What are the most popular stablecoins available on Coinbase?

5 answers

• Augustine GarnerAug 24, 2022 · 3 years ago
  Sure! The most popular stablecoins available on Coinbase are Tether (USDT), USD Coin (USDC), and DAI. These stablecoins are widely used and trusted by the crypto community due to their stability and pegging to the value of a fiat currency. Tether is the largest stablecoin by market capitalization and is backed by reserves of fiat currency. USD Coin is a collaboration between Coinbase and Circle, and it is fully backed by US dollars held in bank accounts. DAI, on the other hand, is a decentralized stablecoin that is maintained by the MakerDAO community.
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• Anna MesrobyanJun 21, 2020 · 5 years ago
  When it comes to stablecoins on Coinbase, the top choices are Tether (USDT), USD Coin (USDC), and DAI. These stablecoins have gained popularity due to their ability to maintain a stable value, making them useful for trading and storing value. Tether is widely used across various exchanges and has the highest trading volume among stablecoins. USD Coin is backed by Coinbase and is regulated, providing users with a high level of trust. DAI, as a decentralized stablecoin, offers users the benefit of being governed by smart contracts rather than a central authority.
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• Nico HuJun 17, 2024 · a year ago
  Ah, stablecoins on Coinbase! Well, the most popular ones you'll find there are Tether (USDT), USD Coin (USDC), and DAI. These stablecoins have become quite the talk of the town in the crypto world. Tether is like the big daddy of stablecoins, with a massive market cap and widespread usage. USD Coin, as the name suggests, is backed by good old US dollars and is a joint venture between Coinbase and Circle. DAI, on the other hand, is a decentralized stablecoin that's governed by a smart contract. So, if you're looking for some stability in the volatile crypto market, these stablecoins are worth checking out!
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• Eason YaoDec 22, 2022 · 3 years ago
  Tether (USDT), USD Coin (USDC), and DAI are the most popular stablecoins available on Coinbase. Tether is the most widely used stablecoin and has the highest trading volume. It is backed by reserves of fiat currency and is often used as a substitute for traditional currency on exchanges. USD Coin is a regulated stablecoin that is fully backed by US dollars held in bank accounts. DAI, on the other hand, is a decentralized stablecoin that is maintained by the MakerDAO community. These stablecoins provide users with options for stable value storage and trading on the Coinbase platform.
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• Șandor Jozsa RobertJun 23, 2024 · a year ago
  Looking for stablecoins on Coinbase? You're in luck! The most popular ones you'll find there are Tether (USDT), USD Coin (USDC), and DAI. Tether is the king of stablecoins, with the highest market capitalization and widespread usage across various exchanges. USD Coin, backed by Coinbase and Circle, offers users a regulated stablecoin option that is fully backed by US dollars. DAI, on the other hand, is a decentralized stablecoin that operates on the Ethereum blockchain. So, whether you're a fan of centralized or decentralized options, Coinbase has got you covered with these popular stablecoins!
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