Compare Stable Coin Staking Rates
Stablecoins are cryptocurrencies that try to offer price stability and are backed by a reserve asset such as the US dollar. To many investors stablecoins offer the best of both worlds—the instant processing and security or privacy of cryptocurrency payments, and the volatility-free stable valuations of fiat currencies.
Tether (USDT)
Tether is a USD-pegged stablecoin, that is backed 100% by actual assets in the Tether platform’s reserve account. Each unit of USDT has a monetary value equal to $1 USD.
14% APR
USD Coin (USDC)
USDC is a fully backed US dollar stablecoin, created by Circle & Coinbase; and is powered by the Ethereum Network. It is traded on exchanges at a value of $1 USD. USDC is the bridge between dollars and trading on cryptocurrency exchanges.
14% APR
Binance USD (BUSD)
Binance USD is a 1:1 USD-backed stable coin issued by Binance. Unlike other stable coins, BUSD is approved and regulated by the New York State Department of Financial Services (NYDFS).
8.75% APR
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Commodity Backed Stable Coins
a cryptocurrency doesn’t need to be backed to fiat currency to be classified as ‘stable.’ Any coin, or token, can still be defined as stable, as long as it’s backed by a reserve asset. This includes a coin, or token, being backed to a commodity, such as precious metals, including silver, and gold.
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New stable coin USDD to launch on Tron Network
Justin Sun has announced he will use $10 billion in cryptocurrency as collateral to launch a new algorithmic stable coin called USDD on the TRON blockchain network.
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All you need to know about stable coins
A stable coin is a type of cryptocurrency coin that tracks the value of a specific fiat. No, not the European car manufacturer… fiat currency. This type of coin works in the same way that the US Dollar used to be tied to gold, before Nixon ended the gold standard.