#StablecoinPayments Payments with stablecoins are becoming a common way to transact with institutions at all levels, as stablecoins reduce the volatility and risks associated with traditional cryptocurrency transactions. There are four types of stablecoins in circulation: those backed by fiat currencies, those backed by commodities, those backed by cryptocurrencies, and those backed by algorithms. Tether (USDT), USDC, DaiPax, Gold (PAXG), and PayPal USD (PYUSD).