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Stablecoins: Strong, stable, and fully decentralized. Ish.
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If dealing with cryptocurrency teaches you anything, it’s how high your tolerance for volatility really is. But for those hunting for something a little more stable, there’s still a crypto product out there for you. Pegged to an external asset such as gold, forex, or fiat currency, stablecoins combine the earning potential of crypto with the steady nature of real-world investment. In theory, this allows the coins to retain their purchasing power and makes them viable as a long-term asset – separating them from the boom-bust day cycle that can haunt some corners of the crypto-trading market. Or, if you’re in the market for something spicier, you can pick up crypto-collateralized coins. These are attached to other cryptocurrencies with algorithmic consensus mechanisms to create stability. So, if you want the best of both worlds, here are some of the most popular stablecoin cryptos that you can add to your portfolio today.
But buyer beware. Not all stablecoins can turn out to be as stable as they appear, so while this list contains coins that have been regularly in the top 250 in terms of market cap, it means little if you've not researched the projects themselves and understood the risks. Please note that this is not a comprehensive selection, and additional symbols may be available. This list does not constitute advice, and you should always do your own research before placing a trade.
But buyer beware. Not all stablecoins can turn out to be as stable as they appear, so while this list contains coins that have been regularly in the top 250 in terms of market cap, it means little if you've not researched the projects themselves and understood the risks. Please note that this is not a comprehensive selection, and additional symbols may be available. This list does not constitute advice, and you should always do your own research before placing a trade.