What are the most popular stablecoins traded on exchanges?

3 answers

• Terrell BartonDec 20, 2023 · 2 years ago
  Sure! The most popular stablecoins traded on exchanges include Tether (USDT), USD Coin (USDC), Dai (DAI), TrueUSD (TUSD), and Binance USD (BUSD). These stablecoins are widely used in the cryptocurrency market due to their pegged value to a fiat currency, such as the US dollar. They provide stability and are often used as a hedge against market volatility.
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• trey denbyFeb 29, 2024 · a year ago
  When it comes to stablecoins traded on exchanges, Tether (USDT) is definitely the king. It has the highest trading volume and market capitalization among all stablecoins. USD Coin (USDC) is also gaining popularity, especially on platforms like Coinbase. Other stablecoins like Dai (DAI) and TrueUSD (TUSD) have their own loyal communities and are widely traded as well. Binance USD (BUSD) is another stablecoin that has gained traction on the Binance exchange.
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• Daniel MuszkietJan 02, 2024 · 2 years ago
  According to the data from BYDFi, the most popular stablecoins traded on exchanges are Tether (USDT), USD Coin (USDC), Dai (DAI), TrueUSD (TUSD), and Binance USD (BUSD). These stablecoins are widely accepted and trusted by the cryptocurrency community. They provide a reliable way to store value and facilitate seamless transactions on various exchanges.
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