DEV Community

Cover image for The rise of StableCoins

The rise of StableCoins

Mohammad Ayaan Siddiqui on June 15, 2023

Decentralized finance (DeFi) has been one of the most significant developments in the blockchain industry in recent years. DeFi has made it possibl...
Collapse
 
annaofcryptosphere profile image
Anna

Stablecoins and CBDCs can really work as a middle path between standard cryptocurrencies and fiat currencies. These provide a sense of security, especially to common people, who can't afford to take risks with crypto investments.
I myself started crypto investments with stablecoins, through an easy-to-use crypto wallet, AnCrypto, and after gaining sufficient confidence, moved on to other popular cryptocurrencies.