How to find the list of stable cryptocurrencies?

 Bitcoin and Ethereum are two of the famous cryptocurrencies but a major drawback of these coins is that they are highly volatile. There is no doubt in mentioning that cryptocurrencies are highly volatile and this is the reason that if people once invest in any of the cryptocurrencies they become highly risk-taking. But what is a stable coin? They are the coins that have lower volatility as compared to others. 



This is one of the drawbacks of cryptocurrencies that unlike fiat money it is highly unpredictable. Another drawback is that there is unnecessary currency risk, they are difficult to transact with, it hinders long-term dapps that require price stability. Once an investor buys a cryptocurrency, he needs to know that will it be worth it after a week or a month. This is a benefit of a stable coin that it is a price-stable cryptocurrency. Its price is pegged to another stable asset basically fiat money. 


There are many stable coins like Tether, True USD, Paxos Standard, USD Coin, Binance USD, etc. To know more about the list of stable cryptocurrencies, visit cryptoknowmics. 

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