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Stablecoins
Volume, capitalisation and the peg: whether they hold the dollar
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A stablecoin is a token pegged to the value of the dollar. The peg is held in different ways: some issues are backed by reserves in bank accounts and short treasury bills, others by crypto collateral, others still by market mechanisms without direct backing. A deviation of a fraction of a per cent is routine; a wide and lasting gap means the market doubts the backing.
Total issued
302.91 B $
as of 03/11/2026, 18:30 MSK
Share of the market
11.16 %
Share of the whole crypto market capitalisation · as of 03/11/2026, 18:30 MSK
Stablecoins
all hold the peg
Market capPrice, $Deviation from $1
A stablecoin is meant to be worth one dollar. A deviation of a fraction of a per cent is routine; a wide and lasting gap means the market doubts the backing.