6 alternatives to Hylo

Other crypto-backed stablecoins in the register, ordered by verification and size. Hylo itself is of undisclosed headquarters, supporting 1 chain.

REG 00243

Sky

Protocol behind USDS and DAI, formerly MakerDAO

Crypto-backed Stablecoins Not disclosed 2015 Listed compare

REG 00538

Dual-token stablecoin on Ethereum

Crypto-backed Stablecoins Not disclosed — Listed compare

REG 00710

Dual-token stablecoin on RSK

Crypto-backed Stablecoins Not disclosed — Listed compare

REG 00715

Dual-token stablecoin on RSK

Crypto-backed Stablecoins Not disclosed — Listed compare

REG 00838

Mento

Algorithmic stablecoin across 4 chains

Crypto-backed Stablecoins Not disclosed — Listed compare

REG 00242

Ethena

Synthetic dollar protocol behind USDe

Crypto-backed Stablecoins Not disclosed 2023 Listed compare

Ordering is mechanical: verified entries first, then by value locked or size where public data exists. Sponsorship does not affect this list.