Coinranking
Stablecoins
278 coins #11 Page 2| | Coins | | | ||
|---|---|---|---|---|---|
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| The coins below are ranked lower due to missing data. Learn more | |||||
| | 51 |  StablR USD USDR | $ | -65.42%  | |
| | 52 |  Vai VAI | $ | +0.05%  | |
| | 53 |  Rupiah Token IDRT | $ | -0.06%  | |
| | 54 |  Dopple DOP | $ | -0.80%  | |
| | 55 |  AetherUSD USDA | $ | +0.00%  | |
| | 56 |  XAUT0 XAUT | $ | -0.10%  | |
| | 57 |  Maya Preferred MPRD | $ | -4.85%  | |
| | 58 |  USDCX USDCX | $ | -0.04%  | |
| | 59 |  Blynex USD USDB | $ | -0.46%  | |
| | 60 |  ZEDXION USDZ | $ | -0.04%  | |
| | 61 |  JUSD Stable Token JUSD | $ | -0.01%  | |
| | 62 |  Savings USDS SUSDS | $ | +4.64%  | |
| | 63 |  Hyper USD USDHL | $ | +0.39%  | |
| | 64 |  Royal Euro REUR | $ | -0.07%  | |
| | 65 |  Lydia USAD | $ | -0.00%  | |
| | 66 |  Verified Stable Dollar VSD | $ | -0.00%  | |
| | 67 |  BFUSD BFUSD | $ | +0.01%  | |
| | 68 |  USAD USAD | $ | +0.78%  | |
| | 69 |  Trivest USDI USDI | $ | -0.00%  | |
| | 70 |  Royal Dollar RUSD | $ | -0.02%  | |
| | 71 |  Frax USD FRXUSD | $ | +19.17%  | |
| | 72 |  DOLA DOLA | $ | +14.18%  | |
| | 73 |  USX USX | $ | +0.01%  | |
| | 74 |  Sonic USD SCUSD | $ | +19.84%  | |
| | 75 |  GUSD GUSD | $ | +0.05%  | |
| | 76 |  Staked USDai SUSDAI | $ | +0.05%  | |
| | 77 |  Electronic USD eUSD | $ | +16.98%  | |
| | 78 |  infiniFi USD iUSD | $ | +0.01%  | |
| | 79 |  Strata Senior USDe srUSDe | $ | +0.33%  | |
| | 80 |  NXUSD NXUSD | $ | -0.46%  | |
| | 81 |  EUR CoinVertible EURCV | $ | -0.07%  | |
| | 82 |  OSL Group’s U.S. dollar USDGO | $ | +0.00%  | |
| | 83 |  Precious Metals USD pmUSD | $ | +14.88%  | |
| | 84 |  XT Stablecoin XTUSD | $ | -0.04%  | |
| | 85 |  Silver Token XAGX | $ | +0.90%  | |
| | 86 |  JPY Coin JPYC | $ | +0.00%  | |
| | 87 |  USD Universal USDU | $ | -0.01%  | |
| | 88 |  Hylo USD HYUSD | $ | -0.01%  | |
| | 89 |  eSui Dollar suiUSDe | $ | +0.54%  | |
| | 90 |  Mai Stablecoin (BASE) MAI | $ | -0.25%  | |
| | 91 |  MAI MIMATIC | $ | -0.14%  | |
| | 92 |  USDM USDM | $ | -0.60%  | |
| | 93 |  Jupiter USD JupUSD | $ | -0.02%  | |
| | 94 |  USDA USDA | $ | +0.35%  | |
| | 95 |  FUSD FUSD | $ | +0.10%  | |
| | 96 |  MetaMask USD MUSD | $ | -0.00%  | |
| | 97 |  USDz USDZ | $ | -0.02%  | |
| | 98 |  Schuman EURØP EUROP | $ | +0.12%  | |
| | 99 |  GYEN GYEN | $ | +0.00%  | |
| | 100 |  SPUSD SPUSD | $ | -0.03%  | |
Trending Stablecoins
| Coins | Live Price | 24h | |
|---|---|---|---|
| |  USDC USDC | $ | -0.05%  |
| |  TerraClassicUSD USTC | $ | +2.18%  |
| |  EURITE EURI | $ | -0.17%  |
Top Gainers
| Coins | | | |||
|---|---|---|---|---|---|
| |  Reservoir DAM | $ | +20.69%  | ||
| | TerraClassicUSD USTC | $ | +2.18% | ||
| |  USD Base Coin USDBC | $ | +0.24%  | ||
| |  Global Dollar USDG | $ | +0.20%  | ||
| |  Dai DAI | $ | +0.15%  | ||
| All Gainers | |||||
Market Cap
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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
- User wires $1 M to issuer’s bank → issuer mints 1 M stablecoins on-chain.
- Token trades 1:1 on exchanges; arbitrage bots keep parity.
- Redemption portal – send 1 M tokens back → receive $1 M wire (Tether, Circle) or collateral auction (Maker).
- Reserve proof – monthly attestations or real-time dashboards show 1:1 backing.
- 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.