The Three Leading Stablecoins
| Property | USDT (Tether) | USDC (Circle) | DAI (MakerDAO) |
|---|---|---|---|
| Backing | Fiat reserves | Fiat reserves (audited) | Crypto-collateralized |
| BSC Market Cap | $60B+ | $2B | $500M |
| Decentralization | Centralized | Centralized | Decentralized |
| Freeze Risk | Yes (address blacklist) | Yes (address blacklist) | No |
| BSC Liquidity | Very High | Moderate | Low |
Why Paychainly Uses USDT by Default
- Highest BSC liquidity — easiest for customers to obtain from exchanges.
- Deepest PancakeSwap pool — best swap rates for gas refills.
- Lowest slippage on large amounts.
- Universal recognition — most crypto users already hold USDT.
Adding USDC Support
Paychainly's multi-network architecture supports adding USDC as a token. Create a new entry in the tokens table with the USDC contract address and decimals (6 on most chains). Update the eth_getLogs filter to include the USDC contract.
When to Consider DAI
If your user base values decentralization and censorship-resistance — common in DeFi and privacy-focused markets — offering DAI as an option can differentiate your platform.
Recommendation
Start with USDT on BSC. Add USDC when customers request it. Consider DAI only if your market specifically demands it — the lower liquidity increases slippage on gas swaps.