Stablecoins

258 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 Price Market cap 24h

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

51 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
-0.20%
52 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
-0.14%
53 XAUT0 XAUT $ 4,787.60
$ 883.16T
$ 883.16 trillion
-1.07%
54 Maya Preferred MPRD $ 176,862.95
$ 35.37T
$ 35.37 trillion
-0.73%
55 USDCX USDCX $ 0.999
$ 202.25B
$ 202.25 billion
+0.00%
56 Blynex USD USDB $ 1.00
$ 100.09B
$ 100.09 billion
+21.31%
57 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
58 Tedra USD 2.0 USD.T $ 0.109
$ 10.94B
$ 10.94 billion
-89.06%
59 Hyper USD USDHL $ 1.00
$ 8.91B
$ 8.91 billion
+1.03%
60 Savings USDS SUSDS $ 2.48
$ 5.60B
$ 5.60 billion
-5.71%
61 Lydia USAD $ 1.00
$ 2.17B
$ 2.17 billion
-0.04%
62 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
+0.00%
63 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
+0.00%
64 DXBDT DXBDT $ 1.000
$ 999.83M
$ 999.83 million
-0.01%
65 Royal Dollar RUSD $ 1.000
$ 999.59M
$ 999.59 million
-0.05%
66 USAD USAD $ 0.999
$ 993.61M
$ 993.61 million
-0.30%
67 GUSD GUSD $ 0.999
$ 319.81M
$ 319.81 million
-0.03%
68 Frax USD FRXUSD $ 2.49
$ 264.08M
$ 264.08 million
-4.17%
69 Staked USDai SUSDAI $ 1.08
$ 253.07M
$ 253.07 million
+0.04%
70 infiniFi USD iUSD $ 1.000
$ 182.70M
$ 182.70 million
+0.04%
71 DOLA DOLA $ 2.31
$ 157.43M
$ 157.43 million
-7.78%
72 Strata Senior USDe srUSDe $ 1.01
$ 145.48M
$ 145.48 million
+0.09%
73 Noble Dollar USDN $ 0.999
$ 114.82M
$ 114.82 million
-0.04%
74 Sonic USD SCUSD $ 2.50
$ 106.27M
$ 106.27 million
-4.20%
75 MNEE USD Stablecoin MNEE $ 1.00
$ 101.80M
$ 101.80 million
+0.00%
76 Fidelity Digital Dollar FIDD $ 1.000
$ 59.58M
$ 59.58 million
+0.15%
77 Electronic USD eUSD $ 2.00
$ 57.88M
$ 57.88 million
+30.72%
78 EUR CoinVertible EURCV $ 1.18
$ 56.62M
$ 56.62 million
-0.29%
79 USD Neutrino USDN $ 0.0819
$ 52.25M
$ 52.25 million
+9.98%
80 OSL Group’s U.S. dollar USDGO $ 1.000
$ 49.99M
$ 49.99 million
-0.00%
81 Hylo USD HYUSD $ 0.999
$ 33.33M
$ 33.33 million
+0.02%
82 XT Stablecoin XTUSD $ 1.000
$ 32.79M
$ 32.79 million
-0.01%
83 Silver Token XAGX $ 80.78
$ 20.20M
$ 20.20 million
-1.30%
84 JPYC JPYC $ 0.00719
$ 17.70M
$ 17.70 million
-1.62%
85 JPY Coin JPYC $ 0.00709
$ 16.66M
$ 16.66 million
-0.83%
86 Mai Stablecoin (BASE) MAI $ 0.992
$ 12.80M
$ 12.80 million
+0.00%
87 eSui Dollar suiUSDe $ 0.994
$ 12.26M
$ 12.26 million
-0.11%
88 MAI MIMATIC $ 0.994
$ 12.22M
$ 12.22 million
+0.13%
89 USDM USDM $ 0.988
$ 11.89M
$ 11.89 million
-1.16%
90 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.02%
91 USDA USDA $ 1.00
$ 10.15M
$ 10.15 million
+1.06%
92 FUSD FUSD $ 1.00
$ 9.51M
$ 9.51 million
-0.00%
93 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
94 USDz USDZ $ 0.990
$ 7.68M
$ 7.68 million
-0.07%
95 Celo Euro CEUR $ 1.18
$ 7.15M
$ 7.15 million
-0.22%
96 Schuman EURØP EUROP $ 1.18
$ 6.93M
$ 6.93 million
-0.19%
97 Resupply RSUP $ 0.0979
$ 6.81M
$ 6.81 million
-4.13%
98 SPUSD SPUSD $ 1.00
$ 5.89M
$ 5.89 million
+0.19%
99 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.09M
$ 5.09 million
-0.10%
100 Wrapped FRAX WFRAX $ 0.465
$ 4.18M
$ 4.18 million
+4.00%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
TerraClassicUSD USTC $ 0.00550
$ 30.68M
$ 30.68 million
+1.18%
StablR Euro EURR $ 1.16
$ 13.05M
$ 13.05 million
+0.28%
USD Base Coin USDBC $ 1.00
$ 7.13M
$ 7.13 million
+0.23%
Gemini dollar GUSD $ 1.00
$ 35.69M
$ 35.69 million
+0.09%
Quantoz USDQ USDQ $ 0.999
$ 6.01M
$ 6.01 million
+0.02%
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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