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Stablecoins
Minimized price votality
Pegged to stable assets
Types:
CRYPTO COLLATERALIZED
Backed by other largest market capped Crypto Currencies like Bitcoin or Ethereum
Higher level of decentralization and liquidity
Subject to volatility of collateralized crypto
Example: DAI
FIAT COLLATERALIZED
Backed by a 1 to 1 ratio of the FIAT currency
Higher stability and lower volatility vs. other crypto currencies
Highly regulated and centralized
Example: TETHER
NON COLLATERALIZED
Backed entirely by Algorithms and Smart Contracts
Most decentralized and independent
Complex and high downside risk
Examples: Carbon, Basic and SagaCoin
Are you swapping your crypto to stablecoins? Or just holding it?