Stable cryptocurrencies that and what they are.
In a context of extreme market volatility, investors are looking for alternatives to take care of themselves. Among the options, stablecoins appear that, unlike volatile ones like #Bitcoin , do not move their price.
Stablecoins are cryptocurrencies linked to more stable assets such as the dollar or the euro. The companies issuing these assets usually have a reserve to support such pairing.
Although there are numerous varieties of stablecoins available, the most popular are those that are backed 1:1 with the US dollar. Examples of these include $USDC ,$USDP ,#FDUSD #USDT。 #DAI , and $AEUR
They are safekeeping currencies but you can also put them in a flexible fixed term that you can withdraw whenever you want and they will give you a certain daily percentage for keeping them safe.
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