#stablecoins

NC Wallet has exciting news — now we support USDT stablecoin (TRC-20) on the TRON network.

Sharing more tips! We are continuing a deep dive into the world of stablecoins. In the first part, we’ve discussed the importance of collecting info about the company issuing stable tokens: its business model, jurisdiction, and regulations. Today, we cover three more things that you should take into consideration.

How to use all the benefits of crypto without volatility risks? Just set your eyes on stablecoins. Today we have only collateral-backed stablecoins at the centre of attention. The value of such tokens is tied to real-world assets (dollar, euro, gold, bonds) or other cryptocurrencies. The most well-known “stable” cryptos of that type are Tether (USDT), USD Coin (USDC), DAI, and Binance USD (BUSD). In this article, we will highlight things to pay attention to when choosing the right stablecoin.

Stablecoins are the “stable” currencies of the cryptocurrency world. The main idea behind those coins: their value is tied to other reserve assets like the dollar, euro, or even gold!