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Get Up to Speed on Stablecoins and Why They're the Hottest Thing in Crypto This Summer
A stablecoin is a pretty simple idea. It uses a blockchain ledger, like any cryptocurrency, to represent the real-time value of a specific asset. In most cases, stablecoins are tied to a fiat currency such as the U.S. dollar or the euro. That may sound simple and almost boring, but stablecoins are actually a hot topic right now. Let's take a look at the recent surge in stablecoin buzz. You'll find Circle Internet Group (CRCL -7.84%) right at the heart of the ongoing stablecoin trend. This company joined the public stock market on June 5. The stock offering was boosted from 24 million shares to 34 million stubs on the ... (full story)
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