Stablecoins

229 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 AUDD AUDD $ 0.709
$ 2.62M
$ 2.62 million
-0.38%
102 Tokenised GBP TGBP $ 1.36
$ 2.62M
$ 2.62 million
-0.11%
103 USC Stablecoin USC $ 1.18
$ 2.05M
$ 2.05 million
+0.29%
104 HAI Index Token HAI $ 1.37
$ 1.71M
$ 1.71 million
+0.81%
105 Parallel PAR $ 1.25
$ 1.61M
$ 1.61 million
-0.35%
106 Sigma Money BNBUSD $ 0.985
$ 1.55M
$ 1.55 million
-1.08%
107 Wrapped A7A5 1.0 wA7A5 $ 0.0138
$ 1.46M
$ 1.46 million
+1.09%
108 USDH USDH $ 0.997
$ 1.42M
$ 1.42 million
-0.03%
109 Stable Coin SBC $ 1.000
$ 1.15M
$ 1.15 million
-0.03%
110 Aussie Dollar Token AUDX $ 0.709
$ 1.02M
$ 1.02 million
-0.60%
111 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
112 Wrapped USTC USTC $ 0.00914
$ 813,066
$ 813,066
+0.02%
113 UAH eStable UAHe $ 0.0227
$ 546,191
$ 546,191
-0.14%
114 UXD Stablecoin UXD $ 1.03
$ 308,409
$ 308,409
-0.02%
115 Fathom Protocol FXD $ 0.892
$ 264,776
$ 264,776
-0.15%
116 USDT+ USDT+ $ 1.00
$ 238,501
$ 238,501
-0.02%
117 BOB BOB $ 1.00
$ 221,462
$ 221,462
+0.00%
118 Frax USD frxUSD $ 1.00
$ 199,606
$ 199,606
+0.13%
119 USD+ USD+ $ 1.00
$ 170,714
$ 170,714
-0.02%
120 AXCNH AXCNH $ 0.145
$ 145,000
$ 145,000
+0.07%
121 Monster Slayer Cash MSC $ 0.0161
$ 108,721
$ 108,721
-0.14%
122 Frontier Stable Token FRNT $ 1.000
$ 94,993
$ 94,993
+0.00%
123 Dephaser JPY JPYT $ 0.00627
$ 85,774
$ 85,774
+0.16%
124 VNX Euro VEUR $ 1.19
$ 82,137
$ 82,137
-0.07%
125 Midas Dollar MDO $ 0.0136
$ 19,261
$ 19,261
+0.55%
126 CLP Coin CLPC $ 0.00115
$ 16,089
$ 16,089
+0.09%
127 USC USC $ 0.00295
$ 14,968
$ 14,968
+0.02%
128 One Cash ONC $ 0.00922
$ 14,125
$ 14,125
-4.55%
129 Decentralized USD USDD $ 0.998
$ 2,475
$ 2,475
-0.04%
130 XUSD Stable XUSD $ 0.218
$ 1,603
$ 1,603
+0.00%
131 Rupiah Token IDRT $ --
$ --
$ --
--%
132 EUR Neutrino EURN $ --
$ --
$ --
--%
133 BiLira TRYB $ --
$ --
$ --
--%
134 Frapped USDT fUSDT $ --
$ --
$ --
--%
135 xDAI XDAI $ 1.00
$ --
$ --
+1.91%
136 Zetos ZES $ --
$ --
$ --
--%
137 Iron BSC IRON $ --
$ --
$ --
--%
138 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
139 JPYC JPYC $ --
$ --
$ --
--%
140 BRCP TOKEN BRCP $ --
$ --
$ --
--%
141 wrapped JAXNET WJXN $ --
$ --
$ --
--%
142 GMONEY COIN GMC $ --
$ --
$ --
--%
143 oneBTC ONEBTC $ --
$ --
$ --
--%
144 ZEDXION USDZ $ --
$ --
$ --
--%
145 Meter Stable MTR $ 0.338
$ --
$ --
+8.59%
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
sUSD Synthetix SUSD $ 0.822
$ 43.07M
$ 43.07 million
+19.71%
Reservoir DAM $ 0.0169
$ 5.75M
$ 5.75 million
+9.43%
USDS USDS $ 1.01
$ 9.71B
$ 9.71 billion
+1.20%
USD Base Coin USDBC $ 1.01
$ 7.56M
$ 7.56 million
+0.71%
DOLA DOLA $ 0.997
$ 117.11M
$ 117.11 million
+0.22%
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