The coins that are stable in price are called Stablecoin. As long as the Satoshi has not replaced the dollar, they will be very useful in the cryptocurrency world.
They allow the trader to avoid being impacted by sudden market movements like we used to have with Bitcoin. They could also become a must for daily use in the near future, as they enjoy the performance of transactions via blockchain. The purpose of this article is to present some of these coins.
It is important to keep in mind that their values are based on the value of their asset reserves. And the price of these assets is not stable compared to other currencies and cryptocurrencies.
Reserves held by asset-backed stablecoins are subject to market, credit and liquidity risks. There are heightened risks due to unregulated issuers and service providers, opacity and complexity of the crypto ecosystem, and a lack of recourse for lost or stolen crypto-assets.
