Stablecoins

274 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 $ 1.03
$ 11.51M
$ 11.51 million
+25.42%
52 Fei Protocol FEI $ 1.03
$ 3.51M
$ 3.51 million
+3.51%
53 BiLira TRYB $ 0.0188
$ 3.19M
$ 3.19 million
-13.30%
54 Vai VAI $ 0.997
$ 2.55M
$ 2.55 million
-0.48%
55 Rupiah Token IDRT $ 0.0000548
$ 2.46M
$ 2.46 million
-1.60%
56 Euro Tether EURT $ 0.0370
$ 1.48M
$ 1.48 million
-1.25%
57 Level USD LVLUSD $ 0.999
$ 973,902
$ 973,902
-0.01%
58 AetherUSD USDA $ 0.920
$ 18.45
$ 18.45
+0.00%
59 XAUT0 XAUT $ 4,277.50
$ 789.06T
$ 789.06 trillion
-0.52%
60 Maya Preferred MPRD $ 149,966.30
$ 29.99T
$ 29.99 trillion
-19.98%
61 USDCX USDCX $ 1.00
$ 202.41B
$ 202.41 billion
-0.04%
62 ZEDXION USDZ $ 1.18
$ 102.64B
$ 102.64 billion
+18.24%
63 Blynex USD USDB $ 1.00
$ 100.16B
$ 100.16 billion
+0.21%
64 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.01%
65 Hyper USD USDHL $ 1.00
$ 8.93B
$ 8.93 billion
+1.34%
66 Savings USDS SUSDS $ 3.05
$ 7.52B
$ 7.52 billion
+0.01%
67 Royal Euro REUR $ 1.15
$ 5.75B
$ 5.75 billion
-0.14%
68 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.00%
69 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
-0.00%
70 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.02%
71 USAD USAD $ 0.967
$ 1.09B
$ 1.09 billion
-0.10%
72 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.00%
73 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
-0.04%
74 GUSD GUSD $ 0.999
$ 319.70M
$ 319.70 million
-0.02%
75 Frax USD FRXUSD $ 2.78
$ 294.11M
$ 294.11 million
+0.66%
76 Staked USDai SUSDAI $ 1.09
$ 255.30M
$ 255.30 million
+0.03%
77 infiniFi USD iUSD $ 1.000
$ 182.72M
$ 182.72 million
+0.05%
78 DOLA DOLA $ 2.76
$ 172.21M
$ 172.21 million
+0.58%
79 Strata Senior USDe srUSDe $ 1.02
$ 146.67M
$ 146.67 million
-0.00%
80 Sonic USD SCUSD $ 2.76
$ 117.32M
$ 117.32 million
-0.03%
81 Lorenzo staked USD1+ SUSD1+ $ 1.02
$ 81.94M
$ 81.94 million
-1.24%
82 Electronic USD eUSD $ 2.76
$ 80.10M
$ 80.10 million
-3.27%
83 NXUSD NXUSD $ 0.992
$ 71.20M
$ 71.20 million
-2.25%
84 EUR CoinVertible EURCV $ 1.15
$ 55.40M
$ 55.40 million
-0.14%
85 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.02M
$ 50.02 million
-0.03%
86 Web 3 Dollar USD3 $ 3.03
$ 34.48M
$ 34.48 million
+7.69%
87 XT Stablecoin XTUSD $ 1.00
$ 32.80M
$ 32.80 million
+0.00%
88 Precious Metals USD pmUSD $ 1.84
$ 17.63M
$ 17.63 million
-8.49%
89 JPYC JPYC $ 0.00688
$ 16.95M
$ 16.95 million
+2.23%
90 Silver Token XAGX $ 67.69
$ 16.92M
$ 16.92 million
-0.72%
91 USD Universal USDU $ 1.000
$ 15.55M
$ 15.55 million
-0.01%
92 Hylo USD HYUSD $ 1.00
$ 14.95M
$ 14.95 million
-0.03%
93 eSui Dollar suiUSDe $ 0.996
$ 13.81M
$ 13.81 million
+0.94%
94 Mai Stablecoin (BASE) MAI $ 0.997
$ 12.87M
$ 12.87 million
+0.02%
95 MAI MIMATIC $ 0.988
$ 12.02M
$ 12.02 million
-0.10%
96 USDM USDM $ 0.999
$ 12.02M
$ 12.02 million
+0.12%
97 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.01%
98 USDA USDA $ 0.998
$ 10.13M
$ 10.13 million
+0.86%
99 FUSD FUSD $ 0.999
$ 9.89M
$ 9.89 million
-0.27%
100 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Ripple USD RLUSD $ 1.000
$ 1.84B
$ 1.84 billion
+0.11%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.07M
$ 5.07 million
+0.07%
BOLD Stablecoin BOLD $ 1.00
$ 31.69M
$ 31.69 million
+0.04%
USDD USDD $ 1.000
$ 1.44B
$ 1.44 billion
+0.02%
PayPal USD PYUSD $ 1.00
$ 2.87B
$ 2.87 billion
+0.02%
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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