Crypto regulation concerns make decentralized stablecoins attractive to DeFi investors By Cointelegraph

Stablecoins have emerged as an essential part of the cryptocurrency ecosystem over the past couple of years due to their ability to provide cryptocurrency traders with externalities during periods of volatility and their broad integration with Decentralized Finance (DeFi). These are essential to the health of the ecosystem as a whole.

currently, (USDT) And (USDC) are the dominant stablecoins in the market, but their centralized nature and the constant threat of stablecoin regulation has led many in the crypto community to avoid them and look for decentralized alternatives.

Top 9 stablecoins by reported market capitalization. Source: messari