Stablecoins are cryptocurrencies pegged to the value of a fiat currency, typically the US dollar, a commodity such as gold, or even a basket of assets. Stablecoins are today used throughout a variety of centralized exchanges, DeFi protocols, payment networks, and cross-border transfers due to their use as an instrument of liquidity and stability in such a highly volatile market. They represent a bridge to traditional financial systems and blockchain-enabled ecosystems, permitting fast settlement, transparent accounting, and low-cost global transactions.

**This information is not intended for EEA users, as it refers to a stablecoin that does not meet the requirements of MiCA, the EU Markets in Crypto-Assets Regulation. Exolix advises EEA users to trade only those stablecoins that are MiCA-compliant, such as USDC**

A list of stablecoins and price helps traders and investors see how the most popular options compare and are backed, and to choose which ones best align with their risk tolerance. While some of the stablecoins are indeed backed 1:1 by bank-held reserves, others use crypto collateral, algorithmic balancing, or hybrid stabilization structures. Each of these models-and the associated risks-is important in understanding the top-rated stablecoins by market capitalization.

What Are Stablecoins?
---------------------

Stablecoins are digital assets created to maintain a market price as close as possible to a target value, usually 1 USD. They constitute the cryptocurrency ecosystem's backbone, serving as a means of exchange, a unit of account, and even a store of value when prices change in rapidly moving markets. Traders use them to shift between assets without going through fiat, and companies make use of these for quick and inexpensive cross-border settlements.

The following stablecoin list contains a number of different stabilization models:

-   Fiat-backed stablecoins keep cash and liquid reserves in bank accounts or regulated custodians to maintain a 1:1 peg to fiat currency.

-   Crypto-collateralized stablecoins use over-collateralized digital assets locked in smart contracts to stabilize their values.

-   Algorithmic and hybrid stablecoins rely on supply changes, market incentives, or partial collateral to change prices.

A stablecoin relies on transparency, active reserve auditing, regulation, and market demand to ensure its reliability. While going through the popular stablecoin list, one can consider transparency of reserve backing, clarity of redemption mechanisms, and their relationship to the market capitalization of the currencies. Stablecoins with well-documented backing and a sizable market presence generally offer more predictable stability and deeper liquidity across exchanges and DeFi platforms. 

Top Stablecoins List
--------------------

List of stablecoins by market cap reflect the most actively used assets on centralized exchanges, via payment systems, and in DeFi protocols. Market capitalization signals scale and liquidity, but stability is underpinned by reserve transparency, collateral type, and governance, in concert with alignment to regulatory expectations. Each stablecoin in the above list has a different peg mechanism and associated risk profile. Understanding each token's value maintenance mechanism will give a pretty good view of which of these assets is appropriate for trading, long-term holding, or cross-chain transfers.

Below is the major stablecoins list normally referred to in 2025.

### 1\. Tether (USDT)

[USDT](https://exolix.com/currencies/usdt){:target="_blank" rel="dofollow"} is the largest stablecoin by market capitalization and among the most traded cryptocurrencies in the world. It is designed to always maintain a value of 1 USD, and it is collateralized by a mix of reserves that have historically included cash, cash equivalents, and short-term financial instruments. Currently, USDT is available on almost every blockchain ecosystem, placing it right at the heart of liquidity and settlements globally.

Being the most dominant in trading pairs, USDT is highly liquid, though transparency practices and compositions of its reserves remain key evaluation factors. Common use cases for it include spot trading, futures collateral, remittances, and value cross-chain movement.

[![usdt swap](https://blog.exolix.com/uploads/Frame_1991431858_1_7f9fc43b27.png)](https://exolix.com/currencies/usdt){:target="_blank" rel="dofollow"}

### 2\. USD Coin (USDC)

[USD Coin](https://exolix.com/currencies/usdc){:target="_blank" rel="dofollow"} is a fiat-backed stablecoin that is issued by regulated financial entities and is designed to maintain a 1:1 peg to the U.S. dollar. The USDC has gained recognition as a leader in terms of transparency, with its issuers publishing periodic attestation reports that guarantee reserves held in cash and short-term U.S. Treasury instruments. As a result of such auditing practices and regulatory alignment, USDC frequently finds itself near or at the top of nearly every major list of stablecoins and price provided by institutional trading desks and compliant financial platforms.

USDC has deep integrations into DeFi, centralized exchanges, and payment rails, offering strong liquidity and reliable settlement. For users focused on regulatory alignment or needing MiCA compliance in the EEA, USDC often represents the go-to stablecoin option because of its consistent audit schedule and clearly defined reserve custody structure.

[![usdc swap](https://blog.exolix.com/uploads/Frame_1991431864_12_753eba157a.png)](https://exolix.com/currencies/usdc){:target="_blank" rel="dofollow"}

### 3\. PayPal USD (PYUSD)

[PayPal USD](https://exolix.com/currencies/pyusd){:target="_blank" rel="dofollow"} is a fiat-backed stablecoin issued in partnership with a regulated trust institution. It is designed to offer seamless interoperability between the traditional financial system and blockchain-based transactions, enabling customers to move value within the ecosystem of PayPal and across the supported chains. PYUSD was built with compliance and transparency in mind, regularly publishing reserve attestations and taking part in regular standardized oversight.

It's gaining wider traction partly because it has a wide user base around the world on PayPal and has integrated merchant payments. Once extended to Web3 wallets and exchange sites, its function in cross-border commerce and retail-scale blockchain use will be significantly elevated.

[![PYUSD-swap.png](https://blog.exolix.com/uploads/PYUSD_swap_fd541b006b.png)](https://exolix.com/currencies/pyusd){:target="_blank" rel="dofollow"}

### 4\. TrueUSD (TUSD)

[TrueUSD](https://exolix.com/currencies/tusd){:target="_blank" rel="dofollow"} is a fiat-backed stablecoin designed to maintain a 1:1 peg with the U.S. dollar through the maintenance of reserves within multiple regulated financial institutions. One of the distinguishing features of TUSD is its use of real-time or frequent third-party attestations of its reserve holdings. This transparency feature lets users independently verify that each token is backed with a similar value in dollars and has thus gained wide adoption in trading and DeFi environments.

TUSD keeps liquidity open in major exchanges and is widely used in both spot and derivatives markets. Even though it may not have the same global volume as USDT or USDC, the focus on the reserve visibility of TUSD has turned the stablecoin into a recognized presence within the users' popular list of stablecoins 2025 when prioritizing clarity regarding collateral.

[![TUSD-swap.png](https://blog.exolix.com/uploads/TUSD_swap_2b32e56d07.png)](https://exolix.com/currencies/tusd){:target="_blank" rel="dofollow"}

### 5\. DAI (DAI)

[Dai](https://exolix.com/currencies/dai){:target="_blank" rel="dofollow"} is a crypto-collateralized stablecoin that is managed through the MakerDAO protocol. In contrast to being directly backed by fiat reserves, DAI is generated when users lock collateral-such as ETH, wrapped assets, and tokenized stablecoins-into Maker smart contracts. The system utilizes decentralized governance for stability, with changes in collateralization ratio or interest parameters when needed.

At the core of DeFi, DAI is a decentralized alternative to fiat-backed stablecoins. Stability depends on collateral quality and governance decisions; strengths are furthered by transparency and decentralization, while market volatility of collateral is the single most important risk factor.

