Stable coins: The promoted digital currencies in the shade of low official control

Stable coins: The promoted digital currencies in the shade of low official control

The growing meaning of stable coins: an analysis

stable coins are digital currencies that were developed with the aim of offering stability in the often volatile cryptocurrency market. In particular, they are often coupled to the US dollar. This type of cryptocurrencies has gained significantly popularity in recent years. Their benefit ranges from minimizing price fluctuations to facilitating fast and inexpensive transactions.

A remarkable aspect of stablecoins is their resistance, even if they are not subject to less official supervision. This fact raises important questions regarding regulation and the potential risks associated with the use of such digital currencies. While stable coins offer users relative security, the debate about their long -term sustainability and the effects on the traditional financial system remains.