Stablecoins

288 coins #12 Page 3

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

# Coins Live Price Market cap 24h

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

101 Schuman EURØP EUROP $ 1.14
$ 6.73M
$ 6.73 million
+0.05%
102 GYEN GYEN $ 0.00620
$ 5.98M
$ 5.98 million
+0.55%
103 Resupply RSUP $ 0.0688
$ 4.78M
$ 4.78 million
-0.72%
104 Tokenised GBP TGBP $ 1.34
$ 2.58M
$ 2.58 million
+0.40%
105 AUDD AUDD $ 0.694
$ 2.57M
$ 2.57 million
+0.20%
106 ckUSDT CKUSDT $ 1.00
$ 2.37M
$ 2.37 million
+0.03%
107 Neutrino Index XTN $ 0.0436
$ 2.26M
$ 2.26 million
-0.11%
108 Wrapped FRAX WFRAX $ 0.233
$ 2.13M
$ 2.13 million
+0.09%
109 USC Stablecoin USC $ 1.01
$ 1.75M
$ 1.75 million
-0.11%
110 USD Open Dollar USDO $ 0.00154
$ 1.57M
$ 1.57 million
-5.84%
111 Parallel PAR $ 1.22
$ 1.57M
$ 1.57 million
+0.46%
112 Wrapped A7A5 1.0 wA7A5 $ 0.0141
$ 1.56M
$ 1.56 million
+0.17%
113 Stable Coin SBC $ 1.000
$ 1.15M
$ 1.15 million
-0.01%
114 Auryn AU $ 0.0162
$ 1.14M
$ 1.14 million
+5.91%
115 Aussie Dollar Token AUDX $ 0.694
$ 1.00M
$ 1.00 million
+0.02%
116 Wrapped USTC USTC $ 0.00936
$ 832,585
$ 832,585
+0.28%
117 MYRC MYRC $ 0.244
$ 755,711
$ 755,711
-0.40%
118 Osmosis allUSDT USDT $ 0.999
$ 670,278
$ 670,278
-0.54%
119 UAH eStable UAHe $ 0.0225
$ 539,960
$ 539,960
-0.00%
120 HAI Index Token HAI $ 1.29
$ 505,811
$ 505,811
-1.41%
121 wrapped JAXNET WJXN $ 0.00506
$ 404,620
$ 404,620
-5.26%
122 Tether MXNt MXNT $ 0.0200
$ 400,000
$ 400,000
+0.00%
123 Frax USD frxUSD $ 0.999
$ 333,973
$ 333,973
-0.10%
124 UXD Stablecoin UXD $ 1.00
$ 298,397
$ 298,397
+0.04%
125 Fathom Protocol FXD $ 0.889
$ 263,937
$ 263,937
-1.73%
126 BOB BOB $ 1.00
$ 221,650
$ 221,650
+0.08%
127 Usual EUR EUR0 $ 1.14
$ 218,602
$ 218,602
+0.06%
128 Meter Stable MTR $ 0.444
$ 173,885
$ 173,885
-10.20%
129 USD+ USD+ $ 1.00
$ 170,744
$ 170,744
+0.02%
130 AXCNH AXCNH $ 0.147
$ 146,800
$ 146,800
+0.00%
131 Monster Slayer Cash MSC $ 0.0158
$ 106,842
$ 106,842
+5.42%
132 Frontier Stable Token FRNT $ 1.00
$ 95,056
$ 95,056
+0.07%
133 USDp USDp $ 0.999
$ 80,799
$ 80,799
-0.08%
134 U.S. Dollar Payment Token USDPT $ 0.998
$ 21,544
$ 21,544
--%
135 Us Dollar Indonesia USDi $ 1.00
$ 21,476
$ 21,476
-0.00%
136 Midas Dollar MDO $ 0.0123
$ 17,506
$ 17,506
-3.34%
137 CLP Coin CLPC $ 0.00108
$ 16,628
$ 16,628
+0.11%
138 Midas Dollar Share MDS $ 0.905
$ 16,422
$ 16,422
-0.55%
139 Iron BSC IRON $ 0.0111
$ 4,650
$ 4,650
-0.16%
140 Decentralized USD USDD $ 1.000
$ 2,479
$ 2,479
-0.01%
141 XUSD Stable XUSD $ 0.250
$ 1,837
$ 1,837
+0.00%
142 QUSD Stablecoin QUSD $ 0.0513
$ 1,659
$ 1,659
+4.22%
143 Zetos ZES $ 0.00871
$ 871
$ 871
+2.34%
144 TON Bridged USDC JUSDC $ 0.990
$ 64
$ 64
+3.19%
145 GGUSD GGUSD $ 1.000
$ 35
$ 35
-0.01%
146 Frapped USDT fUSDT $ 1.09
$ 0
$ 0
+5.99%
147 Rupiah Token IDRT $ --
$ --
$ --
--%
148 EUR Neutrino EURN $ --
$ --
$ --
--%
149 xDAI XDAI $ --
$ --
$ --
--%
150 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00573
$ 31.92M
$ 31.92 million
+3.39%
Resolv RESOLV $ 0.0219
$ 9.38M
$ 9.38 million
+0.97%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.28B
$ 9.28 billion
+0.90%
Binance USD BUSD $ 1.00
$ 56.43M
$ 56.43 million
+0.74%
Legacy Frax Dollar FRAX $ 0.992
$ 237.54M
$ 237.54 million
+0.20%
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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