Updated November 2026
86 Stablecoin Companies
Stablecoin companies issue or build on stablecoins: crypto tokens that track a currency such as the US dollar, backed by cash and treasuries or by other crypto. LeadWave's crypto database lists 86 stablecoin companies, as of November 2026. The table shows the 30 biggest, by funding and market rank, each with one decision maker.
Top stablecoin companies on the list
Tether
Circle
Ethena
Stellar
World Liberty Financial
MakerDAO
Paxos
- Stablecoin companies
- 86
- In LeadWave's database, November 2026
- Decision makers
- 82
- At 74 companies
- On CoinMarketCap
- 90%
- 77 with a ranked coin
- Funding raised
- $6B
- By 57 companies that disclose it
Top Stablecoin companies
The 30 biggest of 86, by funding raised and CoinMarketCap rank. Each row names one decision maker; the email is in the full list.
| Company | What it does | HQ | Size · funding | Decision maker |
|---|---|---|---|---|
| 1TetherUSDTtether.to | Here at Tether, our mission is to deliver the best possible service to our customers and clients.RWA Tokenization | Oxford | $400M raised#3 on CoinMarketCap7 employeesFounded 2019 | Michael Osei |
| 2CircleUSDCcircle.com | Circle is a global internet finance company built on blockchain technology and powered by crypto assets.Crypto BankingBlockchain | Boston | $711M raised#5 on CoinMarketCap1,100 employeesFounded 2013 | Jeremy AllaireCo-Founder, Chairman and CEO |
| 3EthenaUSDeethena.fi | Ethena Labs is a decentralized finance (DeFi) startup founded in 2023 and headquartered in Lisbon, Portugal.Crypto BankingRWA TokenizationDeFi | Lisbon | $1.2B raised#17 on CoinMarketCap11 employeesFounded 2023 | Elliot ParkerHead of Product Management |
| 4StellarXLMstellar.org | The Stellar Development Foundation (SDF) is a non-profit organization based in San Francisco, California, founded in 2014.Enterprise BlockchainRWA TokenizationCrypto Payment | San Francisco | $133M raised#16 on CoinMarketCap340 employeesFounded 2014 | Alex CordeiroVP Engineering |
| 5World Liberty FinancialUSD1worldlibertyfinancial.com | World Liberty Financial (WLFI) is a decentralized finance (DeFi) company founded in 2024 and registered in Delaware.Crypto BankingCrypto LendingLayer 1 and Layer 2 Blockchains | USA | $630M raised#27 on CoinMarketCap21 employeesFounded 2024 | Corey CaplanChief Technology Officer |
| 6MakerDAODAImakerdao.com | Maker is a decentralized autonomous organization on the Ethereum blockchain.Crypto SecurityCrypto Data and AnalyticsBitcoin | Santa Cruz | $54.5M raised#20 on CoinMarketCap1 employeesFounded 2014 | Jessica Salomon |
| 7PaxosUSDPpaxos.com | Paxos is a regulated financial institution building infrastructure to enable movement between physical and digital assets.Crypto InfrastructureBlockchain | New York | $538.5M raised#593 on CoinMarketCap390 employeesFounded 2012 | Charles CascarillaCEO and Co-Founder |
8 SuiSUIsui.io | The Sui Foundation is a nonprofit organization established in 2022 in Grand Cayman, Cayman Islands.Crypto GamingNFTLayer 1 and Layer 2 Blockchains | George Town | $60.6M raised#25 on CoinMarketCap190 employeesFounded 2022 | Ranier GadduangHead of Brand Marketing |
9 PayPalPYUSDpaypal.com | PayPal is a global financial technology company that has been enhancing commerce for over 25 years.Crypto WalletEnterprise BlockchainCrypto Payment | San Jose | #30 on CoinMarketCap24,000 employeesFounded 1998 | Alex ChrissPresident & CEO |
10 RippleRLUSDripple.com | Ripple provides one frictionless experience to send money globally using the power of blockchain.Crypto PaymentBlockchain | San Francisco | $293.8M raised#31 on CoinMarketCap1,400 employeesFounded 2012 | Cassie CraddockManaging Director UK and Europe |
11 GeminiGUSDgemini.com | Gemini is a licensed digital asset exchange and custodian built for both individuals and institutions.Crypto CustodyCrypto Exchanges | New York | $400M raised#440 on CoinMarketCap650 employeesFounded 2014 | Tyler WinklevossCo-Founder & CEO |
12 TerraLUNAterra.money | Terraform Labs was a blockchain company co-founded in 2018 by Do Kwon and Daniel Shin in Seoul, South Korea.Crypto PaymentDeFiBlockchain | Singapore | $207M raised#554 on CoinMarketCap16 employeesFounded 2018 | Do KwonFounder & CEO |
