Stablecoin Issuer · Alternatives
The best Bastion Protocol alternatives in 2026
Bastion provides enterprise stablecoin custody, payments and issuance, but businesses should verify fees, licences and security before onboarding. If Bastion Protocol is not the right fit, these 12 reviewed Stablecoin Issuer options are the closest matches, ranked by SkyBitcoins score. Read our full Bastion Protocol review
At a glance
Bastion Protocol vs the alternatives
| dApp | Score | TVL | Chains |
|---|---|---|---|
| Score 4.5 out of 10 | — | 2 | |
| Score 6.2 out of 10 | — | 1 | |
| Score 5.8 out of 10 | $247M | 1 | |
| Dai | Score 5.8 out of 10 | — | 1 |
| Score 5.7 out of 10 | $416M | 1 | |
| Score 5.0 out of 10 | — | 3 | |
| Score 4.5 out of 10 | $95.9M | 1 | |
| Score 4.5 out of 10 | $44.3M | 1 | |
| Score 4.2 out of 10 | — | 1 | |
| Score 4.2 out of 10 | — | 1 | |
| Saturn Network | Score 4.0 out of 10 | — | — |
| Score 4.0 out of 10 | — | — | |
| Score 3.5 out of 10 | $316K | 1 |
Ranked
Top Bastion Protocol alternatives
- 1
Agora
Stablecoin Issuer · Ethereum
Agora issues AUSD, a dollar-pegged stablecoin, and offers payment APIs for businesses. Its Bermuda licence and stated reserve model are useful signals, but redemption terms, audits and customer eligibility need checking before you rely on it.
ScoreScore 6.2 out of 10TVL — - 2
M0
Stablecoin Issuer · Ethereum
M0 is infrastructure for businesses that want to design, distribute and issue their own stablecoins, not a retail stablecoin app. Its modular approach offers flexibility, but fees, issuer details and the role of POWER need checking before you commit.
ScoreScore 5.8 out of 10TVL $247M+39.2% - 3
Dai
Stablecoin Issuer · Ethereum
Dai is a decentralized, Ethereum-based stablecoin designed to track the US dollar. It can be useful for holding or moving dollar-like value on-chain, but its peg is not guaranteed and transaction costs vary.
ScoreScore 5.8 out of 10TVL — - 4
Ethena USDtb
Stablecoin Issuer · Ethereum
Ethena USDtb is an Ethereum dollar stablecoin backed by tokenized Treasury assets, including BlackRock’s BUIDL fund. Check who can redeem it and how reserves are verified before relying on it as cash.
ScoreScore 5.7 out of 10TVL $416M−14.1% - 5
Usdd
Stablecoin Issuer · Tron, BNB Chain, Ethereum
USDD is a reserve-backed stablecoin issued by TRON DAO Reserve. Its cross-chain use may suit you, but verify the reserves, redemption terms and network before holding or transferring it.
ScoreScore 5.0 out of 10TVL — - 6
Frax USD
Stablecoin Issuer · Ethereum
Frax USD (frxUSD) is described as a fully collateralized dollar stablecoin with Ethereum minting and redemption. Reserve, redemption, and fee details are too sparse to treat it as cash-equivalent without checking first.
ScoreScore 4.5 out of 10TVL $95.9M−1.8% - 7
JupUSD
Stablecoin Issuer · Solana
JupUSD is a dollar-pegged stablecoin for Solana, built by Jupiter with Ethena. Its basic purpose is clear, but reserve, redemption and fee details are not published, so verify the token and exit route before using it.
ScoreScore 4.5 out of 10TVL $44.3M+14.0% - 8
Beans Palace
Stablecoin Issuer · Ethereum
Beans Palace’s site is branded Beanstalk: an Ethereum protocol that issues a native stablecoin using credit rather than collateral. Its core idea is clear, but fees, audits and practical user protections are not published here.
ScoreScore 4.2 out of 10TVL — - 9
Usdfi
Stablecoin Issuer · Abstract
Usdfi combines a stablecoin with swaps, lending, liquidity pools and yield tools. Its collateral model, fees and current network support need careful checking before you commit funds.
ScoreScore 4.2 out of 10TVL — - 10
Saturn Network
Stablecoin Issuer
Saturn is a Bitcoin-based trading app for swapping Runes, not a stablecoin issuer. Check wallet support, trading costs and custody arrangements before connecting funds.
ScoreScore 4.0 out of 10TVL — - 11
Num Finance
Stablecoin Issuer
Num Finance is infrastructure for institutions issuing or using local-currency stablecoins and tokenized assets, not a plug-and-play retail crypto app. Its reserve and compliance claims need verification before you commit funds or integrate.
ScoreScore 4.0 out of 10TVL — - 12
BabelFish
Stablecoin Issuer · Rsk
BabelFish is a stablecoin aggregation protocol built around XUSD, with a stated goal of making dollar liquidity usable across chains. Before using it, check which networks and stablecoins are currently supported: BabelFish does not publish its fees or a full support list.
ScoreScore 3.5 out of 10TVL $316K−51.7%