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Stablecoins
Volume, capitalisation and the peg: whether they hold the dollar
A stablecoin is a token pegged to the value of the dollar. The peg is held in different ways: some issues are backed by reserves in bank accounts and short treasury bills, others by crypto collateral, others still by market mechanisms without direct backing. A deviation of a fraction of a per cent is routine; a wide and lasting gap means the market doubts the backing.
Total issued
304.3 B $
Share of the market
10.45 %
Stablecoins
all hold the peg
- USDT184.1 B $0.9992−0.08 %
- USDC72.9 B $1.001+0.08 %
- USDS10.2 B $1.000+0.04 %
- USDE4.79 B $1.001+0.05 %
- DAI4.55 B $1.0000.00 %
- USD14.26 B $1.00000.00 %
- USDG3.14 B $0.9999−0.01 %
- PYUSD2.90 B $0.9996−0.04 %
- RLUSD2.45 B $1.001+0.08 %
- BUIDL2.22 B $1.0000.00 %
A stablecoin is meant to be worth one dollar. A deviation of a fraction of a per cent is routine; a wide and lasting gap means the market doubts the backing.
See also
ScreenerThe full list with filters by size, turnover, return and risk
SectorsArtificial intelligence, gaming, infrastructure and other themes
Market capitalisationHow much the whole crypto market is worth and how the figure moved
Market sharesWhat share of the market bitcoin, ether and stablecoins take
Fear and greedMarket sentiment on a scale from 0 to 100