StableCoins are safe assets, usually fiat currency, like the US dollar.
Why are Stable Coins important?
Stablecoin is a cryptocurrency that holds its value. This is because it’s backed by a physical asset like gold, US dollars, or other government-issued currency.
Their token is tied to USDT or US dollar ropes, so there is only one Stable coin in use rather than numerous due to complicated regulation or other control methods.
What’s the difference between them and “normal” cryptocurrencies like Bitcoin or Ethereum?