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Binance USD (BUSD) is a stablecoin pegged to the US dollar, issued by Binance, one of the world's largest cryptocurrency exchanges.

This article explores the phenomenon of stablecoins in the cryptocurrency market, highlighting their role in reducing volatility risks. It offers a comprehensive overview of major stablecoins—including USDT, USDC, BUSD, DAI, TUSD, USDG, UST, USDe, PYUSD, and FDUSD—examining their pegging mechanisms, regulatory audits, and market performance. The article delves into stablecoins' applications in DeFi and their function as a safeguard against crypto market fluctuations. Emphasizing the pivotal role of stablecoins in the crypto economy, it advises investors to thoroughly understand their operational mechanisms before investing to ensure financial security.

This article will first outline how stablecoins are collateralized, issued in the primary market, and traded in the secondary market. We then turn to a case study of the March 2023 stablecoin market events that rocked the crypto asset market. We discuss four stablecoins of interest, focusing on their different technical designs and detailing the main issuance points and secondary market dynamics

Pax Dollar (USDP) is a Paxos-minted stablecoin pegged to USD, created for secure transactions with minimal volatility.

Blackwing is a modular blockchain that enables liquidation-free leverage trading for long-tail assets through the Limitless Pools. Built on the Initia framework, it allows users to leverage trade assets from any blockchain.

TrueFi aims to provide uncollateralized lending on blockchains. Users can deposit stablecoins such as TUSD, USDT, and USDC as loan providers, while borrowers primarily consist of institutions and market makers. Borrowers are required to submit loan proposals to TrueFi, and the decision-making process involves voting by TRU holders.

DeFi meets NFT on BakerySwap, a comprehensive DeFi and NFT platform offering innovative trading solutions on multi-chains. BakerySwap is also an incubator, identifying and fostering innovative projects.

Helio Protocol is an over-collateralized stablecoin protocol built on the BNB chain. The product logic is similar to traditional over-collateralized stablecoin protocols, with the main difference being that collateralized assets in BNB are converted into BNB's LSD assets to earn profits, which are then distributed to the stakers of the stablecoin HAY and liquidity providers. The protocol has not yet issued a governance token and received a $10 million investment from Binance in August this year.

This article provides a detailed analysis of the safety and regulation of stablecoins based on on-chain data.

Global payment giant PayPal announced on August 7 that it will collaborate with Paxos Trust, a New York-based cryptocurrency financial services company, to launch PayPal USD (PYUSD) stablecoin. Furthermore, on August 21, the company announced that it had already introduced the PYUSD to some users on its payment platform Venmo. What exactly is this stablecoin issued by PayPal? Can it disrupt the existing stablecoin market and even lead the world toward a new form of payment?

This article analyzes the market evolution of Bitcoin, Ethereum, derivatives, and stablecoins in 2023.

TUSD is a coin backed by and pegged to the value of the US dollar. It is considered a dependable alternative to other major stablecoins like USDC and USDT.

This text provides a comprehensive review of major events, data analysis, and industry trends, from a macro market perspective to a micro race track perspective. It takes readers on a journey to review the panorama of 2023 and look ahead to 2024.

Hatom is a DeFi ecosystem on MultiversX, offering lending, borrowing, liquid staking, a native stablecoin, and more to shape the DeFi landscape.

MixMarvel (MIX) is a blockchain game publishing platform integrating NFTs and DeFi to create immersive digital content and virtual worlds.