Stablecoins

274 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 $ 0.787
$ 8.84M
$ 8.84 million
-23.42%
52 Fei Protocol FEI $ 0.987
$ 3.37M
$ 3.37 million
-10.93%
53 Vai VAI $ 0.999
$ 2.56M
$ 2.56 million
+0.54%
54 Dopple DOP $ 0.0193
$ 1.24M
$ 1.24 million
-0.76%
55 Level USD LVLUSD $ 0.999
$ 973,807
$ 973,807
-0.00%
56 AetherUSD USDA $ 0.920
$ 18.45
$ 18.45
+0.00%
57 XAUT0 XAUT $ 4,276.30
$ 788.84T
$ 788.84 trillion
-0.57%
58 Maya Preferred MPRD $ 262,847.51
$ 52.57T
$ 52.57 trillion
+76.77%
59 USDCX USDCX $ 1.00
$ 202.45B
$ 202.45 billion
+0.00%
60 Blynex USD USDB $ 1.00
$ 100.01B
$ 100.01 billion
+0.02%
61 ZEDXION USDZ $ 0.997
$ 86.73B
$ 86.73 billion
+10.07%
62 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
63 Tether USD Bridged Wormhole USDTR $ 0.996
$ 26.90B
$ 26.90 billion
-0.34%
64 Hyper USD USDHL $ 1.00
$ 8.90B
$ 8.90 billion
+0.27%
65 Savings USDS SUSDS $ 3.16
$ 7.92B
$ 7.92 billion
+5.79%
66 Royal Euro REUR $ 1.15
$ 5.76B
$ 5.76 billion
+0.30%
67 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.01%
68 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
-0.00%
69 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.01%
70 USAD USAD $ 0.967
$ 1.09B
$ 1.09 billion
-0.10%
71 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.00%
72 Royal Dollar RUSD $ 1.000
$ 999.82M
$ 999.82 million
+0.01%
73 USDai USDAI $ 1.000
$ 516.08M
$ 516.08 million
-0.21%
74 Frax USD FRXUSD $ 4.13
$ 437.51M
$ 437.51 million
+47.43%
75 GUSD GUSD $ 0.999
$ 319.78M
$ 319.78 million
-0.04%
76 Staked USDai SUSDAI $ 1.09
$ 255.42M
$ 255.42 million
+0.01%
77 DOLA DOLA $ 3.87
$ 241.46M
$ 241.46 million
+4.92%
78 infiniFi USD iUSD $ 0.999
$ 182.60M
$ 182.60 million
+0.01%
79 Sonic USD SCUSD $ 4.14
$ 176.10M
$ 176.10 million
+47.75%
80 Strata Senior USDe srUSDe $ 1.02
$ 146.67M
$ 146.67 million
-0.00%
81 Electronic USD eUSD $ 3.70
$ 107.27M
$ 107.27 million
+36.45%
82 ID DIGITAL RUPIAH IDDR $ 0.0000600
$ 81.78M
$ 81.78 million
-65.35%
83 NXUSD NXUSD $ 1.02
$ 73.28M
$ 73.28 million
+2.03%
84 EUR CoinVertible EURCV $ 1.15
$ 55.48M
$ 55.48 million
+0.25%
85 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
+0.05%
86 Web 3 Dollar USD3 $ 3.69
$ 42.09M
$ 42.09 million
+15.70%
87 XT Stablecoin XTUSD $ 1.000
$ 32.80M
$ 32.80 million
+0.01%
88 Precious Metals USD pmUSD $ 2.63
$ 25.19M
$ 25.19 million
+38.59%
89 Silver Token XAGX $ 67.01
$ 16.74M
$ 16.74 million
-1.18%
90 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.02%
91 Hylo USD HYUSD $ 1.00
$ 14.94M
$ 14.94 million
-0.09%
92 eSui Dollar suiUSDe $ 1.01
$ 13.98M
$ 13.98 million
+0.77%
93 Mai Stablecoin (BASE) MAI $ 0.993
$ 12.82M
$ 12.82 million
-0.16%
94 MAI MIMATIC $ 0.989
$ 12.03M
$ 12.03 million
+0.08%
95 USDM USDM $ 0.992
$ 11.94M
$ 11.94 million
-1.11%
96 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.01%
97 oneBTC ONEBTC $ 0.975
$ 11.00M
$ 11.00 million
-1.86%
98 USDA USDA $ 1.00
$ 10.17M
$ 10.17 million
+0.31%
99 FUSD FUSD $ 1.00
$ 9.92M
$ 9.92 million
+0.08%
100 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Liquity USD LUSD $ 1.02
$ 36.16M
$ 36.16 million
+1.89%
Resolv RESOLV $ 0.0177
$ 6.91M
$ 6.91 million
+0.63%
Binance USD BUSD $ 1.00
$ 56.00M
$ 56.00 million
+0.59%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.01B
$ 9.01 billion
+0.57%
Quantoz USDQ USDQ $ 0.995
$ 49.52M
$ 49.52 million
+0.47%
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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