What are the types of stablecoins? What are the stablecoins in digital currency?
Jul 08, 2025 pm 11:51 PMStablecoins are an important cornerstone of the crypto world, maintaining price stability by anchoring fiat currencies such as the US dollar, providing a safe haven and medium for volatile crypto markets. This article will introduce the current mainstream digital currency stablecoins in the market in detail to help you understand their characteristics and differences.
Stablecoin Exchange in 2025:
Ouyi okx official website :
Binance binance official website:
Huobi htx official website:
The main types of stablecoins
Before we understand specific stablecoins, we first need to know that they mainly maintain their value anchorage in three ways.
Fiat currency collateral type: This is the most common type. For each stablecoin issued, its issuer will deposit fiat currency of equivalent value (such as USD) in its bank account as reserve. This type of stablecoins has high transparency and stable value, which means USDT and USDC.
Cryptocurrency collateral: This type of stablecoins is over-collateralized by other cryptocurrencies such as Ethereum. For example, users need to collateralize $150 worth of Ethereum to mint $100 stablecoins to cope with fluctuations in collateral prices. Represented as DAI.
Algorithm type: This type of stablecoins relies on algorithms and smart contracts to adjust supply, thereby maintaining price stability, and there is no actual asset collateral behind it. This type of stablecoins has high risks and has experienced extreme prices decoupling in the past.
Introduction to mainstream stablecoins
The following are mainstream stablecoins compiled based on market value and market acceptance. They are all widely circulated on mainstream trading platforms such as Binance, OKX, Huobi (HTX), and Gate.io.
1. USDT (Tether)
As the pioneer and current leader of the stablecoin market, USDT has the highest market value and the widest application scenarios. It is issued by Tether, anchoring the dollar. Almost all cryptocurrency exchanges support USDT trading pairs, making it the best liquid "digital dollar" in the crypto world. Although the transparency of its reserves has been questioned in the past, it still dominates with its first-mover advantage and strong market consensus.
2. USDC (USD Coin)
USDC is widely regarded as one of the most compliant and transparent stablecoins. It was released by Circle, a U.S. fintech company, and launched in partnership with Coinbase. USDC's reserves are composed of cash and short-term U.S. Treasury bonds and are regularly audited by top accounting firms, and the reports are publicly verified. Due to its good compliance, USDC is highly popular among decentralized finance (DeFi) and institutional investors.
3. DAI
DAI is an outstanding representative of decentralized stablecoins. It is not issued by any centralized company, but is managed through the decentralized autonomous organization MakerDAO. Users can generate DAI by over-staking Ethereum and other crypto assets in the Maker protocol. Due to its decentralized nature, DAI has strong censorship resistance and runs completely on the blockchain, which is a core component of the DeFi ecosystem.
4. TUSD (TrueUSD)
TUSD is a stablecoin fully backed by the US dollar and is known for its high transparency. It introduces Chainlink's Proof of Reserves technology, which can verify its US dollar reserves in real time, ensuring that each TUSD has sufficient US dollar reserve support. This real-time auditing model has gained a good reputation among users seeking high-transparency assets, and its adoption rate on exchanges such as Binance has increased significantly recently.
5. BUSD (Binance USD)
BUSD is a stablecoin issued by cryptocurrency exchange Binance and fintech company Paxos, and has been approved by the New York State Department of Financial Services (NYDFS). It was once a stablecoin deeply bound to the Binance ecosystem, with strict regulation and audit. However, it should be noted that due to regulatory reasons, its issuer Paxos announced in February 2023 to stop issuing new BUSDs, and the stablecoin is currently gradually withdrawing from the market.
6. USDP (Paxos Dollar)
USDP is also issued by Paxos and is strictly regulated by NYDFS like BUSD. Each USDP corresponds to the US dollar deposited in the Bank of America that is FDIC-insured. It is considered one of the safest and most well-regulated stablecoins on the market, and while its market share is not as good as USDT or USDC, its compliance makes it a reliable choice for institutional and risk aversion users.
The above is the detailed content of What are the types of stablecoins? What are the stablecoins in digital currency?. For more information, please follow other related articles on the PHP Chinese website!

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Yes, you can get USDT for free in the following 5 ways: 1. Participate in airdrop tasks on mainstream exchanges, such as registering and giving away, completing novice tasks, and inviting friends to get rewards; 2. Join the blockchain project community and obtain airdrops through Web3 social platform or Twitter/Discord interaction; 3. Participate in the "test network" activity, register the test chain address and simulate the use of DApp to get incentives; 4. Complete tasks on the cryptocurrency navigation platform to receive novice gift packages, participate in sign-in, lottery and other activities; 5. Interact with the content creation and community, and publish original content to obtain USDT rewards from the project party. At the same time, you need to pay attention to security risks, do not fill in private keys, do not believe in scams, and choose mainstream platforms to participate.

