Stablecoins

225 coins #12 Page 3

Stablecoins are digital currencies backed by things like regular money or commodities, which means they have a steady value. More

Download
# Coins Price Market cap 24h

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

101 Tokenised GBP TGBP $ 1.36
$ 2.62M
$ 2.62 million
-0.55%
102 USC Stablecoin USC $ 1.16
$ 2.01M
$ 2.01 million
+0.57%
103 HAI Index Token HAI $ 1.30
$ 1.62M
$ 1.62 million
-1.95%
104 Parallel PAR $ 1.23
$ 1.59M
$ 1.59 million
+0.45%
105 Sigma Money BNBUSD $ 1.00
$ 1.58M
$ 1.58 million
+0.18%
106 Wrapped A7A5 1.0 wA7A5 $ 0.0138
$ 1.47M
$ 1.47 million
+0.11%
107 USDH USDH $ 0.997
$ 1.42M
$ 1.42 million
-0.22%
108 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.08%
109 Aussie Dollar Token AUDX $ 0.698
$ 1.01M
$ 1.01 million
+0.34%
110 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
111 Wrapped USTC USTC $ 0.00931
$ 828,075
$ 828,075
-0.84%
112 MYRC MYRC $ 0.252
$ 779,877
$ 779,877
+0.91%
113 USDx USDX $ 0.997
$ 676,547
$ 676,547
+0.01%
114 UAH eStable UAHe $ 0.0227
$ 544,365
$ 544,365
+0.02%
115 Auryn AU $ 0.00695
$ 486,505
$ 486,505
+13.56%
116 UXD Stablecoin UXD $ 1.02
$ 307,142
$ 307,142
+0.00%
117 Fathom Protocol FXD $ 0.849
$ 251,962
$ 251,962
-9.62%
118 BOB BOB $ 1.00
$ 221,563
$ 221,563
-0.01%
119 Frax USD frxUSD $ 1.000
$ 199,274
$ 199,274
-0.04%
120 AUDD AUDD $ 0.713
$ 181,467
$ 181,467
+2.06%
121 USD+ USD+ $ 1.00
$ 170,761
$ 170,761
+0.05%
122 AXCNH AXCNH $ 0.144
$ 144,000
$ 144,000
+0.21%
123 Monster Slayer Cash MSC $ 0.0191
$ 129,250
$ 129,250
-1.64%
124 Frontier Stable Token FRNT $ 0.999
$ 94,869
$ 94,869
-99.13%
125 Dephaser JPY JPYT $ 0.00625
$ 85,595
$ 85,595
-0.03%
126 VNX Euro VEUR $ 1.18
$ 81,819
$ 81,819
+0.03%
127 One Cash ONC $ 0.0201
$ 32,033
$ 32,033
-14.65%
128 CLP Coin CLPC $ 0.00115
$ 16,113
$ 16,113
+0.25%
129 ARYZE eGBP EGBP $ 1.35
$ 10,855
$ 10,855
+0.65%
130 Decentralized USD USDD $ 1.000
$ 2,479
$ 2,479
+0.08%
131 XUSD Stable XUSD $ 0.218
$ 1,603
$ 1,603
+0.00%
132 TON Bridged USDC JUSDC $ 0.963
$ 62
$ 62
+5.50%
133 EUR Neutrino EURN $ --
$ --
$ --
--%
134 Frapped USDT fUSDT $ --
$ --
$ --
--%
135 xDAI XDAI $ 0.989
$ --
$ --
+13.74%
136 Zetos ZES $ --
$ --
$ --
--%
137 Iron BSC IRON $ --
$ --
$ --
--%
138 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
139 JPYC JPYC $ --
$ --
$ --
--%
140 BRCP TOKEN BRCP $ --
$ --
$ --
--%
141 Dopple DOP $ --
$ --
$ --
--%
142 wrapped JAXNET WJXN $ --
$ --
$ --
--%
143 GMONEY COIN GMC $ --
$ --
$ --
--%
144 oneBTC ONEBTC $ --
$ --
$ --
--%
145 Meter Stable MTR $ 0.328
$ --
$ --
-0.30%
146 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
147 Basis Gold Share BAGS $ --
$ --
$ --
--%
148 xDollar Stablecoin XUSD $ --
$ --
$ --
--%
149 SpiceUSD USDS $ --
$ --
$ --
--%
150 Num ARS NUARS $ --
$ --
$ --
--%

Trending Stablecoins

Top gainers
Coins Price Market cap 24h
PAX Gold PAXG $ 5,077.62
$ 2.28B
$ 2.28 billion
+2.77%
StablR Euro EURR $ 1.17
$ 13.10M
$ 13.10 million
+1.76%
Resolv RESOLV $ 0.0813
$ 28.79M
$ 28.79 million
+1.11%
Curve.Fi USD Stablecoin CRVUSD $ 0.972
$ 143.81M
$ 143.81 million
+0.96%
TerraClassicUSD USTC $ 0.00551
$ 30.77M
$ 30.77 million
+0.91%
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.

Useful / Related Links