Stablecoins on *Binance* are cryptocurrencies typically pegged to the value of a real currency like the US dollar, and are used for trading as a stable alternative to volatile currencies.
Here are the most popular stablecoins available on Binance:
✅ Major Stablecoins:
1. *USDT (Tether)*
- The most widely used on Binance.
- Backed by the US dollar.
2. *USDC (USD Coin)*
- Issued by Circle, audited and regulated.
3. *FDUSD (First Digital USD)*
- A new fully US dollar-backed stablecoin that Binance has recently started promoting.
4. *DAI*
- A decentralized stablecoin backed by digital assets, issued by MakerDAO.
5. *TUSD (TrueUSD)* *(Support has been reduced)*
- Was supported on Binance, but its trading has recently been reduced for regulatory reasons.