A stable coin is a cryptocurrency that is meant to be pegged to a stable asset like gold or other fiat currency.
Tether (USDT) is a popular stable coin which is tied to the US Dollar at a 1:1 exchange ratio. The initial idea for this was that the total Tether in circulation would match the total USD holdings in the Tether Limited’s bank accounts.
TrueUSD (TUSD) crypto is another similar stable crypto coin which is a part of TrustToken asset tokenization platform. Comparatively, TUSD seems to have risen from all the limitations of the Tether platform.
This is how you can differentiate between the like yet not so alike cryptocurrencies. But before thinking of investment, you should stay updated with the cryptocurrency market, so that you can make better and informed decisions.
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