Name | CMRank | Events |
DAI | 24 | + on all major exchanges + crypto collateral + partially decentralized – worth 1.01 $ – high withdrawal fees (ETH20, BEP20) – 60% backed by centralized assets – link |
BUSD | 40 | + backed by Binance + low fees (BEP2, BEP20) + can trade on BinanceDex – full Binance dependency – backed by PAXOS – centralized |
PAX | 56 | + regulated by the New York State Department of Financial Services + planning integration with Ontology blockchain – link + Binance Partner – high withdrawal fees (ETH20) – centralized |
TUSD | 35 | + financial and legal institutions + on major exchanges + BEP20 – high withdrawal fees (ETH20) – centralized |
USDT | 3 | + multiple chains + low fees + entire derivative ecosystem depends on it + derivatives – issued by Tether – bad reputation – centralized |
USDC | 13 | + Circle and Coinbase + CoinbasePro, Kraken, Kyber + Blockchains: ETH, ALGO, XLM – Circle sells Poloniex – Binance delists some pairs – link – high withdrawal fees (ETH20) – centralized |
PAXG | 129 | + pegged to gold + backed by PAX + on Kraken, Bithumb, Uniswap – not on all major exchanges – high withdrawal fees (ETH20) – centralized |