Stablecoins

314 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 agEUR AGEUR $ 1.16
$ 24.24M
$ 24.24 million
+0.05%
52 StablR Euro EURR $ 1.03
$ 17.59M
$ 17.59 million
+85.82%
53 Celo Dollar CUSD $ 0.999
$ 13.66M
$ 13.66 million
-0.00%
54 XSGD XSGD $ 0.783
$ 12.24M
$ 12.24 million
+0.30%
55 Decentralized Social DESO $ 1.22
$ 10.87M
$ 10.87 million
-0.57%
56 StablR USD USDR $ 0.198
$ 4.22M
$ 4.22 million
+0.05%
57 Ampleforth AMPL $ 1.24
$ 3.63M
$ 3.63 million
+1.13%
58 Bitshares BTS $ 0.00112
$ 3.35M
$ 3.35 million
-1.03%
59 USDV USDV $ 0.163
$ 2.79M
$ 2.79 million
+37.61%
60 Single Collateral Dai SAI $ 1.00
$ 2.66M
$ 2.66 million
+0.08%
61 Vai VAI $ 0.999
$ 1.78M
$ 1.78 million
+0.00%
62 Reservoir DAM $ 0.00227
$ 937,289
$ 937,289
-17.19%
63 USDK USDK $ 1.00
$ 489,966
$ 489,966
+0.48%
64 Tether CNH CNHT $ 0.0101
$ 252,500
$ 252,500
+0.00%
65 Basis Cash BAC $ 0.00171
$ 93,215
$ 93,215
+1.97%
66 Maya Preferred MPRD $ 534,452.36
$ 106.89T
$ 106.89 trillion
-0.64%
67 ZEDXION USDZ $ 0.998
$ 86.80B
$ 86.80 billion
+0.09%
68 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.01%
69 Savings USDS SUSDS $ 1.10
$ 3.81B
$ 3.81 billion
-1.05%
70 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.03%
71 Trivest USDI USDI $ 0.409
$ 409.05M
$ 409.05 million
-0.00%
72 Neutrino Index XTN $ 3.34
$ 173.40M
$ 173.40 million
-4.31%
73 Tether Fund USD.F $ 0.000750
$ 75.04M
$ 75.04 million
-28.63%
74 NXUSD NXUSD $ 1.02
$ 73.00M
$ 73.00 million
+2.33%
75 DOLA DOLA $ 1.04
$ 52.09M
$ 52.09 million
+6.35%
76 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.05M
$ 50.05 million
+0.00%
77 Jupiter USD JupUSD $ 1.000
$ 48.57M
$ 48.57 million
+0.01%
78 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
+0.00%
79 SPUSD SPUSD $ 0.997
$ 28.74M
$ 28.74 million
-0.33%
80 MetaMask USD MUSD $ 2.38
$ 27.91M
$ 27.91 million
+106.64%
81 Electronic USD eUSD $ 0.998
$ 22.51M
$ 22.51 million
-0.00%
82 JPYC JPYC $ 0.00850
$ 20.92M
$ 20.92 million
+0.04%
83 JPY Coin JPYC $ 0.00844
$ 19.84M
$ 19.84 million
-0.72%
84 AllUnity EUR EURAU $ 1.16
$ 18.71M
$ 18.71 million
-100.00%
85 Silver Token XAGX $ 66.27
$ 16.57M
$ 16.57 million
+2.45%
86 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
-0.00%
87 Hylo USD HYUSD $ 1.00
$ 13.33M
$ 13.33 million
+0.23%
88 MAI MIMATIC $ 0.974
$ 11.56M
$ 11.56 million
-0.48%
89 Schuman EURØP EUROP $ 1.16
$ 7.69M
$ 7.69 million
+0.20%
90 USDz USDZ $ 0.958
$ 7.43M
$ 7.43 million
+0.05%
91 Mento Euro CEUR $ 1.20
$ 7.29M
$ 7.29 million
-0.02%
92 Precious Metals USD pmUSD $ 0.599
$ 5.74M
$ 5.74 million
-2.12%
93 GYEN GYEN $ 0.00518
$ 4.75M
$ 4.75 million
+0.62%
94 AUDD AUDD $ 0.715
$ 3.07M
$ 3.07 million
+0.75%
95 USDKG USDKG $ 1.00
$ 3.00M
$ 3.00 million
+0.03%
96 Wrapped FRAX WFRAX $ 0.285
$ 2.61M
$ 2.61 million
-3.24%
97 Tokenised GBP TGBP $ 1.36
$ 2.61M
$ 2.61 million
+0.26%
98 ckUSDT CKUSDT $ 1.000
$ 2.07M
$ 2.07 million
-0.01%
99 USD Open Dollar USDO $ 0.00164
$ 1.68M
$ 1.68 million
-2.25%
100 ckUSDC CKUSDC $ 0.991
$ 1.61M
$ 1.61 million
-1.08%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
PAX Gold PAXG $ 4,413.92
$ 1.93B
$ 1.93 billion
+0.89%
Falcon USD USDF $ 0.996
$ 1.17B
$ 1.17 billion
+0.35%
EURC EURC $ 1.16
$ 466.29M
$ 466.29 million
+0.23%
EURITE EURI $ 1.16
$ 37.81M
$ 37.81 million
+0.20%
Global Dollar USDG $ 1.00
$ 3.46B
$ 3.46 billion
+0.12%
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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