You may be familiar with the term stablecoin. But because it is a relatively new type of cryptocurrency, you may not be familiar with what it is.
So what is it? Why is there so much fuss surrounding these coins and what are the stablecoins you should know about?
Let’s dig in!
Stablecoins: What On Earth are They?
In its most simple terms, a stablecoin is a cryptocurrency that is pegged to a tangible, or stable, asset. Examples of a stable asset include gold or the US dollar. The idea of backing …
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