By Matthew Makowski This stablecoins list won’t give investors access to the wild price swings that put crypto on the map. Stablecoins are conspicuously less volatile than most other cryptocurrencies. They accomplish this by pegging their value to a more stable asset.
For instance, some stablecoins are backed by a dollar reserve. These reserves are usually handled by an independent administrator. And the administrator is regularly audited to certify that the fixed ratio (typically 1:1) is warranted. But this is just one of several examples of an asset that a stable coin can be pegged to.
There are commodity-collateralized stablecoins. These are backed by assets …read more
