Are stablecoins cryptocurrencies?

Answer: No!

Stablecoins are cryptocurrency tokens that are created and regulated by very specific groups of people, often officially, on behalf of a company.

Regulation of stablecoins is carried out through the functionality stipulated in the smart contract code of this stablecoin.

There is a risk of blocking your stablecoins even if you store them in the correct cryptocurrency wallets, or even in hardware wallets.

⚠️ Pay attention!

Your stablecoins are managed not only through the seed phrase, but also through the functionality specified in the stablecoin smart contract.

Be careful with stablecoins - you don't own them. ☝️

List of the most famous Stablecoins

🔻Tether (USDT)

🔻USDC

🔻Dai

🔻TrueUSD

🔻BUSD (Binance USD)

🔻USDD

🔻Pax Dollar

🔻PayPal USD

🔻STASIS EURO

Other...