Best Stablecoins in 2022

The best Stablecoins

What is a Stablecoin?

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How to identify them?

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USDT: No.1 Stablecoin

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USDC Stablecoin

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BUSD Stablecoin

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Poundtoken GBPT

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Can you mine them?

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Which one is the best?

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About Algo stablecoins

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Is it a good investment?

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Checkout these Crypto Projects:

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The best Stablecoins

The best Stablecoins

What is a Stablecoin?

What is a Stablecoin?

Coin that does not fluctuate under volatile conditions is a stablecoin. A safe haven to secure liquidity.

Coin that does not fluctuate under volatile conditions is a stablecoin. A safe haven to secure liquidity.

How to identify them?

How to identify them?

Easiest way to identify a stablecoin is to check the peg. Most stablecoins are pegged against the fiat currency in a 1:1 ratio.

Easiest way to identify a stablecoin is to check the peg. Most stablecoins are pegged against the fiat currency in a 1:1 ratio.

USDT: No.1 Stablecoin

USDT: No.1 Stablecoin

Launched in 2014, Tether is owned by iFinex, a Hong Kong based company. Is it safe? Check the details-

Launched in 2014, Tether is owned by iFinex, a Hong Kong based company. Is it safe? Check the details-

USDT

USDT

USDC Stablecoin

USDC Stablecoin

Launched in 2018, it was created by Coinbase & Circle with USD peg. Is it audited? Check details -

Launched in 2018, it was created by Coinbase & Circle with USD peg. Is it audited? Check details -

USDC

USDC

BUSD Stablecoin

BUSD Stablecoin

BUSD is a stablecoin by Paxos & Binance. It is audited on a monthly basis Details-

BUSD is a stablecoin by Paxos & Binance. It is audited on a monthly basis Details-

BUSD

BUSD

Poundtoken GBPT

Poundtoken GBPT

Launched in 2022, its the first stablecoin pegged against GBP. Interesting details inside the link -

Launched in 2022, its the first stablecoin pegged against GBP. Interesting details inside the link -

GBPT

GBPT

Can you mine them?

Can you mine them?

Stablecoin works on a fixed peg. It cannot be mined but requires regular auditing. USDT has been charged for mismanaging funds

Stablecoin works on a fixed peg. It cannot be mined but requires regular auditing. USDT has been charged for mismanaging funds

Which one is the best?

Which one is the best?

Honestly, it depends on the transparency of the company & the spread of token across exchanges & chains. USDT is leading

Honestly, it depends on the transparency of the company & the spread of token across exchanges & chains. USDT is leading

About Algo stablecoins

About Algo stablecoins

There are algorithmic stablecoins that functions without peg like UST & GHO (AAVE). We won't recommend them

There are algorithmic stablecoins that functions without peg like UST & GHO (AAVE). We won't recommend them

Is it a good investment?

Is it a good investment?

Stablecoins aren't a good investment. They aren't volatile in nature hence won't appreciate in value like other crypto tokens.

Stablecoins aren't a good investment. They aren't volatile in nature hence won't appreciate in value like other crypto tokens.

Checkout these Crypto Projects:

Checkout these Crypto Projects:

1..AAVE

1..AAVE

2..ThorChain

2..ThorChain

3..COSMOS

3..COSMOS

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