What’s the Point of Stablecoins?

The illusion of stability

Foto de Dušan veverkolog en Unsplash

Stablecoins are booming. Out of the top ten crypto assets, three are currencies pegged to the US dollar.

Tether, USDC, and BUSD are basically digital crypto dollars that keep their value as close as possible to $1 and this is achieved by maintaining reserve assets as collateral.



Bitcoin is a revolution and this is what scares most people off. We don't like change, we don´t like learning, we don´t like challenges but they are unavoidable. Technology is an unstoppable force that will change your life whether you want it or not. Ignore it at your own peril.

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Alberto Guerrero

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.