Stablecoins

260 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 Price Market cap 24h

The coins below are ranked lower due to missing data. Learn more

51 Rupiah Token IDRT $ 0.0000577
$ 2.59M
$ 2.59 million
+0.09%
52 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
-0.30%
53 XAUT0 XAUT $ 4,595.10
$ 847.65T
$ 847.65 trillion
-0.04%
54 Maya Preferred MPRD $ 175,367.49
$ 35.07T
$ 35.07 trillion
+0.66%
55 USDCX USDCX $ 1.00
$ 202.43B
$ 202.43 billion
+0.01%
56 Blynex USD USDB $ 0.945
$ 94.49B
$ 94.49 billion
-10.41%
57 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
-0.08%
58 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
59 Tether USD Bridged Wormhole USDTR $ 0.941
$ 25.43B
$ 25.43 billion
-8.27%
60 Tedra USD 2.0 USD.T $ 0.0800
$ 8.00B
$ 8.00 billion
-2.15%
61 Royal Euro REUR $ 1.17
$ 5.86B
$ 5.86 billion
-0.01%
62 Savings USDS SUSDS $ 1.90
$ 4.34B
$ 4.34 billion
-1.98%
63 Dephaser JPY JPYT $ 160.92
$ 2.20B
$ 2.20 billion
-0.03%
64 Lydia USAD $ 1.00
$ 2.16B
$ 2.16 billion
+0.00%
65 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
66 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
-0.00%
67 USAD USAD $ 0.975
$ 1.03B
$ 1.03 billion
+2.74%
68 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.03%
69 DXBDT DXBDT $ 1.000
$ 999.92M
$ 999.92 million
+0.01%
70 GUSD GUSD $ 1.000
$ 320.00M
$ 320.00 million
+0.10%
71 Staked USDai SUSDAI $ 1.08
$ 253.92M
$ 253.92 million
+0.02%
72 Frax USD FRXUSD $ 1.95
$ 206.71M
$ 206.71 million
-0.22%
73 infiniFi USD iUSD $ 1.000
$ 182.70M
$ 182.70 million
+0.07%
74 DOLA DOLA $ 1.78
$ 116.60M
$ 116.60 million
+0.46%
75 MNEE USD Stablecoin MNEE $ 1.000
$ 101.78M
$ 101.78 million
-0.01%
76 Sonic USD SCUSD $ 1.95
$ 83.08M
$ 83.08 million
+0.30%
77 Fidelity Digital Dollar FIDD $ 1.000
$ 59.59M
$ 59.59 million
-0.11%
78 EUR CoinVertible EURCV $ 1.17
$ 56.46M
$ 56.46 million
-0.03%
79 USDsui USDsui $ 1.00
$ 56.02M
$ 56.02 million
+0.06%
80 Electronic USD eUSD $ 1.93
$ 55.91M
$ 55.91 million
+2.51%
81 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.01M
$ 50.01 million
+0.01%
82 USD Neutrino USDN $ 0.0778
$ 49.57M
$ 49.57 million
+0.83%
83 XT Stablecoin XTUSD $ 1.00
$ 32.80M
$ 32.80 million
+0.01%
84 AllUnity EUR EURAU $ 1.17
$ 18.91M
$ 18.91 million
+0.20%
85 JPYC JPYC $ 0.00767
$ 18.89M
$ 18.89 million
+4.91%
86 Silver Token XAGX $ 75.32
$ 18.83M
$ 18.83 million
-0.09%
87 Precious Metals USD pmUSD $ 1.91
$ 18.27M
$ 18.27 million
-0.13%
88 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.00%
89 Hylo USD HYUSD $ 1.000
$ 14.56M
$ 14.56 million
-0.02%
90 eSui Dollar suiUSDe $ 1.00
$ 13.89M
$ 13.89 million
-0.04%
91 MAI MIMATIC $ 0.989
$ 12.16M
$ 12.16 million
-0.09%
92 USDM USDM $ 1.000
$ 12.03M
$ 12.03 million
+0.08%
93 Jupiter USD JupUSD $ 1.00
$ 11.70M
$ 11.70 million
-0.02%
94 USDA USDA $ 0.994
$ 10.09M
$ 10.09 million
-1.44%
95 FUSD FUSD $ 1.00
$ 9.60M
$ 9.60 million
+0.04%
96 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%
97 USDz USDZ $ 0.984
$ 7.63M
$ 7.63 million
+0.02%
98 Celo Euro CEUR $ 1.15
$ 6.96M
$ 6.96 million
-2.04%
99 Schuman EURØP EUROP $ 1.17
$ 6.92M
$ 6.92 million
+0.22%
100 GYEN GYEN $ 0.00639
$ 6.16M
$ 6.16 million
+23.27%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
TerraClassicUSD USTC $ 0.00739
$ 41.24M
$ 41.24 million
+18.58%
Resolv RESOLV $ 0.0291
$ 11.07M
$ 11.07 million
+1.38%
StablR USD USDR $ 0.998
$ 6.50M
$ 6.50 million
+0.21%
USD Base Coin USDBC $ 1.000
$ 7.07M
$ 7.07 million
+0.17%
StablR Euro EURR $ 1.16
$ 12.99M
$ 12.99 million
+0.16%
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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