Stablecoins

264 coins #12 Page 2

Stablecoins are digital currencies backed by things like regular money or commodities, which means they have a steady value. More

# Coins Price Market cap 24h

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

51 BiLira TRYB $ 0.0238
$ 4.03M
$ 4.03 million
+5.96%
52 Euro Tether EURT $ 0.0781
$ 3.13M
$ 3.13 million
+9.86%
53 Vai VAI $ 1.05
$ 2.68M
$ 2.68 million
+9.15%
54 Dopple DOP $ 0.0214
$ 1.38M
$ 1.38 million
+11.49%
55 Level USD LVLUSD $ 0.999
$ 972,706
$ 972,706
-0.01%
56 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
57 XAUT0 XAUT $ 4,619.50
$ 852.15T
$ 852.15 trillion
-1.14%
58 Maya Preferred MPRD $ 162,605.15
$ 32.52T
$ 32.52 trillion
-1.26%
59 USDCX USDCX $ 1.000
$ 202.39B
$ 202.39 billion
-0.02%
60 Tedra USD 2.0 USD.T $ 1.85
$ 185.46B
$ 185.46 billion
+85.46%
61 Blynex USD USDB $ 1.04
$ 104.44B
$ 104.44 billion
+9.09%
62 ZEDXION USDZ $ 0.998
$ 86.82B
$ 86.82 billion
-0.02%
63 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
64 Tether USD Bridged Wormhole USDTR $ 1.07
$ 28.97B
$ 28.97 billion
+20.23%
65 Hyper USD USDHL $ 0.990
$ 8.80B
$ 8.80 billion
-0.70%
66 Savings USDS SUSDS $ 3.35
$ 6.40B
$ 6.40 billion
-0.01%
67 Royal Euro REUR $ 1.17
$ 5.83B
$ 5.83 billion
-0.45%
68 BFUSD BFUSD $ 1.00
$ 1.48B
$ 1.48 billion
+0.06%
69 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
-0.00%
70 USAD USAD $ 0.999
$ 1.05B
$ 1.05 billion
+2.89%
71 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.02%
72 DXBDT DXBDT $ 1.000
$ 999.78M
$ 999.78 million
-0.01%
73 Royal Dollar RUSD $ 1.000
$ 999.73M
$ 999.73 million
-0.05%
74 USDai USDAI $ 1.00
$ 516.46M
$ 516.46 million
+0.04%
75 Frax USD FRXUSD $ 3.05
$ 323.49M
$ 323.49 million
-0.02%
76 GUSD GUSD $ 1.00
$ 319.93M
$ 319.93 million
+0.06%
77 Staked USDai SUSDAI $ 1.09
$ 254.46M
$ 254.46 million
+0.04%
78 DOLA DOLA $ 3.03
$ 198.40M
$ 198.40 million
-0.60%
79 Strata Senior USDe srUSDe $ 1.02
$ 146.51M
$ 146.51 million
-0.34%
80 Sonic USD SCUSD $ 3.03
$ 129.12M
$ 129.12 million
-3.43%
81 MNEE USD Stablecoin MNEE $ 1.00
$ 101.80M
$ 101.80 million
+0.00%
82 Electronic USD eUSD $ 3.02
$ 87.60M
$ 87.60 million
-3.32%
83 NXUSD NXUSD $ 0.990
$ 71.08M
$ 71.08 million
-1.84%
84 EUR CoinVertible EURCV $ 1.17
$ 56.12M
$ 56.12 million
-0.48%
85 OSL Group’s U.S. dollar USDGO $ 1.000
$ 50.00M
$ 50.00 million
+0.01%
86 XT Stablecoin XTUSD $ 1.000
$ 32.79M
$ 32.79 million
-0.05%
87 Precious Metals USD pmUSD $ 2.69
$ 25.71M
$ 25.71 million
+4.94%
88 Silver Token XAGX $ 81.26
$ 20.31M
$ 20.31 million
-6.58%
89 JPY Coin JPYC $ 0.00751
$ 17.65M
$ 17.65 million
-1.08%
90 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.01%
91 Hylo USD HYUSD $ 1.00
$ 14.57M
$ 14.57 million
+0.07%
92 eSui Dollar suiUSDe $ 1.01
$ 13.97M
$ 13.97 million
+0.58%
93 Mai Stablecoin (BASE) MAI $ 0.996
$ 12.85M
$ 12.85 million
-0.29%
94 USDM USDM $ 0.999
$ 12.03M
$ 12.03 million
-0.01%
95 MAI MIMATIC $ 0.986
$ 11.99M
$ 11.99 million
+0.28%
96 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.00%
97 USDA USDA $ 0.994
$ 10.10M
$ 10.10 million
-0.58%
98 FUSD FUSD $ 1.000
$ 9.60M
$ 9.60 million
-0.08%
99 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%
100 USDz USDZ $ 0.982
$ 7.62M
$ 7.62 million
+0.02%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
Binance USD BUSD $ 1.11
$ 62.23M
$ 62.23 million
+24.51%
Reservoir DAM $ 0.0156
$ 6.06M
$ 6.06 million
+19.26%
Binance-Peg BSC-USD BSC-USD $ 1.05
$ 9.42B
$ 9.42 billion
+9.13%
Resolv RESOLV $ 0.0359
$ 14.12M
$ 14.12 million
+5.62%
USDS USDS $ 1.00
$ 11.04B
$ 11.04 billion
+0.77%
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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