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 $ 0.799
$ 8.97M
$ 8.97 million
-1.46%
52 BiLira TRYB $ 0.0217
$ 3.67M
$ 3.67 million
-0.17%
53 Fei Protocol FEI $ 1.03
$ 3.50M
$ 3.50 million
+1.75%
54 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
+0.11%
55 Rupiah Token IDRT $ 0.0000563
$ 2.52M
$ 2.52 million
+0.21%
56 Euro Tether EURT $ 0.0422
$ 1.69M
$ 1.69 million
-2.74%
57 Dopple DOP $ 0.0203
$ 1.31M
$ 1.31 million
-0.58%
58 XAUT0 XAUT $ 4,419.00
$ 815.16T
$ 815.16 trillion
-0.86%
59 Maya Preferred MPRD $ 197,702.43
$ 39.54T
$ 39.54 trillion
+33.46%
60 USDCX USDCX $ 1.00
$ 202.51B
$ 202.51 billion
+0.01%
61 Blynex USD USDB $ 0.999
$ 99.90B
$ 99.90 billion
-0.10%
62 ZEDXION USDZ $ 1.06
$ 92.53B
$ 92.53 billion
+5.71%
63 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
64 Hyper USD USDHL $ 0.989
$ 8.79B
$ 8.79 billion
-0.32%
65 Savings USDS SUSDS $ 3.02
$ 7.43B
$ 7.43 billion
+0.06%
66 Royal Euro REUR $ 1.16
$ 5.81B
$ 5.81 billion
+0.15%
67 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
-0.01%
68 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
-0.00%
69 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
70 USAD USAD $ 0.969
$ 1.09B
$ 1.09 billion
-3.00%
71 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.07%
72 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.00%
73 USDai USDAI $ 1.000
$ 516.20M
$ 516.20 million
-0.02%
74 GUSD GUSD $ 0.999
$ 319.56M
$ 319.56 million
-0.21%
75 Frax USD FRXUSD $ 2.84
$ 301.15M
$ 301.15 million
+3.30%
76 Staked USDai SUSDAI $ 1.09
$ 255.12M
$ 255.12 million
-0.04%
77 DOLA DOLA $ 2.75
$ 171.54M
$ 171.54 million
+0.72%
78 Strata Senior USDe srUSDe $ 1.02
$ 146.68M
$ 146.68 million
-0.53%
79 Sonic USD SCUSD $ 2.80
$ 119.28M
$ 119.28 million
+1.72%
80 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.59M
$ 82.59 million
-0.68%
81 Electronic USD eUSD $ 2.78
$ 80.67M
$ 80.67 million
+1.03%
82 NXUSD NXUSD $ 0.992
$ 71.25M
$ 71.25 million
-2.98%
83 EUR CoinVertible EURCV $ 1.16
$ 55.92M
$ 55.92 million
+0.05%
84 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.05M
$ 50.05 million
+0.01%
85 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
-0.01%
86 Precious Metals USD pmUSD $ 2.23
$ 21.35M
$ 21.35 million
+2.79%
87 Silver Token XAGX $ 72.68
$ 18.17M
$ 18.17 million
-1.12%
88 JPYC JPYC $ 0.00699
$ 17.21M
$ 17.21 million
-1.28%
89 JPY Coin JPYC $ 0.00705
$ 16.57M
$ 16.57 million
+0.92%
90 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.01%
91 Hylo USD HYUSD $ 1.00
$ 14.96M
$ 14.96 million
-0.06%
92 eSui Dollar suiUSDe $ 1.00
$ 13.91M
$ 13.91 million
+0.44%
93 Mai Stablecoin (BASE) MAI $ 0.996
$ 12.86M
$ 12.86 million
-0.47%
94 USDM USDM $ 1.01
$ 12.10M
$ 12.10 million
+1.33%
95 MAI MIMATIC $ 0.976
$ 11.87M
$ 11.87 million
+0.12%
96 Jupiter USD JupUSD $ 0.999
$ 11.69M
$ 11.69 million
-0.03%
97 oneBTC ONEBTC $ 0.979
$ 11.04M
$ 11.04 million
-2.57%
98 USDA USDA $ 1.02
$ 10.33M
$ 10.33 million
+1.84%
99 FUSD FUSD $ 0.998
$ 9.88M
$ 9.88 million
-0.28%
100 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Reservoir DAM $ 0.0100
$ 3.95M
$ 3.95 million
+4.73%
Gemini dollar GUSD $ 1.00
$ 37.77M
$ 37.77 million
+0.30%
EURITE EURI $ 1.16
$ 47.95M
$ 47.95 million
+0.26%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.99B
$ 8.99 billion
+0.25%
United Stables U $ 1.00
$ 1.06B
$ 1.06 billion
+0.22%
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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