3. Tether (USDT) Tether is a stablecoin that is pegged to the US dollar. Currently, it is the third-largest cryptocurrency and one of the most popular stablecoins. The main use for Tether is to tether or stabilize other cryptocurrencies. When the crypto market fluctuates a lot, investors often move their money into USDT so they dont lose as much money. This helps to stabilize the market and provides a way to buy cryptos when prices are low and sell when they are high.

4. USD Coin (USDC) USD Coin is a stablecoin created by Circle and Coinbase. It is backed 1:1 with the US dollar and is available on Coinbase. Like Tether, USD Coin is used to stabilize other cryptocurrencies. Because it is available on Coinbase, it is one of the more accessible stablecoins. Coinbase is one of the most popular crypto exchanges and allows for buying, selling, and transferring crypto easily. 5. BNB (BNB) BNB is the native token of Binance, one of the most used platforms for buying, selling, and transferring crypto. BNB can be used to pay fees on the Binance platform. These fees are often lower than if you were to pay them in another currency. It can also be used to buy other cryptos on the Binance platform.

6. Binance Coin USD (BUSD) Binance USD is another stablecoin. It was created by Binance and is backed 1:1 with the US dollar. Like other stablecoins, it is used to stabilize cryptocurrencies. Because it is from Binance, it can be used to pay fees on the Binance platform and to buy other cryptos. 7. XRP (XRP) XRP is the native token of Ripple, a payments network for banks and financial institutions. Created on its own blockchain platform, called XRP Ledger, Ripple is used by banks and financial institutions as a way to settle transactions quickly and cheaply. Because of its useful application for financial institutions, XRP has been adopted by some of the largest banks in the world.

8. Cardano (ADA) Cardano is a smart contract platform created in 2015 by Charles Hoskinson, one of the co-founders of Ethereum. What makes it unique is that it uses a proof-of-stake consensus algorithm instead of proof-of-work. This makes it more energy efficient than other blockchain protocols. For context, Processing Bitcoin transactions consumes around 110 Terawatt Hours per yearwhich is equivalent to the annual energy draw of small countries such as Sweden. Cardano, on the other hand, is said to be 1.6 million times more energy-efficient compared to Bitcoin, as cited by Forbes. Currently, they are working on integrating a new programming language called Plutus, which will make it easier to develop smart contracts.