Top 5 Stablecoins You Should Know About

Tether (USDT) The most traded stablecoin, pegged 1:1 to the dollar but faces scrutiny over its reserve audits.

USD Coin (USDC) A widely trusted, regulated stablecoin backed by cash and U.S. Treasuries with frequent attestations.

3. First Digital USD (FDUSD) A programmable stablecoin offering financial services with reserves managed across global institutions.

4. Dai (DAI) A decentralised, crypto-collateralised stablecoin, though partially reliant on centralised assets like USDC.

5. Ethena USDe (USDe) A synthetic dollar maintaining its peg via delta-neutral hedging, independent of traditional banking.

Conclusion:  Stablecoins are crypto’s bridge to mainstream finance, yet their evolution remains turbulent. As regulators circle and tech advances, the race for a perfect stablecoin intensifies.