The Problem That Started It All
Imagine you bought a cup of coffee with Bitcoin six months ago. Back then, it cost you 0.0001 BTC. Today, that same amount of Bitcoin could buy you either half a cup or three cups, depending on Bitcoin's wild price swings. But if you paid with dollars six months ago and pay with dollars today, you'd pay roughly the same amount. This is the fundamental problem that stablecoins solve.
What Are Stablecoins?
Most people think stablecoins are simply "non-volatile crypto assets." This definition is wrong.
The correct definition: A stablecoin is a crypto asset whose buying power fluctuates very little relative to the rest of the market.
