Stablecoins are a cryptocurrency tied to another asset class, usually the U.S. dollar, to keep a stable, steady value. They’ve come into sharp focus after PayPal and some others announced they were issuing their stablecoins. Legislation to regulate stablecoins is also seen to be the most likely to make it through the U.S. Congress.

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• Source: https://www.coindesk.com/policy/2024/05/06/less-than-10-of-stablecoin-transaction-volume-coming-from-real-users-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines