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 StablR Euro EURR $ 0.808
$ 9.07M
$ 9.07 million
+4.72%
52 BiLira TRYB $ 0.0217
$ 3.66M
$ 3.66 million
-0.26%
53 Fei Protocol FEI $ 0.990
$ 3.38M
$ 3.38 million
-0.43%
54 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
+0.30%
55 Rupiah Token IDRT $ 0.0000560
$ 2.51M
$ 2.51 million
-0.59%
56 Euro Tether EURT $ 0.0376
$ 1.50M
$ 1.50 million
-10.98%
57 Dopple DOP $ 0.0192
$ 1.24M
$ 1.24 million
-6.10%
58 Reflexer Ungovernance Token FLX $ 0.795
$ 656,537
$ 656,537
-41.70%
59 AetherUSD USDA $ 0.920
$ 18.45
$ 18.45
-8.76%
60 XAUT0 XAUT $ 4,315.20
$ 796.01T
$ 796.01 trillion
-3.16%
61 Maya Preferred MPRD $ 189,402.06
$ 37.88T
$ 37.88 trillion
+90.55%
62 USDCX USDCX $ 1.00
$ 202.47B
$ 202.47 billion
-0.03%
63 Blynex USD USDB $ 0.999
$ 99.90B
$ 99.90 billion
-0.10%
64 ZEDXION USDZ $ 0.998
$ 86.82B
$ 86.82 billion
+1.09%
65 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.08%
66 Tether USD Bridged Wormhole USDTR $ 0.998
$ 26.95B
$ 26.95 billion
+0.26%
67 Hyper USD USDHL $ 0.992
$ 8.81B
$ 8.81 billion
+0.44%
68 Savings USDS SUSDS $ 3.04
$ 7.49B
$ 7.49 billion
+1.11%
69 Royal Euro REUR $ 1.15
$ 5.76B
$ 5.76 billion
-0.84%
70 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
-0.02%
71 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
-0.00%
72 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
73 USAD USAD $ 0.966
$ 1.09B
$ 1.09 billion
+3.32%
74 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
75 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
-0.03%
76 USDai USDAI $ 1.000
$ 516.21M
$ 516.21 million
-0.02%
77 GUSD GUSD $ 0.999
$ 319.59M
$ 319.59 million
-0.03%
78 Frax USD FRXUSD $ 2.76
$ 291.84M
$ 291.84 million
+1.12%
79 Staked USDai SUSDAI $ 1.09
$ 255.22M
$ 255.22 million
+0.02%
80 DOLA DOLA $ 2.75
$ 171.60M
$ 171.60 million
+1.33%
81 Strata Senior USDe srUSDe $ 1.02
$ 146.68M
$ 146.68 million
-0.00%
82 Sonic USD SCUSD $ 2.76
$ 117.31M
$ 117.31 million
-0.24%
83 Electronic USD eUSD $ 2.90
$ 84.02M
$ 84.02 million
+5.87%
84 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.97M
$ 82.97 million
-0.23%
85 NXUSD NXUSD $ 1.02
$ 73.54M
$ 73.54 million
+1.67%
86 EUR CoinVertible EURCV $ 1.15
$ 55.50M
$ 55.50 million
-0.80%
87 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.02M
$ 50.02 million
-0.04%
88 XT Stablecoin XTUSD $ 1.000
$ 32.80M
$ 32.80 million
-0.07%
89 Web 3 Dollar USD3 $ 2.80
$ 31.87M
$ 31.87 million
-10.96%
90 Precious Metals USD pmUSD $ 2.02
$ 19.33M
$ 19.33 million
-6.90%
91 Silver Token XAGX $ 69.00
$ 17.25M
$ 17.25 million
-6.73%
92 JPYC JPYC $ 0.00694
$ 17.10M
$ 17.10 million
-1.39%
93 USD Universal USDU $ 1.000
$ 15.55M
$ 15.55 million
-0.04%
94 Hylo USD HYUSD $ 1.00
$ 14.96M
$ 14.96 million
-0.01%
95 eSui Dollar suiUSDe $ 0.996
$ 13.81M
$ 13.81 million
-0.76%
96 Mai Stablecoin (BASE) MAI $ 0.996
$ 12.86M
$ 12.86 million
+0.11%
97 MAI MIMATIC $ 0.989
$ 12.03M
$ 12.03 million
+1.48%
98 USDM USDM $ 0.992
$ 11.94M
$ 11.94 million
-0.12%
99 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.01%
100 oneBTC ONEBTC $ 0.987
$ 11.13M
$ 11.13 million
-1.46%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
USDD USDD $ 1.000
$ 1.44B
$ 1.44 billion
+0.72%
Liquity USD LUSD $ 1.01
$ 35.75M
$ 35.75 million
+0.47%
BOLD Stablecoin BOLD $ 1.00
$ 33.13M
$ 33.13 million
+0.11%
Legacy Frax Dollar FRAX $ 0.996
$ 274.72M
$ 274.72 million
+0.09%
Ethena USDe USDE $ 1.00
$ 4.45B
$ 4.45 billion
+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

  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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