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 Midas Dollar MDO $ 0.0128
$ 18,186
$ 18,186
-0.12%
152 CLP Coin CLPC $ 0.00108
$ 16,722
$ 16,722
-0.68%
153 Decentralized USD USDD $ 1.000
$ 2,478
$ 2,478
-0.01%
154 Balance Coin BLC $ 0.000645
$ 275
$ 275
-99.94%
155 GGUSD GGUSD $ 1.00
$ 35
$ 35
+0.01%
156 Frapped USDT fUSDT $ 0.0₁₇200
$ 0
$ 0
-100.00%
157 Dopple DOP $ 0.00
$ 0
$ 0
--%
158 STASIS EURO EURS $ --
$ --
$ --
--%
159 CryptoFranc XCHF $ --
$ --
$ --
--%
160 EUR Neutrino EURN $ --
$ --
$ --
--%
161 Reserve RSV $ --
$ --
$ --
--%
162 XUSD Stable XUSD $ --
$ --
$ --
--%
163 Empty Set Dollar ESD $ --
$ --
$ --
--%
164 xDAI XDAI $ --
$ --
$ --
--%
165 Zetos ZES $ --
$ --
$ --
--%
166 Iron BSC IRON $ --
$ --
$ --
--%
167 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
168 JPYC JPYC $ --
$ --
$ --
--%
169 BRCP TOKEN BRCP $ --
$ --
$ --
--%
170 Alchemix USD ALUSD $ --
$ --
$ --
--%
171 Iron Bank EUR IBEUR $ --
$ --
$ --
--%
172 Euro Tether EURT $ --
$ --
$ --
--%
173 wrapped JAXNET WJXN $ --
$ --
$ --
--%
174 GMONEY COIN GMC $ --
$ --
$ --
--%
175 oneBTC ONEBTC $ --
$ --
$ --
--%
176 One Cash ONC $ --
$ --
$ --
--%
177 XT Stablecoin XTUSD $ --
$ --
$ --
--%
178 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
179 Basis Gold Share BAGS $ --
$ --
$ --
--%
180 USDH USDH $ --
$ --
$ --
--%
181 SpiceUSD USDS $ --
$ --
$ --
--%
182 Num ARS NUARS $ --
$ --
$ --
--%
183 USDX [Kava] USDX $ --
$ --
$ --
--%
184 Midas Dollar Share MDS $ --
$ --
$ --
--%
185 One Basis OBS $ --
$ --
$ --
--%
186 Wault USD WUSD $ --
$ --
$ --
--%
187 USD DWIN USDW $ --
$ --
$ --
--%
188 NXUSD NXUSD $ --
$ --
$ --
--%
189 IRON Stablecoin IRON $ --
$ --
$ --
--%
190 Vyvo US Dollar USDV $ --
$ --
$ --
--%
191 EUROe Stablecoin EUROE $ --
$ --
$ --
--%
192 USC USC $ --
$ --
$ --
--%
193 Classic USDC $USDC $ --
$ --
$ --
--%
194 USEU USEU $ --
$ --
$ --
--%
195 EUUS EUUS $ --
$ --
$ --
--%
196 UHKD UHKD $ --
$ --
$ --
--%
197 CHI CHI $ --
$ --
$ --
--%
198 Overnight DAI+ DAI+ $ --
$ --
$ --
--%
199 OilX Token OILX $ --
$ --
$ --
--%
200 MNEE USD Stablecoin MNEE $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers

Coins Live Price Market cap 24h
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.46B
$ 9.46 billion
+2.99%
PAX Gold PAXG $ 4,110.12
$ 1.84B
$ 1.84 billion
+1.24%
Quantoz USDQ USDQ $ 0.986
$ 5.75M
$ 5.75 million
+0.78%
Pax Dollar USDP $ 1.00
$ 29.68M
$ 29.68 million
+0.41%
PayPal USD PYUSD $ 1.000
$ 2.90B
$ 2.90 billion
+0.17%
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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