Stablecoins

Stablecoins are cryptos whose value is pegged to a real-world asset, like the U.S. dollar. They’re in demand because crypto prices jump around too much to be used by vendors to price their products. But there’s a big problem with the first generation of stablecoins: Users have to trust...

The cryptocurrency market has lost over $7.2 billion in market capitalization in less than 24 hours at press time. What Happened The market saw a massive sell-off at around 1:30 PM on Monday that reduced the market capitalization by 2% from $194.3 billion to $187.1 billion in the ...