The safest stablecoins
There is no risk-free dollar token. This ranking scores each stablecoin 0–100 on the five things that actually determine whether you get your dollar back — and shows you the inputs, so you can disagree with us.
| $3.09B | $1.0000 | −2.43% | 4.95% | 93 | |
| $2.85B | $1.0000 | +2.58% | 8.06% | 93 | |
| $2.50B | $1.0001 | +0.50% | 4.96%* | 89 | |
| $74.23B | $1.0000 | −1.64% | 8.06% | 88 | |
| $6.85B | $0.9999 | +4.19% | 5.53% | 88 | |
| $4.80B | $1.0000 | −0.05% | 4.71%* | 81 | |
| $4.44B | $0.9994 | +0.66% | 1.19% | 79 | |
| $41.14M | $1.0003 | 0.00% | — | 78 | |
| $184.04B | $0.9999 | +0.15% | 5.55% | 77 | |
| $2.40B | $1.1390 | −0.02% | 3.29% | 74 | |
| $196.17M | $1.0000 | +0.07% | — | 73 | |
| $4.89B | $0.9996 | −0.90% | 4.75% | 72 | |
| $285.14M | $1.1047 | +3.56% | 6.89% | 72 | |
| $39.85M | $1.0000 | −4.32% | — | 72 | |
| $1.56B | $0.9991 | +5.18% | 8.00%* | 71 | |
| $258.10M | $0.9999 | +1.91% | 7.86%* | 71 | |
| $249.09M | $0.9999 | −3.61% | 6.70% | 71 | |
| $488.93M | $0.9999 | +2.99% | — | 70 | |
| $1.52B | $0.9995 | 0.00% | 3.96% | 69 | |
| $319.05M | $1.0004 | +50.38% | 10.91%* | 69 | |
| $183.20M | $0.9994 | 0.00% | — | 69 | |
| $102.96M | $0.9999 | 0.00% | 5.46%* | 69 | |
| $698.49M | $0.9993 | 0.00% | 12.40%* | 68 | |
| $90.66M | $1.0000 | +4.27% | — | 68 | |
| $90.64M | $1.0001 | +10.66% | 9.65%* | 68 | |
| $60.83M | $1.0001 | +7.67% | 14.95%* | 68 | |
| $34.35M | $0.9997 | −1.45% | 4.56%* | 68 | |
| $212.66M | $0.9995 | −1.62% | 2.39%* | 67 | |
| $61.33M | $1.0003 | +1.20% | — | 67 | |
| $33.67M | $0.9999⚠ | +18.33% | 5.85%* | 67 | |
| $25.95M | $0.9950 | −7.12% | — | 67 | |
| $78.59M | $1.0005 | +2.62% | 7.11%* | 66 | |
| $52.01M | $1.0000 | +18.78% | — | 66 | |
| $49.92M | $0.9996 | −1.58% | — | 66 | |
| $25.75M | $1.0000 | +6.15% | — | 66 | |
| $69.84M | $1.0000 | +33.17% | — | 65 | |
| $49.09M | $0.9995 | +10.83% | — | 65 | |
| $666.10M | $0.9998 | 0.00% | 6.50%* | 64 | |
| $55.04M | $0.9988 | −0.10% | 5.23%* | 64 | |
| $533.60M | $0.9997 | +2.49% | 2.76%* | 63 | |
| $128.40M | $0.9995 | −3.10% | 4.03%* | 63 | |
| $108.60M | $0.9975 | +4.81% | — | 63 | |
| $75.72M | $0.9978 | −9.84% | 1.92%* | 63 | |
| $75.37M | $0.9988 | +3.31% | 8.97%* | 63 | |
| $25.97M | $1.0021⚠ | −0.06% | 0.24%* | 62 | |
| $512.38M | $0.9998 | +4.10% | — | 61 | |
| $324.66M | $0.9988 | −0.00% | 2.60%* | 61 | |
| $86.01M | $1.0000 | +2.58% | — | 61 | |
| $44.15M | $0.9990⚠ | −12.45% | — | 61 | |
| $38.48M | $0.9992 | −1.09% | — | 61 | |
| $23.43M | $0.9976 | +2.47% | — | 61 | |
| $484.10M | $0.9992 | 0.00% | 1.47%* | 60 | |
| $145.56M | $1.0000⚠ | −0.01% | — | 60 | |
| $99.46M | $1.0000 | −0.00% | — | 60 | |
| $546.04M | $0.9988 | +0.02% | 0.56%* | 59 | |
| $61.67M | $0.9999 | −29.18% | — | 58 | |
| $58.19M | $0.9998 | −1.01% | — | 57 | |
| $310.34M | $0.9862⚠ | −0.73% | 13.31% | 56 | |
| $65.44M | $1.0001 | 0.00% | — | 56 | |
| $192.31M | $1.0000 | 0.00% | — | 55 | |
| $124.81M | $0.9981 | +0.15% | — | 55 | |
| $45.61M | $0.8834⚠ | −0.15% | 6.60%* | 55 | |
| $1.20B | $1.0001 | −14.86% | — | 54 | |
| $487.48M | $1.0001 | 0.00% | — | 54 | |
| $166.36M | $1.0001 | 0.00% | — | 54 | |
| $154.40M | $1.0001 | +0.00% | — | 54 | |
| $152.61M | $0.9928 | +0.82% | 8.60%* | 54 | |
| $115.27M | $1.0001 | +0.41% | — | 54 | |
