Stablecoins

233 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 Price Market cap 24h

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

101 Tokenised GBP TGBP $ 1.36
$ 2.61M
$ 2.61 million
-0.03%
102 USC Stablecoin USC $ 1.18
$ 2.04M
$ 2.04 million
-0.07%
103 HAI Index Token HAI $ 1.36
$ 1.70M
$ 1.70 million
-0.05%
104 Parallel PAR $ 1.24
$ 1.60M
$ 1.60 million
-0.27%
105 Sigma Money BNBUSD $ 1.01
$ 1.58M
$ 1.58 million
+1.36%
106 Wrapped A7A5 1.0 wA7A5 $ 0.0139
$ 1.47M
$ 1.47 million
+0.42%
107 USDH USDH $ 0.997
$ 1.42M
$ 1.42 million
-0.11%
108 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.07%
109 Aussie Dollar Token AUDX $ 0.707
$ 1.02M
$ 1.02 million
+0.12%
110 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
111 Wrapped USTC USTC $ 0.00892
$ 793,117
$ 793,117
-0.22%
112 USD DWIN USDW $ 0.00207
$ 583,418
$ 583,418
+70.01%
113 UAH eStable UAHe $ 0.0227
$ 544,879
$ 544,879
-0.47%
114 UXD Stablecoin UXD $ 1.04
$ 312,607
$ 312,607
+0.01%
115 Fathom Protocol FXD $ 0.893
$ 265,046
$ 265,046
-8.46%
116 BOB BOB $ 1.000
$ 221,316
$ 221,316
-0.05%
117 Frax USD frxUSD $ 1.000
$ 199,337
$ 199,337
+0.01%
118 USD+ USD+ $ 1.00
$ 170,650
$ 170,650
-0.03%
119 AXCNH AXCNH $ 0.145
$ 145,300
$ 145,300
+0.00%
120 Monster Slayer Cash MSC $ 0.0162
$ 109,470
$ 109,470
-0.12%
121 Frontier Stable Token FRNT $ 0.999
$ 94,926
$ 94,926
-0.07%
122 Peso Argentino wARS $ 0.000677
$ 89,256
$ 89,256
-0.00%
123 Dephaser JPY JPYT $ 0.00626
$ 85,706
$ 85,706
-0.01%
124 VNX Euro VEUR $ 1.18
$ 81,899
$ 81,899
-0.11%
125 CLP Coin CLPC $ 0.00114
$ 16,014
$ 16,014
-0.12%
126 GMONEY COIN GMC $ 0.000155
$ 7,735
$ 7,735
+0.00%
127 XUSD Stable XUSD $ 0.218
$ 1,603
$ 1,603
+0.00%
128 Rupiah Token IDRT $ --
$ --
$ --
--%
129 EUR Neutrino EURN $ --
$ --
$ --
--%
130 BiLira TRYB $ --
$ --
$ --
--%
131 Frapped USDT fUSDT $ --
$ --
$ --
--%
132 xDAI XDAI $ 0.984
$ --
$ --
+1.00%
133 Zetos ZES $ --
$ --
$ --
--%
134 Iron BSC IRON $ --
$ --
$ --
--%
135 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
136 JPYC JPYC $ --
$ --
$ --
--%
137 BRCP TOKEN BRCP $ --
$ --
$ --
--%
138 Dopple DOP $ --
$ --
$ --
--%
139 Euro Tether EURT $ --
$ --
$ --
--%
140 wrapped JAXNET WJXN $ --
$ --
$ --
--%
141 ZEDXION USDZ $ --
$ --
$ --
--%
142 Meter Stable MTR $ 0.338
$ --
$ --
+0.00%
143 One Cash ONC $ --
$ --
$ --
--%
144 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
145 Basis Gold Share BAGS $ --
$ --
$ --
--%
146 xDollar Stablecoin XUSD $ --
$ --
$ --
--%
147 SpiceUSD USDS $ --
$ --
$ --
--%
148 Num ARS NUARS $ --
$ --
$ --
--%
149 USDX [Kava] USDX $ --
$ --
$ --
--%
150 Midas Dollar MDO $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
Reservoir DAM $ 0.0188
$ 6.41M
$ 6.41 million
+8.56%
TerraClassicUSD USTC $ 0.00498
$ 27.78M
$ 27.78 million
+0.70%
StablR USD USDR $ 1.000
$ 6.83M
$ 6.83 million
+0.20%
Curve.Fi USD Stablecoin CRVUSD $ 0.975
$ 144.32M
$ 144.32 million
+0.13%
Binance USD BUSD $ 1.00
$ 55.89M
$ 55.89 million
+0.08%
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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