Stablecoin check: still worth $1?
Stablecoins are crypto coins built to always be worth $1. We check them live. 3 of 30 are slightly off $1 right now.
| Stablecoin | Price now | Gap from $1 | Status |
|---|---|---|---|
| $0.9990 | −0.10% | Holding $1 | |
| $1.0000 | +0.00% | Holding $1 | |
| $0.9999 | −0.01% | Holding $1 | |
| $0.9995 | −0.05% | Holding $1 | |
| $0.9994 | −0.06% | Holding $1 | |
| $0.9979 | −0.21% | Holding $1 | |
| $1.0000 | +0.00% | Holding $1 | |
| $1.0000 | +0.00% | Holding $1 | |
| $0.9999 | −0.01% | Holding $1 | |
| $1.1500 | +15.00% | Not holding $1 | |
| $1.0000 | +0.00% | Holding $1 | |
| $1.0000 | +0.00% | Holding $1 | |
| $0.9994 | −0.06% | Holding $1 | |
| $0.9988 | −0.12% | Holding $1 | |
| $0.9989 | −0.11% | Holding $1 | |
| $1.0000 | +0.00% | Holding $1 | |
| $1.0000 | +0.00% | Holding $1 | |
| $0.9981 | −0.19% | Holding $1 | |
| $0.9981 | −0.19% | Holding $1 | |
| $0.9993 | −0.07% | Holding $1 | |
| $0.9999 | −0.01% | Holding $1 | |
| $0.9990 | −0.10% | Holding $1 | |
| $0.9958 | −0.42% | Holding $1 | |
| $0.9966 | −0.34% | Holding $1 | |
| $1.0000 | +0.00% | Holding $1 | |
| $0.9889 | −1.11% | Slightly off | |
| $0.9991 | −0.09% | Holding $1 | |
| $1.0110 | +1.10% | Slightly off | |
| $0.9978 | −0.22% | Holding $1 | |
| $1.0000 | +0.00% | Holding $1 |
Prices in US dollars, updated every couple of minutes. A gap under 0.5% is normal.
Stablecoins in simple words
There are about $292.73 billion in stablecoins. People use them to keep dollars inside the crypto world, to send money abroad, and to move between coins without going back to the bank.
- Cash-backed (USDC, USDT, PYUSD): a company holds real dollars and US government bonds for each coin.
- Crypto-backed (DAI): backed by other crypto locked in code.
- Synthetic (USDe): uses trading strategies to stay near $1. Works differently and has different risks.
Important: stablecoins are not bank deposits and are not FDIC-insured. If the company behind one has problems, it can lose its $1 value.
Frequently asked questions
Is USDT still worth $1?
Right now 1 USDT = $0.9990.
Is USDC safer than USDT?
USDC is issued by Circle, a US company, and publishes monthly reports on its reserves. USDT (Tether) is bigger and used more around the world. Both have held close to $1 most of the time, but neither is insured.
Can a stablecoin lose its $1 value?
Yes. In 2022 a stablecoin called TerraUSD fell to almost zero. That is why we check them live.