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What are stablecoins? A blockchain expert explains

  • Written by Stephen McKeon, Associate Professor of Finance, University of Oregon
What are stablecoins? A blockchain expert explainsStablecoins promise more stability than other cryptocurrencies. DenBoma/iStock via Getty Images

Stablecoins are a type of cryptocurrency linked to an asset like the U.S. dollar that doesn’t change much in value.

The majority of the dozens of stablecoins that currently exist use the dollar as their benchmark asset, but many are also pegged to...

Read more: What are stablecoins? A blockchain expert explains

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