About New Stablecoins with High Interest
Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some "stable" asset or basket of assets Besides the three common stablecoins: USDT, USDC, and TUSD, any more stablecoins to watch?
Rari Stable Pool Token (RSPT), issued by Rari Capital, a new DeFi protocol that auto yields the best earning; DefiDollar (DUSD), a stable asset that hedges against volatility, backed by an index of stablecoins; Curve, an exchange liquidity pool on Ethereum designed for: extremely efficient stablecoin trading; YFI, a DeFi yield aggregator for lending platforms that rebalances for the highest yield during contract interaction; mUSD, issued by mStable, which unites stablecoins, lending and swapping into one standard; OUSD, issued by Origin Dollar, a stablecoin that earns a yield while it’s still in your wallet.
Check those new stablecoins that can earn you high interest rates! Some of them can be minted using DAI, USDT or USDC, and even yield more.