What is a stablecoin? Everything you need to know



Cryptocurrencies are currently going through an accelerated period of growth. Research from the Cambridge Centre for Alternative Finance suggests that the number of global crypto users has increased from 35 million in 2018 to 101 million in 2020.

Stablecoins make up just one part of this burgeoning ecosystem, but their influence and adoption is growing rapidly. They are now supported by more cryptocurrency service providers than ever before, with a market capitalisation of just under $ 25 billion.


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