Stablecoins

241 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 Price Market cap 24h

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

101 USD Open Dollar USDO $ 0.00194
$ 1.99M
$ 1.99 million
+2.35%
102 USC Stablecoin USC $ 1.13
$ 1.96M
$ 1.96 million
+0.49%
103 HAI Index Token HAI $ 1.33
$ 1.66M
$ 1.66 million
-2.37%
104 Sigma Money BNBUSD $ 1.00
$ 1.58M
$ 1.58 million
+1.50%
105 Parallel PAR $ 1.22
$ 1.57M
$ 1.57 million
-0.34%
106 Wrapped A7A5 1.0 wA7A5 $ 0.0135
$ 1.43M
$ 1.43 million
-0.69%
107 USDH USDH $ 0.997
$ 1.42M
$ 1.42 million
+0.01%
108 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
-0.00%
109 Balance Coin BLC $ 0.995
$ 1.03M
$ 1.03 million
-0.17%
110 Aussie Dollar Token AUDX $ 0.707
$ 1.02M
$ 1.02 million
-0.85%
111 Tether MXNt MXNT $ 0.0390
$ 779,600
$ 779,600
+55.92%
112 MYRC MYRC $ 0.251
$ 777,876
$ 777,876
-1.41%
113 Wrapped USTC USTC $ 0.00871
$ 775,065
$ 775,065
+0.24%
114 UAH eStable UAHe $ 0.0227
$ 545,858
$ 545,858
-0.95%
115 JuiceDollar JUSD $ 0.999
$ 333,848
$ 333,848
--%
116 UXD Stablecoin UXD $ 1.02
$ 307,927
$ 307,927
-0.14%
117 Fathom Protocol FXD $ 0.871
$ 258,664
$ 258,664
-5.58%
118 BOB BOB $ 1.000
$ 221,337
$ 221,337
-0.01%
119 Frax USD frxUSD $ 1.000
$ 199,319
$ 199,319
-0.02%
120 JPYC JPYC $ 0.0000707
$ 174,012
$ 174,012
+1.14%
121 USD+ USD+ $ 1.00
$ 170,629
$ 170,629
+0.01%
122 JPY Coin JPYC $ 0.0000716
$ 168,199
$ 168,199
-99.01%
123 AXCNH AXCNH $ 0.145
$ 144,900
$ 144,900
-0.41%
124 MAI MIMATIC $ 0.00985
$ 128,469
$ 128,469
+0.02%
125 Monster Slayer Cash MSC $ 0.0171
$ 115,620
$ 115,620
+1.89%
126 Frontier Stable Token FRNT $ 1.000
$ 94,993
$ 94,993
+0.00%
127 Dephaser JPY JPYT $ 0.00630
$ 86,168
$ 86,168
-0.07%
128 VNX Euro VEUR $ 1.15
$ 79,714
$ 79,714
-0.47%
129 CLP Coin CLPC $ 0.00112
$ 15,622
$ 15,622
+0.24%
130 Decentralized USD USDD $ 0.999
$ 2,478
$ 2,478
-0.00%
131 XUSD Stable XUSD $ 0.201
$ 1,476
$ 1,476
-0.10%
132 GGUSD GGUSD $ 0.998
$ 34
$ 34
-0.04%
133 Rupiah Token IDRT $ --
$ --
$ --
--%
134 EUR Neutrino EURN $ --
$ --
$ --
--%
135 BiLira TRYB $ --
$ --
$ --
--%
136 Frapped USDT fUSDT $ --
$ --
$ --
--%
137 xDAI XDAI $ 0.996
$ --
$ --
-0.03%
138 Zetos ZES $ --
$ --
$ --
--%
139 Iron BSC IRON $ --
$ --
$ --
--%
140 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
141 GYEN GYEN $ --
$ --
$ --
--%
142 BRCP TOKEN BRCP $ --
$ --
$ --
--%
143 wrapped JAXNET WJXN $ --
$ --
$ --
--%
144 GMONEY COIN GMC $ --
$ --
$ --
--%
145 oneBTC ONEBTC $ --
$ --
$ --
--%
146 ZEDXION USDZ $ --
$ --
$ --
--%
147 Meter Stable MTR $ 0.346
$ --
$ --
+1.26%
148 One Cash ONC $ --
$ --
$ --
--%
149 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
150 Basis Gold Share BAGS $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
sUSD Synthetix SUSD $ 0.846
$ 44.62M
$ 44.62 million
+5.54%
TerraClassicUSD USTC $ 0.00505
$ 28.17M
$ 28.17 million
+1.32%
StablR USD USDR $ 0.999
$ 6.06M
$ 6.06 million
+0.29%
Ethena USDe USDE $ 1.00
$ 6.15B
$ 6.15 billion
+0.06%
Binance USD BUSD $ 1.00
$ 55.87M
$ 55.87 million
+0.04%
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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