Stablecoins

294 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 Origin Dollar OUSD $ 2.64
$ 19.61M
$ 19.61 million
-2.93%
52 Celo Dollar CUSD $ 1.02
$ 14.03M
$ 14.03 million
+2.77%
53 Decentralized Social DESO $ 1.58
$ 14.00M
$ 14.00 million
-20.96%
54 StablR Euro EURR $ 0.624
$ 10.70M
$ 10.70 million
-3.29%
55 StablR USD USDR $ 0.317
$ 6.76M
$ 6.76 million
+478.19%
56 BiLira TRYB $ 0.0216
$ 4.43M
$ 4.43 million
+0.05%
57 Fei Protocol FEI $ 0.976
$ 3.49M
$ 3.49 million
-2.37%
58 Rupiah Token IDRT $ 0.0000558
$ 2.51M
$ 2.51 million
+0.76%
59 Vai VAI $ 0.989
$ 2.36M
$ 2.36 million
-0.96%
60 Reservoir DAM $ 0.00373
$ 1.50M
$ 1.50 million
-3.99%
61 Dopple DOP $ 0.0191
$ 1.23M
$ 1.23 million
+0.46%
62 XAUT0 XAUT $ 4,024.00
$ 742.30T
$ 742.30 trillion
+0.37%
63 Maya Preferred MPRD $ 385,532.52
$ 77.11T
$ 77.11 trillion
-0.43%
64 USDCX USDCX $ 1.00
$ 202.55B
$ 202.55 billion
-0.03%
65 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
+0.03%
66 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
67 Savings USDS SUSDS $ 1.11
$ 2.43B
$ 2.43 billion
+1.23%
68 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.04%
69 RUBX RUBx $ 0.0129
$ 1.29B
$ 1.29 billion
-0.75%
70 USAD USAD $ 0.993
$ 1.20B
$ 1.20 billion
+0.20%
71 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.00%
72 USX USX $ 1.00
$ 505.61M
$ 505.61 million
-0.00%
73 GUSD GUSD $ 1.000
$ 319.96M
$ 319.96 million
-0.13%
74 Frax USD FRXUSD $ 2.77
$ 293.69M
$ 293.69 million
+2.04%
75 Noble Dollar USDN $ 0.990
$ 113.80M
$ 113.80 million
-0.30%
76 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.78M
$ 82.78 million
-0.03%
77 NXUSD NXUSD $ 1.01
$ 72.23M
$ 72.23 million
+1.07%
78 Electronic USD eUSD $ 1.92
$ 55.53M
$ 55.53 million
-5.78%
79 EUR CoinVertible EURCV $ 1.14
$ 55.06M
$ 55.06 million
+0.40%
80 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.03M
$ 50.03 million
-0.03%
81 Jupiter USD JupUSD $ 1.00
$ 43.57M
$ 43.57 million
-0.03%
82 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
+0.00%
83 DOLA DOLA $ 1.000
$ 42.19M
$ 42.19 million
+0.31%
84 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
-0.03%
85 JPYC JPYC $ 0.00766
$ 18.86M
$ 18.86 million
+2.91%
86 JPY Coin JPYC $ 0.00767
$ 18.03M
$ 18.03 million
-1.27%
87 Precious Metals USD pmUSD $ 1.88
$ 18.00M
$ 18.00 million
-1.65%
88 MetaMask USD MUSD $ 0.997
$ 17.09M
$ 17.09 million
-0.25%
89 USD Universal USDU $ 1.000
$ 15.55M
$ 15.55 million
-0.02%
90 Silver Token XAGX $ 58.47
$ 14.62M
$ 14.62 million
+1.12%
91 eSui Dollar suiUSDe $ 1.01
$ 13.58M
$ 13.58 million
-0.55%
92 Web 3 Dollar USD3 $ 1.09
$ 12.44M
$ 12.44 million
-74.36%
93 USDM USDM $ 1.01
$ 12.12M
$ 12.12 million
-0.94%
94 MAI MIMATIC $ 0.998
$ 11.96M
$ 11.96 million
-0.05%
95 Hylo USD HYUSD $ 1.00
$ 10.87M
$ 10.87 million
-0.15%
96 USDA USDA $ 0.995
$ 10.11M
$ 10.11 million
-1.41%
97 USDz USDZ $ 0.978
$ 7.58M
$ 7.58 million
-0.08%
98 Mento Euro CEUR $ 1.13
$ 6.89M
$ 6.89 million
+0.02%
99 Schuman EURØP EUROP $ 1.14
$ 6.74M
$ 6.74 million
+0.55%
100 GYEN GYEN $ 0.00616
$ 5.93M
$ 5.93 million
-0.04%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00552
$ 30.77M
$ 30.77 million
+1.94%
Curve.Fi USD Stablecoin CRVUSD $ 1.00
$ 206.24M
$ 206.24 million
+0.45%
EURITE EURI $ 1.14
$ 37.69M
$ 37.69 million
+0.44%
EURC EURC $ 1.14
$ 425.02M
$ 425.02 million
+0.41%
PAX Gold PAXG $ 4,029.81
$ 1.81B
$ 1.81 billion
+0.28%
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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