Stablecoins

314 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 Live Price Market cap 24h

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

51 Resupply USD reUSD $ 0.990
$ 33.85M
$ 33.85 million
-0.18%
52 BOLD Stablecoin BOLD $ 1.00
$ 30.21M
$ 30.21 million
-0.01%
53 Liquity USD LUSD $ 1.00
$ 28.09M
$ 28.09 million
-0.11%
54 Bucket Protocol BUCK Stablecoin BUCK $ 0.999
$ 25.94M
$ 25.94 million
-0.00%
55 sUSD Synthetix SUSD $ 0.501
$ 24.73M
$ 24.73 million
+0.00%
56 agEUR AGEUR $ 1.15
$ 24.17M
$ 24.17 million
-0.02%
57 Savings crvUSD SCRVUSD $ 1.11
$ 17.61M
$ 17.61 million
+0.01%
58 OpenEden Compounding OpenDollar CUSDO $ 1.06
$ 15.46M
$ 15.46 million
-0.02%
59 Celo Dollar CUSD $ 0.997
$ 13.91M
$ 13.91 million
+0.33%
60 Decentralized Social DESO $ 1.33
$ 11.83M
$ 11.83 million
+0.38%
61 StablR Euro EURR $ 0.580
$ 9.94M
$ 9.94 million
-0.01%
62 StablR USD USDR $ 0.417
$ 8.91M
$ 8.91 million
-14.00%
63 Origin Dollar OUSD $ 1.00
$ 5.81M
$ 5.81 million
+0.06%
64 Ampleforth AMPL $ 1.27
$ 3.98M
$ 3.98 million
+0.65%
65 Fei Protocol FEI $ 1.00
$ 3.60M
$ 3.60 million
+10.20%
66 Bitshares BTS $ 0.00109
$ 3.28M
$ 3.28 million
-2.12%
67 Single Collateral Dai SAI $ 1.00
$ 2.66M
$ 2.66 million
+0.01%
68 Vai VAI $ 0.999
$ 1.79M
$ 1.79 million
+∞%
69 Reservoir DAM $ 0.00334
$ 1.37M
$ 1.37 million
-5.77%
70 USDK USDK $ 1.00
$ 490,758
$ 490,758
+1.12%
71 Tether CNH CNHT $ 0.0101
$ 252,500
$ 252,500
+0.00%
72 Basis Cash BAC $ 0.00214
$ 116,682
$ 116,682
+0.09%
73 Empty Set Dollar ESD $ 0.000272
$ 32,102
$ 32,102
+2.66%
74 ZUSD ZUSD $ 0.991
$ 16,499
$ 16,499
+14.56%
75 XAUT0 XAUT $ 4,322.00
$ 797.27T
$ 797.27 trillion
+1.86%
76 Maya Preferred MPRD $ 643,259.11
$ 128.65T
$ 128.65 trillion
+223.26%
77 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
-0.01%
78 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.00%
79 AllUnity EUR EURAU $ 3,024.70
$ 48.79B
$ 48.79 billion
+0.61%
80 Mai Stablecoin (BASE) MAI $ 2,608.43
$ 33.67B
$ 33.67 billion
+0.34%
81 Tether USD Bridged Wormhole USDTR $ 0.997
$ 26.93B
$ 26.93 billion
+0.00%
82 Savings USDS SUSDS $ 1.10
$ 3.86B
$ 3.86 billion
-0.17%
83 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.00%
84 USAD USAD $ 1.05
$ 1.26B
$ 1.26 billion
+3.61%
85 Trivest USDI USDI $ 0.999
$ 998.87M
$ 998.87 million
+0.01%
86 USX USX $ 1.000
$ 516.90M
$ 516.90 million
+0.00%
87 Neutrino Index XTN $ 2.84
$ 147.57M
$ 147.57 million
-8.43%
88 Noble Dollar USDN $ 0.991
$ 113.89M
$ 113.89 million
+0.51%
89 Frax USD FRXUSD $ 1.01
$ 101.39M
$ 101.39 million
+1.64%
90 NXUSD NXUSD $ 0.994
$ 71.39M
$ 71.39 million
-0.06%
91 Jupiter USD JupUSD $ 0.997
$ 52.71M
$ 52.71 million
+0.56%
92 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.02M
$ 50.02 million
-0.05%
93 DOLA DOLA $ 0.999
$ 46.66M
$ 46.66 million
+0.43%
94 Sonic USD SCUSD $ 1.00
$ 42.57M
$ 42.57 million
+0.03%
95 SPUSD SPUSD $ 0.997
$ 24.84M
$ 24.84 million
-0.33%
96 Electronic USD eUSD $ 1.00
$ 22.72M
$ 22.72 million
-0.05%
97 JPY Coin JPYC $ 0.00734
$ 17.24M
$ 17.24 million
-5.27%
98 Silver Token XAGX $ 63.53
$ 15.88M
$ 15.88 million
+2.47%
99 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
+0.03%
100 eSui Dollar suiUSDe $ 1.00
$ 13.46M
$ 13.46 million
-0.18%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.28B
$ 9.28 billion
+3.04%
PAX Gold PAXG $ 4,337.65
$ 1.89B
$ 1.89 billion
+2.18%
Ethena Staked USDe sUSDe $ 1.25
$ 3.88B
$ 3.88 billion
+0.38%
TerraClassicUSD USTC $ 0.00500
$ 27.93M
$ 27.93 million
+0.34%
Curve.Fi USD Stablecoin CRVUSD $ 0.991
$ 211.52M
$ 211.52 million
+0.34%
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.

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