Stablecoins

276 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 Live Price Market cap 24h

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

51 Fei Protocol FEI $ 1.03
$ 3.50M
$ 3.50 million
+1.69%
52 BiLira TRYB $ 0.0189
$ 3.20M
$ 3.20 million
+1.86%
53 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
+0.00%
54 Rupiah Token IDRT $ 0.0000544
$ 2.44M
$ 2.44 million
+0.74%
55 Dopple DOP $ 0.0195
$ 1.26M
$ 1.26 million
+1.36%
56 Level USD LVLUSD $ 1.000
$ 974,199
$ 974,199
+0.04%
57 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.53%
58 XAUT0 XAUT $ 4,192.10
$ 773.31T
$ 773.31 trillion
+3.87%
59 Maya Preferred MPRD $ 199,815.04
$ 39.96T
$ 39.96 trillion
-23.49%
60 USDCX USDCX $ 1.00
$ 202.51B
$ 202.51 billion
-0.01%
61 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
-0.00%
62 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
63 Tether USD Bridged Wormhole USDTR $ 0.997
$ 26.93B
$ 26.93 billion
-0.00%
64 Savings USDS SUSDS $ 9.09
$ 23.08B
$ 23.08 billion
+48.98%
65 Hyper USD USDHL $ 0.995
$ 8.85B
$ 8.85 billion
-0.97%
66 Royal Euro REUR $ 1.16
$ 5.79B
$ 5.79 billion
+0.39%
67 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.00%
68 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
+0.00%
69 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.00%
70 USAD USAD $ 1.02
$ 1.15B
$ 1.15 billion
+1.78%
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 Frax USD FRXUSD $ 6.48
$ 686.22M
$ 686.22 million
+19.23%
74 DOLA DOLA $ 10.45
$ 511.39M
$ 511.39 million
+32.37%
75 USX USX $ 1.000
$ 501.06M
$ 501.06 million
-0.01%
76 GUSD GUSD $ 0.999
$ 319.71M
$ 319.71 million
-0.14%
77 Sonic USD SCUSD $ 6.45
$ 274.35M
$ 274.35 million
+22.19%
78 Staked USDai SUSDAI $ 1.09
$ 255.39M
$ 255.39 million
+0.02%
79 infiniFi USD iUSD $ 0.999
$ 182.66M
$ 182.66 million
+0.05%
80 Electronic USD eUSD $ 6.20
$ 179.71M
$ 179.71 million
+27.80%
81 Strata Senior USDe srUSDe $ 1.02
$ 146.25M
$ 146.25 million
-0.00%
82 NXUSD NXUSD $ 1.02
$ 73.05M
$ 73.05 million
+0.29%
83 EUR CoinVertible EURCV $ 1.16
$ 55.74M
$ 55.74 million
+0.32%
84 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
-0.01%
85 Precious Metals USD pmUSD $ 4.48
$ 42.89M
$ 42.89 million
+15.35%
86 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
+0.03%
87 Silver Token XAGX $ 67.54
$ 16.89M
$ 16.89 million
+8.69%
88 JPY Coin JPYC $ 0.00707
$ 16.62M
$ 16.62 million
+2.94%
89 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.02%
90 Hylo USD HYUSD $ 1.00
$ 14.95M
$ 14.95 million
+0.01%
91 eSui Dollar suiUSDe $ 0.999
$ 13.86M
$ 13.86 million
+0.36%
92 Mai Stablecoin (BASE) MAI $ 0.997
$ 12.88M
$ 12.88 million
+0.10%
93 MAI MIMATIC $ 0.990
$ 11.97M
$ 11.97 million
+0.05%
94 USDM USDM $ 0.992
$ 11.94M
$ 11.94 million
-1.26%
95 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.00%
96 oneBTC ONEBTC $ 0.997
$ 11.24M
$ 11.24 million
-0.53%
97 USDA USDA $ 0.993
$ 10.08M
$ 10.08 million
+0.00%
98 FUSD FUSD $ 1.00
$ 9.92M
$ 9.92 million
-0.01%
99 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%
100 USDz USDZ $ 0.946
$ 7.33M
$ 7.33 million
-2.92%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Resolv RESOLV $ 0.0172
$ 6.73M
$ 6.73 million
+4.41%
PAX Gold PAXG $ 4,210.83
$ 1.92B
$ 1.92 billion
+3.70%
TerraClassicUSD USTC $ 0.00588
$ 32.81M
$ 32.81 million
+1.36%
Reservoir DAM $ 0.00924
$ 3.65M
$ 3.65 million
+0.73%
Kyrgyz Som Stablecoin KGST $ 0.0115
$ 5.12M
$ 5.12 million
+0.51%
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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