In today's world, where the wave of the digital economy sweeps across the globe, a financial tool that combines stability and digital advantages is quietly rewriting the rules of currency and payment—this is the stablecoin.
As digital assets pegged to the value of fiat currency, stablecoins not only avoid the shortcomings of the extreme price volatility of cryptocurrencies like Bitcoin, but also inherit the efficiency and transparency of blockchain technology.
What is a stablecoin?
A stablecoin is a cryptocurrency that is anchored to stable assets (such as the US dollar, gold, or other currencies), with its value typically tied to a certain stable asset, aiming to reduce price volatility and maintain a relatively stable value.
You can understand it as a "silver note" in the digital age: in ancient times, if you deposited silver into a money house, you would receive a silver note of equal value for transactions; now, if you store real gold and silver with a stablecoin issuing institution, you will receive a digital currency of equivalent value.
Unlike traditional cryptocurrencies such as Bitcoin, stablecoins