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.
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.
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