Stablecoins

272 coins #11 Page 2

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

# Coins Live Price Market cap 24h

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

51 StablR Euro EURR $ 1.16
$ 12.98M
$ 12.98 million
+0.00%
52 BiLira TRYB $ 0.0219
$ 3.70M
$ 3.70 million
+2.74%
53 Fei Protocol FEI $ 1.00
$ 3.41M
$ 3.41 million
-5.98%
54 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
+0.15%
55 Euro Tether EURT $ 0.0457
$ 1.83M
$ 1.83 million
-0.12%
56 Dopple DOP $ 0.0207
$ 1.34M
$ 1.34 million
-1.48%
57 XAUT0 XAUT $ 4,449.50
$ 820.79T
$ 820.79 trillion
-0.26%
58 Maya Preferred MPRD $ 148,314.87
$ 29.66T
$ 29.66 trillion
-1.03%
59 USDCX USDCX $ 1.00
$ 202.59B
$ 202.59 billion
+0.00%
60 Blynex USD USDB $ 1.00
$ 100.07B
$ 100.07 billion
+0.07%
61 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
62 ZEDXION USDZ $ 0.369
$ 32.14B
$ 32.14 billion
-62.92%
63 Tether USD Bridged Wormhole USDTR $ 0.999
$ 26.97B
$ 26.97 billion
+0.15%
64 Savings USDS SUSDS $ 2.99
$ 7.27B
$ 7.27 billion
-0.59%
65 Royal Euro REUR $ 1.16
$ 5.82B
$ 5.82 billion
-0.17%
66 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
-0.02%
67 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
+0.00%
68 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.02%
69 USAD USAD $ 0.938
$ 1.06B
$ 1.06 billion
-0.95%
70 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
71 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
-0.01%
72 GUSD GUSD $ 1.00
$ 320.30M
$ 320.30 million
+0.24%
73 Frax USD FRXUSD $ 2.75
$ 291.02M
$ 291.02 million
+0.80%
74 Staked USDai SUSDAI $ 1.09
$ 255.06M
$ 255.06 million
+0.02%
75 DOLA DOLA $ 2.72
$ 169.42M
$ 169.42 million
+0.10%
76 Sonic USD SCUSD $ 2.73
$ 116.23M
$ 116.23 million
-0.21%
77 Tether Fund USD.F $ 0.00105
$ 104.54M
$ 104.54 million
-58.49%
78 Electronic USD eUSD $ 2.75
$ 79.68M
$ 79.68 million
+1.09%
79 NXUSD NXUSD $ 1.01
$ 72.64M
$ 72.64 million
+2.15%
80 EUR CoinVertible EURCV $ 1.16
$ 56.01M
$ 56.01 million
-0.04%
81 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.06M
$ 50.06 million
+0.02%
82 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
-0.00%
83 Precious Metals USD pmUSD $ 2.11
$ 20.16M
$ 20.16 million
-3.38%
84 Silver Token XAGX $ 74.51
$ 18.63M
$ 18.63 million
-1.56%
85 JPYC JPYC $ 0.00714
$ 17.60M
$ 17.60 million
-1.24%
86 JPY Coin JPYC $ 0.00713
$ 16.75M
$ 16.75 million
-2.09%
87 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.00%
88 Hylo USD HYUSD $ 1.00
$ 14.96M
$ 14.96 million
+0.32%
89 eSui Dollar suiUSDe $ 0.991
$ 13.74M
$ 13.74 million
-1.29%
90 Mai Stablecoin (BASE) MAI $ 0.995
$ 12.84M
$ 12.84 million
-0.09%
91 USDM USDM $ 1.01
$ 12.21M
$ 12.21 million
+3.11%
92 MAI MIMATIC $ 0.973
$ 11.83M
$ 11.83 million
-0.23%
93 Jupiter USD JupUSD $ 1.00
$ 11.71M
$ 11.71 million
+0.09%
94 oneBTC ONEBTC $ 0.988
$ 11.15M
$ 11.15 million
-0.62%
95 USDA USDA $ 1.00
$ 10.20M
$ 10.20 million
+1.10%
96 FUSD FUSD $ 1.00
$ 9.91M
$ 9.91 million
+0.01%
97 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
98 USDz USDZ $ 0.974
$ 7.55M
$ 7.55 million
-0.44%
99 Mento Euro CEUR $ 1.16
$ 7.04M
$ 7.04 million
+0.00%
100 Schuman EURØP EUROP $ 1.17
$ 6.87M
$ 6.87 million
+1.02%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Reservoir DAM $ 0.0102
$ 4.04M
$ 4.04 million
+3.21%
Dai DAI $ 1.00
$ 5.14B
$ 5.14 billion
+0.25%
Quantoz USDQ USDQ $ 0.993
$ 5.77M
$ 5.77 million
+0.21%
USD Base Coin USDBC $ 1.00
$ 7.20M
$ 7.20 million
+0.16%
Ripple USD RLUSD $ 1.00
$ 1.82B
$ 1.82 billion
+0.14%
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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