Stablecoins

282 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 Celo Dollar CUSD $ 1.00
$ 15.66M
$ 15.66 million
-2.23%
52 XSGD XSGD $ 0.775
$ 15.29M
$ 15.29 million
+0.12%
53 StablR Euro EURR $ 1.03
$ 11.54M
$ 11.54 million
+0.24%
54 StablR USD USDR $ 0.438
$ 9.34M
$ 9.34 million
-0.74%
55 Reservoir DAM $ 0.00923
$ 3.64M
$ 3.64 million
+1.77%
56 Fei Protocol FEI $ 1.000
$ 3.41M
$ 3.41 million
-1.12%
57 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
-0.00%
58 Dopple DOP $ 0.0193
$ 1.24M
$ 1.24 million
+0.93%
59 Level USD LVLUSD $ 1.000
$ 974,072
$ 974,072
-0.01%
60 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
61 XAUT0 XAUT $ 4,154.60
$ 766.39T
$ 766.39 trillion
-0.15%
62 Maya Preferred MPRD $ 370,977.33
$ 74.20T
$ 74.20 trillion
-4.87%
63 USDCX USDCX $ 1.00
$ 202.49B
$ 202.49 billion
-0.04%
64 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
-0.00%
65 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
66 Savings USDS SUSDS $ 17.90
$ 49.73B
$ 49.73 billion
-0.91%
67 Royal Euro REUR $ 1.15
$ 5.74B
$ 5.74 billion
+0.02%
68 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.08%
69 Frax USD FRXUSD $ 16.33
$ 1.73B
$ 1.73 billion
+1.93%
70 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.00%
71 USAD USAD $ 0.989
$ 1.12B
$ 1.12 billion
-0.10%
72 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.02%
73 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
74 DOLA DOLA $ 16.26
$ 832.03M
$ 832.03 million
-0.59%
75 Sonic USD SCUSD $ 16.38
$ 696.98M
$ 696.98 million
+0.57%
76 USX USX $ 1.000
$ 501.02M
$ 501.02 million
-0.00%
77 Electronic USD eUSD $ 16.15
$ 468.00M
$ 468.00 million
-1.33%
78 GUSD GUSD $ 1.000
$ 320.00M
$ 320.00 million
+0.21%
79 Staked USDai SUSDAI $ 1.09
$ 255.94M
$ 255.94 million
+0.04%
80 Strata Senior USDe srUSDe $ 1.02
$ 146.22M
$ 146.22 million
-0.31%
81 Precious Metals USD pmUSD $ 12.78
$ 122.33M
$ 122.33 million
-0.83%
82 Noble Dollar USDN $ 1.000
$ 114.93M
$ 114.93 million
+0.09%
83 Decentralized Euro DEURO $ 36.04
$ 101.77M
$ 101.77 million
-0.97%
84 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 83.03M
$ 83.03 million
+0.01%
85 NXUSD NXUSD $ 0.993
$ 71.29M
$ 71.29 million
-0.65%
86 EUR CoinVertible EURCV $ 1.15
$ 55.21M
$ 55.21 million
+0.04%
87 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
-0.00%
88 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
-0.03%
89 JPYC JPYC $ 0.00729
$ 17.95M
$ 17.95 million
+0.04%
90 JPY Coin JPYC $ 0.00726
$ 17.06M
$ 17.06 million
+2.40%
91 Silver Token XAGX $ 65.27
$ 16.32M
$ 16.32 million
-0.20%
92 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.02%
93 Hylo USD HYUSD $ 1.000
$ 14.91M
$ 14.91 million
-0.02%
94 eSui Dollar suiUSDe $ 1.00
$ 13.90M
$ 13.90 million
-0.14%
95 USDM USDM $ 1.01
$ 12.11M
$ 12.11 million
+2.35%
96 MAI MIMATIC $ 0.991
$ 11.98M
$ 11.98 million
+0.17%
97 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.00%
98 USDA USDA $ 1.01
$ 10.24M
$ 10.24 million
+2.50%
99 FUSD FUSD $ 1.00
$ 10.22M
$ 10.22 million
+0.39%
100 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.01%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Legacy Frax Dollar FRAX $ 0.993
$ 240.06M
$ 240.06 million
+0.26%
Dai DAI $ 1.00
$ 5.15B
$ 5.15 billion
+0.22%
Ripple USD RLUSD $ 1.000
$ 1.86B
$ 1.86 billion
+0.09%
Ethena USDe USDE $ 1.00
$ 4.45B
$ 4.45 billion
+0.06%
PayPal USD PYUSD $ 1.00
$ 2.78B
$ 2.78 billion
+0.05%
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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