Stablecoins: Brilliant idea or ticking time bomb?

If you have been in crypto for more than two minutes, you know one simple fact: Coin prices are really volatile. And that volatility isn’t just tough on investors. It’s also tough on those who provide services to crypto startups in exchange for tokens — and for the crypto startups themselves, who are having to run a business with an ever-changing budget.

Given the growth of the crypto sector in the past year, significantly increased interest by institutional investors and the high volatility of many assets, the concept of stablecoins has seen quite a bit of interest. As the name implies, stablecoins are crypto-assets that seek to hold a consistent value vis-a-vis another currency. There is a lot of great material out there on the topic.