Stablecoins

292 coins #12 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 Live Price Market cap 24h

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

51 Decentralized Social DESO $ 1.99
$ 17.71M
$ 17.71 million
+0.25%
52 Celo Dollar CUSD $ 0.993
$ 14.00M
$ 14.00 million
-1.01%
53 StablR Euro EURR $ 0.645
$ 11.06M
$ 11.06 million
+11.24%
54 Fei Protocol FEI $ 1.000
$ 3.57M
$ 3.57 million
+7.36%
55 Rupiah Token IDRT $ 0.0000555
$ 2.49M
$ 2.49 million
-1.49%
56 Vai VAI $ 0.999
$ 2.38M
$ 2.38 million
-0.07%
57 Reservoir DAM $ 0.00367
$ 1.47M
$ 1.47 million
+3.65%
58 Dopple DOP $ 0.0191
$ 1.23M
$ 1.23 million
+1.30%
59 StablR USD USDR $ 0.0548
$ 1.17M
$ 1.17 million
-88.72%
60 XAUT0 XAUT $ 4,003.70
$ 738.55T
$ 738.55 trillion
-1.09%
61 Maya Preferred MPRD $ 388,486.14
$ 77.70T
$ 77.70 trillion
+30.30%
62 USDCX USDCX $ 1.00
$ 202.57B
$ 202.57 billion
+0.04%
63 ZEDXION USDZ $ 0.998
$ 86.80B
$ 86.80 billion
-0.00%
64 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.01%
65 Savings USDS SUSDS $ 1.10
$ 2.42B
$ 2.42 billion
+0.37%
66 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.00%
67 RUBX RUBx $ 0.0130
$ 1.30B
$ 1.30 billion
+0.01%
68 USAD USAD $ 0.992
$ 1.20B
$ 1.20 billion
-0.50%
69 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.02%
70 USX USX $ 1.00
$ 505.62M
$ 505.62 million
-0.00%
71 GUSD GUSD $ 0.999
$ 319.81M
$ 319.81 million
-0.04%
72 Frax USD FRXUSD $ 2.75
$ 290.94M
$ 290.94 million
-24.92%
73 Noble Dollar USDN $ 0.993
$ 114.13M
$ 114.13 million
+0.52%
74 Tether Fund USD.F $ 0.00100
$ 100.16M
$ 100.16 million
-13.40%
75 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.81M
$ 82.81 million
+0.05%
76 NXUSD NXUSD $ 1.00
$ 71.91M
$ 71.91 million
-0.22%
77 Electronic USD eUSD $ 2.04
$ 59.03M
$ 59.03 million
-13.32%
78 EUR CoinVertible EURCV $ 1.14
$ 54.90M
$ 54.90 million
+0.08%
79 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.05M
$ 50.05 million
+0.03%
80 Jupiter USD JupUSD $ 1.00
$ 43.59M
$ 43.59 million
+0.98%
81 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
+0.00%
82 DOLA DOLA $ 0.996
$ 42.05M
$ 42.05 million
-0.16%
83 Strata Senior USDe srUSDe $ 1.02
$ 39.37M
$ 39.37 million
+0.02%
84 XT Stablecoin XTUSD $ 1.00
$ 32.83M
$ 32.83 million
+0.05%
85 JPY Coin JPYC $ 0.00777
$ 18.26M
$ 18.26 million
-0.11%
86 Precious Metals USD pmUSD $ 1.89
$ 18.08M
$ 18.08 million
-24.41%
87 MetaMask USD MUSD $ 1.000
$ 17.14M
$ 17.14 million
+0.00%
88 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.01%
89 Silver Token XAGX $ 57.59
$ 14.40M
$ 14.40 million
-0.79%
90 eSui Dollar suiUSDe $ 1.01
$ 13.66M
$ 13.66 million
+2.35%
91 Mai Stablecoin (BASE) MAI $ 0.996
$ 12.86M
$ 12.86 million
+0.22%
92 USDM USDM $ 1.00
$ 12.06M
$ 12.06 million
-0.16%
93 MAI MIMATIC $ 0.997
$ 11.96M
$ 11.96 million
+0.01%
94 Hylo USD HYUSD $ 1.00
$ 10.89M
$ 10.89 million
+0.03%
95 USDA USDA $ 1.01
$ 10.27M
$ 10.27 million
+0.43%
96 USDz USDZ $ 0.978
$ 7.59M
$ 7.59 million
+0.23%
97 Mento Euro CEUR $ 1.13
$ 6.89M
$ 6.89 million
+0.00%
98 Schuman EURØP EUROP $ 1.14
$ 6.72M
$ 6.72 million
+0.15%
99 Resupply RSUP $ 0.0601
$ 4.18M
$ 4.18 million
-11.51%
100 USDKG USDKG $ 0.965
$ 2.90M
$ 2.90 million
-3.57%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Curve.Fi USD Stablecoin CRVUSD $ 0.993
$ 204.79M
$ 204.79 million
+2.98%
Resolv RESOLV $ 0.0198
$ 8.47M
$ 8.47 million
+1.50%
Ripple USD RLUSD $ 0.999
$ 1.96B
$ 1.96 billion
+0.23%
EURC EURC $ 1.14
$ 423.31M
$ 423.31 million
+0.22%
Agora AUSD $ 0.998
$ 170.92M
$ 170.92 million
+0.22%
All Gainers

Market Cap

$ -- --%
Pro Chart

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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