Stablecoins

280 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 Live Price Market cap 24h

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

101 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
-0.00%
102 USDz USDZ $ 0.979
$ 7.59M
$ 7.59 million
+0.02%
103 Mento Euro CEUR $ 1.13
$ 6.89M
$ 6.89 million
-2.16%
104 Schuman EURØP EUROP $ 1.15
$ 6.79M
$ 6.79 million
-0.46%
105 GYEN GYEN $ 0.00627
$ 6.04M
$ 6.04 million
-0.00%
106 SPUSD SPUSD $ 1.00
$ 5.87M
$ 5.87 million
+0.01%
107 Resupply RSUP $ 0.0619
$ 4.31M
$ 4.31 million
-2.70%
108 Decentralized Euro DEURO $ 1.15
$ 3.26M
$ 3.26 million
-97.45%
109 USDKG USDKG $ 1.00
$ 3.00M
$ 3.00 million
+0.00%
110 Neutrino Index XTN $ 0.0515
$ 2.68M
$ 2.68 million
-10.13%
111 AUDD AUDD $ 0.704
$ 2.60M
$ 2.60 million
-0.40%
112 Tokenised GBP TGBP $ 1.33
$ 2.55M
$ 2.55 million
-1.14%
113 Wrapped FRAX WFRAX $ 0.278
$ 2.49M
$ 2.49 million
-1.94%
114 ckUSDT CKUSDT $ 1.000
$ 2.36M
$ 2.36 million
+0.09%
115 USC Stablecoin USC $ 1.01
$ 1.74M
$ 1.74 million
+0.39%
116 USD Open Dollar USDO $ 0.00169
$ 1.73M
$ 1.73 million
-0.10%
117 HAI Index Token HAI $ 1.31
$ 1.64M
$ 1.64 million
+0.20%
118 Parallel PAR $ 1.25
$ 1.60M
$ 1.60 million
+0.41%
119 Wrapped A7A5 1.0 wA7A5 $ 0.0148
$ 1.57M
$ 1.57 million
-0.82%
120 USDH USDH $ 0.996
$ 1.23M
$ 1.23 million
+0.04%
121 Stable Coin SBC $ 1.000
$ 1.15M
$ 1.15 million
+0.07%
122 Aussie Dollar Token AUDX $ 0.706
$ 1.02M
$ 1.02 million
-0.23%
123 Meta USD MUSD $ 1.00
$ 921,596
$ 921,596
+0.16%
124 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
125 Wrapped USTC USTC $ 0.00997
$ 887,003
$ 887,003
+13.12%
126 Auryn AU $ 0.0122
$ 856,534
$ 856,534
+21.62%
127 Osmosis allUSDT USDT $ 1.000
$ 670,850
$ 670,850
+0.00%
128 UAH eStable UAHe $ 0.0222
$ 533,720
$ 533,720
+0.00%
129 Fathom Protocol FXD $ 1.01
$ 298,864
$ 298,864
-3.85%
130 UXD Stablecoin UXD $ 1.00
$ 298,439
$ 298,439
-0.00%
131 BOB BOB $ 1.00
$ 221,505
$ 221,505
+0.02%
132 Frax USD frxUSD $ 0.999
$ 199,201
$ 199,201
-0.07%
133 USD+ USD+ $ 1.00
$ 170,784
$ 170,784
+0.04%
134 Meter Stable MTR $ 0.413
$ 161,898
$ 161,898
+2.43%
135 AXCNH AXCNH $ 0.148
$ 147,800
$ 147,800
+0.00%
136 Plume USD pUSD $ 42.60
$ 147,131
$ 147,131
-91.00%
137 VNX British Pound VGBP $ 1.36
$ 121,971
$ 121,971
+0.01%
138 Monster Slayer Cash MSC $ 0.0158
$ 106,599
$ 106,599
-0.47%
139 Dephaser JPY JPYT $ 0.00616
$ 84,352
$ 84,352
+0.21%
140 VNX Euro VEUR $ 1.15
$ 79,549
$ 79,549
-1.16%
141 Usual EUR EUR0 $ 1.16
$ 65,280
$ 65,280
-0.10%
142 Us Dollar Indonesia USDi $ 1.000
$ 21,472
$ 21,472
+0.00%
143 Midas Dollar MDO $ 0.0129
$ 18,265
$ 18,265
+0.14%
144 GMONEY COIN GMC $ 0.000258
$ 12,915
$ 12,915
+0.70%
145 USC USC $ 0.000865
$ 4,394
$ 4,394
-2.28%
146 Decentralized USD USDD $ 1.000
$ 2,479
$ 2,479
-0.01%
147 XUSD Stable XUSD $ 0.0912
$ 670
$ 670
-8.16%
148 IDRw IDRw $ 0.000614
$ 614
$ 614
+287.21%
149 EUR Neutrino EURN $ --
$ --
$ --
--%
150 BiLira TRYB $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Reservoir DAM $ 0.00959
$ 3.78M
$ 3.78 million
+4.73%
Liquity USD LUSD $ 1.03
$ 36.57M
$ 36.57 million
+3.09%
Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.09M
$ 5.09 million
+0.26%
USDS USDS $ 0.999
$ 10.27B
$ 10.27 billion
+0.23%
Ripple USD RLUSD $ 1.00
$ 1.85B
$ 1.85 billion
+0.17%
All Gainers

Market Cap

$ -- --%
Pro Chart

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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