Stablecoins

223 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 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.00%
102 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
103 Auryn AU $ 0.0121
$ 844,404
$ 844,404
+15.86%
104 KRWQ KRWQ $ 0.000691
$ 767,038
$ 767,038
+0.22%
105 USDx USDX $ 0.995
$ 674,679
$ 674,679
+0.13%
106 UXD Stablecoin UXD $ 1.02
$ 307,205
$ 307,205
-0.04%
107 Fathom Protocol FXD $ 0.835
$ 247,897
$ 247,897
-11.92%
108 Frax USD frxUSD $ 1.000
$ 225,183
$ 225,183
+0.00%
109 BOB BOB $ 1.00
$ 221,680
$ 221,680
+0.19%
110 AUDD AUDD $ 0.686
$ 174,577
$ 174,577
+0.22%
111 USD+ USD+ $ 1.00
$ 170,809
$ 170,809
+0.01%
112 Monster Slayer Cash MSC $ 0.0218
$ 147,625
$ 147,625
+0.28%
113 AXCNH AXCNH $ 0.144
$ 144,000
$ 144,000
+0.35%
114 VNX Euro VEUR $ 1.18
$ 132,687
$ 132,687
+0.68%
115 Frontier Stable Token FRNT $ 1.000
$ 94,993
$ 94,993
+0.04%
116 Dephaser JPY JPYT $ 0.00629
$ 94,246
$ 94,246
-0.16%
117 One Cash ONC $ 0.0256
$ 39,279
$ 39,279
+3.18%
118 CLP Coin CLPC $ 0.00115
$ 15,638
$ 15,638
+1.02%
119 EUR Neutrino EURN $ 0.0273
$ 13,125
$ 13,125
+3.71%
120 GMONEY COIN GMC $ 0.000174
$ 8,690
$ 8,690
-32.01%
121 Decentralized USD USDD $ 1.00
$ 2,480
$ 2,480
+0.03%
122 XUSD Stable XUSD $ 0.218
$ 1,603
$ 1,603
+0.00%
123 Rupiah Token IDRT $ --
$ --
$ --
--%
124 BiLira TRYB $ --
$ --
$ --
--%
125 Frapped USDT fUSDT $ --
$ --
$ --
--%
126 xDAI XDAI $ 0.991
$ --
$ --
-0.56%
127 Zetos ZES $ --
$ --
$ --
--%
128 Iron BSC IRON $ --
$ --
$ --
--%
129 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
130 Vai VAI $ --
$ --
$ --
--%
131 BRCP TOKEN BRCP $ --
$ --
$ --
--%
132 Dopple DOP $ --
$ --
$ --
--%
133 wrapped JAXNET WJXN $ --
$ --
$ --
--%
134 oneBTC ONEBTC $ --
$ --
$ --
--%
135 ZEDXION USDZ $ --
$ --
$ --
--%
136 Meter Stable MTR $ 0.335
$ --
$ --
+1.82%
137 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
138 Basis Gold Share BAGS $ --
$ --
$ --
--%
139 xDollar Stablecoin XUSD $ --
$ --
$ --
--%
140 SpiceUSD USDS $ --
$ --
$ --
--%
141 Num ARS NUARS $ --
$ --
$ --
--%
142 USDX [Kava] USDX $ --
$ --
$ --
--%
143 Midas Dollar MDO $ --
$ --
$ --
--%
144 Midas Dollar Share MDS $ --
$ --
$ --
--%
145 One Basis OBS $ --
$ --
$ --
--%
146 USD Open Dollar USDO $ --
$ --
$ --
--%
147 USD DWIN USDW $ --
$ --
$ --
--%
148 NXUSD NXUSD $ --
$ --
$ --
--%
149 IRON Stablecoin IRON $ --
$ --
$ --
--%
150 Vyvo US Dollar USDV $ --
$ --
$ --
--%

Trending Stablecoins

Top gainers

Coins Price Market cap 24h
TerraClassicUSD USTC $ 0.00667
$ 37.21M
$ 37.21 million
+3.44%
PAX Gold PAXG $ 5,035.68
$ 1.93B
$ 1.93 billion
+1.74%
Curve.Fi USD Stablecoin CRVUSD $ 0.978
$ 144.75M
$ 144.75 million
+0.91%
USD Base Coin USDBC $ 1.01
$ 7.73M
$ 7.73 million
+0.83%
EURC EURC $ 1.18
$ 362.77M
$ 362.77 million
+0.81%
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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