What is the best stablecoin for yield?
Yield above the T-bill rate is compensation for a risk somebody has decided to take. This list only includes stablecoins with a vetted rate sourced from a protocol holding over $100M TVL, a safety score of 70+, and liquidity deep enough to actually exit.
Short answer
USD Coin (USDC) currently tops this list with a safety score of 88/100, market cap of $74.16B and 117 chain deployments, paying a vetted APY of 8.06% as of Oct 5, 2026.
Ranked by vetted APY where liquidity ≥ $10M and safety score ≥ 70 — updated daily.
| # | Asset | Vetted APY | Safety | Liquidity | Market cap | Chains |
|---|---|---|---|---|---|---|
| 1 | 8.06% | 88 | $4.31B | $74.16B | ||
| 2 | 6.97% | 72 | $529.87M | $287.24M | ||
| 3 | 6.70% | 70 | $265.90M | $249.06M | ||
| 4 | 6.65% | 93 | $459.68M | $2.90B | ||
| 5 | 5.67% | 76 | $1.96B | $184.02B | ||
| 6 | 5.60% | 88 | $2.05B | $6.85B | ||
| 7 | 5.00% | 93 | $774.72M | $3.10B | ||
| 8 | 4.75% | 72 | $2.24B | $4.91B | ||
| 9 | 3.07% | 74 | $2.40B | $2.40B | ||
| 10 | 1.22% | 80 | $279.74M | $4.44B |
Frequently asked
+ − What is the best stablecoin for yield right now?
The top row above is live: it is the highest vetted APY among stablecoins with liquidity above $10M and a safety score of 70 or higher. Rates move daily with borrowing demand, so treat it as today's number, not a locked-in rate.
+ − Why do some high-yield stablecoins not appear on this list?
They are excluded by the gate, not omitted by accident: either the rate is unvetted (sourced from a protocol under $100M TVL), liquidity is below $10M, or the safety score is under 70. Chasing a rate that fails one of those checks is usually where losses happen.
+ − Is stablecoin yield guaranteed?
No. It is paid by borrowers, a Treasury pass-through, or protocol incentives, and every one of those sources can shrink or stop. A safety score of 70+ says the collateral and peg mechanics are sound — it says nothing about whether the current rate persists.