What are stablecoins?
Welcome to my blog! I’ll be talking about stablecoins today. I’m sure you’re wondering what a stablecoin is, and I’m here to tell you all about it. Stay tuned for more! What are stablecoins? Stablecoins are digital assets that are designed to minimize price volatility. Unlike other cryptocurrency assets, which can fluctuate widely in value, the are pegged to a stable asset, such as the US dollar, gold or a basket of currencies. This makes them ideal for use in payments, savings and other financial applications where price stability is important. There are several different types of stablecoins, each with…
