Fondamentaux
Stablecoins
Tokens that aim to hold a fixed value against a reference currency. Outstanding supply says how many units exist — not what stands behind them, and not whether redemption works at scale.
Offre en dollars en circulation
Offre en dollars en circulation
$308.97B
Émetteurs indexés sur le dollar américain uniquement
Émetteurs suivis
Émetteurs suivis
80
Chains hébergeant l'offre
Chains hébergeant l'offre
40
Part du plus grand émetteur
Part du plus grand émetteur
59.3%
Tether
L'écart de peg est exprimé en points de base : 100 points de base correspondent à un pourcent. Quelques points de base dans un sens ou dans l'autre constituent du bruit de marché ordinaire. Ce qui importe, c'est un écart unilatéral et persistant, et non une lecture isolée.
01
Par émetteur
| # | Stablecoin | Mécanisme | Peg | En circulation | 24h | 7d | 30d | Prix | Écart |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Tether USDT | Fiat Backed | USD | $183.29B | +0.00% | +0.09% | -0.02% | $0.9997 | -3 bp |
| 2 | USD Coin USDC | Fiat Backed | USD | $73.72B | +0.23% | -0.21% | +2.44% | $0.9998 | -2 bp |
| 3 | Sky Dollar USDS | Crypto Backed | USD | $6.63B | -0.49% | +0.37% | +1.07% | $0.9999 | -1 bp |
| 4 | Dai DAI | Crypto Backed | USD | $4.76B | -0.75% | -0.54% | -0.93% | $1.0000 | +0 bp |
| 5 | Ethena USDe USDE | Crypto Backed | USD | $4.22B | +2.61% | +3.71% | +9.26% | $0.9995 | -5 bp |
| 6 | World Liberty Financial USD USD1 | Fiat Backed | USD | $4.21B | +0.00% | +3.33% | +4.95% | $0.9994 | -6 bp |
| 7 | Global Dollar USDG | Fiat Backed | USD | $3.16B | -3.50% | -4.79% | -5.78% | $1.0000 | +0 bp |
| 8 | PayPal USD PYUSD | Fiat Backed | USD | $2.79B | -3.17% | +0.78% | +3.33% | $0.9997 | -3 bp |
| 9 | BlackRock USD BUIDL | Fiat Backed | USD | $2.75B | -1.78% | -1.12% | +2.46% | $1.0000 | +0 bp |
| 10 | Circle USYC USYC | Fiat Backed | USD | $2.71B | -2.05% | -7.49% | -10.21% | $1.1358 | +1358 bp |
| 11 | Ripple USD RLUSD | Fiat Backed | USD | $2.40B | +5.95% | +15.36% | +63.83% | $1.0001 | +1 bp |
| 12 | Ondo US Dollar Yield USDY | Fiat Backed | USD | $2.18B | +0.04% | +0.06% | +1.39% | $1.1417 | +1417 bp |
| 13 | USDD USDD | Crypto Backed | USD | $1.51B | +6.50% | +10.19% | +10.15% | $0.9990 | -10 bp |
| 14 | United Stables U | Crypto Backed | USD | $1.28B | +0.39% | -0.13% | +16.09% | $0.9992 | -8 bp |
| 15 | USDGO USDGO | Fiat Backed | USD | $1.25B | +0.08% | +0.48% | +11.94% | $1.0002 | +2 bp |
| 16 | Falcon USD USDF | Crypto Backed | USD | $1.18B | +0.03% | +0.07% | -6.54% | $0.9962 | -38 bp |
| 17 | GHO GHO | Crypto Backed | USD | $698.13M | +0.00% | +0.00% | +7.70% | $0.9988 | -12 bp |
| 18 | USDX Money USDX USDX | Crypto Backed | USD | $683.44M | — | — | — | — | — |
| 19 | Usual USD USD0 | Fiat Backed | USD | $548.44M | -0.04% | -0.23% | -0.78% | $0.9988 | -12 bp |
| 20 | Ethena USDtb USDTB | Fiat Backed | USD | $528.77M | -0.07% | -0.26% | +31.79% | $0.9997 | -3 bp |
