What are the coins on the Ethereum chain?

In addition to Ethereum (ETH), various cryptocurrencies are hosted on the Ethereum chain, including: Stablecoins: Tether (USDT), USD Coin (USDC), Binance USD (BUSD) Altcoins: Binance Coin (BNB ), Uniswap (UNI), Chainlink (LINK) DeFi tokens: Aave (AAVE), Compound (COMP), Maker (MKR) Utility tokens: Filecoin (FIL), BAT (Basic Attention Token), MANA (Decentraland)

Coins on the Ethereum chain

Ethereum is a decentralized blockchain platform for creation and deployment Blockchain-based applications. In addition to its native cryptocurrency Ethereum (ETH), the Ethereum chain also hosts the following cryptocurrencies:

Stablecoins

• Tether ( USDT): A stablecoin pegged to the U.S. dollar, designed to maintain a 1:1 value.
• USD Coin (USDC): Another USD-pegged stablecoin backed by Circle and Coinbase.
• Binance USD (BUSD): USD-pegged stablecoin backed by Binance.

Altcoins

• Binance Coin (BNB): The native token of Binance exchange, used to pay for transactions Fees and participation in DeFi products on the Binance Smart Chain.
• Uniswap (UNI): The native token of the Uniswap decentralized exchange, used for governance and obtaining a portion of platform fees.
• Chainlink (LINK): A token for a decentralized oracle network that provides a reliable source of off-chain data.

DeFi Tokens

• Aave (AAVE): A governance token for a lending protocol that allows users to borrow and lending cryptocurrencies.
• Compound (COMP): Another governance token for a lending protocol that offers variable interest rate lending.
• Maker (MKR): The governance token of the MakerDAO decentralized autonomous organization, used to govern the stable currency DAI.

Utility Token

• Filecoin (FIL): A token for a decentralized storage network that allows Users store and retrieve files.
• BAT (Basic Attention Token): The token used in the Brave browser to reward users for paying attention to ads.
• MANA (Decentraland): A token for a virtual reality platform that allows users to buy and sell virtual land.

These are just a few examples of the many cryptocurrencies on the Ethereum chain. The platform’s diversity and flexibility make it an ideal home for a variety of blockchain assets.

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