Discover how USDY, a yield-bearing stablecoin from Ondo Finance, offers secure, regulated returns backed by US Treasuries across multiple blockchains.

, which are crypto assets pegged to a major fiat asset, have gained tremendous popularity and are helping investors deal with the typical volatility of the market. For many years, stablecoin cryptocurrencies have been used for payments, principal value storage, B2B transactions and more. However, traditional stablecoins have always lacked the ability to generate yield. These assets are fixed at a certain rate (e.g., $1) and, due to inflation, they don’t protect against your funds’ value erosion. 

 have started to gain traction over the past several years. These "new generation" stablecoins, unlike their traditional counterparts, not only provide rate stability but also generate yields, growing your investment over time. One of the leading assets among yield-bearing stablecoins is US Dollar Yield (USDY), issued by Ondo USDY LLC, part of 

Backed by low-risk traditional finance (TradFi) reserves, USDY generates yields and is a fully composable asset that can be used throughout the DeFi ecosystems of multiple blockchains. The reserves and issuance of the stablecoin are also subject to high regulatory controls. In the world of yield-bearing stablecoins, USDY is among the top choices in terms of popularity, regulation and security.

What is the Ondo US Dollar Yield (USDY) Token?

 (USDY) is a yield-bearing stablecoin offered by Ondo USDY LLC, part of the Ondo Finance DeFi solutions provider. 

USDY’s value tracks that of the US dollar, and it’s backed by Treasury bills and demand deposit reserves. The coin issuer’s parent company, Ondo Finance, specializes in institutional-grade crypto solutions. Ondo aims to make on-chain institutional-grade finance tools and infrastructure accessible to anyone.

USDY was launched in August 2023. As of April 2025, the stablecoin has become available on 

 — a level of multichain coverage that few other stablecoins can match.

While USDY’s price tracks the US dollar’s, its rate is typically somewhat higher than $1 because yields earned by each unit of the stablecoin are added to it, increasing its nominal value.

 (RWAs), primarily Treasury bills, although some portion of the reserves may also be represented by bank demand deposits. Both of these financial asset types are considered cash equivalents.

To ensure the Ondo ecosystem's security, Ondo backs each $100 equivalent of USDY with reserves worth $104, maintaining a 4% overcollateralization rate at all times.

Ondo Finance takes the transparency of USDY seriously. The company has established a bankruptcy-remote mechanism, with a separate corporate entity controlling the issuance and oversight of the stablecoin in various ways, including a board of directors with an independent director, and segregation of assets and reporting from Ondo.

USDY is a fully composable asset that can be used in the DeFi ecosystems of its host blockchains for various purposes, such as collateral, 

USDY provides several significant benefits for its holders. First, it allows eligible individual and institutional investors to earn dollar-denominated yield. This is in contrast to traditional stablecoins, which provide no yield opportunities at all. While other yield-bearing stablecoins also generate returns for holders, some of these pay the yields in volatile cryptocurrencies, rather than high-quality assets.

Thanks to its dollar peg, USDY offers both yield and relative stability. Additionally, it’s fully composable, creating opportunities for use across various DeFi protocols. USDY is available on seven blockchains, providing access to more DeFi opportunities than most yield-bearing stablecoins.

The coin may also be used for passive holding, growing in value over time as yields accrue. In this capacity, USDY represents a good low-risk, on-chain investment opportunity.

Finally, USDY’s overcollateralization and backing by high-quality TradFi assets, Treasury bills and demand deposits make it one of the most secure yield-bearing stablecoins on the market.

How does Ondo US Dollar Yield (USDY) work?

Individuals and institutional entities need to undergo an onboarding process to acquire USDY, during which they submit relevant identity, legal and tax documents. Ondo diligently applies 

 (AML) checks in order to adhere to US securities laws, the Investment Company Act of 1940 and other relevant regulations.

US and UK residents cannot apply to buy USDY, although you may be eligible if you’re a US or UK citizen and reside abroad.

