In the crypto world, the most stable tokens are called stablecoins. Among them, the most stable and widely used token is:
USDT (Tether)
Backed by: Fiat currency (mostly US dollars)
Stability: Maintains a 1:1 peg with the US dollar
Usage: Most commonly used stablecoin for trading and transferring value
Other stablecoins that are also considered highly stable include:
1. USDC (USD Coin) – Issued by Circle; also pegged to USD.
2. DAI – A decentralized stablecoin backed by crypto assets, managed by MakerDAO.
3. BUSD – Previously issued by Binance, pegged to USD (note: BUSD is being phased out as of 2023-2024).
$USDC
