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

# Coins Price Market cap 24h

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

101 Decentralized Euro DEURO $ 1.17
$ 3.30M
$ 3.30 million
-0.14%
102 ckUSDT CKUSDT $ 0.999
$ 2.91M
$ 2.91 million
+0.01%
103 AUDD AUDD $ 0.713
$ 2.64M
$ 2.64 million
+0.00%
104 Tokenised GBP TGBP $ 1.35
$ 2.59M
$ 2.59 million
-0.25%
105 USD Open Dollar USDO $ 0.00186
$ 1.91M
$ 1.91 million
-0.31%
106 Meta USD MUSD $ 1.00
$ 1.76M
$ 1.76 million
+0.08%
107 USC Stablecoin USC $ 1.00
$ 1.74M
$ 1.74 million
+0.33%
108 HAI Index Token HAI $ 1.33
$ 1.66M
$ 1.66 million
-0.39%
109 Parallel PAR $ 1.23
$ 1.58M
$ 1.58 million
+1.04%
110 Wrapped A7A5 1.0 wA7A5 $ 0.0136
$ 1.44M
$ 1.44 million
-0.65%
111 USDH USDH $ 0.997
$ 1.23M
$ 1.23 million
+0.02%
112 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.05%
113 Balance Coin BLC $ 0.997
$ 1.03M
$ 1.03 million
-0.06%
114 Tether MXNt MXNT $ 0.0450
$ 899,400
$ 899,400
-2.22%
115 MYRC MYRC $ 0.250
$ 776,084
$ 776,084
-0.06%
116 Auryn AU $ 0.0109
$ 766,287
$ 766,287
-23.50%
117 Wrapped USTC USTC $ 0.00829
$ 737,263
$ 737,263
-0.02%
118 Osmosis allUSDT USDT $ 0.999
$ 670,538
$ 670,538
-0.05%
119 UAH eStable UAHe $ 0.0227
$ 545,602
$ 545,602
-0.02%
120 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
121 UXD Stablecoin UXD $ 1.00
$ 298,726
$ 298,726
-0.09%
122 Fathom Protocol FXD $ 0.977
$ 290,017
$ 290,017
+0.62%
123 BOB BOB $ 1.00
$ 221,412
$ 221,412
+0.09%
124 Frax USD frxUSD $ 1.00
$ 199,462
$ 199,462
+0.08%
125 USD+ USD+ $ 0.999
$ 170,498
$ 170,498
+0.01%
126 AXCNH AXCNH $ 0.146
$ 146,200
$ 146,200
-0.14%
127 Monster Slayer Cash MSC $ 0.0165
$ 111,420
$ 111,420
-0.11%
128 Frontier Stable Token FRNT $ 1.000
$ 94,993
$ 94,993
-0.04%
129 Dephaser JPY JPYT $ 0.00622
$ 85,144
$ 85,144
-0.00%
130 VNX Euro VEUR $ 1.17
$ 81,015
$ 81,015
-0.07%
131 CLP Coin CLPC $ 0.00113
$ 17,056
$ 17,056
+0.22%
132 XUSD Stable XUSD $ 0.0993
$ 730
$ 730
-91.81%
133 GGUSD GGUSD $ 0.999
$ 35
$ 35
-0.02%
134 EUR Neutrino EURN $ --
$ --
$ --
--%
135 Frapped USDT fUSDT $ --
$ --
$ --
--%
136 xDAI XDAI $ 0.961
$ --
$ --
-1.15%
137 Zetos ZES $ --
$ --
$ --
--%
138 Iron BSC IRON $ --
$ --
$ --
--%
139 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
140 JPYC JPYC $ --
$ --
$ --
--%
141 GYEN GYEN $ --
$ --
$ --
--%
142 BRCP TOKEN BRCP $ --
$ --
$ --
--%
143 Dopple DOP $ --
$ --
$ --
--%
144 Fei Protocol FEI $ --
$ --
$ --
--%
145 Euro Tether EURT $ --
$ --
$ --
--%
146 wrapped JAXNET WJXN $ --
$ --
$ --
--%
147 GMONEY COIN GMC $ --
$ --
$ --
--%
148 oneBTC ONEBTC $ --
$ --
$ --
--%
149 ZEDXION USDZ $ --
$ --
$ --
--%
150 Meter Stable MTR $ 0.345
$ --
$ --
-1.20%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
TerraClassicUSD USTC $ 0.00587
$ 32.76M
$ 32.76 million
+9.89%
Resolv RESOLV $ 0.0301
$ 11.46M
$ 11.46 million
+1.66%
USD Base Coin USDBC $ 0.998
$ 7.17M
$ 7.17 million
+0.26%
StablR Euro EURR $ 1.16
$ 12.99M
$ 12.99 million
+0.17%
Agora AUSD $ 1.000
$ 143.37M
$ 143.37 million
+0.11%
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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