Stablecoins

Revenue-sharing institutional dollar; reserves via VanEck, custody at State Street.

Private-credit-backed RWA dollar targeting 8-12% APY.

Exchange-native yield-bearing dollar for Bitget users (launched May 2025).

Liquity V2 dollar with user-set borrow rates and wstETH/rETH collateral.

Non-custodial synthetic dollar where institutional agents generate yield via EigenLayer-secured restaking (contract TBD post-mainnet).

Curve's overcollateralized dollar using the LLAMMA soft-liquidation AMM.

Legacy Maker collateral-minted stablecoin.

Wound-down synthetic dollar (shut down Q1 2026 after the Stream Finance loss).

Flagship RToken dollar backed by a yield-bearing collateral basket.

Regulated euro e-money issued by Monerium hf. Redeemable at par via Web3 IBAN and banking rails.

Circle's regulated euro stablecoin, fully reserved and redeemable 1:1; MiCA-compliant EU e-money.

Universal-collateral synthetic dollar (top-10 by supply).

Hong Kong trust-custody dollar, BSC-primary; recovered partially from its April 2025 depeg.

Original hybrid algo-collateral Frax dollar (declining supply).

RWA-backed Frax dollar reserved in BlackRock BUIDL / Reg D structures.

Regulated pound e-money from Monerium hf.

Native Aave overcollateralized stablecoin minted by locking approved collateral via Aave lending markets.

Global Dollar Network stablecoin (Paxos), Solana-primary; fastest-growing.

First and only NYDFS-regulated Japanese yen stablecoin (winding down).

Inverse Finance belongs to the Stablecoin and Lending/Borrowing categories.

Regulated Icelandic króna e-money from Monerium hf, redeemable at par via SEPA/IBAN rails. No native yield (EEA e-money mandate).

Deposit JupUSD into Jupiter Lend Earn to receive jlJupUSD, which earns interest and incentives while staying liquid and usable as collateral. The yield-bearing counterpart to plain JupUSD.

Reserve-backed Solana stablecoin built with Ethena: ~90% USDtb (BlackRock BUIDL-backed) + 10% USDC buffer. Does not yield natively (compliance). Custody via Anchorage Digital and Porto.

Yield-bearing Paxos dollar, wound down in 2025.

Immutable zero-interest CDP dollar (Liquity V1), ETH-collateralized.

BNB Chain-native CDP dollar; collateral earns liquid-staking yield.

Modular institutional dollar designed as the underlying asset other stablecoin products build on, via a permissioned minter network.

Monerium's regulated US-dollar e-money, redeemable 1:1 via Web3 IBAN and banking rails. Strictly distinct from Ethena's synthetic USDe — same ticker, different issuer and mechanism.

Regulated daily-rebase T-bill dollar; winding down post Anchorage acquisition (collapsed from a ~$150M peak).

Paxos-native NYDFS-regulated USD stablecoin.

PayPal-branded dollar issued by Paxos on Ethereum, Solana and Arbitrum.

Original Reserve stablecoin (legacy).

Leveraged risk/insurance tranche that backstops USR (variable value).

Delta-neutral synthetic dollar; collapsed from a ~$700M peak after the March 2026 $23M private-key exploit.

Yield-distributing RToken on Ethereum, Arbitrum and Base.

rUSD — tracked via compiled coin integration.

Rebasing version of USDY favored by DeFi apps: the price stays pegged to $1.00 while the wallet balance rebases up daily to reflect accrued short-term-Treasury yield. A yield asset, not a flat fiat stablecoin.

Yield-bearing crvUSD savings wrapper (appreciating exchange rate).

GHO savings product: yield-bearing wrapper, not the stablecoin itself. New sGHO experience live May 2026; legacy savings rebranded StkGHO.

Stablecoin-as-a-service dollar from Stably, distinct from Sky USDS.

Yield-bearing USDz (appreciating exchange rate).

Wound-down staked deUSD.

Yield-bearing USDf (appreciating exchange rate).

Yield-bearing FRAX (appreciating exchange rate).

Yield-bearing USR (appreciating exchange rate).

Staked GHO in the Aave Safety Module / Umbrella backstop. Protects the protocol against severe liquidity shortfalls and bad debt, earning AAVE or secondary incentive rewards plus a GHO borrow-rate discount. The legacy staked-GHO position, distinct from the newer sGHO savings experience.

Expert-user yield from SKY-backed borrowing with dynamic utilization-based returns.

sUSD — tracked via compiled coin integration.

USD.AI is a yield-bearing synthetic dollar protocol bringing infrastructure finance (InfraFi) onchain. It is backed by overcollateralized compute loans. USD.AI enables infrastructure and AI operators to access non-dilutive credit while providing depositors with sustainable, asset-backed yield. Built by Permian Labs, USD.AI is backed by leading investors including Dragonfly, DCG, Delphi Ventures, Fintech Collective, Ethereal Ventures, and is incubated by Alliance DAO.

Staked USDe receipt token accruing protocol revenue. Savings asset, not a separate pegged stablecoin.

Yield-bearing USDS via Sky Savings Rate. Non-custodial wrapper with compounding exchange rate.

Tether belongs to the Stablecoin category.

Tokenized Australian Dollar from TrustToken. Facilitates regional trade, FX hedging, and localized margin lending.

Tokenized Canadian Dollar from TrustToken.

Tokenized British Pound from TrustToken. Offers localized fiat on/off-ramps for UK markets so users avoid USD conversion fees.

Tokenized Hong Kong Dollar from TrustToken.

Fiat-backed USD stablecoin with daily attestations and Chainlink Proof of Reserve. No native yield.

USD.AI is a yield-bearing synthetic dollar protocol bringing infrastructure finance (InfraFi) onchain. It is backed by overcollateralized compute loans. USD.AI enables infrastructure and AI operators to access non-dilutive credit while providing depositors with sustainable, asset-backed yield. Built by Permian Labs, USD.AI is backed by leading investors including Dragonfly, DCG, Delphi Ventures, Fintech Collective, Ethereal Ventures, and is incubated by Alliance DAO.

USDC is a faster, safer, and more efficient way to send, spend, and exchange money around the globe. Learn more about USDC today.

USDe — tracked via compiled coin integration.

Synthetic dollar pegged via delta-hedging BTC/ETH spot plus perp shorts and liquid stables. Not fiat-backed. Mint/redeem KYC-gated to market makers.

Synthetic USD stablecoin connecting on-chain liquidity to the Pleasing gold ecosystem. Peg model and custody unverified — confirm from official docs.

USDS — tracked via compiled coin integration.

Primary Sky dollar (DAI successor). ERC-20 with 1:1 USDC swap and base for sUSDS yield wrapper.

Deprecated legacy version of Stably's original USDS token, kept for backward compatibility and trading with very low liquidity after the rebrand to the unified Stably Dollar (SD).

The unified liquidity protocol bringing Tether’s stablecoin assets to the most popular blockchains.

Treasury-backed dollar distinct from synthetic USDe, backed by short-term Treasuries / BUIDL exposure.

USDY — tracked via compiled coin integration.

VeChain USD stablecoin developed by Stably, issued by Prime Trust.

NY-trust regulated USD stablecoin from GMO Trust.