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

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# Coins Live Price Market cap 24h

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

51 Celo Dollar CUSD $ 1.00
$ 15.45M
$ 15.45 million
-3.94%
52 Decentralized Social DESO $ 1.70
$ 15.10M
$ 15.10 million
-13.57%
53 FUSD FUSD $ 1.000
$ 10.70M
$ 10.70 million
+0.07%
54 StablR Euro EURR $ 0.532
$ 5.97M
$ 5.97 million
-9.38%
55 StablR USD USDR $ 0.258
$ 5.52M
$ 5.52 million
+42.12%
56 Fei Protocol FEI $ 0.999
$ 3.41M
$ 3.41 million
-0.13%
57 Vai VAI $ 0.999
$ 2.55M
$ 2.55 million
-0.04%
58 Reservoir DAM $ 0.00409
$ 1.64M
$ 1.64 million
-7.77%
59 Dopple DOP $ 0.0190
$ 1.22M
$ 1.22 million
-0.93%
60 Level USD LVLUSD $ 0.999
$ 973,911
$ 973,911
-0.01%
61 XAUT0 XAUT $ 4,093.20
$ 755.06T
$ 755.06 trillion
-1.59%
62 Maya Preferred MPRD $ 230,867.83
$ 46.17T
$ 46.17 trillion
+0.19%
63 USDCX USDCX $ 1.00
$ 202.51B
$ 202.51 billion
-0.01%
64 ZEDXION USDZ $ 0.997
$ 86.77B
$ 86.77 billion
-0.05%
65 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.01%
66 Savings USDS SUSDS $ 4.30
$ 11.55B
$ 11.55 billion
-63.68%
67 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
68 USAD USAD $ 0.998
$ 1.20B
$ 1.20 billion
+0.91%
69 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.02%
70 Frax USD FRXUSD $ 5.76
$ 609.72M
$ 609.72 million
-62.99%
71 USX USX $ 1.000
$ 505.55M
$ 505.55 million
-0.01%
72 GUSD GUSD $ 0.999
$ 319.81M
$ 319.81 million
-0.02%
73 USDai USDAI $ 1.00
$ 189.87M
$ 189.87 million
+0.00%
74 Staked USDai SUSDAI $ 1.10
$ 172.27M
$ 172.27 million
+0.03%
75 Electronic USD eUSD $ 5.87
$ 170.19M
$ 170.19 million
-61.94%
76 DOLA DOLA $ 3.95
$ 166.81M
$ 166.81 million
-56.77%
77 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.82M
$ 82.82 million
+0.02%
78 NXUSD NXUSD $ 1.00
$ 72.01M
$ 72.01 million
-0.26%
79 Tether Fund USD.F $ 0.000560
$ 56.00M
$ 56.00 million
+11.85%
80 EUR CoinVertible EURCV $ 1.14
$ 54.89M
$ 54.89 million
-0.31%
81 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.03M
$ 50.03 million
-0.00%
82 Jupiter USD JupUSD $ 1.00
$ 43.58M
$ 43.58 million
+0.02%
83 Sonic USD SCUSD $ 1.00
$ 42.56M
$ 42.56 million
-0.00%
84 Precious Metals USD pmUSD $ 4.44
$ 42.47M
$ 42.47 million
-64.37%
85 Strata Senior USDe srUSDe $ 1.02
$ 39.21M
$ 39.21 million
+0.02%
86 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
+0.01%
87 JPYC JPYC $ 0.00754
$ 18.58M
$ 18.58 million
-0.06%
88 AllUnity EUR EURAU $ 1.14
$ 18.41M
$ 18.41 million
-0.26%
89 JPY Coin JPYC $ 0.00743
$ 17.45M
$ 17.45 million
-3.70%
90 MetaMask USD MUSD $ 1.000
$ 17.14M
$ 17.14 million
-0.00%
91 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.03%
92 Silver Token XAGX $ 59.79
$ 14.95M
$ 14.95 million
-3.36%
93 eSui Dollar suiUSDe $ 1.00
$ 13.47M
$ 13.47 million
+0.02%
94 Mai Stablecoin (BASE) MAI $ 0.995
$ 12.84M
$ 12.84 million
-0.45%
95 USDM USDM $ 1.00
$ 12.10M
$ 12.10 million
+0.25%
96 MAI MIMATIC $ 0.995
$ 12.04M
$ 12.04 million
+0.16%
97 Hylo USD HYUSD $ 0.999
$ 10.86M
$ 10.86 million
-0.07%
98 USDA USDA $ 1.00
$ 10.16M
$ 10.16 million
-0.66%
99 USDz USDZ $ 0.978
$ 7.58M
$ 7.58 million
+0.00%
100 Schuman EURØP EUROP $ 1.14
$ 6.71M
$ 6.71 million
-0.33%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00587
$ 32.71M
$ 32.71 million
+2.27%
XSGD XSGD $ 0.775
$ 11.70M
$ 11.70 million
+0.24%
Ondo US Dollar Yield USDY $ 1.14
$ 2.15B
$ 2.15 billion
+0.12%
PayPal USD PYUSD $ 1.00
$ 2.86B
$ 2.86 billion
+0.12%
Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.37M
$ 2.37 million
+0.10%
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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