Stablecoins

258 coins #11 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 Price Market cap 24h

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

51 Euro Tether EURT $ 0.0730
$ 2.92M
$ 2.92 million
-0.54%
52 Vai VAI $ 0.999
$ 2.55M
$ 2.55 million
+0.07%
53 Rupiah Token IDRT $ 0.0000565
$ 2.54M
$ 2.54 million
-2.72%
54 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.64%
55 XAUT0 XAUT $ 4,696.30
$ 866.31T
$ 866.31 trillion
+0.07%
56 Maya Preferred MPRD $ 175,600.61
$ 35.12T
$ 35.12 trillion
+0.21%
57 USDCX USDCX $ 1.000
$ 202.31B
$ 202.31 billion
+0.01%
58 Tedra USD 2.0 USD.T $ 1.00
$ 100.06B
$ 100.06 billion
+0.04%
59 Blynex USD USDB $ 0.999
$ 99.88B
$ 99.88 billion
-0.07%
60 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
61 Hyper USD USDHL $ 1.00
$ 8.91B
$ 8.91 billion
+1.25%
62 Savings USDS SUSDS $ 1.90
$ 4.62B
$ 4.62 billion
-20.18%
63 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
-0.01%
64 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
65 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
+0.00%
66 USAD USAD $ 0.983
$ 1.03B
$ 1.03 billion
+8.74%
67 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.06%
68 GUSD GUSD $ 0.999
$ 319.83M
$ 319.83 million
-0.03%
69 Staked USDai SUSDAI $ 1.08
$ 253.38M
$ 253.38 million
-0.01%
70 Frax USD FRXUSD $ 1.93
$ 204.39M
$ 204.39 million
-20.75%
71 infiniFi USD iUSD $ 1.000
$ 182.71M
$ 182.71 million
+0.02%
72 DOLA DOLA $ 1.78
$ 120.45M
$ 120.45 million
-21.54%
73 MNEE USD Stablecoin MNEE $ 1.00
$ 101.83M
$ 101.83 million
+0.05%
74 Sonic USD SCUSD $ 1.92
$ 81.52M
$ 81.52 million
-22.12%
75 Electronic USD eUSD $ 2.31
$ 67.02M
$ 67.02 million
-5.96%
76 Fidelity Digital Dollar FIDD $ 1.000
$ 59.59M
$ 59.59 million
+0.09%
77 EUR CoinVertible EURCV $ 1.17
$ 56.35M
$ 56.35 million
-0.08%
78 USD Neutrino USDN $ 0.0813
$ 51.82M
$ 51.82 million
+5.01%
79 OSL Group’s U.S. dollar USDGO $ 1.000
$ 50.00M
$ 50.00 million
+0.01%
80 Hylo USD HYUSD $ 1.00
$ 33.35M
$ 33.35 million
+0.03%
81 XT Stablecoin XTUSD $ 1.000
$ 32.79M
$ 32.79 million
-0.01%
82 Web 3 Dollar USD3 $ 1.69
$ 19.24M
$ 19.24 million
-20.15%
83 Silver Token XAGX $ 75.59
$ 18.90M
$ 18.90 million
-0.25%
84 JPYC JPYC $ 0.00760
$ 18.73M
$ 18.73 million
-1.59%
85 JPY Coin JPYC $ 0.00755
$ 17.74M
$ 17.74 million
-0.21%
86 USD Universal USDU $ 0.999
$ 15.54M
$ 15.54 million
-0.01%
87 eSui Dollar suiUSDe $ 0.997
$ 12.30M
$ 12.30 million
-0.39%
88 MAI MIMATIC $ 0.990
$ 12.17M
$ 12.17 million
+0.04%
89 USDM USDM $ 1.00
$ 12.07M
$ 12.07 million
+1.05%
90 Jupiter USD JupUSD $ 1.00
$ 11.70M
$ 11.70 million
-0.02%
91 USDA USDA $ 0.999
$ 10.14M
$ 10.14 million
-0.68%
92 FUSD FUSD $ 1.000
$ 9.60M
$ 9.60 million
-0.02%
93 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
94 USDz USDZ $ 0.984
$ 7.63M
$ 7.63 million
+0.06%
95 Celo Euro CEUR $ 1.17
$ 7.10M
$ 7.10 million
-0.06%
96 Resupply RSUP $ 0.102
$ 7.07M
$ 7.07 million
+2.46%
97 Schuman EURØP EUROP $ 1.17
$ 6.89M
$ 6.89 million
+0.05%
98 SPUSD SPUSD $ 1.01
$ 5.89M
$ 5.89 million
+0.43%
99 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.08M
$ 5.08 million
+0.48%
100 GYEN GYEN $ 0.00507
$ 4.89M
$ 4.89 million
+3.04%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
TerraClassicUSD USTC $ 0.00571
$ 31.89M
$ 31.89 million
+6.50%
Resolv RESOLV $ 0.0293
$ 11.13M
$ 11.13 million
+5.98%
Dai DAI $ 1.00
$ 5.15B
$ 5.15 billion
+0.17%
PAX Gold PAXG $ 4,701.79
$ 2.26B
$ 2.26 billion
+0.12%
Agora AUSD $ 1.00
$ 150.28M
$ 150.28 million
+0.09%
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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