Top 5 Ethereum Classic Stable Dollar Competitors & Alternatives And Similar Dual-Token Stablecoin Projects

Cardano's native overcollateralized stablecoin, developed by IOG and powered by COTI. $DJED is backed by $ADA and uses $SHEN as a reserve coin

Algo-Stables , CDP , Decentralized Stablecoin , DeFi , Dual-Token Stablecoin , Partially Algorithmic Stablecoin

Cardano , Ergo , Milkomeda C1

$12,091,189

1,801

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f(x) splits ETH into a mix of low-volatility “floating stablecoins” called fETH and high volatility “leveraged ETH” tokens called xETH. Users can supply ETH or stETH to mint either one (pure ETH is zapped into stETH before deposit)

CDP , DeFi , Dual-Token Stablecoin , Partially Algorithmic Stablecoin

BNB Chain , Ethereum

$60,173,010

10,937

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7,991

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An overcollateralized algorithmic stablecoin backed by DOGE on dogechain.

CDP , Decentralized Stablecoin , DeFi , Dual-Token Stablecoin , Partially Algorithmic Stablecoin

Dogechain

$4,361

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Money On Chain is a self-contained DeFi protocol (a stablecoin, HODL token, leveraging mechanism, and more) which empowers Bitcoiners to improve performance of their assets while also retaining full control of their private keys.

Decentralized Stablecoin , DeFi , Dual-Token Stablecoin , Lending , Partially Algorithmic Stablecoin

Rootstock

$65,404,187

6,620

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RIF On Chain offers a censorship-resistant stablecoin protocol on Rootstock, enabling users to mint USDRIF, a fully crypto-collateralized stablecoin, and RIF PRO, a leveraged token for RIF holders and traders

Decentralized Stablecoin , DeFi , Dual-Token Stablecoin , Partially Algorithmic Stablecoin

Rootstock

$10,491,493

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