Stablecoins

314 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 agEUR AGEUR $ 1.16
$ 24.37M
$ 24.37 million
+0.57%
52 Celo Dollar CUSD $ 1.000
$ 13.91M
$ 13.91 million
+0.10%
53 FUSD FUSD $ 1.00
$ 11.80M
$ 11.80 million
+0.05%
54 StablR USD USDR $ 0.530
$ 11.32M
$ 11.32 million
+26.10%
55 Decentralized Social DESO $ 1.16
$ 10.27M
$ 10.27 million
-2.12%
56 StablR Euro EURR $ 0.580
$ 9.94M
$ 9.94 million
+0.05%
57 BiLira TRYB $ 0.0211
$ 5.98M
$ 5.98 million
+1.52%
58 Ampleforth AMPL $ 1.39
$ 4.07M
$ 4.07 million
+10.62%
59 Fei Protocol FEI $ 0.950
$ 3.43M
$ 3.43 million
-5.69%
60 Bitshares BTS $ 0.00112
$ 3.35M
$ 3.35 million
+0.19%
61 Single Collateral Dai SAI $ 1.000
$ 2.66M
$ 2.66 million
-0.01%
62 Rupiah Token IDRT $ 0.0000572
$ 2.57M
$ 2.57 million
+0.94%
63 Vai VAI $ 0.999
$ 1.78M
$ 1.78 million
+0.01%
64 Dopple DOP $ 0.0197
$ 1.27M
$ 1.27 million
+1.55%
65 Reservoir DAM $ 0.00228
$ 956,394
$ 956,394
-6.98%
66 Tether CNH CNHT $ 0.0101
$ 252,500
$ 252,500
+0.00%
67 Basis Cash BAC $ 0.00164
$ 89,336
$ 89,336
-2.68%
68 Empty Set Dollar ESD $ 0.000275
$ 32,488
$ 32,488
+0.41%
69 Maya Preferred MPRD $ 399,487.77
$ 79.90T
$ 79.90 trillion
-10.42%
70 ZEDXION USDZ $ 0.997
$ 86.79B
$ 86.79 billion
-0.01%
71 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
72 Savings USDS SUSDS $ 1.11
$ 3.87B
$ 3.87 billion
+0.48%
73 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.01%
74 USAD USAD $ 0.991
$ 1.20B
$ 1.20 billion
+0.02%
75 Trivest USDI USDI $ 0.409
$ 409.06M
$ 409.06 million
-0.00%
76 USDai USDAI $ 1.000
$ 173.23M
$ 173.23 million
-0.03%
77 Neutrino Index XTN $ 3.30
$ 171.33M
$ 171.33 million
-1.22%
78 Noble Dollar USDN $ 0.899
$ 103.33M
$ 103.33 million
-7.83%
79 NXUSD NXUSD $ 1.01
$ 72.37M
$ 72.37 million
+0.96%
80 DOLA DOLA $ 0.998
$ 53.01M
$ 53.01 million
-0.05%
81 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.02M
$ 50.02 million
-0.03%
82 Jupiter USD JupUSD $ 1.000
$ 48.58M
$ 48.58 million
+0.01%
83 Sonic USD SCUSD $ 1.000
$ 42.54M
$ 42.54 million
-0.03%
84 SPUSD SPUSD $ 1.000
$ 28.82M
$ 28.82 million
+0.34%
85 Electronic USD eUSD $ 0.998
$ 22.51M
$ 22.51 million
+0.00%
86 JPYC JPYC $ 0.00865
$ 21.30M
$ 21.30 million
+1.91%
87 JPY Coin JPYC $ 0.00866
$ 20.34M
$ 20.34 million
+3.70%
88 AllUnity EUR EURAU $ 1.17
$ 18.82M
$ 18.82 million
+0.79%
89 Silver Token XAGX $ 65.82
$ 16.46M
$ 16.46 million
+3.01%
90 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.02%
91 Hylo USD HYUSD $ 0.999
$ 13.30M
$ 13.30 million
+0.00%
92 Mai Stablecoin (BASE) MAI $ 1.00
$ 12.95M
$ 12.95 million
+0.50%
93 MetaMask USD MUSD $ 1.00
$ 11.75M
$ 11.75 million
-4.09%
94 MAI MIMATIC $ 0.973
$ 11.54M
$ 11.54 million
+0.24%
95 oneBTC ONEBTC $ 1.02
$ 11.46M
$ 11.46 million
+1.22%
96 Schuman EURØP EUROP $ 1.17
$ 7.74M
$ 7.74 million
+0.76%
97 USDz USDZ $ 0.963
$ 7.47M
$ 7.47 million
+0.34%
98 USD Base Coin USDBC $ 1.00
$ 5.74M
$ 5.74 million
-0.02%
99 AUDD AUDD $ 0.710
$ 3.05M
$ 3.05 million
-1.06%
100 Wrapped FRAX WFRAX $ 0.288
$ 2.63M
$ 2.63 million
+0.43%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
PAX Gold PAXG $ 4,484.76
$ 1.97B
$ 1.97 billion
+2.72%
TerraClassicUSD USTC $ 0.00494
$ 27.49M
$ 27.49 million
+2.70%
Resolv RESOLV $ 0.0176
$ 8.04M
$ 8.04 million
+1.32%
Kyrgyz Som Stablecoin KGST $ 0.0115
$ 6.20M
$ 6.20 million
+0.94%
EURC EURC $ 1.17
$ 469.93M
$ 469.93 million
+0.81%
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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