The Stablecoins to Be Aware Of

USDC

USDC

A fully reserved, regulated USD-backed stablecoin issued by Circle, designed for fast and low-cost global transactions.

USDT

USDT

The most widely used stablecoin, pegged 1:1 to the U.S. dollar and issued by Tether.

PYUSD

PYUSD

A U.S. dollar-backed stablecoin issued by Paxos Trust Company and launched by PayPal.

USDY

USDY

A stablecoin by Ondo Finance, offering tokenized exposure to U.S. Treasuries, providing yield to holders.

RLUSD

RLUSD

A fiat-backed stablecoin issued by Ripple, aiming to bring compliance and liquidity into onchain financial applications.

GHO

GHO

A decentralized and overcollateralized stablecoin native to the Aave Protocol.

frxUSD

frxUSD

A stablecoin issued by FRAX that is partially backed by collateral and stabilized algorithmically.

TUSD

TUSD

A U.S. dollar-backed stablecoin issued by TrueUSD, with real-time attestations of reserves.

PAXG

PAXG

A gold-backed token issued by Paxos, where each token represents one fine troy ounce of London Good Delivery gold.

USD*

USD*

USD* is a unified liquidity token that combines USDC, USDT, and PYUSD into a single asset.

USDD

USDD

A decentralized stablecoin on the TRON blockchain, aiming to maintain its peg through algorithmic mechanisms.

USDe

USDe

A yield-bearing stablecoin issued by Ethena Labs, maintaining its peg through delta-neutral strategies.

USDS

USDS

A fiat-backed stablecoin that powers the Sky ecosystem, issued by MakerDAO and formally known as DAI.

FDUSD

FDUSD

A U.S. dollar-pegged stablecoin issued by First Digital Labs, fully backed by cash or equivalents held in regulated accounts.

USD1

USD1

A fiat-backed stablecoin by World Liberty Financial, with backing from U.S. Treasuries and cash equivalents.

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