Stablecoins: list, market cap and deviation from the peg
Stablecoins are cryptocurrencies pegged to the dollar, the euro or gold. Below are the 32 largest dollar stablecoins by market cap, which together make up about 11.2% of the entire crypto market's value. Data from CoinMarketCap, as of November 10, 2026.
Dollar stablecoins combined
$278.39B
1.09T PLN
Share of the crypto market
11.2%
stablecoin market cap / total market cap
Largest
USDT
$176.82B
Dollar-pegged stablecoins
| # | Name | Market cap | Price | From peg | 24h volume |
|---|---|---|---|---|---|
| 1 | Tether USDt USDT | $176.82B 693.10B PLN | 0.9987 $ | −0.13% | $54.40B |
| 2 | USDC USDC | $70.15B 274.98B PLN | 0.9998 $ | −0.02% | $10.70B |
| 3 | Ethena USDe USDe | $4.99B 19.55B PLN | 0.9991 $ | −0.09% | $44.5M |
| 4 | Dai DAI | $4.48B 17.55B PLN | 0.9996 $ | −0.04% | $11.3M |
| 5 | World Liberty Financial USD USD1 | $3.30B 12.95B PLN | 0.9979 $ | −0.21% | $1.19B |
| 6 | PayPal USD PYUSD | $2.75B 10.80B PLN | 0.9996 $ | −0.04% | $75.6M |
| 7 | Global Dollar USDG | $2.72B 10.65B PLN | 0.9998 $ | −0.02% | $474.8M |
| 8 | Ripple USD RLUSD | $2.68B 10.49B PLN | 1.0000 $ | −0.00% | $273.4M |
| 9 | Falcon USD USDf | $1.66B 6.50B PLN | 0.9941 $ | −0.59% | $537K |
| 10 | United Stables U | $1.62B 6.34B PLN | 0.9995 $ | −0.05% | $255.3M |
| 11 | USDD USDD | $1.49B 5.85B PLN | 0.9982 $ | −0.18% | $6.6M |
| 12 | USDGO USDGO | $1.08B 4.24B PLN | 0.9998 $ | −0.02% | $20.1M |
| 13 | Open USD OUSD | $920.4M 3.61B PLN | 1.0003 $ | +0.03% | $433K |
| 14 | GHO GHO | $698.2M 2.74B PLN | 0.9989 $ | −0.11% | $48K |
| 15 | Usual USD USD0 | $540.5M 2.12B PLN | 0.9974 $ | −0.26% | $907K |
| 16 | USDai USDAI | $501.1M 1.96B PLN | 0.9995 $ | −0.05% | – |
| 17 | TrueUSD TUSD | $493.7M 1.94B PLN | 0.9984 $ | −0.16% | $9.9M |
| 18 | First Digital USD FDUSD | $282.7M 1.11B PLN | 0.9963 $ | −0.37% | $68.8M |
| 19 | Legacy Frax Dollar FRAX | $217.0M 850.7M PLN | 0.9902 $ | −0.98% | $2.3M |
| 20 | USAT USAT | $179.0M 701.6M PLN | 0.9982 $ | −0.18% | $13.8M |
| 21 | AUSD AUSD | $154.7M 606.4M PLN | 0.9996 $ | −0.04% | $6.2M |
| 22 | GUSD GUSD | $149.0M 584.0M PLN | 0.9970 $ | −0.30% | $27K |
| 23 | Frax USD FRXUSD | $94.4M 370.0M PLN | 0.9998 $ | −0.02% | $4.5M |
| 24 | lisUSD lisUSD | $74.1M 290.5M PLN | 0.9975 $ | −0.25% | 58 $ |
| 25 | USDsui USDsui | $73.9M 289.6M PLN | 1.0010 $ | +0.10% | $65.2M |
| 26 | Fidelity Digital Dollar FIDD | $62.6M 245.4M PLN | 0.9999 $ | −0.01% | $10.6M |
| 27 | StraitsX USD XUSD | $41.1M 161.2M PLN | 0.9999 $ | −0.01% | $13.6M |
| 28 | Aegis YUSD YUSD | $40.6M 159.1M PLN | 0.9983 $ | −0.17% | – |
| 29 | Celo Dollar CUSD | $35.5M 139.3M PLN | 0.9998 $ | −0.02% | $28K |
| 30 | Gemini Dollar GUSD | $34.5M 135.4M PLN | 0.9995 $ | −0.05% | $521K |
| 31 | BUSD BUSD | $34.4M 134.8M PLN | 0.9994 $ | −0.06% | $553K |
| 32 | LUSD LUSD | $30.7M 120.5M PLN | 0.9988 $ | −0.12% | – |
Euro stablecoins
The dollar price tracks the EUR/USD exchange rate, so we measure the deviation against the euro rate.
