7 Best Stablecoins to Buy Now https://money.usnews.com/investing/cryptocurrency/slideshows/what-is-the-best-stablecoin-list?src=usn_tw
Transparency and regulation are key factors in stablecoins' fates.
The value of digital assets known as stablecoins is pegged to an external asset, such as gold or fiat currency, leading to their early reputation for reliability. But that stability was called into question when the third-largest stablecoin, TerraUSD (UST), abruptly "de-pegged" from the U.S. dollar in May, eventually plunging to less than a cent on the dollar and triggering the collapse of its sister token, LUNA. In addition to raising questions about risk transparency, "stablecoins have become a major concern for governments who fear that they will eventually pose serious competition against the sovereignty of their national currencies," says Will Evans, managing director of the Americas for the crypto exchange CEX.IO. As cryptocurrency investors, including a growing number from emerging markets, dip their toes back into the diverse pool of stablecoins, some naturally may wonder how secure these investments really are. Many experts agree, though, that they are here to stay in some form. Here are seven of the best stablecoins for investors to look at now.
https://money.usnews.com/investing/cryptocurrency/slideshows/what-is-the-best-stablecoin-list?slide=2
