Stablecoin 101: Definition, Collateral, How They Work
To ensure this can happen, stablecoin creators hold onto reserves of other currencies or assets. Other cryptocurrencies may fluctuate in value relative to, say, the U.S. dollar. In contrast, the price of a stablecoin should not change relative to the currency to which it’s pegged. A stablecoin worth $1 aims to maintain the price of […]

