Stablecoins

280 coins #12 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 Live Price Market cap 24h

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

51 Celo Dollar CUSD $ 0.976
$ 15.24M
$ 15.24 million
-4.68%
52 StablR Euro EURR $ 1.03
$ 11.51M
$ 11.51 million
-0.03%
53 StablR USD USDR $ 0.438
$ 9.34M
$ 9.34 million
+8.88%
54 Fei Protocol FEI $ 1.000
$ 3.41M
$ 3.41 million
-1.30%
55 BiLira TRYB $ 0.0181
$ 3.06M
$ 3.06 million
-2.26%
56 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
-0.00%
57 Dopple DOP $ 0.0192
$ 1.24M
$ 1.24 million
-0.49%
58 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
59 XAUT0 XAUT $ 4,287.30
$ 790.87T
$ 790.87 trillion
-0.69%
60 Maya Preferred MPRD $ 167,153.18
$ 33.43T
$ 33.43 trillion
-0.37%
61 USDCX USDCX $ 1.00
$ 202.55B
$ 202.55 billion
+0.03%
62 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
+0.00%
63 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.01%
64 Savings USDS SUSDS $ 17.80
$ 49.50B
$ 49.50 billion
+16.07%
65 Royal Euro REUR $ 1.15
$ 5.76B
$ 5.76 billion
-0.83%
66 Lydia USAD $ 1.00
$ 2.16B
$ 2.16 billion
-0.05%
67 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
+0.00%
68 Frax USD FRXUSD $ 15.43
$ 1.63B
$ 1.63 billion
+12.22%
69 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.00%
70 USAD USAD $ 1.02
$ 1.16B
$ 1.16 billion
+4.05%
71 DOLA DOLA $ 19.62
$ 1.00B
$ 1.00 billion
+22.76%
72 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
73 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.01%
74 Sonic USD SCUSD $ 15.25
$ 649.06M
$ 649.06 million
+13.38%
75 USDai USDAI $ 1.00
$ 516.41M
$ 516.41 million
+0.06%
76 USX USX $ 1.000
$ 501.04M
$ 501.04 million
+0.00%
77 Electronic USD eUSD $ 14.96
$ 433.61M
$ 433.61 million
+10.40%
78 GUSD GUSD $ 1.00
$ 320.11M
$ 320.11 million
+0.10%
79 Staked USDai SUSDAI $ 1.09
$ 255.79M
$ 255.79 million
+0.02%
80 Web 3 Dollar USD3 $ 17.64
$ 200.99M
$ 200.99 million
+377.49%
81 Strata Senior USDe srUSDe $ 1.02
$ 145.97M
$ 145.97 million
-0.27%
82 Precious Metals USD pmUSD $ 11.27
$ 107.84M
$ 107.84 million
+9.97%
83 NXUSD NXUSD $ 0.994
$ 71.38M
$ 71.38 million
+1.35%
84 EUR CoinVertible EURCV $ 1.15
$ 55.48M
$ 55.48 million
-0.76%
85 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
-0.00%
86 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
-0.01%
87 AllUnity EUR EURAU $ 1.15
$ 18.59M
$ 18.59 million
-0.80%
88 Silver Token XAGX $ 68.92
$ 17.23M
$ 17.23 million
-1.81%
89 JPYC JPYC $ 0.00689
$ 16.97M
$ 16.97 million
-4.23%
90 JPY Coin JPYC $ 0.00714
$ 16.77M
$ 16.77 million
-0.67%
91 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
+0.00%
92 Hylo USD HYUSD $ 1.000
$ 14.91M
$ 14.91 million
-0.04%
93 eSui Dollar suiUSDe $ 0.998
$ 13.84M
$ 13.84 million
-0.18%
94 USDM USDM $ 1.01
$ 12.14M
$ 12.14 million
-0.08%
95 MAI MIMATIC $ 0.991
$ 11.99M
$ 11.99 million
+0.04%
96 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.01%
97 USDA USDA $ 1.01
$ 10.27M
$ 10.27 million
+1.66%
98 FUSD FUSD $ 0.999
$ 9.89M
$ 9.89 million
+0.05%
99 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%
100 USDz USDZ $ 0.979
$ 7.59M
$ 7.59 million
+0.07%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Reservoir DAM $ 0.00965
$ 3.81M
$ 3.81 million
+5.63%
Liquity USD LUSD $ 1.02
$ 35.98M
$ 35.98 million
+1.04%
Ondo US Dollar Yield USDY $ 1.14
$ 2.15B
$ 2.15 billion
+0.57%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.09M
$ 5.09 million
+0.15%
Ripple USD RLUSD $ 1.00
$ 1.86B
$ 1.86 billion
+0.14%
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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