What are stablecoins?
Stablecoins are cryptocurrencies whose values are tied (or ‘pegged’) to those of real-world assets, like the U.S. dollar.
They were created as a response to the price volatility experienced by traditional cryptocurrencies, like Bitcoin. E.g., Tether’s USDT coin should always equal USD 1 in value.
No more, no less.



![Summ Review [year]: Pros, Cons, & Features](/_next/image/?url=https%3A%2F%2Fmilkroad.b-cdn.net%2F14876f43ff2f45670e94da95039e4a8cdf04bfcb-1400x786.png%3Fw%3D600&w=3840&q=75)