What are Stablecoins?
Cryptocurrency prices fluctuate all the time. Big rises or deep falls always attract attention, but even in “quiet” markets, the price of cryptocurrencies changes every second. Except for stablecoins: cryptocurrencies that are designed to keep their price always paired with another asset. For example, the US dollar, as in the cases of DAI, USDC and USDT.
A stablecoin is tied to a reserve asset, also known as a fiat currency. Its name comes...
