Stablecoins

274 coins #11 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 StablR Euro EURR $ 0.659
$ 7.40M
$ 7.40 million
-35.76%
52 Fei Protocol FEI $ 1.03
$ 3.52M
$ 3.52 million
+18.00%
53 BiLira TRYB $ 0.0193
$ 3.26M
$ 3.26 million
+2.00%
54 Vai VAI $ 0.997
$ 2.55M
$ 2.55 million
-0.15%
55 Dopple DOP $ 0.0195
$ 1.25M
$ 1.25 million
+1.16%
56 Level USD LVLUSD $ 0.999
$ 973,805
$ 973,805
-0.00%
57 AetherUSD USDA $ 1.00
$ 18.45
$ 18.45
+8.90%
58 XAUT0 XAUT $ 4,305.00
$ 794.13T
$ 794.13 trillion
+0.21%
59 Maya Preferred MPRD $ 264,144.57
$ 52.83T
$ 52.83 trillion
+0.68%
60 USDCX USDCX $ 1.000
$ 202.41B
$ 202.41 billion
+0.00%
61 Blynex USD USDB $ 0.999
$ 99.97B
$ 99.97 billion
+0.10%
62 ZEDXION USDZ $ 0.997
$ 86.78B
$ 86.78 billion
-0.04%
63 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
64 Hyper USD USDHL $ 1.00
$ 8.90B
$ 8.90 billion
-0.90%
65 Savings USDS SUSDS $ 3.09
$ 7.75B
$ 7.75 billion
-8.88%
66 Royal Euro REUR $ 1.15
$ 5.77B
$ 5.77 billion
+0.23%
67 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
-0.01%
68 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
-0.00%
69 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
-0.01%
70 USAD USAD $ 0.951
$ 1.07B
$ 1.07 billion
-1.96%
71 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.01%
72 Royal Dollar RUSD $ 0.999
$ 999.47M
$ 999.47 million
-0.08%
73 USDai USDAI $ 1.000
$ 516.08M
$ 516.08 million
+0.00%
74 USX USX $ 1.000
$ 501.11M
$ 501.11 million
+0.40%
75 Frax USD FRXUSD $ 4.21
$ 445.63M
$ 445.63 million
+12.43%
76 GUSD GUSD $ 1.000
$ 319.94M
$ 319.94 million
+0.09%
77 Staked USDai SUSDAI $ 1.09
$ 255.41M
$ 255.41 million
+0.02%
78 DOLA DOLA $ 3.97
$ 247.33M
$ 247.33 million
-6.08%
79 infiniFi USD iUSD $ 0.999
$ 182.51M
$ 182.51 million
-0.04%
80 Sonic USD SCUSD $ 4.20
$ 178.60M
$ 178.60 million
+12.45%
81 Electronic USD eUSD $ 4.02
$ 116.61M
$ 116.61 million
+21.38%
82 NXUSD NXUSD $ 1.00
$ 72.00M
$ 72.00 million
-1.18%
83 EUR CoinVertible EURCV $ 1.15
$ 55.53M
$ 55.53 million
+0.23%
84 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.03M
$ 50.03 million
+0.01%
85 XT Stablecoin XTUSD $ 1.000
$ 32.80M
$ 32.80 million
-0.02%
86 Precious Metals USD pmUSD $ 2.80
$ 26.82M
$ 26.82 million
+12.72%
87 JPY Coin JPYC $ 0.00734
$ 17.26M
$ 17.26 million
+8.40%
88 JPYC JPYC $ 0.00692
$ 17.05M
$ 17.05 million
+2.28%
89 Silver Token XAGX $ 68.17
$ 17.04M
$ 17.04 million
+0.50%
90 USD Universal USDU $ 1.000
$ 15.55M
$ 15.55 million
+0.01%
91 Overnight DAI+ DAI+ $ 0.998
$ 15.36M
$ 15.36 million
+0.88%
92 Hylo USD HYUSD $ 1.00
$ 14.94M
$ 14.94 million
-0.08%
93 eSui Dollar suiUSDe $ 1.01
$ 13.95M
$ 13.95 million
+1.05%
94 Mai Stablecoin (BASE) MAI $ 0.997
$ 12.87M
$ 12.87 million
-0.21%
95 USDM USDM $ 1.01
$ 12.17M
$ 12.17 million
+1.66%
96 MAI MIMATIC $ 0.988
$ 12.02M
$ 12.02 million
-0.08%
97 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.01%
98 USDA USDA $ 1.01
$ 10.22M
$ 10.22 million
+1.34%
99 FUSD FUSD $ 1.00
$ 9.90M
$ 9.90 million
-0.02%
100 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Liquity USD LUSD $ 1.09
$ 38.53M
$ 38.53 million
+7.36%
Resolv RESOLV $ 0.0182
$ 7.08M
$ 7.08 million
+6.89%
TerraClassicUSD USTC $ 0.00615
$ 34.32M
$ 34.32 million
+6.75%
PAX Gold PAXG $ 4,326.89
$ 1.99B
$ 1.99 billion
+0.35%
Binance USD BUSD $ 1.000
$ 55.86M
$ 55.86 million
+0.28%
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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