Stablecoins are cryptocurrencies with a fixed or stable exchange rate.
They are a universal unit of account, convenient for trading, storing capital and protecting an investment portfolio from cryptocurrency volatility. Stable coins can have different sources, assets as collateral and value retention mechanisms.
The top 10 Stablecoins, based on capitalization size:
USD Coin (USDC);
Binance USD (BUSD);
Pax Dollar (USDP);
Neutrino USD (USDN);
Fei USD (FEI);
Gemini Dollar (GUSD).