About
Nexo is a crypto lending and wallet platform offering a Mastercard that operates in both credit and debit modes, letting users spend or borrow against crypto and stablecoin balances with crypto rewards.
Stablecoins
Key products
Chains
Related companies
Bitget
Exchange and issuer of yield-bearing BGUSD
Bitget is a global crypto exchange and copy-trading platform that launched BGUSD in May 2025, a yield-bearing stable asset certificate backed by tokenized US Treasury funds (including Superstate's USTB) offering ~4% yield. It also operates Bitget Wallet.
Binance
World's largest crypto exchange by volume
Binance is the world's largest crypto exchange by trading volume and the dominant venue for USDT and FDUSD stablecoin pairs. It previously issued BUSD (via Paxos, wound down in 2024) and operates BNB Chain, a major stablecoin settlement network. It promotes FDUSD and yield products like its RWA-backed offerings.
Bitpanda
Visa card linked to Bitpanda assets
The Bitpanda Card is a Visa debit card linked to a Bitpanda brokerage account, letting European users spend crypto, stablecoins and other assets in real time with rewards.
BNB Chain
High-volume EVM L1 with large stablecoin liquidity
BNB Chain is a high-throughput, low-fee EVM Layer-1 associated with Binance, hosting large USDT, USDC, and FDUSD liquidity. It is a major retail venue for stablecoin trading, payments, and DeFi activity, particularly in Asia.
Bybit
Major derivatives and spot exchange
Bybit is a leading global crypto exchange known for derivatives and perpetuals, with USDT, USDC and USDe carrying the bulk of stablecoin volume across spot and perp markets. It is one of the largest non-US trading venues by volume.
Coinbase
Largest US crypto exchange and USDC co-issuer
Coinbase is the largest US-listed crypto exchange and a primary stablecoin trading venue. It co-founded USDC with Circle via the Centre consortium and earns a share of USDC reserve revenue, while operating Base (its L2), Coinbase Wallet, custody and on/off-ramp services. In 2026 it is positioning around stablecoins, Base, and an 'everything exchange' strategy.