FORESHOCK

Stablecoins

Circulating supply and backing mechanism as tracked by DeFiLlama, read on 2026-10-19. Stablecoins listed: 50, each over $100M in circulation.

StablecoinBackingCirculating
USDT Tetherfiat-backed$183.45B
USDC USD Coinfiat-backed$72.50B
USDS Sky Dollarcrypto-backed$7.01B
DAI Daicrypto-backed$4.71B
USDe Ethena USDecrypto-backed$4.68B
USD1 World Liberty Financial USDfiat-backed$4.03B
USDG Global Dollarfiat-backed$3.03B
PYUSD PayPal USDfiat-backed$2.81B
RLUSD Ripple USDfiat-backed$2.43B
BUIDL BlackRock USDfiat-backed$2.17B
USDD USDDcrypto-backed$1.77B
USDf Falcon USDcrypto-backed$1.72B
U United Stablescrypto-backed$1.58B
USDGO USDGOfiat-backed$1.28B
OUSD Open USDfiat-backed$823.6M
GHO GHOcrypto-backed$698.4M
USDX USDX Money USDXcrypto-backed$683.4M
A7A5 A7A5fiat-backed$554.2M
USD0 Usual USDfiat-backed$541.0M
USDTB Ethena USDtbfiat-backed$517.5M
YLDS YLDSfiat-backed$502.2M
pUSD Polymarket USDcrypto-backed$493.6M
EURC EURCfiat-backed$491.6M
rwaUSDi Multipli rwaUSDicrypto-backed$487.4M
TUSD TrueUSDfiat-backed$484.0M
SOFID SoFiUSDfiat-backed$358.2M
GUSD Gate USDfiat-backed$319.3M
FDUSD First Digital USDfiat-backed$305.2M
apxUSD apxUSDcrypto-backed$284.7M
USDai USD.AIcrypto-backed$261.4M
crvUSD crvUSDcrypto-backed$242.1M
BUSD Binance Peg BUSDcrypto-backed$233.0M
AUSD Agora Dollarfiat-backed$214.1M
USX Solstice USXcrypto-backed$209.3M
M M by M0fiat-backed$208.7M
HUSD HUSDfiat-backed$192.3M
EURCV EUR CoinVertiblefiat-backed$187.8M
USAT USATfiat-backed$183.1M
FLEXUSD flexUSDcrypto-backed$166.3M
MUST Mustang Financecrypto-backed$154.4M
FRAX Fraxalgorithmic$148.8M
USDA Avalon USDacrypto-backed$145.6M
JPYSC JPYSCfiat-backed$128.8M
CASH CASHfiat-backed$126.7M
satUSD River Stablecoincrypto-backed$124.7M
avUSD Avant USDfiat-backed$120.0M
MOVEUSD CFX MoveUSDfiat-backed$118.3M
DOLA Dolacrypto-backed$112.7M
USDF Astheruscrypto-backed$111.3M
USDAT Saturn Dollarcrypto-backed$102.9M

Source: DeFiLlama stablecoins.