From the fiat-backed stablecoins that do not use the USD as a collateral, coins pegged to the euro were bigger than those of other fiat currencies. Although there are multiple stablecoins that use the USD for their backing - including Tether, USD Coin, and Binance Coin - there are several coins that use other "real world" currencies. The stablecoins included in this ranking are pegged to: The euro, the Singapore dollar, the Japanese yen, the Indian rupee, the Turkish lira, the Swiss franc, and the Brazilian real. Only a single stablecoin is pegged to the British pound, or GBP, which is only found within the eToro app. Compared to the top cryptocurrencies in the world, however, these are all relatively small tokens.
Estimate of the market capitalization of fiat-backed stablecoin that do not focus on the USD from May 2019 to June 21, 2022
(in billion U.S. dollars)
No figures are available from before June 2017; The chart is interactive: Clicking on the coin names allows for filtering figures per individual stablecoin
Supplementary notes
Monthly figures are as of the end of that particular month.
Figures have been rounded.
Note that due to changing exchange rates, the USD values as reported can change from day to the next. This also applies in retrospect.
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Statista. (June 22, 2022). Estimate of the market capitalization of fiat-backed stablecoin that do not focus on the USD from May 2019 to June 21, 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316277/non-usd-fiat-backed-stablecoin-market-value/
Statista. "Estimate of the market capitalization of fiat-backed stablecoin that do not focus on the USD from May 2019 to June 21, 2022 (in billion U.S. dollars)." Chart. June 22, 2022. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316277/non-usd-fiat-backed-stablecoin-market-value/
Statista. (2022). Estimate of the market capitalization of fiat-backed stablecoin that do not focus on the USD from May 2019 to June 21, 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316277/non-usd-fiat-backed-stablecoin-market-value/
Statista. "Estimate of The Market Capitalization of Fiat-backed Stablecoin That Do Not Focus on The Usd from May 2019 to June 21, 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Jun 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316277/non-usd-fiat-backed-stablecoin-market-value/
Statista, Estimate of the market capitalization of fiat-backed stablecoin that do not focus on the USD from May 2019 to June 21, 2022 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316277/non-usd-fiat-backed-stablecoin-market-value/ (last visited November 13, 2024)
Estimate of the market capitalization of fiat-backed stablecoin that do not focus on the USD from May 2019 to June 21, 2022 (in billion U.S. dollars) [Graph], Statista, June 22, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316277/non-usd-fiat-backed-stablecoin-market-value/
