Stablecoins: What are they and how do they work?

Diversification is one of the fundamental principles of investing that helps reduce a portfolio's risk. When it comes to building a cryptocurrency portfolio, managing risk in this burgeoning, stablecoins is essential to protecting your bottom line. Stablecoins are an attempt to create a cryptocurrency that isn’t volatile. A stablecoin’s value is pegged to a real-world currency, also known as fiat currency.    Stablecoins are a great way to keep your bottom line secure when building a cryptocurrency portfolio. Learn more about your ad choices. Visit megaphone.fm/adchoices