The dollar went digital. Your money didn't.
Over 99% of every stablecoin on earth is a claim on the US dollar. Stablemove is how the rest of the world's money starts catching up.
Each one is a smaller slice of the one before it. The last number is ours, not the industry's. Separately, 52 countries already have a chapter going.
Only 31 of 155 currencies have a stablecoin. Here they are.
Green ones trade against another currency on our book. Purple ones have a stablecoin in circulation. Pink ones are the ones people keep asking for. Hover or tap a coin to see its card.
A tax on the people least able to pay it
The top four are about the world and each says where it came from. The four under them are ours, and we say so.
And the part that is ours to answer for
Three things, in order of difficulty
Every country issues
A stablecoin in the money people actually get paid in and pay rent in. Not a dollar with a local name on it.
Every adult holds one
A wallet, savings, and money you own outright. No bank hours, no counter that shuts at five, nobody's permission.
Every currency connects
A token nobody will trade isn't much use. Someone has to be willing to quote it against another one at a fair price.
Why this is worth building
We started this because the money most people get paid in still cannot move the way dollars can. That is the whole idea. The table further up is us trying to be honest about how far along we are, which right now is not very far.
Most money still cannot move the way the dollar does
Over 99% of stablecoin value is a claim on the US dollar. Of the 155 currencies people earn and spend in, 129 have no stablecoin at all, good or bad.
Someone has to be willing to trade it
Issuing a local stablecoin is the easier half, and it is the half that gets written about. The harder part is having someone there willing to price it against another currency at a fair rate, both ways, on an ordinary Tuesday. That is why we put the fill sizes up rather than a list of the tokens we support. Adding a token to a list is easy enough. Having the liquidity to fill an order in it is the slow part.
A lot of what gets called local is really dollars
We went through the ones people point to, one at a time, reading each operator's own pages. Nearly all of them move a dollar stablecoin and convert to local money at the other end. That works, and it genuinely helps people. It is just not the same as holding money in what you get paid in, and that gap is the bit we are trying to close.
Fifty-two countries, one name
Every one of these runs its own edition during the week, organised by people who live there. The lead is whoever earned it in the last thirty days.
The people this depends on
Issuers, payment firms, wallets, exchanges and the rails under all of it. Nobody paid to be here and being listed isn't an endorsement.
The whole entry price is one post.
Say which currency you live on. Bring one person in. Run a workshop for ten people. That's it, and it's enough.
Find your currency.
All 155 in circulation. Green trades on our book, purple has a stablecoin, grey has nothing yet. Tap any of them to see what you can do.
Currencies people asked for, that nothing answered
Over a forty-five day window the order book received 1,460 quote requests across 124 pairs. 776 of them found no liquidity on the other side. These are the biggest gaps. This is Sera's own quote log, not an industry statistic, and we publish it because the industry is who can close it.
The board is checked every morning
When a currency wakes up, or a new coin turns up anywhere in the world, it shows here. This is the whole point: the number is supposed to move.
State of Stablemove, 2026
The baseline for 2026, the first year we counted. Every year after gets measured against this, which is why we published it while the numbers were still small and a bit embarrassing.
| Measure | 2026 | Where it comes from |
|---|---|---|
| Currencies in circulation | 155 | ISO 4217, excluding fund, metal and special-purpose codes |
| Currencies with a stablecoin of any kind | 30 | sera.cx/stablecoins directory: at least one coin with a market cap above zero |
| Currencies with nothing at all | 125 | The remainder, and the actual size of the job |
| Largest non-dollar stablecoin | A rouble token | Under US, UK and EU sanctions. Counted, not linked |
| Country chapters open | 52 | community.sera.cx, one per country, lead won on thirty-day activity |
| Live corridors on the convener's book | 3 | Convener's own figure. Reproducible from public contracts on chain |
| Tokens in the convener's registry | 40 across 22 currencies | Convener's own figure. Public endpoint, checkable by anyone |
Seven things you can actually do.
No marching, no lobbying. Most of this you can do from your phone this week, and every one of them earns XP at community.sera.cx.
Say which currency you live on
One post, in your own language, saying which currency you live on and whether it has a stablecoin. Sounds trivial. It isn't. Every post puts a country on the map, and you can't write it without picking a side.
Bring one person in
Not a hundred people. One. Someone who sends money home, runs a small import business, or gets paid from abroad. They're who this is for. And honestly they'll be more convincing at a family dinner than any of us are online.
