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 Meta USD MUSD $ 0.995
$ 3.79M
$ 3.79 million
-1.04%
102 Decentralized Euro DEURO $ 1.18
$ 3.32M
$ 3.32 million
-0.07%
103 USDKG USDKG $ 1.000
$ 3.00M
$ 3.00 million
+0.00%
104 ckUSDT CKUSDT $ 0.999
$ 2.91M
$ 2.91 million
+0.03%
105 AUDD AUDD $ 0.713
$ 2.64M
$ 2.64 million
-0.57%
106 Tokenised GBP TGBP $ 1.35
$ 2.60M
$ 2.60 million
+0.03%
107 USD Open Dollar USDO $ 0.00188
$ 1.93M
$ 1.93 million
-0.72%
108 USC Stablecoin USC $ 1.00
$ 1.74M
$ 1.74 million
-0.02%
109 HAI Index Token HAI $ 1.32
$ 1.65M
$ 1.65 million
-0.67%
110 Parallel PAR $ 1.23
$ 1.58M
$ 1.58 million
-2.60%
111 Wrapped A7A5 1.0 wA7A5 $ 0.0136
$ 1.45M
$ 1.45 million
+0.59%
112 USDH USDH $ 0.997
$ 1.23M
$ 1.23 million
-0.22%
113 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.01%
114 Balance Coin BLC $ 0.996
$ 1.03M
$ 1.03 million
+0.14%
115 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+31.40%
116 Wrapped USTC USTC $ 0.00827
$ 735,831
$ 735,831
-0.77%
117 Auryn AU $ 0.0101
$ 708,257
$ 708,257
-18.75%
118 USDx USDX $ 1.04
$ 705,679
$ 705,679
+0.32%
119 Osmosis allUSDT USDT $ 0.999
$ 670,690
$ 670,690
+0.02%
120 Monerium EURe EURe $ 1.16
$ 659,082
$ 659,082
+0.00%
121 UAH eStable UAHe $ 0.0228
$ 546,844
$ 546,844
+0.00%
122 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
123 UXD Stablecoin UXD $ 1.01
$ 299,140
$ 299,140
-0.02%
124 Fathom Protocol FXD $ 0.856
$ 254,244
$ 254,244
-0.55%
125 Squill SQUILL $ 0.0237
$ 237,013
$ 237,013
+6.38%
126 BOB BOB $ 1.000
$ 221,350
$ 221,350
+0.02%
127 Frax USD frxUSD $ 1.000
$ 199,345
$ 199,345
+0.00%
128 USD+ USD+ $ 1.000
$ 170,621
$ 170,621
+0.03%
129 AXCNH AXCNH $ 0.147
$ 147,200
$ 147,200
+0.14%
130 Monster Slayer Cash MSC $ 0.0165
$ 111,237
$ 111,237
-1.16%
131 Dephaser JPY JPYT $ 0.00624
$ 85,467
$ 85,467
+0.00%
132 VNX Euro VEUR $ 1.18
$ 81,491
$ 81,491
-0.11%
133 CLP Coin CLPC $ 0.00111
$ 16,539
$ 16,539
-0.02%
134 GMONEY COIN GMC $ 0.000259
$ 12,935
$ 12,935
+0.00%
135 Decentralized USD USDD $ 1.00
$ 2,481
$ 2,481
+0.09%
136 XUSD Stable XUSD $ 0.0993
$ 730
$ 730
+0.00%
137 GGUSD GGUSD $ 1.000
$ 35
$ 35
+0.00%
138 EUR Neutrino EURN $ --
$ --
$ --
--%
139 BiLira TRYB $ --
$ --
$ --
--%
140 Frapped USDT fUSDT $ --
$ --
$ --
--%
141 xDAI XDAI $ 0.948
$ --
$ --
+3.97%
142 Zetos ZES $ --
$ --
$ --
--%
143 Iron BSC IRON $ --
$ --
$ --
--%
144 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
145 JPYC JPYC $ --
$ --
$ --
--%
146 GYEN GYEN $ --
$ --
$ --
--%
147 BRCP TOKEN BRCP $ --
$ --
$ --
--%
148 Fei Protocol FEI $ --
$ --
$ --
--%
149 wrapped JAXNET WJXN $ --
$ --
$ --
--%
150 oneBTC ONEBTC $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
TerraClassicUSD USTC $ 0.00556
$ 31.03M
$ 31.03 million
+2.06%
USD Base Coin USDBC $ 1.01
$ 7.15M
$ 7.15 million
+0.62%
Agora AUSD $ 1.00
$ 140.83M
$ 140.83 million
+0.39%
StablR Euro EURR $ 1.16
$ 13.04M
$ 13.04 million
+0.38%
StablR USD USDR $ 0.999
$ 6.51M
$ 6.51 million
+0.23%
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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