Top stablecoins by market cap
All prices →| # | Coin | Price | Peg | Market cap |
|---|---|---|---|---|
| 1 | Tether USDT | $0.9992 | On peg | $180.0B |
| 2 | USD Coin USDC | $0.9999 | On peg | $71.8B |
| 3 | USDS USDS | $1.0000 | On peg | $9.6B |
| 4 | Dai DAI | $1.0000 | On peg | $4.5B |
| 5 | Ethena USDe USDE | $0.9990 | On peg | $4.5B |
| 6 | USD1 USD1 | $0.9982 | On peg | $3.9B |
| 7 | Global Dollar USDG | $1.0000 | On peg | $3.0B |
| 8 | PayPal USD PYUSD | $1.0000 | On peg | $2.8B |
| 9 | Ripple USD RLUSD | $1.0000 | On peg | $2.4B |
| 10 | Falcon USD USDF | $0.9901 | Watch | $1.8B |
Prices refresh about every 15 minutes. Peg compares the price with $1.00 (on peg is within 0.5%). Reported 24h volume is exchange trading activity, not payment or settlement volume. Market data: CoinGecko.
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Market data
Prices, supply and how coins compare.
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Who issues, trades, holds and moves stablecoins.
Use cases
How businesses actually use stablecoins.
Rules and learning
Regulation explained and the basics.
Peg watch: last 90 days
A stablecoin is only useful if it holds its value. For each of the largest coins we count how many of the last 90 days its price closed within 0.5% of $1.00, and the single widest gap in that period.
Daily prices from CoinGecko, refreshed every 24 hours. Past stability does not guarantee future stability.
| Coin | Days within 0.5% | Widest gap |
|---|---|---|
| Global DollarUSDG | 100.0% | 0.05% |
| DaiDAI | 100.0% | 0.06% |
| USD CoinUSDC | 100.0% | 0.10% |
| Ripple USDRLUSD | 100.0% | 0.10% |
| TetherUSDT | 100.0% | 0.18% |
| USD1USD1 | 100.0% | 0.26% |
| PayPal USDPYUSD | 100.0% | 0.26% |
| Ethena USDeUSDE | 100.0% | 0.28% |
| USDSUSDS | 100.0% | 0.32% |
| Falcon USDUSDF | 80.0% | 0.95% |
Stablecoin basics
Read the full guide →What is a stablecoin?
A stablecoin is a cryptocurrency designed to hold a steady value, most often one US dollar. Issuers aim to do this with reserves of cash and short-term government debt, with crypto collateral, or with an algorithmic mechanism.
How big is the stablecoin market?
The stablecoins tracked on StableCoin.com have a combined market capitalization of about $289.4B, led by USDT with roughly 62% of that total. Market capitalization here means circulating supply multiplied by price, as reported by CoinGecko.
What are the main types of stablecoin?
Fiat-backed coins such as USDT and USDC hold reserves in traditional assets. Crypto-backed coins such as DAI and USDS are overcollateralized with other digital assets. Synthetic or algorithmic designs such as USDe use hedging or supply rules to track the dollar.
What does "on peg" mean?
A stablecoin is on peg when its market price stays close to its target, usually $1.00. This site marks a coin on peg within 0.5% of $1.00 and reports the share of the last 90 days it stayed inside that band.
Are stablecoins regulated?
Rules vary by country. In the United States the GENIUS Act, signed into law on July 18, 2025, created a federal framework for payment stablecoins. Stablecoins do not replace KYC, banking, or compliance obligations, and nothing here is financial, legal, or tax advice.
Where does the data come from?
Prices, market capitalization, and reported 24-hour volume come from CoinGecko and refresh about every 15 minutes. Reported volume is trading activity on exchanges, not payment or settlement volume.
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