Stablecoins

282 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 Decentralized Social DESO $ 2.96
$ 26.31M
$ 26.31 million
+2.25%
52 Bucket Protocol BUCK Stablecoin BUCK $ 0.998
$ 25.92M
$ 25.92 million
-0.02%
53 Celo Dollar CUSD $ 1.02
$ 15.93M
$ 15.93 million
+4.80%
54 StablR Euro EURR $ 1.03
$ 11.54M
$ 11.54 million
+0.22%
55 StablR USD USDR $ 0.438
$ 9.34M
$ 9.34 million
+0.00%
56 BiLira TRYB $ 0.0174
$ 2.95M
$ 2.95 million
-3.89%
57 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
-0.00%
58 Dopple DOP $ 0.0191
$ 1.23M
$ 1.23 million
-0.19%
59 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
60 XAUT0 XAUT $ 4,150.90
$ 765.71T
$ 765.71 trillion
-2.84%
61 Maya Preferred MPRD $ 389,978.22
$ 78.00T
$ 78.00 trillion
-0.44%
62 USDCX USDCX $ 1.00
$ 202.59B
$ 202.59 billion
+0.00%
63 ZEDXION USDZ $ 0.998
$ 86.82B
$ 86.82 billion
+0.02%
64 Savings USDS SUSDS $ 18.07
$ 50.31B
$ 50.31 billion
-4.51%
65 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.00%
66 Royal Euro REUR $ 1.15
$ 5.73B
$ 5.73 billion
-0.48%
67 Lydia USAD $ 1.00
$ 2.16B
$ 2.16 billion
-0.05%
68 Frax USD FRXUSD $ 16.31
$ 1.73B
$ 1.73 billion
+4.48%
69 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
+0.00%
70 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.02%
71 USAD USAD $ 0.990
$ 1.12B
$ 1.12 billion
-2.36%
72 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.04%
73 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.00%
74 DOLA DOLA $ 16.34
$ 836.24M
$ 836.24 million
-2.90%
75 Sonic USD SCUSD $ 16.12
$ 685.94M
$ 685.94 million
+2.64%
76 USDai USDAI $ 1.00
$ 516.33M
$ 516.33 million
-0.01%
77 USX USX $ 1.000
$ 501.04M
$ 501.04 million
+0.00%
78 Electronic USD eUSD $ 16.41
$ 475.65M
$ 475.65 million
+10.16%
79 GUSD GUSD $ 1.00
$ 320.02M
$ 320.02 million
+0.11%
80 Staked USDai SUSDAI $ 1.09
$ 255.84M
$ 255.84 million
+0.01%
81 Web 3 Dollar USD3 $ 17.96
$ 204.70M
$ 204.70 million
+0.57%
82 Strata Senior USDe srUSDe $ 1.02
$ 146.71M
$ 146.71 million
+0.51%
83 Precious Metals USD pmUSD $ 12.92
$ 123.65M
$ 123.65 million
+13.53%
84 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 83.01M
$ 83.01 million
+2.70%
85 NXUSD NXUSD $ 0.999
$ 71.75M
$ 71.75 million
+0.52%
86 EUR CoinVertible EURCV $ 1.15
$ 55.14M
$ 55.14 million
-0.57%
87 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
-0.00%
88 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
-0.01%
89 JPYC JPYC $ 0.00729
$ 17.94M
$ 17.94 million
+5.74%
90 JPY Coin JPYC $ 0.00709
$ 16.66M
$ 16.66 million
-0.92%
91 Silver Token XAGX $ 65.33
$ 16.31M
$ 16.31 million
-4.61%
92 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.01%
93 Hylo USD HYUSD $ 1.000
$ 14.91M
$ 14.91 million
-0.02%
94 eSui Dollar suiUSDe $ 1.00
$ 13.92M
$ 13.92 million
+0.52%
95 USDM USDM $ 1.00
$ 12.08M
$ 12.08 million
-1.35%
96 MAI MIMATIC $ 0.989
$ 11.96M
$ 11.96 million
-0.09%
97 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.03%
98 USDA USDA $ 0.999
$ 10.15M
$ 10.15 million
-0.04%
99 FUSD FUSD $ 0.999
$ 9.89M
$ 9.89 million
+0.04%
100 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.01%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Ondo US Dollar Yield USDY $ 1.14
$ 2.16B
$ 2.16 billion
+0.57%
PayPal USD PYUSD $ 1.00
$ 2.78B
$ 2.78 billion
+0.33%
Falcon USD USDF $ 0.995
$ 2.05B
$ 2.05 billion
+0.15%
Gho Token GHO $ 0.999
$ 598.52M
$ 598.52 million
+0.07%
Agora AUSD $ 1.00
$ 134.34M
$ 134.34 million
+0.07%
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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