Stablecoins

244 coins #12 Page 3

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

# Coins Price Market cap 24h

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

101 Decentralized Euro DEURO $ 1.16
$ 3.27M
$ 3.27 million
+0.27%
102 Mezo USD MUSD $ 0.995
$ 3.25M
$ 3.25 million
-0.03%
103 USDKG USDKG $ 1.000
$ 3.00M
$ 3.00 million
-0.04%
104 AUDD AUDD $ 0.698
$ 2.58M
$ 2.58 million
-0.26%
105 Tokenised GBP TGBP $ 1.34
$ 2.57M
$ 2.57 million
+0.38%
106 USC Stablecoin USC $ 1.08
$ 1.87M
$ 1.87 million
+0.87%
107 USD Open Dollar USDO $ 0.00180
$ 1.84M
$ 1.84 million
-1.01%
108 HAI Index Token HAI $ 1.33
$ 1.66M
$ 1.66 million
+0.85%
109 Parallel PAR $ 1.22
$ 1.58M
$ 1.58 million
+1.06%
110 Sigma Money BNBUSD $ 0.995
$ 1.57M
$ 1.57 million
-0.98%
111 USDH USDH $ 0.996
$ 1.42M
$ 1.42 million
-0.14%
112 Wrapped A7A5 1.0 wA7A5 $ 0.0131
$ 1.39M
$ 1.39 million
+0.79%
113 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.10%
114 Balance Coin BLC $ 0.995
$ 1.03M
$ 1.03 million
-0.16%
115 Aussie Dollar Token AUDX $ 0.700
$ 1.01M
$ 1.01 million
-0.76%
116 Auryn AU $ 0.0118
$ 828,640
$ 828,640
+8.88%
117 MYRC MYRC $ 0.251
$ 777,407
$ 777,407
-0.00%
118 Wrapped USTC USTC $ 0.00869
$ 772,817
$ 772,817
+0.24%
119 Tether MXNt MXNT $ 0.0378
$ 756,000
$ 756,000
+0.00%
120 Osmosis allUSDT USDT $ 1.000
$ 670,880
$ 670,880
-1.16%
121 UAH eStable UAHe $ 0.0224
$ 538,869
$ 538,869
+0.09%
122 wrapped JAXNET WJXN $ 0.00606
$ 485,096
$ 485,096
+1.17%
123 JuiceDollar JUSD $ 1.00
$ 334,048
$ 334,048
+0.00%
124 Mitosis Matrix USDT (Lista) MAUSDT_LISTA $ 0.990
$ 322,297
$ 322,297
+0.06%
125 UXD Stablecoin UXD $ 1.02
$ 303,513
$ 303,513
-0.27%
126 Frax USD frxUSD $ 1.000
$ 199,342
$ 199,342
-0.01%
127 Fathom Protocol FXD $ 0.624
$ 185,147
$ 185,147
-11.03%
128 USD+ USD+ $ 1.000
$ 170,614
$ 170,614
-0.02%
129 JPYC JPYC $ 0.0000627
$ 154,371
$ 154,371
-3.80%
130 AXCNH AXCNH $ 0.144
$ 144,500
$ 144,500
-0.14%
131 MAI MIMATIC $ 0.00948
$ 115,687
$ 115,687
-2.79%
132 Monster Slayer Cash MSC $ 0.0167
$ 112,986
$ 112,986
+1.42%
133 Frontier Stable Token FRNT $ 1.000
$ 94,986
$ 94,986
+0.02%
134 Dephaser JPY JPYT $ 0.00626
$ 85,651
$ 85,651
-0.00%
135 VNX Euro VEUR $ 1.16
$ 80,115
$ 80,115
+0.13%
136 USDp USDp $ 1.00
$ 37,214
$ 37,214
+0.00%
137 Midas Dollar MDO $ 0.0135
$ 19,239
$ 19,239
+0.41%
138 CLP Coin CLPC $ 0.00111
$ 15,612
$ 15,612
+0.13%
139 ARYZE eGBP EGBP $ 1.32
$ 10,561
$ 10,561
-2.34%
140 USC USC $ 0.00148
$ 7,538
$ 7,538
-21.35%
141 BOB BOB $ 0.00950
$ 2,102
$ 2,102
-2.82%
142 XUSD Stable XUSD $ 0.247
$ 1,812
$ 1,812
+78.96%
143 GGUSD GGUSD $ 1.00
$ 35
$ 35
+0.01%
144 EUR Neutrino EURN $ --
$ --
$ --
--%
145 Frapped USDT fUSDT $ --
$ --
$ --
--%
146 xDAI XDAI $ 0.993
$ --
$ --
+0.27%
147 Zetos ZES $ --
$ --
$ --
--%
148 Iron BSC IRON $ --
$ --
$ --
--%
149 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
150 GYEN GYEN $ --
$ --
$ --
--%

Trending Stablecoins

Top Gainers

Coins Price Market cap 24h
Reservoir DAM $ 0.0284
$ 9.67M
$ 9.67 million
+1.09%
TerraClassicUSD USTC $ 0.00480
$ 26.78M
$ 26.78 million
+0.92%
EURC EURC $ 1.16
$ 442.13M
$ 442.13 million
+0.39%
XSGD XSGD $ 0.782
$ 16.79M
$ 16.79 million
+0.12%
Agora AUSD $ 1.00
$ 147.16M
$ 147.16 million
+0.11%
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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