Most cryptocurrencies – like Bitcoin (BTC-USD), Ethereum (ETH-USD), Solana (SOL-USD), etc. – are volatile. Their prices swing up and down daily. That can be exciting for traders… but terrible if you just want to pay for coffee or send money to a friend.
Stablecoins fix that problem. Typically backed by cash or U.S. Treasuries held in reserve by the issuing company, they are designed to equate to $1 per coin. They’re similar, stable, and reliable.
But they’re also more convenient. Because stablecoins live on the blockchain, they move at the speed of the internet. Transfers are instant. Fees are minimal. They’re available 24/7, unlike our traditional banking systems.
And now the concept could be about to go mainstream.
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