Stablecoins

272 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 $ 1.16
$ 12.98M
$ 12.98 million
+0.01%
52 Fei Protocol FEI $ 1.000
$ 3.41M
$ 3.41 million
-6.07%
53 Vai VAI $ 0.998
$ 2.55M
$ 2.55 million
-0.06%
54 Euro Tether EURT $ 0.0465
$ 1.86M
$ 1.86 million
-0.53%
55 Dopple DOP $ 0.0212
$ 1.36M
$ 1.36 million
+0.24%
56 XAUT0 XAUT $ 4,471.50
$ 824.85T
$ 824.85 trillion
-0.47%
57 Maya Preferred MPRD $ 148,839.07
$ 29.77T
$ 29.77 trillion
-0.60%
58 USDCX USDCX $ 1.00
$ 202.65B
$ 202.65 billion
+0.07%
59 Blynex USD USDB $ 0.995
$ 99.48B
$ 99.48 billion
-0.55%
60 ZEDXION USDZ $ 0.676
$ 58.77B
$ 58.77 billion
-32.22%
61 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
62 Savings USDS SUSDS $ 3.00
$ 7.29B
$ 7.29 billion
+0.26%
63 Royal Euro REUR $ 1.17
$ 5.83B
$ 5.83 billion
-0.01%
64 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.01%
65 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
-0.00%
66 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
67 USAD USAD $ 0.946
$ 1.07B
$ 1.07 billion
-0.00%
68 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.00%
69 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
-0.03%
70 GUSD GUSD $ 1.000
$ 319.98M
$ 319.98 million
+0.16%
71 Frax USD FRXUSD $ 2.70
$ 289.46M
$ 289.46 million
+1.08%
72 Staked USDai SUSDAI $ 1.09
$ 255.04M
$ 255.04 million
+0.02%
73 DOLA DOLA $ 2.72
$ 169.39M
$ 169.39 million
+0.37%
74 Sonic USD SCUSD $ 2.73
$ 116.03M
$ 116.03 million
+0.13%
75 Electronic USD eUSD $ 2.74
$ 79.38M
$ 79.38 million
+0.61%
76 NXUSD NXUSD $ 0.996
$ 71.50M
$ 71.50 million
-1.41%
77 EUR CoinVertible EURCV $ 1.16
$ 56.07M
$ 56.07 million
-0.04%
78 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.05M
$ 50.05 million
+0.02%
79 XT Stablecoin XTUSD $ 1.00
$ 32.83M
$ 32.83 million
+0.03%
80 Precious Metals USD pmUSD $ 2.14
$ 20.37M
$ 20.37 million
+1.66%
81 Silver Token XAGX $ 76.27
$ 19.07M
$ 19.07 million
+0.56%
82 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.01%
83 Hylo USD HYUSD $ 1.000
$ 14.91M
$ 14.91 million
+0.03%
84 eSui Dollar suiUSDe $ 1.00
$ 13.93M
$ 13.93 million
+0.49%
85 Mai Stablecoin (BASE) MAI $ 0.997
$ 12.87M
$ 12.87 million
+0.12%
86 USDM USDM $ 0.994
$ 11.96M
$ 11.96 million
+0.22%
87 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.01%
88 MAI MIMATIC $ 0.960
$ 11.68M
$ 11.68 million
-1.67%
89 oneBTC ONEBTC $ 1.00
$ 11.30M
$ 11.30 million
+1.19%
90 USDA USDA $ 0.998
$ 10.13M
$ 10.13 million
-0.17%
91 FUSD FUSD $ 1.00
$ 9.92M
$ 9.92 million
+0.15%
92 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
93 USDz USDZ $ 0.979
$ 7.59M
$ 7.59 million
+0.20%
94 Mento Euro CEUR $ 1.16
$ 7.04M
$ 7.04 million
+0.00%
95 Schuman EURØP EUROP $ 1.15
$ 6.80M
$ 6.80 million
-0.85%
96 GYEN GYEN $ 0.00627
$ 6.04M
$ 6.04 million
-0.73%
97 SPUSD SPUSD $ 1.00
$ 5.87M
$ 5.87 million
-0.07%
98 Resupply RSUP $ 0.0816
$ 5.67M
$ 5.67 million
+0.09%
99 Wrapped FRAX WFRAX $ 0.396
$ 3.54M
$ 3.54 million
+1.04%
100 Decentralized Euro DEURO $ 1.16
$ 3.29M
$ 3.29 million
-0.60%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Reservoir DAM $ 0.0103
$ 4.07M
$ 4.07 million
+3.71%
Resolv RESOLV $ 0.0222
$ 8.83M
$ 8.83 million
+1.86%
PAX Gold PAXG $ 4,523.36
$ 2.10B
$ 2.10 billion
+0.40%
Quantoz USDQ USDQ $ 0.993
$ 5.77M
$ 5.77 million
+0.31%
Legacy Frax Dollar FRAX $ 0.995
$ 274.40M
$ 274.40 million
+0.27%
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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