You probably know that *stablecoins* are cryptocurrencies designed to maintain a stable value, often pegged to fiat currencies like the US dollar.
🧩But beyond price stability, *stablecoins play a much more important role in the crypto ecosystem: they are widely used for fast and inexpensive payments, drive DeFi applications, and serve as a hedge in volatile market conditions.
⚖️Are you interested in knowing how they really work and how they maintain their parity over time?
In our latest article, we analyze the _different types of stablecoins_, including those backed by fiat currencies, those backed by cryptocurrencies, and algorithmic models.
👉Check it out here: https://s.binance.com/09TEmQcf