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

$295.15B

+0.39%from 30d ago

Monthly Transfer Volume

$5.14T

+45.20%from 30d ago

Monthly Active Addresses

36.66M

+27.16%from 30d ago

Holders

201.37M

+3.02%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 11/09/2025

Stablecoin League Table

#
Platform
RWA Count
Market Cap
30D%
Market Share
1
5
$179.3B
2.64%
60.76%
2
2
$72.9B
0.14%
24.70%
3
2
$10.5B
36.47%
3.57%
4
1
$10.1B
15.52%
3.41%
5
2
$4.6B
0.33%
1.56%
6
4
$3.9B
14.69%
1.33%
7
1
$2.8B
10.42%
0.95%
8
3
$2.0B
13.87%
0.69%
9
2
$1.5B
1.12%
0.50%
10
1
$1.1B
2.41%
0.37%

Top Net Flows

As of 11/09/2025

Stablecoins

77 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
by Bluechip
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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
$181,883,763,118
$0.9996
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
17,094,809
$2,062,274,578,916
378,477,020
119,307,276
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
$73,306,013,869
$0.9997
Bermuda Flag

Bermuda

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

2 - Strong
The Bank of New York Mellon
Deloitte
10,793,045
$2,527,577,041,881
430,121,013
33,589,813
28 Addresses
USDS IconUSDSSky
USDS
Solana LogoPolygon LogoNEAR LogoEthereum Logo
$10,686,977,121
$0.9996
Structured Credit+ 4 More

N/A

Non-Regulated

4 - Constrained
681,564
$132,182,671,208
48,859,929
3,057,819
5 Addresses
USDe
Solana LogoEthereum LogoAvalanche Logo
$8,706,395,229
$0.9989
Derivatives - Short ETH PerpsCryptocurrencies - ETH

N/A

Non-Regulated

5 - Weak
20,989
$47,337,535,930
285,095
47,352
3 Addresses
BSC-USD
$4,283,440,275
$0.9996
7,231,184
$296,505,953,193
233,407,373
37,546,625
PYUSD
Stellar LogoSolana LogoEthereum Logo
$2,823,750,584
$0.9998
Money Market - RRP+ 2 More
United States of America Flag

United States of America

German Electronic Securities Act

BMF - German Federal Ministry of Finance

BMO Harris Bank N.A.+ 2 More
WithumSmith+Brown
84,154
$29,971,927,313
2,068,613
106,380
3 Addresses
USD1 IconUSD1BitGo
USD1
TRON LogoSolana LogoPlume LogoEthereum LogoBNB Chain LogoAptos Logo
$2,818,795,663
$0.9989
United States of America Flag

United States of America

GENIUS Act

All reserve assets are held or maintained by BitGo Trust Company+ 6 More
Crowe LLP
495,273
$12,782,971,085
20,909,141
443,614
6 Addresses
USDtb IconUSDtbAnchorage Digital Bank
USDtb
Solana LogoEthereum LogoBase LogoArbitrum Logo
$1,832,848,291
$0.9996
US Treasury Debt - BUIDL
United States of America Flag

United States of America

OCC National Bank Charter (Federal Prudential Supervision)

Office of the Comptroller of the Currency (OCC)

500
$491,984,084
5,527
597
4 Addresses
First Digital USD IconFirst Digital USDFD121 (BVI) Limited
FDUSD
Solana LogoEthereum LogoBNB Chain Logo
$1,104,306,801
$0.9965
Money Market - RRP+ 2 More
British Virgin Islands Flag

British Virgin Islands

Non-Regulated

4 - Constrained
First Digital Trust
Prescient Assurance LLC.
3,385
$1,568,581,708
119,476
64,624
3 Addresses
Ripple USD IconRipple USDStandard Custody & Trust Company
RLUSD
XRP Ledger LogoEthereum Logo
$1,045,027,019
$0.9998
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
4,795
$5,917,503,687
478,529
38,348
2 Addresses
Global Dollar IconGlobal DollarPaxos Digital Singapore
USDG
Solana LogoEthereum Logo
$995,887,660
$0.9998
US Treasury Debt+ 2 More
Singapore Flag

Singapore

10,307
$6,706,314,990
1,227,303
9,062
2 Addresses
M IconMM0
M
Plume LogoEthereum Logo
$771,531,917
$1.0000

N/A

31
$840,425,036
2,225
75
2 Addresses
USDD IconUSDDUSDD Protocol
USDD
$743,874,336
$0.9995
CryptocurrenciesStablecoins

Non-Regulated

Huobi Exchange
189
$2,800,426
3,201
135,189
USDai IconUSDaiUSDai Protocol
USDai
$570,798,526
$1.0039

Non-Regulated

3,906
$609,455,405
74,865
3,095
USD0
$543,292,874
$0.9967
Money Market - USYC
France Flag

