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What Are Stablecoins And How Do They Work?

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"What Are Stablecoins And How Do They Work?"

We explore what makes stablecoins different to other cryptocurrency, what the risks are, and delve into the most popular coins.

One of the biggest criticisms levied against most cryptocurrencies is that they are unpredictable. This can be seen in something like Bitcoin, which can suddenly crash and grow in a short space of time.

Stablecoins try to overcome this and offer stability by backing against a reserve asset like US dollar or gold.

To help you understand more about stablecoins, we've created this handy cheat sheet that clearly explains what stablecoins are, what the different types of stablecoins are, and what the risks involved are.

We have also rounded up the top stablecoins on the market, handily listing information like their country of origin, market cap, and the name of the company behind the coin.

Don't delay! Find out more with our stylish and free cheat sheet.

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