Stablecoins

314 coins #12 Page 5

Stablecoins are digital currencies backed by things like regular money or commodities, which means they have a steady value. More

Download
# Coins Live Price Market cap 24h

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

201 USDx USDX $ --
$ --
$ --
--%
202 Level USD LVLUSD $ --
$ --
$ --
--%
203 Web 3 Dollar USD3 $ --
$ --
$ --
--%
204 TON Bridged USDC JUSDC $ --
$ --
$ --
--%
205 f(x) USD fxUSD $ --
$ --
$ --
--%
206 ARYZE eGBP EGBP $ --
$ --
$ --
--%
207 EuroUnion EURC $ --
$ --
$ --
--%
208 VNDA Coin VNDA $ --
$ --
$ --
--%
209 AetherUSD USDA $ --
$ --
$ --
--%
210 Resupply RSUP $ --
$ --
$ --
--%
211 Asymmetry USDaf USDAF $ --
$ --
$ --
--%
212 VNDC VNDC $ --
$ --
$ --
--%
213 TENTER USD.T USD.T $ --
$ --
$ --
--%
214 UAH eStable UAHe $ --
$ --
$ --
--%
215 USD CoinVertible USDCV $ --
$ --
$ --
--%
216 Meta USD MUSD $ --
$ --
$ --
--%
217 Tedra USD USD.T $ --
$ --
$ --
--%
218 Tregrity USD USD.I $ --
$ --
$ --
--%
219 XSGD XSGD $ --
$ --
$ --
--%
220 HERMES HERMES $ --
$ --
$ --
--%
221 XAUT0 XAUT $ --
$ --
$ --
--%
222 Hyper USD USDHL $ --
$ --
$ --
--%
223 Open Stablecoin Index OPEN $ --
$ --
$ --
--%
224 Gho Token GHO $ --
$ --
$ --
--%
225 VNX Euro VEUR $ --
$ --
$ --
--%
226 Resupply USD reUSD $ --
$ --
$ --
--%
227 USDA USDA $ --
$ --
$ --
--%
228 Dephaser JPY JPYT $ --
$ --
$ --
--%
229 Brunch USD bUSD $ --
$ --
$ --
--%
230 Justice USD Coin JUSDC $ --
$ --
$ --
--%
231 Squill SQUILL $ --
$ --
$ --
--%
232 Monerium EURe EURe $ --
$ --
$ --
--%
233 AURO Finance AURO $ --
$ --
$ --
--%
234 Mezo USD MUSD $ --
$ --
$ --
--%
235 USDM USDM $ --
$ --
$ --
--%
236 Sigma Money BNBUSD $ --
$ --
$ --
--%
237 AllUnity EUR EURAU $ --
$ --
$ --
--%
238 Tether Fund USD.F $ --
$ --
$ --
--%
239 infiniFi USD iUSD $ --
$ --
$ --
--%
240 Gold Indonesia Republic GIDR $ --
$ --
$ --
--%
241 NairaX Token NX $ --
$ --
$ --
--%
242 Tether USD Bridged ZED 2.0 USDT.Z $ --
$ --
$ --
--%
243 Mitosis Matrix USDT (Lista) MAUSDT_LISTA $ --
$ --
$ --
--%
244 MetaMask USD MUSD $ --
$ --
$ --
--%
245 Cryptohost Bridged USD CUSD $ --
$ --
$ --
--%
246 Plume USD pUSD $ --
$ --
$ --
--%
247 USDai USDAI $ --
$ --
$ --
--%
248 Staked USDai SUSDAI $ --
$ --
$ --
--%
249 Lorenzo staked USD1+ SUSD1+ $ --
$ --
$ --
--%
250 USD X20 USD.x $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
Falcon USD USDF $ 1.00
$ 1.18B
$ 1.18 billion
+0.50%
Gemini dollar GUSD $ 1.00
$ 30.44M
$ 30.44 million
+0.27%
XSGD XSGD $ 0.784
$ 11.96M
$ 11.96 million
+0.21%
Global Dollar USDG $ 1.00
$ 3.46B
$ 3.46 billion
+0.11%
Ripple USD RLUSD $ 1.00
$ 1.75B
$ 1.75 billion
+0.08%
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.

Useful / Related Links