Home Guides S&P’s Stablecoin Report Is a Vote of Confidence for Crypto

S&P’s Stablecoin Report Is a Vote of Confidence for Crypto

0
S&P’s Stablecoin Report Is a Vote of Confidence for Crypto

[ad_1]

[gpt3] a new article in English that is SEO-optimized and incorporates as many relevant keywords as possible. The article should be based on the information provided in the existing post content. Additionally, please include a dedicated FAQ section and a conclusion section to enhance the reader’s experience

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.

[/]

[ad_2]

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here