Stablecoins

252 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 USDKG USDKG $ 1.01
$ 3.04M
$ 3.04 million
+1.51%
102 Tokenised GBP TGBP $ 1.34
$ 2.58M
$ 2.58 million
+0.09%
103 AUDD AUDD $ 0.696
$ 2.57M
$ 2.57 million
+0.02%
104 USC Stablecoin USC $ 1.08
$ 1.87M
$ 1.87 million
+0.14%
105 USD Open Dollar USDO $ 0.00178
$ 1.83M
$ 1.83 million
+0.34%
106 HAI Index Token HAI $ 1.32
$ 1.65M
$ 1.65 million
-0.05%
107 Parallel PAR $ 1.24
$ 1.60M
$ 1.60 million
+0.68%
108 Sigma Money BNBUSD $ 1.01
$ 1.58M
$ 1.58 million
-0.48%
109 Wrapped A7A5 1.0 wA7A5 $ 0.0135
$ 1.43M
$ 1.43 million
+2.64%
110 USDH USDH $ 0.997
$ 1.42M
$ 1.42 million
+0.03%
111 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.00%
112 Balance Coin BLC $ 0.992
$ 1.03M
$ 1.03 million
-0.20%
113 Aussie Dollar Token AUDX $ 0.698
$ 1.01M
$ 1.01 million
+0.21%
114 Auryn AU $ 0.0137
$ 956,887
$ 956,887
-13.95%
115 Wrapped USTC USTC $ 0.00871
$ 774,286
$ 774,286
+0.15%
116 Tether MXNt MXNT $ 0.0378
$ 756,000
$ 756,000
+0.00%
117 USDx USDX $ 1.02
$ 689,704
$ 689,704
+0.29%
118 Osmosis allUSDT USDT $ 1.00
$ 672,434
$ 672,434
-1.53%
119 UAH eStable UAHe $ 0.0225
$ 540,205
$ 540,205
-0.18%
120 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
121 UXD Stablecoin UXD $ 1.02
$ 303,035
$ 303,035
-0.07%
122 Frax USD frxUSD $ 1.00
$ 199,392
$ 199,392
+0.02%
123 Fathom Protocol FXD $ 0.670
$ 198,849
$ 198,849
+3.47%
124 USD+ USD+ $ 1.00
$ 170,645
$ 170,645
+0.01%
125 AXCNH AXCNH $ 0.145
$ 144,800
$ 144,800
+0.21%
126 MAI MIMATIC $ 0.00946
$ 115,342
$ 115,342
+0.17%
127 Monster Slayer Cash MSC $ 0.0167
$ 113,076
$ 113,076
+1.50%
128 Frontier Stable Token FRNT $ 0.999
$ 94,870
$ 94,870
-0.13%
129 Dephaser JPY JPYT $ 0.00625
$ 85,587
$ 85,587
-0.08%
130 VNX Euro VEUR $ 1.16
$ 80,292
$ 80,292
+0.11%
131 Midas Dollar MDO $ 0.0135
$ 19,253
$ 19,253
+0.63%
132 CLP Coin CLPC $ 0.00110
$ 15,446
$ 15,446
+0.05%
133 ARYZE eGBP EGBP $ 1.32
$ 10,601
$ 10,601
-1.74%
134 Decentralized USD USDD $ 0.998
$ 2,475
$ 2,475
+0.09%
135 BOB BOB $ 0.00947
$ 2,095
$ 2,095
+0.07%
136 XUSD Stable XUSD $ 0.247
$ 1,812
$ 1,812
+0.00%
137 GGUSD GGUSD $ 1.00
$ 35
$ 35
+0.01%
138 EUR Neutrino EURN $ --
$ --
$ --
--%
139 BiLira TRYB $ --
$ --
$ --
--%
140 Frapped USDT fUSDT $ --
$ --
$ --
--%
141 xDAI XDAI $ 0.991
$ --
$ --
-0.25%
142 Zetos ZES $ --
$ --
$ --
--%
143 Iron BSC IRON $ --
$ --
$ --
--%
144 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
145 GYEN GYEN $ --
$ --
$ --
--%
146 BRCP TOKEN BRCP $ --
$ --
$ --
--%
147 Euro Tether EURT $ --
$ --
$ --
--%
148 wrapped JAXNET WJXN $ --
$ --
$ --
--%
149 GMONEY COIN GMC $ --
$ --
$ --
--%
150 oneBTC ONEBTC $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
PAX Gold PAXG $ 4,549.43
$ 2.34B
$ 2.34 billion
+3.47%
Reservoir DAM $ 0.0291
$ 9.91M
$ 9.91 million
+1.52%
TerraClassicUSD USTC $ 0.00482
$ 26.87M
$ 26.87 million
+0.83%
USDS USDS $ 1.000
$ 11.64B
$ 11.64 billion
+0.29%
StablR USD USDR $ 0.999
$ 5.91M
$ 5.91 million
+0.26%
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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