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Involved

Tether

USDT
Founded
2014
Price
$1.000
Market Cap
$183.38 B
Starting with a whitepaper posted online in January 2012, J.R. Willett defined the possibility of building new currencies on the pinnacle of the Bitcoin Protocol. Willett assisted in implementing this concept in the cryptocurrency Mastercoin, which had a related Mastercoin Foundation (later renamed the Omni foundation) to promote the use of this new “2nd layer”. The Mastercoin ...
Involved

USD Coin

USDC
Founded
2018
Price
$1.000
Market Cap
$74.18 B
USD Coin (USDC) is a virtual-stable coin attached to the USA dollar. USD Coin is controlled by a consortium called Centre, founded via Circle and includes contributors from the cryptocurrency exchange Coinbase and Bitcoin mining organization Bitmain, an investor in Circle. USDC is issued by a private entity and should not be confused with a central bank digital currency (CBDC). Circle claims that ...

USDS

USDS
Founded
2024
Price
$1.000
Market Cap
$9.75 B
What Is USDS? USDS is a decentralized, U.S. dollar-pegged stablecoin issued by the Sky Protocol, the rebranded successor to the pioneering MakerDAO project. Designed to trade as close to $1.00 as possible, USDS currently has a market capitalization of roughly $9.86 billion, placing it around rank #12 among all cryptocurrencies, with a price near $0.9999 and about $193.7 million in 24-hour trading ...

Ethena USDe

USDE
Founded
2023
Price
$0.999
Market Cap
$4.60 B
What Is Ethena USDe? Ethena USDe (ticker: USDE) is a so-called “synthetic dollar” issued by Ethena Labs, a protocol built primarily on Ethereum. Unlike fiat-backed stablecoins such as Tether or USD Coin, which hold bank deposits and short-term government debt to back each token, USDe is designed to maintain its dollar peg through a crypto-native hedging strategy rather than ...
Involved

Dai

DAI
Founded
2017
Price
$1.000
Market Cap
$4.58 B
DAI is a beneficial stablecoin pegged to the U.S. dollar, decreasing volatility and allowing several DeFi capabilities such as lending, borrowing, or trading. Dai (DAI) is a stablecoin connected to the price of the U.S. dollar. DAI’s price is regulated by MakerDAO (decentralized governance network) to maintain its fee stability. While real DAI stablecoins are produced thru its Maker ...

USD1

USD1
Founded
2025
Price
$1.000
Market Cap
$4.28 B
What Is USD1? USD1 is a fiat-collateralized stablecoin designed to track the value of the US dollar on a one-to-one basis. It is issued by World Liberty Financial (WLFI), a decentralized finance venture that gained global attention because of its direct ties to United States President Donald Trump and members of his family. Unlike purely algorithmic stablecoins, USD1 is marketed as being fully ...

Global Dollar

USDG
Founded
2024
Price
$1.00
Market Cap
$3.31 B
What Is Global Dollar (USDG)? Global Dollar, traded under the ticker USDG, is a fiat-backed stablecoin pegged one-to-one with the US dollar. It is issued by Paxos Digital Singapore Pte. Ltd., a subsidiary of the New York-based trust company Paxos, and is designed to trade at a stable $1.00 while being redeemable for cash held in reserve. As of the latest data, USDG has a market capitalization of ...

PayPal USD

PYUSD
Founded
2023
Price
$1.000
Market Cap
$2.77 B
What Is PayPal USD (PYUSD)? PayPal USD, traded under the ticker PYUSD, is a U.S. dollar-pegged stablecoin created through a partnership between PayPal Holdings and the regulated blockchain infrastructure company Paxos Trust Company. Each PYUSD token is designed to be redeemable one-to-one for a U.S. dollar, giving PayPal’s vast payments network — and the wider crypto market — a ...

Tether Gold

XAUT
Founded
2020
Price
$4,389
Market Cap
$2.69 B
What Is Tether Gold (XAUT)? Tether Gold (XAUT) is a digital token that represents ownership of physical gold. Each XAUT token is designed to correspond to one troy fine ounce of gold on a London Good Delivery bar, stored in a professional Swiss vault. Rather than pegging its value to a fiat currency like its sister asset Tether (USDT), XAUT tracks the market price of gold, giving holders ...

Ripple USD

RLUSD
Founded
2024
Price
$1.00
Market Cap
$2.41 B
What Is Ripple USD (RLUSD)? Ripple USD, traded under the ticker RLUSD, is a U.S. dollar-pegged stablecoin issued by Ripple, the fintech company best known for the XRP Ledger and its cross-border payments business. Each RLUSD token is designed to be redeemable one-to-one for a U.S. dollar and is backed by a reserve of cash, cash equivalents, and short-duration U.S. government securities held by a ...

Ondo US Dollar Yield

USDY
Founded
2021
Price
$1.15
Market Cap
$2.22 B
What Is Ondo US Dollar Yield (USDY)? Ondo US Dollar Yield, known by its ticker USDY, is a tokenized note issued by Ondo Finance that represents a claim on a portfolio of short-term U.S. Treasury bills and bank demand deposits. Unlike a conventional stablecoin such as Tether or USD Coin, which are designed simply to hold a $1.00 peg without paying interest to holders, USDY is engineered to pass on ...
Pax Gold
Involved

Pax Gold

PAXG
Founded
2019
Price
$4,393
Market Cap
$1.90 B
Pax Gold (PAXG) is a digital token representing ownership of one fine troy ounce of investment-grade gold stored in LBMA vaults in London. PAXG gives investors who want to hold gold all the benefits of blockchain technology, and it does this by being backed by real gold. The gold is held by Paxos Trust Company, which makes sure it is safe and secure. When investors buy PAXG, they also buy the ...

