Stablecoins

260 coins #11 Page 3

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

Download
# Coins Price Market cap 24h

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

101 SPUSD SPUSD $ 1.11
$ 6.48M
$ 6.48 million
-5.35%
102 Resupply RSUP $ 0.0858
$ 5.96M
$ 5.96 million
+0.71%
103 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.08M
$ 5.08 million
+0.14%
104 Wrapped FRAX WFRAX $ 0.464
$ 4.15M
$ 4.15 million
-0.13%
105 Decentralized Euro DEURO $ 1.17
$ 3.31M
$ 3.31 million
+0.11%
106 USDKG USDKG $ 1.000
$ 3.00M
$ 3.00 million
+0.93%
107 ckUSDT CKUSDT $ 1.00
$ 2.91M
$ 2.91 million
+0.06%
108 AUDD AUDD $ 0.720
$ 2.67M
$ 2.67 million
+0.33%
109 Tokenised GBP TGBP $ 1.36
$ 2.61M
$ 2.61 million
+0.22%
110 Meta USD MUSD $ 1.00
$ 1.76M
$ 1.76 million
-0.30%
111 USC Stablecoin USC $ 1.00
$ 1.73M
$ 1.73 million
-0.06%
112 HAI Index Token HAI $ 1.33
$ 1.66M
$ 1.66 million
+0.60%
113 Parallel PAR $ 1.24
$ 1.60M
$ 1.60 million
+0.52%
114 USDH USDH $ 0.997
$ 1.23M
$ 1.23 million
+0.02%
115 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.79%
116 Tether MXNt MXNT $ 0.0459
$ 918,000
$ 918,000
+0.00%
117 Wrapped USTC USTC $ 0.00919
$ 817,636
$ 817,636
+3.45%
118 MYRC MYRC $ 0.253
$ 784,892
$ 784,892
+0.24%
119 Osmosis allUSDT USDT $ 0.999
$ 670,491
$ 670,491
-0.02%
120 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
121 UXD Stablecoin UXD $ 1.00
$ 298,483
$ 298,483
-0.00%
122 Fathom Protocol FXD $ 1.00
$ 297,974
$ 297,974
-0.83%
123 BOB BOB $ 1.000
$ 221,343
$ 221,343
+0.74%
124 Frax USD frxUSD $ 1.00
$ 199,410
$ 199,410
+0.00%
125 USD+ USD+ $ 1.000
$ 170,618
$ 170,618
+0.00%
126 AXCNH AXCNH $ 0.146
$ 146,000
$ 146,000
+0.00%
127 VNX Euro VEUR $ 1.17
$ 81,230
$ 81,230
+0.08%
128 ARSe ARSe $ 0.000675
$ 67,536
$ 67,536
+0.67%
129 XUSD Stable XUSD $ 0.0993
$ 730
$ 730
+0.00%
130 EUR Neutrino EURN $ --
$ --
$ --
--%
131 BiLira TRYB $ --
$ --
$ --
--%
132 Frapped USDT fUSDT $ --
$ --
$ --
--%
133 xDAI XDAI $ 0.995
$ --
$ --
+6.61%
134 Zetos ZES $ --
$ --
$ --
--%
135 Iron BSC IRON $ --
$ --
$ --
--%
136 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
137 GYEN GYEN $ --
$ --
$ --
--%
138 Celo Dollar CUSD $ --
$ --
$ --
--%
139 BRCP TOKEN BRCP $ --
$ --
$ --
--%
140 Dopple DOP $ --
$ --
$ --
--%
141 Euro Tether EURT $ --
$ --
$ --
--%
142 wrapped JAXNET WJXN $ --
$ --
$ --
--%
143 GMONEY COIN GMC $ --
$ --
$ --
--%
144 oneBTC ONEBTC $ --
$ --
$ --
--%
145 Meter Stable MTR $ 0.362
$ --
$ --
+4.95%
146 One Cash ONC $ --
$ --
$ --
--%
147 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
148 Basis Gold Share BAGS $ --
$ --
$ --
--%
149 xDollar Stablecoin XUSD $ --
$ --
$ --
--%
150 SpiceUSD USDS $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.01
$ 9.11B
$ 9.11 billion
+2.97%
Dai DAI $ 0.998
$ 5.16B
$ 5.16 billion
+0.34%
StablR USD USDR $ 1.000
$ 6.52M
$ 6.52 million
+0.26%
PAX Gold PAXG $ 4,607.49
$ 2.21B
$ 2.21 billion
+0.22%
Agora AUSD $ 1.00
$ 143.33M
$ 143.33 million
+0.10%
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.

Useful / Related Links