Stablecoins

254 coins #11 Page 2

Stablecoins are digital currencies backed by things like regular money or commodities, which means they have a steady value. More

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# Coins Price Market cap 24h

The coins below are ranked lower due to missing data. Learn more

51 XAUT0 XAUT $ 4,631.10
$ 854.29T
$ 854.29 trillion
+0.04%
52 Maya Preferred MPRD $ 159,946.66
$ 31.99T
$ 31.99 trillion
+191.40%
53 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
54 AetherUSD USDA $ 0.0₉284
$ 28.40B
$ 28.40 billion
-2.41%
55 Savings USDS SUSDS $ 2.01
$ 3.88B
$ 3.88 billion
+1.64%
56 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.00%
57 DXBDT DXBDT $ 1.000
$ 999.85M
$ 999.85 million
-0.00%
58 Royal Dollar RUSD $ 1.000
$ 999.75M
$ 999.75 million
+0.02%
59 USAD USAD $ 1.00
$ 995.10M
$ 995.10 million
+0.00%
60 GUSD GUSD $ 1.000
$ 319.85M
$ 319.85 million
-0.03%
61 USX USX $ 0.984
$ 312.80M
$ 312.80 million
-1.80%
62 Staked USDai SUSDAI $ 1.08
$ 252.52M
$ 252.52 million
+0.00%
63 Frax USD FRXUSD $ 2.32
$ 245.66M
$ 245.66 million
+3.23%
64 infiniFi USD iUSD $ 1.000
$ 182.73M
$ 182.73 million
+0.01%
65 Strata Senior USDe srUSDe $ 1.01
$ 145.52M
$ 145.52 million
-0.03%
66 DOLA DOLA $ 2.01
$ 134.31M
$ 134.31 million
-6.47%
67 Noble Dollar USDN $ 0.993
$ 114.17M
$ 114.17 million
-0.57%
68 MNEE USD Stablecoin MNEE $ 1.000
$ 101.76M
$ 101.76 million
+0.03%
69 Sonic USD SCUSD $ 2.32
$ 98.61M
$ 98.61 million
+3.17%
70 EUR CoinVertible EURCV $ 1.15
$ 55.44M
$ 55.44 million
-0.02%
71 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.00M
$ 50.00 million
+0.00%
72 USD Neutrino USDN $ 0.0651
$ 41.38M
$ 41.38 million
-0.84%
73 Hylo USD HYUSD $ 1.000
$ 33.33M
$ 33.33 million
+0.00%
74 XT Stablecoin XTUSD $ 1.000
$ 32.80M
$ 32.80 million
+0.01%
75 Electronic USD eUSD $ 0.999
$ 28.95M
$ 28.95 million
+0.01%
76 Silver Token XAGX $ 73.03
$ 18.25M
$ 18.25 million
+0.10%
77 JPY Coin JPYC $ 0.00667
$ 15.67M
$ 15.67 million
+10,237.06%
78 JPYC JPYC $ 0.00564
$ 13.89M
$ 13.89 million
-15.59%
79 eSui Dollar suiUSDe $ 0.995
$ 12.28M
$ 12.28 million
+0.38%
80 MAI MIMATIC $ 0.998
$ 12.17M
$ 12.17 million
-0.04%
81 USDM USDM $ 0.991
$ 11.92M
$ 11.92 million
-1.58%
82 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.01%
83 USDA USDA $ 0.989
$ 10.04M
$ 10.04 million
-0.34%
84 FUSD FUSD $ 1.00
$ 9.51M
$ 9.51 million
-0.03%
85 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
86 USDz USDZ $ 0.995
$ 7.72M
$ 7.72 million
+0.05%
87 Resupply RSUP $ 0.108
$ 7.50M
$ 7.50 million
-2.42%
88 Celo Euro CEUR $ 1.15
$ 6.98M
$ 6.98 million
+0.20%
89 Schuman EURØP EUROP $ 1.15
$ 6.78M
$ 6.78 million
-0.00%
90 SPUSD SPUSD $ 1.00
$ 5.87M
$ 5.87 million
+0.03%
91 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.08M
$ 5.08 million
+0.56%
92 Meta USD MUSD $ 0.995
$ 3.80M
$ 3.80 million
-0.58%
93 Wrapped FRAX WFRAX $ 0.394
$ 3.53M
$ 3.53 million
-2.79%
94 ckUSDT CKUSDT $ 1.000
$ 3.29M
$ 3.29 million
-0.00%
95 Decentralized Euro DEURO $ 1.15
$ 3.25M
$ 3.25 million
+0.03%
96 USDKG USDKG $ 1.00
$ 3.00M
$ 3.00 million
+0.02%
97 AUDD AUDD $ 0.688
$ 2.55M
$ 2.55 million
+0.11%
98 Tokenised GBP TGBP $ 1.32
$ 2.54M
$ 2.54 million
+0.06%
99 USC Stablecoin USC $ 1.00
$ 1.73M
$ 1.73 million
+0.34%
100 Parallel PAR $ 1.33
$ 1.71M
$ 1.71 million
+8.94%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
USDS USDS $ 0.999
$ 11.80B
$ 11.80 billion
+0.22%
PayPal USD PYUSD $ 1.000
$ 3.94B
$ 3.94 billion
+0.21%
Quantoz USDQ USDQ $ 1.00
$ 6.02M
$ 6.02 million
+0.08%
Ripple USD RLUSD $ 1.00
$ 1.47B
$ 1.47 billion
+0.07%
Binance USD BUSD $ 1.000
$ 55.83M
$ 55.83 million
+0.05%
All Gainers

