Stablecoins

275 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 Reservoir DAM $ 0.00948
$ 3.74M
$ 3.74 million
+0.34%
52 Fei Protocol FEI $ 1.000
$ 3.41M
$ 3.41 million
-3.08%
53 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
+0.24%
54 Rupiah Token IDRT $ 0.0000545
$ 2.45M
$ 2.45 million
-1.92%
55 Dopple DOP $ 0.0194
$ 1.25M
$ 1.25 million
-0.32%
56 Level USD LVLUSD $ 0.999
$ 973,784
$ 973,784
-0.00%
57 AetherUSD USDA $ 1.00
$ 18.45
$ 18.45
+0.11%
58 XAUT0 XAUT $ 4,230.70
$ 780.43T
$ 780.43 trillion
-1.66%
59 Maya Preferred MPRD $ 263,402.89
$ 52.68T
$ 52.68 trillion
+0.62%
60 USDCX USDCX $ 1.00
$ 202.47B
$ 202.47 billion
+0.02%
61 Blynex USD USDB $ 1.00
$ 100.01B
$ 100.01 billion
+0.05%
62 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
+0.04%
63 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
64 Tether USD Bridged Wormhole USDTR $ 0.997
$ 26.93B
$ 26.93 billion
+0.10%
65 Savings USDS SUSDS $ 4.73
$ 11.95B
$ 11.95 billion
+52.84%
66 Hyper USD USDHL $ 0.994
$ 8.84B
$ 8.84 billion
-0.65%
67 Royal Euro REUR $ 1.15
$ 5.77B
$ 5.77 billion
+0.05%
68 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
-0.03%
69 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
+0.00%
70 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.04%
71 USAD USAD $ 0.989
$ 1.12B
$ 1.12 billion
+4.11%
72 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.05%
73 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
74 USX USX $ 1.000
$ 501.06M
$ 501.06 million
-0.01%
75 Frax USD FRXUSD $ 4.19
$ 443.76M
$ 443.76 million
-0.46%
76 GUSD GUSD $ 1.000
$ 319.94M
$ 319.94 million
+0.21%
77 Staked USDai SUSDAI $ 1.09
$ 255.43M
$ 255.43 million
-0.07%
78 DOLA DOLA $ 5.13
$ 250.86M
$ 250.86 million
+31.44%
79 infiniFi USD iUSD $ 0.999
$ 182.64M
$ 182.64 million
+0.07%
80 Sonic USD SCUSD $ 4.17
$ 177.36M
$ 177.36 million
-0.80%
81 Electronic USD eUSD $ 4.06
$ 117.80M
$ 117.80 million
-0.08%
82 Lorenzo staked USD1+ SUSD1+ $ 1.01
$ 81.56M
$ 81.56 million
-1.11%
83 NXUSD NXUSD $ 1.02
$ 73.19M
$ 73.19 million
+1.66%
84 EUR CoinVertible EURCV $ 1.15
$ 55.57M
$ 55.57 million
+0.08%
85 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
+0.02%
86 XT Stablecoin XTUSD $ 1.00
$ 32.80M
$ 32.80 million
-0.02%
87 Precious Metals USD pmUSD $ 2.83
$ 27.09M
$ 27.09 million
+0.86%
88 JPY Coin JPYC $ 0.00705
$ 16.57M
$ 16.57 million
-3.97%
89 Silver Token XAGX $ 65.23
$ 16.31M
$ 16.31 million
-4.23%
90 USD Universal USDU $ 1.000
$ 15.55M
$ 15.55 million
+0.01%
91 Overnight DAI+ DAI+ $ 0.998
$ 15.36M
$ 15.36 million
+0.00%
92 Hylo USD HYUSD $ 1.00
$ 14.94M
$ 14.94 million
-0.00%
93 eSui Dollar suiUSDe $ 0.994
$ 13.78M
$ 13.78 million
-1.18%
94 Mai Stablecoin (BASE) MAI $ 0.999
$ 12.90M
$ 12.90 million
+0.51%
95 MAI MIMATIC $ 0.989
$ 12.03M
$ 12.03 million
+0.11%
96 USDM USDM $ 0.995
$ 11.98M
$ 11.98 million
-0.30%
97 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.02%
98 oneBTC ONEBTC $ 1.00
$ 11.30M
$ 11.30 million
+0.19%
99 USDA USDA $ 0.998
$ 10.13M
$ 10.13 million
+0.90%
100 FUSD FUSD $ 1.00
$ 9.90M
$ 9.90 million
+0.10%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00628
$ 35.05M
$ 35.05 million
+2.32%
USD Base Coin USDBC $ 1.00
$ 6.75M
$ 6.75 million
+0.36%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.09M
$ 5.09 million
+0.33%
Worldwide USD WUSD $ 0.998
$ 11.32M
$ 11.32 million
+0.21%
XSGD XSGD $ 0.777
$ 15.10M
$ 15.10 million
+0.20%
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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