Stablecoins are digital tokens pegged to tangible assets like gold or fiat currencies. They aim to provide stability to the volatile cryptocurrency markets. There are several stablecoins currently circulating in the market, each with its unique features. Some are backed by fiat currencies, some by precious metals, and others by cryptocurrencies. This guide goes through what you should look for when choosing a stablecoin and the 7 best stablecoins based on market capitalisation. What to Look Out for When Choosing a Stablecoin It is never wise to buy stablecoins, thinking that this is the only way to avoid all risks that come with other cryptocurrencies. If you’ve set your mind and genuinely want to get your hands on some stablecoins, here is what to look for in the best stablecoin: The type of asset – The first thing you should do is check the resources tied to the stablecoins you...