Stablecoins

241 coins #12 Page 2

Stablecoins are digital currencies backed by things like regular money or commodities, which means they have a steady value. More

# Coins Price Market cap 24h

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

51 XAUT0 XAUT $ 4,975.90
$ 917.89T
$ 917.89 trillion
-0.37%
52 Maya Preferred MPRD $ 99,050.73
$ 19.81T
$ 19.81 trillion
-0.22%
53 Tedra USD 2.0 USD.T $ 1.13
$ 113.01B
$ 113.01 billion
+13.00%
54 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
55 Hyper USD USDHL $ 1.00
$ 8.93B
$ 8.93 billion
+0.48%
56 Savings USDS SUSDS $ 2.56
$ 5.95B
$ 5.95 billion
+0.43%
57 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
58 DXBDT DXBDT $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
59 Royal Dollar RUSD $ 1.000
$ 999.58M
$ 999.58 million
-0.03%
60 USAD USAD $ 1.02
$ 898.37M
$ 898.37 million
+1.76%
61 USDai USDAI $ 1.000
$ 516.30M
$ 516.30 million
+0.03%
62 Tether Fund USD.F $ 0.00487
$ 487.06M
$ 487.06 million
+189.47%
63 GUSD GUSD $ 1.000
$ 319.89M
$ 319.89 million
+0.02%
64 Frax USD FRXUSD $ 2.89
$ 306.23M
$ 306.23 million
-1.53%
65 Staked USDai SUSDAI $ 1.07
$ 251.51M
$ 251.51 million
-0.10%
66 DOLA DOLA $ 2.87
$ 237.84M
$ 237.84 million
-1.56%
67 infiniFi USD iUSD $ 1.000
$ 182.68M
$ 182.68 million
-0.03%
68 Strata Senior USDe srUSDe $ 1.02
$ 146.18M
$ 146.18 million
-0.09%
69 Sonic USD SCUSD $ 2.89
$ 123.15M
$ 123.15 million
-1.24%
70 MNEE USD Stablecoin MNEE $ 1.00
$ 101.80M
$ 101.80 million
+0.03%
71 Fidelity Digital Dollar FIDD $ 0.999
$ 59.57M
$ 59.57 million
-0.03%
72 EUR CoinVertible EURCV $ 1.14
$ 54.91M
$ 54.91 million
-0.14%
73 OSL Group’s U.S. dollar USDGO $ 1.000
$ 50.00M
$ 50.00 million
+0.01%
74 USD Neutrino USDN $ 0.0738
$ 47.07M
$ 47.07 million
+9.39%
75 Hylo USD HYUSD $ 1.00
$ 33.36M
$ 33.36 million
-0.05%
76 XT Stablecoin XTUSD $ 0.999
$ 32.78M
$ 32.78 million
-0.06%
77 Electronic USD eUSD $ 1.000
$ 28.97M
$ 28.97 million
+0.04%
78 Silver Token XAGX $ 80.67
$ 20.17M
$ 20.17 million
+0.10%
79 JPY Coin JPYC $ 0.00730
$ 17.15M
$ 17.15 million
+2.83%
80 eSui Dollar suiUSDe $ 0.997
$ 12.81M
$ 12.81 million
-0.71%
81 USDM USDM $ 0.992
$ 11.94M
$ 11.94 million
-1.36%
82 Jupiter USD JupUSD $ 1.00
$ 11.70M
$ 11.70 million
-0.01%
83 Wrapped FRAX WFRAX $ 0.616
$ 11.38M
$ 11.38 million
-0.97%
84 Resupply RSUP $ 0.150
$ 10.43M
$ 10.43 million
+19.38%
85 USDA USDA $ 0.984
$ 9.99M
$ 9.99 million
-0.84%
86 Precious Metals USD pmUSD $ 0.991
$ 9.48M
$ 9.48 million
-0.88%
87 FUSD FUSD $ 0.998
$ 8.78M
$ 8.78 million
-0.25%
88 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%
89 USDz USDZ $ 0.995
$ 7.72M
$ 7.72 million
-0.11%
90 Celo Euro CEUR $ 1.14
$ 6.93M
$ 6.93 million
-0.36%
91 Schuman EURØP EUROP $ 1.14
$ 6.73M
$ 6.73 million
+0.11%
92 SPUSD SPUSD $ 1.00
$ 5.88M
$ 5.88 million
+0.22%
93 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.07M
$ 5.07 million
+0.06%
94 GYEN GYEN $ 0.00499
$ 4.81M
$ 4.81 million
+1.40%
95 Meta USD MUSD $ 0.999
$ 3.81M
$ 3.81 million
+1.51%
96 ckUSDT CKUSDT $ 0.999
$ 3.28M
$ 3.28 million
-0.03%
97 Mezo USD MUSD $ 0.993
$ 3.24M
$ 3.24 million
-0.04%
98 Decentralized Euro DEURO $ 1.14
$ 3.22M
$ 3.22 million
-0.16%
99 USDKG USDKG $ 1.000
$ 3.00M
$ 3.00 million
-0.02%
100 AUDD AUDD $ 0.699
$ 2.59M
$ 2.59 million
-0.17%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
sUSD Synthetix SUSD $ 0.854
$ 45.14M
$ 45.14 million
+0.58%
Binance-Peg BSC-USD BSC-USD $ 1.000
$ 8.98B
$ 8.98 billion
+0.26%
Legacy Frax Dollar FRAX $ 0.992
$ 273.83M
$ 273.83 million
+0.25%
StablR Euro EURR $ 1.15
$ 12.89M
$ 12.89 million
+0.20%
StablR USD USDR $ 0.997
$ 6.30M
$ 6.30 million
+0.13%
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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