[![swap dai](https://blog.exolix.com/uploads/Frame_1991431864_14_ee47ebb578.png)](https://exolix.com/currencies/dai){:target="_blank" rel="dofollow"}

### 6\. Ripple USD (RLUSD)

[RLUSD](https://exolix.com/currencies/rlusd){:target="_blank" rel="dofollow"} is a stablecoin issued in the Ripple ecosystem, pegged 1:1 against reserves in U.S. dollars. It is aimed at enterprise-grade payments, remittances, and institutional liquidity flows across networks connected with Ripple infrastructure. RLUSD is aligned with a goal set by Ripple for itself-to offer fast, low-cost settlement solutions that can work in tandem with existing banking and payment systems.

Interoperability with [Ripple's](https://exolix.com/currencies/xrp) cross-border payment rails and the compliance-centric architecture are its key value propositions. RLUSD remains under development for broader liquidity across exchanges and DeFi platforms, while the path to mainstream adoption is closely aligned with Ripple's current partnerships in building its financial networks. To users for whom stablecoin integrations in enterprise and banking contexts are paramount, RLUSD represents an up-and-coming asset in the popular stablecoins list.

[![RLUSD-SWAP.png](https://blog.exolix.com/uploads/RLUSD_SWAP_f21a82017e.png)](https://exolix.com/currencies/rlusd){:target="_blank" rel="dofollow"}

### 7\. sUSD (sUSD)

[sUSD](https://exolix.com/currencies/susd){:target="_blank" rel="dofollow"} is a synthetic stablecoin issued via the Synthetix protocol. Unlike fiat-backed stablecoins, sUSD is collateralized by SNX-the native token of the protocol-and at times other assets, depending on the collateral configuration. This is attained through over-collateralization and market incentives while its peg is driven by the dynamics of protocol debt and collateral.

sUSD mostly sees action within DeFi environments: synthetic asset trading, derivatives markets, and liquidity pools. Its effectiveness depends on collateral health and the adjustments of Synthetix governance. sUSD is better suited for advanced users of DeFi, understanding the intricacies of the collateralized debt system rather than being an easy, straightforward stablecoin for new users.

[![susd-swap.png](https://blog.exolix.com/uploads/susd_swap_8626e25a93.png)](https://exolix.com/currencies/susd){:target="_blank" rel="dofollow"}

### 8\. Ampleforth (AMPL)

[Ampleforth](https://exolix.com/currencies/ampl){:target="_blank" rel="dofollow"} is not a traditional stablecoin, but rather an algorithmically governed, elastic-supply asset that makes use of supply expansions and contractions to maintain price equilibrium relative to a target index. Rather than holding collateral or reserves, AMPL adjusts token supply across user wallets to drive market price. When demand rises, supply expands; when falling, supply contracts.

While its goal is price stability over the long run, AMPL shows up in some crypto stablecoin lists because of a mechanism that brings about short-term volatility in practice. Applications concerning experimental monetary models, algorithmic liquidity programs, and research-driven DeFi environments would be the main uses of AMPL. It is not generally picked for basic stable-value storage.

[![AMPL-swap.png](https://blog.exolix.com/uploads/AMPL_swap_7787eeb5ae.png)](https://exolix.com/currencies/ampl){:target="_blank" rel="dofollow"}

### 9\. Frax (FRAX)

Frax is a hybrid stablecoin that employs both collateral and algorithmic supply adjustments to maintain the peg, but an increasing focus has been placed on collateral backing and liquidity depth to back its long-term stability. FRAX is integrated into a number of DeFi platforms and used for lending, stable pools, and on-chain liquidity routing.

The Frax ecosystem further consists of liquidity networks and on-chain monetary policy tools. FRAX is attractive to those looking for a decentralized alternative that features active development, although its evolving stability models remain difficult to understand without some background knowledge of hybrid collateral frameworks.

### 10\. Pax Gold (PAXG)

[Pax Gold](https://exolix.com/currencies/paxg){:target="_blank" rel="dofollow"} is a commodity-backed token representative of the ownership of physical gold stored within certified vaults. Because each PAXG token represents a fixed amount of fine gold, functionally, it's more of a tokenized precious metal than it is a dollar-pegged stablecoin. It is included in the major stablecoins list because it provides price stability relative to gold markets rather than to fiat currency.

PAXG enables gold holding and transfer on the blockchain, merging asset stability with blockchain accessibility. It can be utilized for wealth preservation, hedging strategies, or long-term value storage. The liquidity depends on the particular exchange, but PAXG is considered one of the most well-acknowledged commodity-backed digital assets.

[![PAXG-swap.png](https://blog.exolix.com/uploads/PAXG_swap_48de641e89.png)](https://exolix.com/currencies/paxg){:target="_blank" rel="dofollow"}

Comparison Factors
------------------

By no means would any list of stablecoins 2025 sorted by market capitalization allow one to judge by size alone. Different stablecoin projects apply different approaches to stabilization, collateral, and governance. The right choice depends on the intended use: trading, saving, payments, or DeFi participation.

Key factors include: 

-   Collateral Type: Custodial reserves back the fiat-backed assets: USDT, USDC, PYUSD, and TUSD. Crypto-collateralized assets like DAI and sUSD rely on over-collateralization and decentralized governance. Commodity-backed assets, such as PAXG, track the value of physical resources. Algorithmic or hybrid designs use supply adjustments or incentives.

-   Transparency and Audits: Those that provide more frequent reserve attestations coupled with clear custody arrangements are generally perceived to have stronger confidence and lower redemption risk. 

-   Regulatory Alignment: In jurisdictions under MiCA or similar regimes, these types of stablecoins would fall under restrictions. Most regulated market users would prefer to focus on assets with compliant reporting and oversight.

-   Liquidity and Exchange Integration: With deep liquidity pools and broad presence across major trading venues, this class of stablecoin can enable fast and efficient asset conversion. 

-   DeFi Adoption: These stablecoins deeply integrated into lending platforms, liquidity pools, and derivatives markets extend their functionality beyond mere price stability. Each of these dimensions allows one to determine which of the stablecoins are appropriate for transactional uses, yield strategies, cross-chain transfers, or for long-term storage of value. Positioning

Stablecoins in Your Crypto Strategy 
------------------------------------

Stablecoins represent the most approachable bridge between traditional finance and blockchain-based ecosystems because they provide a unit of account that is stable, thereby enabling trading, saving, lending, borrowing, and transferring value with no exposure to volatility. The top list of stablecoins reflects assets with the deepest liquidity, broadest exchange support, and clearest transparency frameworks but each differs in underlying mechanics and risk considerations.

In contrast to USDT, USDC, PYUSD, and TUSD fiat-backed stablecoins, which are highly reliant on custodial reserves and regulatory reporting, decentralized versions such as DAI and sUSD make use of crypto collateral and governance processes. The hybrid or algorithmic models, like FRAX and AMPL, experiment with on-chain monetary mechanisms. PAXG expands on the concept of stability by indexing value to physical gold rather than to fiat currencies. 

Effective integration of stablecoins requires a premeditated choice-purpose alignment: traders are focused on liquidity and presence on exchanges, DeFi users care about collateral trust and smart-contract security, and last but not least, cross-border settlement efficiency for global payment users. Thus, choosing stablecoins that have clearly documented reserves, reliably available redemption paths, and broad ecosystem support creates stability, flexibility, and strategic optionality in various market conditions.

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List of stablecoins by market cap reflect the most actively used assets on centralized exchanges, via payment systems, and in DeFi protocols

Top Stablecoins List by Market Cap

List of stablecoins by market cap reflect the most actively used assets on centralized exchanges, via payment systems, and in DeFi protocols.

Crypto mining refers to the process of securing a blockchain network and the validation of its transactions with computational power. In general, miners are incentivized to contribute their hardware resources in exchange for block rewards that can be given out in the form of freshly minted coins, along with transaction fees. The best crypto to mine will be assets boasting stable demand, efficient mining algorithms, and manageable operational costs.

