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Stablecoin Showdown: DAI, FRAX, and USDC Dominate the Pegged-Asset Game

Stablecoin Showdown: DAI, FRAX, and USDC Dominate the Pegged-Asset Game

Published:
2025-05-14 11:55:00
14
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Forget volatile crypto rollercoasters—these tokens are the quiet giants keeping DeFi upright.

DAI, FRAX, and USDC aren’t your grandpa’s speculative shitcoins. They’re stablecoins, the boring-but-critical plumbing of crypto finance. Pegged to real-world assets (usually the dollar, because even anarchists need a benchmark), they’re the safe harbor when Bitcoin decides to reenact the 1929 crash.

Xenea Wallet users know the drill: these assets let you trade without praying to the volatility gods. Banks hate them, regulators fear them, and your portfolio secretly loves them.

Bonus jab: The only ’stable’ thing Wall Street ever produced was its 2008 meltdown—meanwhile, algorithmic stablecoins actually self-correct.

Xenea Wallet Daily Quiz Answer 14 May 2025Looking for the answer to the Xenea Wallet Daily Quiz answer today? Here you go! Today’s quiz question is titled “... Read More

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