Stablecoins are digital assets pegged to the value of fiat currencies like the U.S. dollar, making them less volatile than cryptocurrencies like Bitcoin. They are often used for payments, remittances, and yield farming. In this post, Finances 4You explains how stablecoins work, their pros and cons, and their growing role in the global financial system.
Stablecoins Explained: The Bridge Between Crypto and Fiat
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