Stablecoins

Are they really that stable?

It’s no secret that volatility and cryptocurrency come hand in hand. But there’s one type of crypto specifically designed to offer a steady price: stablecoins. A stablecoin is a cryptocurrency whose value is pegged to the price of another asset, hence the term “stable.” For example, if functioning correctly a stablecoin pegged to the U.S. dollar should always be valued at $1.

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This article is not an investment advice