Global #stablecoin

In the sometimes-volatile world of cryptocurrency, stablecoins offer a safe haven. But with USDT (Tether) and USDC (USD Coin) as the top contenders, which one reigns supreme? Let's break down their key features to help you decide.

Stablecoins, cryptocurrencies designed to maintain a stable value by pegging to a reserve asset like the US dollar, have emerged as a significant force in the digital finance landscape.

The Telegram-linked blockchain, TON, is experiencing a surge in Tether (USDT) adoption, with circulation surpassing $500 million. This milestone comes just two months after Tether introduced both its gold-backed XAUT and dollar-backed USDT stablecoin on the TON network.

Maker (MKR) isn't just a cryptocurrency, it's the governance token behind MakerDAO and its brainchild, Dai (DAI). MakerDAO is a decentralized organization that built Dai, a stablecoin pegged to the US dollar. Unlike traditional crypto's volatility, Dai aims for stability, making it useful for everyday transactions.

Curve Finance is a popular DeFi platform for swapping stablecoins. Convex Finance takes things a step further. It acts as a booster for Curve users, allowing them to earn amplified rewards on their Curve investments.

Franklin Templeton, a leading asset manager, is reportedly exploring the launch of a new private fund catering to institutional investors, offering exposure to alternative cryptocurrencies (altcoins) and staking rewards.