Stablecoins

278 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 StablR USD USDR $ 0.366
$ 7.81M
$ 7.81 million
+14.41%
52 Fei Protocol FEI $ 1.00
$ 3.42M
$ 3.42 million
+6.49%
53 BiLira TRYB $ 0.0182
$ 3.08M
$ 3.08 million
+6.70%
54 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
-0.00%
55 Rupiah Token IDRT $ 0.0000548
$ 2.46M
$ 2.46 million
+0.45%
56 Euro Tether EURT $ 0.0583
$ 2.33M
$ 2.33 million
+29.43%
57 Dopple DOP $ 0.0195
$ 1.26M
$ 1.26 million
+0.15%
58 Reflexer Ungovernance Token FLX $ 0.895
$ 739,701
$ 739,701
-5.04%
59 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
60 XAUT0 XAUT $ 4,268.50
$ 787.40T
$ 787.40 trillion
+1.25%
61 Maya Preferred MPRD $ 167,852.20
$ 33.57T
$ 33.57 trillion
-0.15%
62 USDCX USDCX $ 1.00
$ 202.49B
$ 202.49 billion
+0.04%
63 ZEDXION USDZ $ 0.998
$ 86.82B
$ 86.82 billion
-0.01%
64 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
65 Savings USDS SUSDS $ 11.44
$ 29.36B
$ 29.36 billion
+14.92%
66 Royal Euro REUR $ 1.16
$ 5.80B
$ 5.80 billion
+0.23%
67 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.00%
68 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
+0.00%
69 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
70 Frax USD FRXUSD $ 12.15
$ 1.29B
$ 1.29 billion
+20.51%
71 USAD USAD $ 1.02
$ 1.15B
$ 1.15 billion
-3.77%
72 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.00%
73 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
-0.02%
74 DOLA DOLA $ 14.30
$ 699.72M
$ 699.72 million
+12.15%
75 Sonic USD SCUSD $ 12.08
$ 514.22M
$ 514.22 million
+20.37%
76 USX USX $ 1.000
$ 501.04M
$ 501.04 million
-0.01%
77 Electronic USD eUSD $ 11.86
$ 343.61M
$ 343.61 million
+19.39%
78 GUSD GUSD $ 1.00
$ 320.05M
$ 320.05 million
+0.10%
79 Staked USDai SUSDAI $ 1.09
$ 255.68M
$ 255.68 million
-0.00%
80 EUUS EUUS $ 0.0456
$ 228.00M
$ 228.00 million
-8.80%
81 infiniFi USD iUSD $ 1.00
$ 182.86M
$ 182.86 million
+0.08%
82 Strata Senior USDe srUSDe $ 1.02
$ 146.53M
$ 146.53 million
+0.19%
83 Precious Metals USD pmUSD $ 8.06
$ 77.11M
$ 77.11 million
+20.59%
84 NXUSD NXUSD $ 0.982
$ 70.49M
$ 70.49 million
-1.02%
85 EUR CoinVertible EURCV $ 1.16
$ 55.85M
$ 55.85 million
+0.33%
86 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.03M
$ 50.03 million
+0.01%
87 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
+0.01%
88 Silver Token XAGX $ 70.36
$ 17.56M
$ 17.56 million
+3.30%
89 JPYC JPYC $ 0.00705
$ 17.35M
$ 17.35 million
-5.05%
90 JPY Coin JPYC $ 0.00728
$ 17.10M
$ 17.10 million
-0.73%
91 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.00%
92 Hylo USD HYUSD $ 1.00
$ 14.92M
$ 14.92 million
-0.03%
93 eSui Dollar suiUSDe $ 1.00
$ 13.92M
$ 13.92 million
+0.42%
94 USDM USDM $ 0.996
$ 11.99M
$ 11.99 million
-1.30%
95 MAI MIMATIC $ 0.990
$ 11.97M
$ 11.97 million
-0.01%
96 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.01%
97 oneBTC ONEBTC $ 1.000
$ 11.28M
$ 11.28 million
-0.30%
98 USDA USDA $ 1.000
$ 10.15M
$ 10.15 million
-1.10%
99 FUSD FUSD $ 1.00
$ 9.91M
$ 9.91 million
+0.12%
100 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Resolv RESOLV $ 0.0178
$ 7.30M
$ 7.30 million
+4.64%
sUSD Synthetix SUSD $ 4.44
$ 235.23M
$ 235.23 million
+3.67%
PAX Gold PAXG $ 4,308.75
$ 1.97B
$ 1.97 billion
+1.96%
USD Base Coin USDBC $ 1.01
$ 6.50M
$ 6.50 million
+1.09%
EURC EURC $ 1.16
$ 438.60M
$ 438.60 million
+0.29%
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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