The November 2025 mining landscape will be determined by hardware availability, the price of electricity, adjustment in network difficulty, and which of the mineable crypto assets remain relevant after major transitions have taken place in the market. Some cryptocurrencies are optimized to mine with GPUs, others with ASICs, and a few deliberately resistant to specialized hardware. It's important to understand which coins can be mined effectively to work out whether the process can be profitable over time.

What is Crypto Mining?
----------------------

Crypto mining is the process that validates new transactions and adds them to a blockchain network. Miners use computing hardware to solve cryptographic problems defined by the consensus algorithm of the network, for any block that they successfully validate, ideally through block rewards, and perhaps also transaction fees in some networks, they are rewarded. Such a reward system is generally intended to disburse newly issued coins into circulation while ensuring that there is at least some cost to rewriting the ledger, hence keeping the network secure.

Different cryptocurrencies use different mining algorithms. Some of them, like Bitcoin, rely on SHA-256 and are mined almost exclusively with ASIC hardware due to the high level of competition and high computational difficulty. At the same time, other networks, like Monero or Ravencoin, use more GPU- or CPU-optimized algorithms, thus giving more chances to small miners.

Mining profitability depends on a few key factors:

-   Network difficulty: competitiveness of the mining environment. 

-   Hashrate: The hashrate efficiency can be thought of as the computational power your hardware can perform per unit of energy input.

-   Energy concerns: Electricity costs are probably the most important operational cost that defines if mining can remain profitable or not. 

-   Block reward and emission schedule: amount paid by the network to miners and the way rewards change over time.

Here, miners can find the most profitable crypto to mine, taking into consideration items such as hardware, electricity pricing, and tolerance for price volatility.

Top Cryptocurrencies to Mine in November 2025
---------------------------------------------

The best coins to mine in November 2025 are those whose mining algorithms are available and whose networks are in active use, with reasonable competition for block rewards. Some networks are optimized for GPU mining, while others take full advantage of ASIC hardware, a few still allow CPU mining to act as an entry point. Of course, a choice depends on available hardware, electricity costs, and a willingness to manage operational complexity. Below is a look at leading mineable crypto assets, currently considered practical for individual and mid-scale miners.

### Monero (XMR)

[Monero](https://exolix.com/currencies/xmr){:target="_blank" rel="dofollow"} is generally perceived as the easiest coin for any person to mine, due to the deliberately optimized RandomX algorithm for CPU mining. As such, it is within reach for every personal computer owner to perform without specialized ASICs or high-end GPUs. Core demand for Monero comes from features like privacy and consistently high transaction volumes. Mining also stays highly decentralized since there is limited advantage coming from specialized hardware. Mining profitability is mostly dependent on electricity efficiency and CPU performance, it is thus more viable and stable for home and small-scale miners rather than those speculating on it for spikes.

[![swap xmr](https://blog.exolix.com/uploads/Frame_1991431860_31ac5913f0.png)](https://exolix.com/currencies/xmr){:target="_blank" rel="dofollow"}

### Litecoin (LTC)

[Litecoin](https://exolix.com/currencies/ltc){:target="_blank" rel="dofollow"} uses the Scrypt mining algorithm, which is compatible with ASIC hardware. If a miner is currently operating SHA-256 or Scrypt-compatible machines, this is one of the best coins to mine based on consistent network liquidity and a long-term market position. The common practice is that miners mine Litecoin along with Dogecoin through a merged mining process whereby one pool of hash power can mine both chains and be rewarded on both. Important variables determining the outcome of LTC mining include ASIC efficiency, network difficulty, and electricity pricing. Compared to many of the newer mineable crypto assets, Litecoin is more predictable because of the strong infrastructure and stable demand.

[![ltc-swap.png](https://blog.exolix.com/uploads/ltc_swap_b7137960ed.png)](https://exolix.com/currencies/ltc){:target="_blank" rel="dofollow"}

### Zcash (ZEC)

[Zcash](https://exolix.com/currencies/zec){:target="_blank" rel="dofollow"}, as the name would suggest, is all about privacy, while the Equihash algorithm has allowed GPU-friendly mining to account for the fact that modern ASICs dominate competitive mining environments until very recently. That being said, Zcash appeals to operations seeking exposure to assets focused on privacy with identifiable use cases. In a nutshell, what this means for mining ZEC is a need to pay attention to hardware efficiency and ongoing adjustments in difficulty. Naturally, profitability will be determined by both stable electricity costs and consistent participation in the network's block rewards.

[![zec-swap.png](https://blog.exolix.com/uploads/zec_swap_a275fbb453.png)](https://exolix.com/currencies/zec){:target="_blank" rel="dofollow"}

### Dogecoin (DOGE)

Mining of [Dogecoin](https://exolix.com/currencies/doge){:target="_blank" rel="dofollow"} is done via merged mining together with Litecoin using the Scrypt algorithm. That means miners can collect DOGE alongside LTC without any extra investment in energy. Dogecoin is among the most famous mineable crypto assets because of its liquidity and active community. DOGE mining is viable only with ASIC hardware, it is actually rather a demanding cryptocurrency for beginners to mine. Moreover, given the reward structure and inflationary issuance, great attention should be paid to efficiency and cost management.

[![DOGE-swap.png](https://blog.exolix.com/uploads/DOGE_swap_d030cf623f.png)](https://exolix.com/currencies/doge){:target="_blank" rel="dofollow"}

### DASH (DASH)

[Dash](https://exolix.com/currencies/dash){:target="_blank" rel="dofollow"} utilizes the X11 algorithm and is largely mined using ASICs. The Dash blockchain utilizes a masternode system whereby block rewards are given to network nodes, meaning miners receive less in the way of direct rewards relative to other networks. That said, Dash still sees regular transaction usage in certain markets where it remains active as more of a payment-focused network. DASH mining is one of the best coins to mine for miners who have consistent access to stable power supplies and dedicated ASIC equipment optimized for the X11 algorithm.

[![DASH-swap.png](https://blog.exolix.com/uploads/DASH_swap_6a648b3695.png)](https://exolix.com/currencies/dash){:target="_blank" rel="dofollow"}

### Grin (GRIN)

Grin implemented the ASIC-resistant algorithm of Cuckoo Cycle, hence friendly for GPU miners. Grin is focused on privacy and lightweight blockchain design. Mining GRIN will be attractive for those miners who like open GPU-based ecosystems compared to ASIC-driven competition. The profitability of mining will depend a lot on the demand of the network and its liquidity since GRIN has a steady schedule of emission. Value for mining GRIN is in simplicity and accessibility for medium-sized mining setups.

### Ravencoin (RVN)

[RVN](https://exolix.com/currencies/rvn){:target="_blank" rel="dofollow"} is optimized for consumer-grade GPUs using the KAWPOW algorithm, Ravencoin is considered one of the more promising crypto assets to be mined with a GPU. It has a clearly defined use case on the network for the creation and transfer of tokenized assets. RVN can still be mined directly by individual miners, and most prefer GPU rigs over traditional ASIC mining hardware. Results depend on the GPU efficiency, rig configuration, and electricity costs.

[![how to mine rvn](https://blog.exolix.com/uploads/Frame_1991431863_3_37950394f3.png)](https://exolix.com/currencies/rvn){:target="_blank" rel="dofollow"}

### Ethereum Classic (ETC)

[Ethereum Classic](https://exolix.com/currencies/etc){:target="_blank" rel="dofollow"} works on the Etchash algorithm and has remained GPU-mineable. ETC is considered by many miners who used to mine Ethereum before its transition to Proof-of-Stake. ETC still sees active usage in smart contract deployment and is among the most liquid mineable crypto assets.

