Category

USD Stablecoin coins: are they halal?

95 USD Stablecoin coins screened against our 27-point Shariah methodology. Open any report for pillar scores, criterion breakdowns and purification guidance.

What is USD Stablecoin?

USD stablecoins are cryptocurrency tokens designed to maintain a 1:1 value peg with the US dollar, typically issued on smart contract platforms such as Ethereum, Tron, and Solana. They maintain their peg through various mechanisms, including holding reserves of cash and cash equivalents (like short-term Treasury bills) audited or attested to by third parties, over-collateralization with other crypto assets, or algorithmic supply adjustments. Examples include Tether (USDT), USD Coin (USDC), and Dai (DAI), each differing in issuer structure, reserve composition, and degree of centralization.

Halal: 3 coins (3%)Mashbooh: 43 coins (45%)Haram: 49 coins (52%)95 coins
  • Halal3%
  • Mashbooh45%
  • Haram52%
ShariahRibaGhararMaysir
1524Plume USDPUSDHALAL83.7
1725DjedDJEDHALAL78.3
434USDKGUSDKGHALAL74.3
201GUSDGUSDMASHBOOH68.7
50USDDUSDDMASHBOOH68.5
1178USDMUSDMMASHBOOH66.9
1858Dollar On ChainDOCMASHBOOH66.8
615Pax DollarUSDPMASHBOOH66.4
1097Freedom DollarFUSDMASHBOOH66.3
2626Liquid Loans USDLUSDLMASHBOOH66.2
674Liquity USDLUSDMASHBOOH65.5
1043USD CoinVertibleUSDCVMASHBOOH65.3
363XDAIXDAIMASHBOOH64.6
1474Quantoz USDQUSDQMASHBOOH63.7
745pathUSDPATHUSDMASHBOOH63.7
712Universal USDUSDUMASHBOOH63.4
536BUSDBUSDMASHBOOH63.4
2001USDCx (Movement)USDCXMASHBOOH62.1
151FraxFRAXMASHBOOH61
1784Fei USDFEIMASHBOOH60.7
1389Anzens USDAUSDAMASHBOOH60.5
447Fidelity Digital DollarFIDDMASHBOOH60
1051Hylo USDHYUSDMASHBOOH59.3
104TrueUSDTUSDMASHBOOH59
1071YUSD StablecoinYUSDMASHBOOH59
48Ripple USDRLUSDMASHBOOH58.9
1267Worldwide USDWUSDMASHBOOH58.2
343Ondo U.S. Dollar TokenUSDONMASHBOOH58.1
530Gemini DollarGUSDMASHBOOH57.7
5USDCUSDCMASHBOOH57.5
22DaiDAIMASHBOOH57.4
988Mento DollarUSDMMASHBOOH57
28Global DollarUSDGMASHBOOH56.9
33PayPal USDPYUSDMASHBOOH56.8
621Mezo USDMUSDMASHBOOH56.8
169AUSDAUSDMASHBOOH55.9
374f(x) Protocol fxUSDFXUSDMASHBOOH54.5
1640NectarNECTMASHBOOH53.6
561Aegis YUSDYUSDMASHBOOH53.2
178USATUSATMASHBOOH52.3
99USXUSXMASHBOOH52
93GHOGHOMASHBOOH51.7
1420HUSDHUSDMASHBOOH51.2
2142US Sonic DollarUSSDMASHBOOH50.9
1433StablR USDUSDRMASHBOOH50.8
1698Lumi Finance LUAUSDLUAUSDMASHBOOH50.6
132apxUSDAPXUSDHARAM49.9
2221Parallel USDpUSDPHARAM49.3
2134Hermetica USDhUSDHHARAM48.9
605MetaMask USDMUSDHARAM48.8
597Hive DollarHBDHARAM48.6
24USD1USD1HARAM47.3
53Falcon USDUSDFHARAM47.3
1069MAIMIMATICHARAM47.2
1033VCREDVCREDHARAM46.7
3TetherUSDTHARAM46.4
146Legacy Frax DollarFRAXHARAM46.3
99Usual USDUSD0HARAM46.2
661OpenEden OpenDollarUSDOHARAM46.1
1946mStable USDMUSDHARAM45.5
1167Defi.moneyMONEYHARAM45.1
120USDtbUSDTBHARAM45
161crvUSDCRVUSDHARAM44.9
1729Flying Tulip USDFTUSDHARAM44.8
1299Alchemix USDALUSDHARAM44.7
2090VaiVAIHARAM44.1
66USDGOUSDGOHARAM43.8
746Electronic USDEUSDHARAM43.8
249Frax USDFRXUSDHARAM43.6
641BOLDBOLDHARAM43.4
252StandX DUSDDUSDHARAM43.4
2711dTRINITY USDDUSDHARAM42.7
1156eUSDEUSDHARAM42.4
–Satoshi StablecoinSATUSDHARAM42.1
258Saturn DollarUSDATHARAM42.1
1013eSui DollarSUIUSDEHARAM41.8
12USDSUSDSHARAM41.5
1075Hydrated DollarHOLLARHARAM41.2
417JupUSDJUPUSDHARAM40.9
1371Origin DollarOUSDHARAM38.6
788USDHUSDHHARAM38.6
2550LeverUp USDLVUSDHARAM38.5
2461Solomon USDvUSDVHARAM38.5
63United StablesUHARAM37.6
308Cap USDCUSDHARAM37.1
2498SuperReturn sSuperUSDSSUPERUSDHARAM34.5
466DOLADOLAHARAM33.8
97YLDSYLDSHARAM32
2448The Fedz FUSDFUSDHARAM30.9
1394AIUSDAIUSDHARAM30.7
1611Web 3 DollarUSD3HARAM30.4
642TerraClassicUSDUSTCHARAM30
759Main Street USDMSUSDHARAM28.9
2447USD+USD+HARAM28.6
1556Stables Labs USDXUSDXHARAM25.6

How CryptoUmmah screens USD Stablecoin coins

As with every category we track, coins here are screened individually against our 27-point methodology across the three core pillars — riba (interest), gharar (uncertainty), and maysir (speculation/gambling) — rather than being judged by category label alone. Two coins sharing this tag can land on very different verdicts depending on their specific tokenomics, revenue model, and governance structure. Across the 95 USD Stablecoin coins we've screened, the average Shariah compliance score sits at 50.6/100, with 3% classified Halal, 45% Mashbooh, and 52% Haram.