13 Flying TulipFTflyingtulip.com | Flying Tulip is an on-chain financial marketplace and decentralized exchange based in San Francisco, California, with operations also noted in New York City.Crypto LendingCrypto ExchangesDeFi | New York | $200M raised#1,442 on CoinMarketCap4 employeesFounded 2024 | Andre Cronje |
14 StableSTABLEstable.xyz | Stable is an institutional-grade blockchain platform that operates the Stablechain, specifically designed for stablecoin payments.Crypto CustodyCrypto WalletEnterprise Blockchain | Wisconsin Rapids | $28M raised#84 on CoinMarketCap8 employeesFounded 2024 | Brian MehlerChief Executive Officer |
15 Curve FinanceCRVcurve.finance | Curve is a decentralised protocol powering stablecoin and crypto markets across DeFi.Crypto LendingCrypto ExchangesDeFi | Zuerich | $5M raised#93 on CoinMarketCap5 employeesFounded 2020 | Michael EgorovFounder |
16 USDaiUSDAIusd.ai | USD.AI is a decentralized structured credit protocol that focuses on financing physical AI infrastructure and GPU-backed compute assets.Crypto LendingAI CryptoCrypto Infrastructure | George Town | $141.9M raised#217 on CoinMarketCap11 employees | David ChoiBuilding |
17 Falcon FinanceFFfalcon.finance | Falcon Finance is a decentralized finance (DeFi) protocol that provides a universal collateralization infrastructure.Crypto CustodyDeFiCrypto Startups | Wilmington | #102 on CoinMarketCap21 employeesFounded 2024 | Andrei GrachevManaging Partner |
18 PendlePENDLEpendle.finance | Pendle is a decentralized finance (DeFi) protocol based in Denver, Colorado, that allows users to tokenize and trade future yields on yield-bearing assets.Crypto Trading FirmsRWA TokenizationBitcoin | De Pere | $7.4M raised#107 on CoinMarketCap36 employeesFounded 2020 | Daniel WongGrowth Lead |
19 Mimomimo.capital | Building a DeFi protocol that offers PAR, the first stablecoin algorithmically pegged to the Euro.BitcoinDeFi | Singapore | $125.2M raised65 employeesFounded 2015 | Claude EguientaChief Executive Officer |
20 PlasmaXPLplasma.to | Plasma is a financial network and blockchain company focused on creating a global dollar account and stablecoin payment infrastructure.Crypto BankingCrypto PaymentLayer 1 and Layer 2 Blockchains | Cayman Islands | $24M raised#110 on CoinMarketCap62 employees | Paul FaecksCEO, Founder |
21 Sentzsentz.com | Sentz Global is a financial technology company based in Sacramento, California, founded between 2017 and 2018.Crypto BankingCrypto CustodyCrypto Wallet | San Francisco | $107.3M raised35 employeesFounded 2017 | Sara DrakeleyCEO |
22 MeteoraMETmeteora.ag | Meteora, also known as MeteoraAg, is a decentralized exchange (DEX) and liquidity composability layer built on the Solana blockchain.Crypto Trading FirmsCrypto ExchangesDeFi | Singapore | #138 on CoinMarketCap38 employees | Ben Chow |
23 GoМiningGOMININGgomining.com | GoMining Institutional is the institutional division of GoMining, specializing in Bitcoin mining infrastructure and yield strategies for eligible investors,…Bitcoin MiningCrypto CustodyCrypto Compliance | — | #144 on CoinMarketCap4 employees | Jeremy DreierManaging Director |
24 Newton ProtocolNEWTnewton.xyz | The Magic Newton Foundation is an independent organization dedicated to advancing the adoption of the Newton Protocol—the authorization layer for stablecoins,…Crypto ComplianceRWA TokenizationAI Crypto | — | $90M raised#798 on CoinMarketCap7 employees | Dennis WonCo-Founder & Chief Technology Officer |
25 TelcoinTELtelco.in | The company's eponymous cryptocurrency, Telcoin, is based on the popular Ethereum blockchainCrypto BankingCrypto ComplianceCrypto Wallet | Tokyo | $10M raised#151 on CoinMarketCap75 employeesFounded 2017 | Paul NeunerCo-Founder and CEO |
26 AvailAVAILavailproject.org | Avail is a blockchain infrastructure project that provides tools for connecting applications to major blockchain networks.Crypto GamingAI CryptoDeFi | Dubai | $72.7M raised#996 on CoinMarketCap55 employeesFounded 2019 | Anurag ArjunFounder |
