Stable coins seek price stability by holding reserve assets as collateral or by employing algorithmic formulas that are designed to control supply.
Many investors have been saved.Steady chipFree from the basically inevitable ups and downs of the cryptocurrency market. Investors buy relatively stable coins every day because they bring greater security and preventEncrypted currencyUncertainty. Stable currency technology is a professional technology with great potential, but it also has a variety of advantages, implementation paths, risks related to liquidity and hidden acceptance obstacles.
Here are the top five smooth coins to be imported into your asset allocation this week
- Tie rope (USDT)
- Dollar coins (USDC)
- Binance (BU.S.)
- Yi nationality (DAI)
- Pax Dollar (USDP)
1. Tie rope (USDT)
Tie a ropeIt is one of the first coins to enter the market. A cryptocurrency based on BitcoinBlock chain technologyIt was first released as a real coin in 2014. Al Goran, EOS, OMG, TRONBTCTai Tai Fong, and Tether block chain technology is applied by Tether at this stage. Tether wants to combine the advantages of cryptocurrency OTP. In addition, the currency in circulation is safe.
At the time of writing, Tether shares are trading at $1.00, with a market capitalization of $66.5 billion, and 24-hour trading volume is up 43.79%. At present, it is $37.6 billion, and at the same time, according to the login password market tracking organization CoinMarketCap, the supply in circulation is about $66484835812.
two。 Dollar coins (USDC)
USDCCall yourself "digital dollar". The short-term investment of US debt is used to ensure its safety. This makes it possible for them to give the 1:1 conversion. In addition, you are allowed to convert all the USDC you own into US dollars. Many American financial institutions are responsible for foreign exchange deposits. In order to ensure clarity, a financial audit is conducted every month.
At the time of writing, the price of the US gold coin was US $0.9999, the market capitalization was US $43 billion, and the 24-hour trading volume increased by 15.67%. Now that's $3.40. In addition, according to the login password market tracking organization CoinMarketCap, the supply in circulation is about 43210272437 US dollars.
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3. Binans (Binance)
Binance dollarsReleased in 2019. This is the steady loan currency encouraged at 1:1. Paxos and Binance, a cryptocurrency financial company, created it. The reserves held by Paxos are equal to the total number of US dollar tokens in circulation. But like other stabilization funds encouraged by Fiat Motors. BASD can basically be applied at any time.ERC-20The application of Ethernet Square service platform is one of the many advantages.
At the time of writing, Binance had a US $1.00 dollar and a market capitalization of US $16 billion, and its 24-hour trading volume increased by 51.11%. Now that's $11.4. In addition, according to the login password market tracking organization CoinMarketCap, the supply in circulation is about $16336869437.
4. Yi nationality (DAI)
Dai is recommended by MakerDAO. It is a thruster to avoid auditing because it lacks a centralized publishing organization like other thrusters. Pledge liabilities in the form of ETH. However, the original encrypted currency of the Taifang block chain is pegged to the US dollar. Dai is one of the best steady people.
The price of Dai XianglongIn the article, it was US $1.00, the market capitalization was US $8.5 billion, and the 24-hour trading volume increased by 39.45%. But now it's $190 million. In addition, according to the information of the login password market tracking organization CoinMarketCap, the circulation supply is about 5856977464 DAI.
5.Pax Dollar (USDP)
On Paxos's platform, Pax Dollar is promoted as "the world's leading managed stable currency". Paxos Standard (PAX) made its debut in 2018. However, Pax Dollar (USDP) made its debut in August of the same year. Paxos changed the name of the coin to reflect the name and stock number of the dollar more closely.
The price of Pax dollarsIn the article, it was US $0.9969, the market capitalization was US $875 million, and the 24-hour trading volume increased by 0.52%. It's currently 1.9 million dollars. In addition, according to the information of the login password market tracking organization CoinMarketCap, the supply in circulation is about 878084065 USDP
Exemption agreement:This is not an investment value analysis. Please do a good job of financial due diligence before investing all the property in the project.
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