,621,931
2,888
118,530
$GUSD
Ethereum Logo

Ethereum

$127,320,348
$1.0010

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
1,106
$1,214,326,423
4,718
23,539
GHO IconGHOAave
$GHO
Ethereum Logo

Ethereum

$88,098,492
$1.0003

US Dollar

US Treasury Debt - TokenizedCryptocurrencies

Non-Regulated

BNY Mellon Pershing
868
$236,428,944
4,953
1,804
Liquity IconLiquityLiquity Protocol
$LUSD
Ethereum Logo

Ethereum

$83,768,409
$1.0000

US Dollar

Cryptocurrencies - ETH

Non-Regulated

787
$135,900,391
4,249
11,837
$BUSD
Ethereum Logo

Ethereum

$69,272,606
$0.9854

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
1,049
$3,172,781
2,669
148,717
Bean IconBeanBeanstalk Protocol Governed by Beanstalk DAO
$BEAN
Ethereum Logo

Ethereum

$46,903,308
$0.9025

US Dollar

Cryptocurrencies - "Pods" Beanstalk Debt

Non-Regulated

219
$9,166,526
2,428
274
$EURS
Ethereum Logo

Ethereum

$46,454,448
$1.0753

Euro

Bank Deposits - EUR
Malta Flag

Malta

Malta Virtual Financial Assets (VFA) Framework

MFSA - Malta Financial Services Authority

EXT LTD+ 2 More
BDO Malta
123
$17,867,710
557
5,885
$EURT
Ethereum Logo

Ethereum

$37,700,508
$1.0503

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
291
$71,511,656
2,742
1,496
Mountain USD IconMountain USDMountain Protocol
4.94%
$USDM
Polygon LogoEthereum Logo
$36,542,653
$0.9967

US Dollar

Public Equity - Treasury ETF+ 4 More
Bermuda Flag

Bermuda

Bermuda Digital Assets Issuance Act

BMA - Bermuda Monetary Authority

3 - Adequate
Nephos Group
155
$72,514,262
1,318
285
2 Addresses
Synthetix sUSD IconSynthetix sUSDSynthentix Protocol Governed by Synthetix DAO
$sUSD
Ethereum Logo

Ethereum

$29,620,604
$1.0003

US Dollar

Cryptocurrencies - SNX

Non-Regulated

355
$90,258,951
2,599
18,442
EURC IconEURCCircle
$EURC
Ethereum LogoAvalanche Logo
$26,379,842
$1.0618

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
399
$25,861,785
2,227
3,417
2 Addresses
$AGEUR
Ethereum Logo

Ethereum

$23,251,788
$1.0617

Euro

Corporate Bonds+ 2 More

Non-Regulated

WithumSmith+Brown
147
$17,184,310
2,001
2,923
$TRYB
Ethereum Logo

Ethereum

$23,141,443
$0.0296

Turkish Lira

Bank Deposits - TRY
Turkey Flag

Turkey

Non-Regulated

BiLira Teknoloji A.Ş.
Corpus Denetim ve Yeminili Mali Musavirlik AS
37
$131,128,262
327
917
Z.com USD IconZ.com USDGMO Trust
$ZUSD
Stellar LogoEthereum Logo
$18,754,061
$0.9970

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
30
$747,304
52
691
2 Addresses
$XSGD
Ethereum Logo

Ethereum

$14,829,928
$0.7401

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
322
$23,196,733
1,417
2,888
GMO JPY IconGMO JPYGMO Trust
$GYEN
Stellar LogoEthereum Logo
$13,173,006
$0.0062

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
$8,969,617
334
10,663
2 Addresses
EUR CoinVertible IconEUR CoinVertibleSociete Generale
$EURCV
Ethereum Logo

Ethereum

$11,953,933
$1.0726

Euro

Bank Deposits - EUR
France Flag

France

France Digital Asset Service Provider (DASP) under PACTE Law

AMF - French Autorité des Marchés Financiers

1
$0
0
8
$CNHT
TRON LogoEthereum Logo
$6,289,403
$0.1398

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
2
$0
0
54
2 Addresses
RupiahToken IconRupiahTokenPT Rupiah Token Indonesia
$IDRT
Polygon LogoEthereum LogoBinance Smart Chain Logo
$5,224,498
$0

Indonesian Rupiah

Bank Deposits - IDR
Indonesia Flag

Indonesia

Johannes Jura & Rekan
64
$11,275,432
211
10,441
3 Addresses
Forte AUD IconForte AUDForte Securities Australia Pty Limited
$AUDF
Polygon LogoEthereum LogoAvalanche Logo
$2,684,227
$0.6603

Australian Dollar

Bank Deposits - AUD
Australia Flag

Australia

Australian Financial Services License

ASIC - Australian Securities & Investments Commission

MVA Bennett
9
$71,393,398
121
14
3 Addresses
$BRZ
Ethereum Logo

Ethereum

$2,575,949
$0.1830

Brazilian Real

Bank Deposits - BRL+ 3 More
Switzerland Flag

Switzerland

Transfero Gestão de Ativos Digitais+ 2 More
Carvalho, Machado E Timm Advogados
18
$1,103,791
84
120
$MXNT
Ethereum Logo

Ethereum

$2,057,692
$0.0540

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
1
$0
0
1
$AUDD
Stellar LogoEthereum Logo
$1,615,727
$0.6561

Australian Dollar

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

Australia

Australian Digital Currency Exchange

AUSTRAC - Australian Transaction Reports and Analysis Centre

William Buck Australia
20
$3,662,961
67
449
2 Addresses
Synthetix sEUR IconSynthetix sEURSynthentix Protocol Governed by Synthetix DAO
$sEUR
Ethereum Logo

Ethereum

$1,049,070
$1.0625

Euro

Cryptocurrencies - SNX

Non-Regulated

12
$44,280
30
778
$USDGLO
Ethereum Logo

Ethereum

$1,044,398
$0.9985

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
8
$1,405,967
17
104
Verified USD IconVerified USDVerified USD
$USDV
Ethereum Logo

Ethereum

$929,152
$0.9985

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)
50
$7,986,470
431
340
EUROe IconEUROeMembrane Finance
$EUROe
Ethereum Logo

Ethereum

$847,422
$1.0598

Euro

Bank Deposits - EUR
Finland Flag

Finland

Finland Electronic Money Institution (EMI)

FSA - Finish Financial Supervisory Authority

Bank Frick
KPMG
20
$321,633
92
145
$XIDR
Ethereum Logo

Ethereum

$311,503
$0

Indonesian Rupiah

Bank Deposits - IDR
Bermuda Flag

Bermuda

Singapore Payment Services Act

MAS - Monetary Authority of Singapore

KK Yap & Associates
6
$59,759
9
202
$VCHF
Ethereum Logo

Ethereum

$91,704
$1.1269

Swiss Franc

Commodities - Gold
Liechtenstein Flag

Liechtenstein

Liechtenstein Blockchain Act

FMA - Liechtenstein Financial Market Authority

Philoro Edelmetallhandel AG
AREVA AG
15
$78,596
60
33

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