You need to send $200 to a friend in another country. You head to your bank, but the transfer will take three days and cost $25 in fees.
Frustrating, right?
This is where Stablecoins come in.
They’re like a digital dollar that lives on the blockchain, keeping their value steady no matter what the crypto market does.
But if Stablecoins are always worth about $1, what’s the point? Why not just use regular dollars?
In this beginner-friendly guide, we’ll break down what Stablecoins are, why they exist, and how they’re quietly powering the future of money.
I guess the answer lies in their name ‘STABLEcoins’.
A Stablecoin is a cryptocurrency made to hold a steady value, usually designed to be worth $1, like the U.S. dollar.
Unlike Bitcoin or Ethereum, which can jump or crash in price overnight,