Stablecoins

Stablecoins

Among the various types of cryptocurrencies, stablecoins are designed to maintain a stable value. While prices can fluctuate in other cryptos, stablecoins usually mirror the value of traditional currencies like USD or EUR.

Think of it as digital dollars – easy to send and use on the blockchain, but stable in value.

This makes stablecoins useful for payments, trading, and reducing volatility.

Should not be considered financial advice. Crypto may involve high risk.