3 Reasons Stablecoins Are on the Rise
Yeah, stablecoins are on the rise. Their prices aren't skyrocketing of course, but they are gaining space in several other ways.
It might sound strange at first, but stablecoins are soaring these days.
I don't mean that the price of Tether (CRYPTO: USDT) or USD Coin (CRYPTO: USDC) is skyrocketing, of course. They are going nowhere from that perspective, essentially pinned to the $1.000 price point as expected. But the entire category of stablecoins is gaining momentum, with lots of new names on the market and a rising tide of trading volumes.
So let's look at the surging stablecoin category. The calmest corner of the cryptocurrency market can be surprisingly exciting.
