How many stable coins do we have??

[Sincerem]

I have traded in shitcoins before and the plan behind it is to sell as soon as you have obtained a good profit because it’s volatility is unparalleled. They are also prone to rug pulls so it is advisable to invest what you can afford to lose

That one is for sure. When I traded it before in the past, There were a lot of rugpulling . Even coins that seems to have a better use case was also rugpulling at the same time.

 

[Bigron]

That one is for sure. When I traded it before in the past, There were a lot of rugpulling . Even coins that seems to have a better use case was also rugpulling at the same time.

That is quite an unfortunate situation to get into. Coins can masquerade as being the beacon of legitimacy, but at the end they will rug pull and make away with your funds that you have invested.

 

[Sincerem]

That's the most confusing aspects of most cryptocurrency. They might appears to be the Most legitimate only for it to rugpull. Is not really easy. That's why cryptocurrency is a risk to be taken.

 

[frederick_9]

Many thanks for the update; it helped me learn more about all of these solid coins.
I was aware that there are additional stable coins available than the USDT and USDC household coins.
When I check CoinMarketCap, I occasionally used to see one of them dip to $0.9999 and their vicinity.

 

[Mohammed Rashid]

There are many stable coins, but the ones I am most confident in are USDC, USDT, and USD Dollar. These stable coins are supported by Binance, coinbase, blockchain wallets, and other reputable wallets all over the world.

 

[Skysaint]

There are many stable coins, but the ones I am most confident in are USDC, USDT, and USD Dollar. These stable coins are supported by Binance, coinbase, blockchain wallets, and other reputable wallets all over the world.

I thought it was the USDC that lost its value just recently and made a lot of people lose money or the coin already back to its feet? Well the most trusted right now is USDT and BUSD coin.

 

[Sincerem]

There are many stablecoin in existence but we can't identify all of them since they are not useful to us . I have an idea of the usdt , the busd, usdc and some others.

 

[Ronny_4son]

Their are coins i see in the coinmarketcap list of digital currency features, looking like stable coins. I only know of two stable coins, usdc, and usdt. I don't know if their is any again. But my instinct is telling me that, their are still other stable coins not yet discovered by me. Cos their are more than 4k plus coins in the coinmarketcap crypto list. When you check them via their ranks, you gonna see plenty of unknown coins, both the ones looking like stable coins and the ones without recognition and value. I still don't know if their are other stable coins, but I guess so, their is.

Can any one help me, if their is other stable Cryptocurrency that works hand in hand with fiat currency like the U.S dollar??

According to CoinMarketCap, there are currently over 200 stable coins in existence. The most popular stable coins include USDT(Tether), USDC(USD Coin), PAX( Paxod Standard), TUSD(TrueUSD), and DAI( Dai). These stable coins are designed to be pegged to a specific currency or commodity in order to maintain a stable value over time

 

[Riberet19]

According to CoinMarketCap, there are currently over 200 stable coins in existence. The most popular stable coins include USDT(Tether), USDC(USD Coin), PAX( Paxod Standard), TUSD(TrueUSD), and DAI( Dai). These stable coins are designed to be pegged to a specific currency or commodity in order to maintain a stable value over time

Yes, there really are too many, my favorite is still USDT and as an alternative USDC, although you forgot to include BUSD in the most popular, the Binance stablecoin that has gained so much strength lately, we also have the new Tron's stablecoin USDD