Stablecoins

226 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 AUDD AUDD $ 0.707
$ 2.61M
$ 2.61 million
+0.86%
102 USC Stablecoin USC $ 1.18
$ 2.05M
$ 2.05 million
+1.33%
103 HAI Index Token HAI $ 1.38
$ 1.72M
$ 1.72 million
-2.16%
104 Parallel PAR $ 1.26
$ 1.62M
$ 1.62 million
+2.04%
105 Sigma Money BNBUSD $ 0.999
$ 1.57M
$ 1.57 million
+1.98%
106 Wrapped A7A5 1.0 wA7A5 $ 0.0136
$ 1.45M
$ 1.45 million
+0.18%
107 USDH USDH $ 0.998
$ 1.42M
$ 1.42 million
-0.01%
108 Stable Coin SBC $ 1.000
$ 1.15M
$ 1.15 million
-0.02%
109 Aussie Dollar Token AUDX $ 0.708
$ 1.02M
$ 1.02 million
+0.90%
110 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
111 Wrapped USTC USTC $ 0.00913
$ 812,082
$ 812,082
-0.57%
112 UAH eStable UAHe $ 0.0229
$ 549,095
$ 549,095
+0.62%
113 Auryn AU $ 0.00564
$ 394,707
$ 394,707
-0.54%
114 UXD Stablecoin UXD $ 1.04
$ 311,533
$ 311,533
+1.01%
115 Fathom Protocol FXD $ 0.939
$ 278,795
$ 278,795
+6.33%
116 BOB BOB $ 0.999
$ 221,231
$ 221,231
-0.06%
117 Frax USD frxUSD $ 0.999
$ 199,266
$ 199,266
-0.05%
118 USD+ USD+ $ 1.00
$ 170,696
$ 170,696
+0.00%
119 AXCNH AXCNH $ 0.144
$ 144,500
$ 144,500
+0.21%
120 Monster Slayer Cash MSC $ 0.0166
$ 112,479
$ 112,479
-0.42%
121 Frontier Stable Token FRNT $ 0.999
$ 94,936
$ 94,936
+0.07%
122 Dephaser JPY JPYT $ 0.00626
$ 85,664
$ 85,664
-0.01%
123 VNX Euro VEUR $ 1.19
$ 82,228
$ 82,228
+0.62%
124 One Cash ONC $ 0.0187
$ 28,586
$ 28,586
-0.43%
125 CLP Coin CLPC $ 0.00115
$ 16,088
$ 16,088
-0.18%
126 ARYZE eGBP EGBP $ 1.36
$ 10,940
$ 10,940
+1.80%
127 XUSD Stable XUSD $ 0.218
$ 1,603
$ 1,603
+0.00%
128 EUR Neutrino EURN $ --
$ --
$ --
--%
129 BiLira TRYB $ --
$ --
$ --
--%
130 Frapped USDT fUSDT $ --
$ --
$ --
--%
131 xDAI XDAI $ 0.944
$ --
$ --
-1.12%
132 Zetos ZES $ --
$ --
$ --
--%
133 Iron BSC IRON $ --
$ --
$ --
--%
134 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
135 JPYC JPYC $ --
$ --
$ --
--%
136 BRCP TOKEN BRCP $ --
$ --
$ --
--%
137 Dopple DOP $ --
$ --
$ --
--%
138 wrapped JAXNET WJXN $ --
$ --
$ --
--%
139 GMONEY COIN GMC $ --
$ --
$ --
--%
140 oneBTC ONEBTC $ --
$ --
$ --
--%
141 Meter Stable MTR $ 0.318
$ --
$ --
-5.16%
142 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
143 Basis Gold Share BAGS $ --
$ --
$ --
--%
144 xDollar Stablecoin XUSD $ --
$ --
$ --
--%
145 SpiceUSD USDS $ --
$ --
$ --
--%
146 Num ARS NUARS $ --
$ --
$ --
--%
147 USDX [Kava] USDX $ --
$ --
$ --
--%
148 Midas Dollar MDO $ --
$ --
$ --
--%
149 Midas Dollar Share MDS $ --
$ --
$ --
--%
150 One Basis OBS $ --
$ --
$ --
--%

Trending Stablecoins

Top gainers

Coins Price Market cap 24h
StablR Euro EURR $ 1.18
$ 13.25M
$ 13.25 million
+2.56%
Reservoir DAM $ 0.0144
$ 4.90M
$ 4.90 million
+0.87%
EURC EURC $ 1.19
$ 429.30M
$ 429.30 million
+0.77%
EURITE EURI $ 1.19
$ 49.38M
$ 49.38 million
+0.71%
TerraClassicUSD USTC $ 0.00471
$ 26.28M
$ 26.28 million
+0.64%
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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