Stablecoins

258 coins #11 Page 3

Stablecoins are digital currencies backed by things like regular money or commodities, which means they have a steady value. More

Download
# Coins Price Market cap 24h

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

101 Vesta Stable VST $ 7.89
$ 5.87M
$ 5.87 million
-0.05%
102 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.10M
$ 5.10 million
+0.28%
103 Wrapped FRAX WFRAX $ 0.471
$ 4.23M
$ 4.23 million
-7.44%
104 Decentralized Euro DEURO $ 1.18
$ 3.33M
$ 3.33 million
+0.24%
105 ckUSDT CKUSDT $ 1.000
$ 2.91M
$ 2.91 million
-0.01%
106 AUDD AUDD $ 0.718
$ 2.66M
$ 2.66 million
+0.63%
107 Tokenised GBP TGBP $ 1.35
$ 2.60M
$ 2.60 million
+0.15%
108 Meta USD MUSD $ 1.01
$ 1.77M
$ 1.77 million
+0.51%
109 USC Stablecoin USC $ 1.01
$ 1.75M
$ 1.75 million
+0.13%
110 HAI Index Token HAI $ 1.33
$ 1.66M
$ 1.66 million
-0.34%
111 Parallel PAR $ 1.24
$ 1.59M
$ 1.59 million
+1.21%
112 Wrapped A7A5 1.0 wA7A5 $ 0.0136
$ 1.45M
$ 1.45 million
-0.15%
113 USDH USDH $ 0.998
$ 1.23M
$ 1.23 million
+0.13%
114 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.06%
115 Aussie Dollar Token AUDX $ 0.717
$ 1.04M
$ 1.04 million
+0.48%
116 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
117 Auryn AU $ 0.0122
$ 854,285
$ 854,285
-10.89%
118 Wrapped USTC USTC $ 0.00831
$ 739,516
$ 739,516
+1.01%
119 Osmosis allUSDT USDT $ 1.000
$ 671,066
$ 671,066
+0.06%
120 UAH eStable UAHe $ 0.0228
$ 548,468
$ 548,468
+0.11%
121 wrapped JAXNET WJXN $ 0.00615
$ 492,017
$ 492,017
+1.28%
122 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
123 UXD Stablecoin UXD $ 1.00
$ 299,040
$ 299,040
-0.02%
124 Fathom Protocol FXD $ 0.924
$ 274,476
$ 274,476
+12.40%
125 BOB BOB $ 1.00
$ 221,374
$ 221,374
+0.08%
126 Frax USD frxUSD $ 1.000
$ 199,319
$ 199,319
-0.00%
127 USD+ USD+ $ 1.00
$ 170,867
$ 170,867
+0.34%
128 AXCNH AXCNH $ 0.147
$ 147,200
$ 147,200
+0.00%
129 Monster Slayer Cash MSC $ 0.0163
$ 110,289
$ 110,289
+1.25%
130 Dephaser JPY JPYT $ 0.00623
$ 85,199
$ 85,199
+0.00%
131 VNX Euro VEUR $ 1.18
$ 81,537
$ 81,537
+0.22%
132 ARSe ARSe $ 0.000674
$ 67,438
$ 67,438
-2.47%
133 CLP Coin CLPC $ 0.00113
$ 17,044
$ 17,044
+0.07%
134 ARYZE eGBP EGBP $ 1.35
$ 10,808
$ 10,808
+0.05%
135 Decentralized USD USDD $ 0.999
$ 2,477
$ 2,477
-0.02%
136 XUSD Stable XUSD $ 0.0993
$ 730
$ 730
+0.00%
137 GGUSD GGUSD $ 0.999
$ 35
$ 35
-0.01%
138 Rupiah Token IDRT $ --
$ --
$ --
--%
139 EUR Neutrino EURN $ --
$ --
$ --
--%
140 BiLira TRYB $ --
$ --
$ --
--%
141 Frapped USDT fUSDT $ --
$ --
$ --
--%
142 xDAI XDAI $ 0.856
$ --
$ --
-7.26%
143 Zetos ZES $ --
$ --
$ --
--%
144 Iron BSC IRON $ --
$ --
$ --
--%
145 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
146 JPYC JPYC $ --
$ --
$ --
--%
147 GYEN GYEN $ --
$ --
$ --
--%
148 BRCP TOKEN BRCP $ --
$ --
$ --
--%
149 Fei Protocol FEI $ --
$ --
$ --
--%
150 Euro Tether EURT $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
TerraClassicUSD USTC $ 0.00527
$ 29.39M
$ 29.39 million
+3.70%
EURC EURC $ 1.18
$ 419.64M
$ 419.64 million
+0.31%
EURITE EURI $ 1.18
$ 48.72M
$ 48.72 million
+0.29%
PAX Gold PAXG $ 4,798.14
$ 2.35B
$ 2.35 billion
+0.20%
Agora AUSD $ 1.000
$ 144.84M
$ 144.84 million
+0.20%
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