Stablecoins

309 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 Hylo USD HYUSD $ 1.00
$ 12.82M
$ 12.82 million
-0.09%
102 USDM USDM $ 1.000
$ 12.03M
$ 12.03 million
-7.63%
103 MAI MIMATIC $ 0.996
$ 11.94M
$ 11.94 million
-0.05%
104 USDA USDA $ 1.02
$ 10.35M
$ 10.35 million
-9.59%
105 USDz USDZ $ 0.973
$ 7.55M
$ 7.55 million
+0.06%
106 Mento Euro CEUR $ 1.14
$ 6.90M
$ 6.90 million
+0.20%
107 Precious Metals USD pmUSD $ 0.692
$ 6.62M
$ 6.62 million
+5.30%
108 Schuman EURØP EUROP $ 1.14
$ 6.28M
$ 6.28 million
+0.11%
109 Gho Token GHO $ 23.71
$ 4.88M
$ 4.88 million
+2,797.46%
110 Resupply RSUP $ 0.0613
$ 4.62M
$ 4.62 million
-0.32%
111 GYEN GYEN $ 0.00380
$ 3.66M
$ 3.66 million
+0.35%
112 Tokenised GBP TGBP $ 1.34
$ 2.57M
$ 2.57 million
-0.08%
113 Wrapped FRAX WFRAX $ 0.271
$ 2.48M
$ 2.48 million
+2.95%
114 AUDD AUDD $ 0.697
$ 2.37M
$ 2.37 million
-0.15%
115 USDCx (Movement) USDCx $ 0.995
$ 2.09M
$ 2.09 million
-0.03%
116 ckUSDT CKUSDT $ 1.00
$ 2.07M
$ 2.07 million
-0.00%
117 USC Stablecoin USC $ 1.00
$ 1.74M
$ 1.74 million
-0.15%
118 USD Open Dollar USDO $ 0.00162
$ 1.66M
$ 1.66 million
+0.01%
119 ckUSDC CKUSDC $ 1.00
$ 1.63M
$ 1.63 million
-0.01%
120 Neutrino Index XTN $ 0.0307
$ 1.59M
$ 1.59 million
-16.12%
121 Parallel PAR $ 1.23
$ 1.56M
$ 1.56 million
+1.15%
122 Auryn AU $ 0.0214
$ 1.50M
$ 1.50 million
+6.63%
123 Wrapped A7A5 1.0 wA7A5 $ 0.0139
$ 1.45M
$ 1.45 million
+0.08%
124 Stable Coin SBC $ 1.000
$ 1.31M
$ 1.31 million
-0.00%
125 Aussie Dollar Token AUDX $ 0.701
$ 1.01M
$ 1.01 million
+0.27%
126 Meta USD MUSD $ 0.999
$ 919,827
$ 919,827
-0.03%
127 Wrapped USTC USTC $ 0.00887
$ 788,981
$ 788,981
+0.07%
128 MYRC MYRC $ 0.243
$ 754,284
$ 754,284
+0.12%
129 USD+ USD+ $ 1.00
$ 708,632
$ 708,632
-0.01%
130 USDx USDX $ 1.03
$ 695,995
$ 695,995
+0.03%
131 Osmosis allUSDT USDT $ 0.995
$ 667,525
$ 667,525
-0.36%
132 UAH eStable UAHe $ 0.0223
$ 536,582
$ 536,582
+0.07%
133 HAI Index Token HAI $ 1.27
$ 449,067
$ 449,067
+0.83%
134 Frax USD frxUSD $ 1.00
$ 414,831
$ 414,831
+0.00%
135 Tether MXNt MXNT $ 0.0200
$ 400,000
$ 400,000
+0.00%
136 UXD Stablecoin UXD $ 0.998
$ 297,067
$ 297,067
-0.57%
137 Fathom Protocol FXD $ 0.832
$ 246,895
$ 246,895
-0.09%
138 BOB BOB $ 1.00
$ 221,535
$ 221,535
+0.06%
139 Usual EUR EUR0 $ 1.14
$ 218,286
$ 218,286
+0.01%
140 AXCNH AXCNH $ 0.148
$ 147,600
$ 147,600
+0.00%
141 Meter Stable MTR $ 0.305
$ 119,553
$ 119,553
-3.84%
142 Monster Slayer Cash MSC $ 0.0151
$ 102,145
$ 102,145
+0.10%
143 Frontier Stable Token FRNT $ 0.998
$ 94,862
$ 94,862
-0.02%
144 QXMP QXMP $ 1.00
$ 75,391
$ 75,391
-0.11%
145 Colb USD USC $ 1.00
$ 40,007
$ 40,007
+0.15%
146 U.S. Dollar Payment Token USDPT $ 1.00
$ 21,601
$ 21,601
-0.01%
147 Us Dollar Indonesia USDi $ 1.000
$ 21,472
$ 21,472
-0.02%
148 Midas Dollar MDO $ 0.0128
$ 18,199
$ 18,199
+0.07%
149 CLP Coin CLPC $ 0.00108
$ 16,747
$ 16,747
+0.15%
150 GMONEY COIN GMC $ 0.000258
$ 12,915
$ 12,915
+0.00%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Resolv RESOLV $ 0.0196
$ 8.38M
$ 8.38 million
+1.66%
USD Base Coin USDBC $ 1.02
$ 5.86M
$ 5.86 million
+1.58%
Agora AUSD $ 1.00
$ 201.02M
$ 201.02 million
+0.50%
Quantoz EURQ EURQ $ 1.13
$ 5.20M
$ 5.20 million
+0.41%
Usual USD USD0 $ 0.999
$ 556.75M
$ 556.75 million
+0.19%
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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