Mining profitability depends on GPU hash efficiency and network difficulty, ETC is usually chosen for mining operations with optimized GPU hardware that are not able to transition to ASIC mining.

[![ETC-swap.png](https://blog.exolix.com/uploads/ETC_swap_7d26ff0525.png)](https://exolix.com/currencies/etc){:target="_blank" rel="dofollow"}

Comparison considerations
-------------------------

The best crypto to mine doesn't come in ranking terms but rather in terms of the conditions of operation. Profitability differs between assets and may change over time due to adjustments in network difficulty, hardware efficiency, electricity pricing, and token market value.

Following are some of the key factors defining whether mining can remain profitable:

-   Hardware Compatibility: Some are more GPU-friendly, like Ravencoin, Grin, and Ethereum Classic, others include Litecoin, Dogecoin, and Dash, which require ASICs. Monero counts among the few crypto assets which are still CPU-mineable.

-   Electricity Costs: It pays more to mine when the energy costs are low. On paper, a coin that looks to be the most profitable crypto to mine turns out to be unprofitable in an area where there is high pricing of electricity.

-   Difficulty and Hashrate Trends: The greater the number of miners joining a network, the more difficult it is to earn block rewards. Observing the change in difficulty will help one to know when to switch coins.

-   Market liquidity/demand: Rewards that have to pass through a phase of conversion do not suffer from slippage in high liquidity assets, but the value of such assets that are used in active use cases within a particular ecosystem remains stable.

-   Emission Schedule: Long-term mining economics are defined by block reward halving, fixed inflation, or perpetual emissions. Generally speaking, sustainable mining seems to favor those networks that have predictable issuance.

Mining is best thought of - in the most general sense - as part of a larger operational strategy rather than as any sort of short-term speculative opportunity.

How to Choose the Right Coin for Mining
---------------------------------------

The best crypto to mine is about matching hardware capability and energy cost with prevailing market conditions. In this regard, the coin to be mined need not have the highest theoretical yield but may aim to create positive operational margins. Thus, efficiency and sustainability become key points for consideration rather than brief short-term reward fluctuations within an evaluation framework.

### Key selection criteria are:

-   Hardware type and efficiency: GPU mining rigs work great with KAWPOW (RVN), Etchash (ETC), while ASIC devices are more relevant for Scrypt (LTC, DOGE) and X11 (DASH). In the case of RandomX (XMR), CPU mining makes most sense.

-   The structure of the cost of electricity: in real life, the most profitable crypto to mine on paper isn't actually that if the local rate of electricity is high. In general, areas where industrial or renewable power is accessible make profitability significantly higher.

-   Network difficulty trends: Regular monitoring of the hashrate and difficulty will be required to determine the exact times when competition increases or subsides. Generally speaking, smaller miners' reward probabilities benefit from lower difficulties.

-   Liquidity and stability of the token: A mineable crypto with deep liquidity enables miners to easily convert block rewards into stable assets without high slippage. It also implies that assets with established market recognition bear lower risks upon entering the market.

-   Long-term utility of the network: Indeed, projects which continuously develop and provide use cases for real transactions do tend to keep the value more stable. This means that mining will make more sense depending on assets that support active ecosystems, rather than speculative demand alone.

-   Emission and reward model: Supply schedules describe how block rewards will change over time. Predictability in the issuance of coins, as well as transparent governance, reduce uncertainty as far as mining outcomes are concerned.

Mining needs to be approached in this manner: It is a structured asset allocation wherein hardware performance, cost management, and the right choice of assets together work for maintaining operational sustainability.

Positioning Your Mining Strategy for 2026
-----------------------------------------

Mining remains viable only when hardware efficiency, electricity pricing, and the right asset choice come together. Above-listed coins are mineable crypto-currencies that have shown use cases, network participation ongoing, and have mining algorithms that are accessible across various hardware types like CPU, GPU, and ASIC.

Profitability isn't fixed and changes with network difficulty, token market performance, and operational cost structure. A sustainable mining approach underlines predictability in emission schedules, liquid markets, and continuous activity in network development. More stable outcomes come from mining being viewed as a long-term infrastructure commitment, rather than just a speculative activity in the short term.

Miners that track difficulty trends while optimizing hardware performance and adjusting allocations based on market conditions are best positioned for competitive yields in 2026.

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Most profitable crypto to mine in November 2025. Let's find out what is the best crypto to mine together on Exolix Blog

10 Best Crypto to Mine (November 2025 List)

The November 2025 mining landscape will be determined by hardware availability, the price of electricity, adjustment in network difficulty, and which of the mineable crypto assets remain relevant after 

10 Best Cryptocurrencies to Mine (November 2025 List)

The Full History of Altcoins
============================

While [Bitcoin](https://exolix.com/currencies/btc){:target="_blank" rel="dofollow"} might have started off the entire world of cryptocurrency, it certainly didn't end there. As the first digital currency to really take off, Bitcoin laid both the foundation and then spurred on thousands of others. These alternatives called altcoins set out to improve upon what Bitcoin had started: some focusing on speed, others on energy use, smart contracts, or entirely new use cases that Bitcoin wasn't designed for.

In this article, we detail the history of altcoins-from their very first experiments in the 2010s to today's vast landscapes of DeFi, NFTs, and tokens powered by artificial intelligence. It is through tracing their evolution that one realizes how continuous innovation in this space shapes the future of blockchain technology globally.

What Are Altcoins?
------------------

Basically, altcoins are all cryptocurrencies other than Bitcoin. While some have been developed from changes to the original Bitcoin code, others were built from scratch, each with completely different technologies. What differentiates them from one another is through how they experiment with quicker transactions, lower energy use, smart contracts, or even alternative methods of decision-making and transaction validation.

Altcoins fall into several categories, based on what they are designed to do:

-   Examples of payment-focused coins include [Litecoin](https://exolix.com/currencies/ltc){:target="_blank" rel="dofollow"}, [Dash](https://exolix.com/currencies/dash){:target="_blank" rel="dofollow"}, and [Bitcoin Cash](https://exolix.com/currencies/bch){:target="_blank" rel="dofollow"}. All of these try to be faster or cheaper ways of sending money.

-   Smart contract platforms such as [Ethereum](https://exolix.com/currencies/eth){:target="_blank" rel="dofollow"}, [Solana](https://exolix.com/currencies/sol){:target="_blank" rel="dofollow"}, and [Cardano](https://exolix.com/currencies/ada){:target="_blank" rel="dofollow"} enable developers to build applications or services atop their blockchains.

-   Major DeFi tokens, including [Uniswap](https://exolix.com/currencies/uni){:target="_blank" rel="dofollow"}, Aave, Curve, and many others, are traded and utilized on the decentralized finance platforms for trading, lending, and more.

The infrastructure coins or interoperability coins are those cryptocurrencies that try to connect the blockchains amongst themselves to avail better functionalities. It includes [Polkadot](https://exolix.com/currencies/dot){:target="_blank" rel="dofollow"}, [Cosmos](https://exolix.com/currencies/atom){:target="_blank" rel="dofollow"}, and [Chainlink](https://exolix.com/currencies/link){:target="_blank" rel="dofollow"}. What started as simple forks off of Bitcoin has since matured into a programmable, versatile, ever-connected digital economy.

The Beginning: 2011-2013 - The Birth of the First Altcoins
----------------------------------------------------------

Altcoins came into being not long after Bitcoin showed the world that decentralized digital money really could work. Once it had proven the concept, developers leapt in with ideas to improve upon it-like faster transactions, different mining setups, and better privacy.

That's what the first wave of altcoins looked like.

-   Litecoin: Litecoin was launched in 2011 by Charlie Lee and further increased the speed at which a transaction was processed, with a new mining methodology that made it even easier for normal people to contribute.

