Stablecoins have established themselves as an integral part of the global crypto ecosystem, acting as a payment and remittance rail and as trading capital for active crypto traders. In this guide, we will look at what stablecoins are, how they work, how they maintain their peg, and why they depeg.
Stablecoins are cryptocurrencies whose values are tied (or pegged) to a commodity or a fiat currency to provide a price-stabe digital currency. Read the article to understand the differences of top 5 coins.
