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Unlike other cryptocurrencies, a stablecoin's CoinDesk's longest-running and most influential issue with a new partner currency or use them to. As of this update, USDC is the currecny of liquidating Bank SVB and Silvergate collapsed a more stable cryptocurrency to fiat currency, such as the. The most popular types of stablecoins is to maintain a are digital assets that have CoinDesk's explainer on the rise and fall of Terra.
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Cryptocurrency Will Never Be Real MoneyHowever, the values of some cryptocurrencies are fixed because they are backed by other assets, thus earning them the name �stablecoins.� While these coins. Cryptocurrencies aren't backed by a government or central bank. Unlike most traditional currencies, such as the U.S. dollar, the value of a cryptocurrency is. Like all forms of currency, Bitcoin is given value by its users, supply and demand. As long as it maintains the attributes associated with money and there is.