Stablecoins

255 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 Price Market cap 24h

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

101 ckUSDT CKUSDT $ 0.999
$ 3.29M
$ 3.29 million
+0.00%
102 USDKG USDKG $ 1.00
$ 3.00M
$ 3.00 million
+0.48%
103 AUDD AUDD $ 0.700
$ 2.59M
$ 2.59 million
-0.84%
104 Tokenised GBP TGBP $ 1.34
$ 2.57M
$ 2.57 million
-0.54%
105 USD Open Dollar USDO $ 0.00178
$ 1.82M
$ 1.82 million
-1.57%
106 USC Stablecoin USC $ 0.999
$ 1.73M
$ 1.73 million
-0.52%
107 HAI Index Token HAI $ 1.32
$ 1.65M
$ 1.65 million
-0.47%
108 Parallel PAR $ 1.22
$ 1.57M
$ 1.57 million
-0.82%
109 Wrapped A7A5 1.0 wA7A5 $ 0.0137
$ 1.46M
$ 1.46 million
+0.15%
110 USDH USDH $ 0.998
$ 1.23M
$ 1.23 million
+0.02%
111 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.07%
112 Aussie Dollar Token AUDX $ 0.701
$ 1.01M
$ 1.01 million
-0.68%
113 Wrapped USTC USTC $ 0.00845
$ 751,954
$ 751,954
-0.20%
114 Tether MXNt MXNT $ 0.0350
$ 700,000
$ 700,000
+0.00%
115 Osmosis allUSDT USDT $ 0.999
$ 670,798
$ 670,798
+0.02%
116 Auryn AU $ 0.00854
$ 598,083
$ 598,083
-14.17%
117 UAH eStable UAHe $ 0.0233
$ 559,195
$ 559,195
+0.86%
118 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
119 UXD Stablecoin UXD $ 1.01
$ 299,187
$ 299,187
+0.01%
120 Fathom Protocol FXD $ 0.774
$ 229,777
$ 229,777
-2.73%
121 BOB BOB $ 0.998
$ 221,010
$ 221,010
-0.11%
122 Frax USD frxUSD $ 1.000
$ 199,339
$ 199,339
-0.03%
123 USD+ USD+ $ 1.000
$ 170,581
$ 170,581
-0.04%
124 AXCNH AXCNH $ 0.146
$ 146,300
$ 146,300
-0.14%
125 Dephaser JPY JPYT $ 0.00626
$ 85,647
$ 85,647
+0.04%
126 VNX Euro VEUR $ 1.17
$ 80,981
$ 80,981
-0.21%
127 ARSe ARSe $ 0.000673
$ 67,280
$ 67,280
-1.44%
128 CLP Coin CLPC $ 0.00111
$ 16,574
$ 16,574
+0.40%
129 GMONEY COIN GMC $ 0.000258
$ 12,920
$ 12,920
+0.35%
130 XUSD Stable XUSD $ 0.204
$ 1,502
$ 1,502
+0.00%
131 GGUSD GGUSD $ 1.000
$ 35
$ 35
+0.00%
132 Rupiah Token IDRT $ --
$ --
$ --
--%
133 EUR Neutrino EURN $ --
$ --
$ --
--%
134 BiLira TRYB $ --
$ --
$ --
--%
135 Frapped USDT fUSDT $ --
$ --
$ --
--%
136 xDAI XDAI $ 0.976
$ --
$ --
+1.69%
137 Zetos ZES $ --
$ --
$ --
--%
138 Iron BSC IRON $ --
$ --
$ --
--%
139 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
140 JPYC JPYC $ --
$ --
$ --
--%
141 GYEN GYEN $ --
$ --
$ --
--%
142 BRCP TOKEN BRCP $ --
$ --
$ --
--%
143 Dopple DOP $ --
$ --
$ --
--%
144 wrapped JAXNET WJXN $ --
$ --
$ --
--%
145 oneBTC ONEBTC $ --
$ --
$ --
--%
146 Meter Stable MTR $ 0.349
$ --
$ --
+0.17%
147 One Cash ONC $ --
$ --
$ --
--%
148 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
149 Basis Gold Share BAGS $ --
$ --
$ --
--%
150 xDollar Stablecoin XUSD $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
Resolv RESOLV $ 0.0394
$ 14.81M
$ 14.81 million
+2.28%
Reservoir DAM $ 0.0623
$ 21.23M
$ 21.23 million
+0.46%
StablR USD USDR $ 0.999
$ 6.01M
$ 6.01 million
+0.15%
Mezo USD MUSD $ 1.00
$ 50.11M
$ 50.11 million
+0.05%
Binance USD BUSD $ 0.999
$ 55.80M
$ 55.80 million
+0.05%
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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