Stablecoins

271 coins #11 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 StablR Euro EURR $ 0.871
$ 9.78M
$ 9.78 million
+0.27%
52 BiLira TRYB $ 0.0213
$ 3.60M
$ 3.60 million
+0.46%
53 Vai VAI $ 0.999
$ 2.55M
$ 2.55 million
-0.05%
54 Rupiah Token IDRT $ 0.0000550
$ 2.47M
$ 2.47 million
+295.11%
55 Euro Tether EURT $ 0.0558
$ 2.23M
$ 2.23 million
-21.65%
56 Dopple DOP $ 0.0211
$ 1.36M
$ 1.36 million
+1.27%
57 Level USD LVLUSD $ 1.000
$ 973,991
$ 973,991
+0.79%
58 XAUT0 XAUT $ 4,514.30
$ 832.74T
$ 832.74 trillion
+0.45%
59 Maya Preferred MPRD $ 159,349.62
$ 31.87T
$ 31.87 trillion
-3.72%
60 USDCX USDCX $ 1.00
$ 202.55B
$ 202.55 billion
-0.02%
61 Blynex USD USDB $ 0.999
$ 99.92B
$ 99.92 billion
-0.08%
62 ZEDXION USDZ $ 0.998
$ 86.78B
$ 86.78 billion
-0.04%
63 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
64 Savings USDS SUSDS $ 2.98
$ 7.21B
$ 7.21 billion
-0.03%
65 Royal Euro REUR $ 1.17
$ 5.83B
$ 5.83 billion
+0.04%
66 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.00%
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 $ 0.964
$ 1.09B
$ 1.09 billion
+2.66%
70 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
71 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.00%
72 GUSD GUSD $ 1.000
$ 319.84M
$ 319.84 million
+0.07%
73 Frax USD FRXUSD $ 2.72
$ 288.25M
$ 288.25 million
+0.99%
74 Staked USDai SUSDAI $ 1.09
$ 255.00M
$ 255.00 million
+0.01%
75 infiniFi USD iUSD $ 0.999
$ 182.63M
$ 182.63 million
+0.01%
76 DOLA DOLA $ 2.69
$ 168.40M
$ 168.40 million
-0.35%
77 Strata Senior USDe srUSDe $ 1.03
$ 147.40M
$ 147.40 million
+0.51%
78 Sonic USD SCUSD $ 2.73
$ 116.06M
$ 116.06 million
+1.26%
79 Electronic USD eUSD $ 2.73
$ 79.09M
$ 79.09 million
+0.48%
80 NXUSD NXUSD $ 0.991
$ 71.18M
$ 71.18 million
-0.37%
81 Tether Fund USD.F $ 0.000589
$ 58.92M
$ 58.92 million
-52.73%
82 EUR CoinVertible EURCV $ 1.17
$ 56.12M
$ 56.12 million
+0.03%
83 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.05M
$ 50.05 million
-0.01%
84 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
-0.02%
85 Precious Metals USD pmUSD $ 2.26
$ 21.66M
$ 21.66 million
+0.16%
86 Silver Token XAGX $ 75.31
$ 18.83M
$ 18.83 million
-0.12%
87 JPYC JPYC $ 0.00718
$ 17.68M
$ 17.68 million
+6.65%
88 JPY Coin JPYC $ 0.00720
$ 16.91M
$ 16.91 million
-1.12%
89 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.01%
90 Hylo USD HYUSD $ 1.000
$ 14.91M
$ 14.91 million
-0.01%
91 eSui Dollar suiUSDe $ 1.00
$ 13.90M
$ 13.90 million
+1.25%
92 USDM USDM $ 0.991
$ 11.93M
$ 11.93 million
-1.51%
93 MAI MIMATIC $ 0.974
$ 11.85M
$ 11.85 million
-0.23%
94 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.00%
95 USDA USDA $ 0.998
$ 10.13M
$ 10.13 million
-0.73%
96 FUSD FUSD $ 1.00
$ 9.92M
$ 9.92 million
+0.24%
97 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
98 USDz USDZ $ 0.979
$ 7.59M
$ 7.59 million
+7.55%
99 Schuman EURØP EUROP $ 1.17
$ 6.88M
$ 6.88 million
+0.24%
100 GYEN GYEN $ 0.00632
$ 6.09M
$ 6.09 million
+0.00%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00658
$ 36.71M
$ 36.71 million
+9.68%
Resolv RESOLV $ 0.0217
$ 8.64M
$ 8.64 million
+2.21%
World Liberty Financial USD USD1 $ 1.00
$ 4.57B
$ 4.57 billion
+0.44%
PAX Gold PAXG $ 4,528.28
$ 2.12B
$ 2.12 billion
+0.36%
Legacy Frax Dollar FRAX $ 0.995
$ 274.33M
$ 274.33 million
+0.18%
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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