| 21 | Polymarket USD PUSD | Crypto Backed | USD | $504.23M | +2.75% | +5.07% | +2.04% | $0.9997 | -3 bp |
| 22 | TrueUSD TUSD | Fiat Backed | USD | $483.94M | +0.00% | +0.00% | +0.00% | $0.9989 | -11 bp |
| 23 | Multipli rwaUSDi RWAUSDI | Crypto Backed | USD | $476.24M | +0.98% | -2.40% | +34.11% | $0.9998 | -2 bp |
| 24 | EURC EURC | Fiat Backed | EUR | $471.62M | +5.35% | +4.33% | +3.25% | $1.1574 | +1574 bp |
| 25 | A7A5 A7A5 | Fiat Backed | RUB | $451.98M | +0.00% | +0.00% | +0.02% | — | — |
| 26 | YLDS YLDS | Fiat Backed | USD | $447.88M | +0.22% | -33.93% | -28.87% | $0.9998 | -2 bp |
| 27 | First Digital USD FDUSD | Fiat Backed | USD | $333.15M | -0.60% | -3.95% | -4.72% | $0.9985 | -15 bp |
| 28 | Gate USD GUSD | Fiat Backed | USD | $319.40M | +0.00% | +0.00% | +0.00% | $0.9981 | -19 bp |
| 29 | SoFiUSD SOFID | Fiat Backed | USD | $312.93M | -0.49% | -0.83% | — | $0.9990 | -10 bp |
| 30 | apxUSD APXUSD | Crypto Backed | USD | $310.84M | +0.00% | +0.03% | -0.02% | $0.9586 | -414 bp |
| 31 | crvUSD CRVUSD | Crypto Backed | USD | $284.32M | +0.29% | -6.80% | +25.69% | $0.9996 | -4 bp |
| 32 | Agora Dollar AUSD | Fiat Backed | USD | $275.93M | +5.22% | +17.62% | +5.89% | $0.9997 | -3 bp |
| 33 | Solstice USX USX | Crypto Backed | USD | $249.86M | +0.00% | -17.54% | -51.65% | $0.9995 | -5 bp |
| 34 | Binance Peg BUSD BUSD | Crypto Backed | USD | $232.81M | +0.00% | +0.00% | +0.00% | $0.9993 | -7 bp |
| 35 | USD.AI USDAI | Crypto Backed | USD | $228.58M | +0.42% | +32.20% | +41.76% | $0.9997 | -3 bp |
| 36 | Re Protocol reUSD REUSD | Crypto Backed | USD | $223.00M | +0.96% | +3.80% | +30.06% | $1.0973 | +973 bp |
| 37 | HUSD HUSD | Fiat Backed | USD | $192.31M | +0.00% | +0.00% | +0.00% | — | — |
| 38 | USAT USAT | Fiat Backed | USD | $184.22M | +0.00% | +0.00% | -0.63% | $0.9995 | -5 bp |
| 39 | M by M0 M | Fiat Backed | USD | $183.06M | +0.07% | -1.40% | -37.65% | — | — |
| 40 | EUR CoinVertible EURCV | Fiat Backed | EUR | $180.58M | +0.90% | +3.70% | +17.66% | $1.1574 | +1574 bp |
| 41 | flexUSD FLEXUSD | Crypto Backed | USD | $166.32M | +0.00% | +0.00% | +0.00% | $0.9998 | -2 bp |
| 42 | River Stablecoin SATUSD | Crypto Backed | USD | $158.30M | +0.03% | +0.00% | +0.00% | $0.9944 | -56 bp |
| 43 | Frax FRAX | Algorithmic | USD | $155.25M | -0.36% | -1.45% | -0.50% | $0.9909 | -91 bp |
| 44 | Mustang Finance MUST | Crypto Backed | USD | $154.36M | +0.00% | +0.00% | +0.01% | $0.9998 | -2 bp |
| 45 | Avalon USDa USDA | Crypto Backed | USD | $145.58M | +0.03% | +0.00% | -1.65% | — | — |
| 46 | Avant USD AVUSD | Fiat Backed | USD | $133.20M | +1.03% | +1.02% | +9.45% | $0.9990 | -10 bp |
| 47 | JPYSC JPYSC | Fiat Backed | JPY | $125.56M | +0.13% | +0.00% | +0.28% | $0.0062 | -9938 bp |
| 48 | CASH CASH | Fiat Backed | USD | $124.96M | +0.24% | +3.24% | +1.51% | $0.9994 | -6 bp |
| 49 | CFX MoveUSD MOVEUSD | Fiat Backed | USD | $113.93M | -1.20% | +1.28% | -0.07% | $0.9998 | -2 bp |
