Stablecoins

271 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 SPUSD SPUSD $ 1.00
$ 5.87M
$ 5.87 million
-0.24%
102 Resupply RSUP $ 0.0822
$ 5.71M
$ 5.71 million
-2.24%
103 Neutrino Index XTN $ 0.0661
$ 3.43M
$ 3.43 million
-10.70%
104 Wrapped FRAX WFRAX $ 0.383
$ 3.42M
$ 3.42 million
-3.42%
105 USDKG USDKG $ 0.993
$ 2.98M
$ 2.98 million
-0.80%
106 ckUSDT CKUSDT $ 0.993
$ 2.87M
$ 2.87 million
-0.53%
107 AUDD AUDD $ 0.712
$ 2.63M
$ 2.63 million
-0.54%
108 Tokenised GBP TGBP $ 1.34
$ 2.57M
$ 2.57 million
-0.58%
109 USD Open Dollar USDO $ 0.00176
$ 1.80M
$ 1.80 million
-2.35%
110 USC Stablecoin USC $ 1.00
$ 1.74M
$ 1.74 million
+0.25%
111 HAI Index Token HAI $ 1.30
$ 1.62M
$ 1.62 million
-0.35%
112 Wrapped A7A5 1.0 wA7A5 $ 0.0147
$ 1.56M
$ 1.56 million
+1.24%
113 Parallel PAR $ 1.20
$ 1.54M
$ 1.54 million
-1.65%
114 USDH USDH $ 0.997
$ 1.23M
$ 1.23 million
+0.02%
115 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
-0.00%
116 Wrapped USTC USTC $ 0.0104
$ 929,258
$ 929,258
+9.25%
117 Meta USD MUSD $ 0.999
$ 920,492
$ 920,492
+0.04%
118 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
119 MYRC MYRC $ 0.251
$ 779,059
$ 779,059
-0.27%
120 Osmosis allUSDT USDT $ 0.999
$ 670,793
$ 670,793
-0.08%
121 wrapped JAXNET WJXN $ 0.00625
$ 499,934
$ 499,934
-3.09%
122 Auryn AU $ 0.00660
$ 462,326
$ 462,326
-7.44%
123 UXD Stablecoin UXD $ 1.00
$ 298,445
$ 298,445
+0.02%
124 Fathom Protocol FXD $ 1.00
$ 297,944
$ 297,944
+0.22%
125 BOB BOB $ 1.00
$ 221,497
$ 221,497
-0.07%
126 Frax USD frxUSD $ 1.000
$ 199,295
$ 199,295
-0.03%
127 USD+ USD+ $ 1.00
$ 170,682
$ 170,682
-0.09%
128 AXCNH AXCNH $ 0.147
$ 147,100
$ 147,100
+0.00%
129 Monster Slayer Cash MSC $ 0.0165
$ 111,747
$ 111,747
-2.02%
130 VNX Euro VEUR $ 1.16
$ 80,382
$ 80,382
-0.19%
131 ARSe ARSe $ 0.000670
$ 67,047
$ 67,047
+0.09%
132 Colb USD USC $ 0.990
$ 39,594
$ 39,594
-0.24%
133 USDp USDp $ 1.000
$ 37,199
$ 37,199
-0.04%
134 Us Dollar Indonesia USDi $ 1.00
$ 21,477
$ 21,477
-0.00%
135 Midas Dollar MDO $ 0.0129
$ 18,402
$ 18,402
-0.24%
136 CLP Coin CLPC $ 0.00111
$ 16,860
$ 16,860
-0.25%
137 Decentralized USD USDD $ 0.999
$ 2,478
$ 2,478
+0.06%
138 XUSD Stable XUSD $ 0.0993
$ 730
$ 730
+0.00%
139 TON Bridged USDC JUSDC $ 0.926
$ 60
$ 60
-6.92%
140 GGUSD GGUSD $ 1.00
$ 35
$ 35
+0.02%
141 Rupiah Token IDRT $ --
$ --
$ --
--%
142 EUR Neutrino EURN $ --
$ --
$ --
--%
143 Frapped USDT fUSDT $ --
$ --
$ --
--%
144 xDAI XDAI $ 0.968
$ --
$ --
-3.31%
145 Zetos ZES $ --
$ --
$ --
--%
146 Iron BSC IRON $ --
$ --
$ --
--%
147 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
148 GYEN GYEN $ --
$ --
$ --
--%
149 BRCP TOKEN BRCP $ --
$ --
$ --
--%
150 GMONEY COIN GMC $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Binance USD BUSD $ 1.00
$ 55.84M
$ 55.84 million
+0.66%
USDS USDS $ 1.00
$ 11.07B
$ 11.07 billion
+0.47%
Reservoir DAM $ 0.0124
$ 4.91M
$ 4.91 million
+0.26%
Agora AUSD $ 1.00
$ 130.11M
$ 130.11 million
+0.19%
World Liberty Financial USD USD1 $ 0.998
$ 4.56B
$ 4.56 billion
+0.07%
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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