Explainer: What are stablecoins, the asset rocking the cryptocurrency market? – Reuters.com

<p knowledge-testid="primary-picture-caption" id="primary-picture-caption" class="textual content material__textual content material__1FZLe textual content material__medium-grey__3A_RT textual content material__regular__2N1Xr textual content material__small__1kGq2 body__base__22dCE body__caption__3L…….

npressfetimg-714.png

Recurrentations of cryptocurrencies collectively with Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen On this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration

Register now Freed from cost limitless entry to Reuters.com

Register

LONDON, Might 12 (Reuters) – Most cryptocurrencies have A critical drawback with worth volatility, however one sub-class of cash is designaled To take care of A persevering with worth: stablecash.

As cryptoforeign money prices plummeted this week, with bitcoin dropping round A third of its worth …….

Source: https://www.reuters.com/business/finance/what-are-stablecoins-asset-rocking-cryptocurrency-market-2022-05-12/