Crypto Prices

Stablecoins are virtual assets designed to maintain a relatively stable value compared to more volatile assets like Bitcoin. They can be pegged to fiat currencies (such as USD), commodities like gold, or supported by virtual asset collateral.
By reducing price volatility, stablecoins are widely used for trading, liquidity management, cross-border payments, and participation in DeFi.

Stablecoins maintain price stability through different backing models.

• Fiat-backed stablecoins are generally supported 1:1 by reserves such as cash or short-term government securities, helping keep the stablecoin price aligned with its peg.
• Virtual asset-backed stablecoins use overcollateralised virtual assets to absorb volatility.
• Commodity-backed stablecoins, such as gold-backed tokens, derive value from physical reserves.

Stablecoin prices are typically designed to track the value of an underlying asset. Most stablecoins are pegged to fiat currencies such as the US dollar, but some are backed by commodities like gold or by virtual asset collateral. Because of this peg mechanism, a stable coin price usually stays close to its reference asset (for example, $1 for USD-backed stablecoins), with minor fluctuations based on supply, demand, and market liquidity.

The top stablecoins today are ranked based on their market capitalization and circulating supply. This stablecoins list updates in real time and typically includes virtual assets like USDC, USD1, and DAI.

You can track live stablecoin prices, 24-hour changes, trading volume, and market cap directly on this page. Data is updated continuously to reflect current market activity.

The largest stablecoin by market cap is the one with the highest total circulating value in the market. Market cap is calculated by multiplying the stable coin price by its circulating supply. The rankings can shift as new stablecoins gain adoption or as supply expands or contracts.

A stable coin is commonly used to:

• Hedge against crypto market volatility
• Transfer value between exchanges
• Access DeFi protocols
• Facilitate global payments
• Maintain liquidity in trading strategies

The stablecoin market cap represents the combined total value of all stablecoins currently in circulation. It is often viewed as an indicator of liquidity within the broader crypto market. Changes in stablecoin market cap can reflect capital inflows, increased trading activity, or shifts in investor sentiment. You can track stablecoin market cap trends in real time on this page.