Introduction to Stablecoins

Overview: Stablecoins are already considered commodities and traded among crypto exchanges. Naturally, during cryptocurrency market fluctuations, stablecoins do a better job of holding their value. For example, during the largest cryptocurrency market crash of all time in 2018, many currencies lost 30 to 70 percent of their value whereas Tether’s stablecoin held within eight percent. Still, critics raise three concerns about their design and governance.