Stablecoins

267 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 Vai VAI $ 0.993
$ 2.54M
$ 2.54 million
+1.91%
52 Rupiah Token IDRT $ 0.0000384
$ 1.72M
$ 1.72 million
-29.98%
53 Level USD LVLUSD $ 0.992
$ 965,214
$ 965,214
-0.77%
54 deUSD DEUSD $ 0.000885
$ 109,217
$ 109,217
+16.27%
55 AetherUSD USDA $ 1.01
$ 18.45
$ 18.45
+0.00%
56 XAUT0 XAUT $ 4,533.90
$ 836.36T
$ 836.36 trillion
+0.26%
57 Maya Preferred MPRD $ 154,340.98
$ 30.87T
$ 30.87 trillion
+3.84%
58 USDCX USDCX $ 1.00
$ 202.41B
$ 202.41 billion
+0.00%
59 Blynex USD USDB $ 0.996
$ 99.57B
$ 99.57 billion
+5.43%
60 ZEDXION USDZ $ 0.998
$ 86.82B
$ 86.82 billion
-0.02%
61 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
-0.00%
62 Tether USD Bridged Wormhole USDTR $ 1.12
$ 30.25B
$ 30.25 billion
+15.19%
63 Hyper USD USDHL $ 0.997
$ 8.86B
$ 8.86 billion
+0.58%
64 Savings USDS SUSDS $ 3.30
$ 6.01B
$ 6.01 billion
-2.23%
65 Royal Euro REUR $ 1.16
$ 5.81B
$ 5.81 billion
-0.03%
66 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.00%
67 Verified Stable Dollar VSD $ 1.000
$ 1.42B
$ 1.42 billion
-0.00%
68 USAD USAD $ 0.966
$ 1.02B
$ 1.02 billion
+2.12%
69 Trivest USDI USDI $ 1.00
$ 1.00B
$ 1.00 billion
-0.01%
70 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.01%
71 USDai USDAI $ 1.00
$ 516.39M
$ 516.39 million
-0.00%
72 GUSD GUSD $ 0.999
$ 319.77M
$ 319.77 million
-0.08%
73 Frax USD FRXUSD $ 3.01
$ 318.48M
$ 318.48 million
-2.42%
74 Staked USDai SUSDAI $ 1.09
$ 254.49M
$ 254.49 million
-0.03%
75 DOLA DOLA $ 2.98
$ 195.11M
$ 195.11 million
+0.73%
76 infiniFi USD iUSD $ 0.999
$ 182.57M
$ 182.57 million
-0.05%
77 Tether Fund USD.F $ 0.00155
$ 154.70M
$ 154.70 million
-10.92%
78 Sonic USD SCUSD $ 3.00
$ 127.78M
$ 127.78 million
-3.82%
79 MNEE USD Stablecoin MNEE $ 1.000
$ 101.78M
$ 101.78 million
-0.01%
80 Electronic USD eUSD $ 2.96
$ 85.74M
$ 85.74 million
-2.67%
81 NXUSD NXUSD $ 1.04
$ 74.35M
$ 74.35 million
+0.83%
82 EUR CoinVertible EURCV $ 1.16
$ 55.97M
$ 55.97 million
+0.06%
83 OSL Group’s U.S. dollar USDGO $ 1.00
$ 50.01M
$ 50.01 million
-0.02%
84 XT Stablecoin XTUSD $ 1.00
$ 32.81M
$ 32.81 million
-0.00%
85 Precious Metals USD pmUSD $ 2.69
$ 25.75M
$ 25.75 million
-0.81%
86 Silver Token XAGX $ 75.89
$ 18.97M
$ 18.97 million
-0.04%
87 JPYC JPYC $ 0.00702
$ 17.29M
$ 17.29 million
-1.25%
88 JPY Coin JPYC $ 0.00733
$ 17.23M
$ 17.23 million
-0.90%
89 USD Universal USDU $ 1.00
$ 15.56M
$ 15.56 million
-0.00%
90 Hylo USD HYUSD $ 1.00
$ 14.57M
$ 14.57 million
-0.04%
91 eSui Dollar suiUSDe $ 1.01
$ 14.00M
$ 14.00 million
+0.85%
92 Mai Stablecoin (BASE) MAI $ 1.00
$ 12.93M
$ 12.93 million
+0.45%
93 MAI MIMATIC $ 0.985
$ 11.98M
$ 11.98 million
+0.27%
94 USDM USDM $ 0.994
$ 11.96M
$ 11.96 million
-0.39%
95 Jupiter USD JupUSD $ 1.000
$ 11.70M
$ 11.70 million
+0.01%
96 USDA USDA $ 0.998
$ 10.13M
$ 10.13 million
+0.78%
97 FUSD FUSD $ 1.00
$ 9.60M
$ 9.60 million
+0.07%
98 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
99 USDz USDZ $ 0.979
$ 7.59M
$ 7.59 million
+0.02%
100 Celo Euro CEUR $ 1.16
$ 7.02M
$ 7.02 million
+0.01%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
Binance USD BUSD $ 1.01
$ 56.12M
$ 56.12 million
+3.32%
Reservoir DAM $ 0.0138
$ 5.37M
$ 5.37 million
+2.51%
Resolv RESOLV $ 0.0305
$ 12.00M
$ 12.00 million
+1.98%
PAX Gold PAXG $ 4,538.29
$ 2.13B
$ 2.13 billion
+0.21%
Dai DAI $ 1.00
$ 5.14B
$ 5.14 billion
+0.12%
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