Stablecoins: Crypto With a Calm Price
Stablecoins are cryptocurrencies designed to keep a steady value, usually pegged to a currency like the US dollar. They’re used for trading, savings, and quick transfers without the wild swings typical of other coins. Some are backed by reserves, others rely on algorithms and incentives. Supporters like their speed and accessibility; critics worry about transparency, regulation, and what happens during a sudden “bank run.”
Stablecoins are cryptocurrencies designed to keep a steady value, usually pegged to a currency like the US dollar. They’re used for trading, savings, and quick transfers without the wild swings typical of other coins. Some are backed by reserves, others rely on algorithms and incentives. Supporters like their speed and accessibility; critics worry about transparency, regulation, and what happens during a sudden “bank run.”
Stablecoins are cryptocurrencies designed to keep a steady value, usually pegged to a currency like the US dollar. They’re used for trading, savings, and quick transfers without the wild swings typical of other coins. Some are backed by reserves, others rely on algorithms and incentives. Supporters like their speed and accessibility; critics worry about transparency, regulation, and what happens during a sudden “bank run.”
Stablecoins are cryptocurrencies designed to keep a steady value, usually pegged to a currency like the US dollar. They’re used for trading, savings, and quick transfers without the wild swings typical of other coins. Some are backed by reserves, others rely on algorithms and incentives. Supporters like their speed and accessibility; critics worry about transparency, regulation, and what happens during a sudden “bank run.”