France

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

1,767
$450,469,328
15,089
11,140
GHO IconGHOAave
GHO
$427,064,697
$0.9993
US Treasury Debt - TokenizedCryptocurrencies

N/A

Non-Regulated

BNY Mellon Pershing
3,809
$3,520,540,049
54,426
7,303
EURC IconEURCCircle
EURC
Stellar LogoSolana LogoEthereum LogoBase LogoAvalanche Logo
$311,503,687
$1.1542
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
35,539
$2,539,613,489
1,778,982
59,304
5 Addresses
BSC-BUSD
$310,124,520
$0.9991
29,328
$1,014,618,392
1,408,234
6,177,785
FRAX IconFRAXFrax Finance
FRAX
NEAR LogoEthereum Logo
$294,675,973
$0.9948
Money Market - Fund+ 4 More

N/A

Non-Regulated

5 - Weak
Lead Bank
1,185
$426,943,373
45,518
17,868
2 Addresses
USX IconUSXUSX Limited
USX
$274,776,816
$0.9996
British Virgin Islands Flag

British Virgin Islands

British Virgin Islands Securities and Investment Business Act

FSC - British Virgin Islands Financial Services Commission

36,379
$848,997,732
327,134
24,280
USR IconUSRResolv
USR
Ethereum LogoBase LogoBNB Chain LogoArbitrum Logo
$228,501,068
$0.9991
British Virgin Islands Flag

British Virgin Islands

Non-Regulated

1,540
$618,658,659
143,843
11,579
4 Addresses
OpenEden OpenDollar IconOpenEden OpenDollarOpenEden Digital
USDO
Ethereum LogoBase Logo
$213,125,592
$0.9998
Bermuda Flag

Bermuda

Bermuda Digital Assets Issuance Act

BMA - Bermuda Monetary Authority

Agio iconAgio
166
$46,266,051
792
268
2 Addresses
AUSD IconAUSDAgora
AUSD
Solana LogoPolygon LogoMantle LogoEthereum LogoAvalanche Logo
$142,284,756
$0.9995
Bank Deposits - USD+ 2 More
British Virgin Islands Flag

British Virgin Islands

State Street
21,770
$1,394,975,005
625,859
57,286
5 Addresses
USDz
Manta Pacific LogoEthereum LogoBlast LogoBase Logo
$113,637,224
$0.9839
Private Credit - sPCT
British Virgin Islands Flag

British Virgin Islands

Non-Regulated

32
$774,860
129
1,243
4 Addresses
Avant USD IconAvant USDAvant Technology Foundation
avUSD
$73,218,759
$0.9982
639
$525,659,898
42,002
971
USDP
Solana LogoEthereum Logo
$57,687,912
$0.9996
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
3,977
$177,538,691
60,461
274,161
2 Addresses
Anchored Coins EUR IconAnchored Coins EURAnchored Coins
AEUR
Ethereum LogoBNB Chain Logo
$55,883,756
$1.1784
Switzerland Flag

Switzerland

4
$1,017
7
163
2 Addresses
BUSD
$54,811,878
$0.9961
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
806
$11,605,171
4,909
125,040
EUR CoinVertible IconEUR CoinVertibleSociete Generale
EURCV
$52,291,961
$1.1546
Bank Deposits - EUR
France Flag

France

France Digital Asset Service Provider (DASP) under PACTE Law

AMF - French Autorité des Marchés Financiers

3 - Adequate
265
$185,742,755
3,342
230
Quantoz USDQ IconQuantoz USDQQuantoz Payments
USDQ
$50,972,715
$0.9995
Netherlands Flag

Netherlands

158
$6,240,306
3,389
265
Liquity LUSD IconLiquity LUSDLiquity Protocol
LUSD
$37,468,557
$1.0009
Cryptocurrencies - ETH

N/A

Non-Regulated

559
$17,761,399
4,620
12,192
Synthetix sUSD IconSynthetix sUSDSynthentix Protocol Governed by Synthetix DAO
sUSD
$35,720,879
$0.9769
Cryptocurrencies - SNX

N/A

Non-Regulated

706
$117,500,733
18,133
19,957
reUSD IconreUSDResilience BVI Ltd.
reUSD
Ethereum LogoBase LogoAvalanche LogoArbitrum Logo
$35,015,986
$1.0390
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)
377
$114,376,595
5,119
243
4 Addresses
Plume USD IconPlume USDNucleus
pUSD
$26,611,566
$0.9997
73,351
$1,065,765,835
2,403,803
89,938
Ondo U.S. Dollar Token IconOndo U.S. Dollar TokenOndo Global Markets
USDon
Ethereum LogoBNB Chain Logo
$26,551,541
$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
8,630
$248,881,348
473,469
7,296
2 Addresses
EURA
$18,550,527
$1.1524
Corporate Bonds+ 2 More

