Stablecoins

255 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 Price Market cap 24h

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

51 Vai VAI $ 1.000
$ 2.56M
$ 2.56 million
+0.05%
52 Dopple DOP $ 0.0204
$ 1.32M
$ 1.32 million
-1.31%
53 Level USD LVLUSD $ 0.999
$ 972,464
$ 972,464
+0.00%
54 deUSD DEUSD $ 0.00120
$ 147,517
$ 147,517
-63.57%
55 XAUT0 XAUT $ 4,687.40
$ 864.67T
$ 864.67 trillion
-0.83%
56 Maya Preferred MPRD $ 186,325.14
$ 37.27T
$ 37.27 trillion
-1.24%
57 AetherUSD USDA $ 0.0₇879
$ 8.79T
$ 8.79 trillion
+0.00%
58 USDCX USDCX $ 1.000
$ 202.31B
$ 202.31 billion
-0.01%
59 Tedra USD 2.0 USD.T $ 1.00
$ 100.01B
$ 100.01 billion
-0.01%
60 ZEDXION USDZ $ 1.01
$ 87.91B
$ 87.91 billion
-0.55%
61 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
62 Hyper USD USDHL $ 1.00
$ 8.89B
$ 8.89 billion
+0.00%
63 Savings USDS SUSDS $ 2.52
$ 5.52B
$ 5.52 billion
-4.01%
64 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.00%
65 DXBDT DXBDT $ 1.000
$ 999.94M
$ 999.94 million
-0.00%
66 Royal Dollar RUSD $ 1.000
$ 999.60M
$ 999.60 million
-0.01%
67 USAD USAD $ 1.000
$ 994.50M
$ 994.50 million
-0.05%
68 USDai USDAI $ 0.998
$ 515.12M
$ 515.12 million
-0.23%
69 USX USX $ 1.02
$ 323.13M
$ 323.13 million
+2.25%
70 GUSD GUSD $ 1.00
$ 320.27M
$ 320.27 million
+0.05%
71 Frax USD FRXUSD $ 2.71
$ 286.87M
$ 286.87 million
+6.00%
72 Staked USDai SUSDAI $ 1.08
$ 252.87M
$ 252.87 million
+0.02%
73 infiniFi USD iUSD $ 1.000
$ 182.71M
$ 182.71 million
-0.02%
74 DOLA DOLA $ 2.49
$ 166.46M
$ 166.46 million
-1.75%
75 Strata Senior USDe srUSDe $ 1.01
$ 145.34M
$ 145.34 million
-0.00%
76 Sonic USD SCUSD $ 2.71
$ 115.22M
$ 115.22 million
+4.37%
77 MNEE USD Stablecoin MNEE $ 1.00
$ 101.79M
$ 101.79 million
+0.01%
78 EUR CoinVertible EURCV $ 1.17
$ 56.31M
$ 56.31 million
-0.22%
79 OSL Group’s U.S. dollar USDGO $ 1.000
$ 49.99M
$ 49.99 million
+0.01%
80 USD Neutrino USDN $ 0.0702
$ 44.80M
$ 44.80 million
-5.47%
81 Hylo USD HYUSD $ 1.00
$ 33.38M
$ 33.38 million
-0.02%
82 XT Stablecoin XTUSD $ 1.00
$ 32.79M
$ 32.79 million
-0.01%
83 Electronic USD eUSD $ 1.000
$ 28.97M
$ 28.97 million
+0.40%
84 Silver Token XAGX $ 75.85
$ 18.98M
$ 18.98 million
-0.13%
85 JPYC JPYC $ 0.00704
$ 17.34M
$ 17.34 million
-0.92%
86 JPY Coin JPYC $ 0.00732
$ 17.20M
$ 17.20 million
+3.49%
87 eSui Dollar suiUSDe $ 1.01
$ 12.41M
$ 12.41 million
-0.66%
88 MAI MIMATIC $ 0.997
$ 12.26M
$ 12.26 million
-0.09%
89 USDM USDM $ 1.00
$ 12.08M
$ 12.08 million
-0.12%
90 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.00%
91 USDA USDA $ 0.997
$ 10.13M
$ 10.13 million
-0.31%
92 FUSD FUSD $ 1.00
$ 9.51M
$ 9.51 million
+0.03%
93 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
94 USDz USDZ $ 0.994
$ 7.71M
$ 7.71 million
-0.03%
95 Resupply RSUP $ 0.108
$ 7.52M
$ 7.52 million
-5.27%
96 Celo Euro CEUR $ 1.17
$ 7.10M
$ 7.10 million
+0.00%
97 Schuman EURØP EUROP $ 1.17
$ 6.89M
$ 6.89 million
-0.11%
98 SPUSD SPUSD $ 1.00
$ 5.87M
$ 5.87 million
+0.27%
99 Kyrgyz Som Stablecoin KGST $ 0.0115
$ 5.11M
$ 5.11 million
-0.23%
100 Meta USD MUSD $ 1.00
$ 3.82M
$ 3.82 million
-0.19%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
Resolv RESOLV $ 0.0392
$ 14.77M
$ 14.77 million
+1.84%
Reservoir DAM $ 0.0621
$ 21.16M
$ 21.16 million
+0.41%
Gemini dollar GUSD $ 1.000
$ 35.69M
$ 35.69 million
+0.07%
Pax Dollar USDP $ 1.00
$ 45.55M
$ 45.55 million
+0.05%
Mezo USD MUSD $ 1.00
$ 50.10M
$ 50.10 million
+0.05%
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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