USD
USD-backed stablecoins: digital tokens pegged 1:1 to the US Dollar.
Top gainers this week
Top losers this week
7 days at the top this week: $USDC is dominating the category
Up 85 places this week, $USDT.z is gaining ground
$USDC +62 places this week
Down 47 places this week, $USDM is losing steam
$BACKED sank to a 5 gem score this week
$USDC · 76 gem score this week
121 tokens rose and 35 fell this week
Down 55 places this month, $USDX is losing steam
@radkoGovernance+3•17Can't wait for $BUIDL to actively trade on Uniswap $UNI
@panteoGovernance+3•13The noise around $USDe obscures its actual engineering. $ENA is tackling a core DeFi problem: generating sustainable, scalable, censorship-resistant yield on a synthetic dollar. They hedge derivatives to manage delta, a complex but potentially robust model.
Most fixate on the risks, ignoring the friction this solves for capital efficiency. Its long-term impact on stablecoin architecture is underestimated, currently mispriced.
@KingInTheNorthUSD•6$USDT is a gem!
The alpha and omega of stable coins- @KingInTheNorthUSD•3
I want to buy some $USDt but a quick question for all, will USDT go beyond $1?
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Holder Distribution ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
USD CoinUSDC | $0.9992 | -0.0% | -0.1% | -0.1% | $11.77M | $203,131 | 76.17 | 160,872 | 0.5281 | – | |
Tether USDUSDT | $0.9986 | -0.0% | -0.1% | -0.1% | $9.18B | $2.18B | 75.7 | USD+1 | 82.62M | 0.4965 | – |
USD CoinUSDC | $0.9993 | -0.0% | -0.1% | -0.1% | $71.94B | $20.93M | 75.69 | 5.00M | 0.4958 | – | |
(PoS) Tether USDUSDT | $0.9984 | -0.1% | -0.1% | -0.2% | $3.20B | $20.16M | 75.27 | 7.87M | 0.4695 | – | |
USD Base CoinUSDbC | $0.9992 | -0.0% | -0.1% | -0.1% | $5.33M | $247,773 | 75.21 | USD+1 | 664,675 | 0.4656 | – |
Tether USDUSDT | $0.9987 | -0.0% | -0.1% | -0.1% | $29.63M | $36.76M | 75.2 | 634,103 | 0.4648 | – | |
USD CoinUSDC | $0.9993 | -0.0% | -0.1% | -0.1% | $76.13B | $962.77M | 75.12 | 9.25M | 0.4597 | – | |
USD CoinUSDC | $0.9993 | -0.0% | -0.1% | -0.1% | $72.11B | $513.91M | 75.04 | 9.11M | 0.4548 | – | |
USD Coin (Arb1)USDC | $0.9992 | -0.0% | -0.1% | -0.1% | $46.21M | $1.60M | 74.97 | USD+1 | 630,782 | 0.4505 | – |
Dai StablecoinDAI | $0.001075 | -3.6% | -1.8% | -48.6% | $47.45M | $180,908 | 74.73 | USD+1 | 65,283 | 0.7578 | – |
USD CoinUSDC | $0.9993 | -0.0% | -0.1% | -0.1% | $72.65B | $10.85M | 74.69 | 625,834 | 0.4334 | – | |
Polymarket USDpUSD | $0.9996 | -0.0% | 0.0% | -0.0% | $174.24M | $8,881 | 74.66 | 1.16M | 0.5457 | – | |
USD CoinUSDC | $0.9993 | -0.0% | -0.1% | -0.1% | $72.51B | $136.26M | 74.59 | 5.70M | 0.4267 | – | |
BUSD TokenBUSD | $0.9965 | -0.1% | -0.2% | -0.4% | $283.19M | $1.16M | 74.51 | USD+2 | 3.79M | 0.4228 | – |
Tether USDUSDT | $0.9984 | -0.1% | -0.1% | -0.2% | $3.20B | $26.18M | 74.15 | USD+1 | 4.17M | 0.4005 | – |
USD CoinUSDC | $0.9993 | -0.0% | -0.1% | -0.1% | $72.01B | $693.16M | 73.61 | 11.84M | 0.3682 | – | |
Tether USDUSDT.e | $0.9986 | -0.0% | -0.1% | -0.1% | $16.85M | $51,053 | 73.6 | 93,634 | 0.3814 | – | |
Tether USDUSDT | $0.9986 | -0.0% | -0.1% | -0.1% | $182.83B | $311.41M | 73.54 | 15.35M | 0.3642 | – | |
