Questions about Stablecoins

What are they?

Why were they created?

How do they work?

How do you get them?

Types of Stablecoins

  1. USDC
  2. USDT
  1. UST

What are they used for?

Where to store it?

What are Stablecoins?

Why were they created?

How do they work?

Types of Stablecoins

  1. USDC- created by Circle and Coinbase. (Less shady)
  2. USDT- created by Tether limited and Binfinex.(More shady, just google it)
  1. UST — created by Terra Labs. (Read this if you wanna how it keeps its peg)

What are they used for?

Where to store your stablecoins

This part is for Thomas; these are my opinions and Not Financial advice.

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