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

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# Coins Price Market cap 24h

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

51 Euro Tether EURT $ 0.0719
$ 2.87M
$ 2.87 million
+4.76%
52 Rupiah Token IDRT $ 0.0000476
$ 2.14M
$ 2.14 million
-16.12%
53 Vai VAI $ 0.811
$ 2.07M
$ 2.07 million
-2.17%
54 Reflexer Ungovernance Token FLX $ 1.83
$ 1.51M
$ 1.51 million
-3.79%
55 Dopple DOP $ 0.0192
$ 1.23M
$ 1.23 million
+5.26%
56 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.69%
57 XAUT0 XAUT $ 4,678.50
$ 863.03T
$ 863.03 trillion
-0.04%
58 Maya Preferred MPRD $ 164,339.21
$ 32.87T
$ 32.87 trillion
+0.89%
59 USDCX USDCX $ 1.00
$ 202.45B
$ 202.45 billion
+0.01%
60 Tedra USD 2.0 USD.T $ 1.00
$ 100.00B
$ 100.00 billion
+199,900.00%
61 ZEDXION USDZ $ 0.998
$ 86.82B
$ 86.82 billion
-0.00%
62 Blynex USD USDB $ 0.814
$ 81.17B
$ 81.17 billion
-1.95%
63 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
64 Hyper USD USDHL $ 0.997
$ 8.86B
$ 8.86 billion
-0.30%
65 Savings USDS SUSDS $ 3.42
$ 6.53B
$ 6.53 billion
+2.22%
66 Royal Euro REUR $ 1.17
$ 5.85B
$ 5.85 billion
-0.22%
67 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.02%
68 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
-0.00%
69 USAD USAD $ 0.962
$ 1.01B
$ 1.01 billion
-2.63%
70 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
--%
71 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.05%
72 DXBDT DXBDT $ 1.000
$ 999.89M
$ 999.89 million
-0.00%
73 USDai USDAI $ 1.000
$ 516.25M
$ 516.25 million
+0.02%
74 Frax USD FRXUSD $ 3.12
$ 330.47M
$ 330.47 million
-0.85%
75 GUSD GUSD $ 0.999
$ 319.82M
$ 319.82 million
+0.10%
76 Staked USDai SUSDAI $ 1.08
$ 254.42M
$ 254.42 million
+0.03%
77 DOLA DOLA $ 3.08
$ 201.33M
$ 201.33 million
-0.98%
78 Strata Senior USDe srUSDe $ 1.02
$ 147.09M
$ 147.09 million
+0.46%
79 Sonic USD SCUSD $ 3.13
$ 133.34M
$ 133.34 million
-0.92%
80 MNEE USD Stablecoin MNEE $ 1.00
$ 101.84M
$ 101.84 million
+0.04%
81 Electronic USD eUSD $ 3.12
$ 90.46M
$ 90.46 million
-1.75%
82 NXUSD NXUSD $ 1.00
$ 71.92M
$ 71.92 million
+0.82%
83 EUR CoinVertible EURCV $ 1.17
$ 56.35M
$ 56.35 million
-0.40%
84 OSL Group’s U.S. dollar USDGO $ 1.000
$ 50.00M
$ 50.00 million
-0.01%
85 XT Stablecoin XTUSD $ 1.00
$ 32.80M
$ 32.80 million
-0.01%
86 Precious Metals USD pmUSD $ 2.76
$ 26.41M
$ 26.41 million
+0.08%
87 Silver Token XAGX $ 87.12
$ 21.78M
$ 21.78 million
+2.49%
88 JPY Coin JPYC $ 0.00768
$ 18.05M
$ 18.05 million
+1.24%
89 JPYC JPYC $ 0.00728
$ 17.93M
$ 17.93 million
-5.40%
90 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.02%
91 Hylo USD HYUSD $ 1.000
$ 14.56M
$ 14.56 million
+0.08%
92 eSui Dollar suiUSDe $ 1.00
$ 13.90M
$ 13.90 million
-0.24%
93 Mai Stablecoin (BASE) MAI $ 0.999
$ 12.89M
$ 12.89 million
+0.26%
94 USDM USDM $ 1.00
$ 12.08M
$ 12.08 million
-0.08%
95 MAI MIMATIC $ 0.985
$ 11.98M
$ 11.98 million
-0.09%
96 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.01%
97 USDA USDA $ 0.995
$ 10.11M
$ 10.11 million
+0.07%
98 FUSD FUSD $ 0.999
$ 9.59M
$ 9.59 million
-0.11%
99 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
100 USDz USDZ $ 0.983
$ 7.62M
$ 7.62 million
+0.09%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
USD Base Coin USDBC $ 1.00
$ 7.09M
$ 7.09 million
+0.89%
World Liberty Financial USD USD1 $ 1.00
$ 4.39B
$ 4.39 billion
+0.71%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.09M
$ 5.09 million
+0.17%
Quantoz USDQ USDQ $ 1.000
$ 6.01M
$ 6.01 million
+0.15%
Dai DAI $ 1.000
$ 5.14B
$ 5.14 billion
+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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