Stablecoins

224 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 USC Stablecoin USC $ 1.04
$ 2.15M
$ 2.15 million
+0.24%
102 Parallel PAR $ 1.28
$ 1.65M
$ 1.65 million
+1.85%
103 HAI Index Token HAI $ 1.30
$ 1.63M
$ 1.63 million
+0.94%
104 Wrapped A7A5 1.0 wA7A5 $ 0.0138
$ 1.47M
$ 1.47 million
-0.97%
105 USDH USDH $ 0.998
$ 1.42M
$ 1.42 million
-0.13%
106 Sigma Money BNBUSD $ 0.856
$ 1.35M
$ 1.35 million
-95.74%
107 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.19%
108 Aussie Dollar Token AUDX $ 0.700
$ 1.01M
$ 1.01 million
+1.29%
109 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
110 Wrapped USTC USTC $ 0.00948
$ 843,225
$ 843,225
-4.68%
111 MYRC MYRC $ 0.252
$ 780,926
$ 780,926
-0.01%
112 eUAH eUAH $ 0.0226
$ 543,342
$ 543,342
+1.61%
113 UXD Stablecoin UXD $ 1.02
$ 306,390
$ 306,390
-0.28%
114 Fathom Protocol FXD $ 0.759
$ 225,413
$ 225,413
+5.24%
115 Frax USD frxUSD $ 1.000
$ 225,207
$ 225,207
+0.01%
116 BOB BOB $ 1.00
$ 221,541
$ 221,541
+0.08%
117 AUDD AUDD $ 0.699
$ 177,794
$ 177,794
+0.93%
118 USD+ USD+ $ 1.00
$ 170,842
$ 170,842
+0.05%
119 Monster Slayer Cash MSC $ 0.0220
$ 148,805
$ 148,805
+1.64%
120 AXCNH AXCNH $ 0.144
$ 144,100
$ 144,100
+0.21%
121 VNX Euro VEUR $ 1.19
$ 133,802
$ 133,802
+0.13%
122 Frontier Stable Token FRNT $ 1.00
$ 95,026
$ 95,026
+0.12%
123 Dephaser JPY JPYT $ 0.00629
$ 94,249
$ 94,249
+0.01%
124 One Cash ONC $ 0.0246
$ 38,942
$ 38,942
-0.04%
125 Midas Dollar MDO $ 0.0141
$ 19,992
$ 19,992
+0.39%
126 CLP Coin CLPC $ 0.00115
$ 15,674
$ 15,674
+0.27%
127 Decentralized USD USDD $ 0.999
$ 2,476
$ 2,476
+0.29%
128 XUSD Stable XUSD $ 0.218
$ 1,603
$ 1,603
+0.00%
129 USD Neutrino USDN $ --
$ --
$ --
--%
130 EUR Neutrino EURN $ --
$ --
$ --
--%
131 BiLira TRYB $ --
$ --
$ --
--%
132 Frapped USDT fUSDT $ --
$ --
$ --
--%
133 xDAI XDAI $ 0.996
$ --
$ --
+0.32%
134 Zetos ZES $ --
$ --
$ --
--%
135 Iron BSC IRON $ --
$ --
$ --
--%
136 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
137 GYEN GYEN $ --
$ --
$ --
--%
138 BRCP TOKEN BRCP $ --
$ --
$ --
--%
139 Dopple DOP $ --
$ --
$ --
--%
140 wrapped JAXNET WJXN $ --
$ --
$ --
--%
141 GMONEY COIN GMC $ --
$ --
$ --
--%
142 oneBTC ONEBTC $ --
$ --
$ --
--%
143 Meter Stable MTR $ 0.347
$ --
$ --
+2.84%
144 Basis Gold Share BAGS $ --
$ --
$ --
--%
145 xDollar Stablecoin XUSD $ --
$ --
$ --
--%
146 SpiceUSD USDS $ --
$ --
$ --
--%
147 Num ARS NUARS $ --
$ --
$ --
--%
148 USDX [Kava] USDX $ --
$ --
$ --
--%
149 Midas Dollar Share MDS $ --
$ --
$ --
--%
150 One Basis OBS $ --
$ --
$ --
--%

Trending Stablecoins

Top gainers

Coins Price Market cap 24h
PAX Gold PAXG $ 5,289.43
$ 2.03B
$ 2.03 billion
+3.74%
Resolv RESOLV $ 0.118
$ 41.84M
$ 41.84 million
+3.34%
TerraClassicUSD USTC $ 0.00637
$ 35.55M
$ 35.55 million
+1.15%
StablR Euro EURR $ 1.19
$ 13.34M
$ 13.34 million
+0.77%
Curve.Fi USD Stablecoin CRVUSD $ 0.995
$ 147.33M
$ 147.33 million
+0.70%
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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