Top 5 Stablecoins for Safe Investment

Sumedha Sen

Tether, often abbreviated as USDT, is a cryptocurrency with a unique feature that sets it apart from other digital currencies.

USD Coin (USDC) is a stablecoin that has taken the cryptocurrency world by storm making it a stable and reliable form of payment in the volatile world of cryptocurrencies.

Binance USD is a stablecoin pegged to the U.S. dollar, with a 1:1 ratio, issued by Paxos, a regulated financial institution that holds the corresponding U.S. dollars in reserve.

Dai is a stablecoin that was created by MakerDAO, a decentralized autonomous organization (DAO) built on the Ethereum Blockchain.

TrueUSD was launched in 2018 by TrustToken, a fintech company that specializes in creating tokenized assets.

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