The top Fiat-backed Stablecoin projects, ranked by prominence — TVL, market cap, funding, and on-chain activity.

BOB
Bitcoin's EVM L2, secured by PoW

Frax
The first fractional-algorithmic stablecoin

USDD
Decentralized stablecoin pegged to USD on TRON

Gemini
First regulated U.S. dollar stablecoin

Gemini
First regulated U.S. dollar stablecoin

First Digital
Crypto financial institution

Tether
The leading stablecoin for digital payments

Tether
The leading stablecoin for digital payments

Tether
The leading stablecoin for digital payments

TrueUSD
First audited stablecoin with live attestations

defi.money
defunctStablecoin with automated loan protection across L2s

PayPal
PayPal USD: 100% U.S. dollar backed stablecoin

PayPal
PayPal USD: 100% U.S. dollar backed stablecoin

STASIS
The euro stablecoin for the digital economy

Ethena USDe
Delta-hedged synthetic dollar with native yield

MetaMask
The leading self-custodial web3 wallet

Cygnus
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USAT
Stablecoin developed by Tether

IDRX
Decentralized stablecoin protocol

crvUSD

Glo Dollar
Stablecoin Protocol

Frax USD

JPY Coin

JPY Coin

TerraClassicUSD

Origin Dollar

Monerium
Authorised and regulated electronic money

Frax Staked frxUSD

Vai

Ripple USD

Liquity USD

mStable USD

Dai

USDS

Silk

Mento Dollar

DOLA

Chain-key USDT

Monerium GBP emoney

dForce USD

Curve.fi FRAX/USDC

f(x) Protocol fxUSD

MAI

Pax Dollar

Sperax USD

Move Dollar

Djed

XSGD

BUSD