If your application is approved, you can be issued USDY 40 to 50 days after your initial deposit date, although you’ll start earning yield from the first day of your investment. The minimum amount for investment or redemption is $500. You can buy USDY from Ondo using the 

 stablecoin. US dollar wire transfers are also supported for amounts over $100,000.

Redemptions are only transferred in US dollars to bank accounts outside the US. You can redeem your USDY investment at any time, and the typical timeline to receive your funds is about 2–3 business days from the date of your request.

USDY accrues yield daily. The stablecoin’s yields are structured not to incur any US federal tax obligations. Ondo doesn’t charge any performance or management fees for USDY yields. However, the company earns income from a portion of yields generated by the underlying assets backing USDY.

As noted earlier, USDY’s yields accrue to each unit of the token. Therefore, the value of one USDY is usually above $1. For instance, the average value of USDY as of the time of this writing (Apr 30, 2025) is $1.11.

For investors who prefer a fixed $1 rate for the stablecoin, Ondo offers the rebasing version, called rUSDY. Yields for rUSDY are paid to your wallet in the form of additional tokens by increasing the supply of the crypto, while the principal remains at (or very close to) $1. This is known as rebasing. USDY and rUSDY are freely convertible between each other.

The rebased version of the coin might be useful to those who need to ensure rate stability (for example, for B2B payments of agreed-upon contractual amounts) while also earning yields from their investments.

 as a swap pair with the USDT stablecoin.

USDY boasts numerous benefits for investors — low-risk yields from high-quality traditional assets, wide multichain coverage, regulatory compliance, transparency, composability and rate stability. The combination of all these benefits is quite rare in the crypto market, and the investor community is definitely taking note: USDY is already the third-highest-ranked yield-bearing stablecoin by market cap as of late April 2025. 

Since the yield-bearing stablecoin niche is expanding, the advantages of the USDY are likely to attract further interest, both among the institutional crowd and with individuals keen to access high-quality, institutional-grade crypto products.

Intermediate

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What is Ondo US Dollar Yield (USDY) and how does it work?

Discover the 7 top Sui meme coins in 2025, from MIU to HIPPO, as they gain traction with fast growth, strong communities, and unique use cases.

 blockchains, have continued to rally as investors make bold moves with renewed risk appetites. As a 

 blockchain, Sui has continued to attract crypto enthusiasts — especially meme coin lovers, who appreciate the platform's speed and affordability.

Recent surges in trading volumes and market caps of SUI meme coins — such as MIU, LOFI and BLUB — highlight growing investor interest. For instance, BLUB experienced an 88% increase in just 24 hours from Apr 22–23, 2025, contributing to the broader rally of SUI as its price surged over 63% in April 2025.

These coins often incorporate unique themes and philanthropic efforts, such as HIPPO's wildlife conservation donations, that foster strong community support.

Let's look at the top Sui meme coins making waves in the crypto market.

​Sui-based meme coins are rapidly gaining traction due to a combination of technological advantages and vibrant community engagement. The 

 parallel transaction execution and unique gas pricing mechanism enable ultrafast transaction speeds and minimal fees. This makes Sui an ideal platform for the high-volume, speculative trading that meme coins often entail. Sui’s scalability and secure Move programming language attract developers seeking efficient and safe environments for launching their new tokens.​

 (DeFi) further supports meme coin growth, providing avenues for increased utility beyond mere speculation. Following are the top ​Sui meme coins based on market cap, as of Apr 30, 2025.

 is currently the leading ​Sui-based “cat meme coin,” with a market cap of $70.6 million. It draws in investors with its fun, energetic branding and community-driven spirit. MIU also features expanded utility beyond its cute cat hype, allowing users to access DeFi and 

 (NFT) opportunities on its platform. It also promotes long-term commitment via its 

 process, as stakers can earn up to 15% APR with 12 months of staking.

The project frequently launches community events and contests, strengthening its dedicated holder base. MIU’s success highlights the growing appetite for meme tokens on scalable blockchains like Sui. Its playful appeal and strong tokenomics have positioned it at the top of the ​Sui meme sector. MIU is a 

 coin: its total supply is 9 trillion tokens, of which 55% are dedicated to a 

, 15% allocated to staking rewards, 15% to ecosystem development, 10% to community and 5% reserved for the team.

