Stablecoins

268 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 BiLira TRYB $ 0.0220
$ 3.71M
$ 3.71 million
+2.07%
52 Rupiah Token IDRT $ 0.0000701
$ 3.15M
$ 3.15 million
+25.41%
53 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
+3.18%
54 Fei Protocol FEI $ 0.600
$ 2.05M
$ 2.05 million
-40.00%
55 Dopple DOP $ 0.0210
$ 1.35M
$ 1.35 million
+0.33%
56 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
57 XAUT0 XAUT $ 4,500.70
$ 830.23T
$ 830.23 trillion
-0.39%
58 Maya Preferred MPRD $ 246,302.22
$ 49.26T
$ 49.26 trillion
+91.96%
59 USDCX USDCX $ 1.00
$ 202.51B
$ 202.51 billion
+0.01%
60 Blynex USD USDB $ 1.00
$ 100.00B
$ 100.00 billion
+3.03%
61 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
-0.01%
62 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
63 Hyper USD USDHL $ 0.997
$ 8.86B
$ 8.86 billion
+5.50%
64 Savings USDS SUSDS $ 3.17
$ 8.81B
$ 8.81 billion
+1.06%
65 Royal Euro REUR $ 1.16
$ 5.81B
$ 5.81 billion
-0.07%
66 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
-0.00%
67 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
68 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
-0.00%
69 USAD USAD $ 0.949
$ 1.07B
$ 1.07 billion
+0.53%
70 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.05%
71 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
72 DXBDT DXBDT $ 1.000
$ 999.90M
$ 999.90 million
-0.00%
73 USDai USDAI $ 1.00
$ 516.39M
$ 516.39 million
+0.01%
74 GUSD GUSD $ 0.999
$ 319.78M
$ 319.78 million
-0.03%
75 Frax USD FRXUSD $ 2.87
$ 303.78M
$ 303.78 million
+0.34%
76 Staked USDai SUSDAI $ 1.09
$ 254.73M
$ 254.73 million
+0.02%
77 DOLA DOLA $ 2.87
$ 187.36M
$ 187.36 million
+0.70%
78 infiniFi USD iUSD $ 0.999
$ 182.60M
$ 182.60 million
+0.05%
79 Strata Senior USDe srUSDe $ 1.02
$ 146.69M
$ 146.69 million
-0.40%
80 Sonic USD SCUSD $ 2.87
$ 122.06M
$ 122.06 million
+0.08%
81 MNEE USD Stablecoin MNEE $ 1.000
$ 101.77M
$ 101.77 million
-0.10%
82 Electronic USD eUSD $ 2.89
$ 83.79M
$ 83.79 million
-0.22%
83 NXUSD NXUSD $ 0.987
$ 70.89M
$ 70.89 million
-2.01%
84 EUR CoinVertible EURCV $ 1.16
$ 55.88M
$ 55.88 million
-0.12%
85 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.05M
$ 50.05 million
+0.03%
86 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
+0.02%
87 Precious Metals USD pmUSD $ 2.49
$ 23.75M
$ 23.75 million
+2.41%
88 Silver Token XAGX $ 75.53
$ 18.88M
$ 18.88 million
-1.49%
89 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.01%
90 Hylo USD HYUSD $ 1.00
$ 14.57M
$ 14.57 million
-0.01%
91 eSui Dollar suiUSDe $ 0.997
$ 13.83M
$ 13.83 million
-2.86%
92 Mai Stablecoin (BASE) MAI $ 0.998
$ 12.88M
$ 12.88 million
+0.32%
93 USDM USDM $ 1.01
$ 12.11M
$ 12.11 million
+1.09%
94 MAI MIMATIC $ 0.980
$ 11.92M
$ 11.92 million
-0.43%
95 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.01%
96 USDA USDA $ 1.01
$ 10.21M
$ 10.21 million
+0.17%
97 FUSD FUSD $ 1.00
$ 9.91M
$ 9.91 million
+0.31%
98 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
99 USDz USDZ $ 0.936
$ 7.26M
$ 7.26 million
-0.07%
100 Celo Euro CEUR $ 1.16
$ 7.04M
$ 7.04 million
+0.00%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.99B
$ 8.99 billion
+2.98%
Liquity USD LUSD $ 1.01
$ 35.80M
$ 35.80 million
+1.86%
Binance USD BUSD $ 1.00
$ 55.89M
$ 55.89 million
+0.90%
USDS USDS $ 1.00
$ 11.15B
$ 11.15 billion
+0.15%
Agora AUSD $ 1.00
$ 134.02M
$ 134.02 million
+0.10%
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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