Stablecoins

264 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 Price Market cap 24h

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

101 Schuman EURØP EUROP $ 1.17
$ 6.89M
$ 6.89 million
-0.39%
102 SPUSD SPUSD $ 0.984
$ 5.76M
$ 5.76 million
+12.01%
103 Resupply RSUP $ 0.0791
$ 5.52M
$ 5.52 million
-3.21%
104 Neutrino Index XTN $ 0.0803
$ 4.17M
$ 4.17 million
+4.31%
105 Wrapped FRAX WFRAX $ 0.467
$ 4.17M
$ 4.17 million
-4.81%
106 Decentralized Euro DEURO $ 1.17
$ 3.31M
$ 3.31 million
-0.11%
107 USDKG USDKG $ 1.000
$ 3.00M
$ 3.00 million
-0.18%
108 ckUSDT CKUSDT $ 0.998
$ 2.90M
$ 2.90 million
-0.30%
109 AUDD AUDD $ 0.725
$ 2.68M
$ 2.68 million
+0.32%
110 Tokenised GBP TGBP $ 1.35
$ 2.60M
$ 2.60 million
-0.09%
111 USD Open Dollar USDO $ 0.00188
$ 1.92M
$ 1.92 million
+4.38%
112 USC Stablecoin USC $ 0.995
$ 1.73M
$ 1.73 million
-0.68%
113 HAI Index Token HAI $ 1.32
$ 1.65M
$ 1.65 million
-0.26%
114 Parallel PAR $ 1.20
$ 1.54M
$ 1.54 million
-2.45%
115 Wrapped A7A5 1.0 wA7A5 $ 0.0143
$ 1.51M
$ 1.51 million
-0.44%
116 USDH USDH $ 0.997
$ 1.23M
$ 1.23 million
+0.02%
117 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.02%
118 Aussie Dollar Token AUDX $ 0.725
$ 1.05M
$ 1.05 million
+0.22%
119 Tether MXNt MXNT $ 0.0459
$ 918,000
$ 918,000
+0.00%
120 Wrapped USTC USTC $ 0.0100
$ 891,655
$ 891,655
-3.97%
121 MYRC MYRC $ 0.252
$ 781,394
$ 781,394
-0.18%
122 Osmosis allUSDT USDT $ 1.000
$ 670,958
$ 670,958
-0.02%
123 UAH eStable UAHe $ 0.0227
$ 545,974
$ 545,974
-0.07%
124 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
125 UXD Stablecoin UXD $ 1.00
$ 298,379
$ 298,379
-0.02%
126 Fathom Protocol FXD $ 1.00
$ 296,935
$ 296,935
-0.02%
127 BOB BOB $ 1.00
$ 221,362
$ 221,362
+16.38%
128 Frax USD frxUSD $ 1.000
$ 199,300
$ 199,300
-0.03%
129 USD+ USD+ $ 1.000
$ 170,623
$ 170,623
-0.00%
130 AXCNH AXCNH $ 0.147
$ 147,000
$ 147,000
+0.00%
131 Monster Slayer Cash MSC $ 0.0159
$ 107,434
$ 107,434
-0.76%
132 Frontier Stable Token FRNT $ 1.000
$ 94,993
$ 94,993
+0.13%
133 USDp USDp $ 1.000
$ 37,200
$ 37,200
-0.01%
134 CLP Coin CLPC $ 0.00111
$ 16,747
$ 16,747
-0.45%
135 Midas Dollar MDO $ 0.0118
$ 16,702
$ 16,702
+1.13%
136 GMONEY COIN GMC $ 0.000258
$ 12,925
$ 12,925
+0.00%
137 Tregrity USD USD.I $ 0.0₆648
$ 7,777
$ 7,777
+80.27%
138 XUSD Stable XUSD $ 0.0993
$ 730
$ 730
+0.00%
139 TON Bridged USDC JUSDC $ 0.999
$ 65
$ 65
-0.92%
140 EUR Neutrino EURN $ --
$ --
$ --
--%
141 BiLira TRYB $ --
$ --
$ --
--%
142 Frapped USDT fUSDT $ --
$ --
$ --
--%
143 xDAI XDAI $ 1.000
$ --
$ --
-0.12%
144 Zetos ZES $ --
$ --
$ --
--%
145 Iron BSC IRON $ --
$ --
$ --
--%
146 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
147 GYEN GYEN $ --
$ --
$ --
--%
148 Celo Dollar CUSD $ --
$ --
$ --
--%
149 BRCP TOKEN BRCP $ --
$ --
$ --
--%
150 wrapped JAXNET WJXN $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
Reservoir DAM $ 0.0130
$ 5.04M
$ 5.04 million
+9.58%
Binance USD BUSD $ 0.869
$ 48.50M
$ 48.50 million
+3.32%
USD Base Coin USDBC $ 1.01
$ 7.15M
$ 7.15 million
+1.83%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.10M
$ 5.10 million
+0.41%
Agora AUSD $ 1.00
$ 139.02M
$ 139.02 million
+0.30%
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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