Avalon Labs is a BTCFi protocol aims to increase the use of Bitcoin within its platform by allowing users to unlock the value of their holdings by using them as collateral to obtain USDa. Avalon Labs also offers financial products such as Bitcoin-backed loans, interest-bearing savings accounts, and a credit card.

Yala connects Bitcoin liquidity with a meta yield stablecoin. Designed as both a potent asset and a liquidity enhancer, the stablecoin, yU, operates across various ecosystems, increasing efficiency without the need for bridges or relocating the underlying Bitcoin. Yala empowers Bitcoin holders and ecosystem participants with expanded utility, all while maintaining the security of Bitcoin’s infrastructure.

Ethena is building derivative infrastructure to enable Ethereum to transform into the Global Internet Bond via delta-neutral positions on stETH, to create the first crypto-native, yield bearing stablecoin: USDE.

The MAITRIX is a next-generation stablecoin protocol, allowing AI projects to issue their own Intelligent Stablecoin backed by their native token. Token holders can use the MAITRIX to mint supported AI USDs, stake for rewards, and provide liquidity through select token pairs.

Sky is a peer-to-contract lending platform that enables over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms, and incentives for external actors. Once generated, Dai can be sent to others, used as payments for goods and services, or held as long-term savings.

Aave is a decentralized finance protocol for borrowing and lending, where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) fashion. AAVE is used as the center of gravity of Aave Protocol governance, allowing users to vote and decide on the outcome of Aave Improvement Proposals (AIPs). Additionally, AAVE can be staked within the protocol's Safety Module to provide security/insurance to the protocol and depositors. Stakers earn staking rewards and fees from the protocol.

StandX is a perpetual DEX that enables users to trade with yield-earning margins. DUSD is StandX's first product - a yield-bearing stablecoin.

Resolv is a delta-neutral stablecoin protocol revolves around tokenizing a market-neutral portfolio. The architecture is based on an economically viable and fiat-independent yield source. This allows to distribute competitive returns to liquidity providers of the protocol.

BIMA is an omni-chain stablecoin protocol on Bitcoin. Users across the BTC ecosystem can stake Bitcoin as collateral, restake liquid staking tokens, and mint USBD (Universal Stable Bitcoin Dollar).

Lista DAO is a decentralized stablecoin lending protocol powered by LSDfi. Users can undergo staking and liquid staking on Lista, as well as borrow lisUSD against a variety of decentralized collateral. Lista aims to position lisUSD as the number one stablecoin in the crypto space, leveraging on innovative liquid staking solutions.

River is building the circulatory system for crypto, connecting capital, liquidity, and yield across chains. Powered by the omni-CDP stablecoin protocol, it lets users earn, leverage, and scale—without selling their assets. satUSD is an over-collateralized stablecoin backed by BTC, ETH, BNB, and other liquid staking tokens (LSTs).

Usual is a fiat-backed stablecoin protocol that plans to launch USD0, a permissionless and fully compliant stablecoin backed 1:1 by real-world assets (RWAs), and USUAL, a governance token that allows the community to guide the future evolution of the network. Usual addresses current stablecoin market issues by redistributing profits to the community, rewarding token holders with real yields generated by the RWAs.

Level is a stablecoin protocol powered by restaked dollar tokens like USDT and USDC. Level USD (lvlUSD) is a liquid restaked dollar: a yield-bearing, cross-chain dollar token that's backed 1:1 by restaked stablecoins.

USDD is a decentralized stablecoin issued by TRON DAO Reserve. It maintains a 1:1 peg to the US dollar through over-collateralization with crypto assets like BTC, USDT, USDC, and TRX. The project uses smart contracts for issuance and redemption, enabling transactions and staking.

XSY is building a Next Gen Digital Synthetic Dollar, $UTY, creating a structured, scalable way to unlock blockchain ecosystems dormant potential.

CAP is a stablecoin engine to break users free from the cycle of endogenous models. CAP’s stablecoin engine will produce redeemable stablecoins of various denominations, such as USD, BTC, and ETH. Their goal will be to democratize access to what was previously only available to a few sophisticated and already-wealthy actors. This includes the deepest wells of yield, such as arbitrage, MEV, and RWAs.

