First there's no such thing as Stable Coins, as you can see in the market there's no such thing as stable even the Bitcoin itself didn't maintain its price because it's the market/people are making the price of it.
Well in the image below you will see the volatility of Bitcoin in the past years until now, that's how the market works there's no such thing as stable.
Well in the image below you will see the volatility of Bitcoin in the past years until now, that's how the market works there's no such thing as stable.
The price of most cryptocurrencies is determined by the marketplace, where buyers and sellers exchange coins and a price is discovered by supply and demand. In contrast, stablecoins seek to achieve a fixed price, which happens through a variety of means
One of the primary factors driving merchants away from accepting cryptocurrencies is the volatile price coupled with rising transaction fees. This has caused several mainstream companies to drop bitcoin as a form of payment. In comparison, stablecoins can potentially serve as the backbone of financial applications on the blockchain, especially considering that some of them are compatible with smart contracts…
