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) $ 103,894.00
Ethereum (ETH) $ 2,387.18
Tether (USDT) $ 1.00
XRP (XRP) $ 2.36
BNB (BNB) $ 637.12
Solana (SOL) $ 166.45
USDC (USDC) $ 0.999804
Dogecoin (DOGE) $ 0.222376
Cardano (ADA) $ 0.727055
TRON (TRX) $ 0.264992
Lido Staked Ether (STETH) $ 2,400.48
Wrapped Bitcoin (WBTC) $ 104,462.00
Sui (SUI) $ 3.73
Wrapped stETH (WSTETH) $ 2,900.77
Chainlink (LINK) $ 15.10
Avalanche (AVAX) $ 21.92
Stellar (XLM) $ 0.284142
Hyperliquid (HYPE) $ 26.07
Shiba Inu (SHIB) $ 0.000014
LEO Token (LEO) $ 8.73
Hedera (HBAR) $ 0.188848
Bitcoin Cash (BCH) $ 395.32
Toncoin (TON) $ 3.05
Litecoin (LTC) $ 96.73
USDS (USDS) $ 0.999700
Polkadot (DOT) $ 4.57
WETH (WETH) $ 2,420.56
Monero (XMR) $ 338.88
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.01
Bitget Token (BGB) $ 5.12
Wrapped eETH (WEETH) $ 2,577.71
Pepe (PEPE) $ 0.000013
Pi Network (PI) $ 0.723481
Ethena USDe (USDE) $ 1.00
Coinbase Wrapped BTC (CBBTC) $ 104,012.00
WhiteBIT Coin (WBT) $ 30.23
Dai (DAI) $ 1.00
Bittensor (TAO) $ 404.59
Uniswap (UNI) $ 5.78
Aave (AAVE) $ 221.64
NEAR Protocol (NEAR) $ 2.68
OKB (OKB) $ 52.86
Aptos (APT) $ 4.97
Jito Staked SOL (JITOSOL) $ 199.13
Ondo (ONDO) $ 0.912647
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Cronos (CRO) $ 0.096686
Tokenize Xchange (TKX) $ 35.78
Kaspa (KAS) $ 0.108084
Ethereum Classic (ETC) $ 17.94Bitcoin (BTC) $ 103,894.00Ethereum (ETH) $ 2,387.18Tether (USDT) $ 1.00XRP (XRP) $ 2.36BNB (BNB) $ 637.12Solana (SOL) $ 166.45USDC (USDC) $ 0.999804Dogecoin (DOGE) $ 0.222376Cardano (ADA) $ 0.727055TRON (TRX) $ 0.264992Lido Staked Ether (STETH) $ 2,400.48Wrapped Bitcoin (WBTC) $ 104,462.00Sui (SUI) $ 3.73Wrapped stETH (WSTETH) $ 2,900.77Chainlink (LINK) $ 15.10Avalanche (AVAX) $ 21.92Stellar (XLM) $ 0.284142Hyperliquid (HYPE) $ 26.07Shiba Inu (SHIB) $ 0.000014LEO Token (LEO) $ 8.73Hedera (HBAR) $ 0.188848Bitcoin Cash (BCH) $ 395.32Toncoin (TON) $ 3.05Litecoin (LTC) $ 96.73USDS (USDS) $ 0.999700Polkadot (DOT) $ 4.57WETH (WETH) $ 2,420.56Monero (XMR) $ 338.88Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.01Bitget Token (BGB) $ 5.12Wrapped eETH (WEETH) $ 2,577.71Pepe (PEPE) $ 0.000013Pi Network (PI) $ 0.723481Ethena USDe (USDE) $ 1.00Coinbase Wrapped BTC (CBBTC) $ 104,012.00WhiteBIT Coin (WBT) $ 30.23Dai (DAI) $ 1.00Bittensor (TAO) $ 404.59Uniswap (UNI) $ 5.78Aave (AAVE) $ 221.64NEAR Protocol (NEAR) $ 2.68OKB (OKB) $ 52.86Aptos (APT) $ 4.97Jito Staked SOL (JITOSOL) $ 199.13Ondo (ONDO) $ 0.912647BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00Cronos (CRO) $ 0.096686Tokenize Xchange (TKX) $ 35.78Kaspa (KAS) $ 0.108084Ethereum Classic (ETC) $ 17.94