MIU continues to ride the wave of growing meme adoption, aiming to become a lasting force within the Sui ecosystem and beyond.

With a market cap of $35.86 million and over 50 million app users, 

 (MEMEFI) is an ambitious Telegram project that blends the world of memes with SocialFi utilities. Unlike typical meme coins that rely solely on hype, MemeFi aims to engage Telegram users with an interactive web3 meme-themed clicker game that offers daily giveaways and incentivizes ad creations for enterprises.

Its native token, MEMEFI, is more than just a mere meme coin, and has use cases for 

You can trade MEMEFI on Bybit’s Spot trading platform (

 is a rising ​Sui meme coin known for its chill "lofi vibes" branding that resonates with a younger, internet-native audience. Beyond its fun appearance, LOFI has demonstrated solid growth by tapping into communities through music, lifestyle and crypto.

The project also ties in eco-conscious initiatives, focusing on providing clean water sources for global communities and addressing the impact of ocean waste and plastic on marine health, giving it a mission-driven angle not typically seen in meme coins. Besides direct donating, minting LOFI Mystic Yetis NFTs also helps contribute to the cause, with 20% of the proceeds going to the LOFI Foundation.

Lofi’s accessible vibe and shrewd marketing strategy continue to attract new supporters, helping LOFI to stand out in the increasingly crowded ​Sui meme scene. 

 (commonly known as HIPPO) is a community favorite in the ​Sui meme world. The HIPPO token mixes humor with philanthropy, donating a portion of its revenues to wildlife conservation initiatives, starting with Thailand’s Khao Kheow Open Zoo that houses Moo Deng, the adorable pygmy hippopotamus that inspired this viral meme coin. This feel-good approach has helped build an extremely loyal community around the HIPPO token.

Sudeng’s dual focus on memes and real-world impact gives it staying power. The project’s growing community engagement ensures that HIPPO remains relevant in a fast-moving crypto space.

You can buy HIPPO as a USDT Perpetual contract on Bybit (

 is making waves in the ​Sui meme coin ecosystem with its aquatic-themed branding and integration of meme culture. Known for its friendly, community-first approach, BLUB frequently hosts giveaways, meme competitions and liquidity incentives to maximize engagement.

The coin’s fun branding and its steady increase in active users have helped BLUB climb the ranks quickly. Its strong online presence and viral meme campaigns have attracted crypto enthusiasts who are looking for the next breakout meme project. As it continues building partnerships and expanding its reach, BLUB demonstrates strong potential to become a staple in the Sui meme scene.

 (TOILET) is a rising meme coin on ​Sui that embraces humor and absurdity in a way that resonates with crypto culture. Its branding focuses on being intentionally ridiculous, tapping into the viral tone of meme coins that don't take themselves too seriously.

The project’s organic, community-driven growth has made it one of the most talked-about newer entrants in the ​Sui meme space. Frequent meme contests, community raids and spontaneous airdrops help fuel engagement. One of its biggest events is the distribution of Toilet Club Alpha Pass NFTs to the top 100 TOILET holders (as indicated by the Apr 21, 2025 screenshot), which gives holders access to all of Toilet Dust's projects and events and the right to vote on Toilet Dust's future development.

Despite its humorous façade, TOILET’s strong holder base and active marketing tactics suggest it may remain relevant as Sui’s meme coin ecosystem continues to expand.

 (FUD), another top project in the ​Sui meme coin category, is built around an adorable pug mascot battling FUD (fear, uncertainty and doubt) in the crypto world. With a humorous tone and clever marketing, FUD has built a vibrant community of holders who embrace both its memes and its mission.

FUD leverages trending memes, contests and airdrop rewards to keep its community marketing fresh and viral, helping it steadily grow in popularity. Its deep integration of ​Sui apps like 

 — as well as its deflationary tokenomics, whereby 20% is dedicated to token burning — makes FUD a strong contender for future growth in the meme space.

