Crazy for crypto but allergic to risk?

For the risk-averse, stablecoins—multiple private, stabilized cryptocurrencies—are a less volatile form of digital currency. Stablecoins gained steam during the first half of 2021, with nearly $3 trillion traded on exchanges.

The rise in circulation of stablecoins has closely tracked the volume of cryptocurrencies traded on exchanges over the past three years.

To read the article, see “CBDC and stablecoins: Early coexistence on an uncertain road,” October 11, 2021.