Stablecoins

241 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 Price Market cap 24h

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

51 Dopple DOP $ 0.0211
$ 1.36M
$ 1.36 million
+0.98%
52 Level USD LVLUSD $ 1.000
$ 972,922
$ 972,922
-0.01%
53 XAUT0 XAUT $ 5,076.20
$ 936.39T
$ 936.39 trillion
-0.91%
54 Maya Preferred MPRD $ 99,585.30
$ 19.79T
$ 19.79 trillion
-0.36%
55 Tedra USD 2.0 USD.T $ 1.00
$ 100.03B
$ 100.03 billion
-9.08%
56 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
57 Tether USD Bridged Wormhole USDTR $ 1.01
$ 27.24B
$ 27.24 billion
--%
58 Hyper USD USDHL $ 0.993
$ 8.83B
$ 8.83 billion
-0.67%
59 Savings USDS SUSDS $ 2.60
$ 6.05B
$ 6.05 billion
+2.30%
60 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.01%
61 DXBDT DXBDT $ 1.000
$ 999.97M
$ 999.97 million
-0.01%
62 Royal Dollar RUSD $ 1.000
$ 999.64M
$ 999.64 million
-0.07%
63 USAD USAD $ 1.00
$ 882.74M
$ 882.74 million
+0.00%
64 GUSD GUSD $ 0.999
$ 319.64M
$ 319.64 million
-0.14%
65 USX USX $ 1.00
$ 319.23M
$ 319.23 million
+1.55%
66 Frax USD FRXUSD $ 2.89
$ 306.50M
$ 306.50 million
-3.99%
67 Staked USDai SUSDAI $ 1.07
$ 251.71M
$ 251.71 million
+0.00%
68 DOLA DOLA $ 2.92
$ 242.42M
$ 242.42 million
+0.58%
69 infiniFi USD iUSD $ 1.000
$ 182.69M
$ 182.69 million
-0.03%
70 Strata Senior USDe srUSDe $ 1.02
$ 146.37M
$ 146.37 million
-0.24%
71 Sonic USD SCUSD $ 2.90
$ 123.25M
$ 123.25 million
-2.36%
72 MNEE USD Stablecoin MNEE $ 1.00
$ 101.86M
$ 101.86 million
+0.08%
73 Fidelity Digital Dollar FIDD $ 1.00
$ 59.61M
$ 59.61 million
+0.71%
74 EUR CoinVertible EURCV $ 1.15
$ 55.41M
$ 55.41 million
-0.34%
75 OSL Group’s U.S. dollar USDGO $ 1.000
$ 50.00M
$ 50.00 million
-0.00%
76 USD Neutrino USDN $ 0.0666
$ 42.48M
$ 42.48 million
-6.58%
77 Hylo USD HYUSD $ 1.00
$ 33.41M
$ 33.41 million
+0.16%
78 XT Stablecoin XTUSD $ 1.00
$ 32.82M
$ 32.82 million
+0.08%
79 USEU USEU $ 0.00580
$ 29.00M
$ 29.00 million
-96.88%
80 Electronic USD eUSD $ 1.000
$ 28.98M
$ 28.98 million
+0.07%
81 Silver Token XAGX $ 82.73
$ 20.68M
$ 20.68 million
-3.32%
82 eSui Dollar suiUSDe $ 1.00
$ 12.84M
$ 12.84 million
+0.08%
83 USDM USDM $ 1.00
$ 12.04M
$ 12.04 million
-0.31%
84 Jupiter USD JupUSD $ 1.00
$ 11.71M
$ 11.71 million
-0.01%
85 Wrapped FRAX WFRAX $ 0.630
$ 11.65M
$ 11.65 million
-0.43%
86 oneBTC ONEBTC $ 0.996
$ 11.24M
$ 11.24 million
-0.02%
87 USDA USDA $ 1.01
$ 10.25M
$ 10.25 million
+0.84%
88 Resupply RSUP $ 0.130
$ 9.07M
$ 9.07 million
+2.07%
89 FUSD FUSD $ 1.00
$ 8.81M
$ 8.81 million
+0.01%
90 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%
91 USDz USDZ $ 0.994
$ 7.71M
$ 7.71 million
-0.01%
92 Celo Euro CEUR $ 1.16
$ 7.01M
$ 7.01 million
-0.42%
93 Schuman EURØP EUROP $ 1.15
$ 6.77M
$ 6.77 million
-0.39%
94 SPUSD SPUSD $ 1.01
$ 5.89M
$ 5.89 million
+0.32%
95 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.08M
$ 5.08 million
+1.52%
96 ckUSDT CKUSDT $ 0.999
$ 4.66M
$ 4.66 million
+0.04%
97 Meta USD MUSD $ 1.00
$ 3.82M
$ 3.82 million
+0.05%
98 Mezo USD MUSD $ 0.995
$ 3.25M
$ 3.25 million
+0.11%
99 Decentralized Euro DEURO $ 1.15
$ 3.24M
$ 3.24 million
-0.42%
100 USDKG USDKG $ 0.997
$ 2.99M
$ 2.99 million
-0.29%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
sUSD Synthetix SUSD $ 0.847
$ 44.69M
$ 44.69 million
+5.87%
TerraClassicUSD USTC $ 0.00505
$ 28.18M
$ 28.18 million
+1.57%
StablR USD USDR $ 1.000
$ 6.07M
$ 6.07 million
+0.40%
Dai DAI $ 1.00
$ 5.15B
$ 5.15 billion
+0.23%
USDS USDS $ 0.998
$ 11.16B
$ 11.16 billion
+0.15%
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.

Useful / Related Links