Stablecoins

267 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 Vai VAI $ 0.906
$ 2.32M
$ 2.32 million
-1.98%
52 Dopple DOP $ 0.0210
$ 1.35M
$ 1.35 million
-0.52%
53 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
54 XAUT0 XAUT $ 4,529.40
$ 835.53T
$ 835.53 trillion
-0.06%
55 Maya Preferred MPRD $ 142,858.89
$ 28.57T
$ 28.57 trillion
-12.92%
56 USDCX USDCX $ 1.00
$ 202.43B
$ 202.43 billion
+0.02%
57 Blynex USD USDB $ 0.910
$ 90.99B
$ 90.99 billion
-1.51%
58 ZEDXION USDZ $ 0.997
$ 86.73B
$ 86.73 billion
-0.11%
59 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
60 Tether USD Bridged Wormhole USDTR $ 0.952
$ 25.71B
$ 25.71 billion
-3.33%
61 Hyper USD USDHL $ 0.991
$ 8.81B
$ 8.81 billion
-0.07%
62 Savings USDS SUSDS $ 3.30
$ 5.99B
$ 5.99 billion
-1.77%
63 Royal Euro REUR $ 1.16
$ 5.81B
$ 5.81 billion
-0.12%
64 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.00%
65 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
-0.00%
66 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.01%
67 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.03%
68 USAD USAD $ 0.946
$ 995.79M
$ 995.79 million
-2.07%
69 USDai USDAI $ 1.00
$ 516.40M
$ 516.40 million
-0.00%
70 EUUS EUUS $ 0.0650
$ 325.00M
$ 325.00 million
+0.00%
71 GUSD GUSD $ 1.000
$ 319.90M
$ 319.90 million
+0.02%
72 Frax USD FRXUSD $ 3.01
$ 319.39M
$ 319.39 million
-0.53%
73 Staked USDai SUSDAI $ 1.09
$ 254.56M
$ 254.56 million
+0.06%
74 DOLA DOLA $ 2.97
$ 194.37M
$ 194.37 million
-1.89%
75 Sonic USD SCUSD $ 3.02
$ 128.44M
$ 128.44 million
-0.04%
76 MNEE USD Stablecoin MNEE $ 1.00
$ 101.80M
$ 101.80 million
+0.09%
77 Electronic USD eUSD $ 3.06
$ 88.78M
$ 88.78 million
-0.93%
78 NXUSD NXUSD $ 1.03
$ 73.74M
$ 73.74 million
+3.21%
79 EUR CoinVertible EURCV $ 1.16
$ 55.94M
$ 55.94 million
-0.07%
80 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.01M
$ 50.01 million
-0.00%
81 XT Stablecoin XTUSD $ 1.000
$ 32.80M
$ 32.80 million
-0.01%
82 Precious Metals USD pmUSD $ 2.77
$ 26.08M
$ 26.08 million
-2.66%
83 Silver Token XAGX $ 75.97
$ 18.99M
$ 18.99 million
-0.17%
84 JPY Coin JPYC $ 0.00736
$ 17.29M
$ 17.29 million
-1.50%
85 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
+0.00%
86 Hylo USD HYUSD $ 1.00
$ 14.57M
$ 14.57 million
+0.01%
87 eSui Dollar suiUSDe $ 1.01
$ 13.93M
$ 13.93 million
-0.05%
88 USDM USDM $ 1.01
$ 12.15M
$ 12.15 million
+2.55%
89 MAI MIMATIC $ 0.984
$ 11.97M
$ 11.97 million
+0.16%
90 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.00%
91 USDA USDA $ 0.998
$ 10.14M
$ 10.14 million
-0.35%
92 FUSD FUSD $ 1.00
$ 9.61M
$ 9.61 million
+0.21%
93 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%
94 USDz USDZ $ 0.978
$ 7.59M
$ 7.59 million
-0.35%
95 Celo Euro CEUR $ 1.16
$ 7.02M
$ 7.02 million
-0.34%
96 Schuman EURØP EUROP $ 1.16
$ 6.85M
$ 6.85 million
-0.10%
97 Resupply RSUP $ 0.0855
$ 5.95M
$ 5.95 million
-2.57%
98 SPUSD SPUSD $ 0.851
$ 4.99M
$ 4.99 million
-1.77%
99 Neutrino Index XTN $ 0.0785
$ 4.08M
$ 4.08 million
-0.02%
100 Wrapped FRAX WFRAX $ 0.430
$ 3.84M
$ 3.84 million
-2.32%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
TerraClassicUSD USTC $ 0.00650
$ 36.17M
$ 36.17 million
+2.41%
Binance USD BUSD $ 0.958
$ 53.67M
$ 53.67 million
+0.67%
USDS USDS $ 1.00
$ 11.13B
$ 11.13 billion
+0.48%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.10M
$ 5.10 million
+0.18%
United Stables U $ 1.00
$ 995.12M
$ 995.12 million
+0.09%
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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