Stablecoins

237 coins #11 Page 3

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

101 HAI Index Token HAI $ 1.35
$ 1.68M
$ 1.68 million
-0.49%
102 Sigma Money BNBUSD $ 0.997
$ 1.57M
$ 1.57 million
+0.24%
103 Parallel PAR $ 1.21
$ 1.56M
$ 1.56 million
-0.33%
104 Wrapped A7A5 1.0 wA7A5 $ 0.0136
$ 1.44M
$ 1.44 million
+0.11%
105 USDH USDH $ 0.998
$ 1.42M
$ 1.42 million
+0.03%
106 Stable Coin SBC $ 1.000
$ 1.15M
$ 1.15 million
-0.57%
107 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
108 Wrapped USTC USTC $ 0.00901
$ 801,619
$ 801,619
+0.43%
109 UAH eStable UAHe $ 0.0231
$ 556,120
$ 556,120
+1.19%
110 Mitosis Matrix USDT (Lista) MAUSDT_LISTA $ 0.998
$ 324,935
$ 324,935
-0.15%
111 UXD Stablecoin UXD $ 1.03
$ 311,384
$ 311,384
-0.04%
112 Fathom Protocol FXD $ 0.868
$ 257,892
$ 257,892
+1.98%
113 BOB BOB $ 1.000
$ 221,276
$ 221,276
-0.02%
114 Frax USD frxUSD $ 1.000
$ 199,278
$ 199,278
-0.01%
115 USD+ USD+ $ 1.00
$ 170,666
$ 170,666
-0.01%
116 AXCNH AXCNH $ 0.145
$ 144,800
$ 144,800
+0.21%
117 MAI MIMATIC $ 0.00973
$ 126,884
$ 126,884
-0.52%
118 Monster Slayer Cash MSC $ 0.0164
$ 111,093
$ 111,093
-1.12%
119 Dephaser JPY JPYT $ 0.00631
$ 86,394
$ 86,394
+0.01%
120 CLP Coin CLPC $ 0.00112
$ 15,626
$ 15,626
+0.19%
121 ARYZE eGBP EGBP $ 1.35
$ 10,814
$ 10,814
-0.06%
122 GMONEY COIN GMC $ 0.000155
$ 7,730
$ 7,730
+0.00%
123 XUSD Stable XUSD $ 0.140
$ 1,031
$ 1,031
+0.00%
124 EUR Neutrino EURN $ --
$ --
$ --
--%
125 BiLira TRYB $ --
$ --
$ --
--%
126 Frapped USDT fUSDT $ --
$ --
$ --
--%
127 xDAI XDAI $ 0.993
$ --
$ --
+0.89%
128 Zetos ZES $ --
$ --
$ --
--%
129 Iron BSC IRON $ --
$ --
$ --
--%
130 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
131 JPYC JPYC $ --
$ --
$ --
--%
132 GYEN GYEN $ --
$ --
$ --
--%
133 BRCP TOKEN BRCP $ --
$ --
$ --
--%
134 Dopple DOP $ --
$ --
$ --
--%
135 Fei Protocol FEI $ --
$ --
$ --
--%
136 wrapped JAXNET WJXN $ --
$ --
$ --
--%
137 oneBTC ONEBTC $ --
$ --
$ --
--%
138 ZEDXION USDZ $ --
$ --
$ --
--%
139 Meter Stable MTR $ 0.340
$ --
$ --
-3.95%
140 One Cash ONC $ --
$ --
$ --
--%
141 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
142 Basis Gold Share BAGS $ --
$ --
$ --
--%
143 xDollar Stablecoin XUSD $ --
$ --
$ --
--%
144 SpiceUSD USDS $ --
$ --
$ --
--%
145 Num ARS NUARS $ --
$ --
$ --
--%
146 USDX [Kava] USDX $ --
$ --
$ --
--%
147 Midas Dollar MDO $ --
$ --
$ --
--%
148 Midas Dollar Share MDS $ --
$ --
$ --
--%
149 One Basis OBS $ --
$ --
$ --
--%
150 Wault USD WUSD $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
Resolv RESOLV $ 0.0959
$ 35.85M
$ 35.85 million
+28.07%
Reservoir DAM $ 0.0355
$ 12.09M
$ 12.09 million
+5.82%
PAX Gold PAXG $ 5,181.13
$ 2.58B
$ 2.58 billion
+1.73%
EURC EURC $ 1.16
$ 442.65M
$ 442.65 million
+0.38%
USDS USDS $ 0.999
$ 10.74B
$ 10.74 billion
+0.36%
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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