What is a Stablecoin? Sarson Funds’ newly updated Guide to Stablecoins breaks down the different kinds of stablecoin digital assets.
Stablecoins share many advantages with digital assets and fill an important role in the cryptocurrency ecosystem by pegging their value to existing currencies like the US Dollar. These stablecoins seek to achieve their US Dollar “peg” in different ways, and not all stablecoins are created equal.
It’s important to understand the differences in these protocols.
Download our Stablecoins Understood infographic to read about major centralized as well as decentralized stablecoins such as:
- Tether / USDT
- USDC from Circle
- Binance USD
- Frax Protocol
- Terra Luna UST