Stablecoins

237 coins #11

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

Download
# Coins Price Market cap 24h
1 Tether USD USDT $ 1.00
$ 183.97B
$ 183.97 billion
-0.00%
2 USDC USDC $ 1.000
$ 77.34B
$ 77.34 billion
+0.01%
3 USDS USDS $ 1.00
$ 10.79B
$ 10.79 billion
+0.62%
4 Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.99B
$ 8.99 billion
-0.03%
5 Ethena USDe USDE $ 0.999
$ 6.14B
$ 6.14 billion
-0.01%
6 Dai DAI $ 1.00
$ 5.14B
$ 5.14 billion
-0.07%
7 PayPal USD PYUSD $ 0.999
$ 4.18B
$ 4.18 billion
-0.07%
8 World Liberty Financial USD USD1 $ 1.000
$ 4.05B
$ 4.05 billion
+0.04%
9 PAX Gold PAXG $ 5,178.95
$ 2.57B
$ 2.57 billion
+0.69%
10 Global Dollar USDG $ 1.00
$ 1.71B
$ 1.71 billion
+0.03%
11 Ripple USD RLUSD $ 1.000
$ 1.43B
$ 1.43 billion
-0.02%
12 USDD USDD $ 1.000
$ 1.08B
$ 1.08 billion
-0.02%
13 United Stables U $ 1.00
$ 664.93M
$ 664.93 million
+0.01%
14 TrueUSD TUSD $ 0.999
$ 494.05M
$ 494.05 million
-0.00%
15 EURC EURC $ 1.16
$ 442.78M
$ 442.78 million
-0.06%
16 First Digital USD FDUSD $ 1.000
$ 373.16M
$ 373.16 million
-0.04%
17 Legacy Frax Dollar FRAX $ 0.994
$ 274.37M
$ 274.37 million
+0.05%
18 Agora AUSD $ 1.00
$ 145.37M
$ 145.37 million
+0.00%
19 EURITE EURI $ 1.16
$ 48.14M
$ 48.14 million
-0.03%
20 Gemini dollar GUSD $ 1.00
$ 47.11M
$ 47.11 million
+0.01%
21 Pax Dollar USDP $ 1.000
$ 45.55M
$ 45.55 million
+0.02%
22 BOLD Stablecoin BOLD $ 1.00
$ 39.23M
$ 39.23 million
+0.19%
23 Resolv RESOLV $ 0.0786
$ 29.45M
$ 29.45 million
+18.66%
24 TerraClassicUSD USTC $ 0.00494
$ 27.57M
$ 27.57 million
-3.03%
25 XUSD XUSD $ 1.00
$ 25.28M
$ 25.28 million
+0.00%
26 Tether America USD USAT $ 1.000
$ 20.00M
$ 20.00 million
+0.34%
27 StablR Euro EURR $ 1.16
$ 13.00M
$ 13.00 million
-0.05%
28 Worldwide USD WUSD $ 1.000
$ 11.35M
$ 11.35 million
+0.00%
29 Reservoir DAM $ 0.0333
$ 11.34M
$ 11.34 million
-4.33%
30 StablR USD USDR $ 0.995
$ 6.80M
$ 6.80 million
-0.02%
31 Quantoz USDQ USDQ $ 1.000
$ 6.16M
$ 6.16 million
-0.01%

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

32 Curve.Fi USD Stablecoin CRVUSD $ 2.88
$ 762.56M
$ 762.56 million
+5.42%
33 Usual USD USD0 $ 0.999
$ 571.38M
$ 571.38 million
-0.41%
34 Curve.fi DAI/USDC/USDT 3CRV $ 1.04
$ 166.68M
$ 166.68 million
-0.16%
35 Resupply USD reUSD $ 2.30
$ 115.77M
$ 115.77 million
-7.67%
36 OpenEden Compounding OpenDollar CUSDO $ 1.04
$ 63.32M
$ 63.32 million
-0.00%
37 Binance USD BUSD $ 0.999
$ 55.77M
$ 55.77 million
-0.19%
38 Anchored Coins EUR AEUR $ 1.15
$ 54.68M
$ 54.68 million
-0.09%
39 Decentralized Social DESO $ 5.59
$ 49.64M
$ 49.64 million
+1.70%
40 TerraUSD UST $ 0.00494
$ 48.41M
$ 48.41 million
-2.34%
41 sUSD Synthetix SUSD $ 0.813
$ 42.91M
$ 42.91 million
-5.94%
42 Liquity USD LUSD $ 1.00
$ 35.52M
$ 35.52 million
-0.17%
43 Bucket Protocol BUCK Stablecoin BUCK $ 0.999
$ 26.04M
$ 26.04 million
+0.02%
44 Euro Tether EURT $ 0.562
$ 22.47M
$ 22.47 million
+11.25%
45 Celo Dollar CUSD $ 0.999
$ 14.68M
$ 14.68 million
-0.21%
46 XSGD XSGD $ 0.782
$ 13.66M
$ 13.66 million
-0.19%
47 USD Base Coin USDBC $ 1.00
$ 7.11M
$ 7.11 million
-0.09%
48 Origin Dollar OUSD $ 1.000
$ 7.04M
$ 7.04 million
-0.01%
49 Fei Protocol FEI $ 1.000
$ 3.41M
$ 3.41 million
-0.46%
50 Vai VAI $ 1.000
$ 2.56M
$ 2.56 million
+0.12%
Download

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
Resolv RESOLV $ 0.0786
$ 29.45M
$ 29.45 million
+18.66%
PAX Gold PAXG $ 5,178.95
$ 2.57B
$ 2.57 billion
+0.69%
USDS USDS $ 1.00
$ 10.79B
$ 10.79 billion
+0.62%
Tether America USD USAT $ 1.000
$ 20.00M
$ 20.00 million
+0.34%
BOLD Stablecoin BOLD $ 1.00
$ 39.23M
$ 39.23 million
+0.19%
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.

Useful / Related Links