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 $ 1.16
$ 12.98M
$ 12.98 million
+30.21%
52 Rupiah Token IDRT $ 0.0000603
$ 2.71M
$ 2.71 million
+9.72%
53 Vai VAI $ 0.998
$ 2.55M
$ 2.55 million
-0.06%
54 Euro Tether EURT $ 0.0471
$ 1.89M
$ 1.89 million
-15.58%
55 Dopple DOP $ 0.0213
$ 1.37M
$ 1.37 million
+1.46%
56 XAUT0 XAUT $ 4,520.20
$ 833.83T
$ 833.83 trillion
+0.11%
57 Maya Preferred MPRD $ 158,620.53
$ 31.72T
$ 31.72 trillion
+0.36%
58 USDCX USDCX $ 1.00
$ 202.59B
$ 202.59 billion
-0.01%
59 Blynex USD USDB $ 0.999
$ 99.87B
$ 99.87 billion
-0.07%
60 ZEDXION USDZ $ 0.998
$ 86.79B
$ 86.79 billion
-0.03%
61 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
62 Tether USD Bridged Wormhole USDTR $ 0.998
$ 26.96B
$ 26.96 billion
+0.40%
63 Savings USDS SUSDS $ 2.97
$ 7.24B
$ 7.24 billion
-0.37%
64 Royal Euro REUR $ 1.17
$ 5.83B
$ 5.83 billion
-0.07%
65 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
-0.03%
66 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
+0.00%
67 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
-0.00%
68 USAD USAD $ 0.965
$ 1.09B
$ 1.09 billion
+0.41%
69 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
-0.00%
70 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
71 GUSD GUSD $ 0.999
$ 319.79M
$ 319.79 million
+0.09%
72 Frax USD FRXUSD $ 2.71
$ 286.94M
$ 286.94 million
-1.11%
73 Staked USDai SUSDAI $ 1.09
$ 254.99M
$ 254.99 million
-0.00%
74 DOLA DOLA $ 2.69
$ 168.27M
$ 168.27 million
-0.12%
75 Strata Senior USDe srUSDe $ 1.03
$ 147.45M
$ 147.45 million
+0.03%
76 Sonic USD SCUSD $ 2.71
$ 115.14M
$ 115.14 million
-1.16%
77 Electronic USD eUSD $ 2.76
$ 80.11M
$ 80.11 million
+1.32%
78 NXUSD NXUSD $ 1.01
$ 72.55M
$ 72.55 million
+1.58%
79 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.05M
$ 50.05 million
-0.01%
80 XT Stablecoin XTUSD $ 1.00
$ 32.83M
$ 32.83 million
+0.02%
81 Precious Metals USD pmUSD $ 2.19
$ 20.93M
$ 20.93 million
-3.03%
82 Silver Token XAGX $ 75.22
$ 18.83M
$ 18.83 million
+0.14%
83 JPYC JPYC $ 0.00722
$ 17.77M
$ 17.77 million
+0.50%
84 JPY Coin JPYC $ 0.00729
$ 17.13M
$ 17.13 million
+1.27%
85 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
+0.00%
86 Hylo USD HYUSD $ 0.999
$ 14.91M
$ 14.91 million
-0.03%
87 eSui Dollar suiUSDe $ 0.995
$ 13.81M
$ 13.81 million
-0.46%
88 USDM USDM $ 1.01
$ 12.16M
$ 12.16 million
+0.83%
89 MAI MIMATIC $ 0.972
$ 11.83M
$ 11.83 million
-0.20%
90 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.00%
91 USDA USDA $ 1.01
$ 10.23M
$ 10.23 million
+0.84%
92 FUSD FUSD $ 1.00
$ 9.90M
$ 9.90 million
-0.22%
93 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%
94 USDz USDZ $ 0.978
$ 7.59M
$ 7.59 million
-0.05%
95 Mento Euro CEUR $ 1.16
$ 7.05M
$ 7.05 million
+0.03%
96 Schuman EURØP EUROP $ 1.16
$ 6.85M
$ 6.85 million
-0.31%
97 GYEN GYEN $ 0.00632
$ 6.09M
$ 6.09 million
-0.00%
98 SPUSD SPUSD $ 1.00
$ 5.89M
$ 5.89 million
-0.25%
99 Resupply RSUP $ 0.0842
$ 5.86M
$ 5.86 million
+1.20%
100 Neutrino Index XTN $ 0.0698
$ 3.63M
$ 3.63 million
+6.38%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00680
$ 37.89M
$ 37.89 million
+1.85%
USD Base Coin USDBC $ 1.01
$ 7.40M
$ 7.40 million
+0.90%
Quantoz USDQ USDQ $ 0.991
$ 5.77M
$ 5.77 million
+0.36%
Dai DAI $ 1.00
$ 5.15B
$ 5.15 billion
+0.19%
USDS USDS $ 0.999
$ 11.03B
$ 11.03 billion
+0.13%
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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