Stablecoins

274 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 Live Price Market cap 24h

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

101 GYEN GYEN $ 0.00627
$ 6.04M
$ 6.04 million
+0.00%
102 SPUSD SPUSD $ 1.00
$ 5.87M
$ 5.87 million
+0.03%
103 Resupply RSUP $ 0.0737
$ 5.12M
$ 5.12 million
-2.38%
104 Neutrino Index XTN $ 0.0597
$ 3.10M
$ 3.10 million
-4.55%
105 Wrapped FRAX WFRAX $ 0.344
$ 3.07M
$ 3.07 million
-8.58%
106 USDKG USDKG $ 0.965
$ 2.89M
$ 2.89 million
-3.00%
107 ckUSDT CKUSDT $ 1.00
$ 2.89M
$ 2.89 million
-0.28%
108 AUDD AUDD $ 0.709
$ 2.62M
$ 2.62 million
-0.14%
109 Tokenised GBP TGBP $ 1.34
$ 2.58M
$ 2.58 million
-0.30%
110 USD Open Dollar USDO $ 0.00171
$ 1.75M
$ 1.75 million
-2.53%
111 USC Stablecoin USC $ 1.00
$ 1.74M
$ 1.74 million
+0.15%
112 HAI Index Token HAI $ 1.30
$ 1.63M
$ 1.63 million
+1.81%
113 Parallel PAR $ 1.24
$ 1.59M
$ 1.59 million
+2.08%
114 Wrapped A7A5 1.0 wA7A5 $ 0.0145
$ 1.54M
$ 1.54 million
-0.55%
115 USDH USDH $ 0.996
$ 1.23M
$ 1.23 million
+0.00%
116 Stable Coin SBC $ 1.000
$ 1.15M
$ 1.15 million
+0.01%
117 Aussie Dollar Token AUDX $ 0.713
$ 1.03M
$ 1.03 million
-0.60%
118 Wrapped USTC USTC $ 0.0104
$ 927,086
$ 927,086
-0.87%
119 Meta USD MUSD $ 1.00
$ 922,381
$ 922,381
+0.17%
120 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
121 MYRC MYRC $ 0.252
$ 780,267
$ 780,267
-0.49%
122 Osmosis allUSDT USDT $ 1.000
$ 671,007
$ 671,007
+0.02%
123 UAH eStable UAHe $ 0.0228
$ 546,844
$ 546,844
+0.10%
124 wrapped JAXNET WJXN $ 0.00585
$ 468,235
$ 468,235
-5.75%
125 Auryn AU $ 0.00478
$ 334,335
$ 334,335
-13.92%
126 UXD Stablecoin UXD $ 1.00
$ 298,438
$ 298,438
+0.02%
127 Fathom Protocol FXD $ 1.05
$ 267,877
$ 267,877
-9.91%
128 BOB BOB $ 1.00
$ 221,581
$ 221,581
+0.13%
129 Frax USD frxUSD $ 0.999
$ 199,232
$ 199,232
-0.04%
130 USD+ USD+ $ 1.00
$ 170,820
$ 170,820
-0.00%
131 Meter Stable MTR $ 0.430
$ 168,479
$ 168,479
-0.23%
132 AXCNH AXCNH $ 0.148
$ 147,800
$ 147,800
+0.00%
133 Monster Slayer Cash MSC $ 0.0161
$ 108,594
$ 108,594
-2.41%
134 Frontier Stable Token FRNT $ 1.000
$ 94,993
$ 94,993
+0.13%
135 ARSe ARSe $ 0.000655
$ 65,457
$ 65,457
-1.17%
136 Midas Dollar MDO $ 0.0130
$ 18,422
$ 18,422
-0.12%
137 Midas Dollar Share MDS $ 0.926
$ 16,794
$ 16,794
-0.32%
138 GMONEY COIN GMC $ 0.000258
$ 12,925
$ 12,925
+0.27%
139 Iron BSC IRON $ 0.0113
$ 4,709
$ 4,709
+0.08%
140 Decentralized USD USDD $ 1.00
$ 2,487
$ 2,487
+0.36%
141 XUSD Stable XUSD $ 0.0993
$ 730
$ 730
+0.00%
142 GGUSD GGUSD $ 1.00
$ 35
$ 35
-0.01%
143 Rupiah Token IDRT $ --
$ --
$ --
--%
144 EUR Neutrino EURN $ --
$ --
$ --
--%
145 Frapped USDT fUSDT $ --
$ --
$ --
--%
146 xDAI XDAI $ 0.980
$ --
$ --
-2.01%
147 Zetos ZES $ --
$ --
$ --
--%
148 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
149 BRCP TOKEN BRCP $ --
$ --
$ --
--%
150 One Cash ONC $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
World Liberty Financial USD USD1 $ 1.00
$ 4.56B
$ 4.56 billion
+0.53%
Legacy Frax Dollar FRAX $ 0.998
$ 275.38M
$ 275.38 million
+0.40%
TrueUSD TUSD $ 1.00
$ 495.35M
$ 495.35 million
+0.23%
USDS USDS $ 1.00
$ 10.97B
$ 10.97 billion
+0.12%
PAX Gold PAXG $ 4,472.70
$ 2.06B
$ 2.06 billion
+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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