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 StablR Euro EURR $ 1.16
$ 12.98M
$ 12.98 million
-0.01%
52 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
+0.50%
53 Rupiah Token IDRT $ 0.0000552
$ 2.48M
$ 2.48 million
-8.43%
54 Euro Tether EURT $ 0.0467
$ 1.87M
$ 1.87 million
-0.74%
55 Dopple DOP $ 0.0214
$ 1.38M
$ 1.38 million
+0.47%
56 XAUT0 XAUT $ 4,505.70
$ 831.15T
$ 831.15 trillion
-0.32%
57 Maya Preferred MPRD $ 148,177.64
$ 29.64T
$ 29.64 trillion
-7.14%
58 USDCX USDCX $ 1.00
$ 202.51B
$ 202.51 billion
-0.05%
59 Blynex USD USDB $ 1.00
$ 100.02B
$ 100.02 billion
+0.01%
60 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
-0.00%
61 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
62 Tether USD Bridged Wormhole USDTR $ 0.997
$ 26.92B
$ 26.92 billion
-0.03%
63 Savings USDS SUSDS $ 2.99
$ 7.28B
$ 7.28 billion
+0.21%
64 Royal Euro REUR $ 1.17
$ 5.83B
$ 5.83 billion
-0.07%
65 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.03%
66 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
-0.00%
67 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.01%
68 USAD USAD $ 0.945
$ 1.07B
$ 1.07 billion
-1.87%
69 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
-0.02%
70 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.01%
71 USDai USDAI $ 1.00
$ 516.34M
$ 516.34 million
-0.03%
72 GUSD GUSD $ 0.999
$ 319.58M
$ 319.58 million
-0.03%
73 Frax USD FRXUSD $ 2.71
$ 286.80M
$ 286.80 million
-0.80%
74 Staked USDai SUSDAI $ 1.09
$ 254.98M
$ 254.98 million
-0.00%
75 DOLA DOLA $ 2.70
$ 168.99M
$ 168.99 million
+0.23%
76 Strata Senior USDe srUSDe $ 1.03
$ 147.46M
$ 147.46 million
+0.01%
77 Sonic USD SCUSD $ 2.71
$ 115.30M
$ 115.30 million
-0.66%
78 Electronic USD eUSD $ 2.73
$ 79.04M
$ 79.04 million
-1.60%
79 NXUSD NXUSD $ 0.999
$ 71.73M
$ 71.73 million
-1.37%
80 EUR CoinVertible EURCV $ 1.17
$ 56.11M
$ 56.11 million
-0.00%
81 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
-0.02%
82 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
-0.02%
83 Precious Metals USD pmUSD $ 2.13
$ 20.35M
$ 20.35 million
-1.44%
84 Silver Token XAGX $ 75.89
$ 18.97M
$ 18.97 million
+0.70%
85 AllUnity EUR EURAU $ 1.17
$ 18.79M
$ 18.79 million
+0.04%
86 JPYC JPYC $ 0.00720
$ 17.73M
$ 17.73 million
+1.62%
87 JPY Coin JPYC $ 0.00744
$ 17.48M
$ 17.48 million
+4.23%
88 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.00%
89 Hylo USD HYUSD $ 1.000
$ 14.91M
$ 14.91 million
+0.00%
90 eSui Dollar suiUSDe $ 0.994
$ 13.78M
$ 13.78 million
-0.12%
91 USDM USDM $ 0.994
$ 11.96M
$ 11.96 million
-1.31%
92 MAI MIMATIC $ 0.976
$ 11.88M
$ 11.88 million
+0.37%
93 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.02%
94 USDA USDA $ 1.00
$ 10.19M
$ 10.19 million
+0.56%
95 FUSD FUSD $ 1.00
$ 9.92M
$ 9.92 million
+0.20%
96 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
97 USDz USDZ $ 0.977
$ 7.58M
$ 7.58 million
-0.16%
98 Mento Euro CEUR $ 1.16
$ 7.04M
$ 7.04 million
-0.03%
99 Schuman EURØP EUROP $ 1.16
$ 6.85M
$ 6.85 million
+0.14%
100 GYEN GYEN $ 0.00632
$ 6.09M
$ 6.09 million
-0.00%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00679
$ 37.86M
$ 37.86 million
+2.94%
Quantoz USDQ USDQ $ 0.989
$ 5.75M
$ 5.75 million
+0.23%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.08M
$ 5.08 million
+0.23%
USDS USDS $ 1.00
$ 11.05B
$ 11.05 billion
+0.19%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.00B
$ 9.00 billion
+0.17%
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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