Olivia Eliadou

What are stablecoins? Stablecoins are a type of cryptocurrency designed to maintain a stable value, usually by being pegged to traditional assets such as the US dollar. They operate using blockchain technology, a secure, decentralised digital ledger that records transactions securely, and are part of a wider trend of tokenisation, where real-world assets are represented digitally. Three Main Types Fiat-backed: backed by actual reserves of currency. Crypto-backed: backed by other...