Stablecoins

298 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 Liquity USD LUSD $ 1.02
$ 28.39M
$ 28.39 million
+2.22%
52 Bucket Protocol BUCK Stablecoin BUCK $ 0.998
$ 25.91M
$ 25.91 million
-0.05%
53 Decentralized Social DESO $ 1.58
$ 14.06M
$ 14.06 million
-1.00%
54 Celo Dollar CUSD $ 0.998
$ 13.76M
$ 13.76 million
+2.18%
55 StablR Euro EURR $ 0.646
$ 11.08M
$ 11.08 million
+0.00%
56 Origin Dollar OUSD $ 0.999
$ 7.44M
$ 7.44 million
-63.14%
57 StablR USD USDR $ 0.314
$ 6.71M
$ 6.71 million
+11.73%
58 Ampleforth AMPL $ 1.26
$ 3.87M
$ 3.87 million
-5.58%
59 Fei Protocol FEI $ 0.989
$ 3.54M
$ 3.54 million
-1.04%
60 Rupiah Token IDRT $ 0.0000560
$ 2.51M
$ 2.51 million
-0.86%
61 Vai VAI $ 0.998
$ 2.38M
$ 2.38 million
-0.03%
62 Reservoir DAM $ 0.00425
$ 1.71M
$ 1.71 million
+6.38%
63 Dopple DOP $ 0.0191
$ 1.23M
$ 1.23 million
-0.68%
64 Level USD LVLUSD $ 1.000
$ 505,550
$ 505,550
-0.00%
65 Basis Cash BAC $ 0.00271
$ 148,172
$ 148,172
-0.34%
66 Empty Set Dollar ESD $ 0.000266
$ 31,411
$ 31,411
+2.23%
67 XAUT0 XAUT $ 4,003.10
$ 738.44T
$ 738.44 trillion
-0.42%
68 USDCX USDCX $ 1.00
$ 202.55B
$ 202.55 billion
+0.02%
69 ZEDXION USDZ $ 0.998
$ 86.80B
$ 86.80 billion
+0.08%
70 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
71 Savings USDS SUSDS $ 1.07
$ 2.31B
$ 2.31 billion
-3.23%
72 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
73 RUBX RUBx $ 0.0128
$ 1.28B
$ 1.28 billion
+1.44%
74 USAD USAD $ 1.01
$ 1.22B
$ 1.22 billion
+1.71%
75 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.01%
76 USX USX $ 1.00
$ 505.65M
$ 505.65 million
+0.01%
77 GUSD GUSD $ 0.999
$ 319.85M
$ 319.85 million
-0.03%
78 Noble Dollar USDN $ 0.994
$ 114.26M
$ 114.26 million
+0.78%
79 Frax USD FRXUSD $ 0.991
$ 104.99M
$ 104.99 million
-63.59%
80 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.82M
$ 82.82 million
+0.04%
81 NXUSD NXUSD $ 0.992
$ 71.25M
$ 71.25 million
-1.53%
82 EUR CoinVertible EURCV $ 1.14
$ 55.10M
$ 55.10 million
-0.11%
83 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
+0.00%
84 EUUS EUUS $ 0.00900
$ 45.00M
$ 45.00 million
-54.77%
85 Jupiter USD JupUSD $ 1.00
$ 43.58M
$ 43.58 million
-0.00%
86 Sonic USD SCUSD $ 0.999
$ 42.52M
$ 42.52 million
-0.06%
87 DOLA DOLA $ 0.994
$ 41.97M
$ 41.97 million
-0.16%
88 Electronic USD eUSD $ 1.34
$ 39.12M
$ 39.12 million
-15.76%
89 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
+0.00%
90 JPYC JPYC $ 0.00767
$ 18.89M
$ 18.89 million
+0.52%
91 JPY Coin JPYC $ 0.00755
$ 17.74M
$ 17.74 million
-3.33%
92 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.00%
93 Overnight DAI+ DAI+ $ 0.951
$ 14.65M
$ 14.65 million
-1.21%
94 Silver Token XAGX $ 55.79
$ 13.95M
$ 13.95 million
-2.12%
95 eSui Dollar suiUSDe $ 0.981
$ 13.21M
$ 13.21 million
-1.83%
96 Mai Stablecoin (BASE) MAI $ 0.997
$ 12.88M
$ 12.88 million
+0.22%
97 USDM USDM $ 1.01
$ 12.11M
$ 12.11 million
+1.23%
98 MAI MIMATIC $ 0.996
$ 11.94M
$ 11.94 million
-0.06%
99 oneBTC ONEBTC $ 0.994
$ 11.21M
$ 11.21 million
-1.01%
100 Hylo USD HYUSD $ 1.00
$ 10.89M
$ 10.89 million
+0.03%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Resolv RESOLV $ 0.0219
$ 9.38M
$ 9.38 million
+8.78%
Binance USD BUSD $ 1.00
$ 38.97M
$ 38.97 million
+8.53%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.37B
$ 9.37 billion
+3.26%
Falcon USD USDF $ 0.996
$ 1.26B
$ 1.26 billion
+0.25%
Gho Token GHO $ 0.999
$ 598.50M
$ 598.50 million
+0.11%
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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