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Episode Twenty-Five: What Are Stablecoins (And Why Should You Use Them?)

Welcome To Episode 25 of the CryptoLabs Podcast! Big question I’ve been asked when it comes to stablecoins was…If the value of the USD is suffering from inflation and stablecoins are pegged (linked and equal to) a dollar then why would I risk holding a digital version of an asset that is going down in value? Short answer is that stablecoins are the bridge between the world of fiat currency and the world of cryptocurrencies which tends to be more volatile. Stablecoins have many other functions and utilities and if you want the long answer, tune into the full episode to learn it all. Let’s dive in! Enjoy! Lucas
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