| # | Name | Market cap | Price | 24h volume |
|---|---|---|---|---|
| 1 | EURC EURC | $454.4M 1.78B PLN | 1.1228 $ | $65.2M |
| 2 | EUR CoinVertible EURCV | $194.9M 764.1M PLN | 1.1226 $ | $24.5M |
| 3 | Eurite EURI | $36.6M 143.6M PLN | 1.1222 $ | $5.9M |
Gold tokens
Tokens that each represent one ounce of gold held by the issuer. Their price follows the price of gold.
| # | Name | Market cap | Price | 24h volume |
|---|---|---|---|---|
| 1 | Tether Gold XAUt | $3.07B 12.05B PLN | 4102.1446 $ | $267.1M |
| 2 | PAX Gold PAXG | $1.84B 7.20B PLN | 4104.2806 $ | $91.6M |
| 3 | Matrixdock Gold XAUM | $71.5M 280.1M PLN | 4115.8346 $ | $430K |
How stablecoins work
A stablecoin holds its price because it can be redeemed for currency with the issuer or through the protocol. When the exchange price drops below 1 dollar, it pays to buy the token cheaper and redeem it at par, so buyers push the price back up. This only works as long as the market trusts the reserves.
On Kryptoliczby you can also check the USDT price in PLN, the USDC price, crypto all-time highs, total market cap and bitcoin dominance.
Frequently asked questions
What is a stablecoin?
A stablecoin is a cryptocurrency whose price is meant to hold a fixed value, most often 1 US dollar. The issuer holds reserves (cash, short-term Treasury bills) or collateral in other cryptocurrencies, and large clients can exchange tokens for currency and back. This keeps pulling the price back toward the peg.
What is the largest stablecoin?
The largest by market cap is Tether (USDT), followed by USDC from Circle. You can see the current ranking and market caps in the table on this page, along with the data date.
Can a stablecoin lose its peg?
Yes. Brief deviations of a fraction of a percent are normal, but if the issuer runs into trouble or the market panics, the price can drop well below 1 dollar. The best-known example is UST from the Terra ecosystem, which lost its dollar peg in May 2022 and never recovered. The “From peg” column shows each token's current deviation.
How do USDT, USDC and DAI differ?
USDT and USDC are stablecoins issued by companies and backed by reserves in dollars and short-term bonds. DAI is created by an on-chain protocol and backed by other assets, with no single company holding customers' money. So the difference comes down to whom you trust: the issuer and its audits, or the code and the collateral.
Are there stablecoin regulations in the EU?
Yes. The MiCA regulation (Markets in Crypto-Assets) sets requirements for issuers of currency-pegged tokens, including rules on reserves and licensing. As a result, some exchanges operating in the EU have restricted trading in stablecoins that lack such a license. Check your exchange's rules.
Why hold stablecoins?
Stablecoins act as “cash” on crypto exchanges: they let you exit a risky position without withdrawing to a bank account, move value between exchanges and settle contracts. They don't protect you from the dollar falling against the Polish zloty (PLN), because their value is denominated in dollars.
List: tokens tagged as stablecoins on CoinMarketCap. The table updates every time the site is rebuilt. This is not investment advice.
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