Buying ​Sui meme coins on Bybit can be exciting. Nevertheless, it's important to recognize the risks and rewards involved. 

, and their prices can swing wildly and quickly, offering chances for sizeable gains as well as sudden losses.

Always approach these investments with caution, never risking more than you can afford to lose. That said, the fast-growing ​Sui ecosystem and meme culture can create rewarding opportunities for traders who stay informed and manage their risk properly.

Currently, you can buy MEMEFI as a Spot pair and Perpetual contract on Bybit. HIPPO is also available as a Perpetual contract. This gives traders the flexibility to choose the type of exposure they want — simple buying and holding with Spot, or leveraged trading with Perpetual contracts.

Spot trading is the most straightforward way to buy ​Sui meme coins, as you directly purchase the coin and own it outright. On Bybit, the process is simple. After choosing the Spot pair, such as MEMEFI/USDT, select your preferred order type — e.g., 

(you set the price you're willing to pay) — and confirm the trade to make your purchase.

Spot trading is ideal for beginning traders, as well as anyone who prefers a more straightforward, lower-risk approach as compared to 

Buying Sui meme coins as Perpetual contracts

Bybit offers MEMEFI and HIPPO as USDT Perpetual contracts for those seeking more advanced trading options. With Perpetual trading, you don’t own the actual coins; instead, you speculate on their price movement. Key points to understand include the following:

Perpetual contracts can offer significant rewards, but require a strong understanding of 

. Always start with lower leverage and practice solid trading discipline.

Whether you prefer the simplicity of Spot or the strategy of Perps, Bybit provides flexible ways to explore the booming ​Sui meme coin market.

The rapid rise of meme coins on the Sui blockchain highlights the power of community-driven projects when they’re paired with innovative technology. Thanks to Sui’s high-speed transactions, low fees and developer-friendly environment, Sui meme coins like MIU, LOFI and HIPPO have found a perfect ecosystem in which to thrive. Each project brings something unique to the table — whether humor, philanthropy, DeFi innovation or pure meme culture — creating a vibrant and diverse ​Sui meme coin landscape.

Beginner

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7 top Sui meme coins to pay attention to in 2025

Mastercard has partnered with Circle, Paxos, and Nuvei to allow 150 million merchants to accept stablecoin payments. 

Daily top performer — Drift Protocol (DRIFT)

The S&P 500 rose 0.58% for a sixth straight gain as markets await key inflation and GDP data, alongside earnings from Meta and Microsoft. Gold fell 0.60% to $3,323 as a stronger USD and improved risk appetite limited safe-haven demand. Prices remained range-bound, with key levels at $3,260 support and $3,400 resistance. The Coindesk Indices, which tracks the broader crypto market, rose 0.51%, with Bitcoin and Ether up 0.55% and 1.31%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is DRIFT, which surged 28.7% following the introduction of Amplify, Drift's tool for simplified leverage that boosts yields with increased risk.

Drift Protocol (DRIFT), founded in 2021, is a decentralized exchange (DEX) on Solana offering spot trading, perpetuals, and market-making tools. Drift v2 builds on this by improving trading efficiency, security, and user-centric features, incorporating community feedback to enhance the platform. 

 by Drift automates leveraging strategies for higher yields by recursively borrowing against yield-generating assets. It simplifies the process, making leverage accessible with one click. However, risks such as liquidation, changing interest rates, and oracle failures exist. Amplify is designed for users with JLP or SOL LSTs seeking to boost yields with minimal complexity but comes with increased risk.

Check out the latest prices, charts, and data of 

 with Circle, Paxos, and Nuvei to allow 150 million merchants to accept stablecoin payments. The company aims to make it easier for both merchants and consumers to use stablecoins, promoting blockchain technology's mainstream adoption. Additionally, Mastercard has launched a crypto payments card with MetaMask, enabling self-custodied fund transactions with fast processing speeds. Stablecoin market growth is expected to reach $3.7 trillion by 2030.

Yesterday, Bitcoin spot ETFs saw $43.9 million in net outflows, all from non-GBTC funds, while GBTC recorded zero flows.