What is a stablecoin?

A stablecoin is a blockchain token engineered to hold a steady price by anchoring its value to an off-chain asset—typically the US dollar, euro, gold, or a basket of commodities.
Instead of 50 % daily swings like BTC, stablecoins aim for ±1 % variance, making them the settlement layer of crypto trading, remittances, and on-chain lending.
Combined market-cap exceeds $160 B; on some days USDT + USDC settle more dollar value than Visa.

Quick Facts

  • Purpose: Dollar (or gold) proxy inside smart-contract ecosystems; escape volatility without off-ramping to banks.
  • Peg mechanisms: Fiat reserves, over-collateralised crypto, algorithms, or hybrid.
  • Blockchains: 80 % issued on Ethereum; also Tron, BSC, Solana, Avalanche, Stellar.
  • Velocity: USDT averages >$40 B daily transfer value—double Bitcoin’s on-chain volume.
  • Regulatory lens: Payment stablecoins face MiCA in EU and draft US bills requiring 1:1 cash or Treasury backing.

Top Stablecoins (Live Examples)

Token Ticker Backing Type 2024 Circulating Auditors / Attestations
Tether USDT Fiat (USD) 110 B BDO (quarterly)
USD Coin USDC Fiat (USD) 32 B Grant Thornton (monthly)
Binance USD BUSD Fiat (USD)* 0.1 B Paxos (halted new mints)
True USD TUSD Fiat (USD) 0.5 B Moore HK (real-time dashboard)
DAI DAI Crypto (150 % ETH/BTC) 5.3 B Maker surplus buffer >$100 M
Frax FRAX Partial algo (95 % USD + 5 % FXS) 1.1 B DefiSafety score 93 %
Origin Dollar OUSD Basket (USDT, USDC, DAI) 60 M OpenZeppelin audits

How It Works

  1. User wires $1 M to issuer’s bank → issuer mints 1 M stablecoins on-chain.
  2. Token trades 1:1 on exchanges; arbitrage bots keep parity.
  3. Redemption portal – send 1 M tokens back → receive $1 M wire (Tether, Circle) or collateral auction (Maker).
  4. Reserve proof – monthly attestations or real-time dashboards show 1:1 backing.
  5. Smart-contract layer – DAI/FRAX mint only when users lock >$1.50 of crypto for each $1 stable.

Benefits

  • Volatility shelter – park profits during crypto drawdowns without off-ramping to banks.
  • 24/7 settlement – remit USD across borders in minutes for < $1 fee.
  • DeFi collateral – 80 % of on-chain loans use stablecoins as margin.
  • High yield – lend on Aave/Compound for 2-8 % APR vs 0.5 % bank savings.
  • FX access – Argentinians, Turks, Nigerians hold USD-stablecoins to escape local inflation.

Risks & Trade-offs

  • Custodial risk – bank freeze or issuer bankruptcy can break 1:1 peg (see BUSD shutdown).
  • Transparency gaps – Tether paid $41 M fine for reserve misstatements; off-shore banks add counter-party risk.
  • Regulatory crackdowns – EU MiCA bans interest-bearing stablecoins unless licensed as e-money.
  • Algorithmic death-spiral – UST lost $40 B in 3 days when LUNA backing collapsed.
  • Smart-contract bugs – DAI survived Black Thursday liquidations only via emergency MKR mint.
  • Sanctions exposure – Circle froze 75 K USDC addresses linked to Tornado Cash.

Final Thoughts

Stablecoins are the bridge between volatile crypto and the stable dollar economy—letting traders hedge, workers remit, and DeFi users collateralise without touching a bank.
The trade-off is trust: fiat-backed coins rely on auditors and banks, while crypto-backed ones rely on over-collateralisation and smart-contract correctness.
Treat them like digital dollars, but keep an eye on reserve attestations, regulatory headlines, and black-list policies before parking life-savings.

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