Stablecoins

274 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 Origin Dollar OUSD $ 2.75
$ 16.21M
$ 16.21 million
+0.79%
52 BiLira TRYB $ 0.0217
$ 3.68M
$ 3.68 million
-0.59%
53 Fei Protocol FEI $ 1.01
$ 3.44M
$ 3.44 million
+0.80%
54 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
-0.22%
55 Euro Tether EURT $ 0.0416
$ 1.66M
$ 1.66 million
-8.21%
56 Dopple DOP $ 0.0205
$ 1.32M
$ 1.32 million
-0.21%
57 XAUT0 XAUT $ 4,447.60
$ 820.44T
$ 820.44 trillion
+0.09%
58 Maya Preferred MPRD $ 148,462.76
$ 29.69T
$ 29.69 trillion
-0.12%
59 USDCX USDCX $ 1.00
$ 202.51B
$ 202.51 billion
-0.05%
60 Blynex USD USDB $ 1.00
$ 100.03B
$ 100.03 billion
-0.09%
61 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
+419.23%
62 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
63 Savings USDS SUSDS $ 3.01
$ 7.35B
$ 7.35 billion
+0.47%
64 Royal Euro REUR $ 1.16
$ 5.80B
$ 5.80 billion
-0.20%
65 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.00%
66 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
+0.00%
67 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.01%
68 USAD USAD $ 0.998
$ 1.13B
$ 1.13 billion
+6.28%
69 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
70 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
-0.02%
71 GUSD GUSD $ 0.997
$ 319.19M
$ 319.19 million
-0.21%
72 Frax USD FRXUSD $ 2.75
$ 291.60M
$ 291.60 million
-0.85%
73 Staked USDai SUSDAI $ 1.09
$ 255.21M
$ 255.21 million
+0.05%
74 DOLA DOLA $ 2.74
$ 171.10M
$ 171.10 million
+0.06%
75 Sonic USD SCUSD $ 2.74
$ 116.65M
$ 116.65 million
+0.97%
76 ID DIGITAL RUPIAH IDDR $ 0.0000619
$ 84.38M
$ 84.38 million
-35.28%
77 Electronic USD eUSD $ 2.76
$ 79.93M
$ 79.93 million
-0.05%
78 NXUSD NXUSD $ 1.01
$ 72.46M
$ 72.46 million
-0.09%
79 EUR CoinVertible EURCV $ 1.16
$ 55.88M
$ 55.88 million
-0.21%
80 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
-0.03%
81 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
+0.03%
82 Precious Metals USD pmUSD $ 2.19
$ 20.99M
$ 20.99 million
+2.84%
83 Silver Token XAGX $ 73.70
$ 18.42M
$ 18.42 million
-1.62%
84 JPYC JPYC $ 0.00708
$ 17.44M
$ 17.44 million
-0.92%
85 JPY Coin JPYC $ 0.00707
$ 16.61M
$ 16.61 million
-2.19%
86 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
+0.02%
87 Hylo USD HYUSD $ 1.00
$ 14.97M
$ 14.97 million
+0.06%
88 eSui Dollar suiUSDe $ 1.03
$ 14.29M
$ 14.29 million
+2.32%
89 Mai Stablecoin (BASE) MAI $ 0.998
$ 12.88M
$ 12.88 million
+0.33%
90 USDM USDM $ 1.00
$ 12.07M
$ 12.07 million
+0.10%
91 MAI MIMATIC $ 0.976
$ 11.87M
$ 11.87 million
+0.43%
92 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.00%
93 oneBTC ONEBTC $ 1.00
$ 11.33M
$ 11.33 million
+1.62%
94 Tether Fund USD.F $ 0.000112
$ 11.18M
$ 11.18 million
-89.31%
95 USDA USDA $ 1.01
$ 10.22M
$ 10.22 million
-0.14%
96 FUSD FUSD $ 0.999
$ 9.89M
$ 9.89 million
+0.09%
97 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%
98 USDz USDZ $ 0.974
$ 7.55M
$ 7.55 million
-0.01%
99 Mento Euro CEUR $ 1.16
$ 7.04M
$ 7.04 million
+0.00%
100 Schuman EURØP EUROP $ 1.16
$ 6.85M
$ 6.85 million
+0.03%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
World Liberty Financial USD USD1 $ 1.00
$ 4.56B
$ 4.56 billion
+0.53%
Legacy Frax Dollar FRAX $ 0.998
$ 275.38M
$ 275.38 million
+0.40%
TrueUSD TUSD $ 1.00
$ 495.35M
$ 495.35 million
+0.23%
USDS USDS $ 1.00
$ 10.97B
$ 10.97 billion
+0.12%
PAX Gold PAXG $ 4,472.70
$ 2.06B
$ 2.06 billion
+0.11%
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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