Stablecoins: The Compromise?
Stablecoins like USDT and USDC have emerged as a middle ground between volatile cryptocurrencies and traditional dollars. Because they are pegged to the dollar 1:1, they provide a safe means of transferring money quickly and without significant volatility. However, the real challenge for them is transparency and the reserves that back them. If people lose trust, as happened with Terra Luna, they could collapse and cause a disaster across the entire market. That's why regulatory oversight is very important here.