USDT is not a scam, but there are risks. 1. Tether provides liquidity in the crypto market by issuing USDT, a stablecoin anchored by the US dollar; 2. The company's background is related to Bitfinex, and has been fined for audit issues but has increased transparency; 3. The reserve assets are mainly US Treasury bonds rather than pure cash, and there are certain financial risks; 4. Face risks such as insufficient audit frequency, centralized control and compliance restrictions; 5. The USDT market is highly accepted, but trust needs to be based on continuous disclosure and compliance operations. Overall, USDT is trustworthy but does not equal zero risk, and users should be cautious.

To transfer USDT to the exchange for transactions, you must first confirm that the chain type matches, the address is correct, and complete real-name authentication. 1. Register and authenticate the mainstream exchange account with real name; 2. Confirm that the wallet is consistent with the USDT chain type of the exchange (such as TRC20); 3. Obtain the recharge address of the corresponding chain on the exchange and copy it accurately; 4. Initiate transfers from the wallet and pay the corresponding handling fee; 5. After arrival, you can trade in the spot or contract market; 6. Pay attention to checking the address, avoid transferring to the contract address, and give priority to low-processing networks. The entire process is usually completed in minutes, ensuring operational safety is key.

USDT is not suitable as a traditional value-added asset investment, but can be used as an instrumental asset to participate in financial management. 1. The USDT price is anchored to the US dollar and does not have room for appreciation. It is mainly suitable for trading, payment and risk aversion; 2. Suitable for risk aversion investors, arbitrage traders and investors waiting for entry opportunities; 3. Stable returns can be obtained through DeFi pledge, CeFi currency deposit, liquidity provision, etc.; 4. Be wary of centralized risks, regulatory changes and counterfeit currency risks; 5. In summary, USDT is a good risk aversion and transitional asset. If you pursue stable returns, it should be combined with its use in financial management scenarios, rather than expecting its own appreciation.

USDC is safe. It is jointly issued by Circle and Coinbase. It is regulated by the US FinCEN. Its reserve assets are US dollar cash and US bonds. It is regularly audited independently, with high transparency. 1. USDC has strong compliance and is strictly regulated by the United States; 2. The reserve asset structure is clear, supported by cash and Treasury bonds; 3. The audit frequency is high and transparent; 4. It is widely accepted by institutions in many countries and is suitable for scenarios such as DeFi and compliant payments. In comparison, USDT is issued by Tether, with an offshore registration location, insufficient early disclosure, and reserves with low liquidity assets such as commercial paper. Although the circulation volume is large, the regulatory recognition is slightly low, and it is suitable for users who pay attention to liquidity. Both have their own advantages, and the choice should be determined based on the purpose and preferences of use.

USDT cash exchange needs to be operated through a trading platform that supports fiat currency withdrawal. 1. Prepare a trading platform account that supports fiat currency withdrawal (such as Binance, Ouyi, Huobi, etc.); 2. Complete KYC real-name authentication; 3. Bind bank cards or Alipay and other payment methods; 4. Log in to the account and ensure that USDT is in the fund account or spot account; 5. Enter the OTC or fiat currency area and choose to sell USDT; 6. Set the sales amount and match the buyer; 7. After confirming the other party’s payment, click “Confirm Coin Delivery” to complete the transaction. Withdrawal methods include OTC fiat currency transactions, bank card withdrawals and third-party payments, among which OTC is more efficient. Notes include making sure to verify that the money is received before releasing, avoiding frequent large withdrawals, and contacting customer service in time when encountering abnormalities. The key to the entire process is to choose

Is DAI suitable for long-term holding? The answer depends on individual needs and risk preferences. 1. DAI is a decentralized stablecoin, generated by excessive collateral for crypto assets, suitable for users who pursue censorship resistance and transparency; 2. Its stability is slightly inferior to USDC, and may experience slight deansal due to collateral fluctuations; 3. Applicable to lending, pledge and governance scenarios in the DeFi ecosystem; 4. Pay attention to the upgrade and governance risks of MakerDAO system. If you pursue high stability and compliance guarantees, it is recommended to choose USDC; if you attach importance to the concept of decentralization and actively participate in DeFi applications, DAI has long-term value. The combination of the two can also improve the security and flexibility of asset allocation.

The ways to obtain USDT include: 1. Purchase through centralized exchanges such as Binance, OKX, etc., which is convenient to operate and supports multiple payment methods; 2. OTC modules are included in the platform for over-the-counter transactions, suitable for large-scale and privacy-conscious users; 3. Use stablecoin exchange platforms or wallets (such as TokenPocket) and decentralized exchanges (such as Uniswap) to achieve cross-chain or cross-currency exchanges; 4. Participate in exchange activities or task platforms to obtain airdrop rewards; 5. Obtain USDT incentives through mining, content creation, community interaction, etc.; 6. Collect USDT directly from other people's wallets, and pay attention to chain type matching to avoid asset loss.