USYCvsUSDX
Circle USYC vs USDX Money USDX — side-by-side comparison of supply, chains, backing, and peg data.
Side-by-side
USYC — Circle USYC
USDX — USDX Money USDX
30-day peg stability dotted line = target · both charts share one scale
What the last 30 days show
Over the last 30 days USYC supply moved -14.6% and USDX +0.0% — USDX grew faster. USYC held the tighter band: worst deviation 1374 bps against 9912 bps.
Key differences
- USYC is roughly 3.7× larger than USDX by USD circulation value ($2.55B vs $683.4M).
- USYC ranks #10 while USDX ranks #18 among all tracked stablecoins.
- Both are pegged to the same currency (USD), so they compete directly for the same use cases.
- USYC is a fiat-backed stablecoin; USDX is crypto-backed. Different mechanism, different failure modes.
- USYC reports tokenized us treasuries in reserve. We do not track a published reserve breakdown for USDX.
- Chain coverage is comparable: USYC on 2 chains, USDX on 3.
Full comparison table
| Metric | USYC | USDX |
|---|---|---|
| USD circulation value | $2.55B | $683.4M |
| Rank (by USD value) | #10 | #18 |
| Peg | USD | USD |
| Mechanism | fiat-backed | crypto-backed |
| Backing | Tokenized US Treasuries | — |
| Chains deployed | 2 | 3 |
| Primary chain | BSC | BSC |
| Issuer | Circle | — |
| CoinGecko | View → | View → |
Frequently Asked Questions
What's the main difference between USYC and USDX?
Both track USD, so they compete for the same use cases. USYC holds tokenized us treasuries. We track no published reserve breakdown for USDX. USYC ranks #10 by USD value and USDX ranks #18.
Which is bigger, USYC or USDX?
USYC is larger, with $2.55B in circulation vs $683.4M for USDX. That's roughly 3.7× the size.
Is USYC safer than USDX?
Neither is inherently safer. Safety turns on reserve composition, issuer transparency, redemption rights and regulatory oversight — none of which this page audits. USYC uses a fiat-backed model; USDX uses a crypto-backed one. Read each issuer's most recent reserve attestation before choosing.
Can I convert between USYC and USDX?
Yes. USYC and USDX both trade on major centralized and decentralized exchanges. Since both track USD, the exchange rate is typically very close to 1:1. Direct swap protocols on Ethereum, Solana, and other chains offer the tightest spreads.
Should I choose USYC or USDX?
The right choice depends on your use case. Consider: which chain do you need? USYC is available on 2 chains and USDX on 3. What backing do you prefer? What's your integration surface (exchanges, DeFi protocols, payment providers)? Both have deep liquidity, so market cap alone shouldn't decide it.