Stablecoins

263 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 Price Market cap 24h

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

51 Fei Protocol FEI $ 0.985
$ 3.36M
$ 3.36 million
-1.14%
52 Euro Tether EURT $ 0.0671
$ 2.69M
$ 2.69 million
+2.59%
53 Vai VAI $ 0.888
$ 2.27M
$ 2.27 million
-14.93%
54 Dopple DOP $ 0.0172
$ 1.11M
$ 1.11 million
-17.64%
55 deUSD DEUSD $ 0.000761
$ 93,933
$ 93,933
-52.26%
56 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.56%
57 XAUT0 XAUT $ 4,686.70
$ 864.54T
$ 864.54 trillion
-0.32%
58 Maya Preferred MPRD $ 164,921.04
$ 32.98T
$ 32.98 trillion
+0.60%
59 USDCX USDCX $ 1.00
$ 202.41B
$ 202.41 billion
+0.03%
60 Blynex USD USDB $ 0.889
$ 89.08B
$ 89.08 billion
-14.57%
61 ZEDXION USDZ $ 0.998
$ 86.82B
$ 86.82 billion
+0.01%
62 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
63 Tether USD Bridged Wormhole USDTR $ 0.890
$ 24.03B
$ 24.03 billion
-8.78%
64 Savings USDS SUSDS $ 3.50
$ 9.22B
$ 9.22 billion
-0.17%
65 Hyper USD USDHL $ 0.991
$ 8.81B
$ 8.81 billion
-2.32%
66 Royal Euro REUR $ 1.18
$ 5.88B
$ 5.88 billion
-0.17%
67 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
68 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
-0.00%
69 USAD USAD $ 0.976
$ 1.03B
$ 1.03 billion
-2.11%
70 DXBDT DXBDT $ 1.000
$ 999.87M
$ 999.87 million
-0.01%
71 Royal Dollar RUSD $ 1.000
$ 999.76M
$ 999.76 million
-0.04%
72 USDai USDAI $ 1.000
$ 516.14M
$ 516.14 million
+0.01%
73 Frax USD FRXUSD $ 3.22
$ 340.58M
$ 340.58 million
-0.61%
74 GUSD GUSD $ 0.999
$ 319.66M
$ 319.66 million
-0.01%
75 Staked USDai SUSDAI $ 1.08
$ 254.24M
$ 254.24 million
+0.04%
76 DOLA DOLA $ 3.19
$ 208.55M
$ 208.55 million
-0.08%
77 Strata Senior USDe srUSDe $ 1.02
$ 146.42M
$ 146.42 million
-0.49%
78 Sonic USD SCUSD $ 3.21
$ 136.64M
$ 136.64 million
-0.55%
79 Noble Dollar USDN $ 0.999
$ 114.82M
$ 114.82 million
-0.00%
80 MNEE USD Stablecoin MNEE $ 0.999
$ 101.71M
$ 101.71 million
-0.09%
81 Electronic USD eUSD $ 3.16
$ 91.60M
$ 91.60 million
-1.63%
82 EUR CoinVertible EURCV $ 1.18
$ 56.65M
$ 56.65 million
-0.05%
83 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.01M
$ 50.01 million
-0.01%
84 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
+0.02%
85 Precious Metals USD pmUSD $ 2.86
$ 27.35M
$ 27.35 million
+0.45%
86 Silver Token XAGX $ 79.99
$ 20.00M
$ 20.00 million
-0.31%
87 JPYC JPYC $ 0.00769
$ 18.95M
$ 18.95 million
+3.00%
88 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.01%
89 Hylo USD HYUSD $ 1.00
$ 14.57M
$ 14.57 million
+0.04%
90 eSui Dollar suiUSDe $ 1.00
$ 13.94M
$ 13.94 million
+0.74%
91 Mai Stablecoin (BASE) MAI $ 0.996
$ 12.86M
$ 12.86 million
-0.16%
92 MAI MIMATIC $ 0.986
$ 12.13M
$ 12.13 million
+0.01%
93 USDM USDM $ 1.00
$ 12.06M
$ 12.06 million
-1.44%
94 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.01%
95 USDA USDA $ 0.999
$ 10.14M
$ 10.14 million
-0.37%
96 FUSD FUSD $ 1.00
$ 9.60M
$ 9.60 million
-0.04%
97 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
98 USDz USDZ $ 0.984
$ 7.63M
$ 7.63 million
+0.05%
99 Schuman EURØP EUROP $ 1.18
$ 6.96M
$ 6.96 million
+0.11%
100 Resupply RSUP $ 0.0842
$ 5.85M
$ 5.85 million
+1.79%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
TerraClassicUSD USTC $ 0.00751
$ 41.89M
$ 41.89 million
+1.59%
Legacy Frax Dollar FRAX $ 0.996
$ 275.00M
$ 275.00 million
+0.59%
Gemini dollar GUSD $ 1.00
$ 37.71M
$ 37.71 million
+0.30%
StablR Euro EURR $ 1.16
$ 12.97M
$ 12.97 million
+0.17%
USDD USDD $ 1.000
$ 1.49B
$ 1.49 billion
+0.09%
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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