Which cryoto coins are stable coins

[nomad]

USDT is the third biggest crypto coin by market cap and it is a stable coin. If you check top 20 coins by market cap, you will see 4 stable coins in the list.

 

[Golden9]

I use USDT a lot, and sometimes BUSD. Most people use stablecoins for transactions, to lock in profits from trade, or for other purposes like staking or farming

 

[Bisolami]

What makes a particular crypto coin to be considered a stable coin? What is it's advantages as a stable coin? Can someone list a few stable coins?

I think USD is a stable coin because the price does not change and anyone who wants to save money should save with USD but invest in another cryptocurrency entirely

 

[kirubel]

Crypto coins are considered to be stsble coin based on the price range and fluctuations, if the price of a coin don't fluctuate and don't go up amd down we can say that coin is stable, and its used for holding our fund for long time without any risk of losing our money.

 

[Etini Willie]

Stable coins are pegged against a certain thing that has a value in huge reserves so much that the coin remains resistant to market fluctuations. Most common stable coin is USDT which is pegged against reserves of the United States dollar.

 

[Bisolami]

Stable coins are pegged against a certain thing that has a value in huge reserves so much that the coin remains resistant to market fluctuations. Most common stable coin is USDT which is pegged against reserves of the United States dollar.

You are right. USDC is also a stable coin and I know a few coins like HBD that are striving to be a stable coin and I'm sure that they will be able to achieve that later or sooner. That is certain