Explaining Stable Coins, The Holy Grail Of Crytpocurrency

Explaining Stable Coins, The Holy Grail Of Crytpocurrency
AP Photo/Rick Bowmer, File

A stable coin is a cryptocurrency pegged to another stable asset, like gold or the U.S. dollar. It's a currency that is global, but is not tied to a central bank and has low volatility. This allows for practical usage of using cryptocurrency, unlike where Bitcoin or Ethereum are now.

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