Stablecoins

298 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 Live Price Market cap 24h

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

51 Celo Dollar CUSD $ 0.947
$ 12.98M
$ 12.98 million
-3.72%
52 Decentralized Social DESO $ 1.44
$ 12.81M
$ 12.81 million
+0.84%
53 XSGD XSGD $ 0.774
$ 11.96M
$ 11.96 million
+0.07%
54 StablR Euro EURR $ 0.613
$ 10.51M
$ 10.51 million
-5.12%
55 Origin Dollar OUSD $ 1.00
$ 7.44M
$ 7.44 million
-0.77%
56 StablR USD USDR $ 0.303
$ 6.48M
$ 6.48 million
+5.44%
57 Fei Protocol FEI $ 0.960
$ 3.44M
$ 3.44 million
+0.89%
58 Euro Tether EURT $ 0.0586
$ 2.34M
$ 2.34 million
+7.97%
59 Reservoir DAM $ 0.00373
$ 1.50M
$ 1.50 million
+5.91%
60 Reflexer Ungovernance Token FLX $ 1.12
$ 926,378
$ 926,378
+1.66%
61 Basis Cash BAC $ 0.00265
$ 144,788
$ 144,788
+1.84%
62 XAUT0 XAUT $ 4,002.30
$ 738.29T
$ 738.29 trillion
-0.02%
63 USDCX USDCX $ 1.00
$ 202.45B
$ 202.45 billion
-0.05%
64 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
+0.03%
65 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
-0.01%
66 Savings USDS SUSDS $ 1.11
$ 3.97B
$ 3.97 billion
+0.66%
67 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
68 RUBX RUBx $ 0.0128
$ 1.28B
$ 1.28 billion
+0.12%
69 USAD USAD $ 1.05
$ 1.26B
$ 1.26 billion
+5.65%
70 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.02%
71 USX USX $ 1.00
$ 505.65M
$ 505.65 million
-0.00%
72 GUSD GUSD $ 0.999
$ 319.80M
$ 319.80 million
+0.03%
73 EUR CoinVertible EURCV $ 1.14
$ 115.39M
$ 115.39 million
+0.08%
74 Noble Dollar USDN $ 0.999
$ 114.84M
$ 114.84 million
+2.20%
75 USEU USEU $ 0.0229
$ 114.50M
$ 114.50 million
+8,444.78%
76 Frax USD FRXUSD $ 0.999
$ 104.64M
$ 104.64 million
-3.89%
77 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.77M
$ 82.77 million
-0.07%
78 NXUSD NXUSD $ 0.990
$ 71.09M
$ 71.09 million
-1.30%
79 infiniFi USD iUSD $ 1.000
$ 65.35M
$ 65.35 million
+0.01%
80 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.03M
$ 50.03 million
-0.00%
81 Jupiter USD JupUSD $ 1.01
$ 43.96M
$ 43.96 million
+0.87%
82 Sonic USD SCUSD $ 1.000
$ 42.55M
$ 42.55 million
-0.04%
83 DOLA DOLA $ 0.996
$ 42.06M
$ 42.06 million
+0.40%
84 XT Stablecoin XTUSD $ 1.01
$ 33.11M
$ 33.11 million
+0.89%
85 Electronic USD eUSD $ 0.999
$ 23.22M
$ 23.22 million
-1.22%
86 JPY Coin JPYC $ 0.00778
$ 18.29M
$ 18.29 million
+2.94%
87 MetaMask USD MUSD $ 1.02
$ 17.53M
$ 17.53 million
+185.29%
88 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
-0.00%
89 Silver Token XAGX $ 55.96
$ 13.99M
$ 13.99 million
+0.19%
90 eSui Dollar suiUSDe $ 1.03
$ 13.85M
$ 13.85 million
+2.04%
91 Mai Stablecoin (BASE) MAI $ 0.997
$ 12.87M
$ 12.87 million
+0.07%
92 USDM USDM $ 1.01
$ 12.15M
$ 12.15 million
+2.00%
93 MAI MIMATIC $ 0.994
$ 11.92M
$ 11.92 million
-0.25%
94 Hylo USD HYUSD $ 1.00
$ 10.88M
$ 10.88 million
+0.74%
95 USDA USDA $ 1.00
$ 10.19M
$ 10.19 million
-0.86%
96 USDz USDZ $ 0.978
$ 7.59M
$ 7.59 million
-0.04%
97 Precious Metals USD pmUSD $ 0.714
$ 6.83M
$ 6.83 million
-1.79%
98 Mento Euro CEUR $ 1.08
$ 6.58M
$ 6.58 million
+2.87%
99 Schuman EURØP EUROP $ 1.14
$ 6.29M
$ 6.29 million
-0.11%
100 Resupply RSUP $ 0.0571
$ 4.30M
$ 4.30 million
-5.05%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Resolv RESOLV $ 0.0204
$ 8.72M
$ 8.72 million
+1.93%
Curve.Fi USD Stablecoin CRVUSD $ 0.992
$ 204.56M
$ 204.56 million
+0.13%
Quantoz USDQ USDQ $ 0.986
$ 5.73M
$ 5.73 million
+0.08%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.19B
$ 9.19 billion
+0.07%
Axelar Wrapped USDC AXLUSDC $ 1.00
$ 2.37M
$ 2.37 million
+0.05%
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.

Useful / Related Links