Stablecoins

278 coins #11

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

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# Coins Live Price Market cap 24h
1 Tether USD USDT $ 1.000
$ 186.57B
$ 186.57 billion
-0.02%
2 USDC USDC $ 1.00
$ 74.89B
$ 74.89 billion
-0.00%
3 USDS USDS $ 1.00
$ 10.57B
$ 10.57 billion
+0.13%
4 Binance-Peg BSC-USD BSC-USD $ 1.00
$ 8.99B
$ 8.99 billion
-0.06%
5 Dai DAI $ 1.00
$ 5.14B
$ 5.14 billion
+0.00%
6 World Liberty Financial USD USD1 $ 1.00
$ 4.58B
$ 4.58 billion
+0.27%
7 Ethena USDe USDE $ 1.00
$ 4.45B
$ 4.45 billion
-0.04%
8 PayPal USD PYUSD $ 1.00
$ 2.78B
$ 2.78 billion
+0.03%
9 Global Dollar USDG $ 1.00
$ 2.64B
$ 2.64 billion
-0.02%
10 PAX Gold PAXG $ 4,227.69
$ 1.93B
$ 1.93 billion
+0.37%
11 Ripple USD RLUSD $ 0.999
$ 1.84B
$ 1.84 billion
-0.17%
12 USDD USDD $ 1.00
$ 1.36B
$ 1.36 billion
-0.01%
13 United Stables U $ 1.00
$ 1.06B
$ 1.06 billion
+0.01%
14 Gho Token GHO $ 0.999
$ 598.58M
$ 598.58 million
-0.03%
15 TrueUSD TUSD $ 0.999
$ 494.01M
$ 494.01 million
+0.01%
16 EURC EURC $ 1.16
$ 437.37M
$ 437.37 million
-0.04%
17 First Digital USD FDUSD $ 0.998
$ 336.91M
$ 336.91 million
-0.02%
18 sUSD Synthetix SUSD $ 4.31
$ 228.38M
$ 228.38 million
+40.23%
19 Agora AUSD $ 1.00
$ 139.26M
$ 139.26 million
-0.09%
20 Binance USD BUSD $ 1.00
$ 55.97M
$ 55.97 million
+0.40%
21 Quantoz USDQ USDQ $ 0.994
$ 49.50M
$ 49.50 million
-0.04%
22 XUSD XUSD $ 1.00
$ 47.98M
$ 47.98 million
+0.01%
23 EURITE EURI $ 1.16
$ 47.76M
$ 47.76 million
-0.07%
24 Pax Dollar USDP $ 1.00
$ 45.56M
$ 45.56 million
-0.01%
25 Gemini dollar GUSD $ 1.00
$ 37.70M
$ 37.70 million
-0.05%
26 TerraClassicUSD USTC $ 0.00602
$ 33.57M
$ 33.57 million
+1.67%
27 BOLD Stablecoin BOLD $ 1.000
$ 31.08M
$ 31.08 million
-0.05%
28 Tether America USD USAT $ 0.999
$ 19.99M
$ 19.99 million
-0.01%
29 XSGD XSGD $ 0.780
$ 15.15M
$ 15.15 million
+0.22%
30 Worldwide USD WUSD $ 0.997
$ 11.32M
$ 11.32 million
+0.11%
31 Resolv RESOLV $ 0.0169
$ 6.93M
$ 6.93 million
+2.57%
32 USD Base Coin USDBC $ 1.00
$ 6.43M
$ 6.43 million
-0.12%
33 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.09M
$ 5.09 million
+0.07%
34 Reservoir DAM $ 0.0113
$ 4.46M
$ 4.46 million
+5.13%

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

35 Curve.Fi USD Stablecoin CRVUSD $ 10.17
$ 1.85B
$ 1.85 billion
+28.07%
36 Usual USD USD0 $ 0.999
$ 559.47M
$ 559.47 million
+0.28%
37 Resupply USD reUSD $ 8.94
$ 449.66M
$ 449.66 million
+3.32%
38 Legacy Frax Dollar FRAX $ 0.993
$ 273.87M
$ 273.87 million
-0.11%
39 Curve.fi DAI/USDC/USDT 3CRV $ 1.14
$ 182.32M
$ 182.32 million
+9.62%
40 USDsui USDsui $ 1.00
$ 75.15M
$ 75.15 million
-0.05%
41 Origin Dollar OUSD $ 9.91
$ 63.05M
$ 63.05 million
+28.05%
42 Fidelity Digital Dollar FIDD $ 1.000
$ 59.59M
$ 59.59 million
+0.02%
43 TerraUSD UST $ 0.00593
$ 58.17M
$ 58.17 million
+0.19%
44 Anchored Coins EUR AEUR $ 1.14
$ 54.15M
$ 54.15 million
-0.32%
45 Mezo USD MUSD $ 0.998
$ 49.92M
$ 49.92 million
-0.15%
46 Liquity USD LUSD $ 1.10
$ 39.12M
$ 39.12 million
+9.64%
47 Decentralized Social DESO $ 3.19
$ 28.34M
$ 28.34 million
+5.57%
48 Bucket Protocol BUCK Stablecoin BUCK $ 0.995
$ 25.85M
$ 25.85 million
+0.03%
49 Celo Dollar CUSD $ 0.957
$ 15.00M
$ 15.00 million
-9.99%
50 StablR Euro EURR $ 1.03
$ 11.52M
$ 11.52 million
+0.00%
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Trending Stablecoins

Top Gainers
Coins Live Price Market cap 24h
sUSD Synthetix SUSD $ 4.31
$ 228.38M
$ 228.38 million
+40.23%
Reservoir DAM $ 0.0113
$ 4.46M
$ 4.46 million
+5.13%
Resolv RESOLV $ 0.0169
$ 6.93M
$ 6.93 million
+2.57%
TerraClassicUSD USTC $ 0.00602
$ 33.57M
$ 33.57 million
+1.67%
Binance USD BUSD $ 1.00
$ 55.97M
$ 55.97 million
+0.40%
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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