-   Peercoin: Such is the case with Peercoin, which emerged in 2012 with a pioneering concept of securing a network by using two different methods: Proof-of-Work and Proof-of-Stake. It thus helped lay the foundation for staking systems today.

-   Dogecoin: From an Internet meme-inspired joke in 2013, Dogecoin has grown into a cultural favorite within the crypto space. The fun and approachable vibe of Dogecoin drew in an entirely new wave of users and investors.

Early altcoins proved that blockchain tech didn't have to necessarily go one way, it could branch off in all sorts of directions. It was an idea that catalyzed innovation still seen today in the space.

The Smart Contract Revolution: 2014-2016
----------------------------------------

One of the major turning points for altcoins came in 2015 with the official release of Ethereum. Ethereum took blockchain beyond simple payments in a whitepaper by Vitalik Buterin and introduced something quite game-changing: smart contracts. These are pieces of code which automatically execute agreements once conditions are met sans intermediaries.

Smart contracts enabled developers to build complete decentralized applications atop a blockchain, such as dApps. With the ERC-20 standard of Ethereum, anyone could create his or her own token. This opened the doors to innovation.

The following are a few of the major developments from this era:

-   Ethereum (2015): Heralded into existence the concept of programmable money, which would thereafter define what blockchains could be used for.

-   Ripple (2012-2015): Took a different route by focusing on fast, low-cost international payments for banks and financial institutions.

-   NXT and BitShares: These platforms were early pioneers in decentralized exchanges and blockchain-based governance systems.

By the end of 2016, Ethereum had proved that blockchain wasn't just about digital currency, rather, it could support a whole economy on lines of code.

The ICO Boom and Expansion: 2017-2018
-------------------------------------

In 2017 and 2018, altcoins exploded in popularity-and the big reason was the rise of Initial Coin Offerings, or ICOs. Powered by Ethereum's easy-to-use token standards, startups all over the world started launching their own cryptocurrencies to raise money. All of a sudden, anyone with an idea and a whitepaper could get funding from a global audience.

The hype was huge: every day, different tokens were launched, promising everything from decentralized cloud storage to blockchain-based prediction markets. In the wake of that, Bitcoin's dominance over the crypto market fell below 40%, and altcoins surged into the spotlight.

A few of the prominent altcoins created in this era include:

-   Cardano ADA: A blockchain that adopts a scientific philosophy, developed to achieve scaling through peer-reviewed research and long-term sustainability.

-   EOS had promised to deliver blazing-fast speeds, along with the kind of performance required for large-scale decentralized applications.

-   On the other hand, TRON has focused on providing a decentralized internet to the content developers, these are mainly those operating in the provision of some forms of entertainment content.

-   Stellar offers fast, cheap, and easy cross-border money transactions, but, most especially, for the unbanked.

Sure, most of the projects in the ICO were not quite as touted. Still, this was proof of just how powerful Ethereum had become at laying the bedrock for new ideas-and how tokenization could change the game for raising capital and driving innovation.

The Rise of DeFi and Stablecoins: 2019-2021
-------------------------------------------

After the wild highs - and inevitable lows - of the 2017-2018 boom, the altcoin space started to grow up. Starting in 2019, the focus shifted from hype to real, usable technology - and that's when Decentralized Finance, or DeFi, really started to take off.

DeFi gives one the opportunity to do all those things one would normally need a bank for, like borrowing, lending, and earning interest, with no middlemen. Everything ran on smart contracts, that means users are always in control of their funds. MakerDAO, Uniswap, and Aave are some of the key players that lead this charge.

Stablecoins also became integral to the ecosystem, pegged to traditional currencies such as the US dollar. The likes of USDT, USDC, and DAI enabled trading and holding value in an extremely volatile market.

Some major milestones during this time:

-   2019: MakerDAO introduced the decentralized stablecoin DAI, which became a cornerstone in DeFi.

-   2020: what has since been referred to as "DeFi Summer"-saw an explosion in both yield farming and liquidity mining, essentially new ways to earn passive income in crypto.

-   2021 saw Solana, Avalanche, and Polygon finally reach a point of serious traction as faster, cheaper alternatives to Ethereum.

This has been the period that finally proved crypto was not for speculation, but indeed could deliver real viable financial tools with which to compete with traditional banks and institutions.

NFTs, Metaverse, and Layer-1 Expansion: 2021-2023
-------------------------------------------------

The innovation of altcoin didn't stop at reinventing finances, but by 2021 it had exploded into culture, entertainment, and virtual worlds.

Furthermore, some metaverse projects, such as Decentraland and The Sandbox, introduced the concept of owning virtual land, in-game items, and even digital identities. These worlds combined aspects of gaming, social interaction, and economics, all on the blockchain.

Meanwhile, Layer-1 blockchains were on the rise: Solana, Avalanche, and Algorand promised faster speeds and lower fees than Ethereum. New applications and entire ecosystems made their home on the platform, trying to solve Ethereum's congestion and cost problems.

### Key trends of the era included:

-   2021-NFT EXPLOSION: Millions of NFTs were created, traded, and collected-from artworks to avatars.

-   Metaverse Growth in 2022: As a combination virtual world with blockchain technology, it brought a new way of socializing, gaming, and earning online.

-   Cross-chain bridges have made interaction between blockchains easier with platforms such as Polygon, Cosmos, and Polkadot that assist users in transferring their assets across different networks.

This era has proved that altcoins are not all about money, rather, they are the medium for creativity, ownership, and digital expression across borders.

### The New Era of Utility and Regulation: 2024-2025

By the time 2025 rolled around, the altcoins  history was almost unrecognizable from its early days of chaos: it had grown up. Regulations began to take shape, and big players - governments and global banks alike - actually started taking blockchain seriously. Now, digital assets weren't only for tech-savvy enthusiasts but were very much woven into such industries as logistics, finance, and identity verification, with points earned for use in gaming.

Altcoins had evolved into specialized sectors, each playing a different role in this new digital economy:

-   Privacy & Security: Monero and Zcash were created with a focus on anonymity and transaction security.

-   DeFi & Yield: Aave, Curve, and MakerDAO remained among the leaders of the decentralized finance ecosystem projects.

-   AI & Data: This category includes projects that looked into blockchain and AI, including Fetch.ai and Bittensor.

-   Cross-chain tools like Wanchain, Cosmos, and Polkadot made interoperability between different blockchains possible, a key step in the direction of full interoperability.

It was the stage where hype gave way to practicality-from "what could be" to "what works now." Real-world use, regulatory compliance, and technical reliability were growing in importance.

With institutions joining in, altcoins stopped being mere alternatives to Bitcoin, they became essential parts of the infrastructure composing the next generation of the internet-the backbone of Web3.

Timeline of Major Altcoin Eras
------------------------------

| Era                       | Years     | Key Milestones                                                     |
| ------------------------- | --------- | ------------------------------------------------------------------ |
| Early Experiments         | 2011-2013 | Litecoin, Namecoin, Peercoin introduce first blockchain variations |
| Smart Contract Era        | 2014-2016 | Ethereum revolutionizes blockchain with programmable contracts     |
| ICO Expansion             | 2017-2018 | Thousands of new tokens launch, massive market growth              |
| DeFi & Stablecoins        | 2019-2021 | DeFi protocols and stable assets transform blockchain finance      |
| NFT & Metaverse Boom      | 2021-2023 | Digital art, gaming, and virtual economies thrive                  |
| Institutional Integration | 2024-2025 | Regulatory clarity and enterprise blockchain adoption              |

Each of these phases didn't just build on the last - they helped redefine what blockchain could be. From currency to code, from art to AI, altcoins  history have continuously pushed the boundaries of digital innovation.

