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 TerraUSD UST $ 0.00502
$ 49.27M
$ 49.27 million
-70.12%
52 Fidelity Digital Dollar FIDD $ 1.00
$ 48.36M
$ 48.36 million
+0.39%
53 USD Base Coin USDBC $ 8.04
$ 46.20M
$ 46.20 million
+189.74%
54 Resupply USD reUSD $ 0.981
$ 36.51M
$ 36.51 million
-2.06%
55 BOLD Stablecoin BOLD $ 1.00
$ 30.23M
$ 30.23 million
+0.00%
56 Liquity USD LUSD $ 1.00
$ 28.10M
$ 28.10 million
+0.16%
57 Bucket Protocol BUCK Stablecoin BUCK $ 0.999
$ 25.94M
$ 25.94 million
-0.02%
58 sUSD Synthetix SUSD $ 0.522
$ 25.72M
$ 25.72 million
+4.01%
59 agEUR AGEUR $ 1.18
$ 24.81M
$ 24.81 million
+2.64%
60 Savings crvUSD SCRVUSD $ 1.10
$ 16.98M
$ 16.98 million
-2.14%
61 OpenEden Compounding OpenDollar CUSDO $ 1.06
$ 15.42M
$ 15.42 million
-0.02%
62 Celo Dollar CUSD $ 0.999
$ 14.02M
$ 14.02 million
+0.16%
63 Decentralized Social DESO $ 1.21
$ 10.79M
$ 10.79 million
-3.19%
64 StablR USD USDR $ 0.485
$ 10.36M
$ 10.36 million
+0.00%
65 StablR Euro EURR $ 0.580
$ 9.94M
$ 9.94 million
+0.00%
66 Origin Dollar OUSD $ 1.000
$ 5.72M
$ 5.72 million
-0.17%
67 Ampleforth AMPL $ 1.19
$ 3.73M
$ 3.73 million
-8.52%
68 Single Collateral Dai SAI $ 1.00
$ 2.66M
$ 2.66 million
+0.04%
69 Vai VAI $ 0.999
$ 1.79M
$ 1.79 million
+0.01%
70 Reservoir DAM $ 0.00308
$ 1.26M
$ 1.26 million
-0.52%
71 Dopple DOP $ 0.0192
$ 1.24M
$ 1.24 million
-1.32%
72 USDK USDK $ 1.01
$ 491,478
$ 491,478
+1.41%
73 Tether CNH CNHT $ 0.0101
$ 252,500
$ 252,500
+0.00%
74 Basis Cash BAC $ 0.00196
$ 106,913
$ 106,913
-6.63%
75 Empty Set Dollar ESD $ 0.000266
$ 31,412
$ 31,412
-4.60%
76 XAUT0 XAUT $ 4,393.90
$ 810.53T
$ 810.53 trillion
+1.80%
77 Maya Preferred MPRD $ 397,543.65
$ 79.51T
$ 79.51 trillion
-0.01%
78 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
+0.00%
79 AllUnity EUR EURAU $ 4,231.33
$ 68.25B
$ 68.25 billion
+20.49%
80 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
81 Mai Stablecoin (BASE) MAI $ 3,660.92
$ 47.26B
$ 47.26 billion
+20.83%
82 Blynex USD USDB $ 0.0861
$ 8.61B
$ 8.61 billion
-0.01%
83 Savings USDS SUSDS $ 1.10
$ 3.86B
$ 3.86 billion
-1.73%
84 Lydia USAD $ 0.995
$ 3.37B
$ 3.37 billion
-1.11%
85 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.01%
86 USAD USAD $ 0.999
$ 1.21B
$ 1.21 billion
-4.47%
87 Trivest USDI USDI $ 0.999
$ 999.05M
$ 999.05 million
+0.03%
88 Neutrino Index XTN $ 3.31
$ 172.11M
$ 172.11 million
+1.17%
89 Noble Dollar USDN $ 0.984
$ 113.11M
$ 113.11 million
-0.73%
90 NXUSD NXUSD $ 0.994
$ 71.39M
$ 71.39 million
+0.19%
91 Jupiter USD JupUSD $ 1.000
$ 52.63M
$ 52.63 million
-0.00%
92 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.05M
$ 50.05 million
+0.04%
93 DOLA DOLA $ 0.993
$ 46.40M
$ 46.40 million
-1.06%
94 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
-0.01%
95 SPUSD SPUSD $ 0.999
$ 27.62M
$ 27.62 million
+0.29%
96 Electronic USD eUSD $ 0.999
$ 23.25M
$ 23.25 million
-0.11%
97 JPYC JPYC $ 0.00758
$ 18.68M
$ 18.68 million
+0.65%
98 JPY Coin JPYC $ 0.00777
$ 18.27M
$ 18.27 million
+3.53%
99 Silver Token XAGX $ 65.83
$ 16.46M
$ 16.46 million
+3.18%
100 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
-0.01%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Bitshares BTS $ 0.00112
$ 3.35M
$ 3.35 million
+4.72%
PAX Gold PAXG $ 4,409.45
$ 1.92B
$ 1.92 billion
+1.93%
Ondo US Dollar Yield USDY $ 1.14
$ 2.15B
$ 2.15 billion
+0.22%
Global Dollar USDG $ 1.00
$ 3.49B
$ 3.49 billion
+0.12%
Falcon USD USDF $ 0.997
$ 1.17B
$ 1.17 billion
+0.07%
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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