USD CoinUSDC.e | $0.9992 | -0.0% | -0.1% | -0.1% | $31.14M | $68,133 | 73.18 | USD+1 | 93,450 | 0.3434 | – |
USDCUSDC | $0.9992 | -0.0% | -0.1% | -0.1% | $22.35M | $358,916 | 73.02 | 441,425 | 0.3347 | – | |
USD CoinUSDC | $0.9993 | -0.0% | -0.1% | -0.1% | $1.59B | $80.86M | 72.95 | 5.09M | 0.33 | – | |
USD CoinUSDC | $0.9993 | -0.0% | -0.1% | -0.1% | $72.06B | $40.99M | 72.75 | 1.18M | 0.3186 | – | |
USDTUSDT | $0.9986 | -0.0% | -0.1% | -0.1% | $189.31B | $53.98M | 72.68 | 3.04M | 0.3146 | – | |
Aave Ethereum USDCaEthUSDC | $0.9993 | -0.0% | -0.1% | -0.1% | $2.12B | $2,175 | 72.39 | USD+1 | 28,924 | 0.6332 | – |
Tether USDUSDT | $0.9986 | -0.0% | -0.1% | -0.1% | $7.79M | $68,081 | 72.16 | 200,746 | 0.2863 | – |
Frequently asked questions
How has USD performed recently?
The USD stablecoin category shows mixed activity. Over seven days, Stables Labs USDX (USDX) experienced a significant climb with a 109.7% score percentage increase, while USD Coin (USDC) on chain 0x171 was a notable faller with a -55.8% score percentage decrease. Dai Stablecoin (DAI) registered the highest score at 77.7331 during this period. On a thirty-day view, Tether USD (USDT) on chain 0x38 and Dai Stablecoin (DAI) were among the top climbers. Conversely, USD Coin (USDC) on chain 0x171 again featured as a significant faller, declining by -45.5% in score percentage. USD Coin (USDC) held a three-day streak as a leader in both the seven-day and thirty-day windows, indicating consistent positive momentum. Dai Stablecoin (DAI) achieved the highest score over thirty days at 79.0683, and was also a top-k exit in the seven-day window, suggesting dynamic movement. The overall breadth of the category shows more tokens moving up than down in the seven-day window (100 up vs. 55 down), while the thirty-day window had a slightly more balanced spread (94 up vs. 61 down).
What are USD-backed stablecoins?
USD-backed stablecoins are a type of cryptocurrency designed to maintain a stable value by being pegged 1:1 to the US Dollar. For every stablecoin in circulation, there is typically an equivalent amount of USD held in reserve.
How do USD-backed stablecoins maintain their peg?
These stablecoins maintain their peg through reserves. Issuers hold an equivalent amount of US dollars (or cash equivalents) in audited bank accounts, which can be redeemed by stablecoin holders.
What are the primary uses of USD-backed stablecoins?
USD-backed stablecoins are widely used for trading, remittances, and as a safe haven during cryptocurrency market volatility. They offer the stability of the US dollar with the efficiency of blockchain technology.
Are USD-backed stablecoins regulated?
The regulatory landscape for USD-backed stablecoins is evolving across different jurisdictions. Some stablecoin issuers undergo regular audits and adhere to specific financial regulations to ensure transparency and stability of their reserves.
What are the risks associated with USD-backed stablecoins?
Risks include the potential for de-pegging if reserves are insufficient or mismanaged, regulatory uncertainty, and counterparty risk with the issuing entity. It's important to research the issuer's transparency and reserve auditing practices.