N/A

Non-Regulated

WithumSmith+Brown
234
$34,182,866
4,831
2,995
XSGD
Polygon LogoHedera Hashgraph LogoEthereum LogoAvalanche Logo
$17,858,172
$0.7669
Bermuda Flag

Bermuda

Singapore Payment Services Act

MAS - Monetary Authority of Singapore

KK Yap & Associates
307
$0
0
8,245
4 Addresses
Quantoz EURQ IconQuantoz EURQQuantoz Payments
EURQ
$17,325,900
$1.1551
Netherlands Flag

Netherlands

116
$1,819,151
524
228
Mountain USD IconMountain USDMountain Protocol
USDM
ZKsync Era LogoPolygon LogoOptimism LogoEthereum LogoBase LogoAvalanche LogoArbitrum Logo
$17,147,297
$0.9990
Public Equity - Treasury ETF+ 4 More
Bermuda Flag

Bermuda

Bermuda Digital Assets Issuance Act

BMA - Bermuda Monetary Authority

3 - Adequate
Nephos Group
135
$71,301
584
9,318
7 Addresses
Braza USDB IconBraza USDBBraza Bank
USDB
$12,792,148
$1.0000
Brazil Flag

Brazil

19
$19,567,508
4,803
21
EURS
XDC LogoStellar LogoPolygon LogoEthereum Logo
$11,359,444
$1.1500
Malta Flag

Malta

EXT LTD+ 2 More
BDO Malta
525
$9,773,598
20,856
8,218
4 Addresses
Bean IconBeanBeanstalk Protocol Governed by Beanstalk DAO
BEAN
$10,728,684
$0.3211
Cryptocurrencies - "Pods" Beanstalk Debt

Non-Regulated

10
$873
19
233
GUSD
$10,675,760
$1.0002
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
481
$68,329,185
2,491
21,585
Tether EURt IconTether EURtTether Holdings
EURT
$9,302,265
$1.1483
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
267
$2,411,878
1,281
2,233
EURØP IconEURØPSchuman Financial
EUROP
XRP Ledger LogoPolygon LogoEthereum LogoAvalanche Logo
$9,154,897
$1.1555
Switzerland Flag

Switzerland

KPMG
154
$10,106,771
56,874
198
4 Addresses
AUDD
XRP Ledger LogoXDC LogoStellar LogoSolana LogoHedera Hashgraph LogoEthereum LogoBase Logo
$8,861,921
$0.6484
Australia Flag

Australia

Australian Digital Currency Exchange

AUSTRAC - Australian Transaction Reports and Analysis Centre

William Buck Australia
96
$633,342
877
794
7 Addresses
USP
$7,068,650
$0.9783
Republic of the Marshall Islands Flag

Republic of the Marshall Islands

Non-Regulated

53
$2,544,019
649
56
GMO JPY IconGMO JPYGMO Trust
GYEN
Stellar LogoSolana LogoEthereum Logo
$6,395,512
$0.0059
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
129
$620,850
628
11,737
3 Addresses
Tether MXNt IconTether MXNtTether Holdings
MXNT
$6,150,378
$0.3075
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
Tether CNHt IconTether CNHtTether Holdings
CNHT
TRON LogoEthereum Logo
$3,895,659
$0.1900
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
$14
1
57
2 Addresses
RupiahToken IconRupiahTokenPT Rupiah Token Indonesia
IDRT
Polygon LogoEthereum LogoBNB Chain Logo
$3,547,575
$0
Bank Deposits - IDR
Indonesia Flag

Indonesia

Johannes Jura & Rekan
105
$302,200
263
11,382
3 Addresses
SBC
Stellar LogoSolana LogoPolygon LogoOptimism LogoCelo LogoBase LogoAvalanche LogoArbitrum Logo
$3,440,965
$0.9998
United States of America Flag

United States of America

U.S. State Money Transmitter Licensing

151
$12,919,949
1,723
2,305
8 Addresses
USDGLO
Stellar LogoPolygon LogoOptimism LogoEthereum LogoCelo LogoBase LogoAlgorand Logo
$3,054,373
$0.9997
United States of America Flag

United States of America

U.S. State Money Transmitter Licensing

798
$2,853,698
112,898
9,054
7 Addresses
VCHF
Stellar LogoSolana LogoPolygon LogoEthereum LogoBase LogoAvalanche LogoArbitrum Logo
$2,642,413
$1.2503
Liechtenstein Flag

Liechtenstein

Liechtenstein Blockchain Act

FMA - Liechtenstein Financial Market Authority

Philoro Edelmetallhandel AG
AREVA AG
616
$19,656,217
149,944
1,077
7 Addresses
BRZ IconBRZTransfero
BRZ
Polygon LogoEthereum Logo
$2,603,421
$0.1860
Switzerland Flag

