Current Stablecoin Overview (September 2024):

The stablecoin market continues to hold its ground, with the most popular coins maintaining close to their peg. Here's a quick look:

USDT (Tether): $1.00
USDC (USD Coin): $1.00
BUSD (Binance USD): $1.00
DAI: $1.00
TUSD (TrueUSD): $1.00
FRAX: $0.998
USDP (Pax Dollar): $1.00
Stablecoins like USDT and USDC remain leaders with billions in daily transactions. DAI continues to be a decentralized option, while FRAX adjusts slightly below the peg.

📊 Check the chart for a visual snapshot!

#Stablecoins #Crypto #USDT #USDC #DeFi

Stablecoins like USDT and USDC are indeed leaders in the market, but it's interesting to see DAI's decentralized approach and FRAX's slight deviation from the peg.