Coinsights #19: Stablecoins - the good, the bad, and the ugly
coinsights.substack.com
A stablecoin is a type of digital currency that “pegs” its value to a different, typically stable, asset. The most popular stablecoins are the ones that peg their value to fiat currencies. In fact, 2 out of the top 5 cryptocurrencies by market cap are stablecoins!
Coinsights #19: Stablecoins - the good, the bad, and the ugly
Coinsights #19: Stablecoins - the good, the…
Coinsights #19: Stablecoins - the good, the bad, and the ugly
A stablecoin is a type of digital currency that “pegs” its value to a different, typically stable, asset. The most popular stablecoins are the ones that peg their value to fiat currencies. In fact, 2 out of the top 5 cryptocurrencies by market cap are stablecoins!