Stablecoins

267 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 BiLira TRYB $ 0.0218
$ 3.68M
$ 3.68 million
-4.67%
52 Fei Protocol FEI $ 0.993
$ 3.38M
$ 3.38 million
+14.04%
53 Euro Tether EURT $ 0.0727
$ 2.91M
$ 2.91 million
-26.32%
54 Vai VAI $ 0.979
$ 2.50M
$ 2.50 million
-13.26%
55 Rupiah Token IDRT $ 0.0000538
$ 2.41M
$ 2.41 million
+15.84%
56 Dopple DOP $ 0.0201
$ 1.30M
$ 1.30 million
-4.23%
57 deUSD DEUSD $ 0.000892
$ 110,048
$ 110,048
+0.76%
58 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
59 XAUT0 XAUT $ 4,538.30
$ 837.17T
$ 837.17 trillion
-0.00%
60 Maya Preferred MPRD $ 149,872.53
$ 29.67T
$ 29.67 trillion
-3.97%
61 USDCX USDCX $ 1.00
$ 202.51B
$ 202.51 billion
+0.02%
62 Blynex USD USDB $ 0.974
$ 97.65B
$ 97.65 billion
-12.49%
63 ZEDXION USDZ $ 0.998
$ 86.81B
$ 86.81 billion
+0.00%
64 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
65 Hyper USD USDHL $ 0.997
$ 8.86B
$ 8.86 billion
+0.00%
66 Savings USDS SUSDS $ 3.26
$ 5.94B
$ 5.94 billion
-0.59%
67 Royal Euro REUR $ 1.16
$ 5.82B
$ 5.82 billion
+0.09%
68 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
-0.03%
69 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.00%
70 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
+0.00%
71 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.05%
72 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.00%
73 USAD USAD $ 0.900
$ 947.38M
$ 947.38 million
-6.35%
74 USDai USDAI $ 1.000
$ 516.30M
$ 516.30 million
-0.02%
75 GUSD GUSD $ 0.998
$ 319.59M
$ 319.59 million
-0.17%
76 Frax USD FRXUSD $ 2.97
$ 314.62M
$ 314.62 million
-1.20%
77 Staked USDai SUSDAI $ 1.09
$ 254.50M
$ 254.50 million
-0.01%
78 DOLA DOLA $ 2.95
$ 192.97M
$ 192.97 million
-0.79%
79 infiniFi USD iUSD $ 0.999
$ 182.56M
$ 182.56 million
-0.00%
80 Sonic USD SCUSD $ 3.01
$ 127.88M
$ 127.88 million
-0.43%
81 MNEE USD Stablecoin MNEE $ 1.00
$ 101.79M
$ 101.79 million
-0.01%
82 Electronic USD eUSD $ 3.00
$ 87.03M
$ 87.03 million
+1.77%
83 NXUSD NXUSD $ 0.992
$ 71.21M
$ 71.21 million
-0.67%
84 EUR CoinVertible EURCV $ 1.16
$ 56.08M
$ 56.08 million
+0.24%
85 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.02M
$ 50.02 million
+0.02%
86 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
+0.02%
87 Precious Metals USD pmUSD $ 2.61
$ 25.02M
$ 25.02 million
-0.54%
88 Silver Token XAGX $ 76.68
$ 19.17M
$ 19.17 million
+1.04%
89 AllUnity EUR EURAU $ 1.16
$ 18.79M
$ 18.79 million
-1.16%
90 JPYC JPYC $ 0.00723
$ 17.80M
$ 17.80 million
-4.88%
91 JPY Coin JPYC $ 0.00717
$ 16.86M
$ 16.86 million
-0.99%
92 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.00%
93 Hylo USD HYUSD $ 1.00
$ 14.58M
$ 14.58 million
+0.04%
94 eSui Dollar suiUSDe $ 1.00
$ 13.94M
$ 13.94 million
-0.21%
95 Mai Stablecoin (BASE) MAI $ 0.999
$ 12.90M
$ 12.90 million
+0.25%
96 USDM USDM $ 1.00
$ 12.04M
$ 12.04 million
-0.45%
97 MAI MIMATIC $ 0.982
$ 11.95M
$ 11.95 million
-0.30%
98 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.03%
99 oneBTC ONEBTC $ 0.987
$ 11.13M
$ 11.13 million
-0.79%
100 USDA USDA $ 0.996
$ 10.11M
$ 10.11 million
-0.72%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.11M
$ 5.11 million
+0.24%
EURITE EURI $ 1.16
$ 48.12M
$ 48.12 million
+0.22%
Agora AUSD $ 1.00
$ 135.77M
$ 135.77 million
+0.22%
PayPal USD PYUSD $ 1.00
$ 3.47B
$ 3.47 billion
+0.16%
EURC EURC $ 1.16
$ 449.02M
$ 449.02 million
+0.16%
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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