Stablecoin Market Overview
Earn Yield on Stablecoins
Explore stablecoin yield opportunities on TokenDataView
Loading...
# | Token | Price | 24h Change | 7d Change | Market Cap | Pegged Against | Farming |
---|---|---|---|---|---|---|---|
# | USDTUSD Tether | $1.00 | ▲ 0.06% | ▼ 0.01% | $119,795,128,128 | USD | |
# | USDCUSD Coin | $1.00 | ▲ 0.00% | ▲ 0.01% | $34,730,149,663 | USD | |
# | DAIDAI | $1.00 | ▼ 0.00% | ▼ 0.01% | $5,857,034,937 | USD | |
# | USDeEthena USD | $1.00 | ▲ 0.07% | ▼ 0.10% | $2,436,719,244 | USD | |
# | sDAIMaker DAO | $1.11 | ▲ 0.05% | ▲ 0.10% | $1,245,807,376 | USD | |
# | pyUSDPayPal USD | $1.00 | ▲ 0.00% | ▲ 0.00% | $686,557,204 | USD | |
# | FRAXFrax | $1.00 | ▲ 0.03% | ▲ 0.12% | $648,002,299 | USD | |
# | USD0Usual | $1.00 | ▲ 0.04% | ▼ 0.13% | $295,927,124 | USD | |
# | deUSDElixir | $1.00 | ▲ 0.03% | ▲ 0.02% | $151,010,998 | USD | |
# | GHOGHO | $1.01 | ▼ 0.13% | ▲ 0.46% | $119,159,768 | USD | |
# | DOLAInverse | $1.00 | ▲ 0.03% | ▼ 0.03% | $113,582,047 | USD | |
# | USDPPaxos | $1.00 | ▲ 0.03% | ▼ 0.03% | $107,579,301 | USD | |
# | EUROCEURO Coin | $1.11 | ▲ 0.00% | ▼ 0.03% | $83,854,417 | USD | |
# | LUSDLiquity USD | $1.00 | ▼ 0.01% | ▼ 0.10% | $69,797,023 | USD | |
# | crvUSDcrvUSD | $1.00 | ▲ 0.03% | ▼ 0.05% | $61,671,029 | USD | |
# | VAIVenus | $0.08 | ▲ 6.48% | ▲ 4.92% | $295,932 | USD | |
# | eUSDElectronic USD | $0.00 | ▲ 0.00% | ▲ 5.49% | $0 | USD | |
# | TUSDTrueUSD | $0.00 | ▲ 0.00% | ▲ 0.02% | $0 | USD |
Stablecoin FAQ
What is a stablecoin?
A stablecoin is a type of cryptocurrency designed to maintain a stable value relative to a reference asset, typically a fiat currency like the US dollar. Unlike volatile cryptocurrencies such as Bitcoin or Ethereum, stablecoins aim to provide price stability, making them useful for everyday transactions and as a store of value.
How do stablecoins maintain their value?
Stablecoins use various mechanisms to maintain their peg to the reference asset:
- Fiat-collateralized: Backed by reserves of the pegged currency
- Crypto-collateralized: Backed by other cryptocurrencies
- Algorithmic: Use smart contracts to adjust supply and maintain the peg
What are the benefits of using stablecoins?
Stablecoins offer several advantages:
- Price stability in volatile crypto markets
- Fast and low-cost international transfers
- Access to cryptocurrency markets without exposure to high volatility
- Potential for earning yield through lending or staking
Are there risks associated with stablecoins?
While stablecoins aim to be stable, they still carry some risks:
- Counterparty risk for centralized stablecoins
- Potential for de-pegging in extreme market conditions
- Regulatory uncertainty in some jurisdictions