Stablecoins

255 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 ckUSDT CKUSDT $ 1.000
$ 3.29M
$ 3.29 million
+0.05%
102 USDKG USDKG $ 1.01
$ 3.02M
$ 3.02 million
+0.75%
103 AUDD AUDD $ 0.705
$ 2.61M
$ 2.61 million
+0.38%
104 Tokenised GBP TGBP $ 1.34
$ 2.57M
$ 2.57 million
-0.18%
105 USD Open Dollar USDO $ 0.00172
$ 1.76M
$ 1.76 million
+0.12%
106 USC Stablecoin USC $ 1.00
$ 1.74M
$ 1.74 million
+0.42%
107 HAI Index Token HAI $ 1.33
$ 1.66M
$ 1.66 million
+0.83%
108 Parallel PAR $ 1.24
$ 1.59M
$ 1.59 million
+1.21%
109 Plume USD pUSD $ 435.92
$ 1.51M
$ 1.51 million
+47.03%
110 Wrapped A7A5 1.0 wA7A5 $ 0.0137
$ 1.45M
$ 1.45 million
+1.31%
111 USDH USDH $ 0.998
$ 1.23M
$ 1.23 million
+0.02%
112 Stable Coin SBC $ 0.989
$ 1.14M
$ 1.14 million
-0.96%
113 Balance Coin BLC $ 0.995
$ 1.03M
$ 1.03 million
-0.43%
114 Aussie Dollar Token AUDX $ 0.708
$ 1.02M
$ 1.02 million
+0.31%
115 MYRC MYRC $ 0.249
$ 772,095
$ 772,095
-0.26%
116 Wrapped USTC USTC $ 0.00846
$ 752,177
$ 752,177
+0.24%
117 Osmosis allUSDT USDT $ 0.999
$ 670,731
$ 670,731
-0.01%
118 Auryn AU $ 0.00939
$ 657,490
$ 657,490
-11.04%
119 UAH eStable UAHe $ 0.0230
$ 551,490
$ 551,490
-0.60%
120 Tether MXNt MXNT $ 0.0250
$ 500,000
$ 500,000
+0.00%
121 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
122 UXD Stablecoin UXD $ 1.00
$ 299,060
$ 299,060
+0.02%
123 Fathom Protocol FXD $ 0.871
$ 258,524
$ 258,524
+19.95%
124 BOB BOB $ 1.000
$ 221,320
$ 221,320
+0.03%
125 Frax USD frxUSD $ 1.000
$ 199,367
$ 199,367
-0.00%
126 USD+ USD+ $ 0.999
$ 170,533
$ 170,533
-0.03%
127 AXCNH AXCNH $ 0.147
$ 146,600
$ 146,600
+0.14%
128 Monster Slayer Cash MSC $ 0.0159
$ 107,202
$ 107,202
-0.22%
129 Frontier Stable Token FRNT $ 0.999
$ 94,869
$ 94,869
+0.00%
130 Dephaser JPY JPYT $ 0.00626
$ 85,719
$ 85,719
+0.78%
131 VNX Euro VEUR $ 1.17
$ 80,981
$ 80,981
+0.37%
132 Midas Dollar MDO $ 0.0129
$ 18,368
$ 18,368
+0.26%
133 Decentralized USD USDD $ 1.00
$ 2,481
$ 2,481
-0.21%
134 XUSD Stable XUSD $ 0.204
$ 1,502
$ 1,502
+0.00%
135 GGUSD GGUSD $ 1.000
$ 35
$ 35
-0.00%
136 Rupiah Token IDRT $ --
$ --
$ --
--%
137 EUR Neutrino EURN $ --
$ --
$ --
--%
138 BiLira TRYB $ --
$ --
$ --
--%
139 Frapped USDT fUSDT $ --
$ --
$ --
--%
140 xDAI XDAI $ 0.981
$ --
$ --
-1.04%
141 Zetos ZES $ --
$ --
$ --
--%
142 Iron BSC IRON $ --
$ --
$ --
--%
143 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
144 BRCP TOKEN BRCP $ --
$ --
$ --
--%
145 wrapped JAXNET WJXN $ --
$ --
$ --
--%
146 GMONEY COIN GMC $ --
$ --
$ --
--%
147 Meter Stable MTR $ 0.352
$ --
$ --
-0.23%
148 One Cash ONC $ --
$ --
$ --
--%
149 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
150 Basis Gold Share BAGS $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
PAX Gold PAXG $ 4,759.60
$ 2.45B
$ 2.45 billion
+1.16%
USD Base Coin USDBC $ 1.01
$ 7.10M
$ 7.10 million
+0.88%
EURITE EURI $ 1.17
$ 48.46M
$ 48.46 million
+0.41%
EURC EURC $ 1.17
$ 415.11M
$ 415.11 million
+0.37%
Quantoz USDQ USDQ $ 1.000
$ 6.01M
$ 6.01 million
+0.24%
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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