Stablecoins

271 coins #11 Page 2

Stablecoins are digital currencies backed by things like regular money or commodities, which means they have a steady value. More

# Coins Live Price Market cap 24h

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

51 BiLira TRYB $ 0.0219
$ 3.70M
$ 3.70 million
+2.70%
52 Fei Protocol FEI $ 0.941
$ 3.21M
$ 3.21 million
+9.82%
53 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
+0.06%
54 Dopple DOP $ 0.0208
$ 1.34M
$ 1.34 million
-1.99%
55 Rupiah Token IDRT $ 0.0000139
$ 625,811
$ 625,811
-79.94%
56 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
57 XAUT0 XAUT $ 4,540.70
$ 837.61T
$ 837.61 trillion
+0.89%
58 Maya Preferred MPRD $ 169,327.90
$ 33.87T
$ 33.87 trillion
-5.58%
59 USDCX USDCX $ 1.00
$ 202.55B
$ 202.55 billion
-0.03%
60 Blynex USD USDB $ 0.999
$ 99.92B
$ 99.92 billion
-0.17%
61 ZEDXION USDZ $ 0.997
$ 86.81B
$ 86.81 billion
-0.02%
62 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
63 Hyper USD USDHL $ 0.992
$ 8.82B
$ 8.82 billion
+0.04%
64 Savings USDS SUSDS $ 2.94
$ 6.77B
$ 6.77 billion
-2.63%
65 Royal Euro REUR $ 1.17
$ 5.83B
$ 5.83 billion
+0.24%
66 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
-0.00%
67 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.01%
68 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
+0.00%
69 USAD USAD $ 0.999
$ 1.13B
$ 1.13 billion
+0.00%
70 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.02%
71 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
-0.05%
72 USDai USDAI $ 1.000
$ 516.28M
$ 516.28 million
-0.02%
73 GUSD GUSD $ 0.998
$ 319.44M
$ 319.44 million
-0.01%
74 Frax USD FRXUSD $ 2.71
$ 286.50M
$ 286.50 million
-5.48%
75 Staked USDai SUSDAI $ 1.09
$ 254.78M
$ 254.78 million
+0.03%
76 EUUS EUUS $ 0.0500
$ 250.00M
$ 250.00 million
-23.08%
77 infiniFi USD iUSD $ 0.999
$ 182.66M
$ 182.66 million
+0.05%
78 DOLA DOLA $ 2.68
$ 174.85M
$ 174.85 million
-4.11%
79 Sonic USD SCUSD $ 2.67
$ 113.52M
$ 113.52 million
-5.92%
80 Electronic USD eUSD $ 2.73
$ 79.03M
$ 79.03 million
-4.20%
81 NXUSD NXUSD $ 0.994
$ 71.39M
$ 71.39 million
-0.09%
82 EUR CoinVertible EURCV $ 1.16
$ 56.07M
$ 56.07 million
+0.28%
83 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.03M
$ 50.03 million
-0.05%
84 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
-0.03%
85 Tedra USD 2.0 USD.T $ 0.000220
$ 22.00M
$ 22.00 million
+2,782.05%
86 Precious Metals USD pmUSD $ 2.28
$ 21.86M
$ 21.86 million
-3.45%
87 Silver Token XAGX $ 78.04
$ 19.51M
$ 19.51 million
+3.43%
88 USD Universal USDU $ 1.000
$ 15.55M
$ 15.55 million
+0.00%
89 Hylo USD HYUSD $ 1.000
$ 14.57M
$ 14.57 million
-0.03%
90 eSui Dollar suiUSDe $ 1.00
$ 13.88M
$ 13.88 million
+0.17%
91 USDM USDM $ 0.998
$ 12.02M
$ 12.02 million
-0.42%
92 MAI MIMATIC $ 0.981
$ 11.94M
$ 11.94 million
+0.07%
93 Jupiter USD JupUSD $ 1.00
$ 11.70M
$ 11.70 million
+0.04%
94 USDA USDA $ 1.00
$ 10.19M
$ 10.19 million
+1.17%
95 FUSD FUSD $ 1.00
$ 9.92M
$ 9.92 million
+0.14%
96 USDz USDZ $ 0.939
$ 7.28M
$ 7.28 million
-0.14%
97 Schuman EURØP EUROP $ 1.16
$ 6.86M
$ 6.86 million
+0.30%
98 Resupply RSUP $ 0.0948
$ 6.59M
$ 6.59 million
+1.25%
99 SPUSD SPUSD $ 1.00
$ 5.87M
$ 5.87 million
+0.04%
100 Neutrino Index XTN $ 0.0771
$ 4.01M
$ 4.01 million
-3.91%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
PAX Gold PAXG $ 4,561.30
$ 2.15B
$ 2.15 billion
+0.98%
World Liberty Financial USD USD1 $ 1.00
$ 4.57B
$ 4.57 billion
+0.26%
EURC EURC $ 1.16
$ 440.36M
$ 440.36 million
+0.24%
EURITE EURI $ 1.16
$ 48.13M
$ 48.13 million
+0.18%
XSGD XSGD $ 0.784
$ 14.91M
$ 14.91 million
+0.16%
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.

Useful / Related Links