E9: What is a Stablecoin?

29/03/2021 10 min

Listen "E9: What is a Stablecoin?"

Episode Synopsis

Stablecoins are basically an IOU (I owe you) for a traditional fiat currency (usually dollars). You use your fiat currency to purchase a stablecoin that you can later cash-in and redeem for your original currency (if needed). #usdt #usdc