Stablecoins

260 coins #11 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 Price Market cap 24h

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

51 AetherUSD USDA $ 1.00
$ 18.45
$ 18.45
-0.00%
52 XAUT0 XAUT $ 4,596.70
$ 847.94T
$ 847.94 trillion
-0.06%
53 Maya Preferred MPRD $ 176,408.33
$ 35.28T
$ 35.28 trillion
+0.73%
54 USDCX USDCX $ 1.00
$ 202.39B
$ 202.39 billion
+0.02%
55 Blynex USD USDB $ 0.989
$ 98.86B
$ 98.86 billion
+1.89%
56 ZEDXION USDZ $ 0.998
$ 86.86B
$ 86.86 billion
-0.02%
57 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
58 Tedra USD 2.0 USD.T $ 0.0808
$ 8.08B
$ 8.08 billion
-4.20%
59 Royal Euro REUR $ 1.17
$ 5.86B
$ 5.86 billion
+0.11%
60 Savings USDS SUSDS $ 1.90
$ 3.02B
$ 3.02 billion
-1.46%
61 Lydia USAD $ 1.00
$ 2.16B
$ 2.16 billion
+0.00%
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 USAD USAD $ 0.977
$ 1.03B
$ 1.03 billion
+2.73%
65 Royal Dollar RUSD $ 1.000
$ 999.97M
$ 999.97 million
-0.03%
66 DXBDT DXBDT $ 1.000
$ 999.92M
$ 999.92 million
+0.01%
67 USDai USDAI $ 1.00
$ 516.43M
$ 516.43 million
-0.03%
68 GUSD GUSD $ 1.00
$ 320.05M
$ 320.05 million
+0.09%
69 Staked USDai SUSDAI $ 1.08
$ 253.96M
$ 253.96 million
+0.02%
70 Frax USD FRXUSD $ 1.94
$ 205.78M
$ 205.78 million
-0.49%
71 infiniFi USD iUSD $ 1.000
$ 182.70M
$ 182.70 million
+0.01%
72 DOLA DOLA $ 1.77
$ 116.05M
$ 116.05 million
+0.34%
73 MNEE USD Stablecoin MNEE $ 1.000
$ 101.77M
$ 101.77 million
+0.08%
74 Sonic USD SCUSD $ 1.94
$ 82.60M
$ 82.60 million
-0.33%
75 NXUSD NXUSD $ 1.01
$ 72.37M
$ 72.37 million
+1.68%
76 EUR CoinVertible EURCV $ 1.17
$ 56.49M
$ 56.49 million
+0.02%
77 Electronic USD eUSD $ 1.95
$ 56.43M
$ 56.43 million
+2.58%
78 USDsui USDsui $ 1.00
$ 56.00M
$ 56.00 million
-0.11%
79 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.00M
$ 50.00 million
-0.03%
80 USD Neutrino USDN $ 0.0770
$ 49.13M
$ 49.13 million
-0.04%
81 XT Stablecoin XTUSD $ 1.00
$ 32.80M
$ 32.80 million
+0.01%
82 JPYC JPYC $ 0.00767
$ 18.88M
$ 18.88 million
+4.89%
83 Silver Token XAGX $ 75.38
$ 18.84M
$ 18.84 million
+0.03%
84 Precious Metals USD pmUSD $ 1.92
$ 18.35M
$ 18.35 million
-0.11%
85 USD Universal USDU $ 1.00
$ 15.55M
$ 15.55 million
-0.00%
86 Hylo USD HYUSD $ 1.000
$ 14.56M
$ 14.56 million
+0.04%
87 eSui Dollar suiUSDe $ 1.000
$ 13.87M
$ 13.87 million
-0.71%
88 MAI MIMATIC $ 0.989
$ 12.17M
$ 12.17 million
-0.10%
89 USDM USDM $ 1.00
$ 12.05M
$ 12.05 million
+0.34%
90 Jupiter USD JupUSD $ 1.00
$ 11.70M
$ 11.70 million
-0.02%
91 USDA USDA $ 0.995
$ 10.10M
$ 10.10 million
+0.56%
92 FUSD FUSD $ 1.000
$ 9.60M
$ 9.60 million
+0.00%
93 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%
94 USDz USDZ $ 0.984
$ 7.64M
$ 7.64 million
+0.05%
95 Celo Euro CEUR $ 1.15
$ 6.96M
$ 6.96 million
-2.04%
96 Schuman EURØP EUROP $ 1.17
$ 6.91M
$ 6.91 million
+0.16%
97 GYEN GYEN $ 0.00639
$ 6.16M
$ 6.16 million
+36.68%
98 Resupply RSUP $ 0.0850
$ 5.91M
$ 5.91 million
-0.58%
99 SPUSD SPUSD $ 1.00
$ 5.87M
$ 5.87 million
+1.09%
100 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.07M
$ 5.07 million
-0.07%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
TerraClassicUSD USTC $ 0.00715
$ 39.66M
$ 39.66 million
+7.12%
Binance-Peg BSC-USD BSC-USD $ 0.989
$ 8.89B
$ 8.89 billion
+1.50%
Binance USD BUSD $ 1.03
$ 57.44M
$ 57.44 million
+1.07%
PayPal USD PYUSD $ 1.000
$ 3.38B
$ 3.38 billion
+0.20%
Agora AUSD $ 1.00
$ 143.56M
$ 143.56 million
+0.10%
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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