#StablecoinLaw

Stablecoins are cryptocurrencies that aim to ensure stable prices by being tied to real assets such as fiat currencies or precious metals. A fiat-backed stablecoin like USD Coin is pegged to the US dollar and provides stability in the volatile crypto market. There are different types of stablecoins, including algorithmic stablecoins that use supply adjustments. Popular stablecoins are often used as a medium of exchange and for trading on blockchain platforms. Some of the most popular stablecoins include USD Coin, Tether, and Dai.