Stablecoins

267 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 Price Market cap 24h

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

51 Fei Protocol FEI $ 0.870
$ 2.97M
$ 2.97 million
-12.94%
52 Vai VAI $ 1.13
$ 2.89M
$ 2.89 million
+22.16%
53 Rupiah Token IDRT $ 0.0000464
$ 2.08M
$ 2.08 million
-15.33%
54 deUSD DEUSD $ 0.000885
$ 109,217
$ 109,217
+16.27%
55 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
56 XAUT0 XAUT $ 4,536.20
$ 836.78T
$ 836.78 trillion
+0.20%
57 Maya Preferred MPRD $ 154,490.73
$ 30.90T
$ 30.90 trillion
+8.14%
58 USDCX USDCX $ 1.00
$ 202.45B
$ 202.45 billion
+0.01%
59 Blynex USD USDB $ 1.13
$ 112.97B
$ 112.97 billion
+22.77%
60 ZEDXION USDZ $ 0.998
$ 86.82B
$ 86.82 billion
+0.01%
61 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
62 Tether USD Bridged Wormhole USDTR $ 0.939
$ 25.37B
$ 25.37 billion
-1.32%
63 Hyper USD USDHL $ 0.997
$ 8.86B
$ 8.86 billion
+0.58%
64 Savings USDS SUSDS $ 3.26
$ 5.94B
$ 5.94 billion
-0.45%
65 Royal Euro REUR $ 1.16
$ 5.81B
$ 5.81 billion
+0.03%
66 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
67 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
+0.00%
68 USAD USAD $ 0.959
$ 1.01B
$ 1.01 billion
+1.38%
69 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.04%
70 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.00%
71 USDai USDAI $ 1.00
$ 516.39M
$ 516.39 million
-0.00%
72 GUSD GUSD $ 0.999
$ 319.87M
$ 319.87 million
-0.11%
73 Frax USD FRXUSD $ 3.00
$ 317.91M
$ 317.91 million
+0.62%
74 Tedra USD 2.0 USD.T $ 0.00316
$ 315.61M
$ 315.61 million
-99.83%
75 Tether Fund USD.F $ 0.00267
$ 266.52M
$ 266.52 million
+53.47%
76 Staked USDai SUSDAI $ 1.09
$ 254.49M
$ 254.49 million
-0.02%
77 DOLA DOLA $ 2.96
$ 193.64M
$ 193.64 million
-0.25%
78 infiniFi USD iUSD $ 0.999
$ 182.57M
$ 182.57 million
-0.00%
79 Sonic USD SCUSD $ 3.00
$ 127.70M
$ 127.70 million
+0.52%
80 MNEE USD Stablecoin MNEE $ 1.00
$ 101.79M
$ 101.79 million
-0.07%
81 Electronic USD eUSD $ 2.95
$ 85.58M
$ 85.58 million
-2.65%
82 NXUSD NXUSD $ 0.992
$ 71.22M
$ 71.22 million
-0.09%
83 EUR CoinVertible EURCV $ 1.16
$ 55.93M
$ 55.93 million
+0.01%
84 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.01M
$ 50.01 million
-0.00%
85 XT Stablecoin XTUSD $ 1.00
$ 32.80M
$ 32.80 million
-0.00%
86 Precious Metals USD pmUSD $ 2.64
$ 25.24M
$ 25.24 million
-5.51%
87 Silver Token XAGX $ 76.05
$ 19.01M
$ 19.01 million
+0.17%
88 JPYC JPYC $ 0.00768
$ 18.91M
$ 18.91 million
+8.04%
89 JPY Coin JPYC $ 0.00723
$ 16.99M
$ 16.99 million
-1.75%
90 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
+0.02%
91 Hylo USD HYUSD $ 1.00
$ 14.57M
$ 14.57 million
-0.03%
92 eSui Dollar suiUSDe $ 0.994
$ 13.79M
$ 13.79 million
-0.39%
93 Mai Stablecoin (BASE) MAI $ 0.997
$ 12.87M
$ 12.87 million
-0.03%
94 USDM USDM $ 1.00
$ 12.06M
$ 12.06 million
-0.62%
95 MAI MIMATIC $ 0.985
$ 11.98M
$ 11.98 million
-0.08%
96 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.00%
97 USDA USDA $ 1.00
$ 10.19M
$ 10.19 million
+0.77%
98 FUSD FUSD $ 0.998
$ 9.58M
$ 9.58 million
-0.25%
99 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
100 USDz USDZ $ 0.978
$ 7.59M
$ 7.59 million
-0.02%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.13
$ 10.15B
$ 10.15 billion
+22.39%
Binance USD BUSD $ 1.06
$ 58.89M
$ 58.89 million
+8.32%
USD Base Coin USDBC $ 1.00
$ 7.11M
$ 7.11 million
+0.52%
Resolv RESOLV $ 0.0305
$ 12.00M
$ 12.00 million
+0.37%
Reservoir DAM $ 0.0135
$ 5.24M
$ 5.24 million
+0.25%
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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