STABLE COINS AND CBDCs

Stablecoins are a type of cryptocurrency designed to reduce price volatility. By pegging against an underlying asset (currency / commodity) stablecoins are Abel to reduce the price-volatility risk in making a crypto payment whilst offering all the main benefits of crypto. As Coinbase explains “Unlike regular US dollars, USD Coin doesn’t require a bank account. It doesn’t require that you live in a particular geography. And you can send USD Coin around the world at an extremely low cost in just a few minutes. This opens a lot of possibilities.”