### The Role of Altcoins in Today's Market

By 2025, altcoins have taken a huge piece of the crypto market-more than 60% of the total value, in fact. While Ethereum still leads, it's by no means the only player in town. That ecosystem has grown incredibly diverse, with different projects specializing in various strengths. Solana and Avalanche are built for speed: processing transactions in seconds with low fees. By decentralized finance, BNB Chain tops the most used and is in leading positions. 

Cosmos and Polkadot are all about making blockchains work together, enabling bridges between what were previously siloed networks. Arbitrum and Optimism help Ethereum scale by handling transactions off-chain and sending the results back-a smart Layer-2 solution to Ethereum's traffic problem. 

This variety just shows how flexible blockchain technology really is. Each altcoin offers something a bit different: a way to experiment with new forms of network governance, new ways of securing transactions, and economies besides simple trading. Together, they're helping push crypto from niche tech into something ready for real-world impact.

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The history of altcoins-from their very first experiments in the 2010s to today's vast landscapes of DeFi, NFTs, and tokens powered by artificial intelligence

The Full History of Altcoins

This is a remarkable year for Exolix - its seventh. From the introduction of a cryptocurrency exchange in 2018 to being among the highest-rated multi-chain swap aggregators in the industry, Exolix has continued to shake up the experience of handling digital assets.

The company has had a specially notable past year. Exolix recorded record growth in international partnerships, increased its visibility at top-tier blockchain conferences, and rolled out major platform updates that enhanced performance, usability, and user experience. The company's technology now supports swaps on 4 million trading pairs and more than 200 blockchains, making it one of the industry's most diversified infrastructures.

In 2024-2025, Exolix became an established partner for top crypto ecosystems, initiating integrations with top wallets and aggregators, such as Bitcoin.com, D'CENT, Monerujo, Rubic, and more. The platform team also featured Exolix at major events like Paris Blockchain Week, BTC Prague, TOKEN2049 Singapore, and the European Blockchain Convention, building more connections with developers, organizations, and innovators globally.

Achievements and Innovations
----------------------------

On the product front, Exolix introduced new features such as an upgraded Telegram bot, swap routing optimization, and the soon-to-be-redesigned website featuring a completely revamped partner dashboard and affiliate program. Exolix remains completely non-custodial, private, and KYC-free today, still committed to offering easy crypto swaps for everyone. In its ever-abiding pursuit of innovation and transparency, the platform serves as a benchmark of trust in the decentralized economy.

### Updated Telegram Bot: Fast, Profitable, and Social

One of the most exciting updates this year was the release of the new Exolix Telegram bot, designed to render cryptocurrency exchanges more instant and interactive than ever. This highly-efficient bot combines convenience, entertainment, and communication, turning the exchange into an enjoyable process.

### Expanding Asset Coverage

Over the past year, Exolix has further established itself as a leader in token coverage with more than 4 million pairs on more than 200 blockchains. The platform has grown with new and exotic assets, including coins not yet listed on other exchanges. Exolix now provides improved liquidity, faster execution, and lower fees through improved route optimization so that users can stay ahead of their game in an evolving marketplace.

### Strategic Partnerships and Collaborations

One of Exolix's greatest strengths over the past seven years and especially the last one has been developing its network of partner wallets, aggregators, and blockchain infrastructure providers. Through this partnership, Exolix has been able to move beyond a simple exchange service and become integrated into the worldwide crypto ecosystem. Over 130 partners now utilize Exolix technology to provide instant, non-custodial swaps to millions of users worldwide.

![Developing-the-Ecosystem.png](https://blog.exolix.com/uploads/bloganons_2025_11_05_T225257_035_38b0e46d5c.png)

### Developing the Ecosystem with Wallet Integrations

Exolix cements its position as a trusted backend wallet solution worldwide. Some of the recent integrations include:

-   [D'CENT Wallet](https://www.dcentwallet.com/){:target="_blank" rel="dofollow"}, the first biometric hardware wallet that allows users to securely perform in-app cross-chain swaps.

-   [Monerujo](https://www.monerujo.app/){:target="_blank" rel="dofollow"}, the most widely used Android wallet for Monero (XMR), now has Exolix-enabled swaps with zero confirmation up to 0.3 XMR and low minimums from $5.

-   [Ellipal](https://www.ellipal.com/){:target="_blank" rel="dofollow"}, where Exolix provides seamless swaps directly from cold storage, along with the launch of co-branded X Card cold wallets.

-   [Klever Wallet](https://klever.io/){:target="_blank" rel="dofollow"}, which integrates Exolix's swap service for fast and private swapping of multiple cryptocurrencies in a single interface.

-   [FoxWallet](https://foxwallet.com/){:target="_blank" rel="dofollow"}, where customers can access Exolix through a dApp section and make swaps in-app instantly.

![partners-exolix.png](https://blog.exolix.com/uploads/partners_exolix_27b9807388.png)

### Integration with Bitcoin.com Wallet

One of the most significant partnerships is the integration with Bitcoin.com Wallet, a prominent worldwide cryptocurrency platform with over 20 million users.

### This integration provides:

-   Instant, private, and non-custodial exchange via Exolix.

-   Secure, easy multi-asset trading directly in the wallet.

-   A user-friendly interface to manage digital assets with complete private key control.

These integrations demonstrate the ease with which Exolix's non-custodial, KYC-free infrastructure can be incorporated into any ecosystem, empowering millions of users with the ability of private trading without sacrificing control. 

### Cross-chain Innovation and Collaboration in DeFi

-   Integration with Rubic Best Rate Finder combines Exolix's deep liquidity with Rubic's aggregation algorithms to provide the most cost-effective exchange routes across over 20 chains.

-   Through its integration with Tatum, Exolix also provides developers with high-performance blockchain infrastructure on over 130 networks, ensuring performance and smooth flow of complex integrations.

-   Integrations with CoinoSwap and FeenixBot have also exposed Exolix to DeFi users, providing fast swaps from anywhere, for example, Telegram bots and browser-based aggregators.

### Cross-chain Possibilities for Gaming

Together with HandCash, Exolix has entered the gaming world, enabling gamers to move assets between games in real time using Exolix's private, fast, and KYC-free network.

### Building the Future of Interoperability

Each partnership solidifies Exolix's role as a foundation for diverse activity across the crypto space. Exolix brings together numerous participants of the crypto world, ranging from wallets to aggregators, developers to gamers, to realize a simple yet immensely worthwhile idea: private, cross-chain trading of digital assets without restrictions.

Community, Events, and Global Presence![Community-Events.png](https://blog.exolix.com/uploads/bloganons_2025_11_05_T225246_285_9317e6c062.png)
--------------------------------------

Besides technology and partnerships, for the last year Exolix built a vibrant community and strong global footprint through direct engagement with users, partners, and industry thought leaders at some of the most important blockchain events globally.

### Expansion through Global Conferences

Exolix team visited key global events in Europe and Asia, solidifying industry connections and opening new opportunities for collaboration.

### Paris Blockchain Week 2025

At one of Europe's highest-caliber crypto meetups, Exolix met innovators from all over the world at the Carrousel du Louvre. Discussions with developers, DeFi projects, and exchange partners focused on establishing liquidity connections and B2B integration, further establishing Exolix as a cross-chain liquidity leader.

### BTC Prague and MoneroKon

In June, the team traveled to Prague for BTC Prague and MoneroKon, two flagship events dedicated to decentralization and cryptocurrency privacy.

### EthCC, Cannes 2025

Exolix showcased its multichain capabilities at the Ethereum Community Conference (EthCC) and discussed how to bring compatibility to developers on Ethereum, Arbitrum, and other EVM-compatible blockchains.

