Stablecoins

253 coins #11 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 Dopple DOP $ 0.0206
$ 1.33M
$ 1.33 million
-0.44%
52 XAUT0 XAUT $ 4,507.10
$ 831.41T
$ 831.41 trillion
+0.29%
53 Maya Preferred MPRD $ 54,829.18
$ 10.97T
$ 10.97 trillion
-8.45%
54 Tedra USD 2.0 USD.T $ 1.01
$ 101.05B
$ 101.05 billion
-0.71%
55 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
56 Hyper USD USDHL $ 1.02
$ 9.06B
$ 9.06 billion
+2.33%
57 Savings USDS SUSDS $ 2.57
$ 5.64B
$ 5.64 billion
-0.28%
58 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
59 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.10%
60 DXBDT DXBDT $ 1.00
$ 1.00B
$ 1.00 billion
+0.03%
61 USAD USAD $ 1.00
$ 994.70M
$ 994.70 million
-0.62%
62 USDai USDAI $ 1.00
$ 516.46M
$ 516.46 million
-0.00%
63 Frax USD FRXUSD $ 3.04
$ 321.86M
$ 321.86 million
+0.08%
64 GUSD GUSD $ 1.00
$ 319.91M
$ 319.91 million
-0.04%
65 USX USX $ 0.997
$ 316.99M
$ 316.99 million
-0.33%
66 Staked USDai SUSDAI $ 1.07
$ 251.97M
$ 251.97 million
+0.06%
67 DOLA DOLA $ 3.08
$ 220.11M
$ 220.11 million
+1.48%
68 infiniFi USD iUSD $ 1.000
$ 182.75M
$ 182.75 million
+0.02%
69 Strata Senior USDe srUSDe $ 1.02
$ 146.72M
$ 146.72 million
-0.00%
70 Sonic USD SCUSD $ 3.06
$ 130.08M
$ 130.08 million
+0.89%
71 MNEE USD Stablecoin MNEE $ 1.000
$ 101.78M
$ 101.78 million
-0.01%
72 Fidelity Digital Dollar FIDD $ 1.000
$ 59.59M
$ 59.59 million
+0.04%
73 EUR CoinVertible EURCV $ 1.15
$ 55.39M
$ 55.39 million
+0.01%
74 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.01M
$ 50.01 million
-0.02%
75 USD Neutrino USDN $ 0.0688
$ 43.89M
$ 43.89 million
-4.95%
76 Hylo USD HYUSD $ 1.00
$ 33.43M
$ 33.43 million
-0.15%
77 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
+0.01%
78 Electronic USD eUSD $ 1.000
$ 28.97M
$ 28.97 million
-0.00%
79 Silver Token XAGX $ 69.82
$ 17.45M
$ 17.45 million
+0.04%
80 eSui Dollar suiUSDe $ 1.00
$ 12.87M
$ 12.87 million
+0.56%
81 USDM USDM $ 0.996
$ 11.99M
$ 11.99 million
-0.21%
82 Jupiter USD JupUSD $ 1.00
$ 11.70M
$ 11.70 million
+0.03%
83 USDA USDA $ 1.01
$ 10.22M
$ 10.22 million
+1.56%
84 FUSD FUSD $ 1.00
$ 9.51M
$ 9.51 million
+0.04%
85 Resupply RSUP $ 0.127
$ 8.85M
$ 8.85 million
-1.36%
86 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
87 USDz USDZ $ 0.995
$ 7.72M
$ 7.72 million
-0.00%
88 Wrapped FRAX WFRAX $ 0.412
$ 7.61M
$ 7.61 million
-2.79%
89 Celo Euro CEUR $ 1.15
$ 6.98M
$ 6.98 million
-0.20%
90 Schuman EURØP EUROP $ 1.15
$ 6.80M
$ 6.80 million
+0.29%
91 SPUSD SPUSD $ 1.00
$ 5.88M
$ 5.88 million
+0.13%
92 GYEN GYEN $ 0.00552
$ 5.32M
$ 5.32 million
+1.40%
93 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.09M
$ 5.09 million
-0.13%
94 Meta USD MUSD $ 1.00
$ 3.82M
$ 3.82 million
+0.26%
95 ckUSDT CKUSDT $ 0.999
$ 3.28M
$ 3.28 million
-0.01%
96 Mezo USD MUSD $ 0.996
$ 3.25M
$ 3.25 million
+0.04%
97 Decentralized Euro DEURO $ 1.15
$ 3.25M
$ 3.25 million
-0.02%
98 USDKG USDKG $ 1.00
$ 3.01M
$ 3.01 million
+0.19%
99 Tokenised GBP TGBP $ 1.33
$ 2.55M
$ 2.55 million
-0.00%
100 AUDD AUDD $ 0.687
$ 2.54M
$ 2.54 million
+0.15%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
Reservoir DAM $ 0.0288
$ 9.79M
$ 9.79 million
+1.10%
PAX Gold PAXG $ 4,516.21
$ 2.32B
$ 2.32 billion
+0.29%
USDS USDS $ 0.999
$ 11.63B
$ 11.63 billion
+0.22%
StablR USD USDR $ 0.997
$ 6.30M
$ 6.30 million
+0.16%
TrueUSD TUSD $ 0.998
$ 493.73M
$ 493.73 million
+0.12%
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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