Stablecoins

284 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 Liquity USD LUSD $ 0.984
$ 34.82M
$ 34.82 million
+0.64%
52 Decentralized Social DESO $ 3.22
$ 28.57M
$ 28.57 million
+10.86%
53 Bucket Protocol BUCK Stablecoin BUCK $ 0.998
$ 25.92M
$ 25.92 million
-0.29%
54 Celo Dollar CUSD $ 1.02
$ 16.02M
$ 16.02 million
-3.52%
55 StablR Euro EURR $ 1.03
$ 11.54M
$ 11.54 million
+0.23%
56 StablR USD USDR $ 0.438
$ 9.34M
$ 9.34 million
+0.00%
57 Origin Dollar OUSD $ 1.000
$ 7.37M
$ 7.37 million
+0.00%
58 BiLira TRYB $ 0.0189
$ 3.19M
$ 3.19 million
+11.69%
59 Vai VAI $ 1.00
$ 2.57M
$ 2.57 million
+0.30%
60 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
61 XAUT0 XAUT $ 4,180.50
$ 771.17T
$ 771.17 trillion
+1.03%
62 Maya Preferred MPRD $ 368,395.26
$ 73.68T
$ 73.68 trillion
+1.42%
63 USDCX USDCX $ 1.00
$ 202.55B
$ 202.55 billion
-0.02%
64 ZEDXION USDZ $ 0.998
$ 86.82B
$ 86.82 billion
+0.18%
65 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.00%
66 Savings USDS SUSDS $ 17.89
$ 49.72B
$ 49.72 billion
+0.06%
67 Tether USD Bridged Wormhole USDTR $ 0.997
$ 26.93B
$ 26.93 billion
+0.00%
68 Hyper USD USDHL $ 1.00
$ 8.89B
$ 8.89 billion
+0.21%
69 Royal Euro REUR $ 1.15
$ 5.74B
$ 5.74 billion
-0.02%
70 Lydia USAD $ 0.994
$ 2.15B
$ 2.15 billion
-0.66%
71 Frax USD FRXUSD $ 16.36
$ 1.73B
$ 1.73 billion
+0.43%
72 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.02%
73 USAD USAD $ 1.00
$ 1.21B
$ 1.21 billion
+1.21%
74 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.01%
75 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
-0.05%
76 DOLA DOLA $ 16.22
$ 829.86M
$ 829.86 million
-0.37%
77 Sonic USD SCUSD $ 16.46
$ 700.33M
$ 700.33 million
+0.30%
78 USDai USDAI $ 1.000
$ 516.21M
$ 516.21 million
-0.02%
79 Electronic USD eUSD $ 16.13
$ 467.42M
$ 467.42 million
-0.85%
80 GUSD GUSD $ 1.000
$ 319.96M
$ 319.96 million
+0.02%
81 Staked USDai SUSDAI $ 1.09
$ 256.11M
$ 256.11 million
+0.02%
82 Strata Senior USDe srUSDe $ 1.02
$ 146.33M
$ 146.33 million
-0.06%
83 Precious Metals USD pmUSD $ 12.64
$ 120.96M
$ 120.96 million
+0.89%
84 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.88M
$ 82.88 million
-0.39%
85 EUR CoinVertible EURCV $ 1.15
$ 55.16M
$ 55.16 million
-0.07%
86 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.05M
$ 50.05 million
+0.00%
87 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
+0.01%
88 Silver Token XAGX $ 66.51
$ 16.63M
$ 16.63 million
+2.01%
89 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.01%
90 Hylo USD HYUSD $ 1.00
$ 14.92M
$ 14.92 million
+0.01%
91 eSui Dollar suiUSDe $ 1.00
$ 13.88M
$ 13.88 million
+0.50%
92 Mai Stablecoin (BASE) MAI $ 0.997
$ 12.88M
$ 12.88 million
+0.13%
93 USDM USDM $ 1.01
$ 12.12M
$ 12.12 million
+0.27%
94 MAI MIMATIC $ 0.991
$ 11.98M
$ 11.98 million
-0.04%
95 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.01%
96 FUSD FUSD $ 0.999
$ 10.19M
$ 10.19 million
-0.08%
97 USDA USDA $ 0.991
$ 10.06M
$ 10.06 million
-1.45%
98 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
99 USDz USDZ $ 0.979
$ 7.59M
$ 7.59 million
-0.05%
100 Schuman EURØP EUROP $ 1.15
$ 6.75M
$ 6.75 million
-0.12%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Resolv RESOLV $ 0.0217
$ 8.79M
$ 8.79 million
+24.52%
Reservoir DAM $ 0.00924
$ 3.65M
$ 3.65 million
+1.98%
PAX Gold PAXG $ 4,207.91
$ 1.91B
$ 1.91 billion
+1.17%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.09M
$ 5.09 million
+0.26%
Legacy Frax Dollar FRAX $ 0.993
$ 240.14M
$ 240.14 million
+0.16%
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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