The Acceptance of Crypto-Assets
Emergence of Stablecoins
Stablecoins are digital currencies that transact on a digital ledger and rely on cryptographic validation techniques otherwise known as blockchain.
They were born from the broader more volatile cryptocurrencies to achieve “stability”, hence the term “Stablecoin”. No different from traditional markets and fiat currencies, they were mainly used by traders to hedge against volatility, allowing cryptocurrency traders to move funds frequently…