Stablecoins

298 coins #12 Page 3

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 Live Price Market cap 24h

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

101 Hylo USD HYUSD $ 1.00
$ 10.89M
$ 10.89 million
+0.09%
102 USDA USDA $ 1.00
$ 10.19M
$ 10.19 million
-1.29%
103 USDz USDZ $ 0.978
$ 7.59M
$ 7.59 million
+0.01%
104 Mento Euro CEUR $ 1.13
$ 6.89M
$ 6.89 million
+0.00%
105 Schuman EURØP EUROP $ 1.15
$ 6.76M
$ 6.76 million
+0.41%
106 GYEN GYEN $ 0.00615
$ 5.93M
$ 5.93 million
+0.00%
107 Resupply RSUP $ 0.0683
$ 4.75M
$ 4.75 million
+5.89%
108 USDKG USDKG $ 1.00
$ 3.00M
$ 3.00 million
-0.01%
109 Tokenised GBP TGBP $ 1.35
$ 2.60M
$ 2.60 million
+0.87%
110 AUDD AUDD $ 0.698
$ 2.58M
$ 2.58 million
-0.17%
111 Wrapped FRAX WFRAX $ 0.259
$ 2.37M
$ 2.37 million
+4.35%
112 Neutrino Index XTN $ 0.0406
$ 2.11M
$ 2.11 million
-10.60%
113 USDCx (Movement) USDCx $ 0.996
$ 2.09M
$ 2.09 million
+0.00%
114 ckUSDT CKUSDT $ 1.000
$ 2.07M
$ 2.07 million
-0.06%
115 USC Stablecoin USC $ 1.01
$ 1.76M
$ 1.76 million
+0.19%
116 Parallel PAR $ 1.22
$ 1.56M
$ 1.56 million
-0.83%
117 Wrapped A7A5 1.0 wA7A5 $ 0.0140
$ 1.55M
$ 1.55 million
+0.58%
118 Auryn AU $ 0.0181
$ 1.26M
$ 1.26 million
-2.44%
119 USDH USDH $ 0.997
$ 1.18M
$ 1.18 million
+0.04%
120 Stable Coin SBC $ 1.000
$ 1.15M
$ 1.15 million
-0.01%
121 Balance Coin BLC $ 0.995
$ 1.03M
$ 1.03 million
+0.16%
122 Aussie Dollar Token AUDX $ 0.699
$ 1.01M
$ 1.01 million
+0.26%
123 Meta USD MUSD $ 1.01
$ 928,294
$ 928,294
+0.85%
124 Wrapped USTC USTC $ 0.00894
$ 795,552
$ 795,552
+0.16%
125 MYRC MYRC $ 0.245
$ 760,116
$ 760,116
+0.41%
126 Osmosis allUSDT USDT $ 0.998
$ 669,855
$ 669,855
-0.06%
127 UAH eStable UAHe $ 0.0224
$ 537,904
$ 537,904
-0.09%
128 HAI Index Token HAI $ 1.28
$ 501,895
$ 501,895
+1.57%
129 Tether MXNt MXNT $ 0.0200
$ 400,000
$ 400,000
+0.00%
130 wrapped JAXNET WJXN $ 0.00496
$ 397,155
$ 397,155
-8.76%
131 Frax USD frxUSD $ 1.00
$ 334,510
$ 334,510
+0.02%
132 UXD Stablecoin UXD $ 1.00
$ 298,354
$ 298,354
+0.13%
133 Fathom Protocol FXD $ 0.960
$ 285,055
$ 285,055
+7.88%
134 BOB BOB $ 1.000
$ 221,293
$ 221,293
-0.10%
135 Usual EUR EUR0 $ 1.15
$ 219,039
$ 219,039
+0.26%
136 Meter Stable MTR $ 0.510
$ 199,895
$ 199,895
+5.85%
137 USD+ USD+ $ 1.00
$ 170,852
$ 170,852
+0.08%
138 AXCNH AXCNH $ 0.147
$ 147,200
$ 147,200
+0.00%
139 VNX British Pound VGBP $ 1.34
$ 120,717
$ 120,717
-0.00%
140 Monster Slayer Cash MSC $ 0.0153
$ 103,084
$ 103,084
-0.02%
141 Frontier Stable Token FRNT $ 1.000
$ 94,988
$ 94,988
+0.14%
142 QXMP QXMP $ 1.00
$ 75,382
$ 75,382
-0.18%
143 ARSe ARSe $ 0.000639
$ 63,892
$ 63,892
+0.01%
144 USD Open Dollar USDO $ 0.0000212
$ 21,743
$ 21,743
-98.70%
145 U.S. Dollar Payment Token USDPT $ 1.000
$ 21,571
$ 21,571
-0.00%
146 Us Dollar Indonesia USDi $ 1.00
$ 21,476
$ 21,476
-0.00%
147 Midas Dollar MDO $ 0.0128
$ 18,213
$ 18,213
+0.70%
148 CLP Coin CLPC $ 0.00108
$ 16,622
$ 16,622
-0.05%
149 XUSD Stable XUSD $ 0.250
$ 1,837
$ 1,837
+0.00%
150 QUSD Stablecoin QUSD $ 0.00217
$ 70
$ 70
-95.68%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.27B
$ 9.27 billion
+5.17%
Resolv RESOLV $ 0.0196
$ 8.39M
$ 8.39 million
+4.20%
Quantoz EURQ EURQ $ 1.13
$ 5.29M
$ 5.29 million
+0.53%
Ondo US Dollar Yield USDY $ 1.14
$ 2.16B
$ 2.16 billion
+0.28%
EURITE EURI $ 1.14
$ 37.73M
$ 37.73 million
+0.24%
All Gainers

Market Cap

$ -- --%
Pro Chart

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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