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

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# Coins Live Price Market cap 24h

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

51 USD Base Coin USDBC $ 1.000
$ 7.49M
$ 7.49 million
+0.01%
52 Fei Protocol FEI $ 1.03
$ 3.50M
$ 3.50 million
+2.63%
53 Vai VAI $ 0.999
$ 2.55M
$ 2.55 million
-0.24%
54 Euro Tether EURT $ 0.0419
$ 1.68M
$ 1.68 million
-41.13%
55 Dopple DOP $ 0.0208
$ 1.34M
$ 1.34 million
-0.09%
56 XAUT0 XAUT $ 4,533.80
$ 836.34T
$ 836.34 trillion
+0.99%
57 Maya Preferred MPRD $ 158,561.64
$ 31.71T
$ 31.71 trillion
+0.80%
58 USDCX USDCX $ 1.00
$ 202.61B
$ 202.61 billion
-0.01%
59 Blynex USD USDB $ 0.997
$ 99.73B
$ 99.73 billion
-0.30%
60 ZEDXION USDZ $ 0.998
$ 86.79B
$ 86.79 billion
-0.00%
61 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
62 Tether USD Bridged Wormhole USDTR $ 0.997
$ 26.93B
$ 26.93 billion
-0.09%
63 Savings USDS SUSDS $ 2.98
$ 7.17B
$ 7.17 billion
+0.66%
64 Royal Euro REUR $ 1.17
$ 5.84B
$ 5.84 billion
+0.16%
65 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.01%
66 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
-0.00%
67 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
-0.00%
68 USAD USAD $ 0.937
$ 1.06B
$ 1.06 billion
-0.21%
69 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.04%
70 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
71 GUSD GUSD $ 1.000
$ 319.92M
$ 319.92 million
+0.06%
72 Frax USD FRXUSD $ 2.71
$ 287.35M
$ 287.35 million
-0.07%
73 Staked USDai SUSDAI $ 1.09
$ 254.96M
$ 254.96 million
+0.04%
74 infiniFi USD iUSD $ 0.999
$ 182.63M
$ 182.63 million
+0.01%
75 DOLA DOLA $ 2.70
$ 168.74M
$ 168.74 million
+0.43%
76 Strata Senior USDe srUSDe $ 1.03
$ 147.40M
$ 147.40 million
+0.55%
77 Sonic USD SCUSD $ 2.71
$ 115.44M
$ 115.44 million
-0.22%
78 Electronic USD eUSD $ 2.68
$ 77.80M
$ 77.80 million
-0.83%
79 NXUSD NXUSD $ 0.992
$ 71.21M
$ 71.21 million
-0.75%
80 Tether Fund USD.F $ 0.000683
$ 68.31M
$ 68.31 million
-62.17%
81 EUR CoinVertible EURCV $ 1.17
$ 56.21M
$ 56.21 million
+0.13%
82 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.06M
$ 50.06 million
-0.01%
83 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
-0.02%
84 Precious Metals USD pmUSD $ 2.26
$ 21.64M
$ 21.64 million
-1.12%
85 Silver Token XAGX $ 75.73
$ 18.93M
$ 18.93 million
+0.08%
86 JPYC JPYC $ 0.00657
$ 16.18M
$ 16.18 million
-3.79%
87 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.00%
88 Hylo USD HYUSD $ 1.000
$ 14.91M
$ 14.91 million
-0.05%
89 eSui Dollar suiUSDe $ 1.00
$ 13.89M
$ 13.89 million
+0.12%
90 Mai Stablecoin (BASE) MAI $ 0.995
$ 12.85M
$ 12.85 million
-0.14%
91 USDM USDM $ 0.994
$ 11.96M
$ 11.96 million
-0.66%
92 MAI MIMATIC $ 0.976
$ 11.87M
$ 11.87 million
-57.38%
93 Jupiter USD JupUSD $ 0.984
$ 11.52M
$ 11.52 million
-1.57%
94 USDA USDA $ 0.993
$ 10.09M
$ 10.09 million
-1.19%
95 FUSD FUSD $ 1.00
$ 9.92M
$ 9.92 million
+0.21%
96 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
97 USDz USDZ $ 0.978
$ 7.59M
$ 7.59 million
+7.66%
98 Schuman EURØP EUROP $ 1.17
$ 6.87M
$ 6.87 million
+0.07%
99 GYEN GYEN $ 0.00632
$ 6.09M
$ 6.09 million
-0.00%
100 SPUSD SPUSD $ 1.00
$ 5.87M
$ 5.87 million
-0.02%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00663
$ 37.25M
$ 37.25 million
+9.38%
PAX Gold PAXG $ 4,549.69
$ 2.13B
$ 2.13 billion
+1.25%
Quantoz USDQ USDQ $ 0.999
$ 5.81M
$ 5.81 million
+0.92%
EURITE EURI $ 1.17
$ 48.25M
$ 48.25 million
+0.22%
EURC EURC $ 1.17
$ 430.82M
$ 430.82 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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