Stablecoins are cryptocurrencies whose market value is tied up to another currency or to external references. They are more useful  than being more volatile cryptocurrencies as means of exchange . Stablecoins are fasten to the U.S currency that is dollar also to a commodity like gold.

   Stablecoins try to get price stability by maintaining to keep for later use asset as collateral or through algorithmic formulas which are suppose to control supply.

   It aims at providing and offering a choice to high volatility of most popular cryptocurrencies including Bitcoin.