Stablecoins

264 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 Price Market cap 24h

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

51 BiLira TRYB $ 0.0225
$ 3.80M
$ 3.80 million
-0.47%
52 Fei Protocol FEI $ 1.000
$ 3.41M
$ 3.41 million
+2.03%
53 Euro Tether EURT $ 0.0710
$ 2.84M
$ 2.84 million
+1.01%
54 Rupiah Token IDRT $ 0.0000561
$ 2.52M
$ 2.52 million
-1.60%
55 Vai VAI $ 0.969
$ 2.48M
$ 2.48 million
+11.44%
56 Dopple DOP $ 0.0192
$ 1.24M
$ 1.24 million
+4.41%
57 Level USD LVLUSD $ 0.999
$ 972,762
$ 972,762
-0.03%
58 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
59 XAUT0 XAUT $ 4,672.90
$ 862.00T
$ 862.00 trillion
-0.39%
60 Maya Preferred MPRD $ 163,212.59
$ 32.64T
$ 32.64 trillion
-0.92%
61 USDCX USDCX $ 1.00
$ 202.41B
$ 202.41 billion
+0.02%
62 Tedra USD 2.0 USD.T $ 1.00
$ 100.00B
$ 100.00 billion
+199,900.00%
63 Blynex USD USDB $ 0.970
$ 96.99B
$ 96.99 billion
+27.86%
64 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
+0.08%
65 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
66 Hyper USD USDHL $ 0.997
$ 8.86B
$ 8.86 billion
+0.60%
67 Savings USDS SUSDS $ 3.42
$ 6.54B
$ 6.54 billion
+0.55%
68 Royal Euro REUR $ 1.17
$ 5.86B
$ 5.86 billion
-0.13%
69 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
70 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
+0.00%
71 USAD USAD $ 0.975
$ 1.03B
$ 1.03 billion
+0.52%
72 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
--%
73 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.03%
74 DXBDT DXBDT $ 1.000
$ 999.87M
$ 999.87 million
-0.00%
75 USDai USDAI $ 1.000
$ 516.25M
$ 516.25 million
-0.00%
76 GUSD GUSD $ 1.00
$ 320.16M
$ 320.16 million
+0.27%
77 Frax USD FRXUSD $ 3.00
$ 317.93M
$ 317.93 million
-3.65%
78 Staked USDai SUSDAI $ 1.08
$ 254.37M
$ 254.37 million
-0.02%
79 DOLA DOLA $ 3.07
$ 200.60M
$ 200.60 million
-0.92%
80 Strata Senior USDe srUSDe $ 1.02
$ 147.00M
$ 147.00 million
-0.03%
81 Sonic USD SCUSD $ 3.17
$ 134.96M
$ 134.96 million
+1.56%
82 MNEE USD Stablecoin MNEE $ 1.000
$ 101.78M
$ 101.78 million
-0.00%
83 Electronic USD eUSD $ 3.09
$ 89.52M
$ 89.52 million
-1.24%
84 NXUSD NXUSD $ 1.01
$ 72.41M
$ 72.41 million
+1.03%
85 EUR CoinVertible EURCV $ 1.17
$ 56.41M
$ 56.41 million
-0.16%
86 OSL Group’s U.S. dollar USDGO $ 1.000
$ 49.99M
$ 49.99 million
-0.00%
87 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
+0.02%
88 Precious Metals USD pmUSD $ 2.61
$ 24.98M
$ 24.98 million
-6.46%
89 Silver Token XAGX $ 87.20
$ 21.80M
$ 21.80 million
+0.36%
90 JPY Coin JPYC $ 0.00737
$ 17.32M
$ 17.32 million
-2.53%
91 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
+0.04%
92 Hylo USD HYUSD $ 0.999
$ 14.56M
$ 14.56 million
+0.08%
93 eSui Dollar suiUSDe $ 1.01
$ 13.95M
$ 13.95 million
+0.41%
94 MAI MIMATIC $ 0.984
$ 11.97M
$ 11.97 million
-0.19%
95 USDM USDM $ 0.992
$ 11.94M
$ 11.94 million
+0.02%
96 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.09%
97 USDA USDA $ 0.994
$ 10.09M
$ 10.09 million
-0.87%
98 FUSD FUSD $ 1.00
$ 9.61M
$ 9.61 million
-0.09%
99 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
100 USDz USDZ $ 0.982
$ 7.62M
$ 7.62 million
+0.06%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
Reservoir DAM $ 0.0131
$ 5.10M
$ 5.10 million
+29.41%
Binance-Peg BSC-USD BSC-USD $ 0.970
$ 8.72B
$ 8.72 billion
+9.80%
USD Base Coin USDBC $ 1.01
$ 7.10M
$ 7.10 million
+0.90%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.09M
$ 5.09 million
+0.25%
Quantoz USDQ USDQ $ 1.00
$ 6.01M
$ 6.01 million
+0.22%
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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