What is a stablecoin?
A stablecoin is a cryptocurrency whose price remains stable.
It is usually pegged to a fiat currency, such as the US dollar or another government currency.
The main goal of stablecoins is to reduce the volatility of the crypto market and provide convenience for users.
🔹 Advantages of stablecoins:
• Stable value
• Fast and cheap transfers
• Convenience for trading and storing funds