Stablecoins

288 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 $ 1.82
$ 16.14M
$ 16.14 million
+17.99%
52 Celo Dollar CUSD $ 0.983
$ 13.85M
$ 13.85 million
-5.47%
53 XSGD XSGD $ 0.774
$ 11.70M
$ 11.70 million
+0.04%
54 StablR Euro EURR $ 0.582
$ 9.97M
$ 9.97 million
+0.01%
55 StablR USD USDR $ 0.344
$ 7.35M
$ 7.35 million
-20.07%
56 Fei Protocol FEI $ 0.910
$ 3.25M
$ 3.25 million
+1.42%
57 Vai VAI $ 0.998
$ 2.38M
$ 2.38 million
+0.08%
58 Euro Tether EURT $ 0.0543
$ 2.17M
$ 2.17 million
+2.34%
59 BiLira TRYB $ 0.0213
$ 2.06M
$ 2.06 million
-2.11%
60 Reservoir DAM $ 0.00502
$ 2.02M
$ 2.02 million
+12.73%
61 Dopple DOP $ 0.0191
$ 1.23M
$ 1.23 million
-0.29%
62 XAUT0 XAUT $ 4,092.40
$ 754.91T
$ 754.91 trillion
-0.41%
63 Maya Preferred MPRD $ 195,988.61
$ 39.20T
$ 39.20 trillion
-1.49%
64 USDCX USDCX $ 1.00
$ 202.53B
$ 202.53 billion
+0.03%
65 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
+0.07%
66 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.00%
67 Savings USDS SUSDS $ 2.67
$ 7.09B
$ 7.09 billion
-37.61%
68 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.01%
69 RUBX RUBx $ 0.0130
$ 1.30B
$ 1.30 billion
-0.18%
70 USAD USAD $ 0.990
$ 1.19B
$ 1.19 billion
+0.10%
71 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
72 USX USX $ 1.00
$ 505.63M
$ 505.63 million
+0.00%
73 Frax USD FRXUSD $ 3.67
$ 388.98M
$ 388.98 million
-0.03%
74 GUSD GUSD $ 1.00
$ 320.70M
$ 320.70 million
+0.25%
75 EUUS EUUS $ 0.0255
$ 127.50M
$ 127.50 million
+21,061.83%
76 Noble Dollar USDN $ 0.989
$ 113.63M
$ 113.63 million
-1.13%
77 DOLA DOLA $ 2.48
$ 104.65M
$ 104.65 million
-32.25%
78 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.85M
$ 82.85 million
+0.03%
79 Electronic USD eUSD $ 2.75
$ 79.52M
$ 79.52 million
-25.12%
80 NXUSD NXUSD $ 0.990
$ 71.07M
$ 71.07 million
-1.38%
81 EUR CoinVertible EURCV $ 1.14
$ 54.96M
$ 54.96 million
-0.04%
82 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.03M
$ 50.03 million
+0.00%
83 Jupiter USD JupUSD $ 1.01
$ 44.03M
$ 44.03 million
+1.02%
84 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
-0.00%
85 Strata Senior USDe srUSDe $ 1.02
$ 39.38M
$ 39.38 million
+0.02%
86 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
-0.01%
87 Precious Metals USD pmUSD $ 2.48
$ 23.76M
$ 23.76 million
-0.14%
88 JPYC JPYC $ 0.00762
$ 18.77M
$ 18.77 million
-2.91%
89 JPY Coin JPYC $ 0.00742
$ 17.43M
$ 17.43 million
+0.82%
90 MetaMask USD MUSD $ 1.000
$ 17.14M
$ 17.14 million
+0.00%
91 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.00%
92 Silver Token XAGX $ 59.92
$ 14.98M
$ 14.98 million
+0.18%
93 eSui Dollar suiUSDe $ 1.01
$ 13.58M
$ 13.58 million
+0.91%
94 Mai Stablecoin (BASE) MAI $ 0.996
$ 12.86M
$ 12.86 million
-0.56%
95 USDM USDM $ 1.01
$ 12.16M
$ 12.16 million
+0.56%
96 MAI MIMATIC $ 0.995
$ 11.94M
$ 11.94 million
+0.07%
97 Hylo USD HYUSD $ 1.00
$ 10.88M
$ 10.88 million
-0.05%
98 USDA USDA $ 0.996
$ 10.11M
$ 10.11 million
-0.62%
99 USDz USDZ $ 0.977
$ 7.58M
$ 7.58 million
-0.13%
100 Mento Euro CEUR $ 1.13
$ 6.89M
$ 6.89 million
+0.00%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Agora AUSD $ 0.995
$ 170.45M
$ 170.45 million
+3.42%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.28B
$ 9.28 billion
+3.01%
Binance USD BUSD $ 1.00
$ 55.86M
$ 55.86 million
+1.02%
Quantoz USDQ USDQ $ 0.987
$ 49.17M
$ 49.17 million
+0.49%
Dai DAI $ 1.00
$ 5.33B
$ 5.33 billion
+0.37%
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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