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.
We have popular crypto that are mainly for strict purposes. We should making good decisions that will enabled everyone to be milking the system back to back, atleast everyone needs the evidence of their investment to start showing in their various portfolio. Stablecoins are now preferably stated as one of safe measures to convert your assets whenever the market seems to be experiencing heavy bear season. We're here to look out for each other and always ensure we're milking the system with solid strategy.