scorecardresearchWhat are stablecoins? Do they offer the best of both the worlds – fiat currency

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.

Stablecoins promise to assure what cryptocurrencies lack i.e. stability.