What Are #stablecoins? #explained

Think of a stable coin like a token at An arcade instead of paying for your Games with cash you first get tokens From the main booth that can be used Everywhere in the venue these tokens Have a fixed value equal to the local Currency and every arcade game accepts Them without worrying about the Everchanging value of the currency Stable coins work the same way in the Digital currency world they're like These arcade tokens tied to the value of A stable asset often a dollar making Them less volatile than other Cryptocurrencies while other Cryptocurrencies can swing wildly in Value like stocks stable coins are the Stable currency you use for consistent Trade immune to the roller coaster of The markets ups and downs so next time You'll be wondering what this is