Stablecoins

314 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 Live Price Market cap 24h

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

51 Resupply USD reUSD $ 1.00
$ 36.83M
$ 36.83 million
-0.12%
52 BOLD Stablecoin BOLD $ 1.00
$ 30.23M
$ 30.23 million
-0.03%
53 Liquity USD LUSD $ 0.999
$ 28.05M
$ 28.05 million
-0.23%
54 Bucket Protocol BUCK Stablecoin BUCK $ 0.998
$ 25.92M
$ 25.92 million
-0.13%
55 sUSD Synthetix SUSD $ 0.501
$ 24.73M
$ 24.73 million
+0.00%
56 agEUR AGEUR $ 1.15
$ 24.17M
$ 24.17 million
+0.17%
57 Savings crvUSD SCRVUSD $ 1.12
$ 17.63M
$ 17.63 million
-0.03%
58 USD Base Coin USDBC $ 2.74
$ 15.64M
$ 15.64 million
+168.75%
59 OpenEden Compounding OpenDollar CUSDO $ 1.06
$ 15.44M
$ 15.44 million
+0.10%
60 Celo Dollar CUSD $ 0.998
$ 14.01M
$ 14.01 million
+0.20%
61 Decentralized Social DESO $ 1.25
$ 11.14M
$ 11.14 million
-5.00%
62 StablR USD USDR $ 0.485
$ 10.36M
$ 10.36 million
+1.27%
63 StablR Euro EURR $ 0.580
$ 9.94M
$ 9.94 million
+0.00%
64 Origin Dollar OUSD $ 1.00
$ 5.81M
$ 5.81 million
-0.27%
65 Ampleforth AMPL $ 1.30
$ 4.08M
$ 4.08 million
-0.06%
66 Fei Protocol FEI $ 1.00
$ 3.60M
$ 3.60 million
-0.00%
67 Bitshares BTS $ 0.00107
$ 3.20M
$ 3.20 million
-2.51%
68 Single Collateral Dai SAI $ 1.00
$ 2.66M
$ 2.66 million
+0.06%
69 Rupiah Token IDRT $ 0.0000559
$ 2.51M
$ 2.51 million
-3.52%
70 Euro Tether EURT $ 0.0501
$ 2.00M
$ 2.00 million
-0.41%
71 BiLira TRYB $ 0.0213
$ 1.88M
$ 1.88 million
-0.21%
72 Vai VAI $ 0.999
$ 1.79M
$ 1.79 million
+0.00%
73 Reservoir DAM $ 0.00309
$ 1.26M
$ 1.26 million
+0.72%
74 Dopple DOP $ 0.0195
$ 1.25M
$ 1.25 million
+0.07%
75 USDK USDK $ 0.992
$ 484,639
$ 484,639
-0.13%
76 Tether CNH CNHT $ 0.0101
$ 252,500
$ 252,500
+0.00%
77 Basis Cash BAC $ 0.00210
$ 114,499
$ 114,499
+3.76%
78 Empty Set Dollar ESD $ 0.000279
$ 32,927
$ 32,927
+1.46%
79 XAUT0 XAUT $ 4,317.70
$ 796.48T
$ 796.48 trillion
-0.39%
80 Maya Preferred MPRD $ 396,743.14
$ 79.35T
$ 79.35 trillion
-0.30%
81 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
+0.02%
82 AllUnity EUR EURAU $ 3,511.65
$ 56.65B
$ 56.65 billion
+16.10%
83 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
84 Mai Stablecoin (BASE) MAI $ 3,029.71
$ 39.11B
$ 39.11 billion
+14.07%
85 Blynex USD USDB $ 0.0861
$ 8.61B
$ 8.61 billion
-7.90%
86 Savings USDS SUSDS $ 1.12
$ 3.93B
$ 3.93 billion
+0.11%
87 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.00%
88 Trivest USDI USDI $ 0.999
$ 999.11M
$ 999.11 million
+0.04%
89 Neutrino Index XTN $ 3.27
$ 170.14M
$ 170.14 million
+13.00%
90 Noble Dollar USDN $ 0.991
$ 113.95M
$ 113.95 million
-0.18%
91 Frax USD FRXUSD $ 1.01
$ 101.98M
$ 101.98 million
-0.74%
92 NXUSD NXUSD $ 0.995
$ 71.42M
$ 71.42 million
-0.05%
93 Jupiter USD JupUSD $ 1.000
$ 52.63M
$ 52.63 million
-0.02%
94 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.02M
$ 50.02 million
-0.02%
95 DOLA DOLA $ 1.01
$ 46.93M
$ 46.93 million
-0.49%
96 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
-0.14%
97 USEU USEU $ 0.00600
$ 30.00M
$ 30.00 million
+0.00%
98 SPUSD SPUSD $ 1.000
$ 27.56M
$ 27.56 million
-0.31%
99 Electronic USD eUSD $ 1.00
$ 23.28M
$ 23.28 million
-0.24%
100 JPY Coin JPYC $ 0.00751
$ 17.64M
$ 17.64 million
-1.92%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.04B
$ 9.04 billion
+0.39%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.53M
$ 5.53 million
+0.20%
Curve.Fi USD Stablecoin CRVUSD $ 0.991
$ 211.44M
$ 211.44 million
+0.13%
Global Dollar USDG $ 1.00
$ 3.49B
$ 3.49 billion
+0.08%
Usual USD USD0 $ 0.999
$ 553.96M
$ 553.96 million
+0.08%
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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