Stablecoins

275 coins #11 Page 2

Stablecoins are digital currencies backed by things like regular money or commodities, which means they have a steady value. More

# Coins Live Price Market cap 24h

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

51 Reservoir DAM $ 0.00932
$ 3.68M
$ 3.68 million
+0.18%
52 Fei Protocol FEI $ 0.998
$ 3.40M
$ 3.40 million
-3.06%
53 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
-0.01%
54 Dopple DOP $ 0.0192
$ 1.24M
$ 1.24 million
-1.04%
55 Level USD LVLUSD $ 0.999
$ 973,781
$ 973,781
-0.00%
56 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.21%
57 XAUT0 XAUT $ 4,143.60
$ 764.36T
$ 764.36 trillion
-3.76%
58 Maya Preferred MPRD $ 263,015.51
$ 52.60T
$ 52.60 trillion
-0.19%
59 USDCX USDCX $ 1.00
$ 202.45B
$ 202.45 billion
-0.02%
60 Blynex USD USDB $ 1.00
$ 100.02B
$ 100.02 billion
-0.06%
61 ZEDXION USDZ $ 0.998
$ 86.78B
$ 86.78 billion
-0.03%
62 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.01%
63 Tether USD Bridged Wormhole USDTR $ 0.997
$ 26.93B
$ 26.93 billion
+0.10%
64 Savings USDS SUSDS $ 5.52
$ 13.98B
$ 13.98 billion
+38.59%
65 Hyper USD USDHL $ 0.994
$ 8.84B
$ 8.84 billion
-7.64%
66 Royal Euro REUR $ 1.16
$ 5.78B
$ 5.78 billion
-0.08%
67 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.02%
68 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
-0.00%
69 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.01%
70 USAD USAD $ 0.970
$ 1.10B
$ 1.10 billion
+4.68%
71 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.07%
72 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.00%
73 USX USX $ 1.000
$ 501.06M
$ 501.06 million
-0.01%
74 Frax USD FRXUSD $ 4.70
$ 498.19M
$ 498.19 million
+19.48%
75 GUSD GUSD $ 0.999
$ 319.84M
$ 319.84 million
-0.01%
76 DOLA DOLA $ 6.53
$ 319.42M
$ 319.42 million
+50.82%
77 Staked USDai SUSDAI $ 1.09
$ 255.42M
$ 255.42 million
-0.03%
78 Sonic USD SCUSD $ 4.70
$ 199.79M
$ 199.79 million
+18.99%
79 infiniFi USD iUSD $ 0.999
$ 182.64M
$ 182.64 million
+0.03%
80 Strata Senior USDe srUSDe $ 1.02
$ 146.26M
$ 146.26 million
-0.28%
81 Decentralized Euro DEURO $ 46.21
$ 130.49M
$ 130.49 million
+3,905.59%
82 Electronic USD eUSD $ 4.37
$ 126.70M
$ 126.70 million
+7.67%
83 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.73M
$ 82.73 million
+0.16%
84 NXUSD NXUSD $ 0.992
$ 71.24M
$ 71.24 million
-2.19%
85 EUR CoinVertible EURCV $ 1.16
$ 55.63M
$ 55.63 million
-0.08%
86 Tether Fund USD.F $ 0.000510
$ 50.96M
$ 50.96 million
-22.86%
87 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.03M
$ 50.03 million
-0.01%
88 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
+0.03%
89 Precious Metals USD pmUSD $ 3.18
$ 30.41M
$ 30.41 million
+25.42%
90 JPYC JPYC $ 0.00691
$ 17.03M
$ 17.03 million
-0.13%
91 JPY Coin JPYC $ 0.00704
$ 16.55M
$ 16.55 million
-1.78%
92 Silver Token XAGX $ 64.31
$ 16.03M
$ 16.03 million
-6.31%
93 USD Universal USDU $ 1.000
$ 15.55M
$ 15.55 million
+0.01%
94 Hylo USD HYUSD $ 1.00
$ 14.94M
$ 14.94 million
+0.02%
95 eSui Dollar suiUSDe $ 0.994
$ 13.79M
$ 13.79 million
-0.56%
96 Mai Stablecoin (BASE) MAI $ 0.995
$ 12.85M
$ 12.85 million
+0.02%
97 MAI MIMATIC $ 0.989
$ 12.03M
$ 12.03 million
+0.07%
98 USDM USDM $ 0.999
$ 12.02M
$ 12.02 million
-0.25%
99 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.03%
100 USDA USDA $ 0.998
$ 10.13M
$ 10.13 million
-1.01%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Liquity USD LUSD $ 1.03
$ 36.39M
$ 36.39 million
+1.73%
TerraClassicUSD USTC $ 0.00613
$ 34.22M
$ 34.22 million
+1.30%
Kyrgyz Som Stablecoin KGST $ 0.0115
$ 5.12M
$ 5.12 million
+0.82%
USD Base Coin USDBC $ 0.994
$ 6.58M
$ 6.58 million
+0.58%
Worldwide USD WUSD $ 0.998
$ 11.32M
$ 11.32 million
+0.45%
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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