Post
Topic
Board Altcoin Discussion
Re: Stable coins in cryptocurrency?
by
Kiweikoo
on 24/05/2019, 12:33:34 UTC
How many stable coins have been registered at Coinmarketcap to date? And what is the cheapest price. Please provide your knowledge, Thank you for contributing to this comment.
Stable coins are designed to have a little fluctuation as possible, and most of them u know are using the US dollar as benchmark while they try to maintain the $1 price. There other stable coins that are making use of other currencies as their benchmark as well, so you know that USD is not the only currency they use for a stable coin. Some of them makes use of the Euro.

The most popular stable coin there is, is USDT and it currently has a market cap of almost $3 billion. It is followed by other stable coins like TUSD and USDC. Then there is PAX, which was recently added to the blockchain wallet. Other ones are GUSD, DAI, EURS, BITCNY, etc.