What is Stablecoin?
Introduction
The growth and upward trend of cryptocurrencies in recent years has been so great that we see the launch of one of them every day. The main difference between cryptocurrencies and Fiat currencies, which is common in every country, can be considered their high volatility. But, stablecoins are cryptocurrencies different from their counterparts such as Bitcoin and Ethereum, and as their names suggest, they are supposed to be fluctuating, or at least have the least amount of volatility, and, therefore, make those interested relieved. In this article, we will learn more about stablecoins and their advantages and disadvantages.
What is Stablecoin?
“Stablecoin” is a new type of cryptocurrency that tries to provide price stability. These currencies are supported by Fiat assets (dollars, euros, etc.). Stablecoins have been featured in both worlds (fiat currencies and digital currencies) in an effort to provide the best. Popular features of this type …