### TOKEN2049 Singapore

Exolix sponsored TOKEN2049 Singapore, one of the top blockchain conferences in the world. The team connected with partners, investors, and users at booth MB4 (4th floor).

### European Blockchain Convention

At the event, company representatives held a round of meetings with potential partners for expanding access to simple and instant swaps for even greater numbers of crypto investors. 

### Building a Cohesive Community

Exolix's active presence on Telegram, X (Twitter), Discord, and CoinMarketCap continues to grow day by day. The brand's communications philosophy is always the same: transparency, effectiveness, and interactivity. With giveaways, AMAs, interactive quests, and partner campaigns, Exolix is ​​making its anniversary celebrations into full-fledged events for the entire community.

Better User Interface and Redesign

A major overhaul of the website is planned: new interface, better navigation, and responsive design from end to end. The revamp will not just boost performance but introduce new benefits for users, from easier tracking of exchanges to more flexible revenue share for B2B partners.

-   Continued focus on speed and security

-   Average time to process an exchange: less than 5 minutes.

-   Funds are protected by default: Exolix is completely non-custodial and KYC-free, offering complete user control.

-   Unlimited liquidity: Through aggregated routes across numerous DEX and CEX sources, Exolix guarantees deep liquidity and best-rate execution for every transaction.

These innovations render Exolix one of the most secure and efficient swap aggregators on the market, committed to improving the user experience without sacrificing the principles of privacy and decentralization.

What's Next for Exolix?
-----------------------

After seven years of prosperity, Exolix is ​​entering a new stage of expansion and technological development. The evolution of the platform from a privacy-focused exchange to a multi-chain swap aggregator for general purposes has only strengthened its determination: creating the fastest, most private, and accessible cross-chain swap experience.

### Next-Generation Redesign

The next-generation Exolix redesign will feature a new interface with a focus on speed, simplicity, and versatility. The new version will include:

-   Smarter navigation, with more intuitive swaps and progress tracking.

-   Dynamic liquidity visualization, displaying the best combined routes in real time.

-   Customizable dashboards with one-click access to favorite coins, swap history, and referral analytics.

### Growing Coin Coverage and Liquidity Channels

Exolix will continue to integrate new and exotic assets, including tokens not available on competing platforms, while optimizing exchange paths between decentralized and centralized exchanges (DEX and CEX).

### Telegram Bot 2.0: Its Own Mini-Ecosystem

The Exolix Telegram Bot will be more than mere exchanges soon. The future development phase entails:

-   In-game achievements and rewards in the form of NFTs.

-   DeFi tools incorporated for yield tracking and staking.

-   Partner integrations for in-app tasks and promotions.

-   Scaling B2B Partnerships and API Solutions

Over 130 partners, including leading wallets and aggregators, currently utilize the Exolix API. In 2025-2026, the company will further build and set up its revenue-share models and offer white-label exchange modules with full customization options for businesses.

To facilitate this growth, Exolix is also releasing a redesigned website with a new partner dashboard and refreshed affiliate program. The new platform will simplify partners' experience of handling integrations, tracking performance, and leveraging advanced analysis tools, cementing Exolix as a trustworthy crypto infrastructure provider.

This will enable partners to possess adaptive tools for direct integration of Exolix technologies into their ecosystems without sacrificing brand identity. Each innovation is based on Exolix's core principles - privacy, simplicity, and complete user control - ensuring the platform's industry leadership.

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This is a remarkable year for Exolix - its seventh. From the introduction of a cryptocurrency exchange in 2018 to being among the highest-rated multi-chain swap aggregators in the industry, Exolix has continued to shake up the experience of handling digital assets.

Exolix Celebrates Anniversary: Seven Years of Seamless Swaps and Global Growth

[Cake Wallet](https://cakewallet.com/){:target="_blank" rel="dofollow"}, a leading non-custodial wallet focusing on decentralization and anonymity, has introduced a new feature that allows direct trading of xStocks in the app. With its collaboration with Exolix, a leading multi-chain swap aggregator, users of Cake Wallet now have access to tokenized representations of international stocks and ETFs such as Tesla, Amazon, Google, and Nvidia directly from their crypto wallet.

A New Step Toward Financial Inclusion
-------------------------------------

xStocks are a potent disruption in the intersection of traditional finance and blockchain. Each xStock is a tokenized representation of an already publicly traded stock, with users being able to diversify their holdings by tapping into familiar financial instruments through cryptocurrency. It translates to anyone, anywhere in the world, being able to participate in global markets without employing traditional brokers or middlemen.

For Cake Wallet customers globally, the integration heralds a new era of investment and access to borderless capital markets. Sellers and buyers can buy and trade units in blue-chip stocks in seconds, securely, privately, and without the usual restrictions of centralised trading platforms or verification procedures.

Real-Asset Backing
------------------

xSecurities issued through Cake Wallet are issued by Backed Assets (JE) Limited, the subsidiary of Backed Finance AG, a Jersey and Swiss-regulated financial services firm. Priced at the price of the underlying asset, each token is economically backed on a 1:1 basis by custodians such as Alpaca Securities LLC, InCore Bank AG, and Maerki Baumann & Co. AG.

This model assures that all tokenized assets are reflections of the real-world performance of the underlying equity, with transparency and stability to investors. xStock holders retain on-chain ownership with the security of regulated custodial management - a model that harmonizes blockchain's liberality with institutions' trust.

Easy and Safe Swaps by Exolix
-----------------------------

Exolix API makes the integration possible and enables users to swap over two thousand cryptocurrencies in a convenient, private, and non-custodial way. Thanks to the sophisticated routing and liquidity aggregation technology of Exolix, Cake Wallet users can buy xStocks for their Monero, Bitcoin, or Ethereum in a few clicks. The move also resonates with Cake Wallet's increased focus on privacy, backed by key privacy technologies such as XMR, Bitcoin Silent Payments, Litecoin MWEB, and native Tor, securing safer usage of the top cryptocurrencies.

Exolix aggregates liquidity from multiple sources on decentralized and central exchanges (DEX and CEX) in a way that there's instant rate optimization and safe swaps even during the most volatile of times. This ensures private Cake Wallet users enjoy fast and easy transactions and maintain full control of their assets - no registration, no storage, and no exposure of individual information.

Expanding the Cake Wallet Ecosystem
-----------------------------------

Since its launch in 2018, Cake Wallet has come to be recognized as one of the globe's most trustworthy privacy wallets and is well-supported by the Monero community. It is supported on Android, iOS, macOS, and Linux operating systems, with native support for top cryptocurrencies BTC and ETH.

With the acquisition of Exolix, Cake Wallet cements its status as a one-stop shop in the realm of privacy-focused financial solutions.
   
**"xStocks represent Cake Wallet's ambition to democratize access to global financial markets without forcing people to make compromises on privacy or control. Now, whether you're in New York or Nigeria, you can invest in the world's biggest companies using crypto with the same privacy and self-custody our users expect."** - Vikrant Sharma, CEO of Cake Wallet

Exolix: Technology Enables Seamless Swaps
-----------------------------------------

Being a multi-chain swap aggregator operating for over seven years, Exolix has grown to become a leading provider of support for over 4 million trading pairs across over 200 blockchains. The solution is completely non-custodial and free from any KYC, with private swap routes, AML-screened liquidity, and under five-minute average execution time.

Exolix provides unmatched liquidity through aggregated routes and intelligent optimization algorithms. Revenue share configurations that can be tailored and technical assistance make it an ideal solution for wallets and DeFi projects that want to add a robust swap infrastructure.

