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Yield-bearing stablecoins

A yield-bearing dollar pays you for holding it, either by accruing value or by rebasing. The rate is only half the story: where it comes from decides whether it survives a bad week.

How this list is built. Assets with a vetted yield venue or an issuer-paid rate. APYs above sanity thresholds are capped and flagged rather than shown raw. Data refreshes continuously from on-chain supply and our issuer register.

Columns
Yield-bearing stablecoins — 15 assets
USDE logoUSDEEthena USDe$4.04B$0.9999+2.79%4.50%74
USDC logoUSDCUSD Coin$71.95B$0.9997−0.51%8.02%91
USDT logoUSDTTether$182.94B$0.9994+0.51%4.25%76
APXUSD logoAPXUSDapxUSD$304.48M$0.9394−0.07%12.76%56
REUSD logoREUSDRe Protocol reUSD$190.76M$1.0954+8.51%6.31%71
AUSD logoAUSDAgora Dollar$234.53M$0.9995+1.08%6.82%71
PYUSD logoPYUSDPayPal USD$2.74B$0.9999−1.55%6.84%94
USD1 logoUSD1World Liberty Financial USD$4.01B$0.9992−0.41%8.73%79
USDG logoUSDGGlobal Dollar$3.40B$1.0000−0.22%4.96%92
USDS logoUSDSSky Dollar$6.72B$1.0000+1.17%5.82%89
DAI logoDAIDai$4.77B$1.0001−0.50%2.17%85
USDD logoUSDDUSDD$1.51B$0.9994+10.19%3.97%69
BUIDL logoBUIDLBlackRock USD$2.74B$1.0000+1.20%3.60%96
USDY logoUSDYOndo US Dollar Yield$2.14B$1.1392+0.08%3.55%88
USYC logoUSYCCircle USYC$2.98B$1.1344−0.87%3.38%74

Frequently asked

+ Are yield-bearing stablecoins safe?

Treasury-backed tokens carry the issuer and custodian risk of a money-market fund. Synthetic dollars carry funding-rate and exchange risk, and their yield can go negative. Read the source of the yield, not the number.

+ Which stablecoin pays the highest yield?

Rates move daily. Sort this table by APY for the live ranking, and open the yield hub for venue-level rates and safety grades.