| 50 | Astherus USDF | Crypto Backed | USD | $113.74M | -0.60% | -0.28% | +1.04% | $0.9988 | -12 bp |
| 51 | Frax USD FRXUSD | Fiat Backed | USD | $108.48M | -0.36% | -1.80% | +4.82% | $0.9999 | -1 bp |
| 52 | Valtorum USD USDV | Fiat Backed | USD | $104.96M | +0.00% | +0.00% | -7.90% | — | — |
| 53 | Dola DOLA | Crypto Backed | USD | $102.55M | +0.00% | +0.00% | +1.96% | $0.9970 | -30 bp |
| 54 | Unity USD UUSD | Crypto Backed | USD | $99.95M | +0.00% | +0.00% | +0.00% | $0.9995 | -5 bp |
| 55 | US Permissionless Dollar USPD | Crypto Backed | USD | $98.93M | +20,499.77% | +27,559.94% | +30,766.83% | — | — |
| 56 | Cap cUSD CUSD | Crypto Backed | USD | $91.41M | +2.74% | +2.98% | +11.56% | $0.9999 | -1 bp |
| 57 | AP USDA USDA | Fiat Backed | USD | $82.67M | +0.00% | +0.00% | +0.00% | $0.9506 | -494 bp |
| 58 | fxUSD FXUSD | Crypto Backed | USD | $76.37M | +3.06% | +8.62% | +19.74% | $0.9998 | -2 bp |
| 59 | Cygnus Finance Global USD CGUSD | Fiat Backed | USD | $75.77M | +0.00% | +0.00% | +0.04% | $0.9944 | -56 bp |
| 60 | Lista USD LISUSD | Crypto Backed | USD | $75.02M | +0.00% | +0.02% | +0.08% | $0.9978 | -22 bp |
| 61 | Sui Dollar USDSUI | Fiat Backed | USD | $74.08M | +0.25% | -1.88% | +1.74% | $0.9997 | -3 bp |
| 62 | sUSD SUSD | Crypto Backed | USD | $69.84M | +0.06% | +33.17% | +33.17% | — | — |
| 63 | Ondo U.S. Dollar Token USDON | Fiat Backed | USD | $67.73M | +0.01% | -1.83% | -12.46% | $1.0000 | +0 bp |
| 64 | Saturn Dollar USDAT | Crypto Backed | USD | $67.25M | -3.15% | -28.77% | -37.12% | $0.9992 | -8 bp |
| 65 | Tori trUSD TRUSD | Crypto Backed | USD | $66.23M | +0.00% | +1.14% | +20.23% | $0.9996 | -4 bp |
| 66 | USP Stablecoin USP | Crypto Backed | USD | $65.43M | +0.00% | +0.00% | +0.00% | $0.9998 | -2 bp |
| 67 | MNEE USD MNEE | Fiat Backed | USD | $61.68M | +0.00% | -3.92% | -21.74% | — | — |
| 68 | StandX DUSD DUSD | Crypto Backed | USD | $60.46M | +0.01% | -0.08% | -26.13% | $0.9992 | -8 bp |
| 69 | Yuzu USD YZUSD | Crypto Backed | USD | $58.51M | -0.09% | -0.51% | +30.48% | $0.9994 | -6 bp |
| 70 | Neutrl USD NUSD | Crypto Backed | USD | $53.39M | +0.00% | +0.00% | -9.04% | — | — |
| 71 | USDKG USDKG | Fiat Backed | USD | $50.00M | +0.00% | +0.00% | +0.00% | $0.9999 | -1 bp |
| 72 | pmUSD PMUSD | Crypto Backed | USD | $49.76M | +0.00% | +0.00% | +0.00% | $0.5294 | -4706 bp |
| 73 | Fidelity Digital Dollar FIDD | Fiat Backed | USD | $49.27M | +0.00% | -0.60% | +0.83% | $0.9996 | -4 bp |
| 74 | JupUSD JUPUSD | Crypto Backed | USD | $48.25M | +0.00% | -0.10% | -8.66% | $0.9994 | -6 bp |
| 75 | infiniFi USD IUSD | Crypto Backed | USD | $48.23M | +3.08% | -0.31% | -7.35% | $0.9998 | -2 bp |
| 76 | Unitas USDU | Crypto Backed | USD | $44.34M | -8.11% | -4.89% | -16.40% | $0.9998 | -2 bp |
| 77 | Resupply USD REUSD | Crypto Backed | USD | $44.24M | +0.62% | +2.13% | +37.38% | $0.9894 | -106 bp |
| 78 | Frankencoin ZCHF | Crypto Backed | CHF | $42.75M | +0.06% | +1.57% | +1.60% | $1.2312 | +2312 bp |
