Stablecoins

312 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 eSui Dollar suiUSDe $ 0.996
$ 13.41M
$ 13.41 million
+0.25%
102 Hylo USD HYUSD $ 1.02
$ 13.37M
$ 13.37 million
+1.65%
103 USDM USDM $ 1.000
$ 12.03M
$ 12.03 million
+0.88%
104 MAI MIMATIC $ 0.993
$ 11.90M
$ 11.90 million
+0.52%
105 USDA USDA $ 0.998
$ 10.13M
$ 10.13 million
+0.31%
106 USDz USDZ $ 0.973
$ 7.54M
$ 7.54 million
+0.42%
107 Schuman EURØP EUROP $ 1.15
$ 6.79M
$ 6.79 million
+0.82%
108 Resupply RSUP $ 0.0881
$ 6.65M
$ 6.65 million
+4.57%
109 GYEN GYEN $ 0.00612
$ 5.90M
$ 5.90 million
+0.00%
110 Trivest USDI USDI $ 0.00366
$ 3.66M
$ 3.66 million
+0.00%
111 Precious Metals USD pmUSD $ 0.361
$ 3.45M
$ 3.45 million
-10.06%
112 USDKG USDKG $ 1.00
$ 3.00M
$ 3.00 million
+0.06%
113 AUDD AUDD $ 0.697
$ 3.00M
$ 3.00 million
+0.51%
114 Tokenised GBP TGBP $ 1.34
$ 2.57M
$ 2.57 million
+0.66%
115 Wrapped FRAX WFRAX $ 0.256
$ 2.34M
$ 2.34 million
+4.26%
116 ckUSDT CKUSDT $ 1.000
$ 2.07M
$ 2.07 million
+0.07%
117 Auryn AU $ 0.0242
$ 1.70M
$ 1.70 million
+2.85%
118 USD Open Dollar USDO $ 0.00162
$ 1.66M
$ 1.66 million
-0.29%
119 ckUSDC CKUSDC $ 0.996
$ 1.62M
$ 1.62 million
-0.03%
120 Parallel PAR $ 1.25
$ 1.58M
$ 1.58 million
+2.36%
121 Wrapped A7A5 1.0 wA7A5 $ 0.0137
$ 1.39M
$ 1.39 million
-0.64%
122 Stable Coin SBC $ 1.000
$ 1.31M
$ 1.31 million
+0.00%
123 Aussie Dollar Token AUDX $ 0.694
$ 1.00M
$ 1.00 million
-0.16%
124 Meta USD MUSD $ 1.00
$ 925,200
$ 925,200
+0.49%
125 MYRC MYRC $ 0.244
$ 756,981
$ 756,981
+0.52%
126 Wrapped USTC USTC $ 0.00818
$ 727,584
$ 727,584
+0.05%
127 USD+ USD+ $ 1.00
$ 708,775
$ 708,775
+0.08%
128 USDx USDX $ 1.03
$ 695,973
$ 695,973
+0.05%
129 Osmosis allUSDT USDT $ 0.999
$ 670,234
$ 670,234
-98.80%
130 Staked USDz SUSDZ $ 1.19
$ 543,527
$ 543,527
-0.10%
131 UAH eStable UAHe $ 0.0223
$ 536,342
$ 536,342
+0.00%
132 HAI Index Token HAI $ 1.28
$ 448,508
$ 448,508
+4.14%
133 wrapped JAXNET WJXN $ 0.00543
$ 434,704
$ 434,704
+0.14%
134 Tether MXNt MXNT $ 0.0200
$ 400,000
$ 400,000
+0.00%
135 Frax USD frxUSD $ 1.000
$ 373,288
$ 373,288
-0.02%
136 UXD Stablecoin UXD $ 1.00
$ 298,282
$ 298,282
+0.10%
137 BOB BOB $ 1.00
$ 221,827
$ 221,827
+0.14%
138 Usual EUR EUR0 $ 1.15
$ 219,593
$ 219,593
+0.77%
139 Fathom Protocol FXD $ 0.731
$ 217,017
$ 217,017
-0.23%
140 AXCNH AXCNH $ 0.148
$ 147,600
$ 147,600
+0.00%
141 Meter Stable MTR $ 0.298
$ 116,655
$ 116,655
+1.74%
142 Monster Slayer Cash MSC $ 0.0154
$ 104,005
$ 104,005
+2.01%
143 Frontier Stable Token FRNT $ 0.998
$ 94,860
$ 94,860
+0.00%
144 USDp USDp $ 0.999
$ 80,782
$ 80,782
-0.10%
145 U.S. Dollar Payment Token USDPT $ 1.00
$ 21,599
$ 21,599
+0.06%
146 Us Dollar Indonesia USDi $ 1.00
$ 21,476
$ 21,476
+0.02%
147 Midas Dollar MDO $ 0.0128
$ 18,235
$ 18,235
+0.32%
148 CLP Coin CLPC $ 0.00109
$ 16,857
$ 16,857
+0.23%
149 Decentralized USD USDD $ 1.000
$ 2,479
$ 2,479
+0.02%
150 GGUSD GGUSD $ 1.00
$ 35
$ 35
+0.02%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00498
$ 27.76M
$ 27.76 million
+1.88%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.48B
$ 9.48 billion
+1.51%
PAX Gold PAXG $ 4,076.69
$ 1.80B
$ 1.80 billion
+1.32%
Global Dollar USDG $ 1.00
$ 3.32B
$ 3.32 billion
+0.83%
EURITE EURI $ 1.15
$ 37.53M
$ 37.53 million
+0.81%
All Gainers

Market Cap

$ -- --%
Pro Chart

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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