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A Guide to Stablecoins in 2021

Written By Ivan on Tech

Feb 14, 2021

2020 was a highly eventful year for the cryptocurrency market. However, it looks like 2021 could be the year when the crypto sector really takes off. At the moment of writing, Bitcoin is pushing new all-time highs and is trading north of $49,000. What’s more, the wider cryptocurrency market has continued the rally seen during the last few months of 2020 and January of 2021. As such, one can only imagine what the rest of 2021 could hold. Nevertheless, one asset class is somewhat overshadowed by the past weeks’ dramatic 2020 Bitcoin bull run - stablecoins. Although these crypto assets’ more stable nature can make them less attractive during bull runs, they are nonetheless effective tools to avoid volatility. Consequently, let us look at stablecoins in 2021, and some of the biggest actors in this niche.

If you want to learn more about stablecoins and other cryptocurrency terms, be sure to check out Ivan on Tech Academy. Ivan on Tech Academy is one of the premier sites...

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