A stablecoin is a cryptocurrency with minimal volatility whose value is pegged to a stable asset: a fiat currency, a commodity, or a basket of assets. It is used as a safe haven and a means of settlement.

Cryptocurrency exchange rates are characterized by extremely high volatility, and this sharply limits the use of cryptocurrencies outside a narrow area. Stablecoins, on the other hand, are directly pegged to the price of a certain asset, so they are not subject to excessive volatility and have very high investment appeal...

TrueUSD is a cryptocurrency that is a stablecoin, or so-called Stable Coin, which runs on the ERC20 protocol based on Ethereum. TUSD is pegged to the US dollar and aims for a 1-to-1 ratio with the US dollar. The TrueUSD cryptocurrency is one of the developments of the TrustToken team...

Gemini Dollar (GUSD) is a stablecoin pegged to the US dollar at a one-to-one ratio, issued by the Gemini crypto exchange and backed by reserves in traditional currency, implemented as a token on the Ethereum blockchain.

Over the past 24 hours, the cryptocurrency market has shown a sharp decline, and the stablecoin Tether (USDT), taking advantage of the drop in the value of altcoins, has pushed the EOS coin out of 4th place in the ranking of the largest digital assets...