, a Layer-1 blockchain focused on AI agents and user-owned IP, is offering a limited-time free ticket to its Summit Series for the next 18 hours. Users can also join the Camp Points Program by completing simple tasks to earn points, which may qualify them for a future $CAMP token airdrop. A minimum of 30 points is required to be eligible. Daily check-ins earn bonus points. VPN use may be needed for access.

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Mastercard partners with Circle, Paxos, and Nuvei to enable stablecoin payments for 150 million merchants

Gold's meteoric rise in 2025 is closely tied to broader macroeconomic factors, particularly the performance of the US dollar and global stock markets. 

Gold's meteoric rise in 2025 is closely tied to broader macroeconomic factors, particularly the performance of the US dollar and global stock markets. A weakening dollar, combined with disappointing equity returns, has created a fertile environment for gold to thrive. With gold priced in dollars, any depreciation in the US currency enhances gold's relative value, attracting both domestic and international investors.

Year-to-date, gold has gained 26%, while the S&P 500 has declined by 11%. This inverse relationship underscores gold's role as a traditional 

 during periods of economic uncertainty and market volatility.

Adding to the bullish momentum, inflationary pressures are remaining persistent, further eroding the purchasing power of fiat currencies and boosting gold's appeal as a hedge against currency devaluation.

Geopolitical uncertainty and tariff risks

Trade policies under U.S. president Trump have reignited fears of global tariff wars. The uncertainty surrounding tariffs has prompted investors to seek refuge in gold, considered the "global currency" during times of economic disruption. Concerns about tariffs on key commodities, including gold itself, have added another layer of complexity to market dynamics.

Potential tariffs on gold could mirror the recent surge in copper prices, as supply constraints and increased demand drive costs higher. Exporters and importers, wary of volatile exchange rates, are increasingly opting to hold gold instead of more vulnerable currencies like the Canadian dollar (CAD), Japanese yen (JPY), euro (EUR), Chinese yuan (CNY) and Mexican peso (MXN).

By serving as a neutral reserve asset, gold provides much-needed stability amid shifting trade patterns and geopolitical tensions. As global commerce adapts to new tariff structures, the demand for gold as a "store of value" is likely to intensify.

Interestingly, the ongoing trade war dynamics suggest that for the first time in decades, gold may be emerging as the 

. As U.S. imports become more expensive due to tariffs, exporting countries earn less revenue and, consequently, reduce their investments in US Treasuries. This dynamic has led to selling pressure on Treasuries, weakening their traditional role as a safe-haven asset — and with Treasuries losing their appeal, investors are increasingly parking their capital in gold, reinforcing its unique position during this period of heightened trade tensions.

From a technical standpoint, gold's rally appears robust. The 

 (MACD) indicator remains positive, signaling that bullish momentum is intact. Notably, the 12-day moving average is above the 26-day moving average, confirming that short-term price action is outpacing longer-term trends.

 (RSI) stands at 60, indicating that while gold is nearing overbought territory, momentum hasn’t yet faded. This technical setup suggests that gold could continue its upward trajectory in the near term, especially if macroeconomic and geopolitical factors remain supportive.

The next upside technical target is pegged at $3,500, with analysts projecting a potential move toward $4,000 by year end if current momentum holds.

China's role in supporting gold prices cannot be overstated. Amid a deepening economic slowdown and strict capital controls, Chinese investors are increasingly turning to gold to preserve their wealth. With over 1.4 billion citizens seeking alternatives to a weakening yuan, demand for gold within China has surged.

This trend is reflective of a broader shift in emerging markets, whereby gold is viewed not just as an investment but as a critical safeguard against economic instability and currency depreciation. Intensifying Chinese demand provides an additional tailwind to global gold prices.

While gold commands the spotlight, silver presents an intriguing complementary opportunity. Historically correlated with gold, silver remains significantly below its ATH of $50, which was set in 2011. Given the momentum in precious metals, silver's relative undervaluation offers considerable upside potential for investors seeking diversification.

