Stablecoins

314 coins #12 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 Live Price Market cap 24h

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

51 Liquity USD LUSD $ 1.01
$ 27.18M
$ 27.18 million
+0.50%
52 agEUR AGEUR $ 1.17
$ 24.53M
$ 24.53 million
+0.56%
53 sUSD Synthetix SUSD $ 0.471
$ 23.21M
$ 23.21 million
-8.69%
54 Celo Dollar CUSD $ 1.000
$ 14.26M
$ 14.26 million
+0.00%
55 Decentralized Social DESO $ 1.17
$ 10.43M
$ 10.43 million
+1.12%
56 StablR Euro EURR $ 0.565
$ 9.69M
$ 9.69 million
-2.51%
57 StablR USD USDR $ 0.447
$ 9.53M
$ 9.53 million
-15.72%
58 BiLira TRYB $ 0.0216
$ 6.76M
$ 6.76 million
+2.43%
59 Ampleforth AMPL $ 1.49
$ 4.51M
$ 4.51 million
+7.62%
60 Fei Protocol FEI $ 0.945
$ 3.43M
$ 3.43 million
-1.88%
61 Single Collateral Dai SAI $ 1.00
$ 2.66M
$ 2.66 million
+0.02%
62 Vai VAI $ 0.999
$ 1.76M
$ 1.76 million
-0.00%
63 Dopple DOP $ 0.0198
$ 1.28M
$ 1.28 million
+0.87%
64 Reservoir DAM $ 0.00196
$ 820,589
$ 820,589
-14.20%
65 USDK USDK $ 0.988
$ 483,073
$ 483,073
-1.67%
66 Tether CNH CNHT $ 0.0101
$ 252,500
$ 252,500
+0.00%
67 Basis Cash BAC $ 0.00161
$ 87,975
$ 87,975
-1.53%
68 Empty Set Dollar ESD $ 0.000281
$ 33,132
$ 33,132
+1.98%
69 Maya Preferred MPRD $ 399,768.38
$ 79.95T
$ 79.95 trillion
+0.73%
70 ZEDXION USDZ $ 0.998
$ 86.81B
$ 86.81 billion
-0.01%
71 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
72 Savings USDS SUSDS $ 1.11
$ 3.83B
$ 3.83 billion
+0.52%
73 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.05%
74 USAD USAD $ 0.991
$ 1.20B
$ 1.20 billion
+0.00%
75 Trivest USDI USDI $ 0.409
$ 409.06M
$ 409.06 million
+0.00%
76 USDai USDAI $ 1.000
$ 173.25M
$ 173.25 million
+0.02%
77 Noble Dollar USDN $ 0.979
$ 112.49M
$ 112.49 million
+8.87%
78 NXUSD NXUSD $ 1.01
$ 72.42M
$ 72.42 million
+1.53%
79 DOLA DOLA $ 0.998
$ 53.01M
$ 53.01 million
-0.00%
80 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.02M
$ 50.02 million
-0.01%
81 Jupiter USD JupUSD $ 1.000
$ 48.58M
$ 48.58 million
+0.00%
82 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
+0.04%
83 SPUSD SPUSD $ 1.000
$ 28.82M
$ 28.82 million
+0.22%
84 Electronic USD eUSD $ 0.998
$ 22.51M
$ 22.51 million
+0.00%
85 JPYC JPYC $ 0.00895
$ 22.05M
$ 22.05 million
+3.48%
86 JPY Coin JPYC $ 0.00862
$ 20.26M
$ 20.26 million
+0.44%
87 AllUnity EUR EURAU $ 1.17
$ 18.84M
$ 18.84 million
+0.06%
88 Silver Token XAGX $ 68.23
$ 17.06M
$ 17.06 million
+3.85%
89 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.03%
90 Hylo USD HYUSD $ 0.999
$ 13.30M
$ 13.30 million
+0.01%
91 Mai Stablecoin (BASE) MAI $ 1.000
$ 12.91M
$ 12.91 million
+0.17%
92 MetaMask USD MUSD $ 1.000
$ 11.75M
$ 11.75 million
-0.00%
93 MAI MIMATIC $ 0.976
$ 11.58M
$ 11.58 million
+0.37%
94 oneBTC ONEBTC $ 1.00
$ 11.29M
$ 11.29 million
-1.44%
95 Schuman EURØP EUROP $ 1.17
$ 7.74M
$ 7.74 million
+0.05%
96 USDz USDZ $ 0.965
$ 7.49M
$ 7.49 million
+0.28%
97 USD Base Coin USDBC $ 1.00
$ 5.75M
$ 5.75 million
+0.25%
98 AUDD AUDD $ 0.709
$ 3.04M
$ 3.04 million
-0.57%
99 Wrapped FRAX WFRAX $ 0.318
$ 2.91M
$ 2.91 million
+12.39%
100 Tokenised GBP TGBP $ 1.36
$ 2.62M
$ 2.62 million
+0.15%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00524
$ 29.22M
$ 29.22 million
+6.93%
Resolv RESOLV $ 0.0183
$ 8.36M
$ 8.36 million
+4.30%
Bitshares BTS $ 0.00116
$ 3.48M
$ 3.48 million
+3.81%
Quantoz EURQ EURQ $ 1.15
$ 5.33M
$ 5.33 million
+3.45%
Curve.Fi USD Stablecoin CRVUSD $ 0.997
$ 213.38M
$ 213.38 million
+1.53%
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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