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Table of Contents
Stablecoin trading platform recommendation
What is a stablecoin? The value anchor of stablecoins
Home web3.0 How much is a stablecoin USD

How much is a stablecoin USD

Jul 15, 2025 pm 09:57 PM
tool ai Bitcoin binance cryptocurrency Stablecoin Binance usdt Huobi trading platform okx Ouyi cryptocurrency trading

The value of a stablecoin is usually pegged to the US dollar and aims to maintain an equivalent relationship of 1:1 to the US dollar, that is, 1 stablecoin is theoretically about equal to 1 US dollar. This is true for common USDT, USDC, DAI and other US dollar stablecoins.
However, due to factors such as market supply and demand relationship, investor confidence and the reserve assets of stablecoin issuers, the price of stablecoin will fluctuate around USD 5. For example, in 2018, USDT fell to about US$0.87 due to reserves concerns, and in 2023, USDC also faced a bankruptcy crisis due to reserves deposited in Silicon Valley banks, and the price briefly fell to around US$0.87.

Stablecoin trading platform recommendation

Based on a comprehensive assessment of multiple dimensions such as market share, user base, transaction volume and industry influence, the following is the ranking of the most influential cryptocurrency trading platforms in 2024:

1. Binance

How much is a stablecoin USD - php Chinese

  • The world's largest cryptocurrency trading platform.
  • Supports massive cryptocurrency trading.
  • Provide a variety of trading products, including spot, futures, options, etc.
  • Strong liquidity.
  • A perfect ecosystem, including Launchpad, research institutes, etc.

2. OKX (Ou Yi)

How much is a stablecoin USD - php Chinese

  • A well-known cryptocurrency derivatives trading platform.
  • Provides a wide range of contract trading pairs.
  • Good user experience and clear trading interface.
  • Continuously launch innovative products and services.
  • Pay attention to compliance and safety.

3. Huobi

How much is a stablecoin USD - php Chinese

  • An old cryptocurrency trading platform.
  • Have a large user base.
  • Supports multiple cryptocurrency transactions.
  • Provide professional trading tools.
  • Have influence worldwide.

What is a stablecoin? The value anchor of stablecoins

Stablecoins are special cryptocurrencies designed to keep prices stable in order to reduce price volatility inherent in the cryptocurrency market. Unlike cryptocurrencies with high price fluctuations such as Bitcoin, the value of stablecoins is usually pegged to some relatively stable asset.

How much is a stablecoin USD - php Chinese

A stablecoin is usually anchored to $1. This means that, in theory, the value of a stablecoin should always be maintained at around $1. However, due to various factors such as market supply and demand, regulatory policies, and technical issues, the price of stablecoins may also fluctuate slightly, but the fluctuation range is usually much smaller than other cryptocurrencies.

There are mainly the following types of anchoring mechanisms for stablecoins:

  • Fiat currency reserve type: The issuer of this type of stablecoin claims that each stablecoin it issues is reserved with equivalent fiat currency (such as US dollars) or equivalent assets. For example, USDT, USDC, etc. Its stability depends on the transparency of the issuer and the authenticity of the reserves.
  • Cryptocurrency collateral: This type of stablecoins maintain price stability by over-collateralizing other cryptocurrencies. For example, DAI. When the price of a stablecoin falls, the collateralized cryptocurrency is sold to buy back the stablecoin; when the price rises, new stablecoins can be minted.
  • Algorithmic stablecoins: This type of stablecoins does not rely on external asset collateral, but adjusts the supply of stablecoins through algorithms and smart contracts to maintain price stability. For example, UST (crashed). The risk of algorithmic stablecoins is relatively high.

Stablecoins play an important role in the cryptocurrency market, and they can serve as a store of value, a medium of transactions, and a tool to resist market volatility.

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