With industrial demand also supporting silver prices, silver could benefit from both safe-haven inflows and economic recovery scenarios, making it a compelling addition to a diversified precious metals portfolio.

In conclusion, gold's impressive surge to record highs is being driven by a combination of macroeconomic headwinds, geopolitical uncertainty and strong technical indicators. Trade policy risks, the weakening dollar and growing demand from China reinforce gold's role as a premier safe-haven asset.

Because technical momentum remains positive and investor sentiment strong, gold appears well positioned to continue its ascent toward the $3,500 mark by year end. Investors seeking to hedge against economic instability and currency volatility will likely find gold — and potentially silver — to be attractive additions to their portfolios in 2025.

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Bybit X FXStreet Report: Gold could reach US$4,000 per ounce by 2025

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Worried about bear market sentiments and volatility? Make sure to add these blue chip cryptos to your investment portfolio.

Blue_Chips_Crypto.jpeg

It’s nothing new: Whenever prices start to turn south in the financial markets, investors immediately seek sanctuary in safe-haven assets with solid fundamental value. In other words, they seek out blue chips.

, have been around longer, have solid reputations, and are more stable than other crypto and blockchain coins, making them a popular option for investors during 

In this guide, we’ll dive into blue chip coins and break down what they are, how they work, how they differ from blue chip stocks, and, most importantly, how to invest in them to reduce your risk while enjoying long-term profits.

Blue chip cryptos are established cryptocurrencies with institutional status, strong reputations, higher liquidity, lower volatility and sizable market caps.

 has its origins in the game of poker. In 19th-century America, poker ruled the frontier landscape, as red, white and blue poker chips regularly exchanged hands. The blue chips always held the highest value.

The term is believed to have first been used to describe stocks in the 1920s. According to reports, a Dow Jones employee coined the term after noticing certain stocks trading much higher than others.

Throughout the century, “blue chip” came to refer to much more than just a high-priced stock. Today, it refers to stocks issued by established, financially stable companies with strong reputations for weathering the economy’s storms and withstanding the test of time.

When it comes to crypto, the definition of “blue chip” remains much the same. Blue chip coins like Bitcoin and Ethereum have established themselves as institutions in the crypto/blockchain space.

Bitcoin is the original crypto, and unquestionably the most established. While it’s still 

 at times, it has managed to consistently increase in value since its inception in 2009.

Ethereum has also grown incredibly in both prominence and value. As a

 (NFTs), its blue-chip status is in no danger of disappearing anytime soon.

Due to their relatively recent emergence, blue chip cryptos like Bitcoin and Ethereum haven’t exactly stood the test of time like their stock cousins. However, they have 

, and are widely considered to be financially stable.

Blue chip stocks in traditional finance are typically a component of reputable indexes, such as the Dow Jones Industrial Average, S&P 500 and the NASDAQ in the U.S. In the U.K., blue chips call the FTSE UK Index home. While no definitive benchmark exists as far as 

, a generally accepted benchmark for a blue chip stock is a market cap of $5 billion.

Blue chip stocks are leaders in markets, industries and sectors. Some examples of companies with blue chip status include Amazon, Google, Walmart, Disney, Coca-Cola®, General Electric and IBM. These are all highly liquid, highly respected, highly reliable, and most importantly, highly stable. This makes them safe investments, especially in bear markets.

For the most part, the same holds true for blue chip cryptos. Over 

 have been minted, and more seem to be added each day. However, very few have earned a strong enough reputation or reached a market cap worthy of blue chip status.

Despite being fairly new and not having existed for as long as some blue chip stocks, Bitcoin and Ethereum have stood out as blockchain pioneers and blue chip cryptos you can count on in almost any market condition.

 counterparts, there are several factors distinguishing blue chip coins from the thousands of 

 options now available for traders and investors with lower aversion to risk. Some of these factors are listed below.

First and foremost, blue chip cryptos aren’t exactly the new kids on the block. In fact, quite the opposite is true. They’ve been around for well over a decade and have withstood a wide variety of market conditions. As the original cryptocurrency and founding parent of blockchain technology, 

 than any other, helping it achieve its blue chip crypto status.

