What are the largest US-dollar stablecoins right now?
The five largest dollar stablecoins in our data are USDT ($183.4B), USDC ($74.7B), USDS ($6.6B), DAI ($4.8B), USDE ($4.4B). Together the 100 listed here hold about $304.4B; the two largest alone account for 85% of it.
Dollar stablecoins differ in what backs them (cash and T-bills, crypto collateral, or a trading strategy), in who can mint and redeem them, and in whether they pay anything. Circulation is the most direct measure of how widely one is used. Figures are refreshed daily from DefiLlama’s open stablecoin data and the issuers we track directly; the top 100 are shown.
Figures from our live dataset · page generated 2026-10-17 · not investment advice
| Token | Issuer | Yield / return | Minimum | KYC to buy | Chain |
|---|---|---|---|---|---|
| USDT Tether | Tether | No yield | — | No KYC on a DEX | Tron / Ethereum / BSC (+127) |
| USDC USD Coin | Circle | No yield | — | No KYC on a DEX | Ethereum / Solana / Hyperliquid L1 (+152) |
| USDS Sky Dollar | Sky (formerly MakerDAO) | No yield | — | No KYC on a DEX | Ethereum / Arbitrum / Solana (+4) |
| DAI Dai | Sky (formerly MakerDAO) | No yield | — | No KYC on a DEX | Ethereum / Polygon / Fantom (+46) |
| USDE Ethena USDe | — | No yield | — | Not stated | Ethereum / Solana / Base (+28) |
| USD1 World Liberty Financial USD | — | No yield | — | Not stated | Ethereum / BSC / Solana (+5) |
| USDG Global Dollar | Paxos (Global Dollar Network) | No yield | — | No KYC on a DEX | X Layer / Robinhood Chain / Solana (+3) |
| PYUSD PayPal USD | Paxos (for PayPal) | No yield | — | No KYC on a DEX | Ethereum / Solana / Arbitrum (+16) |
| RLUSD Ripple USD | Ripple | No yield | — | No KYC on a DEX | Ethereum / XRPL |
| USDD USDD | — | No yield | — | Not stated | Tron / Ethereum / BSC (+1) |
| USDGO USDGO | — | No yield | — | Not stated | Solana |
| U United Stables | — | No yield | — | Not stated | BSC / Ethereum / Tron |
| sUSDf Falcon USDf (staked) | Falcon Finance | Variable (~6-9%) | None | No KYC on a DEX | Ethereum |
| USDF Falcon USD | — | No yield | — | Not stated | Ethereum / BSC |
| OUSD Open USD | — | No yield | — | Not stated | Tempo / Ethereum / Base (+1) |
| GHO GHO | Aave | No yield | — | No KYC on a DEX | Ethereum / Monad |
| USD0 Usual USD | — | No yield | — | Not stated | Ethereum / Arbitrum |
| USDTB Ethena USDtb | — | No yield | — | Not stated | Ethereum / Solana |
| RWAUSDI Multipli rwaUSDi | — | No yield | — | Not stated | Ethereum / Base / Monad (+4) |
| TUSD TrueUSD | — | No yield | — | Not stated | Ethereum / Tron / BSC (+7) |
| PUSD Polymarket USD | — | No yield | — | Not stated | Polygon |
| FDUSD First Digital USD | First Digital | No yield | — | No KYC on a DEX | Ethereum / BSC / Sui (+3) |
| sUSDai usd.ai (staked) | usd.ai | ~7.7% (variable) | None | No KYC on a DEX | Arbitrum |
| SOFID SoFiUSD | — | No yield | — | Not stated | Solana / Ethereum / Monad (+2) |
| GUSD Gate USD | — | No yield | — | Not stated | Ethereum |
| APXUSD apxUSD | — | No yield | — | Not stated | Ethereum / Base / BSC |
| AUSD Agora Dollar | — | No yield | — | Not stated | Monad / Ethereum / Immutable zkEVM (+11) |
| USDAI USD.AI | — | No yield | — | Not stated | Arbitrum / Plasma / Ethereum |
| CRVUSD crvUSD | — | No yield | — | Not stated | Ethereum / Arbitrum / OP Mainnet (+9) |
