Stablecoins anchor their price to an external asset, usually to a government-issued fiat currency, and allow cheaper and faster transactions using blockchain technology. Despite its growing adoption in developing countries, U.S. dollar-denominated stablecoins dominate the market, representing roughly 99% of the combined supply, according to CoinGecko data.
Crypto's Election Season Is Kicking Off
The U.S. is holding its presidential election this fall. More than half a dozen other countries and bodies are likewise...