Stablecoins

267 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 Price Market cap 24h

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

101 Schuman EURØP EUROP $ 1.16
$ 6.85M
$ 6.85 million
-0.10%
102 SPUSD SPUSD $ 1.10
$ 6.47M
$ 6.47 million
+28.88%
103 GYEN GYEN $ 0.00628
$ 6.05M
$ 6.05 million
+35.93%
104 Resupply RSUP $ 0.0828
$ 5.76M
$ 5.76 million
-2.99%
105 Neutrino Index XTN $ 0.0776
$ 4.04M
$ 4.04 million
-0.92%
106 Wrapped FRAX WFRAX $ 0.428
$ 3.82M
$ 3.82 million
+0.43%
107 Decentralized Euro DEURO $ 1.16
$ 3.29M
$ 3.29 million
-0.01%
108 USDKG USDKG $ 1.00
$ 3.00M
$ 3.00 million
+0.05%
109 ckUSDT CKUSDT $ 1.000
$ 2.88M
$ 2.88 million
+0.03%
110 AUDD AUDD $ 0.713
$ 2.64M
$ 2.64 million
+0.11%
111 Tokenised GBP TGBP $ 1.33
$ 2.56M
$ 2.56 million
-0.07%
112 USD Open Dollar USDO $ 0.00197
$ 2.02M
$ 2.02 million
+3.33%
113 Meta USD MUSD $ 0.997
$ 1.76M
$ 1.76 million
-2.18%
114 USC Stablecoin USC $ 1.01
$ 1.75M
$ 1.75 million
+0.73%
115 HAI Index Token HAI $ 1.32
$ 1.65M
$ 1.65 million
+0.76%
116 Parallel PAR $ 1.25
$ 1.61M
$ 1.61 million
+1.34%
117 Wrapped A7A5 1.0 wA7A5 $ 0.0141
$ 1.50M
$ 1.50 million
-1.28%
118 USDH USDH $ 0.997
$ 1.23M
$ 1.23 million
+0.01%
119 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.08%
120 Tether MXNt MXNT $ 0.0459
$ 918,000
$ 918,000
+0.00%
121 Osmosis allUSDT USDT $ 1.000
$ 671,030
$ 671,030
-0.00%
122 Wrapped USTC USTC $ 0.00626
$ 556,596
$ 556,596
-33.07%
123 Auryn AU $ 0.00707
$ 494,997
$ 494,997
-13.89%
124 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
125 UXD Stablecoin UXD $ 1.00
$ 298,440
$ 298,440
+0.02%
126 Fathom Protocol FXD $ 1.00
$ 297,321
$ 297,321
-0.20%
127 BOB BOB $ 1.00
$ 221,499
$ 221,499
+0.10%
128 Frax USD frxUSD $ 1.000
$ 199,341
$ 199,341
+0.02%
129 USD+ USD+ $ 1.000
$ 170,603
$ 170,603
-0.01%
130 AXCNH AXCNH $ 0.147
$ 146,700
$ 146,700
-0.14%
131 VNX Euro VEUR $ 1.16
$ 80,644
$ 80,644
-0.01%
132 CLP Coin CLPC $ 0.00112
$ 16,791
$ 16,791
+0.28%
133 Decentralized USD USDD $ 1.12
$ 2,775
$ 2,775
+18.12%
134 XUSD Stable XUSD $ 0.0993
$ 730
$ 730
+0.00%
135 TON Bridged USDC JUSDC $ 0.987
$ 64
$ 64
+0.86%
136 GGUSD GGUSD $ 1.00
$ 35
$ 35
+0.01%
137 EUR Neutrino EURN $ --
$ --
$ --
--%
138 BiLira TRYB $ --
$ --
$ --
--%
139 Frapped USDT fUSDT $ --
$ --
$ --
--%
140 xDAI XDAI $ 0.928
$ --
$ --
+1.82%
141 Zetos ZES $ --
$ --
$ --
--%
142 Iron BSC IRON $ --
$ --
$ --
--%
143 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
144 Celo Dollar CUSD $ --
$ --
$ --
--%
145 BRCP TOKEN BRCP $ --
$ --
$ --
--%
146 Dopple DOP $ --
$ --
$ --
--%
147 Fei Protocol FEI $ --
$ --
$ --
--%
148 wrapped JAXNET WJXN $ --
$ --
$ --
--%
149 GMONEY COIN GMC $ --
$ --
$ --
--%
150 oneBTC ONEBTC $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
Resolv RESOLV $ 0.0308
$ 12.12M
$ 12.12 million
+2.86%
Reservoir DAM $ 0.0133
$ 5.18M
$ 5.18 million
+0.41%
PAX Gold PAXG $ 4,540.35
$ 2.14B
$ 2.14 billion
+0.25%
Dai DAI $ 1.00
$ 5.16B
$ 5.16 billion
+0.20%
BOLD Stablecoin BOLD $ 1.00
$ 31.85M
$ 31.85 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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