27 CeloCELOcelo.org | Celo is a mobile-first blockchain optimized for peer-to-peer payments using only a mobile number.Crypto PaymentLayer 1 and Layer 2 BlockchainsDeFi | San Francisco | $66.5M raised#396 on CoinMarketCap130 employeesFounded 2017 | — |
28 Origin DollarOUSDousd.com | Origin Protocol is a blockchain technology company founded in May 2017, based in San Francisco, California, with additional operations in George Town, Cayman Islands.NFTCrypto PaymentDeFi | San Francisco | $57M raised#1,115 on CoinMarketCap37 employeesFounded 2017 | — |
29 Origin ProtocolOGNoriginprotocol.com | Origin Protocol is a blockchain technology company founded in May 2017, based in San Francisco, California, with additional operations in George Town, Cayman Islands.NFTCrypto PaymentDeFi | San Francisco | $57M raised#699 on CoinMarketCap37 employeesFounded 2017 | Josh Fraser |
30 BinanceRWUSDbinance.com | Binance is the largest cryptocurrency exchange globally, known for its high daily trading volume and extensive blockchain ecosystem.Crypto CustodyCrypto LendingCrypto Wallet | Valletta | $35M raised#201 on CoinMarketCap7,500 employeesFounded 2017 | Richard TengBinance, Co-CEO |
| Showing 30 of 86 stablecoin companies. Unlock them all, with 82 decision makers' emails. | ||||
Stablecoin companies at a glance
- 57 of the 86 stablecoin companies have disclosed funding, $6B raised in all.
- 77 (90%) have a coin or token ranked on CoinMarketCap.
- Most are small teams: 77% of those with a known headcount have 50 employees or fewer, and 6 have more than 500.
- USA has the most with a known headquarters: 37.
- Many are also on other lists: DeFi (48), Crypto Infrastructure (44) and Crypto Payment (28).
- 74 of them (86%) have a decision maker in the list, 82 people in all.
- USA37 · 43%
- Switzerland5 · 6%
- Cayman Islands4 · 5%
- Singapore4 · 5%
- Australia2 · 2%
- Canada2 · 2%
- Luxembourg2 · 2%
- Portugal2 · 2%
- DeFi48 · 56%
- Crypto Infrastructure44 · 51%
- Crypto Payment28 · 33%
- Crypto Startups24 · 28%
- RWA Tokenization24 · 28%
- Web324 · 28%
- Crypto Lending20 · 23%
- Crypto Compliance17 · 20%
- 20248 · 9%
- 20233 · 3%
- 20222 · 2%
- 20214 · 5%
- 20207 · 8%
- 20197 · 8%
- 20185 · 6%
- 201711 · 13%
How this list was built
A company is on it when its description, its Crunchbase industries or its CoinMarketCap tags say it works in stablecoin. Matching is broad on purpose, so a company can be on several lists. Companies whose website no longer works, or that collapsed (FTX, Celsius, BlockFi …), are left out.
The data comes from LeadWave's crypto database, last updated in November 2026: companies from Crunchbase and CoinMarketCap, each website checked to be live, with headquarters, headcount and funding refreshed in November 2026. Decision makers who had moved to another company were replaced or taken out. The table ranks companies by funding raised and CoinMarketCap rank, whichever puts them higher.
Every company here is in the list of crypto companies, 1,324 companies with their decision makers' emails.
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Frequently asked questions
Stablecoin companies issue or build on stablecoins: crypto tokens that track a currency such as the US dollar, backed by cash and treasuries or by other crypto.
LeadWave's crypto database lists 86 stablecoin companies, as of November 2026. Each company is counted once, however many coins or tokens it has.
The biggest, by funding raised and CoinMarketCap rank, are Tether, Circle, Ethena, Stellar and World Liberty Financial. The table on this page lists the top 30, each with one decision maker.
Each row on this page names one decision maker, often the CEO or a founder. Their emails are in the 1,300 Crypto Companies List: 1,324 companies and 1,165 decision makers' emails, 1,066 of them verified. It costs $99, one-time.
Companies come from Crunchbase and CoinMarketCap, and each website is checked to be live. Headquarters, headcount, founding year and funding were refreshed in November 2026. Decision makers' emails are found and verified one by one, and each person is checked against where they work now: anyone who had moved on was replaced with the company's current CEO or a founder, or taken out. The list is refreshed as the database grows; this page is from November 2026.