$0.999474 USD (-0.02% 24h)
As of 2026-09-15 12:43 UTC. Source: The Crypto App market data. USD snapshot, not a live tick.
FEI uses a new kind of stablecoin mechanism called protocol controlled value (PCV). It is more capital-efficient, has a fair distribution, and is fully decentralized. The protocol uses the value it controls to maintain liquid secondary markets. Fei Labs is the team that created FEI, a highly scalable, decentralized, and reserve-backed stablecoin that can meet DeFi’s needs without relying on centralized assets for…