Different Stablecoins: Which Should You Choose, and WHY?

*Stablecoins are moving trillions of dollars annually with an estimated volume worth more than Visa and Mastercard combined,* and their market is rapidly growing with hundreds of varieties in circulation. But if all USD stablecoins are pegged to the same dollar, why do so many exist? Join Jessica from Binance Studios as she unpacks the fascinating story behind stablecoins – from the pioneering days of Tether (USDT) to today's complex ecosystem shaped by different backing types and evolving global regulations. Discover how fiat-backed, crypto-backed, and commodity-backed stablecoins serve diverse needs across various markets, and why regulatory frameworks like Europe’s MiCA and the U.S. GENIUS Act are critical in shaping which coins you can use. Learn why USDT and USDC dominate the space yet operate in fundamentally different ways, and stay tuned for an upcoming in-depth side-by-side comparison. *In this video, you will learn:* ✅ What stablecoins are and their explosive growth ✅ The differences between fiat-backed, crypto-backed, and commodity-backed stablecoins ✅ How regulations influence stablecoin adoption globally ✅ Why no single stablecoin can serve all markets and users ✅ The dominance and differences of USDT and USDC *⏱️ Timestamps:* ⏳ 00:00 – Introduction ⏳ 00:48 – History and Rise of Stablecoins, with Tether (USDT) ⏳ 01:38 – Types of Stablecoins ⏳ 01:49 – Fiat-Backed Stablecoins ⏳ 02:13 – Crypto-Backed Stablecoins ⏳ 02:26 – Commodity-Backed Stablecoins ⏳ 02:36 – Impact of Global Regulations on why we need MULTIPLE Stablecoins ⏳ 03:31 – Market share of Top Stablecoins: USDT and USDC ⏳ 03:54 – Outro #stablecoins #cryptoexplained #Binance #digitaldollar #GENIUSAct #usdt #binanceexplains #usdc *⚠️ RISK WARNING:* Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on your individual circumstances. Not financial advice. For more information, see our Terms of Use and Risk Warning. *📢 Join the conversation:* ➡️ Twitter/X: https://twitter.com/binance ➡️ Instagram: https://www.instagram.com/binance ➡️ Facebook: https://www.facebook.com/binance ➡️ TikTok: https://www.tiktok.com/@binance ➡️ LinkedIn: https://www.din.com/company/binance ➡️ Reddit: https://www.reddit.com/r/binance *🔗 Download Binance here (iOS, Android):* https://binance.onelink.me/y874/cb98de36 *🔗 Sign up for Binance here:* https://www.binance.com/en?ref=ERQKP7ND&utm_source=BinanceYoutube&utm_medium=GlobalSocial&utm_campaign=GlobalSocial