Ampleforth is an algorithmic rebase cryptocurrency that aims to power innovations in money. It adjusts its total supply daily based on market conditions, transferring volatility from price to supply.

Hyperstable is a Crypto-Backed, Over-Collateralized and Decentralized stablecoin that's designed to trade at one US Dollar. Borrowers can mint $USDH against supported Collateral Types.

ORIGIN is a DeFi 3.0 protocol based on the algorithmic non-stablecoin LGNS, aiming to establish a privacy-anonymous stablecoin payment ecosystem. ORIGIN achieves stable and predictable currency issuance through advanced algorithmic technology, allowing individuals to issue algorithmic non-stablecoins and mint them into algorithmically private and anonymous stablecoins, reducing dependence on traditional central banks.

Stable Jack offers yield-based stablecoins, volatility AVAX tokens, and stable swap products. Yield-based stablecoins emphasize capital efficiency, no liquidation risk, and no centralization risk. Volatility AVAX tokens provide DeFi composability without paying funding fees or liquidation risk. Stable swaps facilitate unilateral liquidity provision.

Lambda Finance is a Bitcoin-based USD stablecoin protocol that enables bitcoin holders to take advantage of DEFI's money-making opportunities. Users can mint BTCUSD with their Bitcoin while maintaining long-term exposure and redeem BTCUSD at any time at a 1:1 ratio as the underlying collateral.

USDT0 is a stablecoin built using LayerZero's OFT Standard for deployments and asset transfers to new chains. USDT0 tokens can be redeemed by unlocking the corresponding USDT on Ethereum, from any supported chain, which always maintains a strict 1:1 backing.

Noon is a yield–generating stablecoin protocol that ensures maximum value flows to users. 80% of deployment returns go to holders of staked stablecoins (sUSN). 10% goes to Insurance Fund—unused funds flow back to staked governance tokens (sNOON). 10% covers ops costs (and any excess flows to Insurance Fund).

Aqua Protocol is an over-collaterized LSD-backed stablecoin protocol on the TON blockchain.

Frax Finance is a stablecoin protocol issues innovative, decentralized stablecoins and contains subprotocols to support them. The Frax Protocol currently issues 3 stablecoins: FRAX, FPI, and frxETH. FRAX v3 is a dollar-pegged stablecoin that uses AMO smart contracts and permissionless, non-custodial subprotocols as stability mechanisms. The two internal subprotocols used as stability mechanisms are Fraxlend, a decentralized lending market and Fraxswap, an automated market maker (AMM) with special features. The external subprotocol used as a stability mechanism is Curve.

TaoFi is a DeFi infrastructure based on the Bittensor ecosystem, including TAO-backed stablecoins, decentralized exchanges, and a liquid staking version of the TAO token.

Reservoir is a decentralized stablecoin protocol on Berachain, offering users a widely accessible next-gen stablecoin, rUSD, a liquid yielding asset, srUSD, a term based yielding asset, trUSD, and permissionless lending market. The protocol is backed by multiple digital and real world assets - providing the most scalable stablecoin through DeFi applications and real world asset integrations.

Resupply is a decentralized stablecoin protocol, leveraging the liquidity and stability of lending markets. Resupply is a subDAO protocol of Convex Finance and Yearnfi.

Abracadabra is a cross-chain stablecoin lending protocol that allows users to provide collateral in the form of various interest-bearing crypto assets, such as yvYFI, yvUSDC, xSUSHI, and more. With Abracadabra, users can use the interest-bearing tokens they get from staking in vaults as collateral to mint Magic Internet Money (MIM), Abracadabra's USD-pegged stablecoin, and use it for other purposes.

Nuon.fi is a safe and transparent DeFi protocol where users can mint Nuon flatcoins to hedge against inflation and take advantage of arbitrage opportunities. Nuon is a decentralized flatcoin — a stablecoin with a price peg that rises and falls in line with inflation rates, protecting holders from any loss of value due to inflation.