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Rabbit Swap 🐰 @Hey_rabbit_here on x 1910 followers
Created: 2025-07-06 10:00:53 UTC
The most popular stablecoins and what backs them:
X. Tether ($USDT) - dollar reserves X. USD Coin ($USDC) - dollar reserves X. Dai ($DAI) - crypto collateral (ETH, USDC) X. Sky USD ($USDS) - crypto collateral X. First Digital USD ($FDUSD) - dollar reserves X. TrueUSD ($TUSD) - dollar reserves X. USD Digital ($USDD) - TRX + other crypto X. Ethena USD ($USDe) - crypto + derivatives X. PayPal USD ($PYUSD) - dollar reserves XX. Frax ($FRAX) - crypto collateral
Did I miss any? 👇
XXXXX engagements
