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 Celo Dollar CUSD $ 0.999
$ 13.99M
$ 13.99 million
+0.18%
52 FUSD FUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.01%
53 Decentralized Social DESO $ 1.23
$ 10.94M
$ 10.94 million
+0.57%
54 StablR Euro EURR $ 0.558
$ 9.56M
$ 9.56 million
-3.84%
55 StablR USD USDR $ 0.198
$ 4.22M
$ 4.22 million
+0.00%
56 Bitshares BTS $ 0.00122
$ 3.66M
$ 3.66 million
+1.87%
57 Ampleforth AMPL $ 1.22
$ 3.59M
$ 3.59 million
+0.08%
58 Single Collateral Dai SAI $ 0.992
$ 2.64M
$ 2.64 million
-0.78%
59 Euro Tether EURT $ 0.0515
$ 2.06M
$ 2.06 million
-2.06%
60 Vai VAI $ 0.999
$ 1.78M
$ 1.78 million
-0.00%
61 Reservoir DAM $ 0.00295
$ 1.22M
$ 1.22 million
+4.72%
62 USDK USDK $ 0.992
$ 484,570
$ 484,570
-0.65%
63 Tether CNH CNHT $ 0.0101
$ 252,500
$ 252,500
+0.00%
64 Basis Cash BAC $ 0.00175
$ 95,507
$ 95,507
-7.11%
65 Empty Set Dollar ESD $ 0.000270
$ 31,892
$ 31,892
-0.66%
66 Maya Preferred MPRD $ 536,340.19
$ 107.27T
$ 107.27 trillion
+7.55%
67 Mai Stablecoin (BASE) MAI $ 65,425.55
$ 844.64B
$ 844.64 billion
+75.08%
68 ZEDXION USDZ $ 0.998
$ 86.81B
$ 86.81 billion
-0.02%
69 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.00%
70 Savings USDS SUSDS $ 1.11
$ 3.86B
$ 3.86 billion
-0.13%
71 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.01%
72 Trivest USDI USDI $ 0.409
$ 409.04M
$ 409.04 million
-6.92%
73 Neutrino Index XTN $ 3.50
$ 181.71M
$ 181.71 million
-2.24%
74 Noble Dollar USDN $ 0.936
$ 107.62M
$ 107.62 million
-1.58%
75 NXUSD NXUSD $ 0.993
$ 71.32M
$ 71.32 million
-1.66%
76 Jupiter USD JupUSD $ 1.000
$ 52.63M
$ 52.63 million
-0.02%
77 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.05M
$ 50.05 million
+0.07%
78 DOLA DOLA $ 0.975
$ 48.80M
$ 48.80 million
-2.44%
79 Sonic USD SCUSD $ 1.00
$ 42.55M
$ 42.55 million
+0.01%
80 SPUSD SPUSD $ 0.997
$ 28.85M
$ 28.85 million
+0.13%
81 Electronic USD eUSD $ 0.998
$ 22.51M
$ 22.51 million
-0.03%
82 JPYC JPYC $ 0.00849
$ 20.91M
$ 20.91 million
+7.47%
83 JPY Coin JPYC $ 0.00850
$ 19.98M
$ 19.98 million
+6.99%
84 Silver Token XAGX $ 64.68
$ 16.17M
$ 16.17 million
-0.03%
85 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
+0.01%
86 Hylo USD HYUSD $ 0.999
$ 13.36M
$ 13.36 million
+0.12%
87 MAI MIMATIC $ 0.973
$ 11.55M
$ 11.55 million
-0.21%
88 EUUS EUUS $ 0.00200
$ 10.00M
$ 10.00 million
+1,566.67%
89 Schuman EURØP EUROP $ 1.16
$ 7.67M
$ 7.67 million
-0.01%
90 Mento Euro CEUR $ 1.23
$ 7.48M
$ 7.48 million
-1.42%
91 USDz USDZ $ 0.956
$ 7.42M
$ 7.42 million
-1.83%
92 GYEN GYEN $ 0.00515
$ 4.72M
$ 4.72 million
+0.00%
93 AUDD AUDD $ 0.714
$ 3.06M
$ 3.06 million
+0.13%
94 USDKG USDKG $ 1.00
$ 3.00M
$ 3.00 million
+0.01%
95 Wrapped FRAX WFRAX $ 0.290
$ 2.65M
$ 2.65 million
-1.16%
96 Tokenised GBP TGBP $ 1.35
$ 2.60M
$ 2.60 million
-0.09%
97 ckUSDT CKUSDT $ 1.00
$ 2.07M
$ 2.07 million
+0.05%
98 USD Open Dollar USDO $ 0.00168
$ 1.72M
$ 1.72 million
-0.20%
99 ckUSDC CKUSDC $ 1.00
$ 1.63M
$ 1.63 million
+0.71%
100 Wrapped A7A5 1.0 wA7A5 $ 0.0135
$ 1.32M
$ 1.32 million
-0.24%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Global Dollar USDG $ 1.00
$ 3.48B
$ 3.48 billion
+0.26%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 6.15M
$ 6.15 million
+0.20%
Resolv RESOLV $ 0.0177
$ 8.12M
$ 8.12 million
+0.11%
Gemini dollar GUSD $ 1.00
$ 30.56M
$ 30.56 million
+0.10%
Quantoz EURQ EURQ $ 1.14
$ 5.25M
$ 5.25 million
+0.08%
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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