Stablecoins offer an alternative to fiat currencies and other cryptocurrencies that can be used in place of traditional currencies.
Stablecoins are cryptocurrencies that are pegged to a commodity such as gold or a fiat currency such as the U.S. dollar. And stablecoins have attracted a lot of attention lately. There are growing indications that stablecoins will be regulated in the U.S. and other jurisdictions. Expectations are that stablecoins will become the first cryptos to be subject to American regulations.