Stablecoins

244 coins #11 Page 2

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 Price Market cap 24h

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

51 Rupiah Token IDRT $ 0.0000590
$ 2.65M
$ 2.65 million
+1.89%
52 Vai VAI $ 1.00
$ 2.56M
$ 2.56 million
+0.05%
53 Dopple DOP $ 0.0207
$ 1.34M
$ 1.34 million
-0.57%
54 Level USD LVLUSD $ 0.999
$ 972,313
$ 972,313
-0.00%
55 XAUT0 XAUT $ 4,273.50
$ 788.32T
$ 788.32 trillion
-4.39%
56 Maya Preferred MPRD $ 84,275.82
$ 16.86T
$ 16.86 trillion
-15.01%
57 Tedra USD 2.0 USD.T $ 0.992
$ 99.22B
$ 99.22 billion
-0.07%
58 JUSD Stable Token JUSD $ 1.00
$ 50.00B
$ 50.00 billion
+0.00%
59 Hyper USD USDHL $ 0.998
$ 8.87B
$ 8.87 billion
+0.40%
60 Savings USDS SUSDS $ 2.49
$ 5.28B
$ 5.28 billion
-1.21%
61 BFUSD BFUSD $ 0.999
$ 1.47B
$ 1.47 billion
-0.00%
62 Royal Dollar RUSD $ 1.00
$ 1.00B
$ 1.00 billion
+0.04%
63 USAD USAD $ 1.00
$ 883.01M
$ 883.01 million
-0.30%
64 GUSD GUSD $ 0.999
$ 319.63M
$ 319.63 million
-0.02%
65 USX USX $ 0.999
$ 317.51M
$ 317.51 million
+0.06%
66 Frax USD FRXUSD $ 2.97
$ 314.36M
$ 314.36 million
+0.06%
67 Staked USDai SUSDAI $ 1.07
$ 251.23M
$ 251.23 million
-0.13%
68 DOLA DOLA $ 3.01
$ 241.07M
$ 241.07 million
+2.02%
69 infiniFi USD iUSD $ 1.000
$ 182.71M
$ 182.71 million
-0.02%
70 Strata Senior USDe srUSDe $ 1.01
$ 145.57M
$ 145.57 million
-0.07%
71 Sonic USD SCUSD $ 2.99
$ 127.08M
$ 127.08 million
+2.14%
72 MNEE USD Stablecoin MNEE $ 1.00
$ 101.79M
$ 101.79 million
+0.03%
73 Fidelity Digital Dollar FIDD $ 1.00
$ 59.61M
$ 59.61 million
+0.05%
74 EUR CoinVertible EURCV $ 1.15
$ 55.38M
$ 55.38 million
-0.51%
75 OSL Group’s U.S. dollar USDGO $ 1.000
$ 50.00M
$ 50.00 million
-0.01%
76 USD Neutrino USDN $ 0.0710
$ 45.29M
$ 45.29 million
+2.72%
77 Hylo USD HYUSD $ 1.00
$ 33.36M
$ 33.36 million
+0.02%
78 XT Stablecoin XTUSD $ 1.00
$ 32.80M
$ 32.80 million
+0.02%
79 Electronic USD eUSD $ 0.999
$ 28.96M
$ 28.96 million
-0.00%
80 Web 3 Dollar USD3 $ 2.49
$ 28.41M
$ 28.41 million
+2.01%
81 AllUnity EUR EURAU $ 1.15
$ 18.61M
$ 18.61 million
-0.29%
82 Silver Token XAGX $ 63.61
$ 15.90M
$ 15.90 million
-6.46%
83 Mai Stablecoin (BASE) MAI $ 0.998
$ 12.88M
$ 12.88 million
+0.73%
84 eSui Dollar suiUSDe $ 0.999
$ 12.82M
$ 12.82 million
-0.20%
85 USDM USDM $ 0.996
$ 11.99M
$ 11.99 million
+0.42%
86 Jupiter USD JupUSD $ 1.00
$ 11.70M
$ 11.70 million
-0.01%
87 USDA USDA $ 1.02
$ 10.36M
$ 10.36 million
+2.80%
88 FUSD FUSD $ 0.999
$ 8.79M
$ 8.79 million
-0.18%
89 MetaMask USD MUSD $ 1.000
$ 8.77M
$ 8.77 million
+0.00%
90 Resupply RSUP $ 0.123
$ 8.58M
$ 8.58 million
-3.80%
91 Wrapped FRAX WFRAX $ 0.434
$ 8.01M
$ 8.01 million
-6.32%
92 USDz USDZ $ 0.995
$ 7.72M
$ 7.72 million
+0.05%
93 Celo Euro CEUR $ 1.15
$ 6.98M
$ 6.98 million
-0.26%
94 Schuman EURØP EUROP $ 1.15
$ 6.76M
$ 6.76 million
-0.70%
95 SPUSD SPUSD $ 1.00
$ 5.88M
$ 5.88 million
+0.05%
96 Kyrgyz Som Stablecoin KGST $ 0.0114
$ 5.07M
$ 5.07 million
-0.09%
97 Meta USD MUSD $ 1.02
$ 3.87M
$ 3.87 million
+2.20%
98 ckUSDT CKUSDT $ 1.000
$ 3.29M
$ 3.29 million
-0.02%
99 Mezo USD MUSD $ 0.995
$ 3.25M
$ 3.25 million
-0.09%
100 Decentralized Euro DEURO $ 1.15
$ 3.25M
$ 3.25 million
-0.43%

Trending Stablecoins

Top Gainers
Coins Price Market cap 24h
Resolv RESOLV $ 0.0542
$ 18.62M
$ 18.62 million
+3.10%
USDS USDS $ 1.00
$ 11.53B
$ 11.53 billion
+0.11%
Agora AUSD $ 1.00
$ 147.29M
$ 147.29 million
+0.10%
PayPal USD PYUSD $ 1.00
$ 4.07B
$ 4.07 billion
+0.08%
StablR USD USDR $ 1.000
$ 6.32M
$ 6.32 million
+0.06%
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.

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