usd stablecoin

A USD stablecoin is a type of cryptocurrency that is designed to maintain a stable value by being pegged to the U.S. dollar, usually in a 1:1 ratio. Each token is typically backed by equivalent reserves of U.S. dollars or other secure assets, helping to reduce price volatility often seen in other cryptocurrencies. Examples include USDC, USDT, and BUSD.
Recent contents
  1. Paxos Accidentally Minted $300 Trillion in Stablecoins — Twice the World’s GDP

    Paxos Accidentally Minted $300 Trillion in Stablecoins — Twice the World’s GDP

    Paxos Accidentally Mints $300 Trillion in Stablecoins — Twice the World’s GDP In a bizarre and short-lived technical incident, Paxos — PayPal’s official crypto partner and issuer of the PYUSD stablecoin — accidentally created nearly $300 trillion worth of tokens, briefly doubling the value of...
  • This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Accept Learn more…
Back
Top