Plus as you correctly note the operative word is degree of stability. Stablecoins are not totally stable, instead they are simply more stable than other cryptocurrencies. Which is not saying much given last year.

Unfortunately, a lot of people will think stablecoins are totally stable and get shocked when they lose or make a lot of money unexpectedly. Note instability is good because smart people can make money from it.

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.