Write the explainer your country does not have
In most languages there's nothing readable on what a local stablecoin is, what it isn't, and where the law stands. Write 800 words. Be honest about the risks. Link your sources. There's nothing else out there in your language, so people will find it.
Send one real payment and publish the receipt
Send real money to a real person. Write down the corridor, what it cost, and what it replaced. Compare it to what a bank or a remittance shop would have charged. If it came out worse, say so. Verified stories go on the public wall and they do more work than any thread.
Run a workshop for ten people
A room, an evening, ten chairs. There's an agenda further down this page. You don't need to be an expert. You need to be about a week ahead of the room, and to say so when you don't know something.
Represent your chapter during the week
Every country has a chapter. During Stablemove Week yours runs its own edition under the one name. Someone has to put their name on it, book a room or a call, and write up what happened afterwards. That can be you.
Learn to quote a pair, then teach someone else
Nobody explains this part properly. Quoting a currency pair is a real job with real risk and real income, and it's the only thing that turns a dead token into a working corridor. Learn it, do it small, then teach someone near you.
Your card, and your post
Pick your currency. You get a card worth posting and some words you can edit to sound like you.
1080 by 1350, sized for a feed.
A workshop agenda that works with ten people and no budget
Ninety minutes. No slides needed after the first ten. The only equipment is one phone per person and somebody willing to be the example.
| Time | What happens | Why it is in the agenda |
|---|---|---|
| 0:00 | Ask the room who sends or receives money across a border, and what it cost them last time. | Starts with their problem, not your topic. The numbers people say out loud are always worse than they expect. |
| 0:15 | Show what a stablecoin in your own currency would be. Name the ones that exist near you. | Makes it local immediately. A dollar token is an abstraction; their own currency is not. |
| 0:30 | Everyone installs a wallet and receives a very small amount from you. | The moment it becomes real. Keep the amount trivial so nobody is anxious. |
| 0:50 | Do one live swap between two currencies and read the rate out loud against a bank's. | The comparison is the argument. Do not editorialise, just read both numbers. |
| 1:05 | Explain where yield comes from, and where losses come from. Both, at the same length. | If you only teach the upside you have taught them to get hurt. See the yield page. |
| 1:20 | Ask who wants to run the next one, and write their name down before anyone leaves. | A workshop that does not produce the next organiser was a talk, not a chapter. |
How yield really works.
Where the money comes from, and how you lose it. Both, at the same length. None of this is advice.
It's not staking and it's not interest
Not a savings rate
Nobody is promising to pay you a percentage. There's no rate card. If someone shows you a fixed one for this, they're selling you something else.
Not a reward for waiting
Money parked and left alone earns nothing here. The income shows up because you're doing a job. Stop doing the job and it stops.
Not risk free
There's a specific way this loses money, described below. It's not a rare edge case. It's just the cost of doing it.
You quote a price, and you get paid for standing there
Bids on one side, asks on the other, a gap in the middle. You post both prices and leave them resting. The gap between them is the spread, and on a live corridor competition keeps it to a small fraction of one percent.
Somebody crosses your price because it beats their alternative. You now hold more of one currency and less of the other, and you have earned the difference from the middle.
The income is in the round trip, not the single fill. Buy below the middle, sell above it, repeatedly, on a pair with genuine two-way flow. One-way flow is not a business, it is an inventory problem.
The four ways this loses money
Teach these in the same breath as the income, every time, to everyone.
Running Earn on Sera
Sera publishes an open source bot that does the quoting for you. It only ever posts, never takes the other side of a trade, and it signs a heartbeat every six minutes so the book knows your quotes are still live. The public dashboard is at earn.sera.cx.
Pick a pair you understand
Start with a corridor that already has flow both ways, not the most exotic one on the board. If you don't have a feel for how that currency moves in a normal week, you're not ready to quote it.
Size it at what you can afford to lose entirely
Not an amount you'd be upset to lose. An amount you could lose entirely and be fine. This is the rule that keeps people around after a bad month.
Install the bot and connect a wallet you control
Ask Sera for the earn bot and the setup notes, and you can see what other makers are doing at earn.sera.cx. It is non custodial: it signs orders with your key and cannot move funds anywhere you have not authorised. Read the source before you run it, and do not run any trading software you have not read.
Set your spread and your maximum position
Tighter spread, more fills, less on each. Wider spread, more per fill, but it might sit untouched for days. The position cap is what stops a bad day turning into a disaster, so set it before you need it.
