Top 500 Stablecoins by Market Capitalization in pesos - Top Stablecoins by Value
Boss Wallet
2024-12-19 04:19:36
Gmaes
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Boss Wallet
2024-12-19 04:19:36 GmaesViews 0
Blockchain Stablecoins Market Trends
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What are Stablecoins?
Stablecoins are a type of cryptocurrency designed to maintain a stable value relative to a fiat currency or other assets.
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Characteristics |
| Decentralized Finance (DeFi) |
Enables lending, borrowing, and trading of cryptocurrencies |
| Stablecoin Algorithm |
Maintains value through various means such as gold-backed, fiat-backed or commodity-backed |
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Top 10 Stablecoins by Market Capitalization
Here are the top 10 stablecoins by market capitalization:
|
Stablecoin |
Market Capitalization (USD) |
Ranking |
| 1 |
Tether USDT |
$68,111,115,411.20 |
|
| 2 |
USDC USD Coin |
$43,114,111,110.80 |
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| 3 |
Paxos Standard (PAX) |
$24,415,111,110.40 |
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Q: How do I know which stablecoins are safe to invest in?
When investing in stablecoins, it's essential to conduct thorough research on each coin and its underlying assets. Look for coins that have a strong track record of stability and transparency, as well as those that are backed by reputable organizations or individuals.
Q: Can I use stablecoins for international transactions?
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Disclaimer: 1. This content is compiled from the internet and represents only the author's views, not the site's stance. 2. The information does not constitute investment advice; investors should make independent decisions and bear risks themselves. 24h Latest News  Hot News  | |