Switzerland

Digital Assets and Registered Exchanges Act (DARE Act) — The Bahamas

Securities Commission of The Bahamas (SCB)

Transfero Gestão de Ativos Digitais+ 2 More
Carvalho, Machado E Timm Advogados
26
$77,299
38
281
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
11
$12,891,386
22
104
3 Addresses
Origin Dollar IconOrigin DollarOrigin Protocol
OUSD
$2,580,198
$0.9982

Non-Regulated

147
$11,101,259
6,532
2,212
BBRL IconBBRLBraza Bank
BBRL
$2,443,401
$0.1838
Brazil Flag

Brazil

Brazilian Virtual Assets Law

BCB - Banco Central do Braasil

64
$544,863,452
8,686
49
COPM IconCOPMMinteo
COPM
Polygon LogoCelo Logo
$2,395,906
$0.0003
Bermuda Flag

Bermuda

BDO
474
$217,496,354
22,708
315
2 Addresses
BRLA
$2,088,852
$0.1859
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
Polygon LogoEthereum LogoAvalanche LogoArbitrum Logo
$2,049,276
$0.0539
Mexico Flag

Mexico

El Salvador Digital Asset Law

CNAD - El Salvador National Commission of Digital Assets

179
$14,976,822
10,623
354
4 Addresses
Fathom Dollar IconFathom DollarFathom DAO
FXD
$1,798,560
$0.9320
Cryptocurrencies - XDC

N/A

Non-Regulated

44
$169,522
1,610
750
deUSD
Plume LogoEthereum LogoAvalanche Logo
$1,748,903
$0.0116
Stablecoins - sDAI+ 3 More
British Virgin Islands Flag

British Virgin Islands

Ceffu Copper Clearloop
3,185
$873,859,827
29,939
5,862
4 Addresses
VEUR
Stellar LogoSolana LogoPolygon LogoEthereum LogoBase LogoAvalanche Logo
$1,525,341
$1.1534
Liechtenstein Flag

Liechtenstein

Liechtenstein Blockchain Act

FMA - Liechtenstein Financial Market Authority

OZL Offenes Zollager in Liechtenstein AG
AREVA AG
390
$17,793,933
119,122
1,029
6 Addresses
BRL1 IconBRL1BRL1
BRL1
$1,498,037
$0.1838
Brazil Flag

Brazil

Brazilian Virtual Assets Law

BCB - Banco Central do Braasil

71
$128,866,242
8,743
117
Z.com USD IconZ.com USDGMO Trust
ZUSD
Stellar LogoSolana LogoEthereum Logo
$1,031,413
$0.8917
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
15
$6,195
25
667
3 Addresses
Alloy USDT IconAlloy USDTTether Holdings
aUSDT
$766,414
$1.0016
Commodities - XAUT
British Virgin Islands Flag

British Virgin Islands

U.S. Money Services Business

FinCEN - Financial Crimes Enforcement Network

Swiss Custodian (undisclosed)
BDO Italia
25
$605,781
76
55
Synthetix sEUR IconSynthetix sEURSynthentix Protocol Governed by Synthetix DAO
sEUR
$471,026
$0.4734
Cryptocurrencies - SNX

N/A

Non-Regulated

16
$138,511
336
802
mZAR IconmZARMesh
mZAR
$448,964
$0.0575
Netherlands Flag

Netherlands

$0
0
428
Falcon USD IconFalcon USDFalcon Finance
USDf
Ethereum LogoBNB Chain Logo
$407,786
$0.9984

Non-Regulated

Harris & Trotter
784
$324,540,568
9,253
215
2 Addresses
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
31
$49
9
1,600
2 Addresses
MXNe
Stellar LogoSolana LogoBase Logo
$254,930
$0.0537
United States of America Flag

United States of America

U.S. State Money Transmitter Licensing

147
$3,456,784
5,046
558
3 Addresses
XIDR
$115,356
$0
Bank Deposits - IDR
Bermuda Flag

Bermuda

Singapore Payment Services Act

MAS - Monetary Authority of Singapore

KK Yap & Associates
1
$67,083
1
196
Open Money USD IconOpen Money USDOpen Money DAO
omUSD
$112,724
$0.9992
6
$166
9
65
Frontier Stable Token IconFrontier Stable TokenThe State of Wyoming - Wyoming Stable Token Commission
FRNT
Solana LogoPolygon LogoOptimism LogoEthereum LogoBase LogoAvalanche LogoArbitrum Logo
$100,600
$1.0000
The Network Firm iconThe Network Firm
10
$506
10
15
7 Addresses
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
9
$356
18
148
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

3
$42
11
263