What are Stablecoins? What is Tether?

Start trading Bitcoin and cryptocurrency here: https://bit.ly/2Zz7qj1 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. For example, the Stablecoin known as Tether, or USDT, is worth 1 US dollar and is expected to maintain this peg no matter what. That’s Stablecoins in a nutshell. If you want a deeper explanation keep on watching the video, here’s what I’ll cover: 0:37 - Cryptocurrency volatility 1:40 - Stablecoins in a nutshell 2:22 - Main usage of stablecoins 3:20 - Stablecoin peg types 6:47 - Stablecoin business models 7:17 - Popular Stablecoins in use today 8:24 - Stablecoin crticism 10:12 - Conclusion For the complete text guide visit: http://bit.ly/2QuV3xt Join our 7-day Bitcoin crash course absolutely free: http://bit.ly/2pB4X5B Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel: http://bit.ly/2BVbxeF Still have questions? Leave us a comment in the comment section below