Stablecoins

298 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 Origin Dollar OUSD $ 2.72
$ 20.24M
$ 20.24 million
+3.10%
52 Decentralized Social DESO $ 1.60
$ 14.24M
$ 14.24 million
+1.71%
53 Celo Dollar CUSD $ 0.976
$ 13.48M
$ 13.48 million
-4.38%
54 XSGD XSGD $ 0.776
$ 11.98M
$ 11.98 million
+0.12%
55 StablR Euro EURR $ 0.646
$ 11.08M
$ 11.08 million
+4.37%
56 StablR USD USDR $ 0.281
$ 6.01M
$ 6.01 million
-11.13%
57 Ampleforth AMPL $ 1.33
$ 4.00M
$ 4.00 million
+2.67%
58 Fei Protocol FEI $ 1.00
$ 3.57M
$ 3.57 million
+2.46%
59 Rupiah Token IDRT $ 0.0000569
$ 2.55M
$ 2.55 million
+1.89%
60 Vai VAI $ 0.998
$ 2.38M
$ 2.38 million
+1.11%
61 Level USD LVLUSD $ 1.000
$ 505,557
$ 505,557
+0.03%
62 Basis Cash BAC $ 0.00296
$ 161,488
$ 161,488
+8.19%
63 XAUT0 XAUT $ 4,026.20
$ 742.70T
$ 742.70 trillion
+0.05%
64 Maya Preferred MPRD $ 831,353.05
$ 166.27T
$ 166.27 trillion
+115.98%
65 USDCX USDCX $ 1.00
$ 202.47B
$ 202.47 billion
-0.05%
66 ZEDXION USDZ $ 0.997
$ 86.73B
$ 86.73 billion
-0.09%
67 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
68 Savings USDS SUSDS $ 1.10
$ 2.39B
$ 2.39 billion
-0.81%
69 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.02%
70 RUBX RUBx $ 0.0126
$ 1.26B
$ 1.26 billion
-2.17%
71 USAD USAD $ 0.992
$ 1.20B
$ 1.20 billion
-0.00%
72 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.02%
73 USX USX $ 1.000
$ 505.60M
$ 505.60 million
-0.00%
74 GUSD GUSD $ 1.000
$ 319.97M
$ 319.97 million
+0.03%
75 Frax USD FRXUSD $ 2.72
$ 288.01M
$ 288.01 million
-1.93%
76 Noble Dollar USDN $ 0.986
$ 113.37M
$ 113.37 million
-0.32%
77 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.80M
$ 82.80 million
+0.02%
78 NXUSD NXUSD $ 1.01
$ 72.36M
$ 72.36 million
+0.17%
79 EUR CoinVertible EURCV $ 1.15
$ 55.16M
$ 55.16 million
+0.18%
80 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
+0.02%
81 Electronic USD eUSD $ 1.61
$ 46.54M
$ 46.54 million
-16.40%
82 Jupiter USD JupUSD $ 1.00
$ 43.58M
$ 43.58 million
-0.86%
83 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
+0.00%
84 DOLA DOLA $ 0.996
$ 42.05M
$ 42.05 million
-0.29%
85 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
-0.01%
86 Precious Metals USD pmUSD $ 1.96
$ 18.81M
$ 18.81 million
+3.90%
87 JPY Coin JPYC $ 0.00781
$ 18.35M
$ 18.35 million
+5.41%
88 USD Universal USDU $ 1.000
$ 15.55M
$ 15.55 million
-0.00%
89 Overnight DAI+ DAI+ $ 0.963
$ 14.83M
$ 14.83 million
-1.21%
90 Silver Token XAGX $ 57.06
$ 14.27M
$ 14.27 million
-2.12%
91 eSui Dollar suiUSDe $ 0.999
$ 13.45M
$ 13.45 million
-0.97%
92 USDM USDM $ 0.996
$ 11.98M
$ 11.98 million
-1.43%
93 MAI MIMATIC $ 0.996
$ 11.95M
$ 11.95 million
-0.02%
94 Hylo USD HYUSD $ 1.00
$ 10.89M
$ 10.89 million
+0.13%
95 USDA USDA $ 1.01
$ 10.21M
$ 10.21 million
+0.68%
96 USDz USDZ $ 0.979
$ 7.59M
$ 7.59 million
+0.06%
97 Mento Euro CEUR $ 1.13
$ 6.89M
$ 6.89 million
+0.00%
98 Schuman EURØP EUROP $ 1.15
$ 6.76M
$ 6.76 million
+0.35%
99 GYEN GYEN $ 0.00615
$ 5.93M
$ 5.93 million
-0.02%
100 Resupply RSUP $ 0.0692
$ 4.81M
$ 4.81 million
+7.45%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Resolv RESOLV $ 0.0201
$ 8.58M
$ 8.58 million
+7.38%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.26B
$ 9.26 billion
+2.26%
Binance USD BUSD $ 1.00
$ 39.06M
$ 39.06 million
+0.77%
Quantoz EURQ EURQ $ 1.13
$ 5.29M
$ 5.29 million
+0.59%
Global Dollar USDG $ 1.00
$ 3.17B
$ 3.17 billion
+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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