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 $ 2.74
$ 16.12M
$ 16.12 million
-1.39%
52 BiLira TRYB $ 0.0217
$ 3.67M
$ 3.67 million
-0.10%
53 Fei Protocol FEI $ 0.994
$ 3.39M
$ 3.39 million
-2.86%
54 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
-0.14%
55 Rupiah Token IDRT $ 0.0000563
$ 2.53M
$ 2.53 million
+0.29%
56 Euro Tether EURT $ 0.0423
$ 1.69M
$ 1.69 million
-4.66%
57 Dopple DOP $ 0.0204
$ 1.32M
$ 1.32 million
-0.40%
58 XAUT0 XAUT $ 4,456.00
$ 821.99T
$ 821.99 trillion
+0.74%
59 Maya Preferred MPRD $ 99,398.09
$ 19.88T
$ 19.88 trillion
-32.85%
60 USDCX USDCX $ 1.00
$ 202.53B
$ 202.53 billion
-0.01%
61 Blynex USD USDB $ 0.998
$ 99.81B
$ 99.81 billion
-0.25%
62 ZEDXION USDZ $ 0.992
$ 86.30B
$ 86.30 billion
+422.41%
63 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
64 Tether USD Bridged Wormhole USDTR $ 0.995
$ 26.87B
$ 26.87 billion
-0.31%
65 Hyper USD USDHL $ 0.990
$ 8.80B
$ 8.80 billion
-0.28%
66 Savings USDS SUSDS $ 3.00
$ 7.32B
$ 7.32 billion
-0.84%
67 Royal Euro REUR $ 1.16
$ 5.82B
$ 5.82 billion
+0.29%
68 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.03%
69 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
-0.00%
70 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
71 USAD USAD $ 0.935
$ 1.06B
$ 1.06 billion
+0.00%
72 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
-0.01%
73 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.00%
74 USDai USDAI $ 1.000
$ 516.31M
$ 516.31 million
-0.02%
75 GUSD GUSD $ 0.998
$ 319.34M
$ 319.34 million
-0.14%
76 Frax USD FRXUSD $ 2.74
$ 290.02M
$ 290.02 million
-0.24%
77 Staked USDai SUSDAI $ 1.09
$ 255.19M
$ 255.19 million
+0.04%
78 DOLA DOLA $ 2.71
$ 168.86M
$ 168.86 million
-0.85%
79 Strata Senior USDe srUSDe $ 1.02
$ 146.68M
$ 146.68 million
-0.53%
80 Sonic USD SCUSD $ 2.74
$ 116.70M
$ 116.70 million
+0.51%
81 Classic USDC $USDC $ 0.000792
$ 83.16M
$ 83.16 million
-92.17%
82 Electronic USD eUSD $ 2.76
$ 79.89M
$ 79.89 million
-1.02%
83 NXUSD NXUSD $ 1.01
$ 72.58M
$ 72.58 million
+1.56%
84 EUR CoinVertible EURCV $ 1.16
$ 55.97M
$ 55.97 million
+0.17%
85 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.05M
$ 50.05 million
-0.02%
86 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
-0.10%
87 Precious Metals USD pmUSD $ 2.23
$ 21.35M
$ 21.35 million
+3.97%
88 Silver Token XAGX $ 73.84
$ 18.46M
$ 18.46 million
+0.22%
89 JPYC JPYC $ 0.00704
$ 17.34M
$ 17.34 million
-0.54%
90 JPY Coin JPYC $ 0.00708
$ 16.64M
$ 16.64 million
+1.79%
91 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.02%
92 Hylo USD HYUSD $ 1.00
$ 14.96M
$ 14.96 million
+0.05%
93 eSui Dollar suiUSDe $ 1.00
$ 13.92M
$ 13.92 million
+0.35%
94 Mai Stablecoin (BASE) MAI $ 0.996
$ 12.86M
$ 12.86 million
-0.01%
95 USDM USDM $ 0.988
$ 11.89M
$ 11.89 million
-0.29%
96 MAI MIMATIC $ 0.975
$ 11.86M
$ 11.86 million
+0.46%
97 Jupiter USD JupUSD $ 0.999
$ 11.69M
$ 11.69 million
-0.01%
98 oneBTC ONEBTC $ 1.00
$ 11.29M
$ 11.29 million
+1.29%
99 USDA USDA $ 0.996
$ 10.12M
$ 10.12 million
-0.36%
100 FUSD FUSD $ 1.00
$ 9.92M
$ 9.92 million
+0.35%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Reservoir DAM $ 0.0100
$ 3.96M
$ 3.96 million
+4.35%
StablR Euro EURR $ 0.780
$ 8.75M
$ 8.75 million
+1.34%
PAX Gold PAXG $ 4,480.55
$ 2.07B
$ 2.07 billion
+1.08%
Liquity USD LUSD $ 1.00
$ 35.54M
$ 35.54 million
+0.29%
EURC EURC $ 1.16
$ 432.97M
$ 432.97 million
+0.19%
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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