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

# Coins Price Market cap 24h

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

51 Dopple DOP $ 0.0208
$ 1.34M
$ 1.34 million
+0.15%
52 AetherUSD USDA $ 1.00
$ 18.45
$ 18.45
-0.31%
53 XAUT0 XAUT $ 4,557.90
$ 840.78T
$ 840.78 trillion
-0.70%
54 Maya Preferred MPRD $ 173,832.40
$ 34.77T
$ 34.77 trillion
-0.40%
55 USDCX USDCX $ 1.00
$ 202.39B
$ 202.39 billion
-0.01%
56 Tedra USD 2.0 USD.T $ 1.00
$ 100.12B
$ 100.12 billion
+0.12%
57 Blynex USD USDB $ 1.000
$ 100.00B
$ 100.00 billion
+0.66%
58 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
59 Savings USDS SUSDS $ 1.88
$ 4.50B
$ 4.50 billion
-0.82%
60 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.01%
61 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.02%
62 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
-0.00%
63 USAD USAD $ 0.998
$ 1.05B
$ 1.05 billion
+2.89%
64 Royal Dollar RUSD $ 1.000
$ 1,000.00M
$ 1,000.00 million
-0.03%
65 USDai USDAI $ 1.000
$ 516.23M
$ 516.23 million
-0.04%
66 GUSD GUSD $ 0.998
$ 319.36M
$ 319.36 million
-0.23%
67 Staked USDai SUSDAI $ 1.08
$ 253.68M
$ 253.68 million
+0.09%
68 Frax USD FRXUSD $ 1.97
$ 209.01M
$ 209.01 million
-0.21%
69 infiniFi USD iUSD $ 0.999
$ 182.60M
$ 182.60 million
-0.06%
70 Noble Dollar USDN $ 0.999
$ 114.82M
$ 114.82 million
+0.21%
71 DOLA DOLA $ 1.73
$ 113.21M
$ 113.21 million
+0.18%
72 MNEE USD Stablecoin MNEE $ 1.00
$ 101.82M
$ 101.82 million
+0.03%
73 Sonic USD SCUSD $ 1.97
$ 83.84M
$ 83.84 million
-0.02%
74 Fidelity Digital Dollar FIDD $ 1.000
$ 59.59M
$ 59.59 million
-0.02%
75 Electronic USD eUSD $ 1.99
$ 57.72M
$ 57.72 million
-0.57%
76 EUR CoinVertible EURCV $ 1.17
$ 56.21M
$ 56.21 million
-0.33%
77 OSL Group’s U.S. dollar USDGO $ 1.000
$ 50.00M
$ 50.00 million
+0.01%
78 USD Neutrino USDN $ 0.0782
$ 49.89M
$ 49.89 million
-4.49%
79 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
+0.02%
80 JPYC JPYC $ 0.00727
$ 17.91M
$ 17.91 million
+0.38%
81 Precious Metals USD pmUSD $ 1.87
$ 17.89M
$ 17.89 million
+93.85%
82 Silver Token XAGX $ 71.26
$ 17.82M
$ 17.82 million
-2.55%
83 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.06%
84 Hylo USD HYUSD $ 1.000
$ 14.57M
$ 14.57 million
-0.03%
85 eSui Dollar suiUSDe $ 1.00
$ 12.39M
$ 12.39 million
+0.36%
86 MAI MIMATIC $ 0.989
$ 12.16M
$ 12.16 million
-0.07%
87 USDM USDM $ 1.01
$ 12.13M
$ 12.13 million
+0.28%
88 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.04%
89 oneBTC ONEBTC $ 0.987
$ 11.14M
$ 11.14 million
-0.15%
90 USDA USDA $ 0.997
$ 10.12M
$ 10.12 million
-0.98%
91 FUSD FUSD $ 1.00
$ 9.60M
$ 9.60 million
-0.03%
92 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
93 USDz USDZ $ 0.984
$ 7.63M
$ 7.63 million
+0.09%
94 Celo Euro CEUR $ 1.17
$ 7.10M
$ 7.10 million
-0.07%
95 Schuman EURØP EUROP $ 1.17
$ 6.88M
$ 6.88 million
-0.40%
96 GYEN GYEN $ 0.00681
$ 6.56M
$ 6.56 million
+34.95%
97 Resupply RSUP $ 0.0898
$ 6.24M
$ 6.24 million
-3.70%
98 SPUSD SPUSD $ 1.00
$ 5.87M
$ 5.87 million
-0.03%
99 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.07M
$ 5.07 million
-0.34%
100 Wrapped FRAX WFRAX $ 0.466
$ 4.16M
$ 4.16 million
+0.17%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
USDS USDS $ 1.01
$ 10.61B
$ 10.61 billion
+0.56%
TerraClassicUSD USTC $ 0.00594
$ 33.13M
$ 33.13 million
+0.24%
Dai DAI $ 1.00
$ 5.14B
$ 5.14 billion
+0.14%
First Digital USD FDUSD $ 0.999
$ 415.08M
$ 415.08 million
+0.09%
Ripple USD RLUSD $ 1.00
$ 1.49B
$ 1.49 billion
+0.09%
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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