What are the mainstream currencies of digital currency?

Mainstream digital currency currencies include Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Tether (USDT), and Cardano (ADA), which are known for their market capitalization, popularity, and widespread adoption famous.

Mainstream digital currency currencies

With the continuous development of the digital currency market, some currencies have gradually stood out and become mainstream currencies species, receiving widespread attention and investment.

Bitcoin (BTC)

• Bitcoin is the first and best-known digital currency, launched in 2009.
• It is the world’s largest digital currency by market value and the most widely known.
• Bitcoin is viewed as a store of value and a safe-haven hedge against inflation.

Ethereum (ETH)

• Ethereum is a decentralized blockchain platform launched in 2015.
• It allows users to develop and run smart contracts, paving the way for various applications.
• Ethereum’s native token is called Ethereum (ETH), which is the second largest digital currency by market capitalization.

Binance Coin (BNB)

• Binance Coin is a token issued by the Binance exchange and launched in 2017.
• It can be used for trading fee discounts, participation in Binance Launchpad, and other features.
• Binance Coin is one of the top five digital currencies by market capitalization.

Tether (USDT)

• Tether is a stablecoin launched in 2014.
• It is pegged to the U.S. dollar and aims to provide a price-stable store of value.
• Tether is the largest stablecoin by market capitalization and one of the digital currencies with the largest trading volume in the world.

Cardano (ADA)

• Cardano is a decentralized blockchain platform launched in 2017.
• It focuses on the scalability and security of smart contracts.
• Cardano’s native token is called ADA and is one of the top ten digital currencies by market capitalization.

In addition to these mainstream currencies, there are many other digital currencies circulating in the market. However, the above-mentioned coins stand out due to their market capitalization, popularity, and widespread adoption.

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