🚀💰💸 The 3 Best Stablecoins In My Portfolio ❤️❤️❤️

The bull run has made many people rich and these tokens will reinforce that.

✔️USDC: A major stablecoin that passed the market crash test.

✔️FDUSD : A unique stability strategy that has fueled tremendous growth over the past two years.

✔️Dai: Decentralized finance stablecoin has formed a reliable reserve source.

1️⃣USDC

When market leaders collaborate, great projects are created. Circle and Coinbase have announced USDC. Other stablecoins follow a 1:1 relationship with the US dollar, which is a reliable base level.

This cryptocurrency launched on Ethereum (ETH-USD) in 2018 and later moved to Algorand (ALGO-USD) and Solana. The seemingly trustworthy Silicon Valley Bank (SVB) has posed an unexpected threat. The token quickly dropped to $0.87 in 2023.

The instability in the US financial sector has affected SVB, which holds Circle's $3 billion in reserves. This was generally portrayed negatively, but the initiative overcame tensions and proved its sustainability.

First Digital USD (FDUSD)

Since 2023, discerning crypto fans have been loving the young and ambitious stablecoin. First Digital USD (FDUSD) outperforms digital assets pegged to the US dollar. A good alternative for insurance and financial transactions without the need for intermediaries.

First Digital Trust Ltd. Manage project reserves and dollars. Cash, T-Bills and overnight repurchase agreements (repos) replenish reserves, enhancing customer confidence in exchange rate stability. Every month, an independent audit verifies the #FDUSD‬⁩ reserves.

TOUGH

Dai has been helping users manage risk and maximize decentralized finance since 2019. Maker Foundation designed this project so that collateral always exceeds the number of DAI tokens in circulation. MakerDAO now controls stablecoins. The decentralized autonomous organization (DAO) governance protects the project from a small group.