Stablecoins

258 coins #11 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 Wrapped FRAX WFRAX $ 0.500
$ 4.48M
$ 4.48 million
-0.44%
102 Decentralized Euro DEURO $ 1.17
$ 3.31M
$ 3.31 million
+0.03%
103 USDKG USDKG $ 1.000
$ 3.00M
$ 3.00 million
+0.27%
104 ckUSDT CKUSDT $ 1.000
$ 2.91M
$ 2.91 million
+0.01%
105 AUDD AUDD $ 0.715
$ 2.65M
$ 2.65 million
+0.00%
106 Tokenised GBP TGBP $ 1.35
$ 2.60M
$ 2.60 million
+0.06%
107 USD Open Dollar USDO $ 0.00185
$ 1.90M
$ 1.90 million
-0.23%
108 Meta USD MUSD $ 1.01
$ 1.78M
$ 1.78 million
+1.25%
109 USC Stablecoin USC $ 1.01
$ 1.75M
$ 1.75 million
+0.74%
110 HAI Index Token HAI $ 1.33
$ 1.67M
$ 1.67 million
+0.79%
111 Wrapped A7A5 1.0 wA7A5 $ 0.0136
$ 1.45M
$ 1.45 million
+0.05%
112 Parallel PAR $ 0.967
$ 1.24M
$ 1.24 million
+25.12%
113 USDH USDH $ 0.998
$ 1.23M
$ 1.23 million
+0.08%
114 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.08%
115 Tether MXNt MXNT $ 0.0459
$ 918,000
$ 918,000
+0.00%
116 Auryn AU $ 0.0120
$ 837,280
$ 837,280
+0.58%
117 Wrapped USTC USTC $ 0.00797
$ 708,448
$ 708,448
+28.06%
118 Osmosis allUSDT USDT $ 0.999
$ 670,641
$ 670,641
+0.00%
119 UAH eStable UAHe $ 0.0226
$ 543,872
$ 543,872
+0.34%
120 wrapped JAXNET WJXN $ 0.00636
$ 509,219
$ 509,219
+2.09%
121 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
122 UXD Stablecoin UXD $ 1.00
$ 298,571
$ 298,571
-0.03%
123 Fathom Protocol FXD $ 1.000
$ 296,832
$ 296,832
+4.63%
124 BOB BOB $ 1.000
$ 221,255
$ 221,255
-0.03%
125 Frax USD frxUSD $ 1.00
$ 199,426
$ 199,426
+0.02%
126 USD+ USD+ $ 1.000
$ 170,563
$ 170,563
-0.02%
127 AXCNH AXCNH $ 0.146
$ 146,200
$ 146,200
-0.07%
128 Monster Slayer Cash MSC $ 0.0165
$ 111,236
$ 111,236
+0.62%
129 Frontier Stable Token FRNT $ 0.999
$ 94,880
$ 94,880
-0.12%
130 Dephaser JPY JPYT $ 0.00622
$ 85,148
$ 85,148
-0.00%
131 VNX Euro VEUR $ 1.17
$ 81,099
$ 81,099
-0.00%
132 ARSe ARSe $ 0.000666
$ 66,591
$ 66,591
-0.30%
133 Midas Dollar MDO $ 0.0130
$ 18,475
$ 18,475
+0.83%
134 Tregrity USD USD.I $ 0.0₆531
$ 6,376
$ 6,376
-25.82%
135 XUSD Stable XUSD $ 0.0993
$ 730
$ 730
+0.00%
136 GGUSD GGUSD $ 1.000
$ 35
$ 35
-0.00%
137 Rupiah Token IDRT $ --
$ --
$ --
--%
138 EUR Neutrino EURN $ --
$ --
$ --
--%
139 Frapped USDT fUSDT $ --
$ --
$ --
--%
140 xDAI XDAI $ 0.872
$ --
$ --
-4.51%
141 Zetos ZES $ --
$ --
$ --
--%
142 Iron BSC IRON $ --
$ --
$ --
--%
143 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
144 BRCP TOKEN BRCP $ --
$ --
$ --
--%
145 Dopple DOP $ --
$ --
$ --
--%
146 GMONEY COIN GMC $ --
$ --
$ --
--%
147 ZEDXION USDZ $ --
$ --
$ --
--%
148 Meter Stable MTR $ 0.320
$ --
$ --
-0.09%
149 One Cash ONC $ --
$ --
$ --
--%
150 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
Resolv RESOLV $ 0.0308
$ 11.74M
$ 11.74 million
+11.11%
TerraClassicUSD USTC $ 0.00593
$ 33.07M
$ 33.07 million
+8.95%
Binance USD BUSD $ 1.00
$ 55.91M
$ 55.91 million
+0.16%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.99B
$ 8.99 billion
+0.11%
EURC EURC $ 1.17
$ 430.16M
$ 430.16 million
+0.09%
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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