Stablecoins

253 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 AUDD AUDD $ 0.691
$ 2.56M
$ 2.56 million
+0.95%
102 Tokenised GBP TGBP $ 1.32
$ 2.54M
$ 2.54 million
+0.16%
103 USD Open Dollar USDO $ 0.00175
$ 1.79M
$ 1.79 million
-0.10%
104 USC Stablecoin USC $ 1.00
$ 1.74M
$ 1.74 million
-0.47%
105 HAI Index Token HAI $ 1.32
$ 1.65M
$ 1.65 million
-0.01%
106 Parallel PAR $ 1.23
$ 1.59M
$ 1.59 million
+0.25%
107 Sigma Money BNBUSD $ 0.999
$ 1.57M
$ 1.57 million
-0.04%
108 Wrapped A7A5 1.0 wA7A5 $ 0.0134
$ 1.42M
$ 1.42 million
-0.02%
109 USDH USDH $ 0.997
$ 1.42M
$ 1.42 million
-0.04%
110 Stable Coin SBC $ 0.999
$ 1.15M
$ 1.15 million
-0.08%
111 Balance Coin BLC $ 1.00
$ 1.04M
$ 1.04 million
+0.78%
112 Wrapped USTC USTC $ 0.00848
$ 754,309
$ 754,309
-1.08%
113 USDx USDX $ 1.01
$ 684,182
$ 684,182
-0.54%
114 Osmosis allUSDT USDT $ 0.999
$ 670,478
$ 670,478
-0.06%
115 UAH eStable UAHe $ 0.0229
$ 549,975
$ 549,975
-1.03%
116 Auryn AU $ 0.00735
$ 514,323
$ 514,323
-41.77%
117 Tether MXNt MXNT $ 0.0250
$ 500,000
$ 500,000
+0.00%
118 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
119 UXD Stablecoin UXD $ 1.02
$ 302,654
$ 302,654
-0.06%
120 Phoenix USD Token PUSD $ 0.984
$ 247,587
$ 247,587
-1.65%
121 USDT+ USDT+ $ 1.00
$ 238,544
$ 238,544
+0.05%
122 Frax USD frxUSD $ 1.000
$ 199,290
$ 199,290
-0.00%
123 Fathom Protocol FXD $ 0.642
$ 190,558
$ 190,558
-11.73%
124 USD+ USD+ $ 1.00
$ 170,698
$ 170,698
+0.00%
125 JPYC JPYC $ 0.0000642
$ 158,194
$ 158,194
-99.03%
126 AXCNH AXCNH $ 0.145
$ 144,900
$ 144,900
+0.14%
127 MAI MIMATIC $ 0.00964
$ 117,620
$ 117,620
-0.00%
128 Monster Slayer Cash MSC $ 0.0161
$ 109,099
$ 109,099
+0.55%
129 Dephaser JPY JPYT $ 0.00623
$ 85,219
$ 85,219
+0.00%
130 VNX Euro VEUR $ 1.15
$ 79,910
$ 79,910
+0.48%
131 EUR Neutrino EURN $ 0.0646
$ 26,326
$ 26,326
-19.13%
132 CLP Coin CLPC $ 0.00108
$ 16,134
$ 16,134
-1.86%
133 BOB BOB $ 0.00967
$ 2,140
$ 2,140
+0.11%
134 XUSD Stable XUSD $ 0.204
$ 1,502
$ 1,502
+0.00%
135 GGUSD GGUSD $ 1.00
$ 35
$ 35
+0.04%
136 Rupiah Token IDRT $ --
$ --
$ --
--%
137 BiLira TRYB $ --
$ --
$ --
--%
138 Frapped USDT fUSDT $ --
$ --
$ --
--%
139 xDAI XDAI $ 0.991
$ --
$ --
-0.01%
140 Zetos ZES $ --
$ --
$ --
--%
141 Iron BSC IRON $ --
$ --
$ --
--%
142 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
143 BRCP TOKEN BRCP $ --
$ --
$ --
--%
144 Euro Tether EURT $ --
$ --
$ --
--%
145 wrapped JAXNET WJXN $ --
$ --
$ --
--%
146 GMONEY COIN GMC $ --
$ --
$ --
--%
147 oneBTC ONEBTC $ --
$ --
$ --
--%
148 ZEDXION USDZ $ --
$ --
$ --
--%
149 Meter Stable MTR $ 0.336
$ --
$ --
-0.21%
150 One Cash ONC $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
Reservoir DAM $ 0.0387
$ 13.17M
$ 13.17 million
+12.32%
PAX Gold PAXG $ 4,671.58
$ 2.40B
$ 2.40 billion
+1.97%
USDS USDS $ 1.000
$ 11.98B
$ 11.98 billion
+0.95%
EURITE EURI $ 1.16
$ 47.91M
$ 47.91 million
+0.81%
EURC EURC $ 1.16
$ 423.21M
$ 423.21 million
+0.76%
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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