Stablecoins

287 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 BOLD Stablecoin BOLD $ 0.999
$ 30.54M
$ 30.54 million
-0.04%
52 sUSD Synthetix SUSD $ 0.590
$ 29.10M
$ 29.10 million
+0.91%
53 Bucket Protocol BUCK Stablecoin BUCK $ 0.996
$ 25.87M
$ 25.87 million
+0.00%
54 Decentralized Social DESO $ 2.81
$ 24.97M
$ 24.97 million
-4.28%
55 Celo Dollar CUSD $ 1.02
$ 15.63M
$ 15.63 million
+3.14%
56 StablR Euro EURR $ 0.581
$ 6.52M
$ 6.52 million
-0.53%
57 StablR USD USDR $ 0.238
$ 5.09M
$ 5.09 million
-45.47%
58 Fei Protocol FEI $ 1.04
$ 3.55M
$ 3.55 million
-0.61%
59 Reservoir DAM $ 0.00648
$ 2.60M
$ 2.60 million
+1.03%
60 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
+0.08%
61 Dopple DOP $ 0.0192
$ 1.24M
$ 1.24 million
+1.18%
62 XAUT0 XAUT $ 4,162.50
$ 767.85T
$ 767.85 trillion
+1.28%
63 Maya Preferred MPRD $ 199,886.36
$ 39.98T
$ 39.98 trillion
+0.49%
64 USDCX USDCX $ 1.00
$ 202.53B
$ 202.53 billion
+0.02%
65 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
-0.00%
66 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
67 Savings USDS SUSDS $ 11.62
$ 34.76B
$ 34.76 billion
+2.13%
68 Lydia USAD $ 1.00
$ 3.40B
$ 3.40 billion
+0.00%
69 Frax USD FRXUSD $ 16.55
$ 1.75B
$ 1.75 billion
-1.69%
70 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.05%
71 USAD USAD $ 0.989
$ 1.19B
$ 1.19 billion
-0.40%
72 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.03%
73 DOLA DOLA $ 16.46
$ 646.13M
$ 646.13 million
-0.51%
74 USDai USDAI $ 1.000
$ 516.30M
$ 516.30 million
-0.02%
75 USX USX $ 1.000
$ 505.55M
$ 505.55 million
-0.03%
76 Electronic USD eUSD $ 16.30
$ 472.35M
$ 472.35 million
-2.23%
77 GUSD GUSD $ 0.998
$ 319.54M
$ 319.54 million
-0.12%
78 Staked USDai SUSDAI $ 1.09
$ 256.63M
$ 256.63 million
+0.01%
79 Strata Senior USDe srUSDe $ 1.02
$ 145.94M
$ 145.94 million
+0.00%
80 Precious Metals USD pmUSD $ 11.95
$ 114.34M
$ 114.34 million
-3.06%
81 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.81M
$ 82.81 million
+0.30%
82 NXUSD NXUSD $ 0.987
$ 70.91M
$ 70.91 million
-2.17%
83 EUR CoinVertible EURCV $ 1.14
$ 55.08M
$ 55.08 million
+0.06%
84 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
-0.01%
85 Jupiter USD JupUSD $ 1.00
$ 43.57M
$ 43.57 million
+0.03%
86 Sonic USD SCUSD $ 1.00
$ 42.55M
$ 42.55 million
+0.01%
87 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
+0.01%
88 JPYC JPYC $ 0.00767
$ 18.89M
$ 18.89 million
+1.31%
89 JPY Coin JPYC $ 0.00777
$ 18.25M
$ 18.25 million
+8.73%
90 Silver Token XAGX $ 62.31
$ 15.58M
$ 15.58 million
+2.14%
91 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.01%
92 eSui Dollar suiUSDe $ 0.994
$ 13.38M
$ 13.38 million
-1.00%
93 Mai Stablecoin (BASE) MAI $ 0.998
$ 12.88M
$ 12.88 million
+0.13%
94 MAI MIMATIC $ 0.993
$ 12.01M
$ 12.01 million
+0.11%
95 USDM USDM $ 0.992
$ 11.94M
$ 11.94 million
-0.47%
96 oneBTC ONEBTC $ 1.00
$ 11.31M
$ 11.31 million
+0.28%
97 Hylo USD HYUSD $ 1.00
$ 10.87M
$ 10.87 million
+0.01%
98 USDA USDA $ 1.01
$ 10.27M
$ 10.27 million
+1.06%
99 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.01%
100 USDz USDZ $ 0.977
$ 7.58M
$ 7.58 million
+0.12%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00580
$ 32.33M
$ 32.33 million
+3.26%
PAX Gold PAXG $ 4,170.73
$ 1.89B
$ 1.89 billion
+1.24%
Quantoz EURQ EURQ $ 1.14
$ 15.53M
$ 15.53 million
+1.09%
FUSD FUSD $ 1.00
$ 10.71M
$ 10.71 million
+0.27%
Legacy Frax Dollar FRAX $ 0.992
$ 237.63M
$ 237.63 million
+0.17%
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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