Stablecoins

263 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 Euro Tether EURT $ 0.0716
$ 2.86M
$ 2.86 million
+49.79%
52 Vai VAI $ 1.08
$ 2.76M
$ 2.76 million
+4.72%
53 Rupiah Token IDRT $ 0.0000555
$ 2.49M
$ 2.49 million
-0.72%
54 Level USD LVLUSD $ 1.000
$ 973,087
$ 973,087
+0.00%
55 AetherUSD USDA $ 1.00
$ 18.45
$ 18.45
-0.30%
56 XAUT0 XAUT $ 4,682.70
$ 863.81T
$ 863.81 trillion
+2.41%
57 Maya Preferred MPRD $ 163,962.47
$ 32.89T
$ 32.89 trillion
+0.27%
58 USDCX USDCX $ 1.000
$ 202.39B
$ 202.39 billion
-0.02%
59 Blynex USD USDB $ 1.08
$ 107.86B
$ 107.86 billion
+4.51%
60 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
+0.03%
61 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
62 Tether USD Bridged Wormhole USDTR $ 1.08
$ 29.26B
$ 29.26 billion
+8.60%
63 Hyper USD USDHL $ 1.01
$ 8.95B
$ 8.95 billion
-0.02%
64 Savings USDS SUSDS $ 3.48
$ 5.92B
$ 5.92 billion
-3.35%
65 Royal Euro REUR $ 1.18
$ 5.88B
$ 5.88 billion
+0.37%
66 Tedra USD 2.0 USD.T $ 0.0526
$ 5.26B
$ 5.26 billion
+0.12%
67 Dephaser JPY JPYT $ 161.40
$ 2.21B
$ 2.21 billion
-0.00%
68 Lydia USAD $ 0.994
$ 2.15B
$ 2.15 billion
-0.05%
69 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.00%
70 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
-0.00%
71 USAD USAD $ 0.967
$ 1.02B
$ 1.02 billion
+0.31%
72 DXBDT DXBDT $ 1.000
$ 999.90M
$ 999.90 million
+0.00%
73 Royal Dollar RUSD $ 1.000
$ 999.89M
$ 999.89 million
-0.04%
74 USDai USDAI $ 1.00
$ 516.33M
$ 516.33 million
-0.01%
75 Frax USD FRXUSD $ 3.18
$ 337.27M
$ 337.27 million
-2.73%
76 GUSD GUSD $ 1.00
$ 320.23M
$ 320.23 million
+0.24%
77 Staked USDai SUSDAI $ 1.08
$ 254.02M
$ 254.02 million
-0.00%
78 DOLA DOLA $ 3.16
$ 206.74M
$ 206.74 million
-4.82%
79 infiniFi USD iUSD $ 0.999
$ 182.66M
$ 182.66 million
+0.02%
80 Sonic USD SCUSD $ 3.17
$ 135.06M
$ 135.06 million
-2.20%
81 MNEE USD Stablecoin MNEE $ 1.00
$ 101.79M
$ 101.79 million
+0.01%
82 Electronic USD eUSD $ 3.31
$ 96.05M
$ 96.05 million
-2.85%
83 Fidelity Digital Dollar FIDD $ 0.999
$ 59.56M
$ 59.56 million
+0.11%
84 EUR CoinVertible EURCV $ 1.17
$ 56.57M
$ 56.57 million
+0.30%
85 USDsui USDsui $ 1.00
$ 55.99M
$ 55.99 million
+0.01%
86 USD Neutrino USDN $ 0.0790
$ 50.36M
$ 50.36 million
+5.42%
87 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.10M
$ 50.10 million
+0.19%
88 XT Stablecoin XTUSD $ 1.000
$ 32.80M
$ 32.80 million
-0.01%
89 Precious Metals USD pmUSD $ 2.82
$ 26.99M
$ 26.99 million
+15.57%
90 Silver Token XAGX $ 77.66
$ 19.42M
$ 19.42 million
+5.03%
91 JPYC JPYC $ 0.00742
$ 18.28M
$ 18.28 million
-1.70%
92 JPY Coin JPYC $ 0.00764
$ 17.95M
$ 17.95 million
+1.72%
93 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.02%
94 Hylo USD HYUSD $ 0.999
$ 14.56M
$ 14.56 million
-0.02%
95 eSui Dollar suiUSDe $ 1.01
$ 13.98M
$ 13.98 million
+0.65%
96 Mai Stablecoin (BASE) MAI $ 0.999
$ 12.90M
$ 12.90 million
+0.00%
97 MAI MIMATIC $ 0.986
$ 12.13M
$ 12.13 million
+0.04%
98 USDM USDM $ 1.00
$ 12.08M
$ 12.08 million
+0.93%
99 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.03%
100 USDA USDA $ 1.00
$ 10.17M
$ 10.17 million
+1.22%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.08
$ 9.71B
$ 9.71 billion
+6.24%
PAX Gold PAXG $ 4,685.19
$ 2.24B
$ 2.24 billion
+2.23%
Resolv RESOLV $ 0.0316
$ 12.48M
$ 12.48 million
+1.08%
XSGD XSGD $ 0.789
$ 14.58M
$ 14.58 million
+0.57%
USDS USDS $ 1.000
$ 11.45B
$ 11.45 billion
+0.39%
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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