You may be familiar with volatile cryptocurrencies like Bitcoin and Ethereum – but did you know there are some coins whose prices don’t fluctuate? These are called stablecoins, an important bridge between TradFi and the crypto world. In a market known for volatility, stablecoins provide price stability by tying their value to fiat currencies (like the US dollar), playing a crucial role in reducing risks for investors.
An Overview of Stablecoins in Crypto
An Overview of Stablecoins in Crypto
An Overview of Stablecoins in Crypto
You may be familiar with volatile cryptocurrencies like Bitcoin and Ethereum – but did you know there are some coins whose prices don’t fluctuate? These are called stablecoins, an important bridge between TradFi and the crypto world. In a market known for volatility, stablecoins provide price stability by tying their value to fiat currencies (like the US dollar), playing a crucial role in reducing risks for investors.