View: Stablecoins threaten financial system, but no one is getting to grips with them

Like other cryptocurrencies, stablecoins move around on the same online ledger technology known as blockchains. The difference is that their value is pegged 1:1 to a financial asset outside the world of crypto, usually the US dollar.

from Cryptocurrency-Markets-Economic Times https://ift.tt/3oqFDgP