Money Printer

Printing the Dip - BSC Stables Lose Peg - Weekly Stablecoin Report - March 26 2021

The top 5 stablecoins added $2.18 billion in market capitalization in the last 7 days, despite a fairly large market-wide correction. The total crypto market cap shrank by $175 billion in the same time frame.

Tether was the largest money printer. The slowest growth came from DAI, which generates coins from volatile collateral.

In the Binance Smart Chain space, difficult market conditions persisted for the on-chain stablecoin projects. The algorithmic stablecoin BDO plunged from $1.1 to $0.48 following the Bitcoin rout on Wednesday. VAI remains off-peg as well.

Our stablecoin leaderboard is below, focusing on stablecoins available on BSC. To learn more about stablecoin earning opportunities, click here. This is not financial advice, please do your own research before investing in projects.

BSC Gateway Stablecoin Leaderboard

SymbolNameMarket Cap1 Week ChangeCurrent Price1 Year Low1 Year HighRecommendation
SymbolNameMarket Cap1 Week ChangeCurrent Price1 Year Low1 Year HighRecommendation
USDTTether USD40.4 billion+1.126B1.000.9811.01Use With Caution
USDCUSD Coin10.67 billion+719M0.9990.981.01Safe
BUSDBinance USD3.30 billion+100M0.9980.9071.15Safe
DAIMulti-Collateral DAI2.93 billion+70M1.000.991.04Safe
USTTerra USD1.45 billion+170M1.000.9281.09Use with Caution
VAIVai135 million-10M0.9140.57921.20Avoid
BDObDollar39 million-27M0.6524910.48006914.70Avoid
DittoDitto5.1 million-1M1.030.4392.88Avoid
QUSDQian USD1 million?0.97620.071.52Avoid