Stablecoin Issuers

Tether Limited is the issuer of USDT, the world's largest stablecoin, providing a range of fiat-pegged cryptocurrencies for global trading and payments.

Circle is a financial technology company specializing in blockchain-based payment solutions, known for its main stablecoin, USDC.

Sky Protocol, formerly MakerDAO, is a decentralized finance protocol known for its main stablecoin, USDS.

Ethena is a decentralized finance protocol specializing in stablecoin solutions, including the USDe synthetic dollar.

World Liberty Financial is a private DeFi project associated with Donald Trump, known for its USD1 stablecoin pegged to the U.S. dollar.

Paxos Trust Company is a leading regulated blockchain infrastructure and tokenization platform, known for its Pax Dollar (USDP) stablecoin.

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

Ripple Labs, Inc. is a private company known for its main stablecoin, Ripple USD (RLUSD), used for payments and regulated by the NYDFS.

Ondo Finance is a private company specializing in tokenized real-world assets, with main stablecoin products including USDY and OUSG.

Aave is a decentralized finance protocol enabling cryptocurrency lending and borrowing without intermediaries. Its main stablecoin is GHO.

Usual Labs is a private company focused on decentralized finance, known for its stablecoin USD0, which democratizes access to the US Treasury yield.

First Digital Trust Limited 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 leading DeFi protocol specializing in stablecoins, including frxUSD, a stablecoin fully backed by assets held at institutions like BlackRock.

Société Générale – FORGE is a leading digital asset subsidiary of Société Générale Group, known for its EUR CoinVertible (EURCV) stablecoin.

Monerium is a leading Icelandic fintech company known for issuing EURe, a euro-backed stablecoin compliant with MiCA regulations.

Angle Protocol is a DeFi platform specializing in stablecoins, notably the euro-pegged EURA.

Maple Finance is a DeFi platform specializing in institutional lending and on-chain asset management, known for its syrupUSD stablecoin.

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