A stablecoin can break in two ways and only one shows up in the price. It can lose the peg, or it can be redeemed at scale while trading at exactly a dollar the whole time. This tracks both, groups every coin by what actually backs it, and shows which ones are having money withdrawn right now.
What this page is for. If you hold money in a stablecoin, this tells you whether that particular coin is currently behaving itself. You are not meant to read all 227. Find the one you hold, and look at two things.
How it updates: every figure is read live when you load the page, from public data covering every stablecoin above one million dollars in circulation. There is nothing to refresh and nothing is stored. Reload it and you get the current position.
A stablecoin can lose its peg, which shows up immediately as the price moving away from a dollar. Or it can be redeemed at scale, where holders leave in an orderly way and the supply shrinks while the price stays at exactly one dollar the whole time. The second usually happens first, and it is almost never the number anyone quotes.
That is why this page tracks both. The deviation column is the obvious one. The supply change is the early one: a coin whose circulating supply has fallen by a quarter in a month is being left, whatever the price says.
Every stablecoin here is grouped by mechanism, because the failure modes are genuinely different. Fiat backed means a company holds money and short term debt, so your risk is that company and the jurisdiction it sits in. Crypto backed means over collateralisation and automated liquidation, so your risk is a fall fast enough to outrun the liquidators. Algorithmic means the peg is held by a mechanism rather than by assets, and that category has produced the largest single losses in crypto while looking sound right up to the day it did not.
Whether the reserves behind a fiat backed coin actually exist in the amount claimed. That requires an audit, not a data feed, and the quality of those attestations varies enormously between issuers. A coin trading at exactly one dollar with a growing supply can still be under reserved. Treat the price as evidence about sentiment rather than proof about backing.
There is no single answer and anyone giving you one is selling something. The honest framing is that the risks differ rather than one being uniformly better. A fiat backed coin puts you at the mercy of a company and its regulator, and that company can freeze your balance. A crypto backed coin removes the company but introduces the risk of collateral falling faster than the system can liquidate it. An algorithmic coin removes the assets entirely and relies on a mechanism holding. Pick the failure mode you would rather face, then check the supply trend on this page for whichever you choose.
The market is pricing it below the thing it claims to be worth, which is a statement that people doubt they can redeem it at full value. Small deviations of a fraction of a percent happen constantly in thin liquidity and mean very little. A persistent gap of one percent or more is the market saying something is wrong, and a gap of several percent has historically been the beginning rather than the end of the move.
Because it is the earlier signal. When large holders lose confidence they redeem rather than sell, so the coin is destroyed and the supply falls while the price stays at exactly a dollar. By the time a price problem is visible the informed money has often already left through the redemption door. A coin whose supply has fallen sharply while its price looks perfect is worth more attention than one that has wobbled a tenth of a percent.
No. Price tells you what the market currently believes and nothing about what is in the reserve account. A coin can trade at a dollar for years while being under reserved, because the peg holds as long as redemptions are manageable. Verifying backing needs an audit or an attestation from the issuer, and the quality of those varies enormously. This page cannot see reserves and does not pretend to.
On most large fiat backed coins, yes. The issuer can blacklist an address, and they do, usually in response to law enforcement. That is a real difference between holding a stablecoin and holding the chain\u2019s own asset, and it is a deliberate feature rather than a flaw. It is worth knowing before you treat a stablecoin as cash.
We seal the list every week and keep re-checking every token on it, so you can see what actually happened to them rather than only what is trading today.
