 USDTTether USD | Tether | Non-bank company | tether.to | USD | Cash & money-market | 179.1B USDT | $0.9983 | 0.0% | 78,068,491 | 2.9% | -$5.0B | -3.1% | -2.5% | -2.8% | +1.4% | 35     +30Kaia, Kava, Near, Omni, Tron, Aptos, Flare, Manta, Monad, Morph, Tempo, Tezos, Mantle, Plasma, Solana, Stable, Conflux, MegaETH, Polygon, X Layer, Arbitrum, Ethereum, Optimism, Polkadot, Unichain, Avalanche, Berachain, Etherlink, Rootstock, Hyperliquid L1 |
 USDCUSD Coin | Circle | Non-bank company | circle.com | USD | Cash & money-market | 71.1B USDC | $0.9996 | 0.0% | 9,167,443 | 16.1% | — | -4.0% | -1.4% | -5.4% | +1.9% | 47  +42XDC, Base, Celo, EDGE, Flow, Near, RISE, Tron, XRPL, Aptos, Codex, Linea, Manta, Monad, Morph, Noble, Plume, Sonic, Tempo, Cronos, Hedera, Pharos, Plasma, Solana, zkSync, Cardano, Polygon, Stellar, X Layer, Algorand, Arbitrum, Ethereum, Optimism, Polkadot, Starknet, Unichain, Avalanche, Etherlink, Injective, Rootstock, World Chain, Hyperliquid L1 |
 USDSUSDS | SkyNo central issuer (protocol) | Protocol | financial.skyeco.com | USD | Other stablecoins | 6.5B USDS | $0.9995 | 0.0% | 17,752 | 12.3% | -$318.7M | -5.5% | -3.0% | +21.1% | — | 4    |
 USDeEthena USDe | Ethena | Non-bank company | app.ethena.fi | USD | Other stablecoins | 4.6B USDe | $0.9981 | ▼ 0.1% | 47,186 | 18.5% | -$16.3M | -6.9% | +17.6% | -50.7% | -1.0% | 20  +15Metis, Monad, Mantle, Plasma, Scroll, Solana, zkSync, X Layer, Arbitrum, Ethereum, Optimism, Avalanche, Berachain, Hyperliquid L1, Robinhood Chain |
 DAIDai | SkyNo central issuer (protocol) | Protocol | financial.skyeco.com | USD | Other stablecoins | 4.5B DAI | $0.9995 | 0.0% | 709,914 | 9.5% | +$31.1M | -1.7% | -1.9% | -7.9% | +1.2% | 6  +1Avalanche |
 USD1World Liberty Financial USD | World Liberty Financial, issued by BitGo | Trust company | bitgo.com | USD | Cash & money-market | 3.9B USD1 | $0.9969 | ▼ 0.2% | 43,375 | 89.6% | -$43.4M | -12.7% | -3.1% | +30.1% | -0.4% | 11    +6Plume, AB Core, Mantle, Solana, X Layer, Ethereum |
 USDGGlobal Dollar | Paxos | Trust company | paxos.com | USD | Cash & money-market | 2.9B USDG | $0.9999 | 0.0% | 131,095 | 73.1% | -$230.2M | -9.0% | -18.0% | +184% | +11.1% | 7  +2Ethereum, Robinhood Chain |
 PYUSDPayPal USD | PayPal, issued by Paxos | Trust company | paxos.com | USD | Cash & money-market | 2.7B PYUSD | $0.9997 | 0.0% | 114,018 | 69.8% | -$314.0M | -6.7% | -2.1% | -4.8% | +5.4% | 8  +3X Layer, Arbitrum, Ethereum |
 RLUSDRipple USD | Ripple | Trust company | ripple.com | USD | Cash & money-market | 2.6B RLUSD | $0.9997 | 0.0% | 13,120 | 69.6% | -$21.6M | +1.7% | +64.2% | +161% | +2.6% | 6 +1Unichain |
 USDfFalcon USD | Falcon Finance | Non-bank company | app.falcon.finance | USD | Hedged crypto | 1.7B USDf | $0.9911 | ▼ 0.3% | 6,395 | 71.3% | -$47.9M | +0.6% | +32.7% | -17.1% | +0.3% | 2 |
