
What In The Crypto World Are Stablecoins?
What is a Stablecoin? Stablecoins are a type of cryptocurrency designed to maintain a stable value by pegging their worth to another asset, such as a fiat currency (like the US dollar) or commodities (like gold). This pegging mechanism helps to reduce the price volatility commonly associated with other cryptocurrencies, making stablecoins more suitable for everyday transactions and as a





