Crypto Academy
@cryptoacademy0
๐ช What are stablecoins? Theyโre a type of cryptocurrency designed to keep a stable value โ usually pegged to fiat currencies like the US dollar ๐ต. Unlike Bitcoin or Ethereum, which can be very volatile ๐๐, stablecoins aim to stay consistent in price. There are different types: some backed by real-world assets (like USDT, USDC), others by crypto or even algorithms ๐ค. Theyโre used for fast transfers, saving, or trading without big price swings. A bridge between crypto and traditional finance ๐!
0 reply
0 recast
0 reaction