Best Stablecoin to Buy Now-

1. Dai-

#Dai is another fantastic stablecoin, pegged to the US dollar by keeping reserves of the world’s second-largest cryptocurrency: ethereum.

2. Tether-

One of the earliest #stablecoins and potentially the most well-known is Tether.

In fact, according to Yahoo Finance, #Tether is the largest and most actively traded stablecoin on the market, with a market cap of $65.3 billion as of 24 November 2022.

3. TrueUSD-

#TrueUSD is another type of fiat-backed stablecoin that offers stability in typically volatile markets.

The coin, which was launched in 2018 by the trading platform TrustToken, is reportedly very transparent, giving investors in-depth information about its reserves and supply.

4. USD Coin-

USD Coin ($USDC ) is often pointed to as one of the best stablecoins available on the market thanks to its transparency and integrity.

5. Binance USD-

Launched by the #Binance trading platform, the eponymous fiat-backed stablecoin Binance USD ($BUSD ) is typically pegged to the value of the US dollar.