Stablecoins

282 coins #12 Page 3

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

# Coins Live Price Market cap 24h

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

101 USDKG USDKG $ 1.00
$ 3.00M
$ 3.00 million
-0.10%
102 Neutrino Index XTN $ 0.0564
$ 2.93M
$ 2.93 million
+11.68%
103 AUDD AUDD $ 0.704
$ 2.60M
$ 2.60 million
+0.00%
104 Tokenised GBP TGBP $ 1.32
$ 2.54M
$ 2.54 million
+0.03%
105 Wrapped FRAX WFRAX $ 0.268
$ 2.40M
$ 2.40 million
+2.40%
106 ckUSDT CKUSDT $ 1.00
$ 2.37M
$ 2.37 million
+0.05%
107 USC Stablecoin USC $ 1.01
$ 1.74M
$ 1.74 million
+0.43%
108 USD Open Dollar USDO $ 0.00167
$ 1.71M
$ 1.71 million
+0.49%
109 HAI Index Token HAI $ 1.30
$ 1.63M
$ 1.63 million
-1.22%
110 Parallel PAR $ 1.22
$ 1.56M
$ 1.56 million
-0.60%
111 Wrapped A7A5 1.0 wA7A5 $ 0.0146
$ 1.55M
$ 1.55 million
+1.05%
112 USDH USDH $ 0.995
$ 1.23M
$ 1.23 million
-0.11%
113 Stable Coin SBC $ 0.999
$ 1.15M
$ 1.15 million
-0.06%
114 Meta USD MUSD $ 1.000
$ 920,869
$ 920,869
+0.05%
115 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
116 Auryn AU $ 0.0129
$ 904,983
$ 904,983
+13.19%
117 Wrapped USTC USTC $ 0.00989
$ 879,596
$ 879,596
-0.89%
118 Osmosis allUSDT USDT $ 1.000
$ 670,869
$ 670,869
+0.02%
119 UXD Stablecoin UXD $ 1.00
$ 298,375
$ 298,375
-0.02%
120 Fathom Protocol FXD $ 1.00
$ 297,997
$ 297,997
-2.64%
121 BOB BOB $ 1.00
$ 221,497
$ 221,497
-0.10%
122 Frax USD frxUSD $ 1.000
$ 199,328
$ 199,328
+0.03%
123 USD+ USD+ $ 1.00
$ 170,922
$ 170,922
+0.14%
124 Meter Stable MTR $ 0.417
$ 163,504
$ 163,504
-4.79%
125 AXCNH AXCNH $ 0.148
$ 147,800
$ 147,800
+0.00%
126 VNX British Pound VGBP $ 1.34
$ 120,700
$ 120,700
+0.00%
127 Usual EUR EUR0 $ 1.15
$ 64,544
$ 64,544
-0.03%
128 Us Dollar Indonesia USDi $ 1.00
$ 21,476
$ 21,476
+0.02%
129 GMONEY COIN GMC $ 0.000258
$ 12,920
$ 12,920
+0.04%
130 IDRw IDRw $ 0.0109
$ 10,933
$ 10,933
+7.46%
131 XUSD Stable XUSD $ 0.292
$ 2,149
$ 2,149
-0.00%
132 GGUSD GGUSD $ 1.00
$ 35
$ 35
+0.02%
133 Rupiah Token IDRT $ --
$ --
$ --
--%
134 EUR Neutrino EURN $ --
$ --
$ --
--%
135 BiLira TRYB $ --
$ --
$ --
--%
136 Frapped USDT fUSDT $ --
$ --
$ --
--%
137 xDAI XDAI $ 1.000
$ --
$ --
+2.35%
138 Zetos ZES $ --
$ --
$ --
--%
139 Iron BSC IRON $ --
$ --
$ --
--%
140 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
141 JPYC JPYC $ --
$ --
$ --
--%
142 BRCP TOKEN BRCP $ --
$ --
$ --
--%
143 Fei Protocol FEI $ --
$ --
$ --
--%
144 Euro Tether EURT $ --
$ --
$ --
--%
145 wrapped JAXNET WJXN $ --
$ --
$ --
--%
146 oneBTC ONEBTC $ --
$ --
$ --
--%
147 One Cash ONC $ --
$ --
$ --
--%
148 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
149 Basis Gold Share BAGS $ --
$ --
$ --
--%
150 xDollar Stablecoin XUSD $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Resolv RESOLV $ 0.0175
$ 7.03M
$ 7.03 million
+18.87%
World Liberty Financial USD USD1 $ 1.01
$ 4.62B
$ 4.62 billion
+0.80%
USDC USDC $ 1.00
$ 74.91B
$ 74.91 billion
+0.27%
PAX Gold PAXG $ 4,160.50
$ 1.89B
$ 1.89 billion
+0.16%
Falcon USD USDF $ 0.998
$ 2.05B
$ 2.05 billion
+0.15%
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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