Top Tokens Stablecoins list April 2024.
🥇 List of the best stablecoins Dollar, ordered by market cap, price and trading volume.
| # | Moeda | Preço | 24H | 7D | 30D | MktCap | Volume 24H | Supply | Gráfico (7D) |
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What is Stablecoin USD?
Stablecoin cryptocurrencies bridge the crypto and everyday fiat currency worlds because their prices are pegged to a reserve asset like the US dollar or gold. This dramatically reduces volatility compared to something like Bitcoin and results in a form of digital money better suited for everything from day-to-day trading to making transfers between exchanges.
Combining the stability of traditional assets with the flexibility of digital assets has proven to be a very popular idea. Billions of dollars in value flowed into stablecoins like USD Coin (USDT), as they have become some of the most popular ways to store and trade value in the cryptocurrency ecosystem.
Why are USD stablecoins important?
The USDT stablecoin, for example, is backed by dollar-denominated assets of fair value at least equal to USDT in circulation in segregated accounts with regulated financial institutions. These accounts are attested (i.e. publicly verified) by an independent accounting firm. Like many other stablecoins, USDT currently operates on the blockchain Ethereum.