World Liberty Financial

WLFI
Founded
2024
Price
$0.0525
Market Cap
$1.66 B
What Is World Liberty Financial? World Liberty Financial (ticker: WLFI) is a decentralized finance (DeFi) project that positions itself as a platform for borrowing, lending, and holding digital assets, built around its own governance token and an affiliated US-dollar stablecoin called USD1. The project markets itself as an effort to bring more of the traditional financial system on-chain and to ...

USDD

USDD
Founded
2022
Price
$0.999
Market Cap
$1.49 B
What Is USDD? USDD (Decentralized USD) is a stablecoin designed to track the value of the U.S. dollar on a one-to-one basis while operating primarily within the TRON blockchain ecosystem, with additional deployments on Ethereum and BNB Chain. Its stated goal is to give crypto users and DeFi builders a dollar-pegged unit of account that is not directly custodied by a single bank, similar in spirit ...

Ethena

ENA
Founded
2023
Price
$0.147
Market Cap
$1.48 B
What Is Ethena? Ethena is a decentralized finance protocol built on Ethereum that issues USDe, a “synthetic dollar” designed to hold a soft peg to the US dollar without relying on traditional bank deposits. ENA is the protocol’s native governance token. As of the latest data, Ethena’s market capitalization stands at approximately $1,847,696,248, ranking it #51 among all ...

USDGO

USDGO
Founded
2024
Price
$1.00
Market Cap
$1.38 B
What Is USDGO? USDGO is a cryptocurrency that trades under the ticker USDGO and is tracked on major aggregators with the CoinGecko identifier usdgo. Based on its ticker composition and its trading price of approximately $1, USDGO belongs to the broad family of cryptocurrencies known as stablecoins — digital tokens designed to maintain a steady one-to-one value against the US dollar rather than ...

Sky

SKY
Founded
2014
Price
$0.0582
Market Cap
$1.36 B
What Is Sky? Sky is the rebranded identity of MakerDAO, one of the oldest and most influential decentralized finance (DeFi) protocols built on Ethereum. The SKY token is the successor to the long-standing governance token MKR, and it powers a lending and stablecoin ecosystem centered on USDS (formerly DAI), a crypto-collateralized stablecoin pegged to the US dollar. Sky’s core mission is to ...

United Stables

U
Founded
2025
Price
$0.999
Market Cap
$1.28 B
Overview United Stables, traded under the ticker U, is a United States dollar–oriented digital asset whose price has consistently hovered close to the one-dollar mark, recently trading around $0.9993. At that valuation, together with a circulating market capitalization of approximately $1,276,529,857, the token sits at roughly rank #64 among all cryptocurrencies tracked by major aggregators, ...
Involved

Frax

FRAX
Founded
2016
Price
$0.992
Market Cap
$217.50 M
Frax attempts to be the first stablecoin protocol to implement both design principles to create highly scalable, incredibly stable, and ideologically pure on-chain money. Frax (FRAX), and a governance token, Frax Shares (FXS) is the Frax protocol two-token system encompassing a stablecoin. The protocol also has a pool contract that holds USDC collateral, and pools can be added or removed with ...
Involved

Magic Internet Money

MIM
Founded
2013
Price
$0.993
Market Cap
$55.24 M
Abracadabra. Money is a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to lend a USD pegged stablecoin (Magic Internet Money – MIM) that can be used as any other conventional stablecoin. When a participant deposits collateral to Abracadabra and takes out a MIM token loan, the platform mints fresh MIM into the delivery, backed by the user’s ibTKNs in the ...
Involved

Binance USD

BUSD
Founded
2019
Price
$1.00
Market Cap
$34.43 M
The BUSD stablecoin was founded by Paxos and Binance to create a cryptocurrency that the US dollar would back. The function of BUSD is that one unit of BUSD is equivalent to one US dollar. To help this value, Paxos holds the amount of US dollars identical to the total supply of BUSD. The price of the stable coin fluctuates directly with the cost of USD. BUSD offers a monthly audited document of ...
Involved

Pax Dollar

USDP
Founded
2018
Price
$0.996
Market Cap
$29.05 M
Pax Dollar (USDP) is a fiat-collateralized stablecoin founded in September 2018. Like all stablecoins, Pax Dollar offers the advantage of transacting with blockchain assets through minimized price risk but has been audited thoroughly, and it can prove its reserves. The Pax Dollar tokens are issued as ERC-20 tokens on the Ethereum blockchain and are collateralized 1:1 through the USD held in ...
Involved

Terra Classic USD

USTC
Founded
2020
Price
$0.00513
Market Cap
$28.57 M
TerraUSD was released in September 2020 in partnership with Bittrex global with plans to create a scalable, interchain stablecoin pegged to the US dollar. Terra is a public blockchain protocol deploying a set of algorithmic decentralized stablecoins which underpin a thriving ecosystem that brings DeFi to the hundreds. The Terra is decentralized and open-source public blockchain protocol for ...
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