Coinranking
Stablecoins
224 coins #12 Page 2| | Coins | | | ||
|---|---|---|---|---|---|
| | |||||
| The coins below are ranked lower due to missing data. Learn more | |||||
| | 51 |  Vai VAI | $ | -0.05%  | |
| | 52 |  Level USD LVLUSD | $ | +0.00%  | |
| | 53 |  deUSD DEUSD | $ | +46.72%  | |
| | 54 |  XAUT0 XAUT | $ | -7.56%  | |
| | 55 |  Maya Preferred MPRD | $ | -6.92%  | |
| | 56 |  JUSD Stable Token JUSD | $ | +0.00%  | |
| | 57 |  Hyper USD USDHL | $ | +0.14%  | |
| | 58 |  Savings USDS SUSDS | $ | +0.63%  | |
| | 59 |  EUUS EUUS | $ | -0.53%  | |
| | 60 |  BFUSD BFUSD | $ | +0.03%  | |
| | 61 |  GUSD GUSD | $ | +0.03%  | |
| | 62 |  USX USX | $ | -0.06%  | |
| | 63 |  Staked USDai SUSDAI | $ | -0.06%  | |
| | 64 |  infiniFi USD iUSD | $ | +0.00%  | |
| | 65 |  Strata Senior USDe srUSDe | $ | +0.58%  | |
| | 66 |  Frax USD FRXUSD | $ | +0.22%  | |
| | 67 |  MNEE USD Stablecoin MNEE | $ | -0.17%  | |
| | 68 |  EUR CoinVertible EURCV | $ | -0.36%  | |
| | 69 |  Sonic USD SCUSD | $ | +0.01%  | |
| | 70 |  Hylo USD HYUSD | $ | +0.01%  | |
| | 71 |  XT Stablecoin XTUSD | $ | -0.05%  | |
| | 72 |  Silver Token XAGX | $ | -13.53%  | |
| | 73 |  Electronic USD eUSD | $ | -0.16%  | |
| | 74 |  Resupply RSUP | $ | -6.57%  | |
| | 75 |  JPY Coin JPYC | $ | -5.10%  | |
| | 76 |  Wrapped FRAX WFRAX | $ | +2.56%  | |
| | 77 |  USD Open Dollar USDO | $ | -5.04%  | |
| | 78 |  MAI MIMATIC | $ | -0.21%  | |
| | 79 |  Web 3 Dollar USD3 | $ | +2.66%  | |
| | 80 |  USDM USDM | $ | -1.39%  | |
| | 81 |  USDA USDA | $ | -1.42%  | |
| | 82 |  FUSD FUSD | $ | +0.03%  | |
| | 83 |  MetaMask USD MUSD | $ | +0.00%  | |
| | 84 |  USDz USDZ | $ | -0.00%  | |
| | 85 |  Celo Euro CEUR | $ | +0.10%  | |
| | 86 |  Schuman EURØP EUROP | $ | -0.13%  | |
| | 87 |  SPUSD SPUSD | $ | +0.02%  | |
| | 88 |  Solayer USD SUSD | $ | -0.01%  | |
| | 89 |  GYEN GYEN | $ | +0.64%  | |
| | 90 |  Kyrgyz Som Stablecoin KGST | $ | -0.03%  | |
| | 91 |  Meta USD MUSD | $ | -0.23%  | |
| | 92 |  ckUSDT CKUSDT | $ | +0.25%  | |
| | 93 |  Decentralized Euro DEURO | $ | +0.02%  | |
| | 94 |  Mezo USD MUSD | $ | -0.14%  | |
| | 95 |  USDKG USDKG | $ | -0.50%  | |
| | 96 |  USC Stablecoin USC | $ | +27.83%  | |
| | 97 |  Tokenised GBP TGBP | $ | -0.25%  | |
| | 98 |  Parallel PAR | $ | +0.16%  | |
| | 99 |  HAI Index Token HAI | $ | -0.36%  | |
| | 100 |  Wrapped A7A5 1.0 wA7A5 | $ | +0.53%  | |
Trending Stablecoins
| Coins | Price | 24h | |
|---|---|---|---|
| |  PAX Gold PAXG | $ | -6.95%  |
| |  Tether USD USDT | $ | +0.04%  |
| |  USDC USDC | $ | +0.05%  |
| |  USDS USDS | $ | -0.32%  |
| |  Ethena USDe USDE | $ | +0.15%  |
Top gainers
| Coins | | | |||
|---|---|---|---|---|---|
| |  Reservoir DAM | $ | +1.60%  | ||
| |  Usual USD USD0 | $ | +1.27%  | ||
| |  USD Base Coin USDBC | $ | +0.46%  | ||
| | Ethena USDe USDE | $ | +0.15% | ||
| |  Legacy Frax Dollar FRAX | $ | +0.09%  | ||
| 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
- 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.