In the traditional world of stocks, the term “blue chip” is used to describe a well-established company globally recognized as a reliable investment. Blue chip companies have strong reputations for creating quality products or services and weathering downturns. The same can be said for blue chip coins like 

, which have strong reputations within the investor community and the entire world.

No other coin has as much institutional support as Bitcoin. While Ethereum and its DeFi platforms are considered blue chips with some serious investors, Bitcoin is currently a part of corporate balance sheets like 

 crypto or stock status. The crypto world’s two heaviest hitters, Bitcoin and Ethereum, blow this figure out of the water. With respective current market caps of over $600 billion and $250 billion, they definitely meet the mark.

High liquidity and being able to easily move in and out of positions is another hallmark of blue chip coins and stocks. Billions worth of BTC are traded every day, so unless you want to buy or sell millions worth of coins, you’ll find a market flush with liquidity whenever you need it.

Sending and receiving your cryptocurrencies play a major role, especially when funds are transferred from one wallet to another. It can either be between crypto exchanges or 

 wallets. Cryptocurrencies like Bitcoin and Ethereum have to be highly interchangeable with one another in order for more adoption to take place. Users would want to be able to exchange BTC in return for ETH of the same value instead of using an illiquid asset like NFTs.

Cryptocurrencies and volatility pretty much go hand in hand. While wild price swings are the bread and butter of avid traders, the whipsaws can be brutal for

. While volatile, blue chip cryptos such as Bitcoin and Ethereum don’t move as much as other cryptocurrencies, making them safer, more stable investments in both 

At its core, crypto is all about decentralization. However, some coins are more decentralized than others. Bitcoin, 

 in general, are imbued with the concepts of equality and independence and represent the embodiment of democratic ideals.

Bitcoin (BTC) checks all of the boxes above, making it the premier blue chip crypto and a safe haven for anyone looking for less volatility and greater long-term growth. As the very first crypto ever created, Bitcoin has survived longer than any other cryptocurrency and certainly qualifies as a high-quality asset.

With its long track record, it should come as no surprise that Bitcoin also has the largest market cap of any cryptocurrency. In fact, BTC is such a driver in the crypto space that the price movements of other blue chip coins and non-blue chip coins alike often depend on it for guidance.

Unlike with other cryptos and blue chip coins, Bitcoin investors and traders enjoy first-mover advantage. They also benefit from Bitcoin’s scarcity. With only 

 ever to be available, the price of BTC continues to climb and prove itself as a rock-solid blue chip crypto investment.

Ethereum (ETH) is the second largest crypto in terms of market cap but is the leader in usage, making it a powerful player in the crypto space. Its robust, revolutionary platform supports over 70 percent of all available altcoins, and has the greatest number of 

As a whole, ETH commands 20 percent of the crypto market. Yet, it continues to improve and evolve, making it an ever more important component of the 

With its widespread usage and advanced technology, Ethereum is without a doubt one of the top blue chip coins worth investing in almost any time, but especially in times of crisis when considerations of safety and security outweigh the desire for explosive short-term gains.

Among the many projects in crypto, some of them have secured their position as lower-tier blue chips. As competition is high and few have the potential to survive through a bear market, here are the other blue chip coins following behind Bitcoin (BTC) and Ethereum (ETH).

 was launched in 2017 as the native coin of the Binance ecosystem. It has the third largest market cap in crypto at

. BNB has survived well and is still behind Ethereum, with no other coins near its market cap. Users can use BNB to pay for gas on the BNB Chain or receive fewer 

 was created in 2012 for Ripple’s payment platform. The XRP blockchain was initially popular for its instant money transfers to anywhere in the world but has dropped off since many other projects started coming on board. Since its beginnings, it has climbed to the fourth largest market cap behind BNB at $ 36.6 billion with its 

 was launched around the same time as BNB in 2017 for the Cardano network and as a competitor to Ethereum. As the fifth largest crypto by market cap, ADA trails behind XRP at $11 billion. While Cardano is still in heavy development, 

, which promises to increase throughput by multiples on top of the deployment of smart contracts and 

 previously, making Cardano a perfect option to consider for the future.

