Stablecoins

268 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 Schuman EURØP EUROP $ 1.16
$ 6.86M
$ 6.86 million
+0.20%
102 Resupply RSUP $ 0.0942
$ 6.55M
$ 6.55 million
+22.50%
103 GYEN GYEN $ 0.00632
$ 6.09M
$ 6.09 million
+0.62%
104 SPUSD SPUSD $ 0.967
$ 5.67M
$ 5.67 million
-3.63%
105 Neutrino Index XTN $ 0.0772
$ 4.01M
$ 4.01 million
+6.74%
106 Wrapped FRAX WFRAX $ 0.419
$ 3.74M
$ 3.74 million
+1.42%
107 Decentralized Euro DEURO $ 1.16
$ 3.28M
$ 3.28 million
-0.14%
108 USDKG USDKG $ 1.00
$ 3.00M
$ 3.00 million
-0.03%
109 ckUSDT CKUSDT $ 1.000
$ 2.88M
$ 2.88 million
-0.04%
110 AUDD AUDD $ 0.710
$ 2.63M
$ 2.63 million
+0.12%
111 Tokenised GBP TGBP $ 1.34
$ 2.58M
$ 2.58 million
+0.25%
112 USD Open Dollar USDO $ 0.00178
$ 1.83M
$ 1.83 million
-5.35%
113 USC Stablecoin USC $ 1.00
$ 1.74M
$ 1.74 million
-0.05%
114 HAI Index Token HAI $ 1.32
$ 1.65M
$ 1.65 million
+0.12%
115 Parallel PAR $ 1.24
$ 1.60M
$ 1.60 million
+1.41%
116 Wrapped A7A5 1.0 wA7A5 $ 0.0146
$ 1.55M
$ 1.55 million
+5.61%
117 USDH USDH $ 0.997
$ 1.23M
$ 1.23 million
+0.01%
118 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.07%
119 Aussie Dollar Token AUDX $ 0.713
$ 1.03M
$ 1.03 million
+0.20%
120 Meta USD MUSD $ 1.00
$ 921,393
$ 921,393
+0.23%
121 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
122 Wrapped USTC USTC $ 0.00912
$ 811,147
$ 811,147
+3.73%
123 MYRC MYRC $ 0.251
$ 777,711
$ 777,711
-0.31%
124 Osmosis allUSDT USDT $ 1.00
$ 671,221
$ 671,221
-0.02%
125 Auryn AU $ 0.00958
$ 670,418
$ 670,418
+2.56%
126 UAH eStable UAHe $ 0.0227
$ 546,098
$ 546,098
+0.00%
127 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
128 UXD Stablecoin UXD $ 1.00
$ 298,389
$ 298,389
-0.00%
129 Fathom Protocol FXD $ 1.00
$ 298,063
$ 298,063
+0.19%
130 USDT+ USDT+ $ 1.000
$ 238,375
$ 238,375
-0.03%
131 BOB BOB $ 1.00
$ 221,466
$ 221,466
+0.01%
132 Frax USD frxUSD $ 1.000
$ 199,344
$ 199,344
+0.01%
133 USD+ USD+ $ 1.00
$ 170,640
$ 170,640
-0.02%
134 AXCNH AXCNH $ 0.147
$ 146,600
$ 146,600
+0.00%
135 Monster Slayer Cash MSC $ 0.0166
$ 112,309
$ 112,309
+1.51%
136 Frontier Stable Token FRNT $ 1.000
$ 94,981
$ 94,981
-0.01%
137 VNX Euro VEUR $ 1.16
$ 80,483
$ 80,483
+0.06%
138 USDp USDp $ 1.000
$ 37,204
$ 37,204
+0.00%
139 Us Dollar Indonesia USDi $ 0.995
$ 21,362
$ 21,362
-0.34%
140 Midas Dollar MDO $ 0.0129
$ 18,341
$ 18,341
+4.32%
141 Decentralized USD USDD $ 0.963
$ 2,387
$ 2,387
+1.18%
142 XUSD Stable XUSD $ 0.0993
$ 730
$ 730
+0.00%
143 GGUSD GGUSD $ 1.00
$ 35
$ 35
+0.02%
144 Rupiah Token IDRT $ --
$ --
$ --
--%
145 EUR Neutrino EURN $ --
$ --
$ --
--%
146 Frapped USDT fUSDT $ --
$ --
$ --
--%
147 xDAI XDAI $ 0.996
$ --
$ --
+1.63%
148 Zetos ZES $ --
$ --
$ --
--%
149 Iron BSC IRON $ --
$ --
$ --
--%
150 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00632
$ 35.24M
$ 35.24 million
+4.13%
Resolv RESOLV $ 0.0296
$ 11.69M
$ 11.69 million
+1.74%
PAX Gold PAXG $ 4,523.69
$ 2.13B
$ 2.13 billion
+1.27%
Legacy Frax Dollar FRAX $ 0.998
$ 275.30M
$ 275.30 million
+0.59%
XSGD XSGD $ 0.783
$ 15.02M
$ 15.02 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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