Stablecoins

280 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 StablR Euro EURR $ 1.03
$ 11.46M
$ 11.46 million
-0.47%
52 StablR USD USDR $ 0.438
$ 9.34M
$ 9.34 million
+8.55%
53 Fei Protocol FEI $ 1.02
$ 3.49M
$ 3.49 million
+0.97%
54 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
-0.00%
55 Rupiah Token IDRT $ 0.0000557
$ 2.50M
$ 2.50 million
-2.89%
56 Euro Tether EURT $ 0.0568
$ 2.27M
$ 2.27 million
-4.45%
57 Dopple DOP $ 0.0192
$ 1.24M
$ 1.24 million
-0.43%
58 Reflexer Ungovernance Token FLX $ 0.995
$ 821,784
$ 821,784
-0.86%
59 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
60 XAUT0 XAUT $ 4,242.20
$ 782.55T
$ 782.55 trillion
-1.78%
61 Maya Preferred MPRD $ 168,407.95
$ 33.68T
$ 33.68 trillion
-0.16%
62 USDCX USDCX $ 1.00
$ 202.49B
$ 202.49 billion
+0.00%
63 ZEDXION USDZ $ 0.997
$ 86.80B
$ 86.80 billion
-0.03%
64 JUSD Stable Token JUSD $ 0.999
$ 49.96B
$ 49.96 billion
+0.00%
65 Savings USDS SUSDS $ 16.59
$ 46.18B
$ 46.18 billion
+11.50%
66 Royal Euro REUR $ 1.15
$ 5.75B
$ 5.75 billion
-0.92%
67 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
+0.02%
68 Verified Stable Dollar VSD $ 1.000
$ 1.72B
$ 1.72 billion
+0.00%
69 Frax USD FRXUSD $ 14.38
$ 1.52B
$ 1.52 billion
+6.12%
70 BFUSD BFUSD $ 1.000
$ 1.47B
$ 1.47 billion
-0.01%
71 USAD USAD $ 0.991
$ 1.12B
$ 1.12 billion
+0.20%
72 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.04%
73 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
74 DOLA DOLA $ 18.33
$ 938.02M
$ 938.02 million
+13.93%
75 Sonic USD SCUSD $ 14.40
$ 612.53M
$ 612.53 million
+7.20%
76 USDai USDAI $ 1.00
$ 516.41M
$ 516.41 million
+0.06%
77 USX USX $ 1.000
$ 501.04M
$ 501.04 million
+0.00%
78 Electronic USD eUSD $ 13.87
$ 401.94M
$ 401.94 million
+1.59%
79 GUSD GUSD $ 1.00
$ 320.15M
$ 320.15 million
+0.08%
80 Staked USDai SUSDAI $ 1.09
$ 255.85M
$ 255.85 million
+0.04%
81 Web 3 Dollar USD3 $ 16.47
$ 187.68M
$ 187.68 million
+345.88%
82 Strata Senior USDe srUSDe $ 1.02
$ 146.71M
$ 146.71 million
+0.26%
83 Precious Metals USD pmUSD $ 10.53
$ 100.71M
$ 100.71 million
+1.18%
84 NXUSD NXUSD $ 1.01
$ 72.45M
$ 72.45 million
+0.64%
85 EUR CoinVertible EURCV $ 1.15
$ 55.37M
$ 55.37 million
-1.00%
86 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.04M
$ 50.04 million
-0.02%
87 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
-0.02%
88 Silver Token XAGX $ 67.97
$ 16.99M
$ 16.99 million
-2.91%
89 JPY Coin JPYC $ 0.00713
$ 16.75M
$ 16.75 million
-0.27%
90 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
+0.01%
91 Hylo USD HYUSD $ 1.000
$ 14.91M
$ 14.91 million
-0.03%
92 eSui Dollar suiUSDe $ 0.991
$ 13.77M
$ 13.77 million
-2.72%
93 Mai Stablecoin (BASE) MAI $ 0.998
$ 12.89M
$ 12.89 million
+0.44%
94 USDM USDM $ 0.997
$ 12.00M
$ 12.00 million
+1.41%
95 MAI MIMATIC $ 0.990
$ 11.97M
$ 11.97 million
-0.03%
96 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.00%
97 oneBTC ONEBTC $ 0.984
$ 11.10M
$ 11.10 million
-1.58%
98 USDA USDA $ 1.01
$ 10.21M
$ 10.21 million
+0.71%
99 FUSD FUSD $ 1.00
$ 9.90M
$ 9.90 million
+0.14%
100 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Liquity USD LUSD $ 1.02
$ 36.24M
$ 36.24 million
+2.03%
Reservoir DAM $ 0.00961
$ 3.79M
$ 3.79 million
+1.53%
Binance USD BUSD $ 1.00
$ 55.95M
$ 55.95 million
+0.37%
PayPal USD PYUSD $ 1.00
$ 2.79B
$ 2.79 billion
+0.30%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.09M
$ 5.09 million
+0.21%
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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