Stablecoins

264 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 Price Market cap 24h

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

51 Euro Tether EURT $ 0.0711
$ 2.84M
$ 2.84 million
-1.06%
52 Vai VAI $ 1.06
$ 2.60M
$ 2.60 million
+7.82%
53 Dopple DOP $ 0.0214
$ 1.38M
$ 1.38 million
+12.22%
54 Level USD LVLUSD $ 0.999
$ 972,742
$ 972,742
-0.04%
55 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
56 XAUT0 XAUT $ 4,675.70
$ 862.51T
$ 862.51 trillion
+0.22%
57 Maya Preferred MPRD $ 162,516.64
$ 32.50T
$ 32.50 trillion
-0.84%
58 Tedra USD 2.0 USD.T $ 2.24
$ 224.02B
$ 224.02 billion
+124.02%
59 USDCX USDCX $ 1.00
$ 202.47B
$ 202.47 billion
+0.02%
60 Blynex USD USDB $ 1.06
$ 105.56B
$ 105.56 billion
+12.05%
61 ZEDXION USDZ $ 0.998
$ 86.80B
$ 86.80 billion
-0.02%
62 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
63 Hyper USD USDHL $ 0.910
$ 8.09B
$ 8.09 billion
-8.70%
64 Savings USDS SUSDS $ 3.37
$ 6.44B
$ 6.44 billion
-1.30%
65 Royal Euro REUR $ 1.17
$ 5.85B
$ 5.85 billion
-0.14%
66 Dephaser JPY JPYT $ 162.12
$ 2.22B
$ 2.22 billion
+0.37%
67 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.02%
68 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
-0.00%
69 USAD USAD $ 0.967
$ 1.03B
$ 1.03 billion
+1.35%
70 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.00%
71 Royal Dollar RUSD $ 1.000
$ 999.98M
$ 999.98 million
-0.01%
72 DXBDT DXBDT $ 1.000
$ 999.78M
$ 999.78 million
-0.01%
73 USDai USDAI $ 1.00
$ 516.46M
$ 516.46 million
+0.04%
74 GUSD GUSD $ 1.00
$ 320.34M
$ 320.34 million
+0.09%
75 Frax USD FRXUSD $ 3.01
$ 318.41M
$ 318.41 million
-2.61%
76 Staked USDai SUSDAI $ 1.08
$ 254.42M
$ 254.42 million
+0.00%
77 DOLA DOLA $ 3.05
$ 199.11M
$ 199.11 million
-1.84%
78 Strata Senior USDe srUSDe $ 1.02
$ 146.51M
$ 146.51 million
-0.39%
79 Sonic USD SCUSD $ 3.09
$ 131.30M
$ 131.30 million
-1.63%
80 MNEE USD Stablecoin MNEE $ 1.00
$ 101.80M
$ 101.80 million
+0.02%
81 Electronic USD eUSD $ 3.09
$ 89.58M
$ 89.58 million
-1.04%
82 NXUSD NXUSD $ 0.994
$ 71.40M
$ 71.40 million
-1.47%
83 EUR CoinVertible EURCV $ 1.17
$ 56.28M
$ 56.28 million
-0.12%
84 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.00M
$ 50.00 million
+0.02%
85 XT Stablecoin XTUSD $ 1.00
$ 32.80M
$ 32.80 million
-0.02%
86 Precious Metals USD pmUSD $ 2.52
$ 24.10M
$ 24.10 million
-8.10%
87 Silver Token XAGX $ 84.66
$ 21.21M
$ 21.21 million
-3.27%
88 JPY Coin JPYC $ 0.00775
$ 18.21M
$ 18.21 million
+0.91%
89 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
+0.03%
90 Hylo USD HYUSD $ 1.00
$ 14.57M
$ 14.57 million
+0.05%
91 eSui Dollar suiUSDe $ 1.00
$ 13.88M
$ 13.88 million
+0.35%
92 MAI MIMATIC $ 0.985
$ 11.98M
$ 11.98 million
-0.07%
93 USDM USDM $ 0.992
$ 11.94M
$ 11.94 million
-0.40%
94 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.02%
95 USDA USDA $ 1.00
$ 10.18M
$ 10.18 million
+0.23%
96 FUSD FUSD $ 1.00
$ 9.61M
$ 9.61 million
+0.03%
97 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
98 USDz USDZ $ 0.982
$ 7.62M
$ 7.62 million
-0.02%
99 Celo Euro CEUR $ 1.16
$ 7.06M
$ 7.06 million
+0.00%
100 Schuman EURØP EUROP $ 1.18
$ 6.94M
$ 6.94 million
+0.94%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
Reservoir DAM $ 0.0142
$ 5.52M
$ 5.52 million
+22.38%
Binance-Peg BSC-USD BSC-USD $ 1.06
$ 9.50B
$ 9.50 billion
+11.91%
Binance USD BUSD $ 1.03
$ 57.31M
$ 57.31 million
+11.89%
Resolv RESOLV $ 0.0359
$ 14.20M
$ 14.20 million
+7.27%
USD Base Coin USDBC $ 1.00
$ 7.11M
$ 7.11 million
+0.33%
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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