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

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# Coins Price Market cap 24h

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

51 XAUT0 XAUT $ 4,619.10
$ 852.07T
$ 852.07 trillion
+1.34%
52 Maya Preferred MPRD $ 174,658.20
$ 34.93T
$ 34.93 trillion
+0.23%
53 USDCX USDCX $ 1.00
$ 202.47B
$ 202.47 billion
+0.00%
54 Blynex USD USDB $ 1.26
$ 126.19B
$ 126.19 billion
+26.40%
55 Tedra USD 2.0 USD.T $ 1.00
$ 100.00B
$ 100.00 billion
-0.00%
56 ZEDXION USDZ $ 0.800
$ 69.61B
$ 69.61 billion
-25.33%
57 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
58 Tether USD Bridged Wormhole USDTR $ 1.28
$ 34.66B
$ 34.66 billion
+27.95%
59 Royal Euro REUR $ 1.17
$ 5.87B
$ 5.87 billion
+0.47%
60 Savings USDS SUSDS $ 1.97
$ 4.70B
$ 4.70 billion
+4.15%
61 Dephaser JPY JPYT $ 160.98
$ 2.20B
$ 2.20 billion
+2.59M%
62 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
-0.01%
63 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
64 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
-0.00%
65 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.02%
66 USAD USAD $ 0.928
$ 976.85M
$ 976.85 million
-7.29%
67 GUSD GUSD $ 1.00
$ 319.95M
$ 319.95 million
-0.08%
68 Staked USDai SUSDAI $ 1.08
$ 253.81M
$ 253.81 million
+0.05%
69 Frax USD FRXUSD $ 2.00
$ 211.80M
$ 211.80 million
-0.01%
70 infiniFi USD iUSD $ 1.000
$ 182.71M
$ 182.71 million
+0.06%
71 Strata Senior USDe srUSDe $ 1.02
$ 146.32M
$ 146.32 million
+0.53%
72 DOLA DOLA $ 1.81
$ 118.73M
$ 118.73 million
+4.66%
73 MNEE USD Stablecoin MNEE $ 1.000
$ 101.79M
$ 101.79 million
+0.10%
74 Sonic USD SCUSD $ 1.97
$ 83.64M
$ 83.64 million
-0.20%
75 Fidelity Digital Dollar FIDD $ 1.000
$ 59.57M
$ 59.57 million
-0.04%
76 Electronic USD eUSD $ 1.96
$ 56.86M
$ 56.86 million
-1.33%
77 EUR CoinVertible EURCV $ 1.17
$ 56.51M
$ 56.51 million
+0.52%
78 USDsui USDsui $ 1.00
$ 56.22M
$ 56.22 million
+0.35%
79 USD Neutrino USDN $ 0.0788
$ 50.23M
$ 50.23 million
+0.61%
80 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.01M
$ 50.01 million
+0.02%
81 XT Stablecoin XTUSD $ 1.00
$ 32.80M
$ 32.80 million
+0.02%
82 Precious Metals USD pmUSD $ 1.96
$ 18.79M
$ 18.79 million
+3.34%
83 Silver Token XAGX $ 73.69
$ 18.42M
$ 18.42 million
+3.36%
84 JPYC JPYC $ 0.00730
$ 17.99M
$ 17.99 million
+0.45%
85 JPY Coin JPYC $ 0.00742
$ 17.44M
$ 17.44 million
+0.58%
86 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
+0.02%
87 Hylo USD HYUSD $ 1.000
$ 14.56M
$ 14.56 million
-0.03%
88 eSui Dollar suiUSDe $ 1.00
$ 13.87M
$ 13.87 million
-0.32%
89 MAI MIMATIC $ 0.989
$ 12.17M
$ 12.17 million
-0.05%
90 USDM USDM $ 1.00
$ 12.07M
$ 12.07 million
-0.16%
91 Jupiter USD JupUSD $ 1.00
$ 11.70M
$ 11.70 million
+0.02%
92 USDA USDA $ 1.00
$ 10.18M
$ 10.18 million
+0.32%
93 FUSD FUSD $ 1.00
$ 9.60M
$ 9.60 million
-0.01%
94 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
95 USDz USDZ $ 0.983
$ 7.62M
$ 7.62 million
-0.01%
96 Schuman EURØP EUROP $ 1.17
$ 6.91M
$ 6.91 million
+0.43%
97 GYEN GYEN $ 0.00685
$ 6.61M
$ 6.61 million
+0.54%
98 SPUSD SPUSD $ 1.07
$ 6.26M
$ 6.26 million
+6.59%
99 Resupply RSUP $ 0.0860
$ 5.98M
$ 5.98 million
-4.38%
100 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.08M
$ 5.08 million
+0.01%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.26
$ 11.36B
$ 11.36 billion
+26.59%
TerraClassicUSD USTC $ 0.00683
$ 37.92M
$ 37.92 million
+12.89%
Binance USD BUSD $ 1.06
$ 58.96M
$ 58.96 million
+5.84%
Liquity USD LUSD $ 1.00
$ 35.56M
$ 35.56 million
+2.07%
PAX Gold PAXG $ 4,612.17
$ 2.21B
$ 2.21 billion
+1.51%
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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