stablecoin recensiti
Non tutti gli stablecoin sono uguali. Misuriamo ogni emittente principale su cosa lo collateralizza davvero, con che frequenza viene attestato, se puoi rimborsarlo per fiat (incluso in euro via MiCAR), e quanto è accettato su exchange e blockchain.
Testati e valutati
15 voci
3.9/5Tether USD (USDT)
Largest stablecoin by market cap, broadest exchange liquidity
fiat collateralized · $145.0B · quarterly attestation
4.7/5USD Coin (USDC)
Regulated USD stablecoin from Circle, monthly Deloitte attestations
fiat collateralized · $33.0B · monthly attestation
4.3/5EURC (EURC)
Circle's MiCA-compliant euro stablecoin and the largest EUR stablecoin by market cap
fiat collateralized · $444M · monthly attestation
4.3/5EURCV (EURCV)
Société Générale-FORGE's MiCA euro stablecoin — the only EUR EMT backed by a G-SIB bank
fiat collateralized · $129M · monthly attestation
3.8/5EURI (EURI)
Eurite — the only MiCA stablecoin issued directly by an EU bank, not an EMI
fiat collateralized · $58M · quarterly attestation
3.8/5EURe (EURe)
Monerium's MiCA euro stablecoin — the only EUR token with a personal SEPA IBAN
fiat collateralized · $30M · annual attestation
3.8/5EURS (EURS)
STASIS EURO — the oldest operating EUR stablecoin (2018), MiCA-grandfathered via MFSA Malta
fiat collateralized · $151M · quarterly attestation
2.8/5EUROe (EUROe)
Membrane Finance EUR stablecoin — decommissioned by Paxos on 20 May 2026
fiat collateralized · $1M
0.8/5AEUR (AEUR)
Anchored Coins AG (Swiss) — issuer publicly exiting the stablecoin business
fiat collateralized · $3M
3.4/5DAI (DAI)
The original decentralized stablecoin from Sky (formerly MakerDAO), in active migration to USDS
crypto collateralized · $4.4B
3.7/5PayPal USD (PYUSD)
PayPal's USD stablecoin, now federally regulated by the OCC (December 2025)
fiat collateralized · $3.6B · monthly attestation
2.5/5First Digital USD (FDUSD)
Binance global's zero-fee USD reference, decimated by April 2025 depeg (-85% from peak)
fiat collateralized · $397M · monthly attestation
3.2/5USDe (USDe)
Ethena's synthetic dollar, classified ART by BaFin (not EMT under MiCA)
crypto collateralized · $4.4B
3.0/5FRAX (now frxUSD) (FRXUSD)
Frax Finance's BlackRock BUIDL-backed RWA stablecoin, rebranded from FRAX to frxUSD April 2025
fiat collateralized · $125M
3.6/5USDS (Sky Dollar) (USDS)
Sky's flagship stablecoin and the #3 stablecoin globally — DAI's successor post-MakerDAO rebrand
crypto collateralized · $11.1B
Related guides
Pair our stablecoin reviews with the foundations on backing, redemption, and yield.
What is a Stablecoin? 2026 Complete Guide
What is a stablecoin? $321B market in 2026, USDT (58%) and USDC dominate, GENIUS Act + MiCA regulate payment stablecoins, yield-bearing tokens $50B by 2026.
What is a Stable Yield Account? 2026 Tokenized T-Bill Guide
What is a stable yield account in 2026: 4-5.25% APY on tokenized US Treasuries plus crypto-neobank stablecoin yield, with the BUIDL / BENJI / USDY comparison.
What is Tokenization? 2026 RWA + Tokenized Assets Guide
What is tokenization in 2026: $29B RWA market across Treasuries, private credit, equities, real estate; BlackRock, Apollo, Hamilton Lane lead institutional issuance.
What is DeFi Lending? 2026 Guide to Aave, Morpho + Spark
What is DeFi lending in 2026: $55.69B TVL, Aave at $26B ATH, Morpho Blue $4.9B, Spark $6.8B. Overcollateralization, liquidation, oracle risk, and US taxes.