Why Are People Talking About Stablecoins?
Stablecoins are one of the first crypto topics beginners hear about, but the name can create a wrong impression.
“Stable” does not mean risk-free.
It means the asset is designed to track the value of another asset, often a fiat currency like the US dollar.
That is why people commonly discuss stablecoins for trading, transfers, payments and moving value between different crypto products.
The simple idea is this:
Most cryptocurrencies can move sharply in price.
Stablecoins are built to reduce that price movement by following a reference value.
But the im