Stablecoins

314 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 Precious Metals USD pmUSD $ 0.599
$ 5.74M
$ 5.74 million
-2.59%
102 AUDD AUDD $ 0.702
$ 3.05M
$ 3.05 million
-1.02%
103 Wrapped FRAX WFRAX $ 0.298
$ 2.73M
$ 2.73 million
+5.01%
104 Tokenised GBP TGBP $ 1.36
$ 2.62M
$ 2.62 million
+0.17%
105 USD Open Dollar USDO $ 0.00184
$ 1.89M
$ 1.89 million
+10.67%
106 ckUSDT CKUSDT $ 1.00
$ 1.85M
$ 1.85 million
-0.05%
107 Parallel PAR $ 1.25
$ 1.58M
$ 1.58 million
+2.17%
108 ckUSDC CKUSDC $ 1.00
$ 1.48M
$ 1.48 million
-0.19%
109 Wrapped A7A5 1.0 wA7A5 $ 0.0137
$ 1.34M
$ 1.34 million
+1.33%
110 Stable Coin SBC $ 1.000
$ 1.31M
$ 1.31 million
+0.04%
111 Auryn AU $ 0.0180
$ 1.26M
$ 1.26 million
+2.68%
112 Aussie Dollar Token AUDX $ 0.713
$ 1.17M
$ 1.17 million
+0.54%
113 USDH USDH $ 0.995
$ 1.12M
$ 1.12 million
-0.14%
114 Neutrino Index XTN $ 0.0180
$ 937,073
$ 937,073
-99.45%
115 MYRC MYRC $ 0.245
$ 759,115
$ 759,115
+0.66%
116 Wrapped USTC USTC $ 0.00799
$ 710,833
$ 710,833
+0.40%
117 USD+ USD+ $ 0.999
$ 707,639
$ 707,639
-0.03%
118 Osmosis allUSDT USDT $ 0.998
$ 669,741
$ 669,741
-0.02%
119 UAH eStable UAHe $ 0.0222
$ 533,246
$ 533,246
-0.31%
120 wrapped JAXNET WJXN $ 0.00597
$ 477,718
$ 477,718
+6.13%
121 HAI Index Token HAI $ 1.31
$ 428,426
$ 428,426
+4.76%
122 Tether MXNt MXNT $ 0.0200
$ 400,000
$ 400,000
+0.00%
123 USD DWIN USDW $ 0.00126
$ 354,672
$ 354,672
+221.35%
124 Frax USD frxUSD $ 1.00
$ 341,769
$ 341,769
+0.01%
125 UXD Stablecoin UXD $ 1.00
$ 298,217
$ 298,217
+0.08%
126 Usual EUR EUR0 $ 1.17
$ 223,988
$ 223,988
+0.84%
127 BOB BOB $ 1.00
$ 221,592
$ 221,592
+0.04%
128 AXCNH AXCNH $ 0.148
$ 147,600
$ 147,600
+0.00%
129 Monster Slayer Cash MSC $ 0.0166
$ 111,878
$ 111,878
+4.95%
130 Meter Stable MTR $ 0.274
$ 107,410
$ 107,410
+2.70%
131 VNX British Pound VGBP $ 1.34
$ 97,174
$ 97,174
+0.00%
132 Frontier Stable Token FRNT $ 1.00
$ 95,012
$ 95,012
+0.00%
133 ARSe ARSe $ 0.000639
$ 63,923
$ 63,923
+1.33%
134 U.S. Dollar Payment Token USDPT $ 1.00
$ 21,598
$ 21,598
-0.01%
135 Us Dollar Indonesia USDi $ 1.00
$ 21,476
$ 21,476
+0.00%
136 Midas Dollar MDO $ 0.0129
$ 18,369
$ 18,369
+0.64%
137 CLP Coin CLPC $ 0.00108
$ 17,004
$ 17,004
+0.18%
138 Midas Dollar Share MDS $ 0.877
$ 15,904
$ 15,904
-0.02%
139 EUROe Stablecoin EUROE $ 0.234
$ 4,791
$ 4,791
-77.50%
140 Decentralized USD USDD $ 1.000
$ 2,479
$ 2,479
-0.01%
141 Zetos ZES $ 0.00714
$ 714
$ 714
+2.48%
142 USD X20 USD.x $ 0.0₉282
$ 282
$ 282
+20.67%
143 GGUSD GGUSD $ 1.000
$ 35
$ 35
-0.00%
144 Frapped USDT fUSDT $ 1.02
$ 0
$ 0
-0.40%
145 AllUnity CHF CHFAU $ 1.25
$ 0
$ 0
--%
146 CryptoFranc XCHF $ --
$ --
$ --
--%
147 Rupiah Token IDRT $ --
$ --
$ --
--%
148 EUR Neutrino EURN $ --
$ --
$ --
--%
149 Bucket Protocol BUCK Stablecoin BUCK $ --
$ --
$ --
--%
150 Reserve RSV $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00511
$ 28.51M
$ 28.51 million
+5.48%
Resolv RESOLV $ 0.0181
$ 8.28M
$ 8.28 million
+4.28%
Quantoz EURQ EURQ $ 1.15
$ 5.32M
$ 5.32 million
+2.99%
Bitshares BTS $ 0.00114
$ 3.37M
$ 3.37 million
+1.22%
Quantoz USDQ USDQ $ 0.991
$ 5.68M
$ 5.68 million
+0.31%
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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