Stablecoins

254 coins #11 Page 3

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

Download
# Coins Price Market cap 24h

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

101 USC Stablecoin USC $ 1.00
$ 1.73M
$ 1.73 million
-0.56%
102 Parallel PAR $ 1.32
$ 1.70M
$ 1.70 million
+8.18%
103 HAI Index Token HAI $ 1.32
$ 1.65M
$ 1.65 million
+0.21%
104 Wrapped A7A5 1.0 wA7A5 $ 0.0135
$ 1.43M
$ 1.43 million
-0.03%
105 USDH USDH $ 0.997
$ 1.23M
$ 1.23 million
-0.04%
106 Balance Coin BLC $ 0.998
$ 1.03M
$ 1.03 million
+0.33%
107 MYRC MYRC $ 0.248
$ 768,142
$ 768,142
-0.10%
108 Auryn AU $ 0.0109
$ 762,913
$ 762,913
-6.93%
109 Wrapped USTC USTC $ 0.00844
$ 750,708
$ 750,708
+0.10%
110 Osmosis allUSDT USDT $ 1.000
$ 670,943
$ 670,943
+0.01%
111 UAH eStable UAHe $ 0.0235
$ 563,572
$ 563,572
+0.36%
112 Tether MXNt MXNT $ 0.0250
$ 500,000
$ 500,000
+0.00%
113 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
114 Mitosis Matrix USDT (Lista) MAUSDT_LISTA $ 0.989
$ 322,035
$ 322,035
+0.24%
115 UXD Stablecoin UXD $ 1.00
$ 299,023
$ 299,023
-0.04%
116 USDT+ USDT+ $ 1.000
$ 238,372
$ 238,372
+0.01%
117 BOB BOB $ 1.00
$ 221,473
$ 221,473
+0.02%
118 Frax USD frxUSD $ 1.000
$ 199,348
$ 199,348
+0.03%
119 Fathom Protocol FXD $ 0.670
$ 198,986
$ 198,986
-10.96%
120 USD+ USD+ $ 1.00
$ 170,662
$ 170,662
-0.05%
121 AXCNH AXCNH $ 0.145
$ 145,300
$ 145,300
+0.00%
122 Dephaser JPY JPYT $ 0.00621
$ 84,942
$ 84,942
-0.00%
123 VNX Euro VEUR $ 1.15
$ 79,903
$ 79,903
+0.00%
124 ARSe ARSe $ 0.000666
$ 66,553
$ 66,553
-0.05%
125 AURO Finance AURO $ 0.000205
$ 15,390
$ 15,390
-25.61%
126 GMONEY COIN GMC $ 0.000257
$ 12,875
$ 12,875
+1.18%
127 ARYZE eGBP EGBP $ 1.30
$ 10,429
$ 10,429
-1.88%
128 XUSD Stable XUSD $ 0.204
$ 1,502
$ 1,502
+0.00%
129 GGUSD GGUSD $ 1.000
$ 35
$ 35
-0.02%
130 EUR Neutrino EURN $ --
$ --
$ --
--%
131 BiLira TRYB $ --
$ --
$ --
--%
132 Frapped USDT fUSDT $ --
$ --
$ --
--%
133 xDAI XDAI $ 0.992
$ --
$ --
+0.14%
134 Zetos ZES $ --
$ --
$ --
--%
135 Iron BSC IRON $ --
$ --
$ --
--%
136 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
137 GYEN GYEN $ --
$ --
$ --
--%
138 BRCP TOKEN BRCP $ --
$ --
$ --
--%
139 Dopple DOP $ --
$ --
$ --
--%
140 Euro Tether EURT $ --
$ --
$ --
--%
141 wrapped JAXNET WJXN $ --
$ --
$ --
--%
142 oneBTC ONEBTC $ --
$ --
$ --
--%
143 ZEDXION USDZ $ --
$ --
$ --
--%
144 Meter Stable MTR $ 0.346
$ --
$ --
+0.00%
145 One Cash ONC $ --
$ --
$ --
--%
146 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
147 Basis Gold Share BAGS $ --
$ --
$ --
--%
148 JPY Coin JPYC $ --
$ --
$ --
--%
149 xDollar Stablecoin XUSD $ --
$ --
$ --
--%
150 SpiceUSD USDS $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
Reservoir DAM $ 0.0519
$ 17.66M
$ 17.66 million
+4.40%
TerraClassicUSD USTC $ 0.00442
$ 24.64M
$ 24.64 million
+0.97%
World Liberty Financial USD USD1 $ 1.00
$ 4.47B
$ 4.47 billion
+0.25%
Binance-Peg BSC-USD BSC-USD $ 1.000
$ 8.99B
$ 8.99 billion
+0.23%
Binance USD BUSD $ 1.000
$ 55.81M
$ 55.81 million
+0.19%
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.

Useful / Related Links