Stablecoins

312 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 sUSD Synthetix SUSD $ 0.582
$ 28.69M
$ 28.69 million
+0.00%
52 Bucket Protocol BUCK Stablecoin BUCK $ 0.999
$ 25.95M
$ 25.95 million
+0.06%
53 agEUR AGEUR $ 1.15
$ 24.06M
$ 24.06 million
-0.53%
54 Savings crvUSD SCRVUSD $ 1.12
$ 19.19M
$ 19.19 million
+0.52%
55 Bitshares BTS $ 0.00476
$ 14.27M
$ 14.27 million
+346.39%
56 Celo Dollar CUSD $ 0.990
$ 13.60M
$ 13.60 million
-1.12%
57 StablR USD USDR $ 0.520
$ 11.09M
$ 11.09 million
+162.68%
58 Decentralized Social DESO $ 1.24
$ 11.01M
$ 11.01 million
+0.41%
59 Origin Dollar OUSD $ 1.01
$ 6.16M
$ 6.16 million
+0.67%
60 Worldwide USD WUSD $ 0.997
$ 5.60M
$ 5.60 million
+0.00%
61 StablR Euro EURR $ 0.300
$ 5.14M
$ 5.14 million
-55.67%
62 Ampleforth AMPL $ 1.23
$ 3.86M
$ 3.86 million
-2.74%
63 Fei Protocol FEI $ 0.911
$ 3.28M
$ 3.28 million
-8.84%
64 Single Collateral Dai SAI $ 1.00
$ 2.66M
$ 2.66 million
-0.03%
65 Rupiah Token IDRT $ 0.0000570
$ 2.56M
$ 2.56 million
-0.16%
66 Vai VAI $ 0.998
$ 1.83M
$ 1.83 million
-0.11%
67 Reservoir DAM $ 0.00387
$ 1.58M
$ 1.58 million
-1.79%
68 Tether CNH CNHT $ 0.0101
$ 252,500
$ 252,500
+0.00%
69 Basis Cash BAC $ 0.00214
$ 116,682
$ 116,682
+0.00%
70 Empty Set Dollar ESD $ 0.000260
$ 30,701
$ 30,701
-3.96%
71 XAUT0 XAUT $ 4,035.00
$ 744.33T
$ 744.33 trillion
-1.42%
72 Maya Preferred MPRD $ 247,279.87
$ 49.46T
$ 49.46 trillion
-0.08%
73 ZEDXION USDZ $ 0.997
$ 86.80B
$ 86.80 billion
-0.03%
74 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.00%
75 Savings USDS SUSDS $ 1.12
$ 3.91B
$ 3.91 billion
+0.92%
76 Lydia USAD $ 0.995
$ 3.37B
$ 3.37 billion
+0.01%
77 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.03%
78 USAD USAD $ 0.990
$ 1.19B
$ 1.19 billion
-5.05%
79 USX USX $ 1.000
$ 522.85M
$ 522.85 million
-0.05%
80 GUSD GUSD $ 0.999
$ 319.74M
$ 319.74 million
-0.02%
81 Neutrino Index XTN $ 4.58
$ 238.09M
$ 238.09 million
+6.81%
82 EUR CoinVertible EURCV $ 1.15
$ 118.80M
$ 118.80 million
+0.01%
83 Frax USD FRXUSD $ 1.01
$ 101.38M
$ 101.38 million
+0.52%
84 NXUSD NXUSD $ 0.995
$ 71.46M
$ 71.46 million
-1.33%
85 infiniFi USD iUSD $ 1.000
$ 60.80M
$ 60.80 million
+0.01%
86 Jupiter USD JupUSD $ 1.000
$ 53.12M
$ 53.12 million
-0.02%
87 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.05M
$ 50.05 million
-0.00%
88 DOLA DOLA $ 1.01
$ 46.72M
$ 46.72 million
+1.29%
89 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
-0.28%
90 SPUSD SPUSD $ 1.00
$ 24.05M
$ 24.05 million
-0.04%
91 Electronic USD eUSD $ 1.000
$ 23.35M
$ 23.35 million
+0.09%
92 MetaMask USD MUSD $ 1.10
$ 21.01M
$ 21.01 million
+10.41%
93 AllUnity EUR EURAU $ 1.15
$ 18.60M
$ 18.60 million
+0.00%
94 JPY Coin JPYC $ 0.00761
$ 17.89M
$ 17.89 million
+0.48%
95 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.02%
96 Silver Token XAGX $ 57.61
$ 14.41M
$ 14.41 million
-2.23%
97 eSui Dollar suiUSDe $ 1.00
$ 13.46M
$ 13.46 million
-2.30%
98 Hylo USD HYUSD $ 1.00
$ 13.15M
$ 13.15 million
+0.17%
99 MAI MIMATIC $ 0.994
$ 11.92M
$ 11.92 million
+0.08%
100 USDM USDM $ 0.985
$ 11.85M
$ 11.85 million
-0.54%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Resolv RESOLV $ 0.0159
$ 7.23M
$ 7.23 million
+1.83%
Ethena Staked USDe sUSDe $ 1.26
$ 3.93B
$ 3.93 billion
+1.35%
Liquity USD LUSD $ 1.02
$ 28.00M
$ 28.00 million
+1.11%
USD Base Coin USDBC $ 1.01
$ 5.66M
$ 5.66 million
+0.83%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.23B
$ 9.23 billion
+0.53%
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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