| 79 | StraitsX XUSD XUSD | Fiat Backed | USD | $41.13M | -10.84% | +13.84% | -8.86% | $1.0000 | +0 bp |
| 80 | Gemini Dollar GUSD | Fiat Backed | USD | $39.32M | -0.56% | -0.90% | +1.68% | $0.9992 | -8 bp |
Non comptabilisé dans le total ci-dessus:
offre indexée sur une devise autre que le dollar américain. L'intégrer à un total en dollars constituerait une erreur d'unité ; elle est donc listée séparément:
EUR — 796.00M unités au total 16 émetteurs; RUB — 453.95M unités au total 2 émetteurs; JPY — 146.74M unités au total 3 émetteurs; CHF — 45.58M unités au total 2 émetteurs; GBP — 26.96M unités au total 1 émetteurs; REAL — 26.29M unités au total 2 émetteurs; AUD — 14.00M unités au total 3 émetteurs; SGD — 12.92M unités au total 1 émetteurs; VAR — 11.02M unités au total 3 émetteurs; ARS — 8.12M unités au total 1 émetteurs; TRY — 6.90M unités au total 1 émetteurs; PHP — 3.60M unités au total 1 émetteurs; CNY — 3.05M unités au total 1 émetteurs; CAD — 2.94M unités au total 2 émetteurs; MXN — 1.15M unités au total 1 émetteurs.
02
Par mécanisme
Comment le peg est censé se maintenir. Fiat-backed signifie des réserves détenues hors chaîne par un émetteur ; crypto-backed désigne des positions sur chaîne sur-collatéralisées ; algorithmique signifie que le peg repose sur un mécanisme de marché plutôt que sur des actifs mis de côté.
Fiat Backed (143)
$285.31B
Crypto Backed (251)
$26.23B
Algorithmic (26)
$278.17M
Crytpo Backed (1)
$2.51M
03
Par chain
où l'offre se trouve réellement
| Chain | Supply hébergée | Partager | Émetteurs |
|---|---|---|---|
| Ethereum | $149.51B | 48.4% | 230 |
| Tron | $93.75B | 30.3% | 19 |
| BSC | $17.76B | 5.7% | 78 |
| Solana | $15.90B | 5.1% | 69 |
| Hyperliquid L1 | $6.85B | 2.2% | 20 |
| Base | $5.01B | 1.6% | 80 |
| Arbitrum | $3.85B | 1.2% | 81 |
| Polygon | $3.65B | 1.2% | 79 |
| X Layer | $1.79B | 0.6% | 9 |
| Avalanche | $1.61B | 0.5% | 52 |
| Aptos | $1.21B | 0.4% | 7 |
| XRPL | $1.14B | 0.4% | 9 |
| Plasma | $917.25M | 0.3% | 12 |
| Stellar | $883.05M | 0.3% | 14 |
| Robinhood Chain | $833.70M | 0.3% | 4 |
| Monad | $788.94M | 0.3% | 25 |
| TON | $758.15M | 0.2% | 3 |
| Mantle | $580.45M | 0.2% | 7 |
| OP Mainnet | $501.40M | 0.2% | 44 |
| Provenance | $422.71M | 0.1% | 1 |
| Sui | $415.80M | 0.1% | 8 |
| Fantom | $339.01M | 0.1% | 18 |
| Sei | $302.71M | 0.1% | 11 |
| Kaia | $216.10M | 0.1% | 7 |
| Cronos | $188.31M | 0.1% | 4 |
| Ink | $173.11M | 0.1% | 9 |
| Saga | $164.75M | 0.1% | 2 |
| Sonic | $153.99M | 0.0% | 15 |
| Starknet | $149.99M | 0.0% | 6 |
| Celo | $135.80M | 0.0% | 23 |
| Near | $105.24M | 0.0% | 7 |
| Noble | $104.16M | 0.0% | 5 |
| Omni | $80.02M | 0.0% | 1 |
| Kava | $79.04M | 0.0% | 7 |
| Tempo | $74.01M | 0.0% | 13 |
| smartBCH | $73.75M | 0.0% | 1 |
| XDC | $73.36M | 0.0% | 4 |
| Flow | $73.17M | 0.0% | 3 |
| Berachain | $70.35M | 0.0% | 13 |
| Polkadot | $68.63M | 0.0% | 2 |