| USX Solstice USX | — | No yield | — | Not stated | Solana |
| REUSD Re Protocol reUSD | — | No yield | — | Not stated | Ethereum / Base / Avalanche (+7) |
| BUSD Binance Peg BUSD | — | No yield | — | Not stated | BSC / Avalanche / Meter (+24) |
| HUSD HUSD | — | No yield | — | Not stated | Ethereum / Tron / Solana |
| USDM Mountain Protocol USDM | Mountain Protocol | ~5% (rebasing) | None | No KYC on a DEX | Ethereum (+L2s) |
| USAT USAT | — | No yield | — | Not stated | Ethereum |
| M M by M0 | — | No yield | — | Not stated | Ethereum / Solana / Monad (+5) |
| FLEXUSD flexUSD | — | No yield | — | Not stated | Ethereum / smartBCH |
| FRAX Frax | — | No yield | — | Not stated | Ethereum / Fraxtal / Harmony (+19) |
| SATUSD River Stablecoin | — | No yield | — | Not stated | BSC / Base / BOB (+8) |
| MUST Mustang Finance | — | No yield | — | Not stated | Saga |
| USDA Avalon USDa | — | No yield | — | Not stated | Ethereum / Movement / BSC (+16) |
| AVUSD Avant USD | — | No yield | — | Not stated | Avalanche / Monad |
| CASH CASH | — | No yield | — | Not stated | Solana |
| MOVEUSD CFX MoveUSD | — | No yield | — | Not stated | Solana |
| FRXUSD Frax USD | — | No yield | — | Not stated | Ethereum / Fraxtal / Stable (+29) |
| USDV Valtorum USD | — | No yield | — | Not stated | XRPL / BSC / Base (+3) |
| DOLA Dola | — | No yield | — | Not stated | Ethereum / Arbitrum / BSC (+5) |
| USDAT Saturn Dollar | — | No yield | — | Not stated | Monad / Ethereum |
| USDB USDBridge | — | No yield | — | Not stated | Tempo |
| fxUSD fxUSD | — | No yield | — | Not stated | Ethereum / Base |
| USDSUI Sui Dollar | — | No yield | — | Not stated | Sui |
| cgUSD Cygnus Finance Global USD | — | No yield | — | Not stated | Base |
| LISUSD Lista USD | — | No yield | — | Not stated | BSC |
| CUSD Cap cUSD | — | No yield | — | Not stated | Ethereum / Tempo / MegaETH |
| trUSD Tori trUSD | — | No yield | — | Not stated | Ethereum / Monad / Pharos |
| pmUSD pmUSD | — | No yield | — | Not stated | Ethereum |
| USDon Ondo U.S. Dollar Token | — | No yield | — | Not stated | Ethereum / BSC |
| FIDD Fidelity Digital Dollar | — | No yield | — | Not stated | Ethereum |
| pathUSD PathUSD | — | No yield | — | Not stated | Tempo |
| USDKG USDKG | — | No yield | — | Not stated | Tron / Ethereum |
| SPUSD SoulPeg USD | — | No yield | — | Not stated | BSC |
| MSUSD Metronome Synth USD | — | No yield | — | Not stated | Ethereum / Base / OP Mainnet (+1) |
| MNEE MNEE USD | — | No yield | — | Not stated | Ethereum |
| JUPUSD JupUSD | — | No yield | — | Not stated | Solana |
| UUSD Unity USD | — | No yield | — | Not stated | BSC |
| BOLD Liquity BOLD | — | No yield | — | Not stated | Ethereum / OP Mainnet / Base (+4) |
| USN Noon USN | — | No yield | — | Not stated | Ethereum / Sophon / ZKsync Era |
| BEAN Bean | — | No yield | — | Not stated | Ethereum |
| NUSD Neutrl USD | — | No yield | — | Not stated | Ethereum |
| MUSD Metamask USD | — | No yield | — | Not stated | Monad / Ethereum / Linea |
| sfrxUSD Staked Frax USD | Frax Finance | ~4.1% (~4-5%) | None | No KYC on a DEX | Ethereum / Fraxtal |
| GYD Gyroscope GYD | — | No yield | — | Not stated | Ethereum / Polygon |
| BUCK Bucket Protocol BUCK Stablecoin | — | No yield | — | Not stated | Sui |
| LUSD Liquity USD | — | No yield | — | Not stated | Ethereum / Arbitrum / OP Mainnet (+7) |
