Stablecoins, the stable cryptocurrencies: how they work and what uses they have
USD Coin, Tether, or DAI are examples of 'stablecoins', also called stable currencies. These are a type of 'token' designed to maintain a constant financial value and thus prevent the volatility of other virtual currencies like bitcoin or ether.
'Stablecoins' are 'tokens' whose value is associated with that of a real asset or is controlled through an algorithm, which makes their price more stable than that of other cryptocurrencies. The main objective of creating a 'stablecoin' is to provide refuge to investors during times of volatility.
