Stablecoins

230 coins #12 Page 3

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

101 Tokenised GBP TGBP $ 1.36
$ 2.62M
$ 2.62 million
+0.12%
102 AUDD AUDD $ 0.706
$ 2.61M
$ 2.61 million
+0.13%
103 USC Stablecoin USC $ 1.19
$ 2.06M
$ 2.06 million
-0.11%
104 HAI Index Token HAI $ 1.37
$ 1.71M
$ 1.71 million
-1.68%
105 Parallel PAR $ 1.25
$ 1.61M
$ 1.61 million
-1.50%
106 Sigma Money BNBUSD $ 1.01
$ 1.59M
$ 1.59 million
+1.28%
107 Wrapped A7A5 1.0 wA7A5 $ 0.0138
$ 1.46M
$ 1.46 million
-0.06%
108 USDH USDH $ 0.996
$ 1.42M
$ 1.42 million
-0.13%
109 Stable Coin SBC $ 1.00
$ 1.15M
$ 1.15 million
+0.01%
110 Aussie Dollar Token AUDX $ 0.706
$ 1.02M
$ 1.02 million
-0.22%
111 Tether MXNt MXNT $ 0.0460
$ 919,800
$ 919,800
+0.00%
112 Wrapped USTC USTC $ 0.00896
$ 797,344
$ 797,344
+0.32%
113 One Cash ONC $ 0.361
$ 553,559
$ 553,559
+6,795.87%
114 UAH eStable UAHe $ 0.0229
$ 550,879
$ 550,879
+0.47%
115 UXD Stablecoin UXD $ 1.04
$ 311,572
$ 311,572
-0.08%
116 Auryn AU $ 0.00424
$ 296,893
$ 296,893
+3.30%
117 Fathom Protocol FXD $ 0.905
$ 268,633
$ 268,633
+0.47%
118 BOB BOB $ 1.00
$ 221,429
$ 221,429
-0.02%
119 Frax USD frxUSD $ 1.000
$ 199,350
$ 199,350
+0.01%
120 USD+ USD+ $ 1.00
$ 170,762
$ 170,762
+0.03%
121 AXCNH AXCNH $ 0.145
$ 145,000
$ 145,000
-0.07%
122 Monster Slayer Cash MSC $ 0.0162
$ 109,170
$ 109,170
-2.15%
123 Frontier Stable Token FRNT $ 1.000
$ 94,993
$ 94,993
+0.00%
124 Dephaser JPY JPYT $ 0.00626
$ 85,716
$ 85,716
-0.01%
125 VNX Euro VEUR $ 1.19
$ 82,148
$ 82,148
+0.12%
126 Midas Dollar MDO $ 0.0134
$ 19,056
$ 19,056
-1.02%
127 CLP Coin CLPC $ 0.00115
$ 16,120
$ 16,120
+0.06%
128 XUSD Stable XUSD $ 0.218
$ 1,603
$ 1,603
+0.00%
129 EUR Neutrino EURN $ --
$ --
$ --
--%
130 Frapped USDT fUSDT $ --
$ --
$ --
--%
131 xDAI XDAI $ 1.00
$ --
$ --
+2.00%
132 Zetos ZES $ --
$ --
$ --
--%
133 Iron BSC IRON $ --
$ --
$ --
--%
134 Zephyr Stable Dollar ZSD $ --
$ --
$ --
--%
135 BRCP TOKEN BRCP $ --
$ --
$ --
--%
136 Dopple DOP $ --
$ --
$ --
--%
137 Euro Tether EURT $ --
$ --
$ --
--%
138 wrapped JAXNET WJXN $ --
$ --
$ --
--%
139 GMONEY COIN GMC $ --
$ --
$ --
--%
140 oneBTC ONEBTC $ --
$ --
$ --
--%
141 ZEDXION USDZ $ --
$ --
$ --
--%
142 Meter Stable MTR $ 0.338
$ --
$ --
+0.00%
143 Reflexer Ungovernance Token FLX $ --
$ --
$ --
--%
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
sUSD Synthetix SUSD $ 0.815
$ 42.74M
$ 42.74 million
+3.57%
TerraClassicUSD USTC $ 0.00510
$ 28.47M
$ 28.47 million
+1.32%
Agora AUSD $ 1.00
$ 197.06M
$ 197.06 million
+0.42%
Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.00B
$ 9.00 billion
+0.15%
Ripple USD RLUSD $ 1.00
$ 1.42B
$ 1.42 billion
+0.15%
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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