What are stablecoins? Do they offer the best of both the worlds – fiat currency
Updated: 13 Dec 2021, 05:05 PM IST
TL;DR.Stablecoins bridge a gap between the virtues of a fiat currency and that of cryptocurrency. They maintain a collateral to keep their prices from fluctuating to wild swings. Read further to know more about stablecoins
Stablecoins promise to assure what cryptocurrencies lack i.e. stability.