Best Fiat-Backed Stablecoins Companies

Celo is the carbon-negative, mobile-first, Ethereum virtual machine (EVM)-compatible blockchain ecosystem. It allows users to earn cryptocurrency and send mobile payments. It was founded in 2017 and is based in San Francisco, California.

Binance provides a blockchain-based platform to facilitate cryptocurrency exchange. The platform offers its users access to a range of blockchain/DLT technologies, assisting clients to trade across multiple digital currency pairs. The company was founded in 2017 and is based in Vilnius, Lithuania.

Circle provides financial technology to send, receive and invest in cryptocurrency assets. Its finance processes and social payment application use peer-to-peer payments technology helping businesses use digital currencies and public blockchains for payments, commerce, and financial applications. It was founded in 2013 and is based in Boston, Massachusetts.

JPYC is a developer of crypto assets intended for cryptocurrency solutions. The company offers payment methods for stablecoins, thereby allowing users to buy and sell goods through cryptocurrencies. It was founded in 2019 and is based in Tokyo, Japan.

BiLira is a stable cryptocurrency that is backed by the Turkish Lira. BiLira was founded in 2019 and is based in Istanbul, Turkey.

JPYX issues and manages the Japanese yen stablecoin "JPYX". JPYX is a prepaid payment method that can be purchased and used 1:1 with the Japanese yen. It was founded in 2021 and is based in Tokyo, Japan.

Liquity builds a decentralized borrowing protocol with team members in Switzerland, England, Vietnam and the USA.

PassPay issues JPY World (JPYW), an in-house prepaid token payment method. It is a typical public chain token, issued with the ERC20 Token standard on Ethereum. It is JPY-pegged and available on the blockchain, to avoid price fluctuations of traditional crypto assets. It was founded in 2022 and is based in Tokyo, Japan.

Stablecorp is a partnership between 3iQ, a crypto asset manager, and Mavennet, a company in the blockchain development space. QCAD is Stablecorp’s first product release and is a digital asset. The company was founded in 2021 and is based in Toronto, Ontario.

Stablehouse offers institutional-grade digital asset opportunities and fully-integrated custody, trading, and investment platform. The platform delivers a stablecoin platform enabling payments, foreign currency exchange, trading, and liquidity for people and institutions. It was founded in 2018 and is based in Hamilton, Bermuda.

Stably is a FinTech startup from Seattle (USA), with a focus on providing asset tokenization and stable coin infrastructure for emerging blockchain networks, Web3 wallets, and applications, including decentralized finance (Defi) protocols and metaverse platforms. The company's mission is to bridge money from traditional finance (TradFi) to the digital economy by providing Web3 users with fiat-to-stable coin on-ramps that are faster, cheaper, secure, and globally accessible.

STASIS is a tokenization platform focused on fungible financial assets. Their first product, EURS, stable cryptocurrency, or "stablecoin," pegged to the value of the euro. In addition to tokenizing assets, STASIS offers a stablecoin-focused cryptocurrency wallet and advises various European regulators on digital asset regulation.

Tether enables businesses – including exchanges, wallets, payment processors, financial services and ATMs – to easily use fiat-backed tokens on blockchains. By leveraging Blockchain technology, Tether allows users to store, send and receive digital tokens person-to-person, globally, instantly, and securely.

TrustToken is a platform for tokenizing fiat currencies and real-world assets. It offers full collateral, regular auditing and legal protection for token-holders to redeem its stablecoin, called TrueUSD, for fiat currency.

Xfers provides businesses in South East Asia with the ability to collect both credit card and internet banking payments and lets customers make purchases online using only their phone number. The company was founded in 2014 and is based in Singapore.