Saving Your Money in a Crisis With Cryptocurrencies
Too Long; Didn't Read
A stablecoin is a utility token that runs on top of a blockchain paired with the U.S. dollar so that its ratio is always 1:1. The most popular stablecoins are USDT, USDC, DAI, FRAX, TUSD, USDP, LUSD, GUSD, OUSD, and FEI. Most of the issuance of stablecoins is traded on centralized exchanges and runs on the Ethereum network. Most stablecoins run on Algorand, Solana, Avalanche, Stellar, Tron, Flow, and other blockchains.