Stablecoins

288 coins #12 Page 2

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

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# Coins Live Price Market cap 24h

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

51 Decentralized Social DESO $ 1.71
$ 15.17M
$ 15.17 million
+1.43%
52 Celo Dollar CUSD $ 0.976
$ 14.04M
$ 14.04 million
-2.15%
53 StablR Euro EURR $ 0.580
$ 9.94M
$ 9.94 million
+0.07%
54 StablR USD USDR $ 0.369
$ 7.89M
$ 7.89 million
+48.12%
55 Vai VAI $ 0.998
$ 2.38M
$ 2.38 million
-0.09%
56 Reservoir DAM $ 0.00424
$ 1.70M
$ 1.70 million
+4.94%
57 Dopple DOP $ 0.0190
$ 1.22M
$ 1.22 million
-5.36%
58 XAUT0 XAUT $ 4,116.62
$ 759.38T
$ 759.38 trillion
+0.83%
59 Maya Preferred MPRD $ 232,620.30
$ 46.52T
$ 46.52 trillion
+19.33%
60 USDCX USDCX $ 1.00
$ 202.53B
$ 202.53 billion
+0.03%
61 ZEDXION USDZ $ 0.998
$ 86.82B
$ 86.82 billion
+0.11%
62 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.01%
63 Savings USDS SUSDS $ 4.39
$ 11.68B
$ 11.68 billion
-8.64%
64 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.01%
65 RUBX RUBx $ 0.0130
$ 1.30B
$ 1.30 billion
--%
66 USAD USAD $ 0.988
$ 1.19B
$ 1.19 billion
-0.60%
67 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
68 USX USX $ 1.000
$ 505.59M
$ 505.59 million
+0.00%
69 Frax USD FRXUSD $ 3.88
$ 410.87M
$ 410.87 million
-20.67%
70 GUSD GUSD $ 0.999
$ 319.81M
$ 319.81 million
+0.02%
71 DOLA DOLA $ 3.85
$ 162.31M
$ 162.31 million
+37.61%
72 Electronic USD eUSD $ 3.94
$ 114.31M
$ 114.31 million
-23.20%
73 Tether Fund USD.F $ 0.000963
$ 96.33M
$ 96.33 million
+4.60%
74 Lorenzo staked USD1+ SUSD1+ $ 1.03
$ 82.79M
$ 82.79 million
-0.02%
75 NXUSD NXUSD $ 0.994
$ 71.41M
$ 71.41 million
+0.13%
76 EUR CoinVertible EURCV $ 1.14
$ 55.04M
$ 55.04 million
+0.13%
77 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
-0.02%
78 Jupiter USD JupUSD $ 1.00
$ 43.59M
$ 43.59 million
+0.01%
79 Sonic USD SCUSD $ 1.00
$ 42.56M
$ 42.56 million
+0.01%
80 Strata Senior USDe srUSDe $ 1.02
$ 39.25M
$ 39.25 million
+0.13%
81 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
+0.01%
82 Precious Metals USD pmUSD $ 2.90
$ 27.77M
$ 27.77 million
-21.46%
83 MetaMask USD MUSD $ 1.000
$ 17.14M
$ 17.14 million
-0.00%
84 JPY Coin JPYC $ 0.00729
$ 17.12M
$ 17.12 million
-0.50%
85 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
+0.01%
86 Silver Token XAGX $ 59.77
$ 14.94M
$ 14.94 million
+2.39%
87 eSui Dollar suiUSDe $ 1.00
$ 13.47M
$ 13.47 million
-0.55%
88 Mai Stablecoin (BASE) MAI $ 0.997
$ 12.87M
$ 12.87 million
-0.08%
89 MAI MIMATIC $ 0.995
$ 12.02M
$ 12.02 million
-0.09%
90 USDM USDM $ 0.996
$ 12.00M
$ 12.00 million
+0.39%
91 Hylo USD HYUSD $ 1.000
$ 10.86M
$ 10.86 million
+0.02%
92 USDA USDA $ 0.987
$ 10.03M
$ 10.03 million
-1.37%
93 USDz USDZ $ 0.977
$ 7.58M
$ 7.58 million
-0.16%
94 Mento Euro CEUR $ 1.13
$ 6.89M
$ 6.89 million
+0.50%
95 Schuman EURØP EUROP $ 1.14
$ 6.74M
$ 6.74 million
+0.24%
96 Resupply RSUP $ 0.0681
$ 4.75M
$ 4.75 million
-0.05%
97 USDKG USDKG $ 1.00
$ 3.00M
$ 3.00 million
+0.01%
98 Tokenised GBP TGBP $ 1.34
$ 2.58M
$ 2.58 million
+0.07%
99 AUDD AUDD $ 0.694
$ 2.57M
$ 2.57 million
+0.03%
100 Neutrino Index XTN $ 0.0489
$ 2.54M
$ 2.54 million
+3.87%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Binance USD BUSD $ 1.00
$ 55.86M
$ 55.86 million
+2.87%
PAX Gold PAXG $ 4,111.95
$ 1.85B
$ 1.85 billion
+0.94%
TerraClassicUSD USTC $ 0.00561
$ 31.29M
$ 31.29 million
+0.77%
Resolv RESOLV $ 0.0225
$ 9.63M
$ 9.63 million
+0.60%
EURITE EURI $ 1.14
$ 37.73M
$ 37.73 million
+0.18%
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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