Stable coins in cryptocurrency?

[Mcmich]

There is no such statistics on CoinMarketCap. Here, for example, their 19: https://cryptoslate.com/cryptos/stablecoin/
And the price of a normal stablecoin should be about $ 1.

With that price, that means most of the coins termed as stable aren't anywhere close to be called stable coins. I had a coin like that sometime last month and I patiently waited for it to enter $1 but no way, rather it went drifting away.. Well, a magic can happen though and get it there, but am out.

[1714922533]

1714922533

[integrity42]

Thanks to stable coins we can easier exchange our cryptocurrencies into FIAT money. You dont need to send your FIAT money everytime to your bank, you can simply hold this money in your Ethereum wallet.

Yes, stable coins are very useful in the cryptocurrency and in the market, without them the market is already difficult to imagine, because people are used to using stable coins

[CryptoGosu]

very day, more and more stablecoins are being created. I think this is a natural process. Anyway, less people trust Tezer and therefore new stablecoins are created for them.

[Inosend]

There has been quite a number of stable Coin and it's price is always set at $1. I don't know why many have problems with stable coin but it has been created to maintain stability in the crypto Market as the cryto market is highly volatile

[abake]

I don't really know how many stable coins are available at the moment but the popular ones are USDT, TUSD, USDC. Talking about cheapest stable coins sounds weird because stable coins are meant to be approximately 1$ , with very little variations expected since they are backed by USD. Probably you don't understand what stable coins mean.

[diazepam666]

I don't really know how many stable coins are available at the moment but the popular ones are USDT, TUSD, USDC. Talking about cheapest stable coins sounds weird because stable coins are meant to be approximately 1$ , with very little variations expected since they are backed by USD. Probably you don't understand what stable coins mean.

LOL you explained it perfectly mate.

Actually you missed PAX, Gemini dollar and some stable coins but this is okay for your rank and understanding buddy.

Lets learn more... Do more and learn it buddy. All the best...

[Impaler]

Till today in coin marketcap their is lots of stable coin available. I think their is 15-20 stable coin available in the market which have good volume. And day by day the number is increasing. If you see the past their is not many stable coin as today. After tether news many people are afraid of the usdt so many trusted source started to short this problem and release their own stable coin. Plus  almost every chain want to release a stable coin. Every exchange has their own not all but most of them. And the price of a stable coin depends what they are pagged into. Most of them are pegged through dollar. So price have to be $1. But if you are lucky you will get some discount sometimes like .01-.1%.

[jackblacksparrow]

Stable coins in the world of cryptocurrency is just nonsense.  Because this nebylo and most likely will not.  Because it is a cryptocurrency and it is the Internet.  What guarantees can be here?

[aderidwan98]

As far as I know there are 6 stable coin 1 Tether (USDT)
2 TrueUSD (TUSD)
3 MakerDAO (DAI)
4 Paxos Standard (PAX)
5 Gemini Dollar (GUSD)
6 USD Coin (USDC) You can see it in CMC and buy what you want

[cris17]

For me stable coins are Bitcoin, Ethereum and Binance Coin. These coins show stability and growth for years, and BNB impressed me with a stable and confident growth even when bears were ruling the crypto markets

[stigmacryptonight]

What I know is that stable coins are USDT and maybe there are others but I don't know yet. The lowest price of USDT if I'm not mistaken is $ 0.9. Because the USDT is supported by the US dollar, which means it will most likely be worth the dollar. This is what might be called stable coins.

[oemar bakrie]

A lot of coins that are registered in cmc(coinmarketcap) at the moment may be due to technological developments and very high exchange rates..for me, tokens that are still stable in cmc, and one of the remainder in my wallet is only open platform, until now it has undergone a change in its smart contract..

[unbotak]

What I know is that stable coins are USDT and maybe there are others but I don't know yet. The lowest price of USDT if I'm not mistaken is $ 0.9. Because the USDT is supported by the US dollar, which means it will most likely be worth the dollar. This is what might be called stable coins.

USDT is indeed the most popular among stable coins and is also proven to be stable because it always gets dollar prices.
but actually there are some other stable coins but not as stable as USDT.

[Mikell556]

Stable coins are a very conditional phenomenon in the crypto market. They remain stable as long as it is beneficial to their owners. As soon as they want to earn on their reputation as a stable coin - they will do it. That is why I do not trust the stable coin and try not to keep my money in them for a long time. I think it's better to be careful with them.

[whirlcoin]

How many stable coins have been registered at Coinmarketcap to date? And what is the cheapest price. Please provide your knowledge, Thank you for contributing to this comment.

investment on stablecoins means you want to take the future to be brighter and right now there are a lot of stable coin good currency will definitely helpful in your future inds with good stability is available for investment and we need to find them properly and investing on good currency will definitely helpful in your future

[Krismanto]

Determining the stable coin I think is not easy. Because looking at the price of all coins is easy to change. I only see the coins that keep growing is Bitcoin. By looking at the current situation the coin price is very difficult to predict. But to be safer and can make a profit. Invest in top coins like Bitcoin, Ethereum and Binance coin.

[Kiweikoo]

How many stable coins have been registered at Coinmarketcap to date? And what is the cheapest price. Please provide your knowledge, Thank you for contributing to this comment.

Stable coins are designed to have a little fluctuation as possible, and most of them u know are using the US dollar as benchmark while they try to maintain the $1 price. There other stable coins that are making use of other currencies as their benchmark as well, so you know that USD is not the only currency they use for a stable coin. Some of them makes use of the Euro.

The most popular stable coin there is, is USDT and it currently has a market cap of almost $3 billion. It is followed by other stable coins like TUSD and USDC. Then there is PAX, which was recently added to the blockchain wallet. Other ones are GUSD, DAI, EURS, BITCNY, etc.

[kogozer714]

For stable coins, maybe only a few of them like USDT, USDC, USDG, TUSD, which I think will only have a slight effect on the movement of bitcoin and other altcoins.

[shesheboy]

For stable coins, maybe only a few of them like USDT, USDC, USDG, TUSD, which I think will only have a slight effect on the movement of bitcoin and other altcoins.

Slight effect ?  No i dont think so  . Stable coins were also indemand because this was been used by traders and investors to keep/secure the value of their coins .  Its either they buy more stable coins which causes the market to decrease or they will sell their stable coins resulting for the market to recover and increase  .

[Mikcik]

I remember there are more than 5 stable coins used most often are USDT, TUSD, PAX, USDC, DAI. However, there are about 20 stable coins in the market, you can refer here
https://cryptoslate.com/cryptos/stablecoin/