Stablecoins

309 coins #12 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 sUSD Synthetix SUSD $ 0.618
$ 30.49M
$ 30.49 million
+0.00%
52 BOLD Stablecoin BOLD $ 1.00
$ 29.83M
$ 29.83 million
+0.02%
53 Liquity USD LUSD $ 0.999
$ 27.70M
$ 27.70 million
-0.44%
54 Bucket Protocol BUCK Stablecoin BUCK $ 0.998
$ 25.91M
$ 25.91 million
-0.06%
55 agEUR AGEUR $ 1.14
$ 23.91M
$ 23.91 million
-0.07%
56 Savings crvUSD SCRVUSD $ 1.09
$ 19.05M
$ 19.05 million
-1.56%
57 OpenEden Compounding OpenDollar CUSDO $ 1.05
$ 16.60M
$ 16.60 million
-0.19%
58 Celo Dollar CUSD $ 0.973
$ 13.36M
$ 13.36 million
-0.13%
59 Decentralized Social DESO $ 1.37
$ 12.20M
$ 12.20 million
+1.48%
60 StablR Euro EURR $ 0.521
$ 8.93M
$ 8.93 million
+73.58%
61 Origin Dollar OUSD $ 1.00
$ 7.45M
$ 7.45 million
+0.07%
62 StablR USD USDR $ 0.294
$ 6.27M
$ 6.27 million
-0.94%
63 Ampleforth AMPL $ 1.33
$ 4.09M
$ 4.09 million
+5.10%
64 Fei Protocol FEI $ 1.00
$ 3.60M
$ 3.60 million
+0.01%
65 Bitshares BTS $ 0.00108
$ 3.25M
$ 3.25 million
+1.57%
66 Single Collateral Dai SAI $ 0.999
$ 2.66M
$ 2.66 million
-0.01%
67 Euro Tether EURT $ 0.0586
$ 2.34M
$ 2.34 million
+0.41%
68 Reservoir DAM $ 0.00364
$ 1.47M
$ 1.47 million
+8.84%
69 USDK USDK $ 0.985
$ 481,312
$ 481,312
-0.84%
70 Tether CNH CNHT $ 0.0101
$ 252,500
$ 252,500
+0.00%
71 Basis Cash BAC $ 0.00267
$ 145,934
$ 145,934
+1.94%
72 XAUT0 XAUT $ 4,058.30
$ 748.62T
$ 748.62 trillion
+1.43%
73 Maya Preferred MPRD $ 445,737.68
$ 89.15T
$ 89.15 trillion
-25.71%
74 USDCX USDCX $ 1.00
$ 202.49B
$ 202.49 billion
-0.06%
75 ZEDXION USDZ $ 0.998
$ 86.82B
$ 86.82 billion
+0.12%
76 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.00%
77 Blynex USD USDB $ 0.143
$ 14.34B
$ 14.34 billion
+133.60%
78 Savings USDS SUSDS $ 1.08
$ 3.89B
$ 3.89 billion
-1.56%
79 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.01%
80 RUBX RUBx $ 0.0128
$ 1.28B
$ 1.28 billion
+0.09%
81 USAD USAD $ 1.01
$ 1.22B
$ 1.22 billion
-3.52%
82 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.00%
83 USX USX $ 0.998
$ 521.76M
$ 521.76 million
+0.08%
84 GUSD GUSD $ 1.000
$ 319.83M
$ 319.83 million
+0.02%
85 USDai USDAI $ 1.00
$ 200.77M
$ 200.77 million
-0.00%
86 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 147.53M
$ 147.53 million
-0.18%
87 EUR CoinVertible EURCV $ 1.14
$ 115.09M
$ 115.09 million
-0.04%
88 Frax USD FRXUSD $ 0.997
$ 104.35M
$ 104.35 million
-0.31%
89 NXUSD NXUSD $ 1.00
$ 72.02M
$ 72.02 million
+0.95%
90 infiniFi USD iUSD $ 0.999
$ 61.32M
$ 61.32 million
-0.03%
91 Jupiter USD JupUSD $ 1.00
$ 53.09M
$ 53.09 million
+0.00%
92 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
-0.00%
93 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
-0.01%
94 DOLA DOLA $ 0.997
$ 42.09M
$ 42.09 million
-0.03%
95 Electronic USD eUSD $ 0.999
$ 23.22M
$ 23.22 million
-0.12%
96 AllUnity EUR EURAU $ 1.14
$ 18.40M
$ 18.40 million
-0.15%
97 JPY Coin JPYC $ 0.00738
$ 17.35M
$ 17.35 million
-3.46%
98 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
-0.00%
99 Silver Token XAGX $ 58.81
$ 14.70M
$ 14.70 million
+3.40%
100 MetaMask USD MUSD $ 1.08
$ 14.50M
$ 14.50 million
-68.86%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
PAX Gold PAXG $ 4,059.20
$ 1.82B
$ 1.82 billion
+1.33%
TerraClassicUSD USTC $ 0.00538
$ 30.02M
$ 30.02 million
+1.20%
Curve.Fi USD Stablecoin CRVUSD $ 0.991
$ 208.54M
$ 208.54 million
+0.50%
USD Base Coin USDBC $ 1.01
$ 5.93M
$ 5.93 million
+0.28%
TrueUSD TUSD $ 0.997
$ 493.11M
$ 493.11 million
+0.19%
All Gainers

Market Cap

$ -- --%
Pro Chart

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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