Stablecoins

288 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 Live Price Market cap 24h

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

51 Decentralized Social DESO $ 1.99
$ 17.71M
$ 17.71 million
+7.32%
52 Celo Dollar CUSD $ 1.00
$ 14.14M
$ 14.14 million
-0.06%
53 StablR USD USDR $ 0.486
$ 10.37M
$ 10.37 million
+41.11%
54 StablR Euro EURR $ 0.580
$ 9.94M
$ 9.94 million
-0.26%
55 Fei Protocol FEI $ 0.931
$ 3.32M
$ 3.32 million
+2.35%
56 Rupiah Token IDRT $ 0.0000563
$ 2.53M
$ 2.53 million
+2.63%
57 Vai VAI $ 0.999
$ 2.39M
$ 2.39 million
+0.11%
58 Reservoir DAM $ 0.00354
$ 1.42M
$ 1.42 million
-29.42%
59 Dopple DOP $ 0.0189
$ 1.22M
$ 1.22 million
-0.99%
60 deUSD DEUSD $ 0.000197
$ 24,266
$ 24,266
-89.80%
61 XAUT0 XAUT $ 4,048.00
$ 746.72T
$ 746.72 trillion
-1.08%
62 Maya Preferred MPRD $ 237,106.61
$ 47.42T
$ 47.42 trillion
+19.12%
63 USDCX USDCX $ 1.00
$ 202.45B
$ 202.45 billion
+0.00%
64 ZEDXION USDZ $ 0.997
$ 86.76B
$ 86.76 billion
-0.09%
65 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.01%
66 Lydia USAD $ 0.994
$ 3.38B
$ 3.38 billion
+0.04%
67 Savings USDS SUSDS $ 1.10
$ 2.91B
$ 2.91 billion
-46.09%
68 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.03%
69 RUBX RUBx $ 0.0130
$ 1.30B
$ 1.30 billion
-0.01%
70 USAD USAD $ 1.000
$ 1.21B
$ 1.21 billion
+0.81%
71 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.02%
72 USX USX $ 1.00
$ 505.64M
$ 505.64 million
+0.00%
73 Frax USD FRXUSD $ 3.66
$ 387.38M
$ 387.38 million
-0.05%
74 GUSD GUSD $ 1.000
$ 319.97M
$ 319.97 million
-0.21%
75 Noble Dollar USDN $ 0.987
$ 113.41M
$ 113.41 million
-0.32%
76 EUUS EUUS $ 0.0199
$ 99.49M
$ 99.49 million
-21.97%
77 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.77M
$ 82.77 million
-0.10%
78 NXUSD NXUSD $ 1.00
$ 72.07M
$ 72.07 million
+1.47%
79 Electronic USD eUSD $ 2.35
$ 68.02M
$ 68.02 million
-11.88%
80 EUR CoinVertible EURCV $ 1.14
$ 54.86M
$ 54.86 million
-0.20%
81 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
+0.01%
82 Jupiter USD JupUSD $ 1.00
$ 43.59M
$ 43.59 million
+0.00%
83 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
-0.00%
84 DOLA DOLA $ 0.997
$ 42.06M
$ 42.06 million
-48.85%
85 Strata Senior USDe srUSDe $ 1.02
$ 39.37M
$ 39.37 million
-0.04%
86 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
-0.01%
87 Precious Metals USD pmUSD $ 2.49
$ 23.86M
$ 23.86 million
-0.03%
88 JPYC JPYC $ 0.00756
$ 18.61M
$ 18.61 million
-0.83%
89 AllUnity EUR EURAU $ 1.14
$ 18.36M
$ 18.36 million
-0.39%
90 JPY Coin JPYC $ 0.00778
$ 18.28M
$ 18.28 million
+4.84%
91 MetaMask USD MUSD $ 1.000
$ 17.14M
$ 17.14 million
-0.00%
92 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.02%
93 Silver Token XAGX $ 58.11
$ 14.53M
$ 14.53 million
-2.87%
94 eSui Dollar suiUSDe $ 0.991
$ 13.35M
$ 13.35 million
-1.73%
95 Mai Stablecoin (BASE) MAI $ 0.994
$ 12.83M
$ 12.83 million
-0.28%
96 USDM USDM $ 1.00
$ 12.07M
$ 12.07 million
-0.94%
97 MAI MIMATIC $ 0.997
$ 11.96M
$ 11.96 million
+0.15%
98 oneBTC ONEBTC $ 0.995
$ 11.22M
$ 11.22 million
-0.53%
99 Hylo USD HYUSD $ 1.00
$ 10.88M
$ 10.88 million
-0.01%
100 USDA USDA $ 1.01
$ 10.23M
$ 10.23 million
+1.19%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.52B
$ 9.52 billion
+3.08%
Quantoz EURQ EURQ $ 1.13
$ 5.26M
$ 5.26 million
+0.29%
Gho Token GHO $ 0.999
$ 598.38M
$ 598.38 million
+0.10%
Worldwide USD WUSD $ 0.995
$ 10.49M
$ 10.49 million
+0.10%
Agora AUSD $ 0.996
$ 170.49M
$ 170.49 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.

Useful / Related Links