Yield-Bearing Stablecoin
Coins in the Yield-Bearing Stablecoin category. 8 coins listed. Updated weekly.
Stablecoins are cryptocurrencies designed to maintain a stable value relative to a fiat currency, most commonly the US dollar. Explore the listed coins and compare what they do and how they are categorized.
These groupings help you discover related projects; they are not endorsements. Category tags come from CoinGecko and may overlap. Sharing a category does not mean tokens have identical functions or confer the same rights.
USDY is a tokenized secured note whose issuer changed from a U.S. special-purpose vehicle to Ondo Global Markets (BVI) Limited on December 15, 2025. Its official product page still labels the issuer domicile as United States, so CoinYQ treats the current legal notes as controlling and preserves the conflict.
BFUSD is a Binance-issued account balance that can earn daily USD-stablecoin rewards and serve as Futures margin. It is not an on-chain stablecoin: withdrawal, redemption, collateral value and reward calculation follow Binance's product terms.
Re Protocol reUSD is a senior, yield-accruing receipt token, distinct from Resupply's same-ticker asset. Current documents describe deployment-based blended yield and a loss order of reinsurer equity, reUSDe, then reUSD. KYC, custody, principal-at-risk notes and finite redemption buffers qualify its principal-protection claim.
apyUSD turns Apyx’s dividend income into a vault share measured in apxUSD. June’s STRC selloff showed why a rising share rate could coexist with a falling dollar price; its evolving withdrawal rules add a second delay before a holder reaches cash.
USDai is the liquid token in USD.AI’s three-part system: PYUSD-backed in current documents, separate from the GPU-credit-bearing sUSDai vault and CHIP governance. Official pages announce KYC-only direct minting and redemption from April 6, yet the reviewed Arbitrum v1.6 code exposes PYUSD deposit and withdrawal without that whitelist or 10-bps redemption fee. sUSDai exits currently use 30-day FIFO epochs; QEV bidding remains a proposal.
Wrapped M began in 2024 as M0's answer to a DeFi accounting problem: turn rebasing M into a six-decimal token with a fixed wallet balance. A July 31, 2026 upgrade kept the same Ethereum proxy but routed conversion through SwapFacility and added pause, freeze and forced-transfer roles. wM records a token balance corresponding to the M recorded by the wrapper; possession alone does not authorize direct conversion to M or create a claim on offchain collateral.
fxSAVE is an ERC-4626 wrapper over the fxUSD/USDC Stability Pool: yield comes from defending the peg and harvesting rewards, while exits, fees and upgrades remain protocol-controlled.
USDu’s biography fixes its Solana and BSC contracts, explains controlled minting, delta-neutral backing and sUSDu, and exposes custody, admin, redemption and legal-right limits.