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
$ 11.54M
$ 11.54 million
+10.21%
52 Fei Protocol FEI $ 1.07
$ 3.63M
$ 3.63 million
+6.61%
53 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
+0.14%
54 Rupiah Token IDRT $ 0.0000548
$ 2.46M
$ 2.46 million
-1.76%
55 Euro Tether EURT $ 0.0451
$ 1.80M
$ 1.80 million
+21.59%
56 Dopple DOP $ 0.0193
$ 1.25M
$ 1.25 million
+0.90%
57 Level USD LVLUSD $ 0.999
$ 973,837
$ 973,837
-0.02%
58 AetherUSD USDA $ 0.920
$ 18.45
$ 18.45
+0.00%
59 XAUT0 XAUT $ 4,299.80
$ 793.17T
$ 793.17 trillion
+0.28%
60 Maya Preferred MPRD $ 148,694.08
$ 29.74T
$ 29.74 trillion
+0.33%
61 USDCX USDCX $ 1.00
$ 202.43B
$ 202.43 billion
+0.02%
62 Blynex USD USDB $ 0.999
$ 99.93B
$ 99.93 billion
+0.01%
63 ZEDXION USDZ $ 0.906
$ 78.79B
$ 78.79 billion
-9.23%
64 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.01%
65 Hyper USD USDHL $ 0.998
$ 8.87B
$ 8.87 billion
-0.67%
66 Savings USDS SUSDS $ 2.98
$ 7.47B
$ 7.47 billion
-2.58%
67 Royal Euro REUR $ 1.15
$ 5.75B
$ 5.75 billion
-0.10%
68 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.01%
69 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
+0.00%
70 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.01%
71 USAD USAD $ 0.967
$ 1.09B
$ 1.09 billion
-0.21%
72 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.01%
73 Royal Dollar RUSD $ 1.000
$ 999.94M
$ 999.94 million
+0.06%
74 GUSD GUSD $ 0.999
$ 319.83M
$ 319.83 million
+0.06%
75 Frax USD FRXUSD $ 2.78
$ 294.87M
$ 294.87 million
+0.82%
76 Staked USDai SUSDAI $ 1.09
$ 255.40M
$ 255.40 million
+0.04%
77 DOLA DOLA $ 3.62
$ 225.61M
$ 225.61 million
+31.55%
78 infiniFi USD iUSD $ 0.999
$ 182.59M
$ 182.59 million
-0.02%
79 Strata Senior USDe srUSDe $ 1.02
$ 146.67M
$ 146.67 million
-0.00%
80 Sonic USD SCUSD $ 2.79
$ 118.84M
$ 118.84 million
+1.49%
81 Electronic USD eUSD $ 2.73
$ 79.11M
$ 79.11 million
-2.17%
82 NXUSD NXUSD $ 1.00
$ 71.82M
$ 71.82 million
+0.38%
83 EUR CoinVertible EURCV $ 1.15
$ 55.37M
$ 55.37 million
-0.06%
84 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.02M
$ 50.02 million
+0.00%
85 Web 3 Dollar USD3 $ 3.16
$ 35.97M
$ 35.97 million
+5.22%
86 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
+0.02%
87 Precious Metals USD pmUSD $ 1.88
$ 17.97M
$ 17.97 million
-5.34%
88 Silver Token XAGX $ 67.77
$ 16.94M
$ 16.94 million
+0.06%
89 JPY Coin JPYC $ 0.00699
$ 16.42M
$ 16.42 million
-0.82%
90 USD Universal USDU $ 1.000
$ 15.55M
$ 15.55 million
-0.00%
91 Hylo USD HYUSD $ 1.00
$ 14.95M
$ 14.95 million
-0.01%
92 eSui Dollar suiUSDe $ 0.999
$ 13.86M
$ 13.86 million
-0.74%
93 Mai Stablecoin (BASE) MAI $ 0.995
$ 12.84M
$ 12.84 million
+0.15%
94 MAI MIMATIC $ 0.989
$ 12.02M
$ 12.02 million
-0.07%
95 USDM USDM $ 0.992
$ 11.94M
$ 11.94 million
-0.68%
96 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.02%
97 USDA USDA $ 0.984
$ 9.99M
$ 9.99 million
-1.95%
98 FUSD FUSD $ 1.00
$ 9.91M
$ 9.91 million
+0.24%
99 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%
100 USDz USDZ $ 0.973
$ 7.55M
$ 7.55 million
-0.05%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00598
$ 33.34M
$ 33.34 million
+8.55%
Resolv RESOLV $ 0.0177
$ 6.92M
$ 6.92 million
+8.23%
Reservoir DAM $ 0.00994
$ 3.92M
$ 3.92 million
+2.56%
Legacy Frax Dollar FRAX $ 0.996
$ 274.76M
$ 274.76 million
+0.40%
Dai DAI $ 1.00
$ 5.15B
$ 5.15 billion
+0.30%
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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