Most stablecoins, including the two clear market leaders, are dollar-based. Michael Egorov, founder of decentralized exchange ...

USDT and USDC are stablecoins issued by Circle and Tether respectively that are pegged 1:1 to the US Dollar. During February 2024 - February 2025, the market cap of USDC increased twofold from $28 ...

Tether or USDT was created to address the volatility ... Tether is backed by fiat and is a stablecoin that aims to track the value of the US dollar. By extension, it aims to make crypto valuation ...