Get Up to Speed on Stablecoins and Why They’re the Hottest Thing in Crypto This Summer
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Stablecoins are becoming increasingly popular for fast and low-cost digital payments.
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The future of stablecoins will likely depend on a mix of innovation, competition, and government regulation.
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Companies like Circle and PayPal are competing to provide trusted and transparent stablecoin offerings.
A stablecoin is a pretty simple idea. It uses a blockchain ledger, like any cryptocurrency, to represent the real-time value of a specific asset. In most cases, stablecoins are tied to a fiat currency such as the U.S. dollar or the euro.
That may sound simple and almost boring, but stablecoins are actually a hot topic right now. Let’s take a look at the recent surge in stablecoin…
