The XRPL is built for payments, and the built-in decentralized exchange will be able to support issuing stablecoins with a “unique functionality” called Issued Currencies, which is designed to be the “ideal” platform for stablecoins.
Read moreWhat is the biggest stablecoin?
Tether (USDT) Being the largest stablecoin, Tether has felt pressure to compile regular reports about its reserves, to prove that it can maintain its peg to the dollar.
Read moreIs stablecoin a good investment?
Can You Invest in Stablecoins? Stablecoins are used as a niche currency in the crypto world — and don’t make for great investments . They are better suited for digital transactions and converting digital assets to and from “real” money.
Read moreWhy are stablecoin interest rates so high?
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 moreWhat is the most reliable stablecoin?
7 best stablecoins list:
Read more