Demand for stablecoins constantly exceeds supply . So people with stablecoins to lend can charge premium interest rates, and crypto platforms desperate for stablecoins offer high interest rates to attract new stablecoin lenders. That’s why stablecoin interest rates are so high.
Read moreWhich is the best stablecoin?
7 best stablecoins list:
Read moreIs Bitcoin a stablecoin?
Stablecoins are useful because they allow people to transact more seamlessly in cryptocurrencies that function as investments, such as Bitcoin or Ethereum . They form a bridge between volatile cryptocurrencies and stable real-world assets, like fiat.
Read moreIs Ethereum a stablecoin?
Digital money for everyday use Stablecoins are Ethereum tokens designed to stay at a fixed value, even when the price of ETH changes .
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