Stablecoins

312 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 Liquity USD LUSD $ 0.999
$ 27.69M
$ 27.69 million
+0.42%
52 Bucket Protocol BUCK Stablecoin BUCK $ 0.998
$ 25.92M
$ 25.92 million
-0.11%
53 agEUR AGEUR $ 1.16
$ 24.25M
$ 24.25 million
+0.49%
54 Savings crvUSD SCRVUSD $ 1.11
$ 19.01M
$ 19.01 million
+0.34%
55 Celo Dollar CUSD $ 1.00
$ 13.73M
$ 13.73 million
+1.37%
56 StablR Euro EURR $ 0.677
$ 11.60M
$ 11.60 million
-0.25%
57 Decentralized Social DESO $ 1.23
$ 10.96M
$ 10.96 million
+1.06%
58 Worldwide USD WUSD $ 0.997
$ 7.19M
$ 7.19 million
-0.11%
59 Origin Dollar OUSD $ 1.000
$ 6.09M
$ 6.09 million
+0.06%
60 USD Base Coin USDBC $ 1.00
$ 5.62M
$ 5.62 million
+0.04%
61 StablR USD USDR $ 0.198
$ 4.22M
$ 4.22 million
+0.10%
62 Ampleforth AMPL $ 1.27
$ 3.97M
$ 3.97 million
+1.67%
63 Fei Protocol FEI $ 1.000
$ 3.60M
$ 3.60 million
+0.00%
64 Bitshares BTS $ 0.00107
$ 3.21M
$ 3.21 million
-0.70%
65 Single Collateral Dai SAI $ 1.00
$ 2.66M
$ 2.66 million
+0.09%
66 Rupiah Token IDRT $ 0.0000571
$ 2.56M
$ 2.56 million
+1.80%
67 Vai VAI $ 0.999
$ 1.83M
$ 1.83 million
+0.00%
68 Reservoir DAM $ 0.00393
$ 1.60M
$ 1.60 million
-10.59%
69 Tether CNH CNHT $ 0.0101
$ 252,500
$ 252,500
+0.00%
70 Basis Cash BAC $ 0.00214
$ 116,682
$ 116,682
-0.23%
71 Empty Set Dollar ESD $ 0.000271
$ 31,967
$ 31,967
+0.58%
72 XAUT0 XAUT $ 4,102.10
$ 756.70T
$ 756.70 trillion
+1.64%
73 Maya Preferred MPRD $ 249,178.27
$ 49.84T
$ 49.84 trillion
+0.45%
74 ZEDXION USDZ $ 0.998
$ 86.80B
$ 86.80 billion
+0.04%
75 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.00%
76 Mai Stablecoin (BASE) MAI $ 2,267.27
$ 29.27B
$ 29.27 billion
+227,766.22%
77 Tether USD Bridged Wormhole USDTR $ 0.997
$ 26.93B
$ 26.93 billion
+0.00%
78 Savings USDS SUSDS $ 1.11
$ 3.87B
$ 3.87 billion
-0.07%
79 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.00%
80 USAD USAD $ 1.04
$ 1.26B
$ 1.26 billion
+6.06%
81 USX USX $ 1.000
$ 522.89M
$ 522.89 million
-0.09%
82 GUSD GUSD $ 1.000
$ 319.85M
$ 319.85 million
-0.07%
83 Neutrino Index XTN $ 4.29
$ 223.08M
$ 223.08 million
+932.22%
84 EUR CoinVertible EURCV $ 1.15
$ 118.82M
$ 118.82 million
+0.62%
85 Frax USD FRXUSD $ 1.01
$ 100.77M
$ 100.77 million
+0.31%
86 NXUSD NXUSD $ 1.01
$ 72.42M
$ 72.42 million
+0.79%
87 infiniFi USD iUSD $ 1.000
$ 60.80M
$ 60.80 million
+0.09%
88 Jupiter USD JupUSD $ 1.000
$ 53.13M
$ 53.13 million
+0.01%
89 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
-0.01%
90 DOLA DOLA $ 0.998
$ 45.98M
$ 45.98 million
+0.01%
91 Sonic USD SCUSD $ 1.00
$ 42.65M
$ 42.65 million
+0.25%
92 Tether Fund USD.F $ 0.000401
$ 40.12M
$ 40.12 million
+28.06%
93 SPUSD SPUSD $ 1.00
$ 24.07M
$ 24.07 million
+0.35%
94 Electronic USD eUSD $ 0.999
$ 23.33M
$ 23.33 million
-0.05%
95 JPYC JPYC $ 0.00797
$ 19.63M
$ 19.63 million
-4.58%
96 AllUnity EUR EURAU $ 1.15
$ 18.60M
$ 18.60 million
-99.93%
97 JPY Coin JPYC $ 0.00758
$ 17.81M
$ 17.81 million
-15.54%
98 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
-0.02%
99 Silver Token XAGX $ 59.28
$ 14.82M
$ 14.82 million
+3.52%
100 eSui Dollar suiUSDe $ 1.02
$ 13.78M
$ 13.78 million
+3.48%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00498
$ 27.74M
$ 27.74 million
+2.71%
PAX Gold PAXG $ 4,110.11
$ 1.82B
$ 1.82 billion
+1.52%
XSGD XSGD $ 0.782
$ 12.35M
$ 12.35 million
+0.82%
EURC EURC $ 1.15
$ 446.99M
$ 446.99 million
+0.71%
EURITE EURI $ 1.15
$ 37.70M
$ 37.70 million
+0.63%
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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