Stablecoin Issuers

Tether Limited is a leading financial technology company specializing in stablecoins, with USDT as its flagship product.

Circle Internet Group, Inc. is a financial technology company specializing in digital currency and blockchain-based financial services, known for its main stablecoin, USDC.

Sky Protocol, formerly MakerDAO, is a decentralized finance ecosystem known for its USDS stablecoin, focusing on scalability and regulatory compliance.

Ethena is a decentralized finance protocol known for its stablecoin, USDe, which maintains a $1 peg through delta-neutral hedging.

Paxos Trust Company is a New York-based financial technology firm specializing in blockchain solutions, known for its regulated stablecoin, Pax Dollar (USDP).

World Liberty Financial, Inc. is a private DeFi project inspired by Donald J. Trump, offering the USD1 stablecoin for institutional and cross-border use.

Falcon Finance is a financial technology company specializing in synthetic dollar protocols, notably the USDf stablecoin.

Maple Finance is a decentralized finance platform specializing in on-chain asset management and institutional lending, offering stablecoin products like syrupUSDC.

Ripple Labs, Inc. is a private American technology company specializing in enterprise blockchain solutions for global payments. Their main stablecoin is Ripple USD (RLUSD).

Ondo Finance is a leader in tokenizing real-world assets, offering stablecoin products like USDY for stable returns linked to U.S. Treasury yields.

Aave is a decentralized finance protocol enabling cryptocurrency lending and borrowing. Its main stablecoin is GHO.

Usual Protocol is a decentralized stablecoin platform by Usual Labs, offering USD0, a fully-backed stablecoin that democratizes access to U.S. Treasury yields.

First Digital Trust is a Hong Kong-based financial services firm specializing in digital asset custody and trust solutions, known for issuing the FDUSD stablecoin.

Frax Finance is a decentralized finance protocol specializing in stablecoins, including frxUSD, which is backed by BlackRock's USD Institutional Digital Liquidity Fund.

Société Générale – FORGE is a private subsidiary of Société Générale, specializing in digital assets with a focus on stablecoins like EUR CoinVertible.

Monerium is an Icelandic fintech company specializing in issuing e-money on blockchain networks, with its main product being the euro-backed stablecoin, EURe.

Angle Protocol is a decentralized finance platform known for issuing the euro-pegged stablecoin EURA.

Qivalis is a consortium of twelve major European banks developing a euro-backed stablecoin, compliant with EU regulations.