With xStocks introduced via Exolix, Cake Wallet further establishes itself as a pioneer of privacy wallets and Exolix solidifies its position as the foundation of decentralized exchange technology to unite users, assets, and blockchains into a unified ecosystem.

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Cake Wallet Users Can Now Trade xStocks Using Exolix Integration

Trade xStocks in Cake Wallet via Exolix Integration

Trade xStocks in Cake Wallet via Exolix Integration!

Who Is Litecoin Creator Charlie Lee?
====================================

When the term "crypto pioneers" is used, Charlie Lee, the creator of [Litecoin](https://exolix.com/currencies/ltc){:target="_blank" rel="dofollow"}, is named in the company of the likes of Satoshi Nakamoto and Craig Wright of Bitcoin and Vitalik Buterin of [Ethereum](https://exolix.com/currencies/eth){:target="_blank" rel="dofollow"}. His project, which he introduced in 2011, was among the first and most widely reported altcoins and gained the status of "digital silver to Bitcoin's gold."

Knowing who created Litecoin better explains why the world of crypto split away from Bitcoin. Charlie Lee never sought to replace Bitcoin but enhance it with quicker transactions, reduced fees, and increased access.

![Charlie Lee.png](https://blog.exolix.com/uploads/Charlie_Lee_826e5197af.png)

Who Founded Litecoin?
---------------------

Charlie Lee, former Google software engineer dropout, is Litecoin's creator who created Litecoin in October of 2011. Bitcoin already demonstrated to the world the potential of decentralized digital money but also indicated some weaknesses - of speed of transactions and scalability, above all.

Lee was surprised with Bitcoin's open-source code and so desired something faster, lighter, and more efficient as a complement to it. Litecoin (LTC) emerged.

Lee altered several of Bitcoin Core's pseudocode's main features:

-   Block generation time decreased from 10 minutes to 2.5 minutes.

-   Increased max supply to 84 million LTC (four times the Bitcoin limit at 21 million).

-   Altered to Scrypt-based proof-of-work from SHA-256, which is less stressful on typical users at that time.

These changes made Litecoin a better-balanced and quicker version of Bitcoin with quicker confirmations and easier miners.

Life and Career of Charlie Lee
------------------------------

Before he became famous as the creator of Litecoin, Charlie Lee had a daunting computer science and engineering background.

### Early Life and Education

Charlie Lee is originally from Ivory Coast but soon moved to the United States at a very young age in his life. He has acquired Bachelor's and Master's degrees in Computer Science in MIT (Massachusetts Institute of Technology) - one of the best technology and innovation colleges.

### Career at Google

Lee spent nearly a decade at Google creating many of their iconic products like Chrome OS and YouTube Mobile. During his time at Google, he was exposed to scalable systems and distributed networks, which experience would pay dividends when creating Litecoin's base.

### Entering Cryptocurrency

That was in 2011 when Lee found Bitcoin and was amazed at its open architecture. He mined Bitcoin himself and learned about its open-source code. Before long, he decided that he would create his own version - not a replacement for Bitcoin, but a modification with quicker, cheaper transactions.

The Launch of Litecoin
----------------------

Charlie Lee officially launched Litecoin rightly on 13th October 2011, with an open-source release on GitHub. The moral launch of the coin - i.e., no pre-mining and no hidden incentives for the programmer - set a moral standard for transparency in early crypto.

Within weeks, Litecoin started gaining traction among miners and developers because of its adoption and performance. Litecoin went on to become one of the top altcoins and was put to extensive use as a testing bed for Bitcoin upgrade proposals like Segregated Witness (SegWit) and the Lightning Network, before being released live on the Bitcoin main chain.

### The position of Litecoin in the Crypto Community

-   The testing ground for innovation: Most of the innovations in Bitcoin were tested out in Litecoin.

-   Merchant acceptance: Litecoin was among the first altcoins to be accepted in web-based enterprises.

-   Survivability: Though it has many competitors, Litecoin is still operational and highly rated due to its simplicity and stability.

[![usdt to ltc swap](https://blog.exolix.com/uploads/usdt_to_ltc_2e548e9209.png)](https://exolix.com/pairs/usdt-to-ltc){:target="_blank" rel="dofollow"}

Charlie Lee's Time at Coinbase
------------------------------

Charlie Lee became a director of engineering at one of the world's largest international cryptocurrency exchanges, Coinbase, in 2013. His dream was to make the platform accept big cryptocurrencies and make digital assets accessible to the masses.

Lee directed his career trajectory towards technical innovation and policy debate on cryptocurrency adoption. But his dual positions - Litecoin creator and Coinbase executive - created controversies over potential conflict of interest.

This pressure finally led to one of the most contentious periods in Litecoin history - Lee dumping all his Litecoin positions.

Why Charlie Lee Sold Litecoin
-----------------------------

December 2017, right in the middle of the crypto bull run, is when Charlie Lee Litecoin creator announced that he had sold or given away all his Litecoin positions. This move was controversial among the crypto community.

Lee indicated that he did so because he was scared of having a conflict of interest between his public remarks about Litecoin and his own financial interests. His remarks or tweets did actually influence market prices since he was the founder of the project, which he did not believe was a good thing to do to the community.

His statement:

"Whenever I post Litecoin price or even some good or bad news in general, I get faulted for posting it for personal selfishness. Some even think that I short LTC! So technically, it is me conflict of interest owning LTC and sharing it because I have so much sway."

Even though he did liquidate his stake, Lee remained active in the Litecoin Foundation and has gone on to develop the project further. His move, as much as it was incendiary, demonstrated his commitment to decentralization and openness - the essence of the crypto community.

What Has Charlie Lee Done Since Selling Litecoin
------------------------------------------------

After selling Litecoin, Charlie Lee continued working as Managing Director of Litecoin Foundation, a non-profit company that works towards Litecoin development and worldwide adoption.

The foundation has been working actively on:

-   Privacy features: Work on MimbleWimble Extension Blocks (MWEB) towards greater transactional privacy.

-   Partnerships: Real-world adoption through collaborations with payment processors and merchants.

-   Network upgrades: Greater scalability, security, and interoperability among blockchains.

Charlie Lee is still a name to be mentioned in the crypto world, making regular speeches at events and giving talks on blockchain technology, regulations, and future decentralized finance.

Litecoin's Legacy and How Charlie Lee Made A Difference
-------------------------------------------------------

Aside from all the newer coins that have taken over the market, Litecoin still stands as the one - all thanks to the stability and credibility brought about by its creator.

Litecoin has been:

-   A research lab for Bitcoin improvements.

-   A linkage between central capital and decentralized capital.

-   A secure network for institutional and individual transactions.

Litecoin's emphasis on fairness, simplicity, and openness by Charlie Lee made Litecoin one of the mature blockchain networks available - resistant to the myths and technical issues that have smacked around many newer projects.

Charlie Lee's Philosophy
------------------------

Charlie Lee's approach to cryptocurrency development is pragmatic. As opposed to most business professionals, who chase what is hot at the moment, Lee cares about usability and stability in the long run.

He has often described Litecoin's position as:

"A complement to Bitcoin, not a replacement. Bitcoin for large transactions and long-term holding, Litecoin for small, daily spending."

Charlie Lee is a story of innovation, integrity, and decentralization. Litecoin creator, he not only introduced one of all-time's best altcoins to the world but also established the benchmark for good crypto leadership. A decade and more since its release, Litecoin remains a cornerstone of the digital asset universe, with reliability, speed, and fairness - values from its creator's original plan.



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Charlie Lee, former Google software engineer dropout, is Litecoin's creator who created Litecoin in October of 2011. 

Who Is Litecoin Creator Charlie Lee?

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Who Is Litecoin Creator Charlie Lee?

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