That said, of the eight stablecoins S&P reviewed, several received lackluster scores. Most notably Tether’s USDT, the largest stablecoin by market cap and most used crypto asset in terms of trading volume, was given the fourth-lowest score in range from 1 to 5. Meanwhile MakerDAO’s dai (DAI), popular across decentralized finance (DeFi), and the Justin Sun-backed TrueUSD, the fourth and fifth largest stablecoins, respectively, were also given low scores.
Read More: www.coindesk.com
Bitcoin (BTC) $ 103,430.00
Ethereum (ETH) $ 2,368.93
Tether (USDT) $ 0.999901
XRP (XRP) $ 2.39
BNB (BNB) $ 641.59
Solana (SOL) $ 172.39
USDC (USDC) $ 0.999997
Dogecoin (DOGE) $ 0.208620
Cardano (ADA) $ 0.795231
TRON (TRX) $ 0.263878
Lido Staked Ether (STETH) $ 2,377.63
Sui (SUI) $ 4.01
Wrapped Bitcoin (WBTC) $ 103,315.00
Chainlink (LINK) $ 16.29
Wrapped stETH (WSTETH) $ 2,839.65
Avalanche (AVAX) $ 23.48
Stellar (XLM) $ 0.302307
Shiba Inu (SHIB) $ 0.000015
Hedera (HBAR) $ 0.203024
Hyperliquid (HYPE) $ 25.27
Bitcoin Cash (BCH) $ 415.63
Toncoin (TON) $ 3.31
LEO Token (LEO) $ 8.73
USDS (USDS) $ 0.999936
Litecoin (LTC) $ 99.74
Polkadot (DOT) $ 4.73
WETH (WETH) $ 2,370.76
Monero (XMR) $ 303.89
Wrapped eETH (WEETH) $ 2,507.14
Pepe (PEPE) $ 0.000013
Pi Network (PI) $ 0.751419
Bitget Token (BGB) $ 4.51
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999324
Coinbase Wrapped BTC (CBBTC) $ 103,550.00
Ethena USDe (USDE) $ 1.00
WhiteBIT Coin (WBT) $ 30.31
Uniswap (UNI) $ 6.42
Bittensor (TAO) $ 439.49
NEAR Protocol (NEAR) $ 2.96
Aptos (APT) $ 5.70
Dai (DAI) $ 1.00
Ondo (ONDO) $ 1.04
OKB (OKB) $ 53.95
Aave (AAVE) $ 212.29
sUSDS (SUSDS) $ 1.05
Ethereum Classic (ETC) $ 19.32
Cronos (CRO) $ 0.102619
Official Trump (TRUMP) $ 14.48
Internet Computer (ICP) $ 5.40
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00Bitcoin (BTC) $ 103,430.00Ethereum (ETH) $ 2,368.93Tether (USDT) $ 0.999901XRP (XRP) $ 2.39BNB (BNB) $ 641.59Solana (SOL) $ 172.39USDC (USDC) $ 0.999997Dogecoin (DOGE) $ 0.208620Cardano (ADA) $ 0.795231TRON (TRX) $ 0.263878Lido Staked Ether (STETH) $ 2,377.63Sui (SUI) $ 4.01Wrapped Bitcoin (WBTC) $ 103,315.00Chainlink (LINK) $ 16.29Wrapped stETH (WSTETH) $ 2,839.65Avalanche (AVAX) $ 23.48Stellar (XLM) $ 0.302307Shiba Inu (SHIB) $ 0.000015Hedera (HBAR) $ 0.203024Hyperliquid (HYPE) $ 25.27Bitcoin Cash (BCH) $ 415.63Toncoin (TON) $ 3.31LEO Token (LEO) $ 8.73USDS (USDS) $ 0.999936Litecoin (LTC) $ 99.74Polkadot (DOT) $ 4.73WETH (WETH) $ 2,370.76Monero (XMR) $ 303.89Wrapped eETH (WEETH) $ 2,507.14Pepe (PEPE) $ 0.000013Pi Network (PI) $ 0.751419Bitget Token (BGB) $ 4.51Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999324Coinbase Wrapped BTC (CBBTC) $ 103,550.00Ethena USDe (USDE) $ 1.00WhiteBIT Coin (WBT) $ 30.31Uniswap (UNI) $ 6.42Bittensor (TAO) $ 439.49NEAR Protocol (NEAR) $ 2.96Aptos (APT) $ 5.70Dai (DAI) $ 1.00Ondo (ONDO) $ 1.04OKB (OKB) $ 53.95Aave (AAVE) $ 212.29sUSDS (SUSDS) $ 1.05Ethereum Classic (ETC) $ 19.32Cronos (CRO) $ 0.102619Official Trump (TRUMP) $ 14.48Internet Computer (ICP) $ 5.40BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
