Markets
Stablecoins: Market Cap, Peg Health & Rankings
Live market capitalization, peg health and growth across the USD-pegged stablecoin universe — Tether, USDC, Sky Dollar, Ethena and more.
Source DefiLlama
Updated every 10 min
354 USD stablecoins
Total stablecoin cap
$294.4B
USD-pegged, circulating
USDT dominance
60.0%
largest issuer share
Fiat-backed share
91.0%
of total supply
Top-10 on peg
10/10
within ±0.5% of $1.00
Peg health monitor
Deviation from $1.00 · top 8 by market cap
USDT
$0.9988
−12 bps
USDC
$0.9998
−2 bps
USDS
$0.9997
−3 bps
USDE
$0.9992
−8 bps
DAI
$1.0001
+1 bps
USD1
$0.9979
−21 bps
PYUSD
$0.9992
−8 bps
RLUSD
$0.9999
−1 bps
Stablecoin market
Top 30 USD-pegged by market cap| # | Stablecoin | Price | Market cap | 7d | 30d | Mechanism | Chains |
|---|---|---|---|---|---|---|---|
| 1 | USDT Tether | $0.9988 | $176.7B | −1.44% | −3.99% | Fiat-backed | 131 |
| 2 | USDC USD Coin | $0.9998 | $70.4B | −1.67% | −3.50% | Fiat-backed | 161 |
| 3 | USDS Sky Dollar | $0.9997 | $5.4B | −15.26% | −20.64% | Crypto-backed | 8 |
| 4 | USDE Ethena USDe | $0.9992 | $5.0B | +9.88% | +4.02% | Crypto-backed | 34 |
| 5 | DAI Dai | $1.0001 | $4.7B | −0.95% | −2.03% | Crypto-backed | 50 |
| 6 | USD1 World Liberty Financial USD | $0.9979 | $3.4B | −13.26% | −21.09% | Fiat-backed | 8 |
| 7 | PYUSD PayPal USD | $0.9992 | $2.7B | −3.19% | −5.12% | Fiat-backed | 21 |
| 8 | RLUSD Ripple USD | $0.9999 | $2.7B | +11.21% | +9.86% | Fiat-backed | 6 |
| 9 | USDG Global Dollar | $1.0000 | $2.7B | −6.35% | −11.94% | Fiat-backed | 8 |
| 10 | BUIDL BlackRock USD | $1.0000 | $1.8B | −12.41% | −20.11% | Fiat-backed | 8 |
| 11 | USDF Falcon USD | $0.9949 | $1.7B | −0.65% | +0.39% | Crypto-backed | 4 |
| 12 | U United Stables | $0.9996 | $1.6B | +0.59% | +4.09% | Crypto-backed | 4 |
| 13 | USDD USDD | $0.9986 | $1.5B | −2.12% | −7.87% | Crypto-backed | 4 |
| 14 | USDGO USDGO | $1.0001 | $1.1B | −12.43% | −14.59% | Fiat-backed | 3 |
| 15 | OUSD Open USD | $1.0002 | $914.1M | +2.35% | +15.84% | Fiat-backed | 4 |
| 16 | GHO GHO | $0.9982 | $697.7M | +0.00% | +0.00% | Crypto-backed | 10 |
| 17 | USDX USDX Money USDX | — | $683.4M | — | — | Crypto-backed | 3 |
| 18 | USD0 Usual USD | $0.9978 | $538.9M | −0.33% | −0.53% | Fiat-backed | 2 |
| 19 | PUSD Polymarket USD | $0.9998 | $521.1M | +6.35% | +5.02% | Crypto-backed | 1 |
| 20 | RWAUSDI Multipli rwaUSDi | $0.9998 | $487.3M | +0.00% | +0.00% | Crypto-backed | 7 |
| 21 | TUSD TrueUSD | $0.9993 | $484.1M | +0.00% | +0.00% | Fiat-backed | 10 |
| 22 | YLDS YLDS | $0.9991 | $466.3M | −5.25% | −3.98% | Fiat-backed | 3 |
| 23 | USDTB Ethena USDtb | $0.9995 | $446.9M | −13.18% | −13.30% | Fiat-backed | 2 |
| 24 | USDN Neutrino USD | — | $408.9M | −0.00% | −0.00% | Algorithmic | 4 |
| 25 | GUSD Gate USD | $0.9974 | $319.2M | +0.00% | +0.00% | Fiat-backed | 1 |
| 26 | SOFID SoFiUSD | $0.9990 | $318.2M | +5.92% | −5.52% | Fiat-backed | 5 |
| 27 | FDUSD First Digital USD | $0.9966 | $282.8M | −5.53% | −12.67% | Fiat-backed | 6 |
| 28 | APXUSD apxUSD | $0.9931 | $278.1M | −2.03% | −10.25% | Crypto-backed | 4 |
| 29 | M M by M0 | — | $244.1M | +13.39% | +22.60% | Fiat-backed | 8 |
| 30 | BUSD Binance Peg BUSD | $0.9998 | $232.9M | +0.00% | +0.01% | Crypto-backed | 27 |