 UUnited Stables | United Stables | Non-bank company | u.tech | USD | Other stablecoins | 1.6B U | $0.9982 | ▼ 0.1% | 79,471 | 97.5% | -$10.5M | +3.0% | +44.4% | — | +1.0% | 4 |
 USDDUSDD | TRON DAO Reserve | Protocol | usdd.io | USD | Other stablecoins | 1.3B USDD | $0.9988 | 0.0% | 466,567 | 77.8% | -$253.8M | -3.0% | +1.5% | +246% | +0.1% | 3 |
 USDGOUSDGO | OSL Group, issued by Anchorage Digital | Trust company | anchorage.com | USD | Cash & money-market | 1.2B USDGO | $0.9998 | 0.0% | 338 | 96.2% | -68.9M USDGO | +3.0% | +11.4% | — | — | 2 |
 sUSDeEthena Staked USDe | Ethena | Non-bank company | app.ethena.fi | USD | Other stablecoins | 912.9M sUSDe | $1.2477 | — | 11,730 | 27.2% | -$41.2M | — | — | — | -0.6% | 2 |
 OUSDOpen USD | Open Standard, issued by Bridge | Non-bank company | — | USD | Cash & money-market | 880.1M OUSD | $0.9988 | ▼ 0.2% | 167 | 78.7% | +$52.1M | +32.0% | — | — | — | 4 |
 GHOGHO | Aave (GHO) | Protocol | aave.com | USD | Crypto collateral | 699.0M GHO | $0.9986 | 0.0% | 8,150 | 49.9% | $0 | -0.2% | +7.7% | +63.1% | +1.6% | 4 |
 A7A5A7A5 | Old Vector (A7A5) | Non-bank company | a7a5.kg | RUB | Cash & money-market | 47.1B A7A5≈ $566.4M | $0.0120 | ▼ 85.3% | 30,918 | 98.8% | — | — | — | — | +0.7% | 2 |
 USD0Usual USD | Usual | Protocol | — | USD | Own-token / algorithmic | 541.8M USD0 | $0.9985 | ▲ 0.1% | 123,134 | 0.4% | -$149.3K | -0.9% | -2.2% | -0.3% | -0.1% | 2 |
 USDtbUSDtb | Ethena, issued by Anchorage Digital | Trust company | anchorage.com | USD | Cash & money-market | 514.9M USDtb | $0.9997 | 0.0% | 293,744 | 70.8% | -$2.4M | -3.7% | +28.2% | -71.9% | 0.0% | 2 |
 EURCEuro Coin | Circle | Non-bank company | circle.com | EUR | Cash & money-market | 449.8M EURC≈ $503.3M | $1.1191 | ▲ 0.2% | 27,465 | 39.9% | -$3.3M | +6.1% | +10.4% | +84.7% | +3.9% | 10 +5Solana, Stellar, Ethereum, Avalanche, World Chain |
 TUSDTrueUSD | Techteryx (TrueUSD) | Non-bank company | tusd.io | USD | Credit & other RWA | 494.5M TUSD | $0.9992 | 0.0% | 338,518 | 92.0% | $0 | -0.2% | +0.3% | 0.0% | +0.7% | 4 |
 pUSDPolymarket USD | Polymarket (pUSD) | Protocol | docs.polymarket.com | USD | Other stablecoins | 477.2M pUSD | $1.0044 | ▼ 0.1% | — | — | -$17.8M | +0.6% | -1.4% | — | — | 1 |
 SOFIDSoFiUSD | SoFi | Bank | — | USD | Cash & money-market | 300.7M SOFID | $0.9991 | 0.0% | 238 | — | -$44.5M | -7.8% | -1.7% | — | — | 2 |
 FDUSDFirst Digital USD | First Digital Labs | Non-bank company | firstdigitallabs.com | USD | Cash & money-market | 300.4M FDUSD | $0.9967 | ▼ 0.1% | 4,328 | 96.9% | -$4.2M | -7.9% | -14.4% | -61.2% | +0.6% | 4 |
 apxUSDapxUSD | Apyx | Non-bank company | accountable.apyx.fi | USD | Credit & other RWA | 285.9M apxUSD | $0.9960 | ▲ 0.5% | 1,862 | 33.7% | -$3.2M | -8.7% | -5.5% | — | — | 1 |
