Stablecoins

309 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 Mezo USD MUSD $ 0.948
$ 47.42M
$ 47.42 million
-4.02%
52 Resupply USD reUSD $ 0.995
$ 31.87M
$ 31.87 million
+1.86%
53 sUSD Synthetix SUSD $ 0.618
$ 30.49M
$ 30.49 million
-0.00%
54 BOLD Stablecoin BOLD $ 1.00
$ 30.24M
$ 30.24 million
-0.00%
55 Bucket Protocol BUCK Stablecoin BUCK $ 1.00
$ 25.97M
$ 25.97 million
-0.14%
56 agEUR AGEUR $ 1.14
$ 23.92M
$ 23.92 million
+0.03%
57 Savings crvUSD SCRVUSD $ 1.11
$ 19.19M
$ 19.19 million
+1.85%
58 OpenEden Compounding OpenDollar CUSDO $ 1.05
$ 16.35M
$ 16.35 million
+0.31%
59 Celo Dollar CUSD $ 0.984
$ 13.24M
$ 13.24 million
+1.12%
60 Decentralized Social DESO $ 0.946
$ 8.40M
$ 8.40 million
-31.55%
61 Origin Dollar OUSD $ 0.999
$ 7.44M
$ 7.44 million
-0.10%
62 StablR USD USDR $ 0.248
$ 5.31M
$ 5.31 million
-15.42%
63 StablR Euro EURR $ 0.300
$ 5.14M
$ 5.14 million
-42.39%
64 Ampleforth AMPL $ 1.32
$ 4.14M
$ 4.14 million
-0.56%
65 Fei Protocol FEI $ 0.915
$ 3.29M
$ 3.29 million
-8.54%
66 Bitshares BTS $ 0.00106
$ 3.18M
$ 3.18 million
+0.62%
67 Single Collateral Dai SAI $ 0.998
$ 2.65M
$ 2.65 million
-0.21%
68 Vai VAI $ 0.999
$ 2.38M
$ 2.38 million
+12.48%
69 Reservoir DAM $ 0.00337
$ 1.36M
$ 1.36 million
-1.09%
70 USDV USDV $ 0.0400
$ 685,924
$ 685,924
+666.91Q%
71 USDK USDK $ 1.00
$ 490,641
$ 490,641
+1.96%
72 Tether CNH CNHT $ 0.0101
$ 252,500
$ 252,500
+0.00%
73 Basis Cash BAC $ 0.00261
$ 142,387
$ 142,387
-2.43%
74 ZUSD ZUSD $ 0.869
$ 14,462
$ 14,462
-12.99%
75 XAUT0 XAUT $ 4,140.90
$ 763.86T
$ 763.86 trillion
+1.83%
76 Maya Preferred MPRD $ 449,776.70
$ 89.96T
$ 89.96 trillion
+0.64%
77 USDCX USDCX $ 1.00
$ 202.51B
$ 202.51 billion
-0.01%
78 ZEDXION USDZ $ 0.998
$ 86.75B
$ 86.75 billion
-0.08%
79 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.01%
80 Savings USDS SUSDS $ 1.11
$ 3.96B
$ 3.96 billion
+2.43%
81 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
82 RUBX RUBx $ 0.0125
$ 1.25B
$ 1.25 billion
-2.41%
83 USAD USAD $ 0.988
$ 1.19B
$ 1.19 billion
-3.04%
84 Trivest USDI USDI $ 0.996
$ 996.26M
$ 996.26 million
-0.44%
85 USX USX $ 1.00
$ 523.63M
$ 523.63 million
-0.06%
86 GUSD GUSD $ 1.000
$ 320.03M
$ 320.03 million
+0.06%
87 USDai USDAI $ 1.00
$ 200.76M
$ 200.76 million
-0.00%
88 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 147.40M
$ 147.40 million
-0.08%
89 EUR CoinVertible EURCV $ 1.14
$ 115.07M
$ 115.07 million
+0.06%
90 Noble Dollar USDN $ 0.995
$ 114.31M
$ 114.31 million
-0.33%
91 Frax USD FRXUSD $ 1.01
$ 105.55M
$ 105.55 million
+2.00%
92 NXUSD NXUSD $ 0.990
$ 71.07M
$ 71.07 million
-1.32%
93 infiniFi USD iUSD $ 0.999
$ 61.28M
$ 61.28 million
-0.07%
94 Jupiter USD JupUSD $ 1.00
$ 53.09M
$ 53.09 million
+0.01%
95 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.03M
$ 50.03 million
-0.02%
96 Sonic USD SCUSD $ 1.00
$ 42.56M
$ 42.56 million
+0.11%
97 DOLA DOLA $ 0.995
$ 41.99M
$ 41.99 million
+0.02%
98 Electronic USD eUSD $ 0.999
$ 23.22M
$ 23.22 million
-0.01%
99 JPYC JPYC $ 0.00773
$ 19.03M
$ 19.03 million
+0.96%
100 AllUnity EUR EURAU $ 1.14
$ 18.41M
$ 18.41 million
-0.00%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
PAX Gold PAXG $ 4,148.69
$ 1.86B
$ 1.86 billion
+1.88%
Global Dollar USDG $ 1.00
$ 3.26B
$ 3.26 billion
+0.27%
Quantoz USDQ USDQ $ 0.987
$ 5.66M
$ 5.66 million
+0.27%
Liquity USD LUSD $ 1.01
$ 27.75M
$ 27.75 million
+0.26%
USD Base Coin USDBC $ 1.00
$ 5.94M
$ 5.94 million
+0.22%
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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