Stablecoins: What They Are and How They Work – Alana Benson

Gambling can be a good time, but bitcoin’s more than 50% drop in value in just a few months? That kind of gamble isn’t for everyone. Enter stablecoins: They have technology similar to traditional cryptocurrencies but are backed by real-world assets, making them less prone to significant drops in value compared with their highly volatile…

Alana Benson writes for NerdWallet. Email: abenson@nerdwallet.com.

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