18 field entries
Stablecoins: digital dollars and how they hold their peg
Stablecoins aim to hold a steady value, usually one US dollar. What matters is who issues them, what backs them, and whether you can redeem them.
Read: Stablecoins explained: types, pegs, risks and US rules
TetherUSDT · Stablecoin$0.99980.01%The most widely used dollar stablecoin, issued by Tether and backed by its reserves
- Real-world usage
- established
- Token necessity
- essential
- Decentralization
- centralized
- Track record
- long
XRPXRP · Payments$1.521.88%The native asset of the XRP Ledger, a fast public ledger built for payments
- Real-world usage
- growing
- Token necessity
- essential
- Decentralization
- moderate
- Track record
- long
USDCUSDC · Stablecoin$0.99990.01%A dollar stablecoin from Circle, backed by cash and short-term US Treasuries
- Real-world usage
- established
- Token necessity
- essential
- Decentralization
- centralized
- Track record
- long
USDSUSDS · Stablecoin$0.99990.00%Sky's dollar stablecoin and the upgraded successor to DAI
- Real-world usage
- growing
- Token necessity
- essential
- Decentralization
- limited
- Track record
- developing
Ethena USDeUSDE · Stablecoin$0.99960.00%A synthetic dollar backed by hedged crypto and stable assets, not by bank deposits
- Real-world usage
- growing
- Token necessity
- essential
- Decentralization
- limited
- Track record
- developing
DaiDAI · Stablecoin$1.000.02%The original crypto-collateralized dollar stablecoin, now part of the Sky Protocol
- Real-world usage
- established
- Token necessity
- essential
- Decentralization
- limited
- Track record
- long
USD1USD1 · Stablecoin$0.99970.02%A dollar stablecoin branded by World Liberty Financial and issued by BitGo
- Real-world usage
- growing
- Token necessity
- essential
- Decentralization
- centralized
- Track record
- developing
Tether GoldXAUT · Real-world assets$4,146.030.09%A token representing ownership of physical gold held in Swiss vaults
- Real-world usage
- growing
- Token necessity
- essential
- Decentralization
- centralized
- Track record
- proven
Global DollarUSDG · Stablecoin$1.000.01%Paxos's Singapore-issued dollar stablecoin that shares reserve income with partners
- Real-world usage
- growing
- Token necessity
- essential
- Decentralization
- centralized
- Track record
- developing
PayPal USDPYUSD · Stablecoin$0.99990.01%PayPal's dollar stablecoin, issued by Paxos under federal trust-bank supervision
- Real-world usage
- growing
- Token necessity
- essential
- Decentralization
- centralized
- Track record
- developing
AaveAAVE · DeFi$180.140.59%Governance token of Aave, a large decentralized lending and borrowing protocol
- Real-world usage
- established
- Token necessity
- optional
- Decentralization
- moderate
- Track record
- long
Ripple USDRLUSD · Stablecoin$1.000.01%Ripple's dollar stablecoin for institutions, issued by a New York trust company
- Real-world usage
- growing
- Token necessity
- essential
- Decentralization
- centralized
- Track record
- developing
EthenaENA · DeFi$0.23980.97%Governance token of Ethena, the protocol behind the USDe synthetic dollar
- Real-world usage
- growing
- Token necessity
- optional
- Decentralization
- limited
- Track record
- developing
SkySKY · DeFi$0.09613.71%Governance token of the Sky Protocol, issuer of the USDS and DAI stablecoins
- Real-world usage
- established
- Token necessity
- integral
- Decentralization
- limited
- Track record
- long
PAX GoldPAXG · Real-world assets$4,152.580.10%A Paxos token backed by allocated London gold, one troy ounce per token
- Real-world usage
- growing
- Token necessity
- essential
- Decentralization
- centralized
- Track record
- proven
World Liberty FinancialWLFI · DeFi$0.05510.52%Governance token of World Liberty Financial, a Trump-family-linked crypto venture
- Real-world usage
- speculative
- Token necessity
- optional
- Decentralization
- centralized
- Track record
- developing
StableSTABLE · Payments$0.02660.57%Governance and staking token of Stable, a blockchain that uses USDT for gas fees
- Real-world usage
- early
- Token necessity
- integral
- Decentralization
- limited
- Track record
- new
Curve DAOCRV · DeFi$0.38221.66%Token of Curve, a DEX built for low-cost swaps between similar assets like stablecoins
- Real-world usage
- established
- Token necessity
- integral
- Decentralization
- moderate
- Track record
- proven