Difference between Stablecoin and Bitcoin
Stablecoin and Bitcoin is fundamentally both a type of cryptocurrency or digital tokens. However, their fundamental working process is quite different. Learn about the differences between Stablecoin vs Bitcoin now.
Key Points
This presentation is for you, if you want to
- Understand what Stablecoin is.
- Understand what Bitcoin is.
- Learn about the differences between Stablecoin and Bitcoin.
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About Stablecoin Vs. Bitcoin
Bitcoin is the most popular cryptocurrency on the market solely because of the scarcity of this coin. However, this scarcity makes this coin extremely volatile, which is not acceptable if companies want to utilize this digital coin as a means of value. Therefore, stablecoins were developed in order to offer the same distributed features of digital coins with a stable value. Here, we will analyze the difference between stablecoin and Bitcoin to understand how they differ and whether stablecoin is a viable alternative to Bitcoin.