Stablecoins

260 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 Price Market cap 24h

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

51 Rupiah Token IDRT $ 0.0000357
$ 1.60M
$ 1.60 million
-38.04%
52 AetherUSD USDA $ 1.00
$ 18.45
$ 18.45
-0.12%
53 XAUT0 XAUT $ 4,603.80
$ 849.25T
$ 849.25 trillion
+0.15%
54 Maya Preferred MPRD $ 174,969.19
$ 34.99T
$ 34.99 trillion
-0.56%
55 USDCX USDCX $ 1.00
$ 202.41B
$ 202.41 billion
-0.01%
56 Blynex USD USDB $ 1.07
$ 106.24B
$ 106.24 billion
+11.47%
57 ZEDXION USDZ $ 0.998
$ 86.86B
$ 86.86 billion
+0.02%
58 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
59 Tether USD Bridged Wormhole USDTR $ 1.00
$ 27.14B
$ 27.14 billion
+6.75%
60 Tedra USD 2.0 USD.T $ 0.0803
$ 8.03B
$ 8.03 billion
+0.32%
61 Royal Euro REUR $ 1.17
$ 5.87B
$ 5.87 billion
+0.14%
62 Savings USDS SUSDS $ 1.89
$ 3.00B
$ 3.00 billion
-0.53%
63 Lydia USAD $ 1.00
$ 2.16B
$ 2.16 billion
-0.01%
64 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.00%
65 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
+0.00%
66 USAD USAD $ 0.978
$ 1.03B
$ 1.03 billion
+0.00%
67 DXBDT DXBDT $ 1.000
$ 999.87M
$ 999.87 million
-0.01%
68 Royal Dollar RUSD $ 1.000
$ 999.68M
$ 999.68 million
-0.01%
69 USDai USDAI $ 1.00
$ 516.48M
$ 516.48 million
+0.02%
70 GUSD GUSD $ 0.999
$ 319.60M
$ 319.60 million
-0.14%
71 Staked USDai SUSDAI $ 1.08
$ 253.96M
$ 253.96 million
+0.03%
72 Frax USD FRXUSD $ 1.93
$ 204.04M
$ 204.04 million
-1.11%
73 infiniFi USD iUSD $ 1.000
$ 182.74M
$ 182.74 million
+0.02%
74 DOLA DOLA $ 1.85
$ 121.08M
$ 121.08 million
+3.97%
75 MNEE USD Stablecoin MNEE $ 1.00
$ 101.80M
$ 101.80 million
+0.02%
76 Sonic USD SCUSD $ 1.93
$ 81.93M
$ 81.93 million
-1.23%
77 Fidelity Digital Dollar FIDD $ 1.000
$ 59.57M
$ 59.57 million
-0.03%
78 EUR CoinVertible EURCV $ 1.17
$ 56.50M
$ 56.50 million
+0.06%
79 USDsui USDsui $ 1.00
$ 56.02M
$ 56.02 million
+0.05%
80 Electronic USD eUSD $ 1.88
$ 54.62M
$ 54.62 million
-2.13%
81 USD Neutrino USDN $ 0.0793
$ 50.56M
$ 50.56 million
+2.17%
82 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.01M
$ 50.01 million
-0.02%
83 XT Stablecoin XTUSD $ 1.00
$ 32.80M
$ 32.80 million
+0.01%
84 JPYC JPYC $ 0.00775
$ 19.08M
$ 19.08 million
+1.03%
85 Silver Token XAGX $ 75.75
$ 18.94M
$ 18.94 million
+0.66%
86 Precious Metals USD pmUSD $ 1.89
$ 18.04M
$ 18.04 million
-2.55%
87 JPY Coin JPYC $ 0.00764
$ 17.94M
$ 17.94 million
+3.03%
88 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.00%
89 Hylo USD HYUSD $ 1.000
$ 14.56M
$ 14.56 million
+0.02%
90 eSui Dollar suiUSDe $ 0.998
$ 13.84M
$ 13.84 million
-0.34%
91 Mai Stablecoin (BASE) MAI $ 0.999
$ 12.90M
$ 12.90 million
+0.41%
92 MAI MIMATIC $ 0.983
$ 12.09M
$ 12.09 million
-0.64%
93 USDM USDM $ 0.998
$ 12.01M
$ 12.01 million
-0.23%
94 Jupiter USD JupUSD $ 1.00
$ 11.71M
$ 11.71 million
+0.02%
95 USDA USDA $ 0.996
$ 10.11M
$ 10.11 million
+0.13%
96 FUSD FUSD $ 1.00
$ 9.60M
$ 9.60 million
+0.00%
97 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
98 EUUS EUUS $ 0.00156
$ 7.80M
$ 7.80 million
-97.77%
99 USDz USDZ $ 0.984
$ 7.64M
$ 7.64 million
+0.04%
100 Celo Euro CEUR $ 1.16
$ 7.05M
$ 7.05 million
+1.33%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
Binance USD BUSD $ 1.03
$ 57.53M
$ 57.53 million
+1.27%
World Liberty Financial USD USD1 $ 1.00
$ 4.37B
$ 4.37 billion
+0.45%
StablR USD USDR $ 1.00
$ 6.52M
$ 6.52 million
+0.28%
PAX Gold PAXG $ 4,609.10
$ 2.21B
$ 2.21 billion
+0.23%
Legacy Frax Dollar FRAX $ 0.994
$ 274.39M
$ 274.39 million
+0.21%
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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