Stablecoins

254 coins #11 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 Price Market cap 24h

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

101 USDKG USDKG $ 1.01
$ 3.02M
$ 3.02 million
+0.43%
102 Sigma Money BNBUSD $ 1.90
$ 2.98M
$ 2.98 million
+90.00%
103 AUDD AUDD $ 0.692
$ 2.56M
$ 2.56 million
+0.47%
104 Tokenised GBP TGBP $ 1.33
$ 2.55M
$ 2.55 million
+0.46%
105 Plume USD pUSD $ 524.75
$ 1.81M
$ 1.81 million
+3.52%
106 USD Open Dollar USDO $ 0.00172
$ 1.76M
$ 1.76 million
+0.84%
107 USC Stablecoin USC $ 1.01
$ 1.74M
$ 1.74 million
-0.16%
108 HAI Index Token HAI $ 1.32
$ 1.66M
$ 1.66 million
+0.17%
109 Parallel PAR $ 1.22
$ 1.57M
$ 1.57 million
-8.57%
110 Wrapped A7A5 1.0 wA7A5 $ 0.0136
$ 1.44M
$ 1.44 million
+0.63%
111 USDH USDH $ 0.997
$ 1.23M
$ 1.23 million
-0.16%
112 Balance Coin BLC $ 0.996
$ 1.03M
$ 1.03 million
-0.13%
113 Aussie Dollar Token AUDX $ 0.690
$ 996,802
$ 996,802
-0.00%
114 MYRC MYRC $ 0.248
$ 770,075
$ 770,075
+0.14%
115 Wrapped USTC USTC $ 0.00845
$ 751,148
$ 751,148
+0.26%
116 Auryn AU $ 0.0102
$ 716,164
$ 716,164
-7.70%
117 Osmosis allUSDT USDT $ 1.00
$ 671,414
$ 671,414
+0.08%
118 UAH eStable UAHe $ 0.0234
$ 561,154
$ 561,154
-0.41%
119 Tether MXNt MXNT $ 0.0250
$ 500,000
$ 500,000
+0.00%
120 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
121 UXD Stablecoin UXD $ 1.00
$ 299,085
$ 299,085
+0.02%
122 JPYC JPYC $ 0.000101
$ 249,263
$ 249,263
-98.21%
123 BOB BOB $ 1.00
$ 221,386
$ 221,386
+0.06%
124 Fathom Protocol FXD $ 0.677
$ 200,945
$ 200,945
+0.78%
125 Frax USD frxUSD $ 1.00
$ 199,370
$ 199,370
+0.02%
126 USD+ USD+ $ 1.00
$ 170,660
$ 170,660
+0.01%
127 AXCNH AXCNH $ 0.145
$ 145,300
$ 145,300
+0.00%
128 Monster Slayer Cash MSC $ 0.0159
$ 107,205
$ 107,205
+1.67%
129 Frontier Stable Token FRNT $ 1.000
$ 94,993
$ 94,993
+0.13%
130 Dephaser JPY JPYT $ 0.00621
$ 84,942
$ 84,942
-0.00%
131 VNX Euro VEUR $ 1.15
$ 79,825
$ 79,825
-0.10%
132 Midas Dollar MDO $ 0.0129
$ 18,315
$ 18,315
+0.07%
133 AURO Finance AURO $ 0.000212
$ 15,904
$ 15,904
+3.20%
134 GMONEY COIN GMC $ 0.000257
$ 12,875
$ 12,875
+1.18%
135 XUSD Stable XUSD $ 0.204
$ 1,502
$ 1,502
+0.00%
136 EUR Neutrino EURN $ --
$ --
$ --
--%
137 BiLira TRYB $ --
$ --
$ --
--%
138 Frapped USDT fUSDT $ --
$ --
$ --
--%
139 xDAI XDAI $ 0.991
$ --
$ --
+0.03%
140 Zetos ZES $ --
$ --
$ --
--%
141 Iron BSC IRON $ --
$ --
$ --
--%
142 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
143 GYEN GYEN $ --
$ --
$ --
--%
144 BRCP TOKEN BRCP $ --
$ --
$ --
--%
145 Euro Tether EURT $ --
$ --
$ --
--%
146 wrapped JAXNET WJXN $ --
$ --
$ --
--%
147 ZEDXION USDZ $ --
$ --
$ --
--%
148 Meter Stable MTR $ 0.352
$ --
$ --
+1.65%
149 One Cash ONC $ --
$ --
$ --
--%
150 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
TerraClassicUSD USTC $ 0.00465
$ 25.94M
$ 25.94 million
+6.66%
Reservoir DAM $ 0.0519
$ 17.67M
$ 17.67 million
+0.89%
PAX Gold PAXG $ 4,680.72
$ 2.41B
$ 2.41 billion
+0.82%
Binance-Peg BSC-USD BSC-USD $ 1.000
$ 9.01B
$ 9.01 billion
+0.36%
EURC EURC $ 1.16
$ 412.39M
$ 412.39 million
+0.33%
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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