Fiat-backed stablecoins are no different. Financially speaking, sending someone 100 USDC is no different than sending them $100 via Venmo. In both cases, one user is handing over a claim against a balance sheet – Circle’s versus PayPal’s – to another. From the issuers point of view, each dollar held by its user is just a liability, to be matched against equivalent assets.
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Bitcoin (BTC) $ 104,047.00
Ethereum (ETH) $ 2,561.11
XRP (XRP) $ 2.58
Tether (USDT) $ 1.00
BNB (BNB) $ 684.16
Solana (SOL) $ 177.92
USDC (USDC) $ 0.999951
Dogecoin (DOGE) $ 0.239444
Cardano (ADA) $ 0.840099
TRON (TRX) $ 0.277134
Lido Staked Ether (STETH) $ 2,560.39
Sui (SUI) $ 4.08
Wrapped Bitcoin (WBTC) $ 103,934.00
Chainlink (LINK) $ 17.33
Avalanche (AVAX) $ 25.38
Wrapped stETH (WSTETH) $ 3,072.73
Stellar (XLM) $ 0.326558
Shiba Inu (SHIB) $ 0.000017
Hedera (HBAR) $ 0.221937
Pi Network (PI) $ 1.31
Toncoin (TON) $ 3.53
Hyperliquid (HYPE) $ 25.13
Bitcoin Cash (BCH) $ 414.08
Polkadot (DOT) $ 5.28
LEO Token (LEO) $ 8.45
Litecoin (LTC) $ 102.55
USDS (USDS) $ 0.999798
WETH (WETH) $ 2,562.39
Monero (XMR) $ 342.97
Pepe (PEPE) $ 0.000014
Wrapped eETH (WEETH) $ 2,729.33
Bitget Token (BGB) $ 4.95
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
Ethena USDe (USDE) $ 1.00
Coinbase Wrapped BTC (CBBTC) $ 104,014.00
WhiteBIT Coin (WBT) $ 30.26
Uniswap (UNI) $ 7.09
Bittensor (TAO) $ 461.12
NEAR Protocol (NEAR) $ 3.25
Aptos (APT) $ 6.02
Dai (DAI) $ 0.999935
Ondo (ONDO) $ 1.07
Aave (AAVE) $ 222.45
OKB (OKB) $ 55.66
Kaspa (KAS) $ 0.123781
Internet Computer (ICP) $ 6.06
Ethereum Classic (ETC) $ 20.33
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Cronos (CRO) $ 0.101759
VeChain (VET) $ 0.032471Bitcoin (BTC) $ 104,047.00Ethereum (ETH) $ 2,561.11XRP (XRP) $ 2.58Tether (USDT) $ 1.00BNB (BNB) $ 684.16Solana (SOL) $ 177.92USDC (USDC) $ 0.999951Dogecoin (DOGE) $ 0.239444Cardano (ADA) $ 0.840099TRON (TRX) $ 0.277134Lido Staked Ether (STETH) $ 2,560.39Sui (SUI) $ 4.08Wrapped Bitcoin (WBTC) $ 103,934.00Chainlink (LINK) $ 17.33Avalanche (AVAX) $ 25.38Wrapped stETH (WSTETH) $ 3,072.73Stellar (XLM) $ 0.326558Shiba Inu (SHIB) $ 0.000017Hedera (HBAR) $ 0.221937Pi Network (PI) $ 1.31Toncoin (TON) $ 3.53Hyperliquid (HYPE) $ 25.13Bitcoin Cash (BCH) $ 414.08Polkadot (DOT) $ 5.28LEO Token (LEO) $ 8.45Litecoin (LTC) $ 102.55USDS (USDS) $ 0.999798WETH (WETH) $ 2,562.39Monero (XMR) $ 342.97Pepe (PEPE) $ 0.000014Wrapped eETH (WEETH) $ 2,729.33Bitget Token (BGB) $ 4.95Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00Ethena USDe (USDE) $ 1.00Coinbase Wrapped BTC (CBBTC) $ 104,014.00WhiteBIT Coin (WBT) $ 30.26Uniswap (UNI) $ 7.09Bittensor (TAO) $ 461.12NEAR Protocol (NEAR) $ 3.25Aptos (APT) $ 6.02Dai (DAI) $ 0.999935Ondo (ONDO) $ 1.07Aave (AAVE) $ 222.45OKB (OKB) $ 55.66Kaspa (KAS) $ 0.123781Internet Computer (ICP) $ 6.06Ethereum Classic (ETC) $ 20.33BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00Cronos (CRO) $ 0.101759VeChain (VET) $ 0.032471
