There's currently 132 Stablecoins out there. Only 50 them are currently pegged.
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There's currently 132 Stablecoins out there. Only 50 them are currently pegged.

<!-- SC_OFF --><div class="md"><p><a href="https://coinmarketcap.com/view/stablecoin/">https://coinmarketcap.com/view/stablecoin/</a></p> <p>Take a look at this list. This is <em>almost</em> all of the stablecoins in existance, sorted by market cap. Only 42 of them are currently pegged to the $ and by pegged I mean ranging from $0.99 to $1.01. </p> <p>UST is still hanging in there casually at $0.024, calling itself a stablecoin as if we wouldn't notice</p> <p><a href="https://coinmarketcap.com/currencies/fei-usd/">Fei USD</a>, #11 by market cap, still hasn't reclaimed its peg for the past 2 months.</p> <p>Around 95% of them offer a 10%+ yield in various staking platforms and centralized/decentralized exchanges.</p> <p>Please, do not blindly trust a stablecoin. There way more stablecoins out there and almost none of them is safe.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/DerpJungler"> /u/DerpJungler </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/wrgwa7/theres_currently_132_stablecoins_out_there_only/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/wrgwa7/theres_currently_132_stablecoins_out_there_only/">[comments]</a></span>
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