Stablecoins

309 coins #12 Page 4

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

151 AXCNH AXCNH $ 0.148
$ 147,600
$ 147,600
+0.00%
152 Meter Stable MTR $ 0.309
$ 120,885
$ 120,885
+1.95%
153 VNX British Pound VGBP $ 1.34
$ 120,710
$ 120,710
+0.00%
154 Monster Slayer Cash MSC $ 0.0152
$ 102,692
$ 102,692
+1.32%
155 Frontier Stable Token FRNT $ 0.998
$ 94,861
$ 94,861
-0.19%
156 QXMP QXMP $ 1.00
$ 75,397
$ 75,397
+0.10%
157 ARSe ARSe $ 0.000636
$ 63,586
$ 63,586
+0.14%
158 VNX Euro VEUR $ 0.729
$ 50,463
$ 50,463
+44.83%
159 Colb USD USC $ 1.01
$ 40,214
$ 40,214
+0.48%
160 U.S. Dollar Payment Token USDPT $ 1.00
$ 21,595
$ 21,595
+0.12%
161 Us Dollar Indonesia USDi $ 1.00
$ 21,476
$ 21,476
+0.02%
162 Midas Dollar MDO $ 0.0128
$ 18,204
$ 18,204
+0.15%
163 CLP Coin CLPC $ 0.00109
$ 16,836
$ 16,836
+0.08%
164 Midas Dollar Share MDS $ 0.897
$ 16,272
$ 16,272
+0.03%
165 XUSD Stable XUSD $ 0.756
$ 5,557
$ 5,557
+706.21%
166 Iron BSC IRON $ 0.0112
$ 4,659
$ 4,659
+0.19%
167 Decentralized USD USDD $ 1.000
$ 2,479
$ 2,479
+0.01%
168 GGUSD GGUSD $ 1.00
$ 35
$ 35
-0.00%
169 Crown BRLV BRLV $ 0.200
$ 4
$ 4
+2.07%
170 STASIS EURO EURS $ --
$ --
$ --
--%
171 CryptoFranc XCHF $ --
$ --
$ --
--%
172 Rupiah Token IDRT $ --
$ --
$ --
--%
173 EUR Neutrino EURN $ --
$ --
$ --
--%
174 BiLira TRYB $ --
$ --
$ --
--%
175 Reserve RSV $ --
$ --
$ --
--%
176 Frapped USDT fUSDT $ --
$ --
$ --
--%
177 ZUSD ZUSD $ --
$ --
$ --
--%
178 xDAI XDAI $ --
$ --
$ --
--%
179 Zetos ZES $ --
$ --
$ --
--%
180 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
181 BRCP TOKEN BRCP $ --
$ --
$ --
--%
182 Alchemix USD ALUSD $ --
$ --
$ --
--%
183 GMONEY COIN GMC $ --
$ --
$ --
--%
184 One Cash ONC $ --
$ --
$ --
--%
185 XT Stablecoin XTUSD $ --
$ --
$ --
--%
186 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
187 Basis Gold Share BAGS $ --
$ --
$ --
--%
188 USDH USDH $ --
$ --
$ --
--%
189 xDollar Stablecoin XUSD $ --
$ --
$ --
--%
190 SpiceUSD USDS $ --
$ --
$ --
--%
191 Num ARS NUARS $ --
$ --
$ --
--%
192 USDX [Kava] USDX $ --
$ --
$ --
--%
193 One Basis OBS $ --
$ --
$ --
--%
194 Wault USD WUSD $ --
$ --
$ --
--%
195 USD DWIN USDW $ --
$ --
$ --
--%
196 IRON Stablecoin IRON $ --
$ --
$ --
--%
197 Vyvo US Dollar USDV $ --
$ --
$ --
--%
198 EUROe Stablecoin EUROE $ --
$ --
$ --
--%
199 USC USC $ --
$ --
$ --
--%
200 Classic USDC $USDC $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
TerraClassicUSD USTC $ 0.00538
$ 29.96M
$ 29.96 million
+1.65%
Resolv RESOLV $ 0.0203
$ 8.66M
$ 8.66 million
+1.45%
PAX Gold PAXG $ 4,058.42
$ 1.82B
$ 1.82 billion
+1.00%
Binance USD BUSD $ 1.00
$ 39.16M
$ 39.16 million
+0.85%
USD Base Coin USDBC $ 1.01
$ 5.94M
$ 5.94 million
+0.80%
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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