How many stablecoin exchanges are there now? How many types of stablecoins are there?

As of 2025, the number of stablecoin exchanges is about 1,000. 1. Stable coins supported by fiat currencies include USDT, USDC, etc. 2. Cryptocurrency-backed stablecoins such as DAI and sUSD. 3. Algorithm stablecoins such as TerraUSD. 4. There are also hybrid stablecoins.

Due to the dynamic nature of the cryptocurrency market, it is difficult to accurately count the number of stablecoin exchanges. There are many cryptocurrency exchanges around the world, and new exchanges are emerging, and there are also situations where they are closed or merged. According to industry reports, there will be thousands of exchanges in the cryptocurrency circle in 2025. Most of these exchanges support stablecoin trading, so the number of stablecoin exchanges is about a thousand.

As of 2025, there are more than dozens of stable currencies on the market and are still growing. Common stablecoins are as follows:

1. Stable coins supported by fiat currencies: such as USDT (Tether), USDC (USD currency), BUSD (Binance USD), PAX (Paxos standard), GUSD (Gemini USD), TUSD (Real USD), EURS (Euro Stable Coin), HUSD (Coin Huo USD), etc.
2. Stablecoins supported by cryptocurrencies: such as DAI (multi-collateralized DAI), sUSD (synthetic USD), etc.
3. Algorithm stablecoins: such as TerraUSD (UST), etc. However, UST has experienced a crash and may return to the forefront of the market in 2025 with improved algorithms and stronger ecological support.
4. Hybrid stablecoin: a stablecoin that combines the above types of characteristics.

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