Stablecoins that have wide adoption and are listed on reputable exchanges are generally more confident, such as Stablecoins with Fiat Collateral because they are backed by a reserve fiat currency, such as US dollars or euros, held in a bank account. Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) are popular examples of fiat-backed stablecoins.

In terms of credibility The selection of stablecoins depends on factors such as transparency, audits, regulatory compliance, and the reputation of the stablecoin issuer. Credibility can vary between stablecoins, and it is advisable to research and assess these factors before making any investment decisions. Additionally, the market adoption, liquidity, and stability of the stablecoin peg to the underlying collateral are also important considerations.