# | Name | Volume | Market Cap | |
|---|---|---|---|---|
1 |  Tether Holdings | $13.95b | $156.31b | |
2 |  Circle | $6.03b | $62.23b | |
3 |  Ethena Labs | $63.06m | $7.35b | |
4 |  Sky | $6.51m | $6.77b | |
5 |  Binance | $3.35b | $5.99b | |
6 |  Paxos | $109.00m | $2.30b | |
7 |  First Digital Labs | $2.91b | $1.51b | |
8 |  USDD Protocol | $12.55m | $425.89m | |
9 |  Ripple | $70.18m | $405.69m | |
10 |  Frax Finance | $2.37m | $382.52m |
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Asset-Based Finance
Stablecoins
Securities
