A stablecoin is a type of cryptocurrency that relies on a more stable asset as a basis for its value . Most commonly, people refer to stablecoins as linked to a fiat currency, such as the U.S. dollar, but they can also have value linked to precious metals or other cryptocurrencies.
Read moreWhat is the best stablecoin on Coinbase?
7 best stablecoins list:
Read moreWhere do I buy stablecoin?
To buy stablecoins you’ll need an account with a crypto exchange or a digital wallet where you can buy crypto directly . Some services may not be available in all locations, so be sure to check whether the options you want are available where you live.
Read moreDoes Coinbase offer stablecoins?
What is USD Coin? USD Coin (USDC) is a type of cryptocurrency that is referred to as a stablecoin. You can always redeem 1 USD Coin for US$1.00, giving it a stable price. On Coinbase, eligible customers can earn rewards for every USD Coin they hold .
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