Stablecoins maintain their price stability by pegging their value to the U.S. dollar or gold. Similarly to any other cryptocurrencies, the SMIDGE framework — stability, management, implementation decentralization, governance and externals — is largely applied in deciding the condition of a stablecoin.

 from the New York State Department of Financial Services (NYDFS). Surprisingly, despite dominating the stablecoin market with a market cap of over $80 billion, USDT is rated at the bottom of the chart.

Essentially, the report above shows that market cap doesn’t prove the trustworthiness of a stablecoin, and the numbers from the audit should justify whether or not a stablecoin is considered to be a blue chip, based on the SMIDGE framework.

 (USDC), USDC ranks higher mainly because of its governance metric. On closer inspection, USDC outperforms USDT by providing a more transparent reserves verification, as well as statutes to protect the interest of stablecoin holders. The lack of a complete financial audit, or of disclosing the names of its banks and custodians for its reserves, raises the question as to whether or not USDT is truly secure, despite its large market capitalization.

On the other hand, DAI scores highly on the ranking board, despite its smaller market cap, mainly due to its collateralization. Unlike USDT or USDC, which are 100% collateralized, 

 is overcollateralized, meaning users must deposit more collateral than they can borrow in exchange for the stablecoins. When taking a closer look into their asset storage, around 83% of DAI's reserves are held in Maker's fully audited contracts and off-chain in real-world assets, such as business loans, real estate and U.S. Treasury ETFs. This essentially gives users a better idea of the stability of the assets as opposed to the other blue chip stablecoins on the list.

If you’d like to invest in blue chip cryptos according to past performance, you first need access to a platform like

 currency into blue chip coins and follow a few more steps.

To buy and sell blue chip crypto, you need to choose a cryptocurrency exchange to use. Crypto exchanges are similar to stock trading platforms, such as E*Trade®, TD Ameritrade or Charles Schwab. As one of today’s top exchanges for investing in blue chips and other coins, Bybit is an excellent option.

Once you’ve selected a reputable crypto exchange like Bybit, 

 by providing your name, address, email address and any other information required to verify your identity and residential address.

A photo ID and recent utility bill or bank statement are also necessary to complete 

, a legal requirement for exchanges operating in the U.S. While most accounts are instantly approved, you may have to wait a day or two for your account to be verified.

In order to invest in blue chip coins, you’ll next need to fund your account. The cheapest way is to link your bank account and exchange account. However, this can take a few days. To save time, you can buy blue chips with a credit or debit card instead. The fees are a little higher, but you have the added benefit of near-instant deposits.

With your account funded, it’s finally time to buy some crypto. Bybit and similar popularly used platforms allow you to easily 

 and to scan and purchase any number of cryptocurrencies, including blue chips like Bitcoin and Ethereum.

enter how much you’d like to buy (how much you want to spend), and let the exchange process the transaction. There are different types of buy orders you can execute, depending on your trading experience and goals, but for the most part, that’s all there is to it.

Once you’ve acquired some blue chip coins, the last step is choosing where and how you want to store them. Do you want to keep all your cryptos on the exchange where you just purchased them, or do you want to transfer them to your 

The second option is more popular and is highly recommended. With your own 

, you hold the keys and have complete control over your crypto, with zero susceptibility to third parties. Known as 

, these store your cryptocurrency offline on a 

While learning how to set up and use a crypto wallet can take some getting used to, it’s a safer overall choice for avoiding hackers, errors, outages and anything else that might threaten your funds’ safekeeping on an exchange.

If you’ve been a fan of crypto and DeFi for any length of time, it’s great hearing terms like “blue chip” being used to reference them. We’re used to hearing about safe stocks with predictable returns, but we’re just now starting to see this attitude toward assets in the crypto world. With the rise of blue chip cryptos like Bitcoin and Ethereum, investors can safely put their money into assets with the rare combination of security and profit potential.

What Are Blue Chip Cryptos, and Are They Safe Bear Market Options?

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