| $98.93M | $1.0000 | >100% ⚠ | — | 54 | |
| $68.73M | $1.0000 | +4.94% | — | 54 | |
| $48.44M | $1.0000 | −5.85% | — | 54 | |
| $38.51M | $0.9999 | +8.45% | — | 54 | |
| $38.09M | $1.0000 | +8.14% | — | 54 | |
| $37.52M | $0.9948⚠ | +5.51% | 5.98%* | 54 | |
| $33.39M | $1.0000 | 0.00% | — | 54 | |
| $27.65M | $1.0001 | 0.00% | — | 54 | |
| $26.56M | $1.0000 | 0.00% | — | 54 | |
| $22.68M | $1.0000⚠ | +0.70% | — | 54 | |
| $20.99M | $1.0000 | 0.00% | — | 54 | |
| $1.46B | $0.9960 | +20.57% | 0.00%* | 53 | |
| $20.29M | $0.9997 | +20.78% | — | 53 | |
| $332.07M | $0.9995 | +1.90% | — | 52 | |
| $319.47M | $0.9984 | 0.00% | — | 52 | |
| $42.16M | $0.4485⚠ | 0.00% | — | 52 | |
| $26.27M | $1.0065 | −0.23% | 0.55%* | 52 | |
| $232.13M | $0.9964 | +0.00% | — | 51 | |
| $135.85M | $0.9923 | −8.49% | — | 49 | |
| $50.08M | $1.0016 | 0.00% | — | 49 | |
| $75.62M | $0.9923 | +0.00% | — | 39 |
Collateral quality & transparency
30%What actually backs the token and how often it is verified. Treasury-backed with daily or on-chain proof scores highest; unattested reserves score lowest.
Peg stability
25%Live deviation from $1.00 plus the worst historical depeg on record. A single deep depeg keeps weighing on the score.
Liquidity depth
20%Tracked on-chain pool liquidity in absolute dollars and as a share of circulating supply — how much can exit before the price moves.
Issuer & legal structure
15%Regulatory status of the issuer and whether holders have a direct redemption right or only a secondary market exit.
Track record
10%Years in production, minus documented incidents.
Diversify by failure mode, not by ticker
The three genuinely distinct dollar structures on-chain are fiat reserves, on-chain overcollateralisation and delta-neutral synthetics. Holding one of each is real diversification. Holding USDT, USDC, PYUSD and USDP is one position with four names. Read more →
Frequently asked
+ − What is the safest stablecoin?
The highest-scoring tokens are fully fiat-backed, hold short-dated US Treasuries with a regulated issuer, publish frequent attestations and offer redemption at par. Liquidity counts too: a token you cannot exit at size is not safe however good the reserves look.
+ − How is the 0-100 safety score calculated?
Five weighted factors: collateral quality and verification frequency, peg stability under stress, on-chain liquidity depth, issuer regulation and redemption rights, and operating track record. The weights are shown on this page and detailed in the methodology.
+ − Are stablecoins covered by deposit insurance?
No. Some issuers hold reserves at insured banks, but that insurance protects the issuer's bank account, not your token balance. Treat every stablecoin as an unsecured claim on the issuer.
+ − Is USDC safer than USDT?
They score closely but differently: USDC has more granular disclosure and a US regulated issuer, USDT has deeper global liquidity and a longer live track record. Our side-by-side comparison shows the full breakdown.
+ − Is holding several stablecoins safer than holding one?
Only if the collateral structures differ. Four fiat-backed tokens are one Treasury and banking exposure with four names. Mixing fiat-backed, over-collateralised crypto-backed and yield-bearing RWA exposure diversifies the actual failure mode.