Stablecoin Projects and Leaders: An overview of popular stablecoin projects such as Tether (USDT), USD Coin (USDC), DAI and more


Stablecoins have become a significant element in the world of cryptocurrencies, offering price stability and a wide range of applications. In this article, we will explore several popular stablecoin projects and their impact on the digital economy.

  1. Tether (USDT)

Tether, issued by Tether Limited, is one of the most popular and widely used stablecoins. It is pegged to fiat currency, primarily the US dollar, with the promise of full backing for each Tether coin by fiat reserves. USDT has widespread use in cryptocurrency exchanges and serves as a key tool for trading and storing digital assets.

  1. USD Coin (USDC)

USD Coin is a stablecoin created in collaboration between Circle and Coinbase. Similar to Tether, USDC is pegged to the US dollar at a 1:1 ratio. The project aims to provide transparency and audibility of its reserves to verify that each issued USDC is backed by fiat currency. USDC is used in various areas, including digital payments, decentralized finance (DeFi), and other cryptocurrency services.

  1. DAI

DAI is a decentralized stablecoin developed by MakerDAO. Unlike the previous projects, DAI is not directly pegged to fiat currency. Instead, it utilizes a collateral system and blockchain-based smart contracts on the Ethereum network to maintain price stability. Users can collateralize various assets, such as Ethereum, as a guarantee to create DAI. This makes DAI a more decentralized and self-regulating stablecoin.

  1. Binance USD (BUSD)

Binance USD is a stablecoin developed by the largest cryptocurrency exchange, Binance. It is also pegged to the US dollar and issued in collaboration with partners holding banking licenses. BUSD offers the benefits of integration with the Binance ecosystem, including ease of use for trading on the exchange and decentralized financial platforms.

  1. TrueUSD (TUSD)

TrueUSD is another stablecoin pegged to the US dollar. It is developed by TrustToken, a company that emphasizes legal and financial transparency. TrueUSD conducts monthly audits to verify the presence of reserves backing the issued coins. It offers fast and reliable digital payments and a wide range of applications in blockchain and financial services.


Stablecoins have become an important tool in the world of digital assets, providing stability and usability. Projects such as Tether, USD Coin, DAI, and others have significant influence on the cryptocurrency economy and offer various models for price stability support. However, despite their popularity, regulatory issues and risks remain relevant and require careful attention from regulatory authorities.

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