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What Is a Stablecoin?

December 19, 2017 by DIGIT
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TheMerkle StablecoinIn the world of virtual and digital money, there are quite a few interesting options to pursue. Cryptocurrencies are all the rage right now, but they may not necessarily be the end-all solution to some of the problems in the financial sector. Stablecoins – not to be confused with the Stablecoin cryptocurrency – make a lot of sense in this regard as well, mainly because their values are pegged to something else with value. This helps reduce volatility, broadens their mainstream appeal, and may offer some other interesting features down the line.   Stablecoins can Exist and Thrive In most parts of

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Categories Education, FAQ, Stablecoin, store of value, Unit of account
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  • bitcoinBitcoin(BTC)$88,157.000.07%
  • ethereumEthereum(ETH)$2,975.48-0.07%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$849.88-0.34%
  • rippleXRP(XRP)$1.90-1.02%
  • usd-coinUSDC(USDC)$1.000.03%
  • solanaSolana(SOL)$125.40-0.57%
  • tronTRON(TRX)$0.2872832.57%
  • staked-etherLido Staked Ether(STETH)$2,975.720.10%
  • dogecoinDogecoin(DOGE)$0.129949-1.35%
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  • bitcoinBitcoin(BTC)$88,157.000.07%
  • ethereumEthereum(ETH)$2,975.48-0.07%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$849.88-0.34%
  • rippleXRP(XRP)$1.90-1.02%
  • usd-coinUSDC(USDC)$1.000.03%
  • solanaSolana(SOL)$125.40-0.57%
  • tronTRON(TRX)$0.2872832.57%
  • staked-etherLido Staked Ether(STETH)$2,975.720.10%
  • dogecoinDogecoin(DOGE)$0.129949-1.35%