Category: Stablecoins

Stablecoin yields can be safe and steady passive income or risky and turbulent losses. Click here to learn the difference.

A Stablecoin is a cryptocurrency whose value is tied to a reserve asset, such as the US dollar, gold, various commodities, or even other cryptocurrencies. Stablecoins add price stability to an often volatile and fluctuating Decentralized Finance (DeFi) ecosystem. Cryptocurrency is famously volatile. Take Bitcoin, for example. In its mind-blowing journey to 6,000,000% gains –…