Here at Token Metrics, we understand that our most valuable asset is you, our audience.

With your help, we have put together a guide to the Top 3 Stablecoins of 2020, as voted upon by you.

So sit back, relax, and enjoy the Moon Awards.

What Are Stablecoins?

With the rise of cryptocurrencies such as Bitcoin, blockchain has now become widely recognized as the currency of the future as more people become disenfranchised with fiat money.

Many investors looking for a more stable asset, though, can be turned off by Cryptocurrencies such as Bitcoin and Ethereum as they are known to fluctuate in price and be quite volatile.

Stablecoins are the perfect compromise for those investors as they are a type of cryptocurrency that is immune to the high volatility found in Bitcoin and Ethereum.

The values of stablecoins are pegged to real-world assets such as the US dollar, gold, or oil, which allows them to experience the benefits of cryptocurrencies without the high volatility.

Stablecoins are assets that fit seamlessly into the financial plans of an investor who sees the value in cryptocurrency but wants the stability found in real-world assets

Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies.

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