Understanding stablecoins: what are they?
The price volatility of cryptocurrencies deters many users, such as investors and companies, from participating in the crypto market. To solve this problem, a type of cryptocurrency, stablecoins, was created.
Store of value
Store of value assets are assets whose value is conserved over time.
Fiat currency is currency issued by governments that derives its value from government support.
Diamond for 10 million dollars in cryptocurrency
Auction houses Sotheby’s has put up for auction a rare pear-shaped diamond weighing 101.38 carats for over $10 million in cryptocurrency.