Stablecoins

Cryptocurrencies designed to minimize price volatility by pegging their value to stable assets like fiat currencies, commodities, or through algorithmic mechanisms. The three main types are fiat-collateralized (like USDT and USDC), crypto-collateralized (like DAI), and algorithmic stablecoins. They serve critical functions in trading, remittances, and as a bridge between traditional finance and cryptocurrency markets.

Categories: cryptocurrency types, defi