Watch it for a week before you scale it
Look at what actually filled, which way you ended up leaning, and whether the income covered the move against you. A week of small real numbers will teach you more than this page will.
Then teach one other person in your chapter
This is where it compounds. Five people in a chapter quoting the same local pair can move that currency from issued to trading. That shows up on the board and in the annual count.
52 countries. One name.
No application and no fee. The person who leads your country is whoever did the most in the last thirty days.
You just pick one
Open your dashboard at community.sera.cx and declare your country. One per person, changeable. If you do not pick, one is inferred from where you log in.
Thirty-day experience
Nobody appoints it. The top experience holder over a trailing thirty days holds the seat and the Flag Bearer badge, with a grace window before it changes hands.
Someone outworks you
Which is the point. A seat you can't lose is just a title. A seat that changes hands is a reason for the second most active person in the country to keep showing up.
What a chapter edition has to include
Set low on purpose, so five people in a room can clear it. Specific on purpose, so nobody can take the name and run something we wouldn't stand behind.
A named organiser
One real person who puts their name to it publicly, in advance.
A public listing
Posted on this site before it happens, so anyone in that country can turn up.
A report back
A short write-up afterwards: who came, what happened, what you would change.
One local voice
Somebody from the country who is not from the community. An issuer, a journalist, a shop owner.
Three formats that have worked
The ten-chair evening
A borrowed room, ninety minutes, the workshop agenda from the playbook. Cheapest to run, highest conversion, produces the next organiser in the room.
The online panel
Ninety minutes, three local voices, recorded and posted. Works where distance or law makes a physical gathering awkward, and it leaves an artefact behind.
The piggyback
Attach to a fintech or developer meetup that already exists in your city and take a thirty-minute slot. Fastest route to a room full of the right people.
All fifty-two, and where each one's currency stands
These are the countries the community already posts from. They're the remittance-heavy, FX-squeezed places where this actually bites. Click one to jump to its currency on the board.
Who's building this.
Issuers, payment firms, wallets and exchanges. Nobody paid to be here. Every exchange shows how many currencies beyond the dollar you can actually trade on it.
It's already happening. Everywhere.
Every stablecoin, payments and fintech event we can verify, anywhere in the world. Ours is the one we are responsible for.
Six days, and what happens on each
The founding edition is online. No venue, no badge, nothing to fly to. Each day has one thing to do, and every one of them is already written down on this site.
5 to 10 October 2026
The count goes up
We publish the founding number: how many of the world’s 155 currencies have a stablecoin on the morning the week opens. Everything after this gets measured against that.
See the board →Bring one person
One, not a hundred. Someone who sends money home or gets paid from abroad. They don’t have to care about crypto. They already care about the fee.
How that works →Write the missing explainer
In most languages there is nothing readable about local stablecoins. Eight hundred words, honest about the risk, sources linked. TOKEN2049 is on in Singapore the same day, so there will be plenty to argue with.
What to cover →Send one real payment
Real money, a real person, then publish the receipt. The corridor, what it cost, what it replaced. If it came out worse than the bank would have, say that too.
Publish a receipt →Workshops, and yield taught properly
Ten chairs and an evening. The agenda is on the take part page. Whoever runs it also walks the room through self-running Earn, including the four ways it loses money.
Yield, no sales pitch →Chapters close it, and we count again
Every chapter writes up what happened in its own country. We publish what moved in six days and set the date for 2027. Chapter editions carry on from the 12th.
Chapter rules →Times are wherever you are. It runs online, so the day is your day, not ours.
Nothing listed there yet. If you know of one, tell us.
Chapter editions open once TOKEN2049 closes
National weeks run under the one name from the second week of October onward. India, Philippines, Malaysia, Japan, China and any other chapter that puts an organiser's name forward. If you want yours listed, that starts in the playbook.
Where we have actually got to.
How much each corridor can take, measured every morning against the live book. Some mornings it looks bad. It goes up either way.
How much each corridor can take
Every morning we ask for a real quote at 100, then 1,000, then bigger, until the book says no. The last size that worked is what shows up below. If a corridor got thinner this week, that is what you will see.
| Corridor | Fills up to | Relative depth | Rate |
|---|
Amounts are in whatever currency you are selling. Dry means it would not quote even at 100. Settlement runs on the Sera order book, so these depths are really its depths, and the command below asks it directly instead of going through us.
How to check this yourself
The quote endpoint is public and needs no API key. Paste this in and you should get what the table got. If you get something else, the table is wrong and we would like to know.