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!

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FRAX's slight deviation from the peg is a reminder that even decentralized stablecoins are not immune to market fluctuations.