List of All Stablecoins:A Comprehensive List of Stablecoins in Existence Today
emikoauthorStablecoins have become an increasingly important part of the cryptocurrency landscape in recent years. They are digital assets designed to provide a stable value, making them suitable for use in transactions and as store of value. Stablecoins aim to track the value of a traditional asset, such as the U.S. dollar, to provide users with a less volatile investment option. In this article, we will provide a comprehensive list of all stablecoins in existence today, along with their key features and uses.
1. Tether (USDT)
Tether is the first and one of the most popular stablecoins. Launched in 2014, it is pegged to the U.S. dollar and has a circulation of over 46 billion tokens. USDT is often used as a gateway coin, allowing users to easily transition between crypto and fiat currencies.
2. USDC (United States Dollar Coin)
Created by the Ethereum Foundation in 2018, USDC is a fair launch stablecoin that aims to provide a transparent and secure platform for creating and redeeming U.S. dollars in crypto assets. USDC has a circulating supply of over 468 million tokens and is fully collateralized by U.S. dollars.
3. GUSD (Gemini Dollar)
GUSD is a peer-to-peer stablecoin created by Gemini, a New York-based digital asset firm. Launched in 2018, GUSD is fully collateralized by U.S. dollars and has a circulating supply of over 40 million tokens. Gemini aims to provide a secure and transparent stablecoin for use in transactions and as a store of value.
4. USDK (USD Coin)
USDK is a stablecoin created by Chainlink, a blockchain project focused on providing oracle services. Launched in 2020, USDK is pegged to the U.S. dollar and has a circulating supply of over 1 billion tokens. USDK aims to provide a secure and transparent stablecoin for use in various applications, including exchanges, finance, and IoT devices.
5. BUSD (Binance USD)
BUSD is a stablecoin created by Binance, the world's largest cryptocurrency exchange. Launched in 2020, BUSD is pegged to the U.S. dollar and has a circulating supply of over 1 billion tokens. BUSD aims to provide a secure and transparent stablecoin for use in transactions and as a store of value.
6. PAXUSD (Paxos Standard)
PAXUSD is a stablecoin created by Paxos, a New York-based financial services firm. Launched in 2018, PAXUSD is fully collateralized by U.S. dollars and has a circulating supply of over 400 million tokens. Paxos aims to provide a secure and transparent stablecoin for use in transactions and as a store of value.
7. USDP (United States Dollar Peak)
USDP is a stablecoin created by Peak Crypto, a blockchain platform focused on providing secure and transparent stablecoins. Launched in 2019, USDP is fully collateralized by U.S. dollars and has a circulating supply of over 300 million tokens. Peak Crypto aims to provide a secure and transparent stablecoin for use in transactions and as a store of value.
8. TrueUSD (True Coin)
TrueUSD is a stablecoin created by TrueCoin, a California-based financial services firm. Launched in 2018, TrueUSD is fully collateralized by U.S. dollars and has a circulating supply of over 200 million tokens. TrueCoin aims to provide a secure and transparent stablecoin for use in transactions and as a store of value.
Stablecoins have become an essential part of the cryptocurrency landscape, providing users with a stable value alternative to traditional assets. As the use cases for stablecoins continue to expand, we can expect to see more stablecoins launched and evolved in the coming years.