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How did fiat-backed stablecoins perform?

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AIcash

wrote last edited by

#1

While USDe contracted, fiat-backed stablecoins surged:

USDT: +$1.3B

USDC: +$600M

PYUSD (PayPal): +$1B, a 35% growth in November.
This shows investor preference for dollar-backed stability over synthetic stablecoins.
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Abdul Khan

wrote last edited by

#2

Fiat-backed coins stayed strong while others struggled.
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Nahid Hossen

wrote last edited by

#3

Their stability proves why users still trust regulated backing.
Nike
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