Better Stablecoin Buy: Tether (USDT) vs. Ripple USD (RLUSD)

Group 1 - Stablecoins are considered safer alternatives to volatile cryptocurrencies, typically pegged to fiat currencies like the U.S. dollar, allowing for faster and cheaper cross-border transfers [1][2] - They can earn higher yields than traditional savings accounts and are used for payments on decentralized applications across various blockchains [2] - The largest stablecoins are pegged to the U.S. dollar but differ in backing assets and ecosystem integration [3] Group 2 - Tether is the most valuable stablecoin with a market cap of $183.5 billion, launched in 2014, and is widely accepted across multiple blockchains [4] - Ripple USD, with a market cap of $1 billion, ranks ninth among stablecoins and was launched in 2024, primarily used within Ripple's payment platform [5] - Tether is more broadly utilized on DeFi platforms compared to Ripple USD, which is mainly used for money transfers within its own ecosystem [6] Group 3 - Ripple USD serves as a "bridge currency" for fiat transfers, simplifying the conversion process between different fiat currencies [7] - Tether is widely used across major blockchains, while Ripple USD operates mainly within its own blockchain, making Tether a safer investment option [8]