| DUSD StandX DUSD | — | No yield | — | Not stated | BSC / Solana |
| USDP Pax Dollar | — | No yield | — | Not stated | Ethereum / Solana / BSC (+1) |
| EUSD Electronic USD | — | No yield | — | Not stated | Base / Ethereum / Arbitrum |
| YU YU | — | No yield | — | Not stated | Ethereum / Solana / Base (+1) |
| UTY XSY UTY | — | No yield | — | Not stated | Avalanche |
| USDPT Western Union USDPT | — | No yield | — | Not stated | Solana |
| TOR TOR | — | No yield | — | Not stated | Fantom |
| AID GAIB AID | — | No yield | — | Not stated | Ethereum / Base / Arbitrum (+1) |
| SBC Stable Coin | — | No yield | — | Not stated | Solana / Polygon / Ethereum (+8) |
| MONEY Defi.money | — | No yield | — | Not stated | OP Mainnet / Arbitrum / Base |
| HOLLAR Hydrated Dollar | — | No yield | — | Not stated | Hydration |
| suiUSDe eSui Dollar | — | No yield | — | Not stated | Sui |
| USDSM Stable Mint USD | — | No yield | — | Not stated | Etherlink / Ethereum / Base (+1) |
| PINTO Pinto | — | No yield | — | Not stated | Base |
| USDCV USD CoinVertible | Societe Generale FORGE (SG-FORGE) | 0% (settlement asset) | None | No KYC on a DEX | Ethereum |
| XSGD XSGD | — | No yield | — | Not stated | Ethereum / Polygon / Avalanche (+4) |
| ALUSD Alchemix USD | — | No yield | — | Not stated | Ethereum / OP Mainnet / Arbitrum (+1) |
| FEUSD Felix feUSD | — | No yield | — | Not stated | Hyperliquid L1 |
| RUSD Royal Dollar | — | No yield | — | Not stated | BSC / Ethereum / Tron |
| USDQ Quantoz USDQ | — | No yield | — | Not stated | Ethereum / XRPL / Polygon (+1) |
| NXUSD NXUSD | — | No yield | — | Not stated | Avalanche / Polygon |
| USBD USBD | — | No yield | — | Not stated | Hemi / Ethereum / GOAT (+4) |
| USDR StablR USD | — | No yield | — | Not stated | Ethereum |
| AUDD AUDD | — | No yield | — | Not stated | Ethereum / Stellar / Base (+5) |
| HOME HomeCoin | — | No yield | — | Not stated | Ethereum |
| BtcUSD Bitcoin USD | — | No yield | — | Not stated | Base / Bifrost Network |
How to choose
For holding dollars, prefer a coin whose reserves are cash and short T-bills with regular attestations; for earning, compare the yield-bearing ones separately — a stablecoin that pays is taking some risk to do so.
More questions
Does a bigger stablecoin mean a safer one?
Size means liquidity — it is easier to exchange a large stablecoin for dollars at par — not safety. What backs it, who audits the reserves and whether the issuer can freeze addresses matter more, and differ widely among the largest.
Which of them can I buy without KYC?
14 of 100 can be bought on a DEX without identity verification. For the rest, the source does not state the secondary-market gate.
Where does the yield come from?
sUSDf: Diversified market-neutral strategies. sUSDai: Loans collateralized by GPU/AI hardware. USDM: Short-term US Treasuries. sfrxUSD: Carry trade + AMOs + T-bill rate (partly BUIDL-backed). USDCV: None — non-interest-bearing by design.
Which is the largest?
By size, USDT at $183.4B, followed by USDC at $74.7B and USDS at $6.6B. Size is not safety, but a larger product usually means a deeper market to sell into.
Are these yields fixed?
4 of 100 are variable: the rate moves with markets and is not guaranteed. The figures on this page were last checked between 2026-07-23 and 2026-10-17.