Stablecoins

298 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 Celo Dollar CUSD $ 0.942
$ 12.96M
$ 12.96 million
-5.68%
52 Decentralized Social DESO $ 1.43
$ 12.70M
$ 12.70 million
-0.49%
53 StablR Euro EURR $ 0.646
$ 11.08M
$ 11.08 million
+115.41%
54 Origin Dollar OUSD $ 1.000
$ 7.44M
$ 7.44 million
+0.04%
55 StablR USD USDR $ 0.291
$ 6.22M
$ 6.22 million
-9.14%
56 Fei Protocol FEI $ 1.000
$ 3.58M
$ 3.58 million
+13.86%
57 Rupiah Token IDRT $ 0.0000573
$ 2.57M
$ 2.57 million
+1.89%
58 Reservoir DAM $ 0.00351
$ 1.41M
$ 1.41 million
-9.14%
59 Basis Cash BAC $ 0.00272
$ 148,499
$ 148,499
+2.68%
60 XAUT0 XAUT $ 4,006.30
$ 739.03T
$ 739.03 trillion
+0.20%
61 USDCX USDCX $ 1.00
$ 202.47B
$ 202.47 billion
-0.02%
62 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
+0.01%
63 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
64 Savings USDS SUSDS $ 1.10
$ 2.39B
$ 2.39 billion
-2.12%
65 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
66 RUBX RUBx $ 0.0128
$ 1.28B
$ 1.28 billion
-0.22%
67 USAD USAD $ 0.992
$ 1.20B
$ 1.20 billion
-2.07%
68 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.00%
69 USX USX $ 1.00
$ 505.65M
$ 505.65 million
+0.00%
70 GUSD GUSD $ 0.999
$ 319.70M
$ 319.70 million
-0.09%
71 Tether Fund USD.F $ 0.00120
$ 119.62M
$ 119.62 million
+14.91%
72 Noble Dollar USDN $ 0.986
$ 113.32M
$ 113.32 million
-0.82%
73 Frax USD FRXUSD $ 1.00
$ 100.07M
$ 100.07 million
-2.15%
74 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.81M
$ 82.81 million
-0.05%
75 NXUSD NXUSD $ 1.01
$ 72.23M
$ 72.23 million
+0.67%
76 infiniFi USD iUSD $ 1.000
$ 65.34M
$ 65.34 million
-0.05%
77 EUR CoinVertible EURCV $ 1.14
$ 55.06M
$ 55.06 million
-0.07%
78 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.03M
$ 50.03 million
-0.02%
79 EUUS EUUS $ 0.00900
$ 45.00M
$ 45.00 million
+0.00%
80 Jupiter USD JupUSD $ 1.00
$ 43.58M
$ 43.58 million
+0.00%
81 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
-0.01%
82 DOLA DOLA $ 0.988
$ 41.69M
$ 41.69 million
-1.63%
83 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
-0.01%
84 Electronic USD eUSD $ 1.000
$ 28.98M
$ 28.98 million
-24.61%
85 JPYC JPYC $ 0.00804
$ 19.79M
$ 19.79 million
+4.77%
86 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
-0.00%
87 Overnight DAI+ DAI+ $ 0.919
$ 14.15M
$ 14.15 million
-3.37%
88 Silver Token XAGX $ 55.90
$ 13.97M
$ 13.97 million
+0.65%
89 eSui Dollar suiUSDe $ 1.00
$ 13.47M
$ 13.47 million
+0.07%
90 Mai Stablecoin (BASE) MAI $ 0.997
$ 12.87M
$ 12.87 million
+0.03%
91 MAI MIMATIC $ 0.996
$ 11.95M
$ 11.95 million
+0.00%
92 USDM USDM $ 0.991
$ 11.93M
$ 11.93 million
-1.81%
93 Hylo USD HYUSD $ 1.00
$ 10.87M
$ 10.87 million
+0.05%
94 USDA USDA $ 1.02
$ 10.35M
$ 10.35 million
-0.85%
95 USDz USDZ $ 0.979
$ 7.59M
$ 7.59 million
+0.08%
96 Precious Metals USD pmUSD $ 0.710
$ 6.79M
$ 6.79 million
-2.26%
97 Schuman EURØP EUROP $ 1.14
$ 6.75M
$ 6.75 million
+0.07%
98 Mento Euro CEUR $ 1.10
$ 6.68M
$ 6.68 million
-3.05%
99 MetaMask USD MUSD $ 0.359
$ 6.15M
$ 6.15 million
-77.95%
100 GYEN GYEN $ 0.00615
$ 5.93M
$ 5.93 million
+0.00%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00546
$ 30.45M
$ 30.45 million
+1.02%
Legacy Frax Dollar FRAX $ 1.00
$ 240.65M
$ 240.65 million
+0.91%
Binance USD BUSD $ 1.00
$ 39.41M
$ 39.41 million
+0.86%
PAX Gold PAXG $ 4,013.38
$ 1.80B
$ 1.80 billion
+0.49%
Quantoz USDQ USDQ $ 0.984
$ 5.72M
$ 5.72 million
+0.21%
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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