Stablecoins

271 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 StablR Euro EURR $ 0.946
$ 10.62M
$ 10.62 million
-2.34%
52 Euro Tether EURT $ 0.0710
$ 2.84M
$ 2.84 million
-4.02%
53 Vai VAI $ 0.999
$ 2.55M
$ 2.55 million
+0.27%
54 Dopple DOP $ 0.0208
$ 1.34M
$ 1.34 million
+0.47%
55 XAUT0 XAUT $ 4,473.70
$ 825.25T
$ 825.25 trillion
+0.78%
56 Maya Preferred MPRD $ 169,919.86
$ 33.98T
$ 33.98 trillion
+3.33%
57 USDCX USDCX $ 1.00
$ 202.63B
$ 202.63 billion
+0.02%
58 Blynex USD USDB $ 1.00
$ 100.13B
$ 100.13 billion
+0.43%
59 ZEDXION USDZ $ 0.998
$ 86.83B
$ 86.83 billion
+0.02%
60 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
61 Savings USDS SUSDS $ 2.97
$ 7.01B
$ 7.01 billion
-0.73%
62 Royal Euro REUR $ 1.17
$ 5.83B
$ 5.83 billion
+0.28%
63 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.00%
64 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
+0.00%
65 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
+0.00%
66 USAD USAD $ 0.939
$ 1.06B
$ 1.06 billion
-0.32%
67 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
-0.04%
68 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.00%
69 GUSD GUSD $ 0.999
$ 319.77M
$ 319.77 million
+0.15%
70 Frax USD FRXUSD $ 2.70
$ 285.41M
$ 285.41 million
-0.63%
71 Staked USDai SUSDAI $ 1.09
$ 254.93M
$ 254.93 million
+0.01%
72 infiniFi USD iUSD $ 0.999
$ 182.61M
$ 182.61 million
-0.00%
73 DOLA DOLA $ 2.69
$ 168.41M
$ 168.41 million
+0.21%
74 Strata Senior USDe srUSDe $ 1.02
$ 146.59M
$ 146.59 million
+0.01%
75 MAI MIMATIC $ 11.15
$ 135.60M
$ 135.60 million
+1,043.51%
76 Tether Fund USD.F $ 0.00125
$ 124.64M
$ 124.64 million
-30.98%
77 Sonic USD SCUSD $ 2.72
$ 115.62M
$ 115.62 million
+0.96%
78 Electronic USD eUSD $ 2.72
$ 78.77M
$ 78.77 million
-1.55%
79 NXUSD NXUSD $ 0.980
$ 70.34M
$ 70.34 million
-1.36%
80 EUR CoinVertible EURCV $ 1.17
$ 56.12M
$ 56.12 million
+0.18%
81 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.06M
$ 50.06 million
+0.01%
82 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
-0.03%
83 Precious Metals USD pmUSD $ 2.28
$ 21.79M
$ 21.79 million
+1.67%
84 Silver Token XAGX $ 75.80
$ 18.95M
$ 18.95 million
+1.58%
85 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.01%
86 Hylo USD HYUSD $ 1.00
$ 14.92M
$ 14.92 million
+0.00%
87 eSui Dollar suiUSDe $ 1.000
$ 13.87M
$ 13.87 million
-0.39%
88 Mai Stablecoin (BASE) MAI $ 0.994
$ 12.84M
$ 12.84 million
-0.33%
89 USDM USDM $ 1.00
$ 12.08M
$ 12.08 million
-0.63%
90 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
-0.01%
91 USDA USDA $ 0.992
$ 10.07M
$ 10.07 million
-1.14%
92 FUSD FUSD $ 1.00
$ 9.91M
$ 9.91 million
+0.15%
93 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
94 Mento Euro CEUR $ 1.16
$ 7.04M
$ 7.04 million
+0.00%
95 USDz USDZ $ 0.907
$ 7.04M
$ 7.04 million
+0.05%
96 Schuman EURØP EUROP $ 1.16
$ 6.86M
$ 6.86 million
+0.20%
97 GYEN GYEN $ 0.00632
$ 6.09M
$ 6.09 million
+0.00%
98 SPUSD SPUSD $ 1.00
$ 5.88M
$ 5.88 million
+0.34%
99 Resupply RSUP $ 0.0839
$ 5.83M
$ 5.83 million
+2.19%
100 Wrapped FRAX WFRAX $ 0.386
$ 3.44M
$ 3.44 million
-1.48%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Quantoz USDQ USDQ $ 1.000
$ 5.81M
$ 5.81 million
+2.52%
Reservoir DAM $ 0.0126
$ 4.98M
$ 4.98 million
+1.89%
PAX Gold PAXG $ 4,485.95
$ 2.10B
$ 2.10 billion
+0.75%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.00B
$ 9.00 billion
+0.63%
Binance USD BUSD $ 0.999
$ 55.92M
$ 55.92 million
+0.44%
All Gainers

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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