Stablecoins
Pegged dollar and euro assets on Arbitrum: peg health, circulating supply, and protocol metadata. 70 protocols tracked.
Tracked
61 USD · 2 EUR
Aggregate supply
Live via Alchemy
Avg peg deviation
Peg targets
Multi-currency
| Protocol | Symbol | Issuer | Peg | Circulating supply | Peg target | Links |
|---|---|---|---|---|---|---|
Revenue-sharing institutional dollar; reserves via VanEck, custody at State Street. | AUSD | Agora | $1.00000 bps | $100.6K | USD | |
Private-credit-backed RWA dollar targeting 8-12% APY. | USDz | Anzen Finance | $0.9558442 bps | $8.0M | USD | |
Exchange-native yield-bearing dollar for Bitget users (launched May 2025). | BGUSD | Bitget | $—— | — | USD | |
Liquity V2 dollar with user-set borrow rates and wstETH/rETH collateral. | BOLD | Liquity | $1.00077 bps | $30.3M | USD | |
Non-custodial synthetic dollar where institutional agents generate yield via EigenLayer-secured restaking (contract TBD post-mainnet). | cUSD | Cap | $0.99991 bps | $89.1M | USD | |
Curve's overcollateralized dollar using the LLAMMA soft-liquidation AMM. | crvUSD | Curve Finance | $0.99982 bps | $1.1M | USD | |
Legacy Maker collateral-minted stablecoin. | DAI | Sky | $1.00000 bps | $4.78B | USD | |
Wound-down synthetic dollar (shut down Q1 2026 after the Stream Finance loss). | deUSD | Elixir | $0.000010000 bps | $92.2M | USD | |
Flagship RToken dollar backed by a yield-bearing collateral basket. | eUSD | Reserve Protocol | $0.99937 bps | $60.9K | USD | |
Regulated euro e-money issued by Monerium hf. Redeemable at par via Web3 IBAN and banking rails. | EURe | Monerium | €0.998812 bps | €28.5M | EUR | |
Circle's regulated euro stablecoin, fully reserved and redeemable 1:1; MiCA-compliant EU e-money. | EURC | Circle | €1.00011 bps | €386.4M | EUR | |
Universal-collateral synthetic dollar (top-10 by supply). | USDf | Falcon Finance | $0.996139 bps | $1.18B | USD | |
Hong Kong trust-custody dollar, BSC-primary; recovered partially from its April 2025 depeg. | FDUSD | First Digital | $0.998317 bps | $44.7K | USD | |
Original hybrid algo-collateral Frax dollar (declining supply). | FRAX | Frax Finance | $0.991486 bps | $1.9M | USD | |
RWA-backed Frax dollar reserved in BlackRock BUIDL / Reg D structures. | frxUSD | Frax Finance | $1.00011 bps | $2.8K | USD | |
Regulated pound e-money from Monerium hf. | GBPe | Monerium | £1.007070 bps | — | GBP | |
Native Aave overcollateralized stablecoin minted by locking approved collateral via Aave lending markets. | GHO | Aave | $0.998713 bps | $50.7M | USD | |
Global Dollar Network stablecoin (Paxos), Solana-primary; fastest-growing. | USDG | Paxos | $1.00000 bps | $3.32B | USD | |
First and only NYDFS-regulated Japanese yen stablecoin (winding down). | GYEN | GMO-Z.com Trust Company | ¥0.99937 bps | ¥1.5M | JPY | |
Inverse Finance belongs to the Stablecoin and Lending/Borrowing categories. | DOLA | — | $0.997426 bps | $1.9M | USD | |
Regulated Icelandic króna e-money from Monerium hf, redeemable at par via SEPA/IBAN rails. No native yield (EEA e-money mandate). | ISKe | Monerium | kr—— | — | ISK | |
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. | jlJUPUSD | Jupiter | $—— | — | USD | |
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. | JUPUSD | Jupiter | $1.00000 bps | $48.4M | USD | |
Yield-bearing Paxos dollar, wound down in 2025. | USDL | Paxos | $—— | — | USD | |
Immutable zero-interest CDP dollar (Liquity V1), ETH-collateralized. | LUSD | Liquity | $1.0105105 bps | $183.3K | USD | |
BNB Chain-native CDP dollar; collateral earns liquid-staking yield. | lisUSD | Lista DAO | $0.998713 bps | $75.2M | USD | |
Modular institutional dollar designed as the underlying asset other stablecoin products build on, via a permissioned minter network. | M | M^0 Foundation | $1.00000 bps | $88.4K | USD | |
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. | USDe | Monerium | $—— | — | USD | |
Regulated daily-rebase T-bill dollar; winding down post Anchorage acquisition (collapsed from a ~$150M peak). | USDM | Mountain Protocol | $0.99964 bps | $47.3K | USD | |
Paxos-native NYDFS-regulated USD stablecoin. | USDP | Paxos | $0.998614 bps | $29.2M | USD | |
PayPal-branded dollar issued by Paxos on Ethereum, Solana and Arbitrum. | PYUSD | Paxos | $0.99991 bps | $221.2M | USD | |
Original Reserve stablecoin (legacy). | RSV | Reserve Protocol | $0.99991 bps | $204.2K | USD | |
Leveraged risk/insurance tranche that backstops USR (variable value). | RLP | Resolv Labs | $0.14878513 bps | $80.7K | USD | |
Delta-neutral synthetic dollar; collapsed from a ~$700M peak after the March 2026 $23M private-key exploit. | USR | Resolv Labs | $0.12228778 bps | $887 | USD | |
Yield-distributing RToken on Ethereum, Arbitrum and Base. | rgUSD | Reserve Protocol | $0.99991 bps | $10.9K | USD | |
rUSD — tracked via compiled coin integration. | rUSD | Reserve Protocol | $1.001515 bps | $10 | USD | |
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. | rUSDY | Ondo Finance | $—— | — | USD | |
Yield-bearing crvUSD savings wrapper (appreciating exchange rate). | scrvUSD | Curve (crvUSD) | $1.10601060 bps | — | USD | |
GHO savings product: yield-bearing wrapper, not the stablecoin itself. New sGHO experience live May 2026; legacy savings rebranded StkGHO. | sGHO | Aave | $—— | — | USD | |
Stablecoin-as-a-service dollar from Stably, distinct from Sky USDS. | USDS.s | Stably | $—— | — | USD | |
Yield-bearing USDz (appreciating exchange rate). | sUSDz | Anzen Finance | $1.20312031 bps | $1 | USD | |
Wound-down staked deUSD. | sdeUSD | Elixir | $—— | — | USD | |
Yield-bearing USDf (appreciating exchange rate). | sUSDf | Falcon Finance | $—— | — | USD | |
Yield-bearing FRAX (appreciating exchange rate). | sFRAX | Frax Finance | $—— | — | USD | |
Yield-bearing USR (appreciating exchange rate). | stUSR | Resolv Labs | $—— | — | USD | |
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. | stkGHO | Aave | $—— | — | USD | |
Expert-user yield from SKY-backed borrowing with dynamic utilization-based returns. | stUSDS | Sky | $—— | — | USD | |
sUSD — tracked via compiled coin integration. | sUSD | Synthetix | $0.23197681 bps | — | USD | |
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. | sUSDai | USD.AI | $1.10331033 bps | $203.7M | USD | |
Staked USDe receipt token accruing protocol revenue. Savings asset, not a separate pegged stablecoin. | sUSDe | Ethena | $1.24332433 bps | $1.8M | USD | |
Yield-bearing USDS via Sky Savings Rate. Non-custodial wrapper with compounding exchange rate. | sUSDS | Sky | $1.10611061 bps | $327.0M | USD | |
Tether belongs to the Stablecoin category. | USDT | — | $0.99982 bps | $183.23B | USD | |
Tokenized Australian Dollar from TrustToken. Facilitates regional trade, FX hedging, and localized margin lending. | TAUD | TrueUSD | A$—— | — | AUD | |
Tokenized Canadian Dollar from TrustToken. | TCAD | TrueUSD | C$—— | — | CAD | |
Tokenized British Pound from TrustToken. Offers localized fiat on/off-ramps for UK markets so users avoid USD conversion fees. | TGBP | TrueUSD | £—— | — | GBP | |
Tokenized Hong Kong Dollar from TrustToken. | THKD | TrueUSD | HK$—— | — | HKD | |
Fiat-backed USD stablecoin with daily attestations and Chainlink Proof of Reserve. No native yield. | TUSD | TrueUSD | $0.998218 bps | $484.5M | USD | |
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. | USDAI | USD.AI | $1.00000 bps | $173.3M | USD | |
USDC is a faster, safer, and more efficient way to send, spend, and exchange money around the globe. Learn more about USDC today. | USDC | Circle | $0.99991 bps | $2.66B | USD | |
USDe — tracked via compiled coin integration. | USDe | Ethena | $1.00033 bps | $1.8M | USD | |
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. | USDe | Ethena | $0.99973 bps | $1.8M | USD | |
Synthetic USD stablecoin connecting on-chain liquidity to the Pleasing gold ecosystem. Peg model and custody unverified — confirm from official docs. | USDpm | Pleasing Market | $1.00000 bps | $644.4K | USD | |
Primary Sky dollar (DAI successor). ERC-20 with 1:1 USDC swap and base for sUSDS yield wrapper. | USDS | Sky | $0.99991 bps | $99.8M | USD | |
USDS — tracked via compiled coin integration. | USDS | Sky | $1.00011 bps | $99.8M | USD | |
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). | USDSC | Stably | $—— | — | USD | |
The unified liquidity protocol bringing Tether’s stablecoin assets to the most popular blockchains. | USDT0 | — | $0.99964 bps | $840.4M | USD | |
Treasury-backed dollar distinct from synthetic USDe, backed by short-term Treasuries / BUIDL exposure. | USDtb | Ethena | $0.99973 bps | $333.6M | USD | |
USDY — tracked via compiled coin integration. | USDY | Ondo Finance | $1.13601360 bps | $3.2M | USD | |
VeChain USD stablecoin developed by Stably, issued by Prime Trust. | VeUSD | Stably | $—— | — | USD | |
NY-trust regulated USD stablecoin from GMO Trust. | ZUSD | GMO-